Settlement Loans – What Litigation Funding is and How It Works

Although the term implies it is a loan, settlement loans are actually cash advances given to injured victims who are awaiting settlement and qualify.  Another term for the process, litigation funding, is just what it sounds like – funding for your lawsuit, so that you can live as you normally would and pay your bills while waiting for your case to reach completion.

As an injured victim, you may already realize the financial impact your injuries are having on your live, especially if you cannot work.  Between the medical expenses, lost income, paying the normal monthly bills and buying groceries, you may be going broke.  Personal injury lawsuits commonly take months or even longer to settle; in the meantime, how can you avoid bankruptcy and meet your financial obligations?  Settlement loans are the ideal solution for many who find themselves in this situation.

Settlement loans are easy to qualify for, as long as you have a solid claim.  The litigation funding company will never ask you for information regarding your credit score, past or current employment or other personal data.  All they are interested in are the circumstances surrounding the accident that caused your injuries, and how serious your injuries are.  When the funding company feels strongly that your case will win and knows your attorney supports your claim, you’re likely to qualify for a loan. Learn more about Pre-settlement funding here.

The loan is basically an advance against the money you expect to win in a lawsuit, or through settlement with the defendant’s insurance company.  In most cases, you can expect to receive about 10% of your settlement in advance if you are approved.  While this may not sound like a great deal, several thousand dollars can go a long way toward paying the bills and keeping your head above water.

If you do qualify, you will get your money very quickly.  In most cases, those who are approved for settlement loans get their money within 24 hours, and the process is quick and easy.  You and your attorney will sign off on the application which only asks about the information mentioned above regarding your accident and injuries.  In addition, you only repay the loan when you actually receive your settlement or jury award, so there are no out-of-pocket expenses to add to your financial worries.  If you do not win, you do not repay the funding company – it’s that simple.

You can find out more about settlement loans online, or have your lawyer briefly explain how it works.  Pay your bills, live comfortably and put the stress of worrying about how you can meet your financial obligations aside with litigation funding.

Pre-Settlement Funding – Immediate Cash for Personal Injury Victims

Frequently, victims injured because of negligence settle quickly with the insurance company due to immediate financial issues.  Pre-settlement funding helps you avoid this, as you have the funds to pay your bills and allow your attorney the time to fight for the full compensation you deserve in a personal injury lawsuit.  Essentially, litigation funding is a cash advance against a pending settlement which is given to applicants who qualify.  It is your money, why not have access to it now?

As long as you have a strong case it’s likely you will qualify for a Mayfield pre-settlement funding account.  You may have been injured in a car or motorcycle accident, because of a dog bite or medical negligence, even due to a defective product or slip and fall accident.  Any type of personal injury (injury caused by the negligence of another party) is grounds for litigation financing, as long as your case isn’t frivolous.  Unlike other types of loans, qualifying is a quick and simple process that requires only information related to the accident that left you injured, and your injuries.  Credit standing, employment status and other background information is a non-issue with pre-settlement funding.

Medical costs today continue to soar; you may be unable to continue working for the short- or long-term due to your injuries.  It isn’t long before you have trouble meeting your financial obligations, including medical bills and normal household expenses.  Pre-settlement funding allows those who qualify to get the money you need immediately, usually within 24 hours.  In addition, you only repay the advance if you do in fact win your lawsuit, along with minimal fees and interest.

How do you repay the advance?  There are no monthly payments to worry about.  You will repay the litigation funding company at the time you receive your settlement, so there are no out-of-pocket expenses to make your financial situation even worse than it is.  If for any reason you do not win your lawsuit and are not awarded a settlement, you owe absolutely nothing.  It’s a no risk way to get the money you desperately need, now.

Pre-settlement funding gives you the money to pay your medical and household bills, and the financial resources to help your lawyer build a strong case on your behalf.  Personal injury cases often take months to settle, or even longer.  Through litigation funding, you can pay your bills and live without financial stress while your lawyer fights for the full compensation you are entitled to from those who caused your injuries.

Don’t live under pressure from your creditors or fear of bankruptcy, and don’t settle with the insurance company for a low-ball offer.  Ask your attorney about the advantages of pre-settlement funding, and whether it may be a good option for you.

