If you face any injury or damage because of the other person’s negligence, you can file a lawsuit against them and ask for compensation. Filing a case is easy; all you need is to hire an attorney and let them know about your whereabouts. Problems arise when your case keeps dragging on for months, and you are left with no money to cover the litigation expenses. New Jersey pre-settlement funding is a cash advance prepared for the plaintiff’s use. You can get the money urgently to cover your lawsuit expenses and repay only if you win.
Are you waiting for the case to settle and currently suffering from financial problems? Pre-settlement funding is the financial support that you require urgently to pay the bills that are piling up. We understand that personal injury can lead to loss of wages and disability, leading to severe financial problems. New Jersey lawsuit loan is the best economic tool to cope with the challenge while you are in personal injury.
Currently, litigation expenses are on the rise in New Jersey, and with cases getting delayed for years and months, the need for a lawsuit loan is obvious. Plaintiffs generally didn’t think of having a case continue for years. In the middle, many are frustrated because they have no money to cover the lawsuit expenses. Either they forfeit the case or agree to settle for low.
Now, you can get pre-settlement funding in New Jersey. You can use the money to cover your litigation expenses, reject lowball offers, and have financial stability during the ongoing case without any worries. We are not offering any debt. We are financing your lawsuit, and you need to repay the amount once you win the settlement.
New Jersey Pre-Settlement Funding Overview
As the court case continues, the plaintiff starts to notice that this is going to take months or even years to settle. Not everyone has a plan for these situations. We understand that cash shortage is the biggest reason many plaintiffs have no way to fight for justice. So, we decided to help the plaintiff with a simple cash advance termed pre-settlement funding. It is a financial tool designed only for people who have a lawsuit and need funds to keep up with the lawsuit expenses. These cash advances are only for the plaintiff and not the defendant.
If you are the victim of an injury that was not your fault, you only become eligible to get pre-settlement funding. You can use these cash advances without any obligations. Further, they are non-recourse funding, which makes it the risk-free method to get money against your lawsuit. Its non-recourse feature is making these financial options very demanding in New Jersey. Many plaintiffs want a pre-settlement loan against their lawsuit because they are risk-free money.
Since the complete risk bearer here is the legal funding company, we have a qualification criterion and a process to approve pre-settlement funding in New Jersey. If you have an ongoing lawsuit where you are the victim of no-fault injury, only you can apply for a cash advance. You must have an attorney representing you in court, and the attorney must be working on contingency fees. Further, your attorney’s consent is a must to get lawsuit loans.
Once you apply with us, our team will contact your attorney to understand your case. We will ask for the case-related points, such as the case’s merits, the expected settlement time, and the lawsuit’s worth. Also, we will analyze your case internally. Based on the assessment, we will determine the amount we can fund. Following this, we will provide you with a contract for our funding. After you and your attorney provide us with the signed copy of the agreement, we will give you same-day pre-settlement funding.
What Benefits Plaintiffs Get From New Jersey Lawsuit Loans?
Now that you understand pre-settlement funding, how it works, and how to get one, knowing if they will help your case is essential. Many plaintiffs don’t know the advantages they will have if they take a pre-settlement loan against their pending court case. Below are some of the most common benefits we have seen the plaintiff get:
Quickest Way To Get Cash Against Lawsuit
Pre-settlement funds are one of the quickest solutions to getting cash for your pending lawsuit. Traditional lenders must undergo various verifications, such as credit checks, employment status, and collateral. On the other hand, our pre-settlement company only needs a strong case pending in the New Jersey state court. Further, our application process is simple, which makes it the quickest way to get money for your pending settlement. Even eligibility is simple; you are eligible if you are a plaintiff with an active case. To apply, you need to fill out an online application form. Our team will connect with your attorney to understand the case. We will retrieve the case document from your attorney, and based on our evaluation, we will provide you with a cash advance based on your case strength.
Credit Rating Doesn’t Matter
Your financial history has nothing to do with the legal funding process. Only your current active lawsuit will determine whether you will get the cash advance. Our company never asks for collateral, and we consider the pending court case as collateral. Based on its merit, we offer you a lump sum. Neither your credit rating nor work history will affect the funding. We give you cash advances based on your lawsuit; you can get up to $500,000 depending on the expected settlement value. Further, no credit checks and collateral reduce the paperwork and make getting cash advances for your lawsuit hassle-free.
Risk-Free & Legal in New Jersey
In New Jersey, lawsuit loans are legal and completely risk-free. We only provide settlement loans, which come with a non-recourse funding feature. Since you are getting cash advances based on the merit of your case, your lawsuit will be collateral for us, making it the safest way to get money if you need cash during an ongoing trial. Here, you need to repay the loan if you win. And if you lose, or the settlement never happened, you don’t have to pay us anything. In short, “You Win, You Pay,” “You Lose,” and “We Lose.” This makes pre-settlement the only risk-free way to get settlement money now, even before any actual settlement.
