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Best Lawsuit Loan Companies

Best Lawsuit Loan Companies – How To Find Them

BEST LAWSUIT LOANS
      BEST LAWSUIT LOANS 

WERE you awarded money from an accident, Roundup case, or slip-and-fall lawsuit? The good news is that you will finally be getting money to pay for necessary expenses that have piled up since your injury. The bad news is that it can take a long time to get your money — you could be waiting for years. If you need the money right now, a lawsuit loan can help. There are tons of companies that provide pre-settlement loans and not all of them are reputable. So, how do you find the best pre-settlement loan companies?  

Signs Of A Good Pre-Settlement Loan Company 

Here are some things to look for when choosing a lawsuit loan company. 

# 1 Online Presence  

The first step in finding the best lawsuit loan companies is to check out their online presence. The goal is to make sure they are legitimate. Do they have a website and a Facebook page? Does their website look professional? Do the links work? Is the site trusted? Check out the companies Facebook page. Do they have links back to their website? If the company has no online presence other than a brand-new website, it pays to be skeptical. 

 #2 Exceptional Customer Service 

best lawsuit loan service
    BEST LAWSUIT LOAN SERVICE

Customer service is extremely important when it comes to finding the best lawsuit loan companies. A good way to gauge customer service is to look at current reviews. Check out testimonials from previous customers. What do customers say about this company? Legitimate companies will have lots of reviews from satisfied customers. Scammers, on the other hand, will set up websites quickly and have few or no reviews. 

#3 Upfront Answers 

The best pre-settlement loan companies give you answers. When you call the company, they should answer all of your questions satisfactorily. They should be frank about the requirements for a pre-settlement loan. If the company is vague or you feel rushed to make a decision without having enough information, then it is best to choose another lawsuit loan company. 

#4 Multi-Channel Support 

Choose a company that offers multi-channel support, meaning multiple ways to get in contact with them. Examples of multi-channel support include website forms, email, social chat, and telephone. Companies that offer multi channel support make it easier to for you to exchange information. You might want to call and talk to customer service representatives if you have specific questions about the loan process. Email support may work best when you need to send documents to support your application. Multi-channel support ensures that you can do all of those things without a fuss.

#5 A Wealth Of Resources 

The best pre-settlement loan companies offer a ton of self-service resources to help you learn about pre-settlement loans. They should create and share articles, blog posts, FAQ pages, videos, and more to answer all of your questions. Reputable companies want you to make an informed decision about a pre-settlement loan. They want you to fully understand how lawsuit loans work. This is why they provide this information. Less reputable companies don’t want customers to be informed. So they only provide the basics.  

#6 Online Application 

The best pre-settlement loan companies allow you to start the application process online. It shows that the company values your time. You may still have to talk to someone over the phone or via email, but starting the process online makes it easier and quicker to get started. Filling out a form online speeds up the process significantly. 

#7 Quick Approval 

 If you’ve filed a personal injury lawsuit, then you probably need the money quickly. You may be off from work and bills are piling up quickly. 

You need the cash now to pay your rent, utilities or mortgage payments. You shouldn’t have to wait weeks to get your money. Good lawsuit loan companies should be able to approve your application in a timely manner. The best lawsuit loan companies offer 24-hour approval. 

#8 Free Application 

You should never have to pay a fee upfront to apply for a pre-settlement loan. Reputable lawsuit loan companies do not require you to pay a penny before you receive your pre-settlement funding. If you come across a lawsuit loan company that demands a fee up front for processing, walk away fast. The company could be a scammer hoping to make a quick buck. 

#9 Risk-Free Funding 

Trustworthy lawsuit loan companies offer non-recourse funding,” which means that you won’t be required to pay back money if you lose your case. If a pre-settlement loan company tells you that you will need to repay the money if you don’t win your case, you should be wary. They could be trying to take advantage of you. 

Things To Watch Out For 

Here are some red flags to look out for when choosing a lawsuit loan company. 

Guaranteed approval – There’s no such thing as guaranteed pre-settlement lending. It is the case that counts. Reputable lawsuit loan companies examine each case carefully before making a decision. So, if you are offered guaranteed approval, be cautious. It could be a scam. 

