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Lawsuit Funding – Why It Can Help

Lawsuit Funding – How It Can Help

Everyday things happen that you may not have any control over. It is not surprising because that is only natural. Accidents in

                   Lawsuit Funding Loans

Particular cause lots of confusion, especially because they happen when you least expect. Ordinarily, the next thing that follows is a legal tussle as you try to recover  compensation for your injury. This can turn out into a protracted battle, especially if you cannot continue to work. At this time, a reliable source of lawsuit funding like cash advances offered by Lawsuit Cash Today should come to mind.

This however should not dampen your resolve to fight for what is yours. Lawsuit funding or legal funding, can make the entire situation very different. After considerable deliberations and pondering over the plights of many victims of different circumstances, organizations have come up to help the victims to fight for their rights by providing money from a lawsuit advance. The reasoning behind this move is that it is sensible to help the victim and recover their expenses from the compensation they receive upon conclusion of the litigation

Many personal injury victims worry about keeping your bills current, especially in situations where they are not certain to win their personal injury case. Factually speaking, any matter that goes before a court could have two outcomes. The court could rule for or against you. If you already have financial problems, a ruling against you will only make matters worse. With lawsuit money or lawsuit advance funding from a reliable organization like Lawsuit Cash Today, you do not have to worry about the bills if you lose. This is because there is always an undertaking that the client will not pay anything if they lose their case. This is popularly known as the no-win-no-pay situation. (or a non-recourse lawsuit cash advance)

Lawsuit Cash Today Gives You Peace of Mind During Difficulties

When bad incidents occur, your life tends to take a new twist and many things become difficult. Take the case of work related accidents, injury at work,automobile accidents or even ordinary pedestrian road accidents, the victim is physically affected and in most cases incapacitated permanently or at least temporarily. Juggling between the visits to a medical facility for attention and the courthouse is often a daunting task. Even in situations where you might make it to the courthouse, your financial status is likely to hinder your progress. That is why you might have to look for lawsuit loans to help you get along through the matter.

The organizations that offer lawsuit funding are aware of these difficulties and that is why they try to make matters as simple for you as they possibly can. If you apply to Lawsuit Cash Today you only have submit a short application and explain your situation to get your case reviewed for litigation financing. The able lawyers at the organization will gather all the facts about your case and analyze your chances. They do at their cost understanding fairly well that you cannot afford any money to pay for such expenses at the moment.

Other things that trouble many victims in these kinds of situations is the duration it takes some lawsuit funding organizations to reach a decision on whether to give lawsuit advance funding. A reliable firm like Lawsuit Cash Today provides the lawsuit cash in a very short time ( 24 hour cash in certain situations) so that there is an end the anxiety that such a situation brings to the victim. 

It is no secret that many victims find it difficult to manage their lives after an incident. If you end up disabled from your personal injury case, you might suffer permanent loss of income. Everyone understands that some of these cases may drag along in court for a long time. Perhaps you might be wondering just how you will make ends meet during such periods. With the best lawsuit funding, you can get a lawsuit cash advance within a few days and that should keep you going for some time. This will give you the peace of mind needed to concentrate on other important aspects of your life while you get some advance money from your lawsuit.

What Happens When Workers Compensation Is Too Long In Coming, can We help?

When you file for workman compensation, like from a construction accident  or other workplace accidents it is very unlikely that you get your check in a week or even a few days. Assuming you have financial obligations to meet, the situation could easily get out of hand if there is no immediate intervention. It is out of this realization that a good lawsuit funding company ensures the victim can get a lawsuit cash advance to keep them afloat as they await the big check. 

Without taking such measures, it is sad to note that some victims may not withstand the pressure that comes with such situations. If the victim succumbs due to inability to manage until the matter concludes in court, the entire essence of insurance loses meaning. It is this outlook that forces lawsuit funding companies like Lawsuit Cash Today to undertake the role of financially supporting the victim during and until the end of the litigation.

