YDC Lawsuit Loans

Get the Cash You Need During Your Lawsuit with YDC Lawsuit Loans

If you have filed a lawsuit but are struggling financially as you await the outcome, our YDC lawsuit loans can provide some much-needed relief. At ECO Pre-Settlement Funding, we have over 20 years of experience providing cash advances to plaintiffs while their case makes its way through the legal system. Our lawsuit loans, also known as settlement loans or pending lawsuit loans, allow you to get money now so you can pay your bills until you receive your eventual settlement or award.

Overview of Abuse and Government Response

For decades, vulnerable children at YDC were subjected to physical, emotional and sexual abuse by staff members. Despite many reports over the years, the abuse was covered up and allowed to continue. In 2020, the Attorney General launched a full investigation after two former counselors were arrested. The investigation found over 200 victims and evidence of systemic, long-term abuse.

The State of New Hampshire is now offering compensatory payments to victims through a claims process. However, the government also bears responsibility for failing to protect the children in its care. Legal action allows you to hold individual perpetrators as well as negligent institutions accountable.

Understanding Statute of Limitations

For victims considering filing a lawsuit against YDC or staff members, it is important to understand statute of limitations laws which set deadlines for taking legal action.

• In New Hampshire, the statute of limitations for child sexual assault is 22 years. This means victims have until age 40 to file a lawsuit related to abuse suffered as a minor.
• The limit for general personal injury claims is 3 years. However, this timeframe may be extended if the individual has repressed memories of the abuse.
• The statute of limitations can prevent victims from obtaining justice, especially if victims did not feel able to come forward about sexual abuse until later in life.
• While limits exist for civil lawsuits, there is no statute of limitations for criminal charges. Abuse at YDC may qualify as criminal sexual assault, opening the possibility of criminal prosecution.

If you are considering filing a lawsuit, we recommend consulting with an attorney as soon as possible to understand how the statute of limitations could impact a potential claim.

Impact of Abuse and Validating Victims

The trauma of childhood sexual abuse can be devastating to victims, with impacts lasting well into adulthood. The abuse by people in positions of trust likely made you feel powerless and unsafe. Know that you did nothing wrong – the blame lies fully with the perpetrators.

For many victims, pursuing justice or speaking out is part of the healing process. It allows the truth to be heard and provides acknowledgment of the grave wrongs committed. We encourage victims not to suffer in silence and to seek support. You deserve to have a voice and be heard.

Financial Assistance for Victims Of Abuse

The costs of seeking justice can also present barriers for victims. Lawsuit loans, also called pre-settlement funding, allow you to receive cash advances while your claim is being processed or a lawsuit is pending.

Here is how it works:

• Funding based on strength of your case, not credit score.
• Cash payout within 24 hours of approval.
• Only repay if you win – nothing out of pocket if unsuccessful.

If you need immediate financial assistance to cover costs of living, medical bills, or other expenses following the abuse, please call us at 1-800-961-8924 to learn more and apply. We provide trauma-informed support and can get you YDC pre-settlement loans quickly while you await compensation.

How Do Lawsuit Loans Work?

Many people are hesitant to pursue a lawsuit loan because they think it operates like a typical loan. However, our lawsuit loans are not actually loans in the traditional sense but rather cash advances on potential future settlement proceeds. This means there is no credit check or employment verification required on our end.

Here is how our lawsuit funding process works:

• You fill out a simple application requesting a certain amount based on your case details. This allows us to provide a free quote.
• We will evaluate the merits of your case and likely settlement value. This helps us offer competitive rates and customized payment terms.
• If approved, funds can be wired to your account, usually within 24-48 hours. This provides immediate cash to pay pressing bills.
• You only repay the advance if you win your case. If unsuccessful, you owe us nothing. Repayment comes out of the gross settlement amount.
• There are no monthly payments or interest fees. One flat fee is deducted upon settlement disbursement.
• The cash can be used for any purpose without restrictions since these are not loans. Pay medical bills, rent, car payments or other expenses.

