Florida is the 4th largest state in the US, and people living there are more prone to accidents and injuries because of the rising population. If you are someone who suffered injuries because of the other person’s negligence, you can sue the offender and ask for compensation. You must approach the court, file a lawsuit, and wait till settlement to get fair compensation. Since lawsuits are expensive, we can help you with Florida pre-settlement funding.
Many people in the middle of a lawsuit in Florida face financial challenges when they have no savings and become dependent on compensation. Injuries can lead to loss of wages and permanent disability, leading to permanent loss of jobs. Covering litigation expenses becomes tough if you don’t have any savings, and ultimately, you will be forced to forfeit the case because you cannot pay for the court proceedings.
With pre-settlement funding, you can pay for the litigation expenses without worry. We provide quick and easy lawsuit loans in Florida, which you can use without restriction. Take the money now to cover the litigation and medical bills, and repay us the loan once you win the settlement.
Understanding Florida Pre-Settlement Funding
Florida is not just a sunshine city but also a state with the highest number of pending cases. Plaintiffs with pending personal injury cases often face tough times during an ongoing trial because of low cash to cover the expenses. Pre-settlement funding is one such facility created only for plaintiffs in the middle of a lawsuit. It is a cash advance that only the plaintiff gets based on their expected future settlement. Whether you suffer injuries because of a car accident or you suffered personal injuries, if you are not liable for the accident, you can get a settlement loan.
Simply put, you are getting cash right now when your case is still in court, and you can repay the loan after you win the settlement. It is like a settlement amount you are getting before the actual settlement. The amount you get right now will be 10-20% of your expected settlement value. This cash can help you easily cover your bills, which is piling up because you have no money left because of the litigation expenses.
The biggest reason behind Florida’s plaintiffs opting for a lawsuit loan is the length and expensiveness of the trials. During the trials, plaintiffs usually drain their savings to continue the lawsuit, but it may still demand more money. Therefore, to overcome scenarios where people are left with no money to keep on trial, they may agree to settle for a lower compensation value. But with the introduction of legal funding in Florida by our company ECO pre-settlement funding, a plaintiff has a solution to continue with the trial without raising any debt, using the pre-settlement money, and repaying it after winning.
Are Pre-Settlement Loans Legal In Florida?
Yes, legal funding and pre-settlement loans are completely legal in Florida. Either you are a plaintiff or an attorney, and you can get pre-settlement funding. For attorneys in Florida, we also offer Florida attorney funding for lawyers and law firms. This cash is meant to help the plaintiff and the attorney cover the litigation expenses when lawsuits drag on for months and years.
Since lawsuit loans are legal in Florida, there are certain requirements that you must meet to get a cash advance. You must have an active court case in Florida, you are a resident of Florida, and you are the victim of injury, which was not your fault.
One more requirement is of the utmost importance: the presence of an attorney. We can only provide settlement loans in Florida if your case is represented by an attorney working on a contingency basis. Further, the attorney’s consent is required to get pre-settlement funding.
Florida Pre-Settlement Funding Process
Getting pre-settlement funding in Florida is quick and easy, as we have designed the application process to be very simple. To become eligible to apply for a lawsuit loan, you have to first fulfill some requirements, which are:
- You are the victim of the injury
- The accident was not your fault
- You have filed a case in the court of Florida state
- An attorney is representing you in court
- The attorney working on your case takes contingency fees
- Your attorney consents to a pre-settlement loan
Once you fulfill each criterion, you must also understand that if you take a pre-settlement loan, you must surrender a portion of your future settlement award. If you are comfortable taking money right now in exchange for a portion of your settlement amount, here’s the next step to follow.
First, you have to apply with us, either by filling out an online application or by calling us at 800.961.8924. We need some basic information on the application, like the case type, the amount required, and your attorney details.
