Month: December 2023

Texas Lawsuit Loans

Finding a lawsuit settlement loan in Texas has never been easier. Here at Direct Legal Funding, we provide the pre-settlement funding you need to finance your case or everyday finances as quickly as possible.

We handle a wide variety of cases to assist with as many clients as possible whereas other firms only target certain claims. No matter your case, we’ve got your finances covered. No one should have to give up on their settlement because they can’t afford the expensive legal fees or even everyday expenses. With Direct Legal Funding lawsuit loans in Texas, you’ll receive the funding you need to carry on with your case.

Call Today. 866-941-5588

What is a Lawsuit Loan?

If you’ve been injured because of someone else’s negligence, you may be counting on a settlement to cover your medical bills, lost wages, and other expenses. What happens when you find out that your settlement could be months (and in some cases, years) to receive?

That’s where a lawsuit settlement loan comes in. While you’re waiting for your case to settle, you may be unable to work as you recover from your injuries. But that doesn’t mean that the expenses stop piling up. Rent still needs to be paid, you still have to feed your family, and creditors aren’t going to stop calling just because you’re injured.

A lawsuit advance can help you bridge the gap between your accident and when your settlement comes in. You’re likely already under an enormous amount of stress because of your accident—you don’t need the added burden of unpaid bills, persistent creditors, and an empty bank account.

Lawsuit settlement loans are also commonly known as “pre-settlement funding.” Essentially, this type of loan is a cash advance on the settlement you will eventually receive. We don’t ask how you will use the money or keep tabs on you; you can use the money for whatever you may need.

At this point, many people have the same question: what if my lawsuit doesn’t settle? The good news is that pre-settlement loans are non-recourse loans, which means that we can’t seek repayment if your settlement falls through. These things happen sometimes, and we take this risk on when we fund your loan.

Another question people often have: what if my credit is bad/I don’t earn very much money/I don’t have any assets?

It doesn’t matter. Remember, you aren’t paying back the loan from your current assets or your income. Your settlement loan is only repaid from your settlement money! Because of this, we don’t need to verify your income, run a credit check, or make sure that you have the assets needed to make good on your loan.

A pre-settlement loan in Texas can benefit you in a number of ways. First, it takes a huge burden off of your shoulders as you wait for your case to settle. Second, it gives you more flexibility in your settlement timeline. That could actually help you to significantly boost the value of your settlement.

How a Lawsuit Loan Can Keep You from Taking a Low Settlement

If you went back and reread that last line, you’re not alone. Many people ask us how a lawsuit advance could boost their settlement value and protect them from a low settlement.

To start, it has nothing to do with the value of your claim. Your claim is worth what it’s worth, much to the chagrin of the insurance company. However, they are very, very good at diminishing that value. Stalling is one of the techniques they use to accomplish this.

See, insurance adjusters are professionals who process claims week in and week out. They know that many people live paycheck-to-paycheck and simply don’t have the ability to wait around while their attorney negotiates a fair settlement.

Adjusters know that many people will cave early on and take whatever they can get from the insurance company so they can pay their bills. They seek to take advantage of this situation by delaying the process as much as possible, asking for more information and documentation than they’ll ever use, and refusing to budge on their lowball settlement offer.

Lawsuit funding gives you the bargaining power you need in this frustrating process. See, when you have cash on hand to get you through the claims process, it doesn’t matter if it takes your attorney a few more rounds of negotiations to get what your settlement is actually worth. You have the means to put food on the table, cover your kids’ activity expenses, and pay the mortgage. By taking away one of the insurance company’s most effective (and, let’s be honest, most unethical) tactics, you make it a lot easier for your attorney to do their job. Because of this, a Texas settlement loan can actually pay for itself several times over in some cases with the amount of added compensation the borrower ends up receiving

Lawsuit Loans in Texas

If you’re in need of a lawsuit advance in Texas, look no further than Direct Legal Funding. We provide Texas settlement loans to victims of a variety of cases. Direct Legal Funding assists with the following cases when legal loans are required for lawsuits:

• Auto accidents
• Jones Act
• Personal injury claims
• Labor law cases
• Workers’ compensation
• Negligence cases
• Settled cases
• Wrongful death
• And more

Do I Need an Attorney?

You do need to be working with an attorney in order to get a lawsuit settlement loan. This protects everyone involved! It ensures us that your lawsuit is in the process of being settled or going to court, keeps us informed of where it is in the process and gives us a better understanding of what your claim is worth.

On your end, having an attorney protects the value of your claim. Insurance companies know how to take advantage of accident victims, and they use that knowledge to avoid paying them what they actually deserve.

When you work with an experienced personal injury attorney, you can feel confident that they are fighting for the full and fair compensation you rightfully deserve. For easier processing of your application, have your attorney’s contact information ready when you apply, and give them a heads up that you are applying for lawsuit funding.

Texas Auto Accident Lawsuit Loan Regulations

Most settlements that Direct Legal Funding has helped out with in the state of Texas are the result of auto accidents. Car insurance in Texas has certain requirements, and if you don’t have these minimum requirements you may end up in the middle of a lawsuit yourself. As of January 2011, Texas drivers need at least:

• $30,000 liability per accident per person
• $60,000 combined liability coverage per accident (all persons)
• $25,000 in property damage liability insurance

Texas is a tort state with respect to auto accident liability. This means that Texas follows the “proportionate responsibility” rule. This states that the victim of a car accident in Texas cannot recover damages from the other party if he or she is 51% or more at fault for the accident.

Direct Legal Funding provides lawsuit loans and legal cash advances in the entire state of Texas including the cities of:

• Dallas
• Houston
• San Antonio
• Del Rio
• Hondo
• Corpus Cristi
• Amarillo
• Round Rock
• Austin
• Galveston
• And all other cities in Texas

How You Can Use a Settlement Loan

As we talked about earlier, you can use your Texas settlement loan any way you choose. We know that every individual’s expenses are unique, and we want you to have the money you need to get through the settlement process. Our customers use their loans on expenses like:

• Mortgage and rent—the average rent for a two-bedroom home in Texas is $1146 per month, but it’s much higher in our big cities!
• Medical bills; while most providers are flexible with regard to payment for accident expenses, you don’t want your credit to be ruined if some providers demand immediate payment
• Groceries, fuel, and everyday living expenses
• Temporary income replacement
• Debt payments
• Repairs to your vehicle, home, or other property that may have been damaged
• Counseling and other mental health services to deal with the trauma of your accident
• School fees and other parenting-related expenses

This is a hard time, but you do not have to do it alone. With our help and the guidance of your attorney, you can cover your necessary expenses, enjoy some flexibility during the negotiation process, and hold the negligent party accountable. Call us today to start your lawsuit funding application.

Direct Legal Funding Texas Lawsuit Loans

Direct Legal Funding is your source for any lawsuit funding in the state of Texas. We work to provide you with the most affordable rates, so you can carry on with your settlement. With Direct Legal Funding Texas settlement loans, you’ll receive:

• An eligibility assessment within 24 hours
• Non-recourse cash advance lawsuit loans
• Extremely low rates – as low as 2%!