Helps You Avoid Low Ball Offers
Whether you are in a personal injury case or some commercial litigation, the party at fault will try everything to extend the settlement date. Big companies have a lot of financial backups and extensive legal advice, through which they try all kinds of tactics to delay the case result. They will play dirty tricks to make you run out of cash and make you unable to continue with court proceedings. You will have no option but to forfeit the case or settle for less. With New Jersey pre-settlement legal funding, a plaintiff with a strong lawsuit gets urgent approval for cash for their lawsuit proceeding. You can use the money to cover the litigation expenses without any worries. Now you can wait until your final settlement without being forced to settle early.
Need Lawsuit Loans in New Jersey? Apply Here For Quick Funding.
Type Of Cases Eligible For Pre-Settlement Funding
Not all kinds of lawsuits can take pre-settlement funding in New Jersey. There are a few common cases in which a lawsuit loan can be obtained. Before applying, it is better to know if your case will get a cash advance. Below is the list of case types against which you can get legal funding:
- Car Accident Cases
- Personal Injury Claims
- Wrongful Death Cases
- Lawsuit of Defective Drug
- Medical Malpractice Claims
- Mass Tort Lawsuit
- Commercial Litigation
We also provide cash advances to attorneys and law firms, as well as plaintiff financing and surgery financing. If you do not see your case type here, check the complete list of cases we fund. Even then, if you are unsure about your lawsuit, call us at 800-961-8924 or apply online. Our team will handle your application and help you with all the necessary information. If you are an attorney in New Jersey and you are facing financial problems because your case is getting delayed settlement. We can help you with attorney funding in New Jersey.
How To Use Pre-Settlement Lawsuit Loans?
Since we provide no obligation pre-settlement cash to the plaintiff with ongoing cases in New Jersey. You can use the money however you want to. Here are a few ways that you can effectively use the presettlement cash:
- Medical expenses
- Loan repayment
- Car fixes (in case of auto accident lawsuit)
- Surgeries (in case of personal injury lawsuit)
- Pay regular bills like gas and electricity bills
- Cover your expenses while you are out of work due to an injury.
What Is The Cost Of Lawsuit Loans in New Jersey?
Every lawsuit type is different, so putting a single interest rate on all will be an injustice. So, our interest rate varies from case to case. But we assure our client that we offer lawsuit loans with lowest interest rate. Our mission is to reduce the financial trouble of the plaintiffs in New Jersey by delivering them with the best option to raise money for their lawsuit. We must first understand your case to give the exact interest rate value. Only after thorough evaluation will we offer you the funding. But here are a few factors that affect the interest rate of settlement funding:
- Your case type
- Strength of the case
- The severity of the damages caused to the plaintiff
- Expected value of the settlement
- Expected time it will take till settlement
- Needed loan amount
Contact Now For Quick Cash Advance in New Jersey!
Need Pre-Settlement Loans in New Jersey? Apply For Free!
We are one of the oldest providers of pre-settlement funding in New Jersey and the whole of the United States. We have been helping plaintiff with quick and easy cash advances to secure their justice for over a decade. If you are a victim of an injury that was not your fault, and you have an active case against the offender so that you can get compensation, you are eligible for pre-settlement loans.
We understand that a plaintiff must pay multiple expenses during an ongoing litigation. In case you have no job left because your injury caused you physical damage and disability, covering those medical bills and litigation fees can be tough. Therefore, you must get New Jersey pre-settlement funding to have enough money to cover your expenses and focus on recovery rather than worrying about finances.
Since nothing comes for free, pre-settlement loans come with an interest rate based on the expected tenure of the final settlement. But you do not need to worry about the debt since we are not offering an actual loan. Here we are, financing your lawsuit. In exchange, you agree to share a portion of your future settlement award once you win the case. Further, you only need to pay us back if your case settles; if you lose the case, you do not have to pay us anything. To know more about pre-settlement funding and to ensure you get financial support during an ongoing trial, contact us at 800-961-8924.
Different New Jersey Cities We Serve
If you have an active case pending in court where you are the victim of an injury and you are asking for compensation via legal proceedings, you are eligible for a cash advance. Our company has been helping plaintiffs from all over New Jersey. Whether you live in Jersey City, Lakewood, Edison, or any other city in New Jersey, you can get a pre-settlement loan. Below is the list of cities in which you can get pre-settlement lawsuit funding:
Newark | Jersey City |
Paterson | Lakewood |
Elizabeth | Edison |
Woodbridge | Toms River |
Hamilton township | Trenton |
Clifton | Cherry Hill |
Brick | Camden |
Bayonne | East Orange |
Passaic | Franklin township |
Old Bridge | Middletown |
Gloucester | Union City |
Piscataway | Vineland |
Union township | Jackson |
Irvington | North Bergen |
Hoboken | Parsippany-Troy Hills |