Insurance Injury Settlement

Risk – Free Lawsuit Advance Funding for Plaintiffs

Pre-Settlement funding or Pre-Settlement Lawsuit funding is the lawsuit advance funding provided to the plaintiffs even before their case is settled. Pre-Settlement funding enables plaintiffs in lawsuits to receive money months or years before their cases have settled.

Lawsuit Pre-Settlement funding or Pre-Settlement Lawsuit funding is a non recourse lawsuit advance and plaintiff pays back to Pre-settlement funding company only if he or she wins or settle the lawsuit case. It is some times called as Lawsuit advance funding, Lawsuit advance, Lawsuit funding, Lawsuit cash advance and Lawsuit loan.

Lawsuit: Lawsuit is a popular designation of a legal proceeding between two parties, i.e. Plaintiff and the Defendant in the courts of law, instituted by one party (plaintiff) to legally compel another (defendant) to do himself or herself justice.

Plato has once said – Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.

As you very well know, deep-pocket defendants can buy time with legal ploys and delays, and manoeuver to frustrate the plaintiffs. Plaintiffs are often pressured financially, because medical bills and other expenses

If you have been hurt in an accident and are unable to work while waiting on a personal injury legal settlement or award, then you know how difficult it can be to make ends meet.  When a household loses one of it’s main income earners, finances can get tight, savings can get depleted, and it can get really hard to pay the bills.

Personal injury legal cases can take time, sometimes up to three years, before they are resolved.  If you are too hurt to work or can’t find a new job, then you know how quickly the medical bills, mortgage payments and utility bills can pile up. In times of great financial stress, it can be tempting to ask your lawyer to settle your lawsuit for far less than what you deserve in order to pay off your debts. That’s one of the reasons insurance companies sometimes drag out the legal process: they have the resources to wait, and they know that you don’t.

If this sounds all too familiar, then you should contact USClaims to find out about our no-risk pre-settlement lawsuit funding or a cash advance on your future personal injury settlement or award. Applying is easy, and if you are approved USClaims get you the cash you need fast—in as little as 24-hours.

How does this work?  Well, companies like USClaims offer pre-settlement financing to personal injury victims of auto accidents, workplace and construction site injuries, premises liability, and medical malpractice.  We will work with you and your attorney to purchase an interest in the proceeds of your case. Upon the signing of the purchase agreement, you get much needed money to help pay for things like medical care and surgical procedures caused by your accident, your rent or mortgage, your children’s school or college tuition, and most importantly you will be giving your lawyer the time they need to get you fair compensation for your injuries.  When your case is concluded – and you’ve won – you pay USClaims back.

Plaintiffs often have few other options available to them.  If you take cash advances out on your credit cards or use them to pay your bills without the ability to make regular payments on the card throughout the entire legal process, you could quickly find yourself drowning in interest charges, late fees and debt. Getting a bank to issue a personal loan without a job can be nearly impossible; and personal loans can have terms that are nearly as punitive as credit cards.  As with credit cards, if you can’t make the regular payments, you will quickly get in trouble with the bank and likely ruin your credit.  Taking out a home equity loan or a second mortgage is also extremely risky: if you default on your payments you could lose your home, and no one wants to end up injured, unable to work, and without a home.

Because there are so few options out there for plaintiffs, the pre-settlement finance industry has seen a lot of growth over the last few years. This has led to a number of less-than-reputable companies and brokers entering the market, so it is important that you find a lawsuit funding company that you can trust.

Not all pre-settlement financing is created equal.  Here are a few things you should look for when choosing the right company:

Is the company committed to ethical business practices?  USClaims and 12 other reputable companies are members of ALFA, the American Legal Finance Association, which establishes industry standards in the legal funding industry, especially regarding transparency in transactions and clear disclosure to consumers.

Is the funding directly through the company?  If you go through a broker, then be aware that brokers collect additional fees; this is money out of your pocket.  Make sure you apply for lawsuit funding directly through a pre-settlement finance company and save yourself time and money.

Is the company known for good customer service?  A lawsuit funding company with good customer service can help customize a plan to fit your needs.  You’ll have the option to collect either one lump sum or they can help you stay on a budget for the long haul through regularly scheduled deposits into your bank account.

Will the company stay out of the strategy and decisions of your legal case? Make sure you sign with a company that doesn’t attempt to acquire ownership in the your litigation or interfere with your lawsuit.  Your lawyer should always be free to make the decisions that are in the your best interest, not the interest of your lawsuit funding company.

Has the company pledged not offer or pay commissions or referral fees to any attorney or employee of a law firm for referring their plaintiff’s cases? You need to make sure that your attorney and your legal funder are both on your side and getting the best deal, not colluding to take advantage of you.