After we have this information, we will contact your attorney and get a better picture of your lawsuit. We will analyze your case strength, and based on the evaluation, we will determine the loan amount. As soon as the case evaluation process is complete and your lawsuit proves capable of getting legal funding.
We will then send the funding agreement with all the details of the lawsuit loan, interest rate, and repayment terms. This contract is for safety measures, making our pre-settlement financing more legal. Once you agree to the terms and provide us with a signed copy, we will transfer the funds directly to your proposed account.
What Type Of Lawsuits Can Get Funding In Florida?
We have provided settlement loans for more than ten years in Florida and multiple other states in the US. We are well experienced in funding every type of personal injury lawsuit. Below is the list of cases we fund in Florida. Even if your case is not on the list, we are also able to provide you with lawsuit funding, but before that, we need to analyze your case. So you need to first contact us.
List of cases we fund:
Check the complete list of LAWSUIT WE FUND.
Here are a few cases that have been added to our list for lawsuit funding in Florida.
Nursing Home Negligence Cases
Older people approach nursing homes to get the care and attention they need. While healthcare providers do the best they can, there are still times that they become negligent, resulting in harming the patients. Even if it was not intentional, they are liable and should cover the damages done. It can make a huge difference if you are going to get pre-settlement funding while you are waiting for the settlement.
Product Liability Claims
A product liability case is when a company, the manufacturer, retailer, supplier, or distributor, is held accountable for its products that have caused severe health harm to the consumers. This type of case usually takes a lot of time to be settled, especially when the party you are suing is a considerable company or corporation. Don’t let them force you into agreeing to a settlement you deserve. If you are having financial troubles, we are offering pre-settlement loans.
Bad Drug Actos
Actos is a medication that is prescribed to treat type 2 diabetes. However, it has been found that this medication can cause bladder cancer if used for more than a year. Other severe effects of Actos include kidney failure and congestive heart failure. If you have health problems because of Actos, you must take the necessary action to recover the damages and difficulties you went through. File a lawsuit and use lawsuit funding to pay for litigation expenses.
Side Effects of Fosamax
Fosamax is prescribed to treat osteoporosis in women caused by menopause. Men also use it to improve bone mass. It works by slowing down bone loss and increasing bone mass, which will significantly help prevent bone fractures. However, patients have been complaining of suffering from osteonecrosis of the jaw. You can get faulty drug lawsuit funding if you have a pending case against Fosamax.
Lawsuit Related To Faulty Hip Replacement
There were already a growing number of legal cases involving hip replacement. This happens when the patient needs to undergo surgery again due to a hip replacement defect. Undergoing surgery and filing a lawsuit case will surely exhaust your funds. To tackle the financial problem while in a pending lawsuit, you have a solution in the form of legal funding.
Check out Florida’s personal injury law, which you must know about as a victim of “no-fault” cases.
Get Quick Cash For Your Pending Lawsuit In Florida
We can be the partner you are looking for for plaintiffs who need money to cover the litigation cost. We provide low-cost lawsuit loans in Florida, which a person who suffered injuries from someone else’s negligence can get. We only need you to have a strong pending court case and a higher chance of a favorable outcome.
With our pre-settlement financing company, you can get money in exchange for your future settlement award. We can provide up to $250,000 in cash advance. Generally, we provide 10-20% of your expected settlement value as a settlement loan. You only have to share your case details if you need money. We don’t ask for any credit checks or employment verification.
Even if you have a poor credit rating, we don’t have any issue providing you with legal funding. Since we offer a loan against your pending settlement, we are considering your ongoing lawsuit as collateral. Further, we only give risk-free loans since we pay you a loan in exchange for future settlement. Therefore, if you win, pay us back, if you don’t, you keep the money.
With less paperwork and no credit check, you will receive funding based on the case’s merit in less than 24 hours of approval. If you still want to learn more about pre-settlement funding or wish to understand the application process, fill out an online application given below. We will help you with every detail of lawsuit loans in Florida.