The Benefits of Getting Cash Advances on Your Lawsuit

There are many advantages to getting lawsuit loans from our company:

• Immediate cash in hand once approved, often within just 1-2 days. This provides real relief when you need money urgently during a pending case.
• You only make a repayment if you win your case. If unsuccessful, you have no obligation to pay us back anything. This makes the process risk-free.
• There are no monthly payments, credit checks or employment verifications. It is a straightforward cash advance.
• We offer competitive rates and customized repayment terms according to your unique case situation. This ensures affordability.
• Lawsuit loans do not affect your credit score since they are not loans in the traditional sense. We don’t report to credit bureaus.
• You can use the money for any bills, expenses or needs since there are no restrictions or approvals required from us on specific uses.

YDC Lawsuit Loan Amounts and Terms

At ECO Pre-Settlement Funding, our YDC lawsuit loans range from $500 up to $500,000. We can fund cases in all stages of litigation. Here are some more details on our loan amounts and terms:

• We provide lawsuit loans for all types of personal injury and civil lawsuits – motor vehicle accidents, slip and fall, medical malpractice, work injuries, defective products, etc.
• Plaintiffs only can apply. We do not provide lawsuit funding to defendants.
• Repayment of the cash advance is only required if you win your case and receive a settlement. If you lose, our agreement is cancelled with nothing owed to us.
• We provide non-recourse lawsuit cash advances. This means if you receive a lower settlement than expected or $0, you never owe more than the gross recovery amount, no matter what.
• Once approved, you will receive a simple one-page agreement outlining the repayment amount, which is a percentage of the gross recovery depending on case factors.
• There are no fees or charges beyond the stated repayment amount disclosed upfront. The process is transparent.

Getting Started with ECO Lawsuit Funding is Quick and Easy

The process of getting approved for a YDC lawsuit loan from us only takes 3 simple steps:

1. The first step is to apply online at our website or give us a call to request a free, no-obligation lawsuit loan quote. This pre-qualification only requires some basic personal and case information.
2. Within 24 hours of receiving your application and supporting documentation, we will evaluate and make an approval decision about providing a cash advance on your case. If approved, we will let you know the amount and repayment terms.
3. Once approved, the funding can be wired as soon as the next business day if you wish to move forward. Some clients receive funds in their account in less than 48 hours from initial application.

We strive to make the experience as fast and seamless as possible. The cash you need could be in your hands almost immediately.

Frequently Asked Questions About Our Lawsuit Loans

Over the past 20+ years providing lawsuit loans, we have heard a lot of common questions from applicants. Here are answers to some of the key questions:

What documents do I need to apply and get approved?

The main documents we require are your ID, case documentation showing your attorney’s information and details of the lawsuit, and any medical records or bills if relevant. Having an attorney is preferred but not absolutely necessary in all cases.

Who makes a good candidate for a lawsuit loan?

The best candidates are those with strong liability against the defendant, serious documented injuries, and a capable attorney with the resources to take the lawsuit to trial if needed. We advance money based on the case merit.

How much money can I get with YDC lawsuit loans?

Our advances range from $500 up to $500,000 depending on your case details and expenses. We are often able to provide larger advances than traditional lenders since repayment depends on your gross recovery.

How long does the application and funding process take?

You can complete the quick application online or over the phone in minutes. We usually provide a lending decision in 24 hours or less. Once approved, funds are sent within days, often as soon as the following business day.

Does a lawsuit loan affect my credit?

No, our lawsuit cash advances will not impact your credit score. Since these are not traditional loans, we do not check or report to credit bureaus. There will be no effect on your credit.

Can I get a lawsuit loan for a case without an attorney?

While having a lawyer increases the chances of approval, we can sometimes provide advances without attorney representation depending on the case details. Feel free to apply even if you are pursuing a lawsuit on your own.

What if I lose my case?

If you lose your lawsuit and receive $0 in a settlement, our agreement is cancelled and you will never owe us anything. YDC lawsuit loans are risk-free, with repayment only from proceeds if you succeed. If not successful, you have no obligation to us.

We are here to provide much-needed financial support and excellent service during your lawsuit. For over two decades, ECO Pre-Settlement Funding has helped plaintiffs through legal cases with lawsuit cash advances. Our YDC lawsuit loans allow you to cover costs while pursuing the compensation you deserve. To get started with fast, affordable funding, call us or simply apply online today!