Contact us today to receive more information on our affordable settlement loans in Texas!

Police Brutality

Prominent Cases of Police Brutality in Recent Years

2023 – Tennessee Police Brutality Case

Recently, five former police officers were charged by US authorities for the brutal beating of a Black man “Tyre Nichols” in Memphis. Nichols, 29, succumbed to his injuries from the fatal police assault. On Jan. 7^th, the police officers stopped Tyre Nichols for reckless driving as per a statement released by the Memphis Police Department.

Attorneys representing the victim’s family reported in a statement that the “police brutalized him to the point of being unrecognizable.” This was after Nichols was chased by the five officers. The police officers were fired following an internal investigation that found the use of excessive force and the failure to render aid.

The Memphis officers are facing indictments of aggravated kidnapping and aggravated assault in addition to second-degree murder charges.

2020 – Minneapolis Police Brutality Case

In May 2020, the killing of George Floyd in Minneapolis at the hands of a white police officer was caught on film. The videos spread rapidly sparking mass outrage and waves of protest across the country. Floyd’s death, who was Black, led to a close scrutiny of police brutality and its aftermath.

The attorney for George Floyd’s family stated that the city of Minneapolis offered a $27 million settlement for the federal lawsuit. This is the largest pretrial civil rights settlement ever.

2020 – Kentucky Police Brutality Case

Breonna Taylor’s family was paid $12 million in settlement by the city of Louisville, Kentucky. Breonna Taylor was shot dead by police officers who were acting on a no-knock warrant. The settlement also included stipulated reforms on how police warrants were to be handled.

Winning Police Brutality Lawsuits Can Take a Lot of Time

Police brutality settlements have a history of being substantial. Unfortunately, they also take a long time to settle. It is common for police departments to continue delaying, canceling, and rescheduling hearings. In fact, it is rare for police departments to take responsibility for their actions quickly or to settle fairly.

It can take anywhere from months to years to successfully resolve a police brutality claim and obtain a fair settlement. Your attorneys will negotiate for a settlement that covers your injuries, damages, and loss.

Get the Cash You Need Right Now with Pre-Settlement Loans

You can get low-interest settlement funding from Direct Legal Funding to pay for your rent, buy food and groceries, cater to your family’s needs, settle your medical expenses, and pay for other financial obligations.

Lawsuit Loans Ease the Pressure of an Early Settlement

When you get a lawsuit cash advance for your police brutality claim, you won’t be worried about paying immediate bills. Your attorney will have the necessary time to negotiate with the defendants and fight for your legal rights. When you are not in a hurry to get the settlement money, your attorneys can build a superior negotiation strategy that recovers the financial justice you deserve.

Legal Funding Safe is Safe

Advance on lawsuit settlement is absolutely safe. In fact, experts call a pre-settlement funding arrangement “risk-free” to the plaintiff (the victim of police brutality). Here is what you are assured of when you get money before settlement from Direct Legal Funding:

• All settlement loans are non-recourse.
• Our team doesn’t touch your personal finances or bank account under any circumstances.
• In the event you lose your case, you don’t need to worry about repaying us at all.

Start the Settlement Loan Application Process Today

Our legal funding application process is quick and transparent. You need to fill out the application on our website and provide contact information for your attorney. We don’t take more than 24 hours to determine the eligibility of loan applicants for a police brutality lawsuit cash advance.

We consider each police brutality lawsuit unique. It is helpful for us to determine eligibility when applicants provide the following information when applying for lawsuit funding from us:

• Photos, statements, videos, police reports, and any other evidence that proves your innocence and victimhood.
• Official complaint from the lawsuit.
• Insurance information.
• Medical records if you suffered injuries.

If you are unsure about the application process or have concerns about qualifying for the lawsuit loan, get in touch with our skilled customer service team.

Types of Police Brutality Lawsuits We Can Help You With

Police brutality lawsuits largely deal with the police and may have criminal components. However, Direct Legal Funding only provides lawsuit cash advances where there is a personal injury lawsuit filed against the responsible police officers. This can be owing to any of the following reasons:

Excessive Force

Police brutality claims where excessive force is used are usually the most public cases. The officer’s biases or intentions don’t matter in most cases. The central legal question in these types of lawsuits is whether the amount of force used was reasonable or not.

Malicious Prosecution

These types of police brutality lawsuits are controlled by the Fourteenth Amendment and usually deal with constitutional issues. There are four basic components to these claims:

• Initiation of a criminal legal proceeding.
• Without probable cause.
• With malice.
• and a judgment in favor of the victim.

Failure to Intervene

There are often multiple defendants or multiple responsible parties in police brutality lawsuits. If one law enforcement officer witnesses another police officer violating someone’s civil rights, they have a duty to prevent or stop that violation from occurring. This law means that individual police officers involved in a claim can be held severally liable for the injuries and damages.

False Arrest

False arrest deals with illegal searches and seizures under the Fourth Amendment protections. They are also controlled by the constitution. An officer can be proven responsible in a police brutality lawsuit if they lacked probable cause for believing that the accused had committed a crime or was in the process of committing a crime.

Secure Your Lawsuit Loan with us Today

Money should be the last thing on your mind when fighting a police brutality lawsuit. Direct Legal Funding can help you with a non-recourse cash advance so that you are in a strong position to pursue your claim for damages. When you borrow money for your police brutality lawsuit from Direct Legal Funding, you essentially get a risk-free and competitive rate loan. You don’t owe us a cent if you don’t win your settlement claim.

We are committed to providing an excellent customer experience to all our clients with a simple application process, quick loan approval and disbursement, and maximum client satisfaction. Contact us today by calling (866) 941-5588 or filling out our online form.

Nursing Home Abuse

For Nursing Home Neglect Cases Call (866) 941-5588

When one of your loved ones is the victim of negligence in a nursing home, there may not be a more difficult time in your life. Direct Legal Funding provides lawsuit loans to help meet daily expenses while going through the lengthy litigation process of Nursing Home Negligence Lawsuits.

Our lawsuit loan program is available at market-competitive rates with No Risk to you. Get An Advance Within 24 Hours of your application! Apply for this funding by filling out our online application or call us at (866) 941-5588 to apply for a lawsuit loan. The Process Is Completely Free!

What Sort Of Nursing Home Abuse Qualifies For This Funding?

A common type of nursing home abuse is general neglect. It happens when elderly residents get the type of care and attention needed by nursing home staff.

This general neglect also includes denying necessities like supervision, exercise, food, medical attention, water, and other requirements. There is also severe neglect that leads to repercussions such as skin irritation, bone fractures, starvation, bedsores, malnutrition, dehydration, and unfortunately in some cases even death.

