People who suffered injuries because of someone else negligence can get fairly compensated via legal battle in Delaware. Since litigation expenses are very high and you may require money right now to pay for the legal and medical fees, you can apply for Delaware lawsuit loans. It is a risk-free financial option available only for the plaintiff during a lawsuit and needs money to cover the expenses.
Keeping up with bills during the recovery phase is tough. In case you suffered permanent disability because of someone else wrongdoing, you become totally dependent on the compensation. However, settlement takes years to resolve, and living without wages becomes tough in Delaware. You will need money now to pay your bills and keep up with rent and daily expenses. You can take pre-settlement funding in Delaware and use it as your financial backup until your lawsuit settles. Once you win, you can repay the loan without worry.
Delaware Lawsuit Loans Overview And Process
Lawsuit funding is a financial tool for plaintiffs, through which they get a lumpsum upfront prior to the settlement of their case. The need for cash is understandable during court proceedings, and a lawsuit loan solves the problem. If you have a pending court case for a personal injury lawsuit in Delaware, you must have realized how costly it can get. Further, if you are still in the recovery phase, you must pay medical bills simultaneously.
Many people who suffer injuries may be left without jobs, leading to no money to take care of the day-to-day expenses. Continuing with the court proceeding also becomes tough. In case more medical care is required, you will be left with no option but to get money from friends, family, and the bank. All these options are available but not very feasible. Getting a bank loan is difficult if your employment status is inactive.
Therefore, getting a Delaware lawsuit loan seems the best option for plaintiffs who need money. Further, they are the only risk-free method to get funds for your lawsuit. As we offer non-recourse funding, you only need to repay if you win; if you lose, you don’t have to pay a dollar.
Process To Get Settlement Loans In Delaware:
We have a very fair and simple process to provide a settlement loan. Just follow the below step
- Apply: If you have a pending court case against the other party at fault for the injuries you faced, you can apply directly by filing an online application. You need to submit case-related details and attorney information.
- Get Reviewed: Once we procure your case-related documents from your attorney, our team will do an internal evaluation. We will check the status of your case, its strength, expected value, and expected settlement time to determine the loan amount.
- Get Cash: If we find your case is strong and our team approves your application, we will send a contract with funding terms. Once we receive your attorney’s signed agreement, we will transfer money in less than 24 hours.
Imagine that you have a personal injury claim and can’t work while the case continues. You have medical bills piling up but can’t afford to pay them. You don’t even have enough money for rent. Our Delaware pre-settlement funding company may be able to help. We can provide you with a lump sum now that allows you to avoid financial stress and focus completely on recovering from injuries and making your case stronger. Our lawsuit funding can not only help you fund your litigation expenses, but it can also help you out with your house payment or put food on your table. This is not a loan but rather an investment in your future settlement, from which they will earn a return when you win your settlement or verdict.
Benefits Of Lawsuit Funding in Delaware
The biggest benefit is that it’s an option that doesn’t require credit checks or employment verification. This means anyone can use Delaware pre-settlement funding if they have a valid claim against another party. In other words, anyone can use Delaware pre-settlement funding regardless of their financial situation or credit history.
Since the application process of getting lawsuit funding from ECO is very simple anyone with a pending lawsuit can apply, further we do have the highest acceptance rate, so the chances of your cash advance approval are also high. To apply all you have to do is fill out an application form online or call us at 800-961-8924 and provide basic information such as your name, address, phone number, lawyer name, and case details. Once your application has been processed, we will review it within 24 hours and let you know whether or not we can offer Delaware pre-settlement funding.
Cases we fund in Delaware
Any personal injury plaintiff with a better chance of winning is eligible for plaintiff financing, but some states limit the cases in which plaintiffs can receive cash advances. Check the cases in which a plaintiff in Delaware can get lawsuit funding.
- Car Accident Lawsuit
- Personal Injury Lawsuit
- Medical Malpractice Claims
- Product Liability Lawsuit
- Defective Drug Lawsuit
- Wrongful Death Claims
- Workers Comp Settlement
You can see the full list of cases we fund here to see if yours is eligible for lawsuit funding. To find out the terms of financing, call us at 800.961.8924 or apply online with your case information.
Lawsuit Loan Interest Rate in Delaware
It is expensive because lawsuit funding is risk-free for the plaintiff but carries a high risk for the lending company. The interest rate on a lawsuit loan varies from case to case. Further, the expected time of settlement and future rewards play an important role in determining the interest rate. To know the exact interest rate, you may have to submit your case details, and after verifying the case’s potential, we can offer you the lowest possible interest rate.