Pre-Settlement Funding Offers Immediate Access to Your Money Now, Before Settlement

If you’ve been injured and are involved in a lawsuit, you may be finding that the expenses far outweigh your financial resources.  Lawsuits are expensive; you may be unable to work due to your injuries, and the medical expenses are through the roof.  Pre-settlement funding allows those who qualify to get a portion of their expected settlement now, when you need it most.  Settling for what the insurance company offers is not advised, as most only offer a fraction of what you are entitled to.  Litigation funding lets you pay your bills and live comfortably, allowing your attorney to fight a strong legal battle on your behalf.  How does pre-settlement funding work?

The majority of the work is handled between your attorney and the litigation financing company.  An application is submitted regarding the details of your lawsuit, the accident, and your resulting injuries.  You and your attorney will sign off on the application, then submit for approval, which generally takes 24 hours or less.  If approved, you will receive your money immediately, often the same day.  With pre-settlement funding, you will not be asked for information regarding your employment status, credit rating, or about any other personal information.

You are at no risk with this process, because it is non-recourse.  This simply means that you only repay the funding company if you do win your lawsuit and are awarded a settlement.  If you do not win, you do not repay the advance.  It’s as simple as that.

In addition, there are no upfront fees or out-of-pocket expenses to worry about.  At the time you repay the advance after receiving your settlement, you will pay a small fee and interest.  Again, if you do not receive a settlement, you owe nothing – no fees, interest, etc.  Pre-settlement funding is the quickest way to get money you need immediately, without putting yourself at risk financially.  The money can be used to pay household bills, medical expenses, attorney costs and more.

There is no collateral involved with pre-settlement funding; in effect, your pending settlement is your guarantee of the loan.  Litigation funding companies only approve solid lawsuits that are likely to be won, so they feel comfortable they will be repaid before approving the advance.  Frivolous lawsuits will not be considered for a loan.

Is pre-settlement funding something you and your lawyer should consider so that you can have the money you need to live until the time your lawsuit settles?  Only you and your attorney can determine the answer, but it is definitely worth discussing.  Learn more online, and talk to your lawyer right away.  You do not have to live on a shoestring while awaiting your settlement – qualifying is easy.

Pre-Settlement Funding – Pay the Bills and Enjoy Peace of Mind While Awaiting Settlement

When you have been injured because of someone else’s negligence and are awaiting settlement, you may find it’s hard to pay the bills.  Pre-settlement funding makes it possible for you to meet your financial obligations and enjoy peace of mind while waiting for your lawsuit to settle.  Litigation financing, while it may sound complex, is simply a process of obtaining an advance against your anticipated settlement.  It’s your money, and you need it right now; if approved, you can get it within 24 hours!

How much of an advance can you expect with pre-settlement funding if you qualify?  Most funding companies give clients approximately 10% of their expected settlement.  Even if your claim is only valued at $50,000, you can still get about $5,000 if approved.  This would go a long way toward paying those household bills, medical expenses and other costs.  Essentially, you want to make ends meet until your lawsuit reaches completion. With litigation financing, you won’t have to worry about creditors harassing you, or even potential bankruptcy.

How do you know if you will qualify for pre-settlement funding?  Basically, if you have a strong case it’s likely you will be approved.  Because most personal injury attorneys work on a contingency basis today, they will not take a client whose case is considered weak or frivolous, simply because they do not get paid unless the lawsuit is won.  If your claim is valid and solid enough that a lawyer will represent you in court, it’s likely that you will qualify for an advance.

Your attorney will submit the necessary information to the litigation financing company so that they can determine if you qualify.  The information required pertains only to the circumstances surrounding your injuries (car accident, defective product, medical malpractice, etc.) and your injuries themselves.  You will never be asked for personal information such as job status or credit rating.  Funding companies simply want to know that you have a strong, viable claim.

With pre-settlement funding, you will never have to pay any fees or payments out of your own pocket.  You only repay the advance along with any fees or interest at the time you have your settlement money.  If you do not win, you do not repay the loan, or any fees or interest because the process is non-recourse.

Paying the utility bills, buying groceries and providing the fees your attorney needs to fight vigorously on your behalf is now possible with pre-settlement funding.  Speak to your lawyer about litigation financing, and rest at ease while waiting for your lawsuit to complete!