Injuries that qualify for lawsuit loans related to nursing home neglect can include:

• Mental Abuse
• Wrongful Death
• Malnutrition and Dehydration
• Medical Malpractice
• Sexual Abuse
• Bedsores
• Failure to Diagnose Proper Prescriptions
• Falls and Fractures
• Restraint Injuries
• Wandering and leaving the facility

This lawsuit loan will give you the funds you need to help pay your bills while your attorney negotiates a fair settlement for you. You can Pay Us If You WIN your claim, and you Owe Us Nothing if you don’t win your case.

Understaffing Contributes to Nursing Home Abuse

Understaffing takes place when a nursing home doesn’t hire enough staff members to provide adequate, compassionate, and safe care. If federal nursing home figures are to be believed, at least 70% of nursing homes in the US are currently understaffed.

Residents in these long-term care facilities are at a higher risk of sedative overuse, bedsores, urinary tract infections (UTIs), medication errors, and failure to receive timely emergency care because of low staffing levels. There is a clear correlation between the quality of care provided and the staffing levels at a nursing home according to the Institute of Medicine.

Staffing issues generally take place because the owners and managers at the nursing home want to lower their costs and increase profits without considering the repercussions of putting the well-being of elderly residents at risk.

Nursing Home Abuse Claims Receive Large Settlements

According to figures released by Health Affairs, a nursing home negligence or abuse claim in the US usually results in a settlement of about $406,000 on average. Each claim is different and you may receive more or less than this amount. Based on this, in the recent past, there have been several nursing home claims that have settled for more than $1 million.

Recent Nursing Home Lawsuit Settlements

$13 Million for Wrongful Death in Kentucky

This settlement was awarded to the family of a former judge after the nursing home failed to give him his necessary medications, including antibiotics. The infection he was battling eventually took his life.

$8 Million for Sexual Abuse in Washington

The nursing home agreed to this settlement after repeated rapes of a resident by the staff member. The staff member was fired by the care facility, who was also later arrested. However, the damage from these unthinkable acts had already been done.

$6.75 Million for Sexual Abuse in Pennsylvania

This amount was awarded to an 86-year-old woman after she was sexually abused by another resident. She settled even though she won the court trial against the nursing home.

$1 Million for Wrongful Death in Massachusetts

Family members of an 89-year-old woman received this wrongful death settlement after the senior fell in a nursing facility. The staff failed to turn on the alarm that was to sound whenever the woman got up from her bed since she was a high fall risk. The staff could not get the woman to a hospital quickly enough, causing her death.

$740,000 for Elder Abuse and Neglect in Vermont

In February 2020, a Vermont attorney secured this amount for their client for four separate instances of abuse and neglect in an assisted living facility.

$300,000 for Wrongful Death in Virginia

In 2019, the family of a 90-year-old was awarded this amount when she died within 2 months of getting admitted to a long-term care facility. The lawsuit successfully proved that the bedsores were because of negligent staff members.

Nursing Home Lawsuit Funding is Different from a Loan

A lawsuit cash advance or pre-settlement loan is not a loan in the traditional sense. You don’t need to pay back anything unless your case is settled or you win a verdict. Direct Legal Funding requires clients to repay the money only if they win the lawsuit and recover a settlement amount.

If you lose the case and don’t settle, you won’t need to pay the lender any money. Direct Legal Funding provides pre-settlement loans at market competitive interest rates, with a quick and smooth application process, and follows a risk-free lending system.

Get Your Lawsuit Loan in 3 Quick Steps

1. Apply for a settlement loan: Use our short online form to check your eligibility and apply for a loan on your pending lawsuit settlement. We offer zero-risk nursing home lawsuit loans.
2. .Wait for our loan approval :The lawsuit details will be reviewed by our team and discussed with your attorney. We won’t use your credit score as a factor. Many applications get approved in as little as 24 hours. Once you are satisfied with the terms and conditions, you can simply sign the contract and send it back to us. You don’t need to create any third-party accounts or download any apps.
3. Receive the funds you need

You can receive the funds you need in just 24 hours after your application gets approved. Here are a few common funding method options:

• Wire Transfer
• Standard Check
• ACH / Direct Deposit
• Digital Check Emailed
• Western Union

Frequently Asked Questions

Do I qualify for a nursing home lawsuit loan with Direct Legal Funding?

You may qualify for nursing home abuse lawsuit funding if you hired an attorney to represent you for your civil damages claim. Many abuse lawsuits are eligible for pre-settlement funding.

How long till I get my lawsuit loan?

After you sign and return the agreement to us, we will aim to release the funds in less than 24 hours. The process largely depends on the time taken by you and your attorney to complete the documentation and sign the agreement.

How much lawsuit cash advance can I qualify for?

You can request the funding amount you want in the application. We will determine the pre-settlement funds your nursing home abuse case is eligible for by evaluating your case and discussing it with your attorney.

How can I use the lawsuit funding?

There are no specific requirements or conditions for using the settlement loan money. You can use it for covering your essential expenses, such as living expenses, rent, medical bills and others, or even use the loan proceeds for any non-essential expenses you want.

What is the credit score impact of obtaining loans on pending lawsuit settlements?

There is no impact on the credit score or a credit check for obtaining the lawsuit cash advance. There is no risk to you since you don’t have to repay the lawsuit loan if you don’t win a settlement.

How can your settlement funding allow me to win a larger settlement from the defendant?

Personal injury claims can take months or years to resolve. Many victims experience financial difficulties, which compel them to accept a lower but early settlement offer. You can allow your attorney to negotiate from a position of strength or even go to trial when your immediate expenses are covered with a pre-settlement loan. With your ability to wait longer and negotiate patiently, you can take away the insurance company’s leverage.

Insurance companies routinely hold out on settling in the hopes the victim will lose patience and settle for a lower amount. By getting pre-settlement funding for your nursing home abuse lawsuit, you can give your case a real push and advantage for receiving your rightful compensation.

How Can Direct Legal Funding Help You With Nursing Home Negligence?

Each year, there are thousands of reports in the United States about neglect and abuse at nursing homes.

In one out of every ten nursing homes, severe abuse has been reported. It is believed that this increase can be attributed to an increased population of elderly people requiring care—but regardless, it’s a disgraceful situation for everyone involved.

The personal injury lawsuit helps curb this unacceptable behavior, and the victims are compensated for nursing home abuse. Without legal action against negligent facilities or staff members, the problem will only continue to grow worse.

The process is simple to obtain lawsuit funding. Just Fill Out Our Online Application or Call Us at (866) 941-5588.

New York Lawsuit Loans

Lawsuits in the state of New York can be a huge expense. Medical bills and utility bills, along with the time taken off of work can all add up while you wait for your case to settle. Seeking out a settlement can send you into crippling debt, but it doesn’t have to be this way.

If you’re struggling to pay bills in the midst of a lawsuit in the state of New York, there’s no need to give up. With lawsuit cash advance loans in New York, you’ll never struggle to pay another legal fee again.

Direct Legal Funding provides New York cash advance lawsuit loans to people wishing to finish their settlements without breaking the bank. With our low-rate settlement loans, you’ll be comfortable knowing that you can continue on with your settlement.