No attorney needed – Legitimate lawsuit loan companies require that you be working with an attorney before you apply. Avoid any lawsuit pre-settlement lender that tells you that you can get a lawsuit loan without a lawyer. 

Offers a loan with no case – In order to get pre-settlement lending, you must have a case currently in court. The loan amount is based on your expected settlement. Therefore, you can’t get funding if you don’t have an active case. Any company that says that you can get funding without a case is likely operating some kind of scam. 

The Bottom Line

BEST PRE SETTLEMENT LOANS
GET BEST PRE SETTLEMENT LOANS

When you’re waiting for money from a personal injury or some different type of lawsuit, a Lawsuit Cash Advance Loan can provide you with the cash that you need to cover your bills and other expenses. But, you must do your homework to ensure that you are dealing with an honest company. 

At Lawsuit Cash Today we have helped many people get pre-settlement cash quickly. Check out our many reviews or CONTACT US to Get The Best Lawsuit Loan Company for your settlement funds.

Here are some additional resources:   ATTORNEY LOAN or LAW FIRM FUNDING   –  Law Firm Loans On Open or Closed   Cases  – Auto Accident Lawsuit Loans – Here Are The Benefits – Clergy Sex Abuse Lawsuit Loans – Whistleblower Lawsuit Funding – California Lawsuit Loans – A Complete Guide – Pre-Settlement Loan – Drug & Pharma Accidents

Clergy Sex Abuse Lawsuit Loans

CLERGY SEX ABUSE LAWSUIT LOANS

In December 2019, the US saw a staggering 5,000 new cases of clergy sex abuse cases. According to reports, these lawsuits would have an estimated payout of over $4 billion. – There is a need for Clergy Sex Abuse Lawsuit Loans
STOP CLERGY SEX ABUSE
STOP CLERGY SEXUAL ABUSE NOW
Even before this, however, the Catholic Church has already spent billions in lawsuits. Some experts estimate that pre-2019 litigations have cost the Church $4 billion. With the new cases, that would bring their legal costs to at least $8 billion. With that said, if you’ve experienced such a horrifying crime yourself, it may be time to bring it to light. You’re not alone, as evidenced by the fact that the church now faces thousands of lawsuits. To that end, we’ve created this in-depth guide on what you should do if you have such a claim yourself. Read on to know who to reach out to and how clergy sex abuse lawsuit loans from Lawsuit Cash Today can help.

A Quick History of Clergy Sex Abuse Cases in the US

In the US, the first reports of clergy sex abuse came out in the mid-1980s. The first case involved Father Gilbert Gauthe and a 10-year-old boy. According to the victim, the priest sexually assaulted him. From there, thousands of other people followed suit. By 2004, there were already at least 3,000 civil actions filed against priests. By 2012, more than 16,000 people already made credible allegations of clergy sex abuse. According to the plaintiffs, the priests molested them when they were children. 16,000 is already a shocking number. However, as sensitive as the nature of these crimes are, it’s more than likely that there are more victims. Indeed, a 1993 study suggested that there were at least 100,000 victims of clergy sex abuse in the US alone.

Changes to Statutes of Limitations

Since 2018, some states have changed their statute of limitations on clergy sex abuse. Some have suspended these deadlines, while others have lengthened the window.
clergy pre settlement loans
ARREST ALL CLERGY CRIMINALS
For example, D.C. and eight other states, like CA, NJ, and NY, have enforced “lookback windows.” These allow their residents to sue the clergymen regardless of when the abuse took place. Seven other states, including AL, CT, and RI, have extended the statute of limitations. This means that victims have a longer period for when they can file a lawsuit against their abuser. With these changes in place, more lawsuits are sure to arise in the following months and years. As such, if you’re a victim yourself, it’s best to seek an attorney as soon as possible. This way, the lawyer can help you obtain justice over the terrible crime done against you.

