Driving a car is a basic necessity to commute, but when you get into a car accident because of someone else negligence, things start to fall apart. People suffer severe injuries, trauma, and car damage in a car accident. This doesn’t just stop here. Victims may have to spend a lot on medical bills and litigation. Victims of car accidents have a complete right to sue the offender and get compensation through legal channels. Kentucky car accident loans are designed for plaintiffs with a pending car accident claim, where they are at no fault for the accident but suffered because of the other driver’s negligence.
In Kentucky, car accidents are common because of rough driving and negligence. The court is full of such car accident lawsuits. We understand that these car accident lawsuits are tough to handle; you have to prove that you are at no fault and that the other driver is only responsible for the lawsuit. All these lead to cases that keep on being dragged into court. Further, car accident lawsuits are complex, time-consuming, and expensive. If you don’t have much savings, you must find alternate ways to fund your lawsuit.
Car accident loans in Kentucky are just suitable for you. It is a cash advance designed for the plaintiff suffering from car accident injuries and has an ongoing lawsuit against the offender. Via car accident lawsuit cash advance, you can now easily cover your expenses and repay us once you win the case. It is a loan against your future settlement value.
Kentucky Car Accident Lawsuit Loan Process
Car accident loans are very different from traditional loans such as bank loans. You don’t need to submit any physical collateral to get a car accident loan in Kentucky. You only become eligible for car accident lawsuit funding if you have a pending car accident claim in court, where you are the victim of an accident caused by another negligent driver. To get a cash advance against your car accident lawsuit, you have to fulfill certain criteria, such as:
- You are the victim of a car accident
- The accident was not your fault
- You have filed a case in Kentucky court against the offender
- An attorney is representing you in court
- Your partnered attorney takes contingency fees
- Your attorney consent for a pre-settlement loan
After you find that you fulfill every criterion mentioned above, you can apply for a cash advance. Further, the approval part will be based on the strength of your ongoing lawsuit. Let’s check the process of getting car accident lawsuit loans in Kentucky.
- Apply Online: If you are a plaintiff looking for a car accident loan, you can apply with us online. Fill out the form on the contact page. Share some basic details, like your case type, the amount you need, and the attorney details of who is working on the case.
- Case Evaluation: You may have to wait a couple of days. We will contact your attorney to collect documents related to your lawsuit. We will evaluate your case’s strength, the severity of the injury, the expected value of settlement, and the time it will take to settle. Based on the evaluation, we will let you know the amount we can offer.
- Agreement & Funding: After determining the loan amount, we will send a contract stating all the funding-related information and terms. If you and your attorney agree to the terms of funding and sign the contract. We will send the money to your desired account in just 24 hours.
The only working principle that applies to a Kentucky car accident loan is that you have a pending court case. Being a lender, we are funding your case based on the strength of your lawsuit. To get a cash advance now, you agree to share the portion of your settlement award that you will get after winning the case.
What Benefits Plaintiff Gets From Car Accident Settlement Loans in Kentucky
While the plaintiff is in the middle of a lawsuit, the need for money is understandable. A person who gets injured will definitely need money for medical care, and if they pursue compensation via lawsuit, legal expenses will increase. Pre-settlement funding against your car accident claim can have multiple advantages, as it provides quick access to money you can use now. Let’s check some of the significant benefits a plaintiff receives after taking pre-settlement loans from our company:
Quick Access To Funds
We understand the urgency of a plaintiff filing for a car accident loan. We have designed the application process to cater to the plaintiff’s needs straightforwardly. If you have a lawsuit and are willing to share a portion of your future award with us, you can take a cash advance in simple steps. We don’t ask for credit checks or job status. If your case is strong and your attorney convinces us that it will settle in your favor, we can provide you with a cash advance for your case.
Need Cash For Your Lawsuit? Apply For Pre-Settlement Funding Now!
Non-Recourse Funding Only
The best part of our car accident loans is its nonrecourse feature. We offer you the settlement loan based on the expected future settlement and the strength of your case. We are considering your actual lawsuit as the collateral. Therefore, if you win, you will repay us the money. But if you lose, we will not ask for any repayment. Because of the risk-free nature of car accident loans, many plaintiffs consider it the best option to cover the expenses while in the middle of the lawsuit. The risk of a pre-settlement car accident loan is on the lender and not the applicant; hence, the only drawback is the higher interest rate.
Don’t Settle For Less
It is very obvious that when a plaintiff runs out of cash to fund their case, either they forfeit the case or settle for less. Many defendants use your financial condition against you. They will keep on dragging the case so that you don’t have money left to pay for the legal expenses and get forced to settle for the lowball offer that the defendant is giving. With a low-cost lawsuit loan, you can easily cover your litigation expenses until it reaches a settlement and repay when you win the case. Pre-settlement loans help you make your car accident lawsuit stronger and help you wait till you receive a fair compensation offer.
Get Quick Cash With ECO; It’s Free To Apply For Car Accident Loan In Kentucky
If you have a pending court case against the driver because of whom you suffered an injury, your attorney consents to a cash advance. You can apply for car accident loans from our company. We are a decade-old company providing legal funding to the people of Kentucky when they need money to cover the expenses while fighting the legal battle. Not only car accident claims, we can help plaintiffs with Kentucky pre-settlement loans on multiple types of cases. We can fund your lawsuit now if your case is strong and your attorney says that.
You will get the money in just 24 hours of approval, and you can use it however you want. Take the cash and pay the bills due to the accident. We understand that people lose their jobs or get permanently disabled because of car accidents. Since settlement takes time, our cash advance is a cushion until you reach the final settlement. Once you win, you can easily repay the loan, and even if you don’t win, you can relax as you don’t have to repay anything. To apply with us, call our toll-free number, 800-961-8924, or fill out the application form below.
Contact Now For Cash Advance Or Call Us At +1 800-961-8924