Types Of Personal Injury Cases Where We Provide Lawsuit Funding In New York

In our experience, you are a strong candidate for a pre-settlement loan in New York if:

• You are the plaintiff in an ongoing or pending personal injury case.
• You have experienced bodily injuries or property damage due to an accident that was not your fault.
• You are represented by an attorney.
• You are struggling to pay for your living and/or medical expenses due to your injuries/property damage.
• Your legal claim is taking a long time to settle.

For a more accurate answer based on your situation, we encourage you to call us at 866-941-5588 or email us at info@directlegalfunding.com. Direct Legal Funding, we provide highly competitive and fast lawsuit settlement loans for a wide variety of personal injury cases.

Auto Accidents and Road Traffic Injuries

Motor Vehicle

It doesn’t really matter if it’s a head-on collision or a fender bender; the majority of bike, car, and truck accidents occur due to negligent driving behavior. Distracted driving, aggressive driving, or driving under the influence of drugs/alcohol can have catastrophic consequences for all parties involved.

These types of accidents can happen with any vehicle, from a small car to a large commercial truck, and injured parties can include both drivers and passengers. The driver who caused the accident due to negligence may be liable held for the plaintiff’s hospital expenses (both current and future), rehabilitation costs, pain and suffering, and lost wages.

Pedestrian Injury

Nearly 300 pedestrians are killed and over 15,000 sustain serious injuries by careless drivers every year in New York. Everybody who has ever been to the Empire State is well aware of the traffic-heavy roads, which should make drivers more vigilant, but that is unfortunately not the case. More than 3,000 pedestrians are admitted to the NY emergency rooms each year.

If you are an injured pedestrian who can prove that your accident was caused by someone else’s negligence, you may be able to sue that individual or their insurance company for compensation. If you’re eligible to file a lawsuit, Direct Legal Funding is here to help fund your case.

Passenger Injury 

In the event of a T-bone or head-on collision, vehicle passengers are particularly vulnerable to deadly injuries. The most common injuries include traumatic brain injury (TBI), neck and head trauma, spinal trauma, broken bones, and lacerations. As an injured passenger in New York, you may have the legal right to file a lawsuit against the negligent driver, even if it means suing the driver you were riding with.

Workplace Negligence and Workers’ Compensation

Construction Negligence

If you are a construction worker in New York and have been injured on the work site due to dangerous conditions or a negligent supervisor/owner, you may be able to file a construction negligence lawsuit. These accidents are generally caused by faulty machinery, lack of proper training, lack of good working equipment, unsafe construction sites, and other perilous work conditions. If a worker gets hurt while at work in NY, they may sue their employer for compensation for medical bills and lost income.

Jones Act (Maritime)

Established in 1920, the Merchant Marine Act (commonly known as the Jones Act) was created to protect maritime workers who sustain injuries at work. According to this act, if you are a sailor and can prove that your accident and injuries as a result, occurred due to the negligence of your employer, you may qualify for compensation.

This is very similar to the Workers’ Compensation cases, where the claimant has to prove their employer’s “at-fault”. If your attorney demonstrates that you have a strong case, Direct Legal Funding will be happy to approve you for a cash advance within 24 hours.

FELA (Railroad) 

The Federal Employers’ Liability Act (FELA) also works similarly to Workers’ Comp. If your lawyer can prove that your employer (i.e., the railroad authority or any other third party) is fully or partially responsible for your railroad accident, you may be able to get a good compensation for your injuries.

Please note that the “burden of proof” in FELA cases is higher than in Workers’ Comp cases. This is why FELA litigation cases usually stretch out for years. But don’t worry, that’s what we are here for. Direct Legal Funding can provide you a cash advance within 2-3 days of applying to help cover your living expenses, medical bills, mortgage payments, children’s school fees, groceries, etc.

Premises Liability and Other Injury Claims

General Negligence (Slip and Fall; Animal Bites; Unsupervised Swimming Pools, etc.)

When you or your loved one are injured because someone else didn’t keep their property or possessions in a good acceptable condition, you may be able to sue them for damages. These general negligence claims cover several types of incidents, such as animal bites, nursing home negligence, homeowner negligence, medical negligence, slip and fall accident in a commercial establishment, defective equipment in an amusement park, pedestrian and bicycle accidents, and many more.

Civil Rights 

A civil rights claim is when someone has been discriminated against based on their gender, religion, race, disability, age, pregnancy, sexual preference, gender expression/identity, or some other factor. When an individual is harassed for any of these things, the “harassment” can take different shapes.

For example, may be you were denied promotion because of your race or gender. Maybe you were sexually harassed and when you reported it to the HR, you were fired for being a “bad employee”.

Just because you weren’t physically injured, it doesn’t mean you can’t take legal action against the harassers. If you live in New York, you can sue the parties who harassed or discriminated against you for psychological damages.

These cases can be difficult if the damage is not physical, but if your attorney thinks you have a solid case, Direct Legal Funding can approve you for a pre-settlement loan within 24 hours.

Police Brutality

Did you know that the New York City paid more than $68 million to settle cases of police brutality and misconduct in 2022? According to the New York Times, the city has managed to lose over $384 million in the last five years to settle lawsuits brought on by excessive force and misconduct behavior by the cops and crime is still plaguing NYC.

Not all cops are bad, of course, not even close, you cannot trust bad mayors, but the relatively poor reputation that the NYPD has earned over the years is not without merit. If you or a loved one were treated unfairly by a police officer in New York, you may have legal ground to sue them. Direct Legal Funding has provided lawsuit cash advances to numerous police brutality victims in the city.

Wrongful Death

A wrongful death claim can be filed by the deceased person’s family member or representative. If you can prove that someone’s negligence was a factor in causing or contributing to your loved one’s death, the New York state laws have got you covered. The most common types of wrongful death claims include fatal vehicle accidents, medical malpractice, nursing home abuse, workplace accidents, defective products, and more.

New York’s Comparative Negligence System for Personal Injury Lawsuits

A motor vehicle registered in the state of New York must have liability insurance. Insurance coverage must be a minimum of $25,000/50,000 for injury, $50,000/100,000 for death, and $10,000 for property damage caused by any one accident. The liability coverage must remain in effect while the registration is valid, even if the vehicle is not used (except motorcycles).

New York assesses damages using a “comparative negligence” system that governs how auto accident cases like are handled. In an auto accident involving two drivers, Driver A and Driver B, both of whom caused the accident.

If it is determined that Driver B was 25 percent at fault, the amount of his compensation will be reduced by 25 percent. So, although you think a driver may have contributed to the accident, that driver may still be eligible for compensation.

New York follows a pure comparative negligence system. With this system, a judge or jury assigns a percentage of fault to each responsible party and then splits up the damage award accordingly. Using this system, an injured person may recover his or her damages even if the injured person was 99% at fault in causing the injury, with those damages reduced by his or her portion of the fault.

New York is a no-fault state: Because the tort (lawsuit) system has led to long and costly court battles over who was at fault and to what degree, policymakers in many states decided to change from a fault-based system to some form of a no-fault system. It is important to contact an attorney who knows accident law and can help you understand your rights.