Why Should You Consult with an Alexandria Juvenile Crime Attorney?

An experienced Alexandria juvenile crime attorney understands that when a minor child is arrested or charged with a crime, it affects the entire family.  No parent wants to question how his or her child’s future and/or reputation may be affected.  The stress and fear most parents experience is substantial; what should you do, and what does it all mean for your child?  The first step is to consult with a capable defense lawyer who is highly familiar with and experienced in these types of cases.

Your child may have been arrested for shoplifting, underage drinking, drug possession, or something as serious as carjacking or robbery.  Regardless, it is critical that you contact a compassionate Alexandria juvenile crime defense lawyer right away to ensure the best possible outcome.  Your attorney will work to make certain your child’s legal rights are protected, and that rather than punishment, the focus is placed on rehabilitation.

In all truth, most parents do not know what to do when a child is arrested.  Are your child’s rights being violated?  Will he or she be put in jail, or have a criminal record that will impact his or her future forever?  The police may claim that you do not need a lawyer, but don’t listen.  Police are not you or your child’s friends; to ensure positive results, speak with a seasoned Alexandria juvenile crimes attorney immediately.  Just as adults, children can be prosecuted for crimes – and police or prosecutors may treat them with the same aggressive approach.  If you decide not to contact a lawyer, you are essentially putting your child’s future at risk.

The juvenile justice system in Virginia does focus on rehabilitation rather than punishment, however there are still some very real consequences.  In certain situations, a juvenile may be tried as an adult. It is ultimately the judge who determines the appropriate sanctions, which may include fines, restitution, probation, and more.  Your child may be place in a juvenile correctional center or residential facility upon the judge’s discretion.  It is vital that you consult with a dedicated and compassionate Alexandria juvenile crime lawyer who will work on your child’s behalf and guide you through the process, always keeping you apprised and with your child’s well-being and best interests at heart.

Teenage children are not fully mature emotionally, and often make mistakes without realizing the seriousness of the consequences if they are caught.  Being arrested does not mean that your child is a “bad” child, and he or she deserves a chance for a bright future.  Contact an attorney immediately so that work can begin to protect your child.

What Skilled Kansas City DWI Lawyers Want Those Arrested for Driving While Intoxicated to Know

Kansas City DWI lawyers know that there is far more to being arrested for driving while intoxicated than paying a small fine and receiving a slap on the wrist.  While that may have been the case in the 90s, not so today.  If you are convicted on charges of DWI, there are several penalties you may be facing, the harshness of the punishment depending on the circumstances.  In any case, whether you are innocent or guilty of the charges against you it is absolutely to your benefit to consult with a trusted Kansas City DWI attorney.

Even for a first offense, you may be sentenced to jail time and required to pay hefty fines.  Your license will be suspended, and there is limited time in which you can file an appeal to have it reinstated.  A repeat offender may have his/her vehicle confiscated, either for a determined period of time or permanently.  In order to get your vehicle back, you may be required to pay fines and administrative costs, which can be substantial.

Perhaps the most costly of all penalties is how a conviction for charges of driving while intoxicated will impact your reputation and career.  If convicted, you will have a criminal record.  Most employers frown on this, and may not hire individuals with a black mark on their records.  An experienced DWI attorney in Kansas City also knows that other extenuating circumstances may impact the consequences you face for DWI.  For example, if an accident occurs and someone is injured, penalties will be much more harsh – and you may find yourself facing additional charges.  If a gun is found in your possession, it will likely mean additional charges and enhanced punishment.

A conviction on charges of driving while intoxicated is serious.  Not only do you face possible jail time, loss of your driving privileges and hefty fines, your auto insurance rates may increase, and you may suffer damage to your reputation as well as social embarrassment.  Is it really worth the risk to attempt to represent yourself?  Kansas City DWI lawyers possess intense knowledge of the DWI laws, and in fact are usually more familiar with these laws than the police officer who arrested you.  An experienced attorney knows how to build a strong defense for his client, how to challenge evidence and how to question police officers regarding the arrest in order to uncover any illegal missteps that may have been taken.

Capable DWI attorneys in Kansas City want those who have been arrested for driving while intoxicated to know that you do have choices, and that you should not put your future and freedom at further risk by trying to defend yourself without proper legal representation.  An aggressive lawyer will work to have the charges against you reduced or even completely dismissed.