Additional Resources:    Wrongful Termination Lawsuit Loans  –  Best Lawsuit Loan Companies  –  ATTORNEY LOAN or LAW FIRM FUNDING   –  Auto Accident Lawsuit Loans – Here Are The Benefits  –  Clergy Sex Abuse Lawsuit Loans  –  California Lawsuit Loans – A Complete Guide  –  Nursing Home Negligence and Abuse Lawsuit Funding  –  Truck Accident Lawsuit Loans

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 

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    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

Auto Accident Lawsuit Loans – Here Are The Benefits

Auto Accident Lawsuit Loans

Auto Accident Lawsuit Loans – Have you recently been involved in an auto accident that has left you with injuries through no fault of your own? If you and your attorney are in the process of working through your personal injury case and you need money, you may want to consider our lawsuit loans. A lawsuit loan allows you the flexibility to borrow against the settlement that you expect to receive in the future..

If you are looking for more information on the process of obtaining a lawsuit loan, then this article was curated just for you. We will briefly go over lawsuit loans and who you can contact to start the process today.

Pre Settlement Lawsuit Loans Qualifications

Not all cases will qualify for lawsuit loans due to the nature of each case. Lenders want to make sure that you and your lawyer are confident that the case will go in your favor. When you apply for case litigation funding, the lender will first want to reach out to your car accident lawyer to gather the information they need to decide if you qualify for the loan.

This process will take some time, and it requires cooperation from your auto accident lawyer. You will need to be the liaison between the lender and your attorney to make sure the lender receives all the documentation they need.

Best Lawsuit Loan Lenders for Auto Accident Lawsuit Loans

It is best to shop around when you are looking for the best auto accident loans for your case. Once you have found the lender you want to work with, there are a few questions that you should ask them before you start the process.

Questions you should ask your lender:

  • What are your interest rates?
  • Are there any application fees?
  • How often is the interest compounded?

It is important to note that interest rates are also called “funding fees.” If you see funding fees on your paperwork, keep in mind that it is the same as the interest rate. It is extremely important that you ask your lender how often the interest is compounded.

Some lenders compound monthly, and others do it more often, leaving you with a higher bill at the end of your case. When reviewing your contract before signing, make sure that you will not pay more than your settlement amount.

Keep in mind that applying for a loan or requesting more information about the terms and conditions of a loan does not obligate you to make any commitments. If you find that the lender you want to work with is dragging their feet or is dodging your questions and concerns, it may be time to move on to a different lender.

Car Accident Lawsuit Loans Regulations

Lawsuit loans do not have any state or federal regulations like the loans from credit unions or storefront finance companies have. There are restrictions on how much lawsuit loan companies charge for their services. They also have specific requirements for how they calculate interest rates and other terms and conditions. Ensure to do your research to make sure you do not fall victim to predatory lending.

Alternative Auto Crash Loans Options

If you are able to hold off on obtaining lawsuit loans, it may be in your best interest in the long run. You may want to look into receiving funding from friends or family if they are a viable option. There are other resources such as disability payments or insurance proceeds that may work best for you.

If you have a great relationship with your credit union or other neighborhood banks, you can also try to reach out to them for a loan. These options may save you paying less money over time instead of obtaining a lawsuit loan.

Lawsuit Loans Pros and Cons

Auto accident loans are great for you to obtain while you await the result of your settlement. Although there are many excellent pros for lawsuit loans, it is always important to consider the cons as well.

Lawsuit Loan Pros

If you lose your personal injury case, you do not have to pay back your loan. Even the most promising personal injury case can result not in your favor due to a final verdict reached by the jury or the judge. Lawsuit loan lenders will not punish you for losing your case our loans are no risk. If you lose your case you owe nothing.

Bad Credit Scores Are Ok and There is No Credit Check

Most lenders look into your credit history before extending a loan, but not lawsuit loan lenders. Lawsuit loans are not concerned with your credit score.

Accepting What You Deserve

Lawsuits are generally a long and tedious process that leads to many clients looking to settle to get it over with. Most insurance companies like to deploy a tactic of dragging on the settlement to force you into submission.