We understand the huge financial burden that comes along with a lawsuit and we’re here to relieve you of that burden with a pre-settlement lawsuit loan.

Direct Legal Funding Lawsuit Cash Advances in New York

Direct Legal Funding has been providing the people of New York with competitive low-rate lawsuit loans for many years. We believe that no one should fall into debt because of a lawsuit, so we work to make sure that won’t happen.

In the state of New York, we offer:

• Non-recourse cash advance
• Competitive rates
• No monthly payments
• Eligibility assessment within 24 hours

With our New York non-recourse cash advance lawsuit loans, you’ll only pay back your loan if you win your case. If you lose you don’t pay back a dime. Therefore, there’s absolutely no risk involved.

No matter your case, Direct Legal Funding is prepared to supply you with the means to pay your bills.

New York City Borough-Specific Lawsuit Loan Help

We understand the local nuances of the law & can help with lawsuit settlement loans for the following boroughs:

• The Bronx
• Staten Island
• Queens
• Brooklyn

If you believe you would benefit from a lawsuit cash advance, simply reach out to Direct Legal Funding. Our low-rate settlement loans will guarantee financial stability throughout any lawsuit.

Settlement Loans Cash Advance in Florida

Seeking out compensation from a settlement in Florida can put a huge hole in your pocket. From the time needed to take off work to legal fees, lawsuit expenses could send you into crippling debt. Luckily, there’s a way to continue with your settlement pursuit while staying out of debt. 

Florida Lawsuit Loans

Direct Legal Funding offers lawsuit cash advance loans in Florida at affordable, convenient rates. Our dependable Florida settlement loans will help you continue with your settlement no matter the fees. You should never have to settle too soon simply because you can’t pay the hefty fees. Direct Legal Funding works with you so you can pay your bills on time while keeping your settlement on track.

What Type of Settlements Do We Fund?

Any type of accident can leave you out of work, with mounting debt, and without options. That’s where we come in. When you have a settlement or court case pending, we’re here to help you get the money you need while you wait for your settlement to come in.

Some of the cases in which we provide lawsuit funding include:

• Car accidents
• Motorcycle accidents
• Workers’ compensation
• Employment lawsuits
• Medical malpractice
• Defective medical products
• Defective products
• Personal injury
• And more

Wondering if we fund cases like yours? Call us at 866-941-5588 to find out!

You may wonder if you need to be working with an attorney to utilize our settlement loan service. Yes, you do need an attorney to secure a settlement cash advance.

Working with an attorney is crucial for your personal injury case, as it ensures that you are actually getting what you deserve from the liable party. It also gives us the knowledge and background we need to make a decision regarding your loan, determine the pre-settlement loan amount you qualify for, and understand where you are in the process. Once you have hired a personal injury attorney and you have their contact information ready, you can reach out to us right away to begin your loan application.

Car Insurance Laws and Requirements in Florida

Many of the cases we fund in Florida are car accidents. There were over 340,000 car crashes in Florida in 2020, and roughly half of those caused injuries to one or more involved occupants. However, getting compensation for these claims can be confusing, due in part to Florida’s unusual insurance laws and requirements.

Florida’s minimum auto insurance coverage is $10,000 in Personal Injury Protection (PIP) and $10,000 in Property Damage Liability (PDL) as long as you have a valid Florida tag, even if the vehicle is in another state or inoperative. There are no exemptions in the law.

Additionally, if you have been involved in an accident, or have been convicted of certain offenses, you may be required to purchase Bodily Injury Liability (BIL) coverage. These minimum policy limits are relatively low when compared to other states.

Florida assesses damages using a “comparative negligence” system that governs how auto accident cases like are handled. In an auto accident involving two drivers, Driver A and Driver B, both of whom caused the accident. If it is determined that Driver B was 25 percent at fault, the amount of his compensation will be reduced by 25 percent. So, although you think a driver may have contributed to the accident, that driver may still be eligible for compensation.

Florida follows a pure comparative negligence system. With this system, a judge or jury assigns a percentage of fault to each responsible party and then splits up the damage award accordingly. Using this system, an injured person may recover his or her damages even if the injured person was 99% at fault in causing the injury, with those damages reduced by his or her portion of the fault.

Florida is a no-fault state: Because the tort (lawsuit) system has led to long and costly court battles over who was at fault and to what degree, policymakers in many states decided to change from a fault-based system to some form of a no-fault system. In a system such as Florida – following a qualitative not fault – a qualitative threshold states what categories of injuries are considered sufficiently serious to permit a tort such as death, permanent disability, or disfigurement.

The advantage of this threshold is that it removes any incentive to inflate damage amounts artificially to meet some preset monetary loss figure. The primary disadvantage is that broad interpretation by the courts of the threshold can lead to over-compensation. It is important to contact an attorney who knows accident law and can help you understand your rights.

All of this could put a huge burden on you financially. With Direct Legal Funding Florida lawsuit advance loans, you’ll rest assured that you can pay these fees and any bills that are thrown your way during your settlement. 

Direct Legal Funding Lawsuit Cash Advance Loans in Florida

If you’re located in Florida, Direct Legal Funding is the leading provider of cash advance settlement loans. We understand the weighted financial burden that comes along with a lawsuit and we’re here to help relieve you of that burden. Direct Legal Funding offers some of the best rates in the industry to ensure that you can continue on with your lawsuit.

We offer:

• Non-recourse cash advance
• Competitive interest rates
• No monthly payments
• Eligibility assessment within 24 hours

With the help of non-recourse cash advance loans, you won’t ever have to pay back a dime if you lose your case. There’s absolutely no risk. And if you win your case, you’ll pay back the loan at a very competitive interest rate. With security like this, you can rest assured that you’ll never struggle to pay another bill throughout your lawsuit.

If you’re seeking out a lawsuit cash advance loan in Florida, feel free to reach out to Direct Legal Funding. In as little as 24 hours, you’ll know if you are eligible for one of our low-rate settlement loans in Florida.

Benefits of Florida Lawsuit Cash Advance Loans

As you work through your options with your personal injury attorney and consider different funding choices, you may wonder why you should choose a lawsuit settlement loan. Here are just a few of the main advantages:

• There is no risk to you. As we noted earlier, these are non-recourse loans. What does that mean? If your settlement falls through or your court case does not yield a jury award, you don’t have to pay back your loan. We take on all of the risk, while you get to enjoy a sigh of relief as you wait for your attorney to settle your claim. We cannot come after your income, assets, or anything else as repayment for your loan. Credit cards, personal loans, and loans from loved ones don’t come with that safety net.
• Your financial history doesn’t matter. If you turn to a credit card or personal loan to get you through this trying time, be ready to have your financial history analyzed. They’ll want to know your income, your bill history payment, and your existing debts. If you have bad credit, you could be denied entirely. Since your pre-settlement loan is repaid only from the proceeds of your eventual settlement, we don’t even need to run a credit check.
• The process is easy. It literally takes just five minutes to apply for your lawsuit advance. Just let your attorney know you’ll be applying, have their contact information ready, and give us a call.
• Avoid unnecessary fees and extra expenses. We’re upfront with everything that comes with your Florida settlement loan. Don’t worry about unexpected fees and extras tacked on when your settlement comes through. We are completely transparent throughout the entire process.

