Suppose you are facing financial trouble while you are in between a legal battle in Los Angeles, where you are the victim and demanding compensation. We can help you. We provide Los Angeles pre-settlement funding if they want money to fund their lawsuit and pay for medical care. Since legal cases can drag on for months and years. The need for money is obvious.
Pre-settlment funding is one solution for the plaintiff with a pending lawsuit and needs money to cover the expenses. It can assist you while you are awaiting settlement and need funds to pay for the bills that are piling up due to the ongoing settlement. Based on the expected settlement value, you can get between $1000 to $100,000 as a cash advance.
Most of the pre-settlement funding process will include your attorney. So you can relax, as most of the documents we will require will be provided by the attorney representing you. Further, if you don’t have an attorney, getting a cash advance in Los Angeles is impossible. Since the attorney’s consent is necessary, we can only provide you with lawsuit loans.
Understand Los Angeles Pre-Settlement Funding
Pre-settlement funding is a way to get cash before settlement; you can use it freely in any way you want. No monthly repayment is required in legal funding, and you need to repay only if you win. Recently, in Los Angeles, California, we have seen a rise in the number of applications because of the number of cases getting dragged on in court. As the population is on the rise, the number of accidents is getting higher, and all people who suffered from injuries because of the other person’s negligence are filing cases and options for legal funding.
Why are more and more Angelenos turning to this option? Simple. Life doesn’t hit pause when you’re in the middle of a lawsuit. Rent, medical bills, and groceries don’t care for your court schedule. Pre-settlement funding in Los Angeles gives you a financial cushion, so you don’t have to worry about expenses while in the middle of the lawsuit. Getting a cash advance is much easier than a bank loan. You need to apply for a settlement loan; our internal team will do a case analysis, and based on the merit of the lawsuit, we will provide you the money against your lawsuit in less than 24 hours of approval.
As the cost of living is getting higher in Los Angeles, sustaining life without a job can become tougher. We understand that a personal injury or car accident can put you off work for a while. In certain situations, you may suffer permanently disabled, and you won’t have any income source other than hoping for compensation, which is still not in sight. Now, with legal funding in Los Angeles, you can tackle the financial crisis without taking any risk. Since you only have to repay the loan once you win the case. If you lose, you don’t have to pay for anything.
Here’s how it typically plays out: You apply for funding, we review your case, and if it looks solid, we advance you a portion of your expected settlement. When your case wraps up, you pay back the advance plus fees from your settlement. No settlement? No repayment. It’s that straightforward.
This kind of financial cushion can be a real game-changer in Los Angeles, where the cost of living is as high as the Hollywood sign. Whether you’re dealing with a car accident on the 405, a slip-and-fall at your local grocery store, or a workplace injury, pre-settlement funding could be the support you need to see your case through to the end.
Who Can Get Los Angeles Pre-Settlement Funding?
Those who are victims of injuries caused by someone else’s negligence and have a pending lawsuit against them are eligible to apply for lawsuit loans in LA. These cash advances are only for the plaintiff, not the defendant. Those facing financial trouble caused by ongoing litigation and medical care can get pre-settlement funding. There are a few criteria that you need to meet to get a cash advance. Let’s check them out.
- You have a pending lawsuit in LA
- You are the victim of an injury caused by someone else negligence
- The injuries and damages that you have faced are severe
- An attorney is representing your case in court
- The law firm or attorney that you hired is working on contingency fees
- Your attorney gives the consent and allows pre-settlement funding for your case
Since not every case can get pre-settlement funding, you can check below the list of cases that are eligible to get a settlement loan in Los Angeles:
- Personal injury claim
- Car accident lawsuit
- Premises liability cases
- Faulty product claims
- Civil rights violation cases
- Racial discrimination claims
- Mass tort lawsuit
If you don’t find your case type, you can check the complete list of cases we fund. Even if your case type is not listed, you can still apply. Let us understand your case better. You may also get a cash advance if the case is ethically approved for pre-settlement funding.
Need Financial Backup During Litigation; Get Pre-Settlement Funding in LA Now
ECO pre-settlement funding is one of the oldest legal funding providers in LA. We have been funding cases and helping plaintiffs for more than a decade. We understand your requirement and the urgency behind it. Therefore, we have a very simplified process of getting pre-settlement funding in California. We understand the legal language, and if your case has the merit to win and get compensation, we can help.
We understand that you can win the case eventually, but who will take care of your financial requirements right now? That is where we can help you with our low-interest pre-settlement loans. You can get risk-free funds. Since our cash advances are non-recourse finance, you only repay if you win; if you lose, you don’t pay anything.
Our company knows the plaintiff’s frustration when the case keeps dragging, or the defendant tries delaying tricks against them. Even a lowball offer can be frustrating if you hope to get fair value for the damages you face. With a pre-settlement cash advance, you can easily level the playing field. You can wait for months and use our cash advance until you receive a fair settlement value.
We provide Los Angeles pre-settlement funding, which is not just about money. Our mission is to assist plaintiffs and give them the peace of mind and financial stability they need during a challenging time. We are determined to level the playing field and ensure they have the resources to seek justice. And that’s exactly what we’re here to help them do. If you want to learn more about pre-settlement funding, you can contact us via our online channels or toll-free number 800.961.8924.