Are you struggling with financial challenges while awaiting a settlement? Fear not; our pre-settlement funding is here to support you. Lawsuits can be costly and time-consuming, but obtaining a cash advance can help you stay on top of your finances. In this comprehensive, step-by-step guide, we’ll show you how to get a cash advance as you await your settlement and court proceedings.
Step 1: Set the wheels in motion – File a lawsuit with an attorney If you’ve sustained injuries due to someone else’s negligence and need compensation, your first step is to file a lawsuit. Engage an attorney who has expertise in personal injury cases. If you’re interested in securing a loan against your pending settlement, it’s essential to have an attorney representing your case. Without legal representation, pre-settlement funding companies may decline your application.
Step 2: Choose your ally with care – Apply with a reputable pre-settlement funding company After filing your lawsuit, it’s time to secure a loan against your anticipated settlement. Seek out reputable companies that specialize in pre-settlement loans and understand your unique needs. You can apply with us or give us a call at 800-961-8924. The loan amount and interest rate will hinge on the specifics of your case, so be prepared to share this information with the lender.
Step 3: A second opinion is always valuable – Have your attorney review the contract When a lender agrees to provide a loan, they’ll send a contract outlining the terms and conditions. Since your attorney is responsible for repaying the cash advance upon a successful settlement, ensure they review and comprehend the agreement. Don’t sign anything until both of you are comfortable with the terms.
Step 4: Assess your options – Decide if the loan is the right choice for you Discuss the loan terms with your attorney and contemplate any potential complexities. Given that you’ll be taking a cash advance against your future settlement, you’ll be relinquishing a portion of your settlement award to the lender, so decide if the immediate financial relief is worth it. If you have questions, seek answers before making your decision. If both you and your attorney agree that the interest rates are reasonable, go ahead and accept the offer. Always consult your attorney before making any decisions, as they possess a thorough understanding of your case’s legal aspects.
By following the steps outlined above, you can secure a cash advance—a form of financial assistance that can help you cover expenses while you wait for your settlement. Stay informed and collaborate closely with your attorney to ensure the best possible outcome.