Perhaps the biggest benefit of choosing a lawsuit settlement loan for your Florida personal injury case is the fact that it can actually protect you from accepting a lowball settlement offer.

A Lawsuit Loan Could Boost Your Settlement Value

Yes, it’s true: a Florida settlement loan could be a safeguard against a low settlement offer. Settlement negotiations take a long time. The more complex your case is, the longer it will take to reach a mutually agreeable outcome.

In general, this isn’t because insurance adjusters are incompetent, overwhelmed, or unable to get to your claim in time. In fact, these delays are often intentional.

Very few people have the savings and assets needed to coast through months of negotiations without income or money for bills. Insurance professionals know this, and they exploit it when it comes to negotiating a settlement.

If they just hold out longer than you and submit insultingly low offers to your attorney every now and then, they know that you’ll likely give up. You need to pay your bills, even if that means taking less than what your accident is worth.

You take that advantage away from them when you get a lawsuit settlement loan for your Florida injury claim. When you’re able to pay your mortgage, utilities, and other expenses, you aren’t waiting on the insurance company every single day. You have the luxury of allowing your attorney to continue negotiations and waiting for them to tire of the process. This gives you the flexibility you need to fight for a fair settlement.

Is it fair that insurance companies do this? Of course not. But until it’s fixed, you need to protect yourself as you wait for a settlement. And one way to do that is to obtain a pre-settlement lawsuit loan.

How Can I Use My Settlement Loan?

One huge advantage of a pre-settlement loan is that you don’t have to use it in any specific way. You don’t need to provide receipts, promise to use it on certain expenses, or otherwise involve us in your private life. You know your needs better than we do, so use your loan to cover these or other expenses:

• Mortgage or rent
• Utilities
• Groceries
• Gas
• Other daily expenses
• Entertainment
• Childcare
• Property damage repairs
• Medical bills
• Debt payments
• Any other needs that arise

When your application is approved, money is deposited into your account within hours. Don’t worry about waiting days or weeks for us to get your payment over to you. You can start paying bills, covering important expenses, and caring for your family immediately.

Choose Us for Your Florida Lawsuit Loan

Our team serves plaintiffs throughout all of Florida, including:

• Miami
• Jacksonville
• Tampa
• Orlando
• St. Petersburg
• Tallahassee
• Cape Coral
• Hialeah
• Port of St. Lucie
• Fort Lauderdale
• Pembroke Pines
• Gainesville
• Miramar
• Palm Bay
• West Palm Beach
• Coral Springs
• Other Florida communities

How Does a Pre-Settlement Loan Work?

Lawsuits can be complicated and stressful, and waiting for the final settlement can take several months or in some cases up to a couple of years. For many plaintiffs in a pending lawsuit, the financial strain of dealing with medical costs, bills that keep piling up, and day-to-day living expenses (while waiting for their case to settle) can be overwhelming. Lawsuit settlement loans can provide much-needed relief to plaintiffs in this situation by giving them a cash advance on their expected settlement amount.

Pre-settlement loans are designed specifically for individuals who are waiting for a lawsuit settlement and need extra money to get them through in the meantime. Lawsuit loans are non-recourse in nature, meaning that they only have to be paid back if the borrower recovers compensation from their lawsuit. If they lose their case, the lender has “no recourse” to collect the loan in any other way.

Pre-settlement lawsuit loans differ from traditional loans in some other important ways as well. For one, there is no credit check or income verification required, because the loan is not based in any way on the borrower’s credit history or their history of paying back prior loans. There is also no collateral required because the “collateral” with this type of loan is the expected settlement amount.

How Does a Settlement Loan Work?

As we talked about earlier, pre-settlement funding is a unique type of financing that is tailored specifically for the needs of plaintiffs who are involved in a legal case. There are minimal qualifications for this type of funding, the repayment terms are simple and straightforward, and the application process is smooth and easy.

Qualifications for Lawsuit Funding

There is not much that is needed to qualify for a pre-settlement loan compared to traditional forms of financing. As we talked about earlier, you must be a plaintiff in a pending lawsuit with an expected settlement – this type of loan is not available to anyone else. Other than that basic requirement, you must also have an attorney representing you in your legal claim.

The reason you need legal representation to be eligible for pre-settlement funding is because of the non-recourse nature of these loans. Since the only way the lender is going to get paid back is if you win your case, they need to know that there is a reasonably good chance that this is going to happen. Toward that end, the lender will need to have a short conversation with your attorney to verify the strength of your claim and other pertinent details.

Lawsuit Advance Repayment Terms

The repayment terms for a pre-settlement loan are pretty simple and straightforward. Payment is due at the time that the settlement amount is received, that’s it.

In some instances, a case might settle within a month or two, while others might take nine months or a year, or longer. In a small percentage of civil claims, the case will end up going to trial, which could stretch the timeframe out to a couple of years or more. Whenever the settlement money comes in, that is when the loan is paid back.

Pre-Settlement Funding Application Process

Obtaining a lawsuit loan is a quick and easy process, and all in all, it can often be completed within just a few days. Here are the basic steps involved:

1. Submit an Application The main step that a plaintiff has to take to start the pre-settlement funding process is to submit a simple application. On the application, we will ask for some of the details of your case, how much money you want to apply for, and how to get in touch with your attorney.
2. Wait for Attorney Verification Once the lawsuit loan application is received, the lender will need to verify relevant information with the applicant’s attorney. We all know that attorneys have busy schedules, so there is always a chance that this step could take a few days or so to complete. Once the lender connects with the attorney and everything is verified, a decision will be made on whether to approve the loan.
3. Receive Your Funds within Hours After the lawsuit funding is approved, the plaintiff can expect to receive their money within 24 hours in most cases.

Who is Eligible for a Pre-Settlement Loan?

Anyone who is involved in a civil litigation case in which they are expecting to recover monetary damages through a settlement or trial verdict may be eligible for pre-settlement funding. This may include those who have pending legal claims involving:

• Car Accidents
• Trucking Accidents
• Motorcycle Accidents
• Pedestrian Accidents
• Construction Accidents
• Railroad Accidents
• Sexual Abuse
• Police Brutality
• Wrongful Imprisonment
• Nursing Home Abuse
• Wrongful Death

If you are a plaintiff who is waiting for an expected settlement and you are working with an attorney, then you may be eligible for a lawsuit advance.

Advantages and Disadvantages of Lawsuit Settlement Loans

There are a number of good reasons for plaintiffs to consider applying for a pre-settlement loan, but this form of financing might not be right for everyone.