If you can answer yes to the questions above, then you are much more likely to get pre-settlement funding with fair terms from an honest company.  If you have any questions about USClaims and the services that we offer, please feel free to give us a call at 877-USClaims or contact your attorneys and let them know that you are in need of a lawsuit advance.

Lawsuit settlement loans, or also known as settlement loans, pre-settlement loans or lawsuit cash advances are an excellent way for plaintiffs to get cash prior to their lawsuit settlement. Many plaintiffs during a pending lawsuit go through financial hardships. This can be most evident in cases regarding accidents or personalworkplace injuries since the plaintiff is most likely unable to work. Being unable to work can result in medical bills, mortgage payments, car payments and living expensive pile up while the plaintiff no longer has a source of income. This is where a lawsuit settlement loan can save the day and provide the plaintiff with 0% risk.

A lawsuit settlement loan is actually a ZERO risk option for plaintiffs, you’re probably wondering how this is possible; it’s due to the fact that the plaintiff is not required to pay back the lawsuit settlement loan if they don’t win their case. That’s right, if your pending lawsuit reaches a verdict in favor of the defendant you do not pay back one dollar of the lawsuit settlement loan. This is because lawsuit settlement loans are considered non-recourse debts and not actually loans. Since the collateral is your settlement if you don’t reach one you would not be able to pay back the loan. If lawsuit settlement loan providers still required you to pay it back even when you lost it would be considered predatory lending and against the law. With a lawsuit settlement loan you safely can access funds you need to get by while having not having to worry how you’ll pay it back if you lose your case.

Lawsuit settlement loans are also approved differently than traditional loans, the approval process is based on how solid and strong your case is. Lawsuit settlement loan lenders do not review your credit history; in theory you could have the worst credit in the US and it will not affect the approval process. Employment status and income level also do not affect the lawsuit settlement loan approval process. Plaintiffs need to understand that approval for your lawsuit settlement loan is based on your case; not your personal credit and ability to pay back a loan. This allows ANYONE the ability to apply for a lawsuit settlement loan if they have a sound case.

Prior to applying for a lawsuit settlement loan you should discuss it with your attorney. The lawsuit settlement loan providers will be required to speak with your attorney and review specific documents related to your case. Giving your attorney the heads up allows them to have all the proper documents ready and be prepared to answer the lender’s questions. You’ll also want to make sure any agreements with your attorney won’t be broke by applying and accepting a lawsuit settlement loan. Hopefully if you’re facing financial hardship due to a pending lawsuit a lawsuit settlement loan can help you out.

Every single day accidents related trucks occur all over the United States. Truck accidents can result in serious injury and even death. Many of these truck accidents are related to driver fatigue, failure to inspect tires and brakes, over loaded, tailgating, drinking and driving, talking on CB or cell phone, etc. These are all considered negligence actions and can result in a civil suit against the truck driver and the company the driver works for. However, due to the size and nature of trucks injuries and damages in a truck accident can be severe if not fatal. Many truck accidents leave victims unable to work and the victims are required to seek compensation via civil lawsuit. How does a injured plaintiff in a truck accident lawsuit support his life financially if he is unable to work? That is a simple answer, a lawsuit settlement loan.

If you were in a truck accident and are in the process of a truck accident civil lawsuit then you already know what kind of time frame you’re looking at till you reach a verdict; it can be months if not years before truck accident lawsuits are settled. This is why a lawsuit settlement loan is an excellent resource for the plaintiff during this time period. A settlement loan is basically a non-recourse loan; this is due to the re-payment requirements explained later in this article. Basically a lawsuit loan provider will borrow you money against your pending lawsuit; your not required to any specific income or credit history as those things play no role in the settlement loan approval process. The approval process is based solely on the merit of your lawsuit and possible compensation.

 What makes a lawsuit settlement loan such a great choice is the fact it is a non-recourse debt because a settlement loan only requires you to repay the loan if you receive a favorable verdict in your pending lawsuit. If you lose your pending lawsuit you have no obligation to pay back the monetary loan provided by the lawsuit loan provider. This helps financial secure the plaintiff during their pending lawsuit and prevents them from being in debt at the end of their case if it’s an unfavorable verdict. This is a common occurrence with traditional loans, a plaintiff takes out a home equity loan or personal loan for financial assistance during their pending lawsuit, then they end up losing their lawsuit and then do not have the ability to pay back their initial loan; with a settlement loan you don’t have this problem! If you want to learn more about lawsuit pre-settlement loans then read below.