Get a loan while waiting for your lawsuit to settle
“It’s been nearly 6 months since my dad was in a car accident. He spent most of that time in the hospital, and he hasn’t had any luck finding work because he’s still recovering from the injury. But the doctor says it will be another month or two before he will be healthy enough to go back to work. “I need to take care of the house,” I say to myself, “but I can’t do it alone.” If we could get money for groceries and gas soon maybe they wouldn’t have to eat cold cereal for dinner tonight. We’re already living paycheck-to-paycheck and now the paychecks are gone. Now the unexpected expenses of medical bills are coming in and destroying our credit.
It would be easier if we could wait for our settlement money to finally come through, but with no income coming in every day feels like an eternity. Luckily, a friend told me about lawsuit loans, and I found this great company called Certified Legal Funding online who are able to give us enough cash so that we don’t have to worry about paying bills while waiting for our settlement money!”
Lawsuit Loans is a term commonly searched in Google for lawsuit case settlement options, but what’s most ideally offered to lift the pressure of settling early isn’t necessarily an unsecured loan. They’re known as legal funding or pre-settlement funds and should be distinguished from loans you pay back with interest that come at high rates per month on credit cards like 24% APR (Annual Percentage Rate).
– Get money to pay bills while waiting for a settlement.
– No credit check, no employment verification.
– Keep your family afloat during difficult times.
– You deserve the best legal representation possible.
Can I get a loan while waiting for a car accident settlement?
Answer: You can get a lawsuit loan if you are the victim of negligence.
You should be able to get a lawsuit loan. You can use your settlement for repayment for loans that you take out during this time. This will make it possible to live off of what’s left of the settlement minus expenses and go through the process without having too much stress.
The benefits include not needing credit or collateral like with traditional financing (this is especially good if don’t qualify). The interest rate will typically be higher than other types of loans, but this may incur less risk because there are revenues guaranteed every year ahead of time by the lawsuit award. It’s also possible that installment payments might be lower or flexible than other loans because they’re not origination fees – only fees based on how much is borrowed which decreases
The Law defining negligence
The Restatement (Second) of Torts defines “negligence” as “conduct which falls below the standard established by law for the protection of others against unreasonable risk of harm.”
Negligence will be charged if someone is hurt or killed on suspicion that they were covered by some type of personal injury policy and needed medical attention because that person did not receive it in an appropriate time frame.
Here is an article for more information on negligence – https://www.law.cornell.edu/wex/negligence
How do I get a loan while waiting for a car accident settlement?
Answer: A lawsuit loan is one option for obtaining funds to cover your living expenses until your legal case is settled. Here are some of the benefits of these loans:
-No monthly payments, no fees.
-Repayments are only made from plaintiffs’ settlements. This means you can take as long as you need to come up with a settlement, without accruing interest or penalties. No risk of default here!
-The web tool Lawsuit Loan Guys uses words like ‘guilt free’ and ‘peaceful’ because personally I find the fact that I have a debt, but I don’t have to worry about it very liberating and peaceful! Again, this could be a lack of personal experience in.