When a loved one is seriously injured or dies due to a medical error, the victim (or his/her surviving family members) may be entitled to compensation. An experience medical malpractice attorney can evaluate the circumstances and determine whether the victim has a viable case. After a lawsuit is filed, the time between the lawsuit and settlement can stretch over years - time that is financially difficult for many plaintiffs. When the ability to wait for compensation is not an option, pre-settlement lawsuit funding may be.
Pre-settlement funding, a cash advance based on the predicted outcome of a case, can bridge the gap between financial needs and a fair settlement. With bills and creditors at bay, the plaintiff can concentrate on recovering, and the plaintiffs’ attorney has more time to seek full compensation.
READ MORE PRE-SETTLEMENT LEGAL FUNDING LEGAL NEWS
A lawsuit cash advance is provided in return for a promise to repay after the lawsuit settles or the jury rules in your favor. Receiving funding is based solely on the strength of the case. If the case is reviewed and appears to be winnable, the application will likely be approved with funds available within 24-48 hours. There is no risk to the client because funding is provided on a non-recourse basis, meaning that the funding company accepts 100% of the risk. If the case wins, the funds are paid back at the time of settlement, but if the plaintiff loses, the repayment is waived completely.
If you are a plaintiff in a pending lawsuit, don’t let the process wreak havoc on your financial situation. Pre-settlement funding ensures that you can fight for restitution for as long as it takes to win.
Disclaimer: This article is a paid advertisement prepared by Lawsuit Financial Corp. and does not constitute legal or financial advice from Online Legal Media or LawyersandSettlements.com.
