Lawsuit Funding Prevents Home Foreclosure

A construction worker was seriously injured in an auto accident and unable to work as a result of his injuries. He filed a personal injury lawsuit, but the litigation process was progressing slowly. In the meantime, the medical bills were accumulating, the mortgage payments were in arrears, and the utility companies were sending “turn off” notices. “My attorney advised me not to accept the settlement offer from the insurance company, but the bills had to be paid or I would lose my home. I needed $3,000 fast,” said Mr. Lambert. “Fortunately, my attorney suggested pre-settlement lawsuit funding.”

After the funding company evaluated his case, Mr. Lambert received the $3,000 to pay off his debts. Three months later, his case settled for $1.5 million.

If you are currently experiencing a similar situation, then lawsuit funding may be your solution. Plaintiffs, more often than not, face financial duress during the litigation process because they do not have the financial means to level the playing field with large corporations, especially if they are unable to work due to injuries sustained. Fortunately, lawsuit funding can help plaintiffs avoid such a scenario.

Qualifying for lawsuit funding is easy. You must be represented by an experienced personal injury attorney, have a case with merit, and complete a lawsuit funding application. The application process is fairly quick. There are no credit checks or employment verifications because funding is based solely on the merits of the case. Once the underwriters review the necessary documentation, if your case is approved funds can be available within 24 – 48 hours. Because lawsuit funding is on a non-recourse basis, the plaintiff is only obligated to repay the funding company if, and when, the case is successfully settled. If the case does not favorably settle, the plaintiff owes nothing.

Put your finances back on track so that you can focus on winning your lawsuit for the compensation you deserve.