The Components of Clergy Sex Abuse

Clergy sex abuse can take the form of sexual harassment committed by a member of the church. The offender can be a priest, a pastor, a nun, a rabbi, or an imam. The act itself can be any kind of non-consensual sexual behavior or contact. On that note, clergy sex abuse ca
ARRESTING CLERGY PREDATORS
A young girl who is a victim of clergy sexual violence hides and cries in a corner of her house
n be any unwanted intimate touching or groping. It may also involve rape, attempted rape, or any non-consensual penetration. Any form of coercion into engaging in non-consensual sex is also a type of abuse. This can be physical, emotional, or psychological coercion. Many clergy sex abuse victims have reported having experienced intimidation, threats, or manipulation. If you or a loved one has experienced any of these, you may have a valid clergy sex abuse case.

What Clergy Sexual Abuse Victims Can Do

Victims of sexual abuse are 70% likely to suffer from psychological injuries. The trauma can put them at risk of developing major depressive disorders. They’re also at risk of having phobic disorders and anxiety disorders. With that said, if you or a loved one has experienced sexual abuse, please know that you aren’t alone. However, one of the first things you can do is to ensure that you are in a safe environment. If you feel that your life is in danger, please don’t hesitate to contact 911 or the police. You can also reach out to the National Sexual Assault Hotline. They can help you get in touch with a sexual assault support provider. These experts will listen to everything you have to say and also give you advice. You can also rely on them to assist you in exploring your legal options. If you’d like to obtain a rape kit, you can get one from a medical facility. There’s a country-wide protocol that allows for sexual assault medical forensic examinations. The time varies from state to state, but victims have between 72 to 168 hours to use a rape kit. The kit can serve as proof or evidence when you file a lawsuit against the perpetrator.

Taking Your Case to Court

As soon as you feel you can, please consider speaking with a sexual abuse attorney. These legal professionals can help you or your loved one build a strong case against the abuser. They can also provide support services as well as mental or psychological resources. An attorney can also help ensure that you receive adequate compensation. Granted, no amount of money may equate to your pain and suffering. However, you can use what you recover to help pay for the treatment you need. Moreover, bringing your case to light can help prevent more instances of future abuse. It may also help encourage other victims to come out and reveal what they’ve experienced. In this way, they may also obtain compensation for their pain and suffering.

How Clergy Sex Abuse Pre-Settlement Loans Can Help

Lawsuit Cash Today is an advocate of victims of Catholic Church sexual abuse cases. We also specialize in extending funding sources to victims of any other type of clergy sex abuse. If you have sued a religious entity, we can provide you earlier access to your settlement. Our litigation funding programs enable victims to get a cash advance on a settlement. This means that you don’t have to wait to receive the actual settlement check. So long as you have a valid case and an attorney, you may qualify for our lawsuit loans. The cash advance that you’ll receive from Lawsuit Cash Today is non-recourse. This means that you won’t be liable to pay us back if you don’t receive any kind of payout. Rest assured that we won’t pursue you for any kind of repayment so long as you don’t receive a settlement. If you qualify for litigation funds, we can send you the money in as little as 24 to 48 hours. You can then use the cash to pay for your medical treatments or psychological therapies. You can use it however else you see fit, be it for groceries, mortgage, rent, or utilities. Our lawsuit loans are also available to victims of sex discrimination. If you’ve suffered from harassment at the workplace, we can help out too. We provide lawsuit funding for almost all forms of personal injury cases.

Requirements of Lawsuit Loans for Clergy Sex Abuse Cases

We understand how traumatic sexual abuse cases are. Therefore, we make our litigation funding requirements as feasible as possible. We only require a few things from applicants:
  • An ongoing clergy sex abuse lawsuit
  • Representation from a personal injury attorney
  • Completely filled-out 30-second online application form
If you meet these three requirements, then you’re likely qualified for a lawsuit loan. Once we receive your application form, we will get in touch with you right away. Please leave your lines open so that we can speak about your case in more detail. Once we’ve validated your case, we’ll then request for documentation from your lawyer. In this way, we can conduct
SEX OFFENDER GOING TO JAIL
SEX OFFENDER GOING TO JAIL
a more thorough but still free evaluation of your case. After this, we’ll send all your paperwork to our underwriting department. Within 24 to 48 hours, we will notify you of the clergy sex abuse pre-settlement loan amount we can advance to you. If you agree, our team will draw up a funding contract that you and your attorney must sign. You just then have to send the signed documents back to us. After receiving the signed paperwork, we can have your funds ready within the same day or the next. In case you haven’t hired a lawyer yet, Lawsuit Cash Today can also help you choose one. Our organization, after all, has been working with plaintiffs and law firms for many years now. As such, we have a network of trustworthy and experienced personal injury attorneys.

