Are you in the midst of a lawsuit? If so, did you know you can get a lawsuit loan in advance of the settlement? Lighthouse Legal provides lawsuit cash advances so that you can have the funds needed to continue a case and pay your bills.
A lawsuit loan is not actually a loan at all, but a financial product that allows individuals to receive funds against their lawsuit judgment. This is not an unsecured loan – the cash advance is backed by the potential settlement award. Once the individual receives a monetary settlement, the money must be repaid. However, if the individual loses the case, the cash advance does not have to be repaid.
There are several types of lawsuits that are eligible to receive lawsuit loans, including civil rights violation cases, personal injury cases, and malpractice cases. Many individuals who need fast cash have been involved in some type of wrongful injury or accident. They are unable to work and pursuing the case because their insurance company or the negligent party has failed to award a satisfactory amount of money. This causes financial hardship until the case is settled. By applying for a lawsuit loan, the individual can pay their living expenses and medical and legal bills while pursuing the case.
Individuals who are interested in obtaining a lawsuit loan simply need to fill out a short application with their name and contact information, and their attorney’s name and contact information. We will fax the necessary forms to the individual and the attorney. Once the forms are filled out and faxed back to us, we will make a determination and award a loan amount. The cash amount given is subject to the potential award amount and can be anywhere between $250 and $100,000.
For more information on our lawsuit loans and to find out what types of lawsuits qualify for a loan, please give us a call. We look forward to working with you!
At Lighthouse Legal, our ability to provide clients with pre-trial settlement funding is often the only thing that actually lets them take home a payment instead of a huge bill. It doesn’t matter if you’ve been clearly injured because of someone else’s actions or products; you never know how long it’s going to take to prove the circumstances and establish who’s at fault in a court of law. We can help make sure that however long it is, your case won’t drain your resources to the point where you have to quit or just soak up the legal fees yourself.
How Our Process Works
We give out special loans that don’t require repayment unless the case wins. That means that they’re essentially free of risk because the money our clients owe us comes out of the settlement checks themselves. In order to determine whether clients are eligible for funding, we evaluate their cases based solely on the evidence.
Our legal teams peruse documents like medical bills, proof of insurance coverage, police reports, and attorney-client retainer agreements to determine two things: we want to know how much the case will cost you so that we can help you get through it without emptying your bank accounts, and we want to know whether or not it’s likely to succeed with a payout. This enables us not only to determine how much money we can supply you, but it also lets us help you assess the merits of continuing with your case.
Remember, not every case can be a winner, and it’s important to know when to fold. Of course, you shouldn’t have to give up on your court case simply because external circumstances like your bills or high attorney fees prevent you from continuing. Our settlement funding programs were designed to ensure that you can keep on fighting for your restitution for as long as it takes to win. Settlement funding can cover medical expenses, provide comforts to ease chronic pain, and, above all, ensure that you continue to enjoy a decent quality of life despite being harmed.
Filing for a personal injury claim will often allow an individual to apply for a settlement loan, which is a perfect way to ensure that all of your bills are paid while you are recovering and cannot work. These loans are different from other types and bring a number of distinct advantages when you have been injured in a car accident or on the job.
If you cannot work due to an injury, you may need some money to cover various expenses until your lawsuit is finalized. Settlement loans are ideal for this purpose, as they allow you to receive money based on the amount that is expected in your case. Unlike other types of loans, our settlement funding is based on your particular pending lawsuit, which allows our team to offer you some of the lowest interest rates on the market.
It is important to see a lawyer immediately after suffering an injury to ensure the best result and a maximum payout. If you wait, people are more likely to question your motives. While you may expect to see a monetary award to help cover your pain, suffering, lost wages, and hospital and doctor bills, you may have to wait several months or even years before receiving any part of your payout, which is where settlement loans can help.
Our settlement loans are paid based on your unique situation and the likelihood of your success. The company will analyze your case and award you cash based on your legal and living expenses. Once you have the money, you can use it to pay for all of your legal expenses and everything from your car payments and mortgage to your groceries and medical equipment, allowing you to have a normal life for the duration of the proceedings.
When and if you win the case, you will be expected to pay back the amount that you owe, but if you should lose, you won’t have to pay us back–that’s the risk we take to see that you have the money you need to win. Instead of giving up early, you can fight out your case for the highest payout. For more information on our settlement loan policies, feel free to contact our offices.
If you have been hurt in a car accident or on the job, then you may be eligible to receive a settlement. Unfortunately, most lawsuits take several months to go through the courts, and you may have to wait years before actually receiving any money for your injury. A settlement loan provides you the money that you need to fight your case to the end and to handle any pressing bills or living expenses in the meantime.
Many insurance companies know that you may be in financial straits, and will use this to their advantage. If you’ve been injured, oftentimes you’ll be unable to work or get around as you normally would and will be laden with extra medical expenses. The additional cost of legal proceedings might be too much for your already-strained budget. With this in mind, companies will usually offer a low initial settlement in the hopes that you are not able to wait for payment and will take what you can get now. With lawsuit cash on your side, you can afford to live and pay for your court case without worry. At LightHouse Legal, we offer a range of different cash loans that can ensure that the insurance industry does not use time against you to reduce your settlement.
Lawsuit cash–or a settlement loan, as it is sometimes called–is not a loan at all. The money that is given to you is basically the “lending” company buying part of your settlement; if you don’t receive a settlement, you don’t have to pay the money back. Our company performs a thorough analysis of the case to determine the likelihood of a victory beforehand and awards cash based on what is deemed to be your need. If there is very little chance that you would win the case, money would not be awarded.
Since we secure our loans on the basis of your suit, we offer some of the lowest interest rates and fees in the industry. We have helped many of our clients receive settlements for hundreds of thousands of dollars more by simply waiting out the insurance company. For more information on how you can benefit from our lawsuit cash, feel free to contact us today!