Advantages

• No Credit Check: Because there are no credit checks needed to qualify for a lawsuit advance, this type of funding is a good option for plaintiffs with less-than-perfect credit who might not be eligible for a traditional loan.
• No Income Verification: Many injured plaintiffs are not able to work while they are waiting for their lawsuit to settle. Fortunately, pre-settlement funding eligibility is not dependent in any way on whether or not the borrower has income.
• No Collateral: Unlike a home equity loan or pawning your valuable family heirlooms, you will not have to put anything that is important to you at risk in order to obtain a lawsuit loan.
• No Monthly Payments: Repayment of the loan occurs when the lawsuit settlement money is received, which means that borrowers do not have to worry about coming up with monthly payments.
• No Usage Restrictions: With this type of funding, you can use the money for anything you want without restrictions or limitations.
• No Recourse for the Lender: As discussed previously, there is only one way that the lender is paid back with a pre-settlement loan, and that is from the proceeds of the expected settlement. If you lose your case, you owe nothing.
• No Hurry to Settle: Obtaining a lawsuit loan strengthens your case, because it takes away the urgency to settle quickly. By getting the funds you need to get you through this period of financial difficulty, you will no longer be tempted to accept an insultingly low settlement offer from the defendant.

Disadvantages

• Higher Loan Costs: Because they are non-recourse in nature, settlement loans are considered higher risk than more traditional forms of funding. To account for the increased risk, you can expect the loan to have higher costs associated with it.
• Might Not Qualify: Another thing about non-recourse loans is that not every civil litigant will qualify. No reputable lender will issue this type of loan if you are not working with an attorney, and even if you do have an attorney, the lender will still need to be reasonably convinced that the case will end favorably for the applicant.

Ready to Apply for a Pre-Settlement Loan? Contact Direct Legal Funding Today!

If you want to know more about how pre-settlement funding works and/or you are ready to start the application process, contact Direct Legal Funding today by calling 866-941-5588 or sending us an online message. We are here to answer any questions you may have and to help you decide if this type of loan is right for you.

How Can I Get a Loan While Waiting for a Settlement?

Civil lawsuits can take time to go through the process and finalize a settlement. In the meantime, plaintiffs often find themselves in a precarious financial situation. While facing these financial difficulties, many of them ask, “how can I get a loan while I am waiting for a settlement?”

If you find yourself in this situation, there are several options available to you. At Direct Legal Funding, we highly recommend that you apply risk-free for a lawsuit settlement loan. There are many advantages to obtaining a pre-settlement loan, which we will talk about in greater detail later on. But before we do that, we will go over some of the other pre-settlement funding options that you may have.

Exploring Pre-Settlement Loan Options

When it comes to getting a loan while waiting for a settlement, there are a number of different ways to get the funds that you need. Here are some of the options you may be considering:

Personal Loans

Personal loans are a popular option for those seeking a loan while waiting for a settlement. These loans are typically offered by banks and credit unions and can be unsecured, meaning they do not require collateral or secured, meaning that you would put up collateral for the loan, such as your home or a vehicle.

To be eligible for a personal loan, you will typically need to have a good credit score and a stable source of income. The exact requirements will vary from lender to lender, but you can expect to provide proof of income and a credit check as part of the application process.

Getting a personal loan can be difficult for civil lawsuit plaintiffs because even if they have good credit, they are often out of work as a result of the personal injury they have suffered. This means that they would likely not have the stable source of income required to qualify, even if they have some collateral.

Payday Loans

Payday loans are a type of short-term loan designed to help you cover unexpected expenses until your next paycheck arrives. These loans are typically offered by payday loan companies and are based on your income and employment status rather than your credit score.

There are two big problems with payday loans for those who are waiting for a settlement. First, as discussed in the previous point, personal injury litigants are often out of work and do not have a paycheck to borrow against. Secondly, the repayment period for these loans is typically very short, as in you will probably have to pay it back within a couple of weeks or so.

Pawnshop Loans

Pawnshop loans are a type of secured loan where you use an item of value, such as jewelry or electronics, as collateral for the loan. Pawnshops will give you a loan based on the value of the item you provide as collateral, and you can retrieve your item once you have repaid the loan, plus any interest and fees.

While pawnshop loans do not require you to show income or a credit check, they do require you to put up an item of value to use as collateral. And if you are unable to repay the loan during the allotted time period, you risk losing these items.

Peer to Peer Lending

Peer-to-peer (P2P) lending is an alternative loan option where individuals can lend and borrow money directly, without the need for a traditional financial institution. P2P lending platforms match borrowers with investors who are willing to lend money, and the platform facilitates the loan process, including the repayment of the loan.

Plaintiffs will face many of the same challenges with P2P lending as they do with personal loans from a bank or credit union. These loans require a good credit score and a stable source of income, which puts them out of reach for many litigants who are waiting for a settlement.

Cash Advances on Credit Cards

Credit card issuers like Visa and MasterCard allow users to take cash advances through an ATM or directly from a bank. This option can be a quick and convenient way to access cash, especially if you already have a credit card.

The problem is that credit card cash advances typically come with a relatively short repayment period, and while you are waiting for your settlement, it may be difficult to pay back the advance. This could put you into an even bigger financial hole and severely damage your credit score in the process.

Loans From Family/Friends

Borrowing money from family or friends can be a viable option for those seeking a loan while waiting for a settlement. This option can offer more flexible repayment terms and lower interest rates compared to other types of loans.

The problem for many civil lawsuit plaintiffs is that they don’t know anyone in their family or circle of friends who has the available funds to lend them. And even if there is a suitable lender, you may not want to go this route because of the risk of straining the relationship or even permanently damaging the relationship (with that person) if you are not able to repay the loan.

Lawsuit Settlement Loans

A loan through a pre-settlement funding provider such as Direct Legal Funding is one that is specifically designed to provide financial support to individuals who are waiting for a settlement from a lawsuit. Pre-settlement loans are provided by lawsuit funding companies based on the expected settlement amount.

To be eligible for a lawsuit advance, you must have an active lawsuit and you must be awaiting a pending settlement. You must also be working with an attorney who can verify some necessary details of the case in order to evaluate the likelihood that the plaintiff will recover compensation for his/her losses.

The Benefits of a Lawsuit Loan While Waiting for a Settlement

Pre-settlement loans offer a number of advantages for plaintiffs who are waiting for their cases to settle. These include:

• Quick Access to Cash: Pre-settlement funding provides quick access to the funds you need, allowing you to more effectively manage your expenses while you are waiting for your settlement.
• No Credit Check Required: Pre-settlement loans are based on the expected settlement amount from your lawsuit, so a credit check is not required.
• No Repayment Until Settlement: With a lawsuit advance, you do not have to make any payments until your lawsuit is settled, giving you time to focus on your case and recovery.
• Flexibility: Lawsuit funding is a flexible option, as you can use the funds for any purpose, including paying bills, medical expenses, or legal fees.
• No Risk of Losing Collateral: Unlike pawnshop loans or other secured loans, pre-settlement funding does not require collateral, so there is no risk of losing your assets if you are unable to repay the loan.
• Non-Recourse: Lawsuit settlement loans are non-recourse, meaning that you only have to pay back the funds you borrow if you win your case and recover compensation. If things go bad and you lose your case, you are not required to pay anything back.