Don’t Let Sexual Abusers Escape Accountability

Clergy sex abuse cases are among the most underreported crimes, considering who’s involved. However, as a victim, it’s your every right to see your abusers pay for their sins and horrendous acts. As such, it would be best to speak to a lawyer if you or a loved one has suffered at the hands of abusive clergymen. If you’d like to speak to an attorney or would like to know more about litigation funding, please get in touch with us. Our team here at Lawsuit Cash Today is open seven days a week to listen to and help out sex abuse victims.

California Lawsuit Cash Advances

California Lawsuit Cash Advances

California Lawsuit Cash Advances – Every year, Americans file more than seven million civil lawsuits. The median award across all types of cases for plaintiffs who win is around $30,000. Some types of cases, such as employment discrimination and medical malpractice, regularly end with awards worth hundreds of thousands of dollars.

Winning a civil lawsuit, however, can take months or even years. During that time, plaintiffs often struggle with medical bills and the daily costs of living. That’s where California Lawsuit Loans come in.

Keep reading now to learn how pre settlement loans in California work and how you can benefit from applying for one.

California Lawsuit Loans 101

In the 1990s, courts started to grant plaintiffs in civil cases much higher awards. These awards were often comprised of a combination of compensatory damages and punitive damages. These awards were designed both to force positive change within corporate structures and to help plaintiffs recover from the harm they suffered.

Unfortunately, the wheels of justice turned too slowly for many plaintiffs. While waiting for their cases to be heard and resolved, plaintiffs struggled with:

  • Paying their mortgages or rent
  • Keeping food on the table
  • Paying medical bills associated with injuries or illnesses

These stressors often pressured plaintiffs into settling for less money than they deserved simply because they needed funds right away. In other cases, plaintiffs had racked up so much debt and interest that when they received the award they barely broke even.

Financial services companies invented, California lawsuit cash advances to meet the needs of these plaintiffs.

How Lawsuit Loans in California Work?  –    APPLY NOW? CLICK HERE

Put simply, lawsuit loans are cash advances that financial services companies make with plaintiffs. They are simple to apply for, receive, and payback.

First, if you have not already, you will need to secure a lawyer and formally file your case with the court. This is important because service companies cannot process your request for a loan until they can verify your case.

If your case is already established, you can apply for a lawsuit cash advance right away. To complete the application, you will need:

  • Your full legal name
  • Current contact information
  • The name and contact information of your lawyer
  • The state in which your case has been filed
  • The type of lawsuit you have filed (e.g. personal injury or medical malpractice)
  • How much your lawyer requests on your behalf in damages

Once the financial service company receives your application, their legal team will review your case. If everything is in order, the financial service company will use its internal calculation process to determine how much it can advance you. You may qualify for an advance on the total amount you are requesting or only a portion of that total.

When they approve you, the financial service company will provide you with a copy of the loan agreement. You can review this agreement with your attorney to make sure you fully understand the terms.

Once you sign and return the agreement, the financial services company will deliver your funds to the bank account of your choice almost immediately. The money is yours to spend at your discretion. The entire process is quick and efficient.

Paying Back A CALIFORNIA LAWSUIT CASH ADVANCE

When you win your case, the money you received from your cash advance and the interest on the loan will be immediately repaid to the financial services company. Any remaining funds will go to you.

For example, imagine that you are suing a former employer for discrimination. You expect to receive $100,000. To cover your expenses in the meantime, you apply for and receive a $50,000 lawsuit cash advance in California with a ten percent interest rate.

When you are awarded your $100,000 in damages, $55,000 will go to the lender to pay off your loan and interest. The remaining $45,000 of your award will go to you.

Who Can Apply for California Pre Settlement Loans?