Giving in to the insurance company leaves you accepting a settlement that could possibly be less than what your attorney can fight for. If you decide to settle on your case just to move on, you may lose out on the money that you deserve.

Peace of Mind

No one likes to worry about paying medical bills or other necessities needed to sustain your day-to-day life. Auto accident loans allow you the peace of mind of knowing that your bills are covered.

There is no need to stress over those bills while you are trying to recover from your car wreck injury. These types of loans also allow you to be put at ease while your auto accident attorney properly litigates your case.

Auto Accident Lawsuit Loans – the Cons

Lawsuit loans tend to have higher than average interest rates. As mentioned earlier, it is crucial to speak with your lender about the interest rates to see if there is any way to lower the percentage calculated for your loan.

Lending Restrictions

Lawsuit lenders will only lend to clients when they know that they have a strong case. In order for lawsuit lenders to receive their money back, you have to win your case.

If you have a case where there is a percentage of fault on your end, you may not be able to receive a lawsuit loan. It is vital to reach out to your attorney about obtaining a lawsuit loan. Your attorney can evaluate your case and advise on the likelihood of your case winning.

Truck Accident Loan

If you suffered injuries due to a truck accident, you too could apply for car accident loans. When dealing with a truck accident case, it can take months, if not years, to come to a settlement agreement. This extensive timeline can significantly affect your household income, especially if you are out of work during this time.

Truck accident lawsuit loans are great alternatives in cases where you have to wait for a verdict. Truck accident cases aren’t as simple as average car accidents.

There are several different party’s involved that your attorney is reaching out to on your behalf to get the best settlement amount for you. It is always best to consult your truck accident attorney to see if your case has a high chance of winning.

How to Use Your Automobile Accident Lawsuit Loans

Regardless of whether you were involved in an accident with another vehicle or a truck, you can utilize your loan for the same reasons. Most clients use their loans to cover any medical expenses or other damages associated with the accident.

Rent Payments

Your injuries may impede your ability to work to pay for your rent or mortgage. There are other utilities and bills that you will need to pay in order to keep your household afloat.

Lawsuit loans are excellent buffers while you wait for the completion of your case. You should not have to worry about losing your home because of your auto accident.

Tuition and School Fees

If you are a college student or pay for someone else’s tuition, you might have to pause making those payments. You can utilize your lawsuit loan to pay for school tuition fees. There is no need to put your education on hold because of the negligence of another driver.

Apply for our Auto Accident Lawsuit Loans Today!

Lawsuit loans have a vast amount of benefits that are sure to keep you afloat while you await the final result of your case. There is no need to put your life on hold because of the negligence of another driver. Auto accidents are notorious for taking months, if not years, to settle, and insurance companies know that you are vulnerable.

Instead of settling for an amount less than you deserve, obtain a lawsuit loan to take care of yourself and your family. If you are interested in learning more about our rates and the options available to you, contact us now. We offer a free, no-obligation quote that only takes 30 seconds to evaluate!

 

To fill out our FREE 30 second application simply – CLICK HERE

Additional resources :   Best Lawsuit Loan Companies  –  ATTORNEY LOAN or LAW FIRM FUNDING   –  Clergy Sex Abuse Lawsuit Loans  –  California Lawsuit Loans – A Complete Guide  –  Attorney Funding is Increasingly Popular  –  Wrongful Termination Lawsuit Loans  –  Uber Accident Lawsuit Loans – A Complete Guide

Lyft Accident Lawsuit Loans – Everything You Need To Know

LYFT ACCIDENT LAWSUIT LOANS

In the US, over a third of consumers (36%) use ride-hailing services like Lyft. That’s the latest figure (2019), representing an increase of 18% compared to 2015’s 15%. – There is a need for Lyft Accident Lawsuit Loans.

Uber is still more popular than Lyft, but the latter’s usage is also on the rise. Indeed, Lyft’s market share of ride-hailing passengers ranges from 29% to 39%.