Lawsuit Loans, a Solution for Injury Victims Who Need Immediate Financial Relief

Anyone who has been seriously injured because of another party’s negligence knows the financial problems that can arise.  Lawsuit loans help you get through during the time you are injured and receive settlement from the insurance company or through a jury award, so that you can pay your bills and live comfortably.  If you are not familiar with what litigation funding is and how it works, this article will simplify things for you.

Most people never think of how their injuries will affect them overall, other than the medical costs.  Certainly you will have substantial medical expenses, but if you cannot work your income will be reduced as well.  Eventually it becomes hard to pay the household bills or mortgage; lawsuit loans help ease the financial stress over the time it can take to get your settlement or jury award, which is often months or even longer.

Will you qualify?  If your claim is a strong one, most likely you will qualify.  Litigation funding companies usually only refuse cases they deem as frivolous.  If you sustained serious injuries that were more than simple bruising or sprains, lawsuit loans are probably a good solution for your situation.  You never have to worry about your credit rating or current employment status, as funding companies do not consider this information when determining if you qualify.  All you will be asked for is information regarding the accident, and the injuries you suffered because of the accident.

Will you have to spend money out of your own pocket?  With lawsuit loans, you never pay any fees upfront, so you don’t have to worry about coming up with fees, payments or other money you simply do not have. You will only repay the loan, along with a small amount of interest and fees, at the time you are awarded your settlement.  If for any reason you do not get the settlement or jury award you expected, you owe nothing because the process is non-recourse.

How much of an advance can you expect?  Because Mayfield lawsuit loans are simply an advance against your pending settlement, most litigation funding companies are happy to advance about 10% to those who qualify.  So, if you expect your settlement or jury award to be $100,000 your advance will likely be approximately $10,000.  This money can be used to pay hospital and doctor bills, attorney fees, to buy groceries or pay household bills.

Why face possible bankruptcy or foreclosure when you are the one who was injured because of someone else’s carelessness?  Speak with your lawyer about the advantages of lawsuit loans, and whether this is a good solution for your situation.

How Important is it to Hire an Arlington DUI Lawyer When Arrested for Driving Under the Influence?

When you have been pulled over and arrested for driving under the influence, it is very important that you contact an experienced Arlington DUI lawyer at once.  Many people think that a DUI is no big deal, but it is!  It is a criminal offense which can affect your life, reputation, and career much more than you might think.

While a first offense certainly isn’t as serious as a second or subsequent offense, you may still face substantial fines, jail time, driver’s license suspension, and possibly an increase in your auto insurance premiums.  A subsequent DUI offense will leave you facing increased fines and jail time, along with other more serious penalties.  Employers today are hesitant to hire someone with a criminal record, which you will have if found guilty.  A skilled Arlington DUI attorney will fight the charges against you in an effort to minimize the damage.

A first arrest often instills fear and anxiety in the individual who is potentially facing charges of driving under the influence.  This is normal, considering you probably have no idea what is going to happen to you.  This is another reason to speak with a defense lawyer as soon as possible.  Your attorney will answer your questions, address your concerns, and explain the process so that you know what to expect.  Together, you and your Arlington DUI defense lawyer can work to determine the most appropriate course of action for your particular situation.

In Virginia, it is unlawful to operate a vehicle with a BAC (blood alcohol concentration) of .08 percent or higher.  Anyone who drives a car while under the influence of alcohol, drugs, or both may be pulled over and arrested if those substances impair the individual’s ability to drive in a safe manner.  Our state has some of the toughest DUI laws in the country; you must consult with a capable defense attorney who will work to ensure your legal rights were not violated, and protect you from serious criminal penalties and potential loss of your freedom.

Ultimately, being convicted of driving under the influence could affect you for the rest of your life.  While it isn’t easy to fight DUI charges, it is possible with the help of an aggressive Arlington DUI attorney.  Don’t risk your employment, reputation, and freedom.  Avoid giving police any information which could further incriminate you, and contact a lawyer at once.  You have a right to remain silent – use it. Contact The Tuomey Law Firm today for a free consultation.