In California, pre-settlement loans are available to plaintiffs in qualifying civil cases. These include:

  • Personal injury cases, including slip-and-fall situations
  • Medical malpractice cases
  • Employment discrimination and wrongful termination cases
  • Motor vehicle accident cases

The only types of civil cases in which plaintiffs are legally barred from getting cash advance settlement loans are workers compensation cases.

Pre-settlement loans do not apply to criminal cases and are not available to anyone who has not retained a lawyer and formally filed their case with the court system.

Why Might You Want to Apply for California Lawsuit Cash Advances?

The primary reason that plaintiffs apply for lawsuit loans in California is that they cannot wait for their settlements to be determined and paid out. Civil cases can take months or even years to wind their way through the court system.

In many cases, the plaintiff is left facing a pile of bills in the meantime.

  • Personal injury case victims may face steep medical bills
  • Car accident victims may need to replace their vehicles to keep working
  • Injured or discriminated-against plaintiffs may be unable to work, leaving them without income

Whatever the specifics of the case, plaintiffs need funds to continue paying for the necessities of life. This can include:

  • Mortgage or rent
  • Food and clothing
  • Utilities
  • Medical care
  • Paying back student loans and other financial commitments

Trying to pay for these things out of personal savings while waiting for a settlement to come through can:

  • Deplete personal savings, leaving families vulnerable
  • Cost plaintiffs valuable interest and growth in their investment products and retirement funds
  • Lead to overuse of credit and hefty interest charges
  • Create unnecessary stress and strain on plaintiffs and their families
  • Result in the loss of homes, vehicles, and other assets

Pre-settlement loans provide a ready supply of cash that plaintiffs can use to pay for the things they need while their case works its way through the system. These loans require no cash or collateral on the part of the borrower, and they enable plaintiffs to hold out for the whole amount due to them by the defendant.

Why Civil Cases in California Can Take So Long

Civil cases in California work under the pure comparative negligence” rule. This means that by law fault can be shared by both a plaintiff and a defendant.

If the fault is shared, the costs must be as well. Thus, plaintiffs can only apply to receive damages to the degree that the defendant is at fault.

For example, imagine that you are in a car accident. The total costs of your vehicle damage, personal injuries, and lost wages are $150,000.

  • If the other party is solely at fault, you can sue for $150,000 in damages
  • If you are solely at fault, you are not eligible to receive any damages and may have to pay the other party
  • If you and the other party are equally at fault (50/50), can you receive damages of up to $75,000

Fault can be split to any degree. For instance, the court may find you 20 percent responsible. In that case, you would be eligible to sue for and receive only 80 percent of the total costs incurred.

To maximize the amount of money you are eligible to request, your lawyer will go to great lengths to show that you are not in any way at fault. At the same time, the defendant will work equally hard to find a way to prove that you are at fault to some degree. This makes cases in California slow to go to trial and to work their way through the court system.

California Pre Settlement Loans Are a Low-Risk Solution

One of the key questions that plaintiffs have when it comes to lawsuit loans is “what happens if I lose my case?” This is an understandable fear but pre-settlement loans are “non-recourse.”

This means that, by law, if you lose your case you do not have to repay your loan. You pay only if you win your case or choose to settle out of court. These terms protect vulnerable plaintiffs from accumulating debts they cannot pay.

Moreover, all of the terms of the loan are provided to plaintiffs to review with their attorneys before signing. This ensures that plaintiffs have assistance in reviewing the terms and understanding the whole of their situation.

As a result, California pre settlement loans are entirely safe. They provide a low-risk infusion of cash when plaintiffs need it most, and deliver peace of mind and control throughout the lawsuit process.

Learn More

California lawsuit loans can protect you and give you peace of mind during your court battle for the compensation you deserve. Contact us today for more information or to apply for the loan you need right now.

To Fill Out Our 30 Second Application, PleaseCLICK HERE

Additional Resources:

Why You May Need Lawsuit Funding

Lawsuit Funding – Why It Can Help

Best Lawsuit Loan Companies

Auto Accident Lawsuit Loans – Here Are The Benefits

Law Firm Loans On Open or Closed Cases

Whistleblower Lawsuit Cash Advances

Medical Malpractice Lawsuit Loans

New York Lawsuit Loans

Florida Lawsuit Loans

 

Cash Advance Pre Settlement Funding – A Complete Guide

Cash Advance Pre Settlement Funding

Cash Advance,Pre Settlement Funding – Did you know that 80% to 92% of all civil cases settle before going to trial? The

CASH ADVANCE PRE SETTLEMENT FUNDING
CASH ADVANCE PRE SETTLEMENT FUNDING

number is high because settling a case without a trial is beneficial for both parties.

