Personal Injury Settlement Lawsuit Funding

Generally, plaintiffs who are involved in a personal injury lawsuit will receive a settlement. However, in order to reach that settlement, it’s important to have the funds necessary to fund your lawsuit. Unfortunately, due to the fact that many plaintiffs find themselves out of work due to their injury, they often find themselves in a financial bind when it comes to funding their lawsuit which is where pre settlement funding comes into play.

Lighthouse Legal can provide legal funding to the following types of personal injury lawsuits: construction negligence, dog bites, employment discrimination, FELA, general negligence, legal malpractice, medical malpractice, motor vehicle and passenger injury, nursing home malpractice, pedestrian injury, pharmaceutical litigation, premises negligence, product liability, trucking, wrongful death, and many more. Pre settlement funding is also known as a settlement loan or lawsuit cash advance. You can use your pre settlement funding to help pay for health care expenses, car or mortgage payments, or other expenses in your life to help you get through your lawsuit.

Pre settlement funding is provided before there is a verdict in the case and the word “loan” can be misleading – if you don’t win your case for whatever reason, there is no obligation to pay back your settlement loan. If you believe you are entitled to an injury settlement, but are not involved in a legal proceeding yet, it’s important to contact a lawyer for legal information.

Questions about pre settlement funding on a personal injury lawsuit? Contact Lighthouse Legal today toll free at (800) 767-2274.

How Settlement Funding Can Help You Survive Court

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.

Settlement Loans Allow You to Pay Your Bills and Fight Out Your Case

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.

Learn About Pre Settlement Funding

Pre settlement funding is an advance that is given to people who are participating in a lawsuit. These advances can be given to pay off expenses and debts that the person may incur. Everyone knows that lawyers aren’t cheap, and lawsuits can become a financial burden for people without a boatload of money. This type of funding can be very useful to help people get through the tough times of a lengthy trial.

Once a person is done with their trial, they use the money that they won to pay back the cash advance that they got. This introduces some risk into the pre settlement funding procedure. If a company, like Lighthouse Legal Finance, is giving the advance out, they expect the plaintiff to win their case.

To that effect, pre settlement funding is a lot safer than a traditional loan because the repayment always comes out of the money awarded in court. It is not a loan, and the plaintiff has to win the court case to actually be responsible for repayment. While you may be charged a higher interest rate than with a bank loan, you also assume none of the rest. In the end, this matters so much more.

For the right people, pre settlement funding is a great way to get some cash in order to get out of a financial pinch. Learn more about pre settlement funding from one of our customer representatives today.

No-Risk Settlement Funding from Lighthouse Legal

Individuals with a pending personal injury lawsuit may qualify for settlement funding in order to pay their bills while waiting for a verdict in their lawsuit. Lawsuits typically eligible for funding include car accidents, construction accidents, or any other personal injury accidents. Settlement funding is basically an advance which is paid back along with any fees for the advance when the plaintiff actually receives payment of their settlement.

A settlement loan is a no risk loan for the injured party because if no settlement is received, the loan does not have to be repaid. Because of this, settlement loan providers will contact the personal injury attorney for more information about the strength of the case and the value of the likely settlement before agreeing to provide the loan. Injured parties who request an advance must have a convincing case with clear damages which they are requesting to be compensated for, such as time lost from work or severe personal injuries. The defendant in the personal injury lawsuit must also have the ability to pay the damages awarded to the injured party.

In most states, attorneys are not permitted to advance settlement funding to their clients even though the client clearly has an excellent chance of being awarded a large settlement. This can be frustrating to attorneys who see clients falling behind on mortgage payments and car payments through no fault of their own. Most attorneys are happy to provide settlement funding companies the information needed to process the loan, as they do not wish their clients to accept a lower settlement offered early on because of pressing bills.

Settlement funding is only available to clients whose attorneys are working on a contingency fee basis. Attorneys working on a contingency basis have every incentive to obtain the highest possible settlement for their clients, but this may take years. Most people injured in an accident do not have the savings to hold them over until they receive their settlement, so finding a way to get cash quickly can be a huge help. Settlement funding can provide enough money so anyone waiting for a settlement does not have to suffer financially because of an accident that was not their fault.

Pre-settlement Funding Helps People Keeping Fighting their Case

Pre-settlement funding is a way of providing plaintiffs with the kind of money they need to pay the costs of a civil trial. As the old saying goes, “You need money to make money,” and this holds true for lawsuits as well as for businesses. You can win big money as a result of the trial, but if you do not have much money to begin with, then you do not stand much of a chance of winning. That is why there are companies that make pre-settlement funding their very business and with their services. Funding companies even the playing field so that the wealthier defendants no longer have the advantage of being able to delay the trial process until his opponent no longer has enough money to continue the fight.

It is both simple and easy to request pre-settlement funding. The plaintiff can apply either by phone or online, and the company will speak with their attorney to get the loan approved. The latter can then convey the information to his client, who will typically have received a copy of the funding company’s request. The company will also ask for copies of certain documents that are pertinent to the case in question, including the police report of an accident, medical bills incurred, proof of the plaintiff’s insurance coverage, and the attorney-client retainer agreement. It is the strength of the case, more than anything else, that will determine whether or not the loan finally gets approved and if it is, the process may take as little as two days. In order to receive their services, however, the plaintiff must reside in a state in which they are offered.

If the funding company approves of the loan, then the plaintiff’s attorney will receive a purchase agreement, to be thoroughly reviewed and signed by both. With pre-settlement funding, plaintiffs never have to be at the mercy of a limited budget again and can see their litigation to its finish.

