Every day innocent victims are injured or die due to the negligence of someone else. It can be the result of an auto accident, medical malpractice, nursing home negligence, or product liability. When people think of filing a lawsuit, they anticipate the settlement but fail to consider the time it might take to achieve justice. In the battle for monetary damages, insurance companies have significant economic advantages over injured plaintiffs and often use plaintiffs’ economic hardships to their benefit. To help with financial obligations, plaintiffs can deplete savings or borrow the money from family or friends, both risky options. A risk-free alternative is pre-settlement litigation funding.
For plaintiffs with lost income and mounting expenses, litigation funding is sometimes their only access to cash; many victims do not have good credit and/or income to qualify them for a traditional loan. By removing a plaintiff’s financial burden, litigation funding enables a lawsuit to be resolved on its true merits. The best part of all, a pre-settlement cash advance is contingent upon the outcome of the case. That means if the plaintiff loses their case, they do not have to pay the money back. Litigation Funding Corporation does not require credit checks or employment verification. Instead, funding is based solely on the strength of a case. Once approved, funds can be available within 24 -48 hours.
Finances shouldn’t be a pressing concern during a lawsuit. If you have a pending lawsuit and need quick cash to cover outstanding bills, don’t let the wealthy defendants – big business and insurance companies – force you to settle for less than your case is worth. Litigation funding could be the lifeline you need to level the playing field and wait for justice.