If you are a plaintiff in a personal injury lawsuit, your lawyer might also suggest settling. While settling helps you end the case faster, it still takes time to work through it.

One challenge people in your position face are getting by financially while waiting on a substantial settlement. If this is where you are right now, you could consider pursuing a cash advance settlement.

If you don’t know a lot about how cash advances work with lawsuit settlements, continue reading this guide to learn everything you need to know about this subject.

Understand the Purpose of a Cash Advance Pre Settlement Funding

When you’re involved in a personal injury lawsuit, you will have to wait to receive your lawsuit compensation. Personal injury cases take months at a minimum, but some may take years.

A lot of people who are waiting for settlements are experiencing financial hardships during this time. They may have injuries that prevent them from working, and they may have bills from the incident.

Living like this is hard, and it can cause a lot of emotional stress and trauma. Fortunately, there is a solution. Turning to a cash advance lawsuit settlement provides the ideal solution for you during this hardship.

The purpose of a cash advance settlement is to provide you with money to use while you wait for your check from the case. A cash advance of this nature is not really a loan, and you will not have to pay it back.

Instead, it is called a non-recourse loan. The lenders that issue these cash advances invest in the lawsuits, not in the plaintiffs. With a non-recourse loan, you get money up front but do not have to repay it.

The lender that provides you with a cash advance takes on the risks that you will not collect a settlement. If this occurs, the lender loses money, but you don’t.

Learn the Qualifications for Getting One

Most plaintiffs in personal injury cases will have no trouble qualifying for settlement loans, but there are some qualifications you must meet. Here are a few:

You Must Have an Attorney and a Valid Case

The primary requirement for a cash advance settlement is that you must have a case and an attorney. If you are representing yourself in your case, you will not qualify. If you have not filed a lawsuit yet, you also will not be eligible.

You Must Be Expecting a Settlement

The validity and facts of the case you are in also matter. You must have proof that the defendant, in the case, carries the burden of guilt and liability.

In other words, there must be strong evidence that proves you are a victim in the incident and that the court will award you financial compensation for the damages you experienced.

You Need the Money

The other essential factor to consider is how badly you need the money. If you have a significant amount of money in your bank account, you probably do not need an advance.

On the other hand, you may need this advance if you are scraping to get by.

Your attorney can help you understand these qualifications and others, and you can also learn more by contacting a company that offers cash advance loans.

Ask About the Benefits of Cash Advance Pre Settlement Funding

Understanding the requirements is essential if you are considering applying for a loan, but learning the benefits of settlement funding is also crucial. Here are some of the primary benefits you can experience by choosing to take a cash advance:

You Can Live More Comfortably 

If you’re currently struggling to get by while you wait for your settlement, you can struggle no longer with a cash advance. You’ll receive a check from the lender, and you can use the proceeds any way you wish.

You will no longer have to worry about how you’ll pay your bills, and you can live a more comfortable life during this time.

You Can Protect Your Credit with a Cash Advance Pre Settlement Funding

Some people choose cash advance settlements to protect their credit. If you have bills piling up that you cannot pay, your credit may end up suffering. If you want to avoid damaging your credit, get money now.

You can use the funds to pay all your bills. As a result, you will protect your credit.

You Can Hold Out Longer in Your Case and wait for a Larger Settlement

One significant benefit to consider is that getting cash now helps you hold out longer before settling your case. The result of this is that you can have more time to fight for a larger settlement.

Many people settle too quickly simply because they desperately need the money. The downside to a quick settlement is that you may lose the money you could have received if you had waited a little longer.

You Can Get the Money Quickly

Finally, this option offers a fast solution to your problems. You will likely receive the cash within a few weeks of applying for the loan. There is no other method that provides cash this quickly for a lawsuit settlement advance.

As you can see, you’ll reap a lot of outstanding benefits by getting a cash advance settlement for your lawsuit.

