Understanding Settlement Funding

When you have been injured as a result of someone else’s negligence, the last thing you want is to worry about how you are going to pay your bills while you are unable to work. A settlement may be coming, but at times it seems like the process just takes too long. If you find yourself in this boat, settlement funding may be the key to solving your current financial problems, allowing you to focus on healing

What Is Settlement Funding
To put it in the simplest terms, settlement funding (also called lawsuit funding) is a loan providing immediate cash based on the promise of a future settlement. Lenders who offer lawsuit funding to qualified individuals do so on a non-recourse basis, meaning that their only way to collect repayment on the loan is to collect all (or a portion of) the future court-awarded settlement that the injured party may receive.

This loan means money to pay current bills without the risk of creating more debt if the court doesn’t award a substantial settlement. We review each case on its own merit and will provide a loan to you if we feel that you have a winning case. We’ll work to make sure you stay afloat when you need it the most.

Settlement funding can provide the cash you need to fight for justice in your case while keeping a roof over your head and your medical bills paid. In times where that extra few dollars is all that stands between your family home and living on the sidewalk, this kind of cash advance can be a life-saver.

Avoid Legal Funding Headaches with a Lawsuit Loan

Once in a while, even though it may appear that you have fallen through the cracks in terms of being able to move forward as a litigant, it may actually be the case that you can move forward without penalty. A good example is in the lawsuit loan industry. While not a panacea for every lawsuit, a lawsuit loan can certainly help with your finances if you have obviously been wronged and are trying to change your circumstances by going to court.

Lawsuit loans are an attractive option for plaintiffs in need of money, more so than traditional loans or trying to pay for things with money from savings. The reason why lawsuit loans are a good option for those in a pending lawsuit is because it is not necessary to pay the lenders back unless the plaintiff wins the case.

By virtue of winning the case that you are bringing, you will receive money from the court and easily be able to pay off the loan that has been granted.

Below are a few answers to common questions that people have about lawsuit loans:

Q: What types of court cases are popular to use with lawsuit loans?
A: Largely, lawsuit loans are involved with cases that are normally heard by the civil courts.

Q: Do you still get to choose your own attorney?
A: Of course. It is important to note that your attorney will need to be willing to accept a contingency fee agreement instead of billing in advance and having you pay them and then get reimbursed.

Q: What kind of expenses are covered by lawsuit loans?
A: Beyond attorney fees and court costs, any type of medical or travel or client expense that would otherwise be factored into the settlement. The aim is to make it so that your ability to sue is not prejudiced at all by the amount of money you have on hand.

Q: How do you determine whether or not someone is eligible for a lawsuit loan?
A: In truth, there are a variety of factors that can make a difference. The amount of the possible settlement and the likelihood that you would win the case if you had the money to do so are two primary factors.

Information on Lawsuit Loans

No one really wants to have to deal with lawsuits, but lawsuits can help victims to receive a certain amount of compensation for the pain and suffering that they have to experience due to someone being negligent. The problem is that some cases can go through the courts for years, causing severe financial hardship on the plaintiff while they are waiting for their settlement; for this reason, many people get lawsuit loans to cover their expenses during the legal process.

Lawsuit loans can help someone greatly when they are struggling to stay on top of their finances due to something like an injury. The loans provide a cash advance on future court settlements, which will help plaintiffs to get the money that they need before the actual settlement is completed. Often, these loans are used for medical expenses because many people either do not have insurance or were injured beyond the ability of their coverage to pay. Some people need money for car or mortgage payments and other everyday life bills that must be handled no matter how injured you are. Other people are strained financially by the legal fees of hiring legal counsel. No matter what people need it for, once they receive the loan they are free to do anything that they like with the money.

A lawsuit loan is a form of non-recourse payment, which means that the loan is not due until a settlement has been reached. If a person does not win their case, they do not have to repay the advanced funds or the attorney. The company that provides the loan is taking a calculated risk when they loan you the money and if you don’t win, they have to deal with the loss.

Anyone can see why getting a lawsuit loan is a great idea. We at LightHouse Legal take on all the risk for our clients, so that they can live a comfortable life and not have to worry about when they will see a settlement.

Lawsuit Loans from Lighthouse Legal

Waiting for a settlement from a personal injury lawsuit is a long and frustrating process. This money is needed for medical bills or to manage regular household bills, especially if the plaintiff is not working as a result of the injury. However, the answer to this problem could be a lawsuit loan from Lighthouse Legal.

