Tag Archives: lawsuit cash advance

Top Three Reasons Why To Consider A Lawsuit Loan

Lawsuit loans are a simple way in which to get the finances you need when you are struggling with a claim. Claim types vary, and people are harmed every day. Most individuals often do not follow through with a claim, because they do not have the supporting finances to proceed with a case. Why not proceed with the case, using a lawsuit cash advance?

There are many reasons as to why one should consider a lawsuit loan when in need of moving forward with a lawsuit claim. Here are the top three reasons:

You Have Nothing To Lose: Lawsuit loans or legal funding are not returned until the settlement proceeds. This means, that you do not have to pay the amount back monthly, or annually. Legal funding is not just another bill to add to your stack of monthly payables, it’s the cash an individual or family needs to obtain legal representation, go to court, and attempt to receive justice for your case.

As lawsuit funding only needs to be returned after the settlement proceeds, the funding team takes the amount due, plus a fee for the loan right out of your settlement. So this means, not having to come up with a lump sum of cash on the spot.

It Gives You Or Your Family Financial Comfort: When you or a family member is in an accident that harms, or is even fatal, the medical bills can be outrageous. This is considering that the individual has health insurance. Medical bills skyrocket even beyond outrageous if health insurance is not in order. Also, there are instances in which health insurance will not cover your particular injury, but you do wish to proceed with filing a claim.

Lawsuit funding gives a family or individual a chance to fight for their due justice. Time off of work, not being able to afford daycare, or even not having the ability to purchase groceries, are all reasons in which many people are turning to lawsuit funding.

Time: Even as a person heals emotionally, physically or mentally from a tragic incident, the court system and its trials/paperwork can be a lengthy process. There are many situations that may be much like yours, waiting and pending, for settlement and decisions to be made.

Lawsuit funding gives you the opportunity to wait for that settlement, and still have finances available. In using the legal funding for the case and bills that may need to be paid up until the settlement proceeds, you can patiently wait for the process to move at its pace.

Legal funding has become more and more popular over the years, as it gives a person or family: time, financial comfort and truly, you have nothing to lose. Funding can be approved in as little as twenty-four to forty-eight hours. It never hurts to call a legal funding professional to ask if lawsuit funding is the right path for you and your family.

Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit: http://www.smpadvance.com.

Legal Funding for a Wrongful Death Lawsuit

A wrongful death lawsuit can financially devastate an individual, spouse or family, without the proper lawsuit funding to proceed with a case. It is often the situation that a family conclusively settles for far less than the wrongful death is worth financially and emotionally, for the remaining family members. There are several factors that determine a wrongful death, but consulting an attorney regarding laws, regulations and funding information is always in the best interest of the victim’s family or spouse.

What types of wrongful deaths may require pre-settlement funding? A victim’s family may have suffered a family member’s death with respects to: a defective product, medical misdiagnosis, a drunk driver or even an explosion. There are several additional causes of wrongful death, that can be discussed with a lawyer. Each case is different, and is be treated as such, respectively.

The bottom line is that the family or spouse left behind from such a tragedy, not only may suffer financially, but also emotionally. Considering the loss of a companion is a price-indefinite due. Also, if that individual was the head of household, their death may result in foreclosure of a home, loss of vehicle(s), incredible loss of monthly income or lack of proper childcare services.

The immediate funding necessary to complete a formal funeral in itself can also be quite pricey. Remaining medical bills can also lead to a pile of stress, due to collectors consistently calling and mailing information about amounts due. This is not fault of the loved one’s family, but an unfortunate situation they are, in turn, left with.

Legal Funding is an easy way in which to alleviate stress both financially and emotionally after the wrongful loss of a loved one. By calling a legal funding expert, an individual can apply for pre-settlement cash loan that is determined by calculating an estimation of the settlement amount. A portion of that amount is then given to the family seeking retribution for their loved one(s). Getting approved for legal funding can take as little as twenty-four hours, and having the cash in hand can be just as quick.

What are the risks of applying for a lawsuit cash advance? None. Legal funding experts will analyze your specific case, and listen to any information you wish to declare. They will determine how much your settlement will deliver, and give you a portion of that cash as soon as possible. Stresses can be greatly minimized by having the proper funding to distribute to your attorney or legal representative, along with paying all current funds due.

When your case is won, the money can easily be returned to the funding company, along with a fee for the lawsuit loan company. Legal funding is often recommended with respects to wrongful death suits so that family or spouses can pursue what is rightfully due to them. In only having to repay lawsuit funding if you win the wrongful death case, what do you have to lose?

Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit: http://www.smpadvance.com

Lawsuit Loans Explained

Lawsuit loans, also referred to in term as lawsuit funding, is the process of a firm providing a given plaintiff an advance amount of an anticipated settlement for a lawsuit. Additional references that lawsuit loans often go by, are pre-settlement loans, pre-settlement funding, legal funding, or lawsuit cash advances. It is common practice for individuals or even companies to require lawsuit funding or lawsuit loans to take on both large or small cases.

Legal funding is not like any other loan that is common in the bank or funding world. It does not require collateral, so your home, car, boat, etc. do not need to be put forward to receive such funding. Also, in most cases, the lawsuit loan is only paid back if the trial or settlement ends in success. Then the pre-settlement funds are re-paid, often atop a fee for loan.

A lawsuit can take anywhere from months to years for a settlement to occur. If a victim is injured from the claim, they may already have large sums of costs in medical damages, and unpaid time away from work. Most times, lawsuits can also require a great deal of upfront funding to pay for attorney costs, documentation, and additional childcare services.

A lawsuit loan can give a plaintiff a lift from the financial burdens an injury, a claim and all of its existing upfront repercussions. In having the money necessary to file the necessary claim, it often gives a victim the chance to get financial and emotional grievances due. In cases where plaintiffs may not opt to accept a lawsuit loan, they may have to settle for a far lesser value than was owed to them, leaving them in debt, and in settlement for a low and unfair amount.

There are a few common steps to apply for lawsuit funding, or pre-settlement funding. There is often an application that needs to be completed before anything. This application will ask for not only your contact information, but also a full description of the case. This can sometimes be handled over the phone, if you choose to speak to a legal funding company. It is truly dependent on the company itself.

The company often also asks for a release document, and possibly another signed document or two. The entire process can take between twenty-four and forty-eight hours, dependent on the company. After all documentation and application forms, etc. have been received, the funding company will take time to review them. Within a short amount of time the lawsuit funding company will bring forth an offer for the victim, as to how much they will fund, as well as how much the fee will cost when the suit is settled.

Each victim has particular needs regarding funds and their suit. A legal funding company can determine what amounts are necessary for each case. Lawsuit funding as a process is actually quite simple, and can back your suit so you are able to fight for the settlements you deserve.

Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit: http://www.smpadvance.com