Arizona Slip and Fall Attorneys Work to Hold Negligent Property Owners Accountable for Victims’ Injuries

Arizona slip and fall attorneys know that property owners are required to maintain their properties within reason, making them safe for anyone who may be on the property.  This is law; when a property owner fails to meet these requirements and someone is injured, that property owner may be held liable.  If you have sustained an injury after slipping, tripping or falling on what you consider dangerous property, consult with an Arizona slip and fall lawyer who can determine if you do have a claim and if so, provide you with effective legal representation.

Is there ever an instance in which a property owner may not be held liable if you were to slip and fall?  Yes.  If a condition exists in which the owner had no way of knowing it was dangerous, or no one had ever fallen and sustained an injury before, that property owner may not be found at fault.  Sometimes there are hidden impediments that a property owner may not be aware of.  However, when the property owner knows a dangerous condition exists and takes no action to correct the problem or alert those who will be on the grounds, they may be held responsible for costs related to a victim’s injuries.

There are literally hundreds of circumstances in which a property may put people in danger or at risk.  For instance, a floor that has been freshly mopped or polished in a supermarket may be a risk, particularly if management does not put out caution signs.  Parking lots may be uneven or have dangerous potholes.  Stairwells or hallways may not be sufficiently lit for individuals to see their way.  A swimming pool may not be properly secured so that small children cannot enter, or a sign may not be posted stating that swimmers may be at risk, or that there is no lifeguard on duty.  Regardless of the situation, if you question whether you may have a claim it’s best to talk to a skilled slip and fall accident attorney.

It is always advised that you speak with an experienced lawyer when you believe you have a claim, and never to trust the insurance company to offer you fair compensation.  In fact, you should consult with a competent slip and fall lawyer in Arizona before you speak with the insurance company.  Your attorney can negotiate with the insurance company on your behalf, much more effectively than you could on your own.  If that fails, your lawyer will be ready and capable of taking your claim to court.

You deserve full compensation; as a victim, you will likely face substantial medical costs, pain and suffering, and possibly loss of wages if you cannot work because of your injuries.  A qualified Arizona slip and fall lawyer will work aggressively to ensure that you are fully compensated for the damages caused by negligent property owners.

Pre-Settlement Funding Makes it Possible to Get Cash Immediately for Those Who Qualify

When you or a family member have suffered injuries due to negligence, waiting for months while involved in a personal injury lawsuit can be difficult from a financial standpoint.  Pre-settlement funding can help with household bills, medical costs, and other expenses while you are waiting for the weeks or months it may take your lawsuit to reach settlement.

There are many more costs associated with being injured than most people realize.  Not only are the fees charged by hospitals and doctors astronomical today, you may also be unable to work; time spent in court can affect your income.  Soon, you find that the thought of settling with the responsible party for less than you deserve looks  more attractive all the time.  With pre-settlement funding, those who qualify can avoid settling for a fraction of the compensation they are entitled to.

What is pre-settlement funding?

Also referred to as litigation financing, this is a process in which those who qualify may get an advance, usually about 10%, of the settlement they expect to win.  This money is available almost immediately if you qualify, so you can pay household bills, buy groceries, and meet other financial obligations.

Not a loan, litigation funding requires no collateral; the only factor which determines if you qualify is whether you have a strong case.  The funding company will want the details of your injuries and how they occurred (car accident, defective product, nursing home neglect, etc.) in order to determine if your case is strong and will likely win in court.  Your attorney will provide the necessary information, which will not include personal information such as your credit history, employment status, etc.

One huge advantage for personal injury plaintiffs with pre-settlement funding is that the process is non-recourse.  This means that you only repay the advance to the funding company if you do win your lawsuit; if you do not, you owe absolutely nothing – no fees, no interest, etc.

There are also no out-of-pockets costs or upfront fees, so you never have to worry about spending money you do not have, which would only worsen your financial situation.

Unfortunately, many injury victims are forced to settle with defendants and their insurance company for far less in damages than they deserve.  This can lead to financial disaster; however, for some it seems the only choice is to settle, as personal injury lawsuits are widely known for lasting months or even longer.

Pre-settlement funding is a process you should speak with your lawyer about today.  If approved, the cash advance you receive will make it possible for you to live comfortably and pay your bills while waiting for your lawsuit to settle.