Unfortunately, this rise in usage has also led to a considerable uptick in Lyft accidents. If you’ve been in one such incident, then know that you may qualify for Lyft accident lawsuit loans.

On that note, we created this guide to help those who’ve been in a Lyft crash know what their legal funding options are. Read on to learn how lawsuit loans for Lyft accident victims can give you a financial reprieve.

A Quick History of Ride-Hailing Accidents in the US

In 2010, there were almost 5.42 million police-reported motor vehicle crashes (MVCs) in the US. These accidents resulted in nearly 2.24 million people sustaining injuries. Worse, they led to the demise of a staggering 32,885 individuals.

Still, according to Government data, MVC deaths in 2010 were the lowest count since 1949.

Then came the arrival of ridesharing companies like Uber and Lyft. Uber came first, launching in San Francisco back in 2010, and then expanding to New York City in 2011. Lyft also started out in SF, but it only did so in 2012.

Since their launch, however, more road crashes and fatalities have occurred in the US. Indeed, since their inception, these two companies have caused a spike of 2% to 3% in fatal MVCs. That’s about 1,100 deadly crashes each year.

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DON’T LET THE INSURANCE COMPANY TAKE ADVANTAGE OF YOU

Recovery for Losses Through Lyft’s Liability Insurance Coverage

Lyft has its own third-party liability coverage capped at $1 million per accident. This one pays for personal injuries or property damages to the passenger. However, this policy is contingent on the driver itself, and when the crash occurred.

Being “contingent” means that the Lyft driver’s own insurance policy kicks in first. Everyone who drives for the company must have enough personal auto coverage. As such, any claims made against a Lyft driver must go through the driver’s own insurer first.

In this case, the Lyft driver’s personal auto insurance is the primary coverage. Only when the driver’s insurer denies the claim will Lyft’s insurer step up. The same goes if the driver’s coverage isn’t enough to cover all damages resulting from the crash.

Unfortunately, a Lyft driver’s insurer has many ways to deny claims. For instance, it won’t pay unless the driver has a ride-sharing endorsement. Another is if the driver doesn’t have the necessary commercial auto insurance policy.

With that said, you have two main avenues of recovery. The first is the Lyft driver’s own personal auto coverage. If they deny the claim, then you can file with Lyft’s business liability insurance carrier.

Rideshare Accident Lawsuit Loans
OUR RIDESHARE ACCIDENT LAWSUIT LOANS ARE SIMPLE INTEREST

What Passengers Should Do After Being in a Lyft Accident

In such instances, you’d potentially deal with four insurance companies. Your own insurer, the Lyft driver’s, Lyft’s, and the insurer of the other driver involved in the crash. All these can be extremely taxing on your part when all you want is to heal and recover from your losses.

Keep in mind that insurance companies can and do deny claims all the time. In the health sector, for instance, there’s a 24% denial rate for claims for chronic illnesses. What makes it worse is that these denied claims are from patients who paid for their coverage.

Things can be much worse in the case of a Lyft accident, as there could be a lot of parties involved. The Lyft driver’s insurer may deny the claim, and the other driver’s insurer may also do the same. Lyft’s insurer could also deny the claim if Lyft drivers were working with their Lyft apps turned off.

As you can see, there are plenty of ways that insurance companies can make your life harder.

Therefore, it’s a wise decision to speak to a personal injury attorney as soon as you can after the accident. A lawyer will take all the confusion out of the claims filing processes. The legal professional will also handle all correspondences with the involved insurance companies.

Most importantly, your attorney will do everything to recover compensation for you. Of course, they’ll make sure that you can recover from every possible avenue. If there’s a possibility of a bigger payout, they may also take your case to court.

What Then Are Lyft Accident Lawsuit Loans?

These lawsuit loans are lawsuit cash advances for Lyft accidents. It’s a type of litigation funding offered to plaintiffs in ride-hailing accident cases. This means that you can apply for one so long as you have a valid and filed case against Lyft (or the Lyft driver).