A Settlement Loan Can Help Alleviate Your Financial Burden

If you are involved in a personal injury case, it may take time before a settlement is reached. From wrongful death to medical malpractice, a personal injury can completely destroy you and your family’s lives. Not only can there be expensive hospital and doctor bills to pay for, but the lost time at work due to personal injury can be crippling. If you have had some kind of personal injury and cannot wait until a settlement is reached before receiving your money, you may want to consider applying for a settlement loan.

If your personal injury has caused the bills to pile up, the help of a settlement loan will benefit you greatly. A settlement loan can be obtained before a verdict in your case is made, so you can get the money you need fast. Just because you have missed work and lost your income due to a personal injury does not mean bills like the car payment or mortgage stop. These bills will still need to be paid, which is when a settlement loan is especially useful.

A settlement loan isn’t really even a loan; it is a sum of money that you promise to back if, and only if, you are awarded money. If you are not awarded anything, you don’t have to pay. The lending company in question is taking a calculated risk based on the likelihood of you winning the case when they lend you the money. All that said, the company will review your case to estimate your chance of winning before any money is paid out.

If you are wondering how to apply for a settlement loan, it’s easy. As long as you have the representation of a lawyer in your case, chances are you will be approved for a settlement loan. Choosing to obtain a settlement loan is quick and simple and it will help make your life easier during a difficult time. When you are suffering from a personal injury, you are already stressed and in pain. It is our job to eliminate your troubles by helping you get the compensation you deserve.

Pre-Settlement Loans Help Plaintiffs

Pre-settlement funding is just what you may need if need to pay some bills and meet your financial obligations. It is usually a quick and painless process. You do not have to deal with bureaucratic loan processes or go through credit checks or your employment history. Instead of waiting to get your settlement money, you can get it right away! This is a lawsuit loan that works as a cash advance and does not have to be paid back if your lawsuit has not yet been settled. This applies to cases that are currently pending and has a settlement in the works.

LightHouse Legal helps you substantially. Your attorney is able to spend more time on your case and give you better representation. It reduces the amount of time the defendant stalls on your case to make you incur more legal fees. Many plaintiffs are able to receive adequate attention on their cases. Luckily, there is a cash advance system that makes sure that you will not be a victim of the system.

Applying for pre-settlement funding is simple. All you have to do is fill out a simple form with your information. Your case will be subject to approval depending on whether or not you meet certain criteria. Your case must fall within certain legal topics and you must live in a state or territory where they allow pre-settlement funding.

If you get approval, you will get a phone call or other type of correspondence informing you of the amount that you have been qualified for. The amounts of these loans typically vary case-by-case. Your lawyer will become involved after LightHouse Legal has your file. Both you and your lawyer have to sign a document that details the agreement by the company. You can receive the cash advance in as little as 48 hours or wait about as long as a week.

The best part of pre-settlement funding is that you do not have to pay your loan back until you hear back about your suit! Apply today if you need it. Request another pre-settlement loan if it becomes necessary.

Pre Settlement Funding Helps Clients Get what they Deserve

Pre Settlement Lawsuit Funding

Lighthouse Legal offers pre settlement funding that is sometimes referred to as a loan, but is not a loan at all. Where a loan involves repayment of the money borrowed regardless of circumstances, our funding only requires repayment when a client wins their case.

Funding also depends on the strength of a particular lawsuit. Lighthouse Legal provides a team of financial and legal professionals who review case documentation of individual suits to assess probabilities of winning a trial or obtaining an out-of-court settlement. The information that is summarized by our team assists them in making the determination regarding whether a case qualifies for funding.

If approved for a lawsuit loan from Lighthouse Legal, a retained attorney will be sent a purchase agreement which will be signed by the plaintiff and the attorney representing the client. Once the signed document is received, the money is generally wired directly to a designated account and the client has quick and easy access to the funds. Lighthouse Legal’s lawsuit loan process takes as little as 48 hours, depending on the efficiency of the attorney’s office in returning the signed documents. If a lawsuit requires more time, Lighthouse Legal will set up an additional pre settlement loan for the client as extra funding may be acquired for the plaintiff to continue with the legal process. When an attorney works on a case file, they collect various documents that assist them in the approval process and plaintiffs will be asked by Lighthouse Legal to provide copies of various documents including:

* Attorney-Client Retainer Agreement

* A Police, Accident, or Incident Report

* Proof of the Defendant’s Insurance Coverage

* List of Medical Bills from an Accident

* Any Other Documents that Pertain to the Specific Case

Lawsuit Funding for Personal Injury

Legal funding is simple, fast and secure. There are many legal firms that are active in the lawsuit funding industry; however, Lighthouse Legal has helped thousands of plaintiffs get the money they deserve without having to wait until their lawsuits are settled in or out of court. Lighthouse Legal’s lawsuit cash advances have helped plaintiffs all over the United States in various cases, such as slip and fall accidents, car accidents and personal injury cases. Other case types include:

* Legal Malpractice

* Liability Litigation

* Mass Tort

* Medical Malpractice

* Pedestrian Injury

* Nursing Home Malpractice

* Pharmaceutical Litigation

* Truck Accidents

* Product Liability

* Wrongful Death

* Workers Compensation

* Workplace Negligence

* General Negligence (homeowner)

If resources are lacking, plaintiffs might not be able to afford to stick around long enough to get what they deserve. With pre settlement funding from Lighthouse Legal, a plaintiff with a serious claim can see every cent of their money and more.

 

 

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.