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Why You May Need Lawsuit Funding

Why You May Need Lawsuit Funding

LAWSUIT LOANS
LAWSUIT LOANS

Why You May Need Lawsuit Funding – Everyday things happen that you may not have any control over. It is not surprising because that is only natural. Accidents in 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 afford any loss of income.. At this time, a reliable source of lawsuit funding like 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 as others refers to it, 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 how to maintain their lifestyle.  If you borrow from your family- how you would repay them, 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 a Difficult Time

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 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 to approach the organization and explain your situation to get the 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 ( 48 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 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 meander 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 the advance money from your lawsuit.

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

When you file for workman compensation, like from a construction accident  or other workplace accidents it is less likely 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 organization ensures the victim can get some 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 reality that forces lawsuit funding organizations like Lawsuit Cash Today to undertake the role of financially helping the victim to the end of the litigation.

To fill out our 30 second application, please – CLICK HERE

Additional Resources:  ATTORNEY LOAN or LAW FIRM FUNDING   –  Auto Accident Lawsuit Loans – Here Are The Benefits  –  California Pre Settlement Funding  –  New York Lawsuit Loans  –  Florida Lawsuit Loans  –  Defective Product Lawsuit Loans  –  Whistleblower Lawsuit Loans  –  Wrongful Termination Lawsuit Loans  –  Bus Accident Lawsuit Funding  –  Medical Malpractice Lawsuit Loans  –  Truck Accident Lawsuit Loans

California Pre Settlement Funding

California Pre Settlement Funding

California Pre Settlement Funding – California Pre Settlement Funding Provides Support When Needed the Most

CALIFORNIA PRE SETTLEMENT FUNDING
CALIFORNIA PRE SETTLEMENT FUNDING

There is no way to predict when an accident or injury might occur. There is never an opportune time for a disastrous event to happen bringing hardships with it. The loss of physical function from an automobile accident or fall for an individual or family member is devastating and can cause numerous financial difficulties. Loss of income alone makes it impossible to meet financial obligations at a time when money is badly needed. Filing a lawsuit for compensation may be the only recourse, but lawsuits take time. Even if a cash settlement is extremely likely in the future, it does not help with existing responsibilities. Mortgage payments, utility bills and medical bills keep piling up and must be paid regardless of the circumstances. Reliable California Pre Settlement Funding solutions are available in the interim, between filing a lawsuit and receiving a settlement that can make the waiting less painful.Consider a California Pre Settlement Funding.

Courts are underfunded in some states and as a result, many operate on a limited schedule. Many courtrooms are inundated with a backlog of cases. The cases continue to grow as the number of available courtrooms dwindles. Sometimes it takes months or even several years before a case is heard. When a pending lawsuit is delayed for a long period without a resolution in sight, plaintiffs can find reliable funding solutions in the form of a California pre-settlement Funding.

How Does Litigation Finance Help?

California Pre Settlement Fundings provide reliable financing solutions that address urgent personal needs. Many people with pending lawsuits take advantage of this cash advance process that helps them navigate through a long drawn out legal lawsuit settlement battle. State of California Pre Settlement Advances helps relieve financial pressures by making cash available from your lawsuit. Lawsuit funding companies like Lawsuit Cash Today work with clients who are expecting a full settlement from their lawsuit but not just yet. They furnish them with pre-settlement cash advances in exchange for a lien against the pending lawsuit recovery. These loans are paid back only after you receive a settlement, but if you do not win your case, you do not owe anything.

California Litigation finance is intended to help clients meet their obligations during the time the lawsuit is pending. This mechanism enables you to get advance cash or your lawsuit. Companies who provide this service are investing in the lawsuit and not making a direct loan to the plaintiff in the case. Litigation finance companies carefully screen applicants before making the decision to accept the case. They assume a risk, because the plaintiff does not have to repay the debt if the case is lost.

Whenever a settlement is pending, regardless of the type of situation, you can get cash from your lawsuit if you meet the qualifications. Providers of lawsuit settlement funding advance those who are expecting a cash settlement as a result of a pending lawsuit, verdict or judgment. These California lawsuit cash advance companies require clients to complete an application before making the decision to disperse funds. All relevant information regarding the lawsuit must be disclosed in writing on the initial application.

Many people are confused about exactly what is involved with pre-settlement cash advances. Having a thorough understanding of the litigation funding process eliminates many myths regarding the cash advances. A common misconception is that you are selling your lawsuit to a third party when you accept a payment. This misunderstanding about the process prevents many who are eligible for funding advances from pursuing this course of action. The truth is that you receive a pre-settlement advance against the anticipated lawsuit case. There is no obligation to repay the advance unless you win the lawsuit.

Before any funding company will consider you for a loan, your lawyer must agree and give permission for the advance to take place. If your lawyer has taken your case on contingency, this gives you a much better chance to obtain cash. Litigation financing companies see this as a positive when considering if you have a valid case. These companies only accept strong, serious cases with a likelihood of winning the settlement. Usually attorneys agree with the client when they realize that they need money now and even sometimes recommend this course of action for them.

Almost anyone with a California pending lawsuit can qualify for a cash advance. The primary requirement is being a plaintiff regardless of credit history or citizenship status. Because of the uncertainty of the amount of time involved in receiving a settlement, many plaintiffs decide to take a cash advance against their lawsuit to help prevent other financial troubles that may ensue. Receiving cash for your lawsuit may be necessary to prevent devastating financial problems such as foreclosure or repossession. If the case involves personal injury, medical bills do not stop during the period between filing a lawsuit and receiving a settlement. They must be paid regardless of your current circumstances.

Lawsuit loans differ from traditional loans in that you do not have to make payments regardless of the outcome of the case. Many people resort to using credit cards only to discover that they must make monthly payments or risk increases in interest rates on unpaid balances in addition to non-payment penalties. Pre-settlement advances are recognized as a secured loan with collateral. The collateral is defined as the expected future settlement cash award.

California Litigation finance lenders buy interest in your pending lawsuit. Rather than investing in you as an individual, they are investing only in the presumed outcome of the case, based on the probable amount expected. The amount of money advanced to the plaintiffs is a percentage of the expected final amount of the settlement. That is one reason why the qualifying process is involved. Most lawsuits are accepted only after thorough research is conducted to determine the merit of the pending case.

In the best-case scenario, the case is settled with money being awarded almost immediately, but this is not the way it typically works. When most settlements take place in the real world, funds may take some time to be dispersed. It could be several weeks, months or even years before the money is actually paid. Many people may have exhausted all available funds by this time and be in need of receiving cash just to be able to survive during this period. It is good to know that you can still take advantage of cash advances even after the case reaches a settlement, but before the funds are available.

Life circumstances can change radically when some catastrophic event occurs and you are forced to file a lawsuit to try to get your life back on track as quickly as possible. Even the difficulties involved in filing a lawsuit and waiting for a judgment can be overcome. Pursue all avenues of advance funding and remain optimistic about receiving a significant settlement.

Please contact Lawsuit Cash Today, as your source for easy California legal finance.

Additional Resources:  California Lawsuit Loans – A Complete Guide  –  Lawsuit Funding – Why It Can Help  –  Best Lawsuit Loan Companies  –  Auto Accident Lawsuit Loans – Here Are The Benefits  –  Defective Product Lawsuit Loans  –  Wrongful Termination Lawsuit Loans  –  Attorney Funding is Increasingly Popular  –  Whistleblower Lawsuit Cash Advances

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.

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.