Pre-Settlement Funding in North Carolina

Cash Advance Is An Easy Financial Assistance For Your Expenses

Are you involved in a lawsuit in North Carolina and need financial assistance to cover your expenses while waiting for a settlement? Our pre-settlement funding services might be the perfect solution for you. We have designed a financial solution to provide plaintiffs with immediate cash to cover their living expenses, medical bills, and other costs while they await the resolution of their legal case. This type of funding is non-recourse, which means that if you do not win your case, you are not required to repay the funds.

Pre-Settlement Funding in North Carolina

Benefits of Pre-Settlement Funding in North Carolina:

Immediate Financial Relief: Pre-settlement funding provides you with the financial support you need to cover your expenses while you wait for your case to settle. This can help alleviate stress and allow you to focus on your recovery and legal battle.

No Credit Check or Employment Verification: Unlike traditional loans, our pre-settlement funding company in North Carolina does not require a credit check or employment verification. Your eligibility is determined solely by the strength of your case.

Non-Recourse Funding: Since pre-settlement funding is non-recourse, you only need to repay the funds if you win your case or reach a settlement. If you lose, you owe nothing to the funding company.

No Restrictions on Usage: You can use the funds from pre-settlement funding for any purpose, including rent, mortgage payments, medical expenses, and daily living costs. This flexibility can be a lifesaver when you’re facing financial hardship due to your lawsuit.

No Impact on Your Lawsuit: Obtaining pre-settlement funding from our company does not affect the outcome of your legal case. It merely provides you with the financial support you need to wait for a fair settlement without feeling pressured to accept a lowball offer.

Eligibility for Pre-Settlement Funding in North Carolina:

While eligibility criteria can vary from case to case, some common requirements include:

  • An active lawsuit in North Carolina: To qualify for pre-settlement funding, you must have an ongoing lawsuit in the state of North Carolina.
  • Legal representation: You must be represented by an attorney to be eligible for pre-settlement funding.
  • A strong case: We will evaluate the merits of your case to determine if it has a high likelihood of success.
  • No other liens or funding: You may not be eligible for pre-settlement funding if you already have a lien on your settlement or have received funding from another source.

Our Application Process:

  1. Complete the application: Fill out the application form, providing information about your case and your attorney’s contact information.
  2. Case evaluation: Our company will contact your attorney to discuss the details of your case and evaluate its merits. This step helps our company determine if your case has a high likelihood of success.
  3. Funding offer: If your application is approved, our funding company ECO will provide you with a funding offer. This offer will detail the amount of funding you can receive and the terms of repayment.
  4. Acceptance and fund disbursement: Once you accept the offer, the funds will be disbursed to you, typically within 24 to 48 hours.

Cases Allowed For Lawsuit Loans In North Carolina Are:

In North Carolina, lawsuit loans or pre-settlement funding can be obtained for various types of cases. Some of the most common cases allowed for lawsuit loans in the state include:

  1. Personal Injury: Cases involving injuries caused by someone else’s negligence, such as car accidents, slip and falls, and dog bites.
  2. Medical Malpractice: Claims against healthcare providers for injuries or harm caused by substandard care, misdiagnosis, or negligence.
  3. Wrongful Death: Cases filed on behalf of the deceased’s estate when their death is caused by someone else’s negligence or misconduct.
  4. Product Liability: Claims against manufacturers, distributors, or retailers for injuries caused by defective or dangerous products.
  5. Employment Disputes: Cases involving wrongful termination, discrimination, harassment, or wage and hour disputes.
  6. Premises Liability: Cases where property owners are held responsible for injuries that occur on their property due to unsafe conditions or inadequate maintenance.
  7. Workers’ Compensation: Claims filed by employees who have been injured on the job and are seeking compensation for their injuries and lost wages.
  8. Nursing Home Abuse: Cases involving neglect or abuse of elderly or vulnerable individuals in nursing homes or assisted living facilities.
  9. Motor Vehicle Accidents : Cases involving collisions between cars, trucks, motorcycles, bicycles, or pedestrians, where one or more parties are at fault for the accident.
  10. Construction Accidents: Claims arising from injuries sustained by workers or bystanders at construction sites due to unsafe practices or negligence.
  11. Maritime and Jones Act Claims: Cases involving injuries or accidents that occur on navigable waters, including claims filed under the Jones Act by seamen against their employers for negligence.
  12. Pharmaceutical and Drug Injury: Claims against drug manufacturers, distributors, or prescribers for injuries or adverse effects caused by defective or dangerous medications.
  13. Mass Tort and Class Action: Cases where multiple plaintiffs join together to pursue a single legal action against a common defendant for injuries or damages caused by a specific product, service, or event.
  14. Police Brutality and Civil Rights: Claims against law enforcement officers or agencies for excessive force, false arrest, or other violations of an individual’s civil rights.
  15. Sexual Assault and Abuse: Cases involving victims of sexual assault, molestation, or abuse, including claims against individuals, organizations, or institutions that may be held responsible.

FAQs about Pre-Settlement Funding in North Carolina:

How much funding can I receive?

The amount of pre-settlement funding you can receive depends on the strength and value of your case. We typically offer a percentage of the estimated settlement value, which can range from 10% to 20% or more.

How long does it take to receive funding?

Once your application is approved, the funds are usually disbursed within 24 to 48 hours. However, the entire application process can take anywhere from a few days to a couple of weeks, depending on how quickly your attorney can provide the necessary information to the funding company.

What types of cases qualify for pre-settlement funding in North Carolina?

Pre-settlement funding is available for a variety of case types, including personal injury, medical malpractice, wrongful death, product liability, and employment disputes, among others.

Are there any fees or interest charges associated with pre-settlement funding?

Yes, we charge fees and interest on the funds they provide. These charges can vary from one applicant to applicant, so it’s essential to review and understand the terms of your funding agreement before accepting the offer.

Can I apply for pre-settlement funding without an attorney?

No, you must have legal representation to apply for pre-settlement funding. Because our company requires information from your attorney to evaluate the strength of your case and determine your eligibility.

What happens if I lose my case?

If you lose your case, you are not required to repay the funds provided by our pre-settlement funding company in North Carolina. This is because pre-settlement funding is non-recourse, meaning you only need to repay the funds if you win your case or reach a settlement.

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