Understanding Lawsuit Loans

Those who have a pending lawsuit may need cash immediately but don’t know where to get it. Some people are hesitant to seek out settlement funding or loans because they believe the lender will become involved in the litigation, but the fact is that lawsuit loans provide immediate relief to a plaintiff without the lender being involved in the lawsuit.

Repaying Lawsuit Loans

What many people do not understand is that lawsuit loans are repaid only when a lawsuit is settled. This means that whether it takes one month or one year, funding is still available. In most cases, if a litigant loses their suit, there is no repayment required.

Types of Lawsuit Loans

There are two types of lawsuit loans, pre-settlement and post-settlement. In a pre-settlement loan, lenders look at the overall quality of the suit and the lawsuit serves as the collateral for the loan. The approval process is stringent, but when there is a strong case, the necessary funds are issued to the plaintiff. In a post-settlement loan, funds are typically an advance on the amount of judgment ordered by the court. Either way, lawsuit loans and settlement funding are definitely things to look into if you are involved in a lawsuit.

Lawsuit loans make a lot of sense when you have a suit pending and are in need of cash prior to the settlement of your case, so contact Lighthouse Legal today to learn more or to get started with a lawsuit loan.

Lawsuit Cash from Lighthouse Legal

Being a plaintiff in a lawsuit that stems from an accident or another wrongful act is usually a very painful and time-consuming process. While days, months, and even years pass by, often times it seems there is no settlement in sight. In the meantime, bills have not been paid and tough financial times are ahead. Fortunately, Lighthouse Legal can help put an end to your ongoing financial woes with our lawsuit cash options.

    -Lawsuit Funding

Lighthouse Legal is a lawsuit cash advance funding company. We take the financial burden away, allowing the plaintiff to move forward in his or her life. Our company provides cash advances when a lawsuit is still ongoing and has not yet been settled. The money we can provide can be used for absolutely anything the person wants to spend it on.

    -Cash Advance Non-Recourse Funding

Non-recourse funding means that the individual will receive a legally agreed to amount of cash from our company, regardless of the outcome of the lawsuit. If the plaintiff loses his or her case, no money has to be paid back to us.

This does not mean that the lawsuit is dropped or stopped. The plaintiff still has to aid in the lawsuit with his or her attorney. We will also keep close contact with the plaintiff and the attorney as to the progression of the lawsuit until it is settled. Once a cash advance is given, our company has a vested interest in the lawsuit, with the hope and intention of winning it.

    -Getting Started with Lighthouse Legal

The process begins once we receive the necessary paperwork from the plaintiff’s attorney. It is an easy process that can result in a cash advance being given as soon as 24 hours, in some cases.

If you are under a lot of financial stress because your lawsuit keeps getting delayed or continued, Lighthouse Legal wants to make life more comfortable by helping you get cash. Contact us today to learn more or to get started with a lawsuit loan!

How You Can Use a Settlement Loan

A settlement loan from LightHouse Legal is unlike any other loan; in fact it’s not like a loan at all. It’s a non-recourse loan which is a predetermined lump sum of cash that doesn’t have to be paid back unless you win the settlement.

Since this is a low-risk, no-interest loan you can pretty much use the lump sum of money for any bill you need to pay off. We all know that medical bills can get quite expensive and get out of hand quickly. Just a few days stay in a hospital can send you back a couple thousand dollars back. But with the loan you can pay those bills off.

Or maybe you need help to pay off your car payments or insurance because you were in an accident? The bills aren’t going to go away. Or maybe you fall behind on your mortgage or rent because of an accident or a pending lawsuit. You don’t want to lose the roof over your head, so keep up with your payments by using a settlement loan from LightHouse Legal.

By applying for a settlement loan through us, you are getting LightHouse Legal best price guarantee. You get all the money you need without the hassle or the long delay, unlike the long, drawn out court process.

So stop worrying about making your monthly bills. Don’t lose your good credit, your car or even your home. Make sure you have to money when you need it thanks to a LightHouse Legal settlement loan.

Our Lawsuit Loans Can Give You Structured Settlement Funding

LightHouse Legal lawsuit loans go further than just helping out pending lawsuit. We also offer structured settlement funding.

Our quick and easy process can you get you a lump sum check in as little as 60 days! Our straightforward process can help nearly any case, including structured settlements which are often subject to a drawn out process and payments.