Perhaps the best reason to apply for a lawsuit loan is what it can do for your case. If you are facing a cash crunch, then you are going to be far more motivated to settle quickly for an amount that is likely to be significantly less than what your case is worth. But if you take advantage of a lawsuit advance, you have a lot more financial breathing room, which allows you to patiently wait for a settlement that represents full and fair compensation for your losses.

Contact Direct Legal Funding Today to Get Started on Your Lawsuit Settlement Loan

If you need money while waiting for a lawsuit settlement, Direct Legal Funding is here to help. Call us today at 866-941-5588 or send us a message here to speak with one of our specialists and/or to apply for your loan risk-free.

Can You Borrow Money From a Pending Lawsuit?

When you are dealing with a lawsuit, it can be a stressful and uncertain time. And during this time, plaintiffs are often facing financial difficulties. Legal proceedings can take months or even years to resolve, which causes many plaintiffs to ask if it is possible to borrow money from a pending lawsuit.

The short answer to this question is, “yes”. You can borrow money from a pending lawsuit, but you must be working with an attorney who can verify that you have a strong case. Lawsuit settlement loans are not given out through a bank, however. You need to go through a reputable lawsuit funding company to borrow money for this purpose.

Phases of a Lawsuit

Before we discuss how to borrow money against a pending lawsuit, it is important to take a step back and look at how litigation works. A lawsuit typically goes through several phases, each with its own set of legal procedures and requirements.

The specific phases of a lawsuit can vary depending on the jurisdiction and the type of case, but they generally include the following:

• Pre-litigation: This is the period before a lawsuit is filed when the parties attempt to resolve the dispute through negotiations or alternative dispute resolution methods. If the parties are unable to reach a resolution, a lawsuit may be filed. This is the phase in which many plaintiffs start searching for ways to borrow money from their pending lawsuits.
• Filing and Service of Process: This is the stage when the complaint is filed with the court and the defendant is formally notified of the lawsuit. This is also commonly known as the “summons and complaint” stage.
• Discovery: This is the stage where both parties exchange information and gather evidence to support their respective positions. This may include the exchange of documents, taking depositions, and other methods of obtaining information.
• Motions: In this stage, either party may file motions to the court, such as a motion to dismiss or a motion for summary judgment. These motions can sometimes determine the outcome of the case before trial.
• Trial: If the case has not been resolved through settlement or motions, a trial may be held to determine the outcome of the case.
• Appeal: If either party is dissatisfied with the outcome of the trial, they may file an appeal to a higher court.

It is important to note that the vast majority (more than 90%) of civil lawsuits are settled before they ever go to trial. But many cases are not resolved during the pre-litigation stage either. Sometimes, defendants do not make a reasonable offer until they know that the plaintiff is serious about going to court, and there have been countless instances in which cases have been settled literally “on the steps of the courthouse”.

If you are a plaintiff who is experiencing financial difficulties, you most likely want to get the case settled and get your money ASAP. But you must understand that the initial offer you receive is likely to be far lower than what your case is worth.

Your lawyer may need to file a lawsuit and go through discovery in order to bring the other side to the table, and as we talked about earlier, this could mean waiting for several months before you get your money. This is where pre-settlement funding can provide you with the funds you need to bridge the financial gap.

How Does Lawsuit Funding Work?

As we touched on earlier, plaintiffs who want to borrow money against a pending lawsuit will need to go through a reputable lawsuit funding provider. This type of financing is different from conventional bank loans in some very significant ways.

The most important difference is that lawsuit settlement loans are non-recourse. This means that the plaintiff pays back the loan from the proceeds of the settlement; and if for whatever reason, the case does not go their way and they fail to recover compensation, the plaintiff does not have to pay back the loan at all.

Because pre-settlement loans are nonrecourse, there is no collateral required, and there are no credit checks needed in order for plaintiffs to qualify. All that is required is that you have a pending lawsuit and that you are working with an attorney. There is also no need for the plaintiff to make monthly payments because again, the loan is only paid back from the proceeds of the lawsuit.

Here are the main steps to securing a lawsuit advance:

1. Submit an Application Submit a pre-settlement loan application with information about your lawsuit, how much you want to apply for, and how to get in touch with your attorney.
2. We Evaluate Your Application Our underwriters will evaluate your pre-settlement funding application and the potential for recovering compensation from your lawsuit. This will include a discussion of your claim with your attorney.
3. Approval and Funding If our underwriters determine that there is a strong likelihood of recovering compensation, you will be approved, and your pre-settlement loan will be funded. The amount that you can borrow against your pending lawsuit will depend on the settlement you are expecting to receive and other details of your case. Once approved, funds will be sent to your bank account within hours.

Need to Borrow Money from a Pending Lawsuit? Contact Direct Legal Funding Today!

Whether you are waiting for funds from a car accident, truck accident, motorcycle accident, wrongful death claim, or virtually any other type of civil lawsuit, Direct Legal Funding is here to help! We know that many plaintiffs face the dilemma of needing their money right away but not wanting to accept an insultingly low settlement offer from the defendant.

With a lawsuit cash advance from Direct Legal Funding, you can get the money you need to tie you over until your case is settled. This allows your attorney to pursue your claim from a position of strength knowing that they can take the case all the way to trial if necessary in order to recover full and fair compensation for your losses.

Call us today at 866-941-5588 or send us a message here to get started.   

Are Lawsuit Loans Worth It?

Lawsuit loans, also known as pre-settlement loans, are a type of financing option available to individuals who are involved in a legal case and are in need of immediate funds. These types of loans provide a way for plaintiffs to receive a portion of their expected settlement before the case is resolved.

Lawsuit loans are worth it for a large number of plaintiffs who are involved with a civil claim. Pre-settlement funding can be a lifesaver for those facing financial difficulties while they are waiting for their settlement to come in. It is important to understand the terms and conditions associated with a lawsuit advance, however, in order to determine whether or not this type of financing is right for you.

At Direct Legal Funding, we have helped countless plaintiffs to get the funds they need to tie them over while their claim is pending. Call us at 866-941-5588 or send us an online message to discuss your case and whether or not a lawsuit loan is worth it for you to apply for.

What are Lawsuit Loans?

Lawsuit loans are advances on the expected settlement from a civil lawsuit, and they are typically provided by specialized lenders who understand the legal system and have experience in assessing the likelihood of a successful outcome. The lender reviews the details of the case and makes a determination on the amount of money they are willing to loan. The loan amount is usually a percentage of the expected settlement and is determined based on the strength of the case and the likelihood of a successful outcome.

To be eligible for a lawsuit loan, an individual must be involved in a legal case (with an expected settlement) and have an attorney representing them. The amount of money offered through a pre-settlement loan can vary depending on the strength of the case, the amount of the expected settlement, and the lender’s risk tolerance.

Pros of Lawsuit Loans

Pre-settlement loans provide much-needed financial assistance for