Lyft accident pre-settlement loans allow plaintiffs to “advance” a portion of their settlement. Let’s say that you’ve filed a claim or sued Lyft and are expecting a $100,000 payment. Litigation funding firms give you access to part of that payment even before you receive it.

The Benefits of Lyft Accident Pre-Settlement Loans

Many cases of car accidents can take months to even a few years to settle. However, keep in mind that you’re dealing with at least three other parties in a Lyft accident. This means that you’re likely to wait even longer to receive the compensation you deserve.

Pre-settlement loans for Lyft accident victims won’t force you to wait that long. If you qualify, you can have the money you need in as little as 24 to 48 hours. The same applies for cash advance loans for Uber lawsuits.

Quick access to funds is only one of the primary benefits of loans for Lyft accident victims, though. Here are a few other reasons that you should consider applying for these programs.

No Settlement, No Loan Repayment

Lyft accident lawsuit loans are non-recourse funding programs. This means that you don’t have to pay back the loan on your lawsuit if you don’t win the case. The lender won’t require you to pay back the cash advance so long as you don’t get anything from the defendants.

High Credit Scores Aren’t Necessary

While referred to as “loans,” Lyft accident settlement loans don’t consider credit scores. Meaning, you don’t need an excellent credit standing to apply and be eligible for one. Litigation funding firms won’t even have to pull your credit report to qualify you.

What pre-settlement lenders require is a valid and meritorious case. They also need borrowers to have legal representation. This means that you need to have an active case filed and handled by an attorney to qualify for the loan.

Remember: lenders take on a lot of risks whenever they issue Lyft accident lawsuit loans. There’s the risk of non-repayment, in case the borrower doesn’t win the case. As such, they also need quality cases with a high chance of winning.

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WE OFFER THE BEST RIDESHARE PRESETTLEMENT LOANS ONLINE

Usual Loan Requirements Don’t Apply

If you’ve ever taken out a bank loan, you know how lengthy the process can be. Numerous requirements, such as proof of income and employment, are a must for such loans. This isn’t the case for pre-settlement loans for a Lyft accident.

Litigation funding firms won’t require you to submit these documents or bank statements. You don’t have to furnish them utility bills or other financial proof banks often require. The most important thing for them is for an attorney to be handling your lawsuit.

Of course, you still need to have a valid bank account. This is where you’ll receive the money from your approved cash advance. Be sure to keep your lines open, too, as the lender will need to get in touch with you after you apply.

Repayment Only When the Lawsuit Settles

Lyft accident lawsuit funding programs don’t come with monthly repayments. You’d most likely only need to pay back the lawyer once throughout the entire duration of the loan. That’s because you only need to pay them back when your case does settle, and you receive the award.

So, you don’t have to worry every month about paying back a cash advance on a Lyft accident settlement. Plus, there’s no pressure on when exactly you have to make the repayment. You only need to do this when you do recover compensation from the defendants.

Don’t Wait for Months to Receive Your Lyft Accident Compensation

As you can see, Lyft accident lawsuit loans can be your saving grace if you’ve been in such an incident. With a lawsuit cash advance, you can tap your settlement way before the court awards it to you. You can then use the money to pay for your accident treatment or restock on your medications.

Whatever you need the money for, you can use your pre-settlement loan to fund it.

If you already have an ongoing Lyft lawsuit handled by an attorney, get in touch with Lawsuit Cash Today. Our team processes applications quickly, so we can send you the funds you need in just 24 to 48 hours.

We also specialize in —          Wrongful Termination Lawsuit Loans      A Complete Guide to California Lawsuit Loans       Clergy Sex Abuse Lawsuit Loans   Cities We Fund In      A Guide To Cash Advance Settlement Loans for a Personal Injury Lawsuit          https://lawsuitcashtoday.com/hit-and-run-accidents-lawsuit-funding/   https://lawsuitcashtoday.com/why-is-it-crucial-to-have-an-attorney/      Law Firm and Attorney 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.