How You Can Get One

Now that you understand what cash advance settlements are, would you like to learn how to get one?

You can get one by contacting us. We offer cash advance settlements and can provide you with an approval in just 30 seconds. Would you like to get an offer for your lawsuit?

Call us to learn how, or visit our website to fill out a form to inquire about the amount you can get through a cash advance lawsuit settlement.

Additional Resources:  California Pre Settlement Funding  –  Lawsuit Funding – Why It Can Help  –  Best Lawsuit Loan Companies  –   ATTORNEY LOAN or LAW FIRM FUNDING   –  Law Firm Loans On Open or Closed Cases  –  Auto Accident Lawsuit Loans – Here Are The Benefits  –  Wrongful Termination Lawsuit Loans  –  Whistleblower Lawsuit Loans

Uber Accident Lawsuit Loans – A Complete Guide

In the US alone, more than 3.1 million Uber trips occurred each day from 2017 to 2018. That tallies to a whopping 2.3 billion hailed rides for that entire period.

There’s no doubt that Uber and other ride-sharing services made transportation more convenient. However, there’s also no question that they contribute to increased road accidents. Indeed, researchers say that they led to 2% to 3% more motor vehicle fatalities and fatal crashes.

If you or someone you know has been in such a situation, you may qualify for Uber accident lawsuit loans. These are like loans on your car accident settlement that you can get even before you receive the payout.

In this post, we’ll provide you all the key details about Uber accidents and the lawsuits tied to them. Read on to learn about them and how Uber accident pre settlement loans from Lawsuit Cash Today can help.

Prevalence of Uber Accidents in the US

In December 2019, Uber rolled out its first-ever safety report, covering the years 2017 to 2018. In it, the company said 97 fatal crashes took place during Uber trips within the said period. These accidents led to a staggering 107 total fatalities.

Here’s what’s concerning, though: the report didn’t mention anything about non-fatal accidents. It only shared info about crashes that led to fatalities.

While the report is informative, it appears to be a “downsized” version of Uber accidents. Moreover, the company also pointed out how, every year, over 36,000 fatal car accident cases take place in the US. In this way, the ridesharing app makes it seem that 97 fatal crashes within two years are tiny figures.

It’s not because when you take an Uber trip, you expect to get to your destination safe, sound, and in one piece. It’s much like how a patient expects a doctor to follow a strict standard of care. Otherwise, a medical malpractice case can occur.

Medical malpractice is like an Uber accident in that the latter is also a form of negligence. If the Uber driver caused a road crash and you got injured, it’s your every right to receive compensation. You need to work with an attorney to get your case filed so you can get a fair settlement.

Not All Uber-Related Incidents Are Crashes

Uber Accident Lawsuit Loans

As if the high number of road accidents isn’t enough, there are also sexual assault cases tied to Uber. The safety report it issued revealed that there were 3,045 sexual assaults during its trips in 2018. The company also said that there were nine people murdered in 2018 while on an Uber trip.

Now, keep in mind that these figures came from the company’s reporting platform. Moreover, many cases of sexual harassment and assaults often don’t get reported. As such, the actual numbers may be much higher than what Uber divulged.

What to Do After An Uber-Related Accident

After an Uber incident, you should get in touch with a personal injury attorney as soon as possible. This is crucial as Uber’s liability insurance is only secondary. Meaning, Uber’s insurer would wait for the driver’s insurer to pay first.

The thing is, Uber’s drivers are “freelancers,” according to Federal law. Because of this, the drivers themselves may only carry personal auto insurance coverage. In this case, it could be hard to get their insurer to pay since Uber is a form of commercial activity.

If the Uber driver only has a personal auto policy, you’ll have a hard time getting compensation. In case their insurer doesn’t want to pay, then Uber’s insurance coverage must come into play. Unfortunately, the ride-hailing service is quite infamous for denying insurance claims.

Uber, after all, faces hundreds of claims and lawsuits, at least 433 in 2017 alone. It already paid millions of dollars for dozens of other cases. In 2019, for instance, it paid a $20 million settlement for its driver classification case.

