Are you waiting to settle a personal injury lawsuit?
DO YOU NEED THE MONEY NOW?
IT’S QUICK AND EASY TO SECURE A LAWSUIT LOAN TODAY
The process of getting a lawsuit loan isn’t complicated or time-consuming. All you have to do is fill out our online application or give us a call, then one of our specialists will guide you through it!
It takes about five minutes from start to finish – including submitting all necessary documents for verification purposes. Once we receive this information from your attorney’s office we can have your approval within 24 hours.
Start your “No Risk” lawsuit loan today.
3 STEP PROCESS TO APPLY FOR A LAWSUIT LOAN:
You apply with no credit check
We discuss your claim with your attorney
We send you funds once approved
What is a Lawsuit Loan?
The idea is simple. There are millions of lawsuits filed every year by innocent victims seeking compensation. Since the victim’s ability to work is often affected as a result of their claim-related injury, plaintiffs usually face serious financial hardships while waiting for their case to work its way through the justice system.
Unfortunately, an average personal injury case in America takes more than a year to get resolved. This is where we come in.
We provide these plaintiffs with a cash advance against the proceeds of their lawsuit, before their case is resolved. Essentially, people who are “plaintiffs” receive money from legal funding firms like us, who take a lien on the proceeds of a future settlement in return for a lawsuit advance immediately.
It’s not considered a loan since the money doesn’t have to be repaid if the lawsuit is lost; this makes it a non-recourse lawsuit advance. A lawsuit settlement loan is usually intended for people who can’t easily get traditional financing.
For example, if you have poor credit or you’re out of work, you most likely won’t qualify for a traditional loan. Plus, a lot of plaintiffs don’t have enough savings or assets to cover the costs of waiting for a settlement. Pre-settlement loans exist for you and people like you who need money but don’t have too many other options for funding.
Here are just some examples of the types of cases for which firms like Direct Legal Funding provide lawsuit settlement loans:
- Car Accidents
- Construction Accidents
- Medical Malpractice
- Premises Liability
- Wrongful Death
- Product Liability (defective product)
Legal Funding vs. Pre-Settlement Loans
In theory, these are completely different terms. A pre-settlement loan is funding for the individual plaintiffs involved in a personal injury case, while they wait for their settlement. But, if you were to search for lawsuit funding, you will see companies like Direct Legal Funding, Tribecca, and Oasis Financial that provide pre-settlement funding.
These companies offer personal lawsuit loans and do not fund the lawsuits themselves. It can be confusing, but if you are an individual who needs money while you wait for your case to settle, you are looking for a company that offers lawsuit loans or pre-settlement loans. Contact Direct Legal Funding and we can help you secure a lawsuit advance to tide you over while you wait for your settlement money to come in.