As we know, New Jersey has the highest number of pending settlements, making plaintiffs’ lives miserable while they wait year after year for a settlement. But now with Paterson lawsuit loans, you can get the compensation you deserve in advance, which you can use right away and pay once the case is settled.
Eligibility criteria for lawsuit loans in Paterson
Every individual who suffered injuries in Paterson because of someone else’s negligence can file a lawsuit to demand compensation. But it’s not easy to get a settlement since lots of cases need to be reviewed, which can take months or even years.
The best option is lawsuit funding, but who is eligible to apply for it? To get lawsuit loans you need to fulfill below criteria
- You have a pending lawsuit
- You suffered injuries because of someone else negligence
- An attorney is representing your case in Paterson
- Your state and city allow you to take pre-settlement funding
Cases We Fund in Paterson
ECO Pre-Settlement is known as the best pre-settlement funding company in New Jersey that can offer quick and easy cash advances on multiple cases. Even if you are an attorney in New Jersey, we can help you with a quick cash advance.
Check out the list of cases that qualify for a cash advance in Paterson below.
- New Jersey car accident
- truck accident
- wrongful death claim
- product liability claim
- defective drug lawsuit
- mass tort claim
- medical malpractice
- sexual harassment
- commercial litigation
- faulty IVC filter
You can also check here the complete list of Cases We Fund.
In case, you do not see your case type here, call us at 800-961-8924, to know more about your case funding options.
Get Lawsuit Loans Without Any Hassle!
Advantages Of Lawsuit Loans You Didn’t Know About
Lawsuit loans may be one of the most misunderstood financial products on the market today. On the surface, it’s simple: there’s no credit check, so anyone can apply and get cash to help pay for their expenses and bills. But beyond that, there are even more advantages to lawsuit loans that you might not know about—check out these five here!
1) Helps with cash flow
Paterson lawsuit loans are a great way to help with cash flow because they’re an upfront payment. Unlike traditional loans, you don’t have to worry about paying interest on the money borrowed. If you win your lawsuit, you can repay the loan and interest accumulated, but if you lose, you don’t have to repay anything.
2) No credit check
One of the biggest benefits of lawsuit loans is that they have no credit checks. This means that you don’t need to worry about your credit history at all when applying for a loan. The only thing you will need to do is send in proof of the pending lawsuit, and you are good to go!
3) No employment verification
There is no employment verification, so if you’re self-employed or unemployed, lawsuit loans can be a great option for you. It’s easy to apply for a lawsuit loan online, which means that the process will be quick and easy. We understand that people who suffered injuries may have lost wages and been unable to work. If you can prove that the injuries have cost you your job, we can fund your pending lawsuit.
4) Non-recourse funding makes it risk-free
The best part of pre-settlement funding in Paterson is its no-recourse feature. When an applicant applies for lawsuit funding, the lender only considers the pending lawsuit as collateral. So if you lose the case, you need to pay nothing to the lending company, and if you win, you can easily pay them back with a portion of your received settlement amount.
5) Low-interest rates
Lawsuit loans come with low-interest rates, which means you can use the money for other things while you wait for your settlement. The interest rate may vary from company to company and from case to case. To know the optimal rate of interest for your type of claim, fill out the below pre-settlement funding form or call (800) 961-8924.