Structured settlement is a financial or insurance arrangement where a claimant accepts to resolve a personal injury tort claim or compromise of a statutory periodic payment obligation. These structured settlement cases have become more people due to server rulings by the IRS and an increase in personal injury awards. These ruling have changed polices such that if the requirements were fulfilled then claimants could have federal income tax waived. These payments are also called periodic payments and are never received in a lump sum.

So if you have a pending structured settlement but still have bills to pay then consider our lawsuit loan services to help settle those mounting bills. Instead of opening credit cards to pay bills or acquiring a loan that accumulates high interest, consider a lawsuit loan to get the lump sum of cash you need.

Our loans work great for not only pending lawsuits but also pending structured settlements. If you find yourself in this predicament and need cash now, we can help you! Stop worrying about your bills and money troubles and let us help you!


LightHouse Financial Can Give You Lawsuit Cash Advances Quickly

If you have a pending lawsuit and mounting bills, you probably need lawsuit cash advances right away. Usually lawsuits stem from injuries and accidents that result in medical and various other bills. Those bills are going to come regardless of the status of your lawsuit. That’s why you can look to LightHouse Financial for all the financial help you need on time, before the bills are due.

If your bills are quickly becoming overdue or delinquent then we can help you out. We’re available across the country (Lawsuit Funding Not Available in Colorado, Kansas, Maryland, or North Carolina) at all times of the day. The best thing is we can get you the money you need within 24 to 48 hours from the time of your request.

We can process your claim quickly through the phone or on our website. All you need to do is provide your name number and email. Then add the state you’re in, the lawsuit type and the requested amount of money you need. Finally, add your attorney’s name and the law firm’s number. Our staff will then process all the information about your lawsuit.

So with our speedy response we can offer you lawsuit funding from $500 to $500,000. With a lump sum of money now you can pay off your bills while you wait for the lengthy court process. So get all your needed lawsuit cash advances within two days of sending in a request to Lighthouse Financial.  This way you won’t have to worry about falling behind on your bills.

Traditional Loans Vs. Lawsuit Loans

We at Lighthouse Legal offer lawsuit loans, but don’t get fooled by the word ‘loan.’ In fact what we offer are far from a traditional loan. Instead, we offer money to those in pending lawsuit. The money is then paid back only when the lawsuit or settlement is reached. If you do not win, then you will not have to pay that money back.

Traditional loans are always paid in full and are also tacked on with interests. A borrower receives a lump sum of money from a lender, such as a bank. The amount of money borrowed is considered the principal and the borrower is obligated to pay back the amount of the money at a later time. This payment is usually in installments that are paid through a set time. Interest is then added to the sum of the principal as a cost for borrowing the money. The amount that is settled to be paid back is bounded by a contract. If the payment is not paid in time then the lender has recourse to regain the losses from the borrower. This can be very dangerous to the borrower who cannot repay the sum of money back. Also, loans are dangerous because you’re paying back more than you borrowed through interest.

However with Lighthouse Legal lawsuit loans, you don’t have to pay back the sum of money unless you win. So we are paying forward your winnings, instead of preying on your needs. This is especially helpful for those who need money to pay for medical bills or other bills that are of a result of an accident that sparked the lawsuit in the first place.

So don’t be scared by the word ‘loan,’ instead take comfort knowing that we’re here to help you stay out of trouble during the time of a pending lawsuit.

Driver of tractor-trailer sued for wrongful death

A car accident lawsuit has been filed against the driver of a semi-truck which collided with a vehicle and killed a man, reports the Telegraph Herald. Many people who file such cases use legal loans from lawsuit advance providers to help them fund their cases.

The family of Mark Kerper filed the suit against driver John Bahl and the vehicle’s owner, Russell Bahl. Kerper died when his car was allegedly hit by a trailer that had become unhitched from the semi-tractor trailer pulling it.

According to the lawsuit, John Bahl is responsible for Kerper’s death because he was negligent while operating the vehicle and failed to make sure the connection between the two trailers was secure.

Both men do not deny they are liable for damages, but they claim the accusations of negligence are false. Unless a settlement is made, the case is reportedly expected to be heard by a trial jury within the next year.

The amount of damages was not included in the news report, but Kerper’s wife said, “It’s not about money for us. It won’t bring my husband back.”