As you can see, calling a personal injury attorney is of utmost importance after an Uber accident. This way, you can raise your chances of getting the ride-hailing service to pay. If you go at it alone, the company and its insurers are likely to make life harder for you.

Where Uber Accident Lawsuit Loans Come Into Play

Uber Accident Lawsuit Loans

Uber accident lawsuit loans are also often called “Uber accident pre-settlement loans. They’re a type of legal funding for active lawsuits against the ridesharing service. However, they’re more of a “cash advance”, as they don’t work like usual loans that you must repay in any situation.

With that said, an Uber accident cash advance program is like a bank withdrawal. In this case, you can say that the “bank account” is your pending lawsuit settlement. You then get a monetary “advance” for a portion of the money you expect from the settlement.

Speaking of which, litigation funds are also available for other ride-hailing service lawsuits. There’s Lyft, for instance, which studies also tie to the rise in motor vehicle crashes. If you or a loved one were in a Lyft accident, you might be able to qualify for litigation funding too.

How Uber Accident Legal Funding Differs From a Traditional Loan

Traditional loans and Uber accident lawsuit loans are legally binding contracts. However, there is no “getting out” with the former, unless perhaps you file for bankruptcy. With a bank loan, for instance, you are responsible for paying the capital back, plus interest and other fees.

By contrast, you may not have to pay back a cash advance or “loan” on your Uber accident lawsuit. That’s because these litigation funding services are “non-recourse.” This means that if you don’t win the case, then you don’t have to repay the cash advance.

Paying back non-recourse loans depend on whether you receive compensation or not. If you don’t receive that check from Uber, the cash advance provider may not pursue you for repayment. The lender, after all, assumes all the risks associated with the Uber accident lawsuit.

How Uber Accident Pre Settlement Loans Can Help You

Uber Accident Lawsuit Loans

Your Uber accident settlement is your money, so you should be able to use it as you desire. However, it can take weeks or even months or years for the ride-sharing company to settle. So, you may have to wait for a long time before you can use that compensation you deserve.

The thing is, your needs for food, water, shelter, gas, and other things won’t wait. What’s more, if you got into a serious Uber accident, then you likely need medical attention. So, you’d need money to pay for your hospital bills and prescription medications.

This is what pre-settlement funding for Uber accidents aim to help you resolve. With a cash advance or loan on your lawsuit, you can “withdraw” from that pending settlement ASAP. In many cases, you can even receive the funds within as little as 24 to 48 hours.

Once you have the money, you can then buy food, pay for bills, and restock your medications. You can use the cash advance in any way you see fit, even for your therapies and treatment.

What You Need to Qualify for Rideshare Accident Lawsuit Loans

Keep in mind that litigation funding requires lenders to take on considerable risk. After all, if the plaintiffs (the victims) don’t win the case, then lenders won’t get their money back. The only time they can recover what they lent is if the borrower wins the case and receives the settlement.

As such, the most important qualification for a Lyft or an Uber accident lawsuit loan, is to have a current case. Meaning, the borrower should already have sued the parties involved. In addition, a personal injury attorney must represent the plaintiff.

These are requirements because they help ease some of the burden of risk that lenders take on. The presence of an attorney justifies that a case has merit. Legal representation also increases the success rate of a lawsuit and a settlement.

If you meet all these, then you’re likely to qualify for an Uber accident lawsuit loan. Speak to your attorney about taking out a pre-settlement loan on your Uber case. Your legal aid will explain the terms and conditions of the cash advance.

From here, all you need to do is to complete the online lawsuit loan application. If you apply with us here at Lawsuit Cash Today, you can expect us to work on your application right away. We will review your case and let you know if you are eligible immediately.

If you are, then with your consent, we can send you the funds within 24 to 48 hours.

Don’t Let Uber or Lyft Make You Wait for Compensation

There you have it, your ultimate guide to Uber accident lawsuit loans. As you can see, they can be beneficial, especially since settlement can take a long time. So, if you haven’t talked to an attorney yet, you may want to do that now so that you can file a lawsuit ASAP.

Once you have an ongoing case against the ridesharing app, you can already apply for a cash advance. Get in touch with our team here at Lawsuit Cash Today so we can start processing your lawsuit loan.