What Is Personal Injury Pre-Settlement Funding?
If you're struggling with a personal injury, you might need some extra money to get by while your lawsuit or insurance claim is being taken care of. This is where pre-settlement funding can be a big help - it's basically a cash advance, but instead of looking at your credit score or job history, the people providing the funding look at the specifics of your case. Consideration is given to the liability issues, the extent of injuries, the solicitors acting for the claimant and anticipated award. No credit check cash advances are offered with no credit report implication and no questions about your employment. Funding for expenses related to your personal injury claim will be offered to you based on the details of your case. Our reputable law firm can process your no credit check cash advance so you can focus on your recovery.
This product can be used for representation of clients involved in motor vehicle accidents, slip and fall accidents, workplace injuries, premises liability cases, product liability cases, wrongful death actions and any other plaintiff injury related case.
Common Uses for Personal Injury Funding
- Rent, mortgage payments, utilities, and groceries
- Medical bills, prescriptions, physical therapy, and rehabilitation
- Transportation to appointments, work, or court-related obligations
- Lost income, childcare, caregiving, and household support.
What Happens if You Do Not Win?
Improved Funding Solutions focuses on non-recourse funding. That means repayment is tied to a successful case recovery. If your eligible claim does not produce compensation, you do not repay the advance from your own money.
How Lawsuit Funding Differs From a Traditional Loan
A traditional loan usually depends on credit, income, fixed monthly payments, and personal repayment obligations. Lawsuit funding is different because approval is case-based, there are no monthly payments while the case is pending, and repayment is handled from case proceeds if the claim succeeds.
Qualifications for Personal Injury Funding
- An active or recently resolved personal injury claim
- Attorney representation, usually on contingency
- Case information available for review through your law firm
- Potential settlement, verdict, award, or insurance recovery