Can a car accident lawsuit funding help me get a larger settlement?
If you are a part of a car accident lawsuit, you may be looking for methods that can help you get more compensation money.
Lawsuit funding is the best solution to help you get a larger settlement by giving you enough cash advance as a cushion so that you can reject lowball offers from offenders and insurance companies.
Here’s what you need to know about it.
One thing holding you back from pursuing litigation is not having enough money to pay the costs of hiring lawyers and experts to build your case, paying off your medical bills, and more.
Our car accident lawsuit funding can help you with this problem!
How do you get a larger settlement by using cash advances on auto accident claims?
Auto accidents can have many expensive consequences.
One of these is paying for the auto body shop to repair your vehicle. When you do not have collision coverage, this can make a huge dent in your wallet.
What many people do not know is that there are financing companies that provide auto accident lawsuit funding.
These companies give you money to cover repairs and other costs related to the car wreck, such as medical bills, therapy, missed work and lost wages.
So you don’t need to worry about saving up enough cash from your savings account or waiting for insurance payments.
Why do plaintiffs need funding for a personal injury case?
Car accident lawsuits are one of the most common personal injury cases in the United States. It is estimated that around 100,000 accidents happen every day in America.
Most of these cases go through insurance providers, which pay out settlements to plaintiffs.
There are instances, however, where plaintiffs find themselves with an injury but without adequate funds to cover their medical expenses and for other expenses related to the case, such as lost wages and property damage.
In these situations, plaintiffs can seek financial support by accessing a lawsuit loan or other form of litigation financing until their case is resolved.
This process can significantly shorten their time spent dealing with the trial process and reduce strain on them so they can focus on recovering from injuries sustained during the incident.
How does car accident lawsuit funding work?
Car accident lawsuit funding, or litigation financing, is an agreement between the plaintiff and an investment company to provide cash to the plaintiff for their case as it progresses.
The idea behind litigation financing is that plaintiffs can keep control of their case because they can settle with the defendant for any amount above the value of their award.
One popular version of this service is ECO’s car accident loans.
ECO Car Accident Lawsuit Funding and Financing offer three different forms of investment agreements: reserve, unsecured reserve, and secured reserve agreements.
Ways to Get Car Accident Lawsuit Funding in Minutes
Often, the first thing people want to do after getting into an auto accident is starting their injury and medical treatment.
Insurance carriers will not provide you with your cash advance without proof of damage. To provide that, you need to have pictures and videos of your vehicle, which will be good for court purposes.
After you’ve taken the photos and video, there are three ways you can go about receiving your money advance.
You can use an online litigation funding company, consult with attorneys in person, or speak with one over the phone.
The truth about the myths about settling your case early
Despite what the scaremongers may be telling you, there are definite benefits to settling your case early on in the process.
While some of these benefits are fairly obvious (fewer court dates and less back-and-forth communication), others may not be as clear to you.
But by consulting with your personal injury lawyer, he or she will walk you through all of them so that you can make an informed decision about which route is best for you and your specific case.
Have you been in an accident recently?
Chances are it wasn’t your fault, but now you still face significant financial burdens, especially when your medical bills are piling up and you can’t work.
If this sounds like you, can lawsuit funding help you get the money you need to get back on your feet?
Yes, It Will!