If you have a pending court case against the offender because you have faced severe injuries because of the other party’s negligence, you are eligible for Iowa pre-settlement funding. You can use the pre-settlement funds to pay for the pending lawsuit expenses, cover your medical bills while recovering, and even use it for day-to-day expenses if you don’t have a job because of the personal injury.
We understand that a plaintiff can face financial turmoil if their lawsuit keeps dragging and they cannot get compensation for years. A lawsuit in Iowa, or anywhere, can stretch over the years, particularly if the defendant remains resolute in their denial of guilt. Further, they try all dirty tricks to keep dragging the case in the hope that you will forfeit the case in the absence of money.
Now, with the option of getting pre-settlement loans in Iowa, you can easily pay for your lawsuit expenses. Further, you can continue with court proceedings for years and wait until the final settlement without worrying about litigation costs. These cash advances are risk-free, so you only need to pay if you win, and if you lose, you don’t have to repay anything.
Understand Iowa Pre-Settlement Funding
Pre-settlement funding is a cash advance designed for the plaintiff with a pending lawsuit, where they are the victim, and their lawsuit is determined to get them compensation for the damages. It is like a financial tool you get if you need money while you are in the middle of a lawsuit, and funds are needed to keep the court proceedings ongoing.
Consider it as an agreement between you and the lender, where you receive money right now in exchange for paying money with interest after your case settles in your favor. The highlight of such a lawsuit loan is that if the plaintiff (borrower) doesn’t win their case, they’re not obligated to repay the loan. Further, unlike traditional loans, there are no obligations on how you use the cash. You can use it for any purpose that is deemed suitable in your scenario. Cover your bills, pay lawsuit expenses, get better treatment, or get your car fixed; you decide what you want to do with the pre-settlement loans that you get.
To get a lawsuit loan in Iowa, you must have a strong case with an active attorney working on your lawsuit. The consent of your attorney plays a crucial role in whether you will get lawsuit funding or not. So before applying for a cash advance, you must talk with your attorney and let them know your financial troubles. Sometimes, even attorneys get attorney funding if they need money to continue with the trial for their clients.
Benefits Of Lawsuit Loans For Plaintiffs In Iowa
Lawsuit loans are a financial oasis for many seeking funds while their case is still in court and they are waiting to get a settlement. Since litigation is costly, it will take years for you to receive a settlement. Many don’t have enough saved for such situations where you don’t have any job because of injury, you have bills piling up because of medical care, and now you have to pay for the litigation expenses, too. Pre-settlement funding acts as a financial cushion that helps the plaintiffs survive these tough times of court proceedings without worrying about money, and they can focus completely on recovering.
The biggest advantage of an Iowa pre-settlement loan is that it’s risk-free and easy to get. If you need cash and you have a pending court case, you become eligible to apply for pre-settlement funding. Further, if your case turns out to be worthy of getting a cash advance, you will get money in less than 24 hours of approval.
The best part is the non-recourse feature. Many of us don’t want to fall into the debt trap, where you get the cash upfront but don’t have money afterward and cannot repay. With pre-settlement funding, you can absolutely relax, as it will not happen. We fund only those cases that have higher chances of getting a settlement. If you win the lawsuit, you repay us, and in case you lose the settlement, you don’t have to pay anything. Since we are considering your lawsuit as collateral, whatever the result will be, we will bear the complete risk.
To get pre-settlement funding, you don’t need a good credit rating; all you need is a good lawsuit that is eligible to get a lawsuit loan in Iowa. At ECO Pre-settlement Funding, we welcome applicants from all credit backgrounds, offering speedy, dependable, and hassle-free lawsuit loans. This means that even if your credit history is less than ideal or you have no credit score, you still have a chance to avail yourself of this financial lifeline if you have a strong case pending in court.
Types Of Cases Eligible For Legal Funding in Iowa
At ECO Pre-settlement Funding, we provide low-interest lawsuit loans for a variety of cases, including but not limited to:
- Personal injury claims
- Car accident lawsuit
- Medical malpractice cases
- Faulty product claims
- Mass tort lawsuit
- Slip and fall lawsuit
Further, we also provide lawsuit loans to many other types of lawsuits. Check the complete list of cases we fund.
It’s Free To Apply For Iowa Settlement Loans
No matter how poor your credit history or employment status, we can help you if you are a plaintiff with a pending court case where you are the victim of an injury caused by someone else. If you are fighting for your rights and demanding compensation for the damages you faced, we are with you. We provide quick and easy pre-settlement loans, which you can get after surrendering a portion of your future settlement award.
We know that plaintiffs need money to pay the cost of the lawsuit and continue with court proceedings. With ECO, you’re not just getting low-interest loans and competitive rates but a trusted partner in your journey towards justice. Our goal is to empower individuals and groups in Iowa to attain financial freedom swiftly and conveniently through our lawsuit loans.
Applying for a cash advance is free, and if you want to learn more about pre-settlement funding, call us at 800-961-8924. If you have any more queries related to pre-settlement funds, you can check our FAQ page.