Anyone with a pending personal injury lawsuit can take Massachusetts pre-settlement funding if they need urgent funds to cover the litigation expenses. Our cash advances are easy to get and have straightforward terms. Generally, if you suffer injuries and trauma from a personal injury, recovery takes time. They not only affect you physically but also harm your finances. Because of an injury, you may lose your job or even get a permanent disability, making you dependent on the compensation you receive from the offender.
Filing a lawsuit and fighting the legal battle will compensate you for the damages you face. However, paying for the litigation cost is not easy, as it can put a lot of pressure on your pocket. If you don’t have enough savings to cover the cost of legal proceedings, you are forced to forfeit the case or settle for a lowball offer. With a pre-settlement loan in Massachusetts, you get enough money to pay for the litigation and use it to cover medical expenses.
Pre-settlement funding is the first choice for plaintiffs with a pending lawsuit in the court of Massachusetts. Since it is a risk-free cash advance, you must repay it only if you win. And in case the judgment is not in your favor, you don’t need to repay anything. It is risk-free for the plaintiff, but the lender will put everything at risk to provide you with a cash advance, so they choose only the best lawsuit with higher chances of settlement to fund. If you think you have a strong personal injury claim and are looking for a lawsuit loan, apply with us to know whether your lawsuit is eligible for a cash advance.
Massachusetts Pre-Settlement Funding Overview
Plaintiffs who have a pending court case awaiting settlement now realize that litigation is going to cost them a lot as well, and it will take years to reach any settlement. The court experience can be tough if you don’t have much in savings because legal costs and attorney fees can take up all your savings, and you still have to wait for months or even years to actually receive compensation.
In the meantime, you may have to look for ways to raise money for your situation. You can approach a bank, credit card company, or pre-settlement funding company. Bank loans are not easy to get, whereas credit card companies can only lend you if you have a good credit history. However, not everyone has that perfect rating, so pre-settlement funding in Massachusetts is the solution you can go with.
A pre-settlement loan is a financial tool created for the plaintiff’s use. Further, the plaintiff must have a pending court case demanding compensation for the damages they faced because of the accident caused by someone else’s negligence. These are the risk-free cash advances you will get only if you have a strong case. This money you get will be exchanged for the future settlement award you will get after settlement.
Benefits Of Getting Lawsuit Funding
Since you understand Massachusetts pre-settlement funding, it is important to know how it can benefit your situation. Every plaintiff case varies from one another, but pre-settlement funding benefits are going to be common for the most. Let’s check some of the highlights of getting legal funding.
It Is Easy To Get
The lawsuit funding process is quite simple; all you are required to apply for is a pending lawsuit in the courts of Massachusetts. Just fill out the online application with the necessary details, like name, contact number, attorney details, and case-relevant details. Your lawsuit will be evaluated, and based on the merit of your case, you will get the lawsuit loan, which you can get in just 24 hours if the lending company approves your application.
No Credit Checks Required
Since we are funding your lawsuit based on merit, we consider it collateral. Therefore, we never ask for credit checks or proof of income. Once you submit your case details to us, our team will work with your attorney to understand the value of your lawsuit, and based on that, we will offer you a lump sum amount.
You Will Get Risk Free Money
No other lending option, like pre-settlement funding, can offer a risk-free cash advance. Our lawsuit funding in Massachusetts is non-recourse, which means if you win the case, you only need to pay the loan; if you lose the case, there is no need for repayment. This gives you peace of mind since you will not add any debt to yourself, and your cash advance will be taken care of if you win the case.
Types of Lawsuit Allowed for Pre-Settlement Funding
In the state of Massachusetts, pre-settlement funding is legal. If you are a plaintiff with a pending case, you can get a cash advance of up to 20% of your expected settlement value. However, not all kinds of cases are allowed to get pre-settlement loans. Therefore, you must check if your case is eligible for legal funding in Massachusetts. Below is the list of cases against which you can help with low-cost lawsuit loans.
- Car Accident Claims
- Medical Malpractice Lawsuit
- Nursing Abuse Lawsuit
- Mass Tort Claims
- Personal Injury Cases
- Commercial Lawsuit
- Slip and Fall Accidents
Eligibility Criteria For A Successful Pre-Settlement Loan
Anyone with a personal injury lawsuit can apply for a lawsuit loan, but they will only qualify for the cash advance if they fulfill the below criteria
- Applicant’s age is 18 and above
- An applicant is the injurer or the family member of the person who died because of negligence.
- Attorney working on the case is allowed for pre-settlement funding
- The attorney agrees to sign the contract for a pre-settlement loan
- The plaintiff’s case is strong and has a worthy settlement valuation to get a lawsuit loan
- Plaintiff is in no way responsible for the damages and injuries
- You do not have any settlement offer yet
Take Pre-Settlement Funds Now And Pay For Pending Bills
Generally, people with a pending court case have to take care of the legal expenses and their expenses. But because of the situations—like loss of wage or permanent disability—everything becomes difficult, especially the finances. With Massachusetts pre-settlement loans, you can make money before receiving any settlement and pay once you win the case. So stop worrying about the medical bills, legal fees, car repairs, mortgage payments, home rent, etc., and take a pre-settlement loan to cover everything now.
We understand that many plaintiff who are unable to work because of the injury have no other means to fund their lawsuit. They are forced to forfeit the case or take a lowball offer outside court. If you take a cash advance against your pending case, you don’t have to worry about settling for lowball offers. We will provide up to 20% of your expected settlement value as a cash advance. We can offer you a lawsuit loan anywhere between $1000 to $250,000.
If you want to learn more about pre-settlement funding, you can contact us by calling 800-961-8924 or filling out the form below.