Top 10 Pre Settlement Funding Companies | 2018
All legal situations do not come to fast solutions. Pre settlement funding is for those that have yet to come to a conclusion, or, for successful plaintiffs who are waiting on receipt of a settlement. The person receiving the “pre settlement funding” must agree to repay the funds in the event they win their lawsuit or receive their due settlement. In the event that the person fails to prevail in their suit, or they fail to recover their due settlement, they are relieved from repaying the pre settlement funding.
Finding pre settlement funding can help in providing for an impaired or injured person while their case is heard by the courts. As with any type of loan, pre settlement funding comes with many fees.
Loans are associated with risk and pre settlement funding is no different. Juries are unpredictable and unfortunately, the sick can often pass on. Because of these and many other factors, pre settlement funding can have some the highest fees associated in all of the finance world. When considering pre settlement funding, it is up to the individual to do their own cost/benefit analysis.
Read More: Top 10 Legal Funding Companies
When Do I Need Pre Settlement Funding?
Have you been in an automobile accident and are trying to retrieve compensation from an insurance company? Were you injured or your car totaled and the insurance company isn’t paying up? You could use pre settlement funding.
Has a loved one passed away and left you with an inheritance? Do you want to put it behind you and not bother with the details in liquidation? Want to just get the funds and put the tragedy behind you? Pre settlement funding can help you.
Were you made to fall ill due to asbestos, tobacco, prescription pills, or another product that has been proven to cause your illness? Are you in the process of recovering a settlement from the company who made the product? You need help now, and pre settlement funding is the solution.
The reasons people need pre settlement funding vary greatly and you should only consider pre settlement funding after speaking with a qualified attorney or financial advisor.
Can I Qualify for Pre Settlement Funding?
The first step in acquiring pre settlement funding is to find a lender or financial firm that provides pre settlement funding. Typically, attorneys will refer you to such a lender as pre settlement funding can help ensure their fees are paid as well.
Once you locate a provider of pre settlement funding, they will ask to hear the details of your situation. In the event of a court settlement, the pre settlement funding lender will request to review the details of the specific court case. There is much risk involved in providing pre settlement funding, and the lenders will want to see how likely the case is of being a success.
If illness is involved in the need for pre settlement funding, the lender will often ask to review medical documents as well as life insurance information. Advanced cases of illness with insufficient insurance can have a difficult time securing pre settlement funding.
Remember, a person must repay pre settlement funding in the event they are successful in retrieving their due settlement. If you have a weak court case, the lender will be less inclined to provide pre settlement funding. Unfortunately, advanced illness and health concerns can also make a lender shaky about providing pre settlement funding.
Consult an attorney about your qualification for pre settlement funding and to recommend a provider.
Top 10 Pre Settlement Funding Companies:
Red Fox Lawsuit Funding is one of America’s BEST lawsuit funding companies for accident victims and personal injury lawsuit plaintiffs looking for fast pre settlement loans and easy approval lawsuit cash advances at the best lawsuit funding companies rates. We offer the best lawsuit funding solutions by providing lawsuit funding same day and lawsuit loans the lowest pre settlement lawsuit funding interest rates.
Looking for non-recourse, pre-settlement funding? We provide plaintiff funding for clients. Our application process is fast, easy and at no cost.
Need financial support for your personal injury case? Contact USClaims, a pre-settlement funding firm that can help you get the no-risk financing you need.
Receive pre-settlement lawsuit funding from the premier pre-settlement funding company, LawCash. Contact us to get pre-settlement funding or litigation financing.
Peachtree can assist you with your pre-settlement funding needs. For more information on how we can help you with pre-settlement funding, visit our website today!
Argenta legal funding is one of the best lawsuit funding companies in USA with over 10 years of combined experience, we specialize in pre-settlement cash advance and lawsuit funding. Also provides medical malpractice funding, car accident legal funding, workers compensation, FELA funding, animal byte funding etc… we offer cash within 24hours of approval. A Cash Advance is Not a Loan.
Injured? Get $500-$250,000 in risk-free cash on your pending case. We’re the country’s #1 reviewed pre-settlement funding company. BBB A+ Rating.
Getting a pre-settlement cash advance for pending lawsuits is quick and easy with Green Light Advance: No credit checks, No monthly payments, Lowest rates.
J.G. Wentworth provides customers with helpful pre-settlement funding resources. For more about pre-settlement funding & how we can lend a hand, visit our website now!
CaseAdvance in California is owned and operated by two experienced personal injury attorneys who understand clients’ financial challenges. 800-203-7621.
Pre Settlement Funding & Attorneys
Finding an attorney to help you with pre settlement funding can be difficult based on many factors. Where you live, the details of your situation and certain ethical issues prevent many lawyers from participating in pre settlement funding.
Conflict is not something that the legal profession provides much room for. When an attorney assists a client with securing pre settlement funding, the attorney is often obligated to sign an agreement that deals with the pre settlement funding. This situation can present much conflict.
Many of these type agreements involve allocating parts of the pre settlement funding for attorney fees. This gives the attorney a personal financial stake in the outcome of the court proceedings. This conflict has been recognized by the legal cannons and, in fact, the state of Florida has barred any attorney from being involved in a pre settlement funding agreement.
An attorney’s cooperation is often necessary in obtaining pre settlement funding and absent of such assistance, a person will have a hard time securing their pre settlement funding.
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