PRE SETTLEMENT LAWSUIT FUNDING FOR PERSONAL INJURY – HELPING TIDE OVER DIFFICULT TIMES

Pre settlement funding as the name suggests, is the monetary advance that is made available to victimsof accident cases by finance companies before they receive the compensation from at-fault parties. The battle of compensation is fought in the courts and therefore may take months to culminate. Apart from the time period that such cases may take to culminate, the victims may ultimately not receive the amount of compensation that they have been fighting for. But medical and legal emergencies cannotwait. Victims of accidents cases are not only required to go through grueling legal battles and expensive medical treatments but they face loss of wages andother financial losses as well. 

Pre lawsuit funding helps the victims tide over such financially difficult times with ease. Financial companies extend pre settlement lawsuit fundingfor various kinds of accidents. Those who have suffered personal injuries can avail Pre Settlement Lawsuit Funding for Personal Injury. 

Some of the types of cases that qualify for Pre Settlement Lawsuit Funding for Personal Injury include:

• Auto accidents

• Medical malpractices

• Product liabilities

• Battery

• Assault

• Defamation

• Slip and fall

• Construction site accidents

Several finance companies extend Pre Settlement Lawsuit Funding for Personal Injury but they analyze everycase that comes tothem on various parameters. 

• TheStatus Of Litigation - This needs to be active with a dedicated attorney handling the case on behalf of the client.

• The Type Of Case – This is with regards to the typeof accidentand the injuries receivedtherein. 

• TheSettlement Potential Of The Case - This determines the quantum of loanthat can be extended to the client. 

• The Commitment Of The Plaintiff For Resolving The Case - Many of the lawsuits funding are non-recourse and therefore companies need to be convinced regarding plaintiff’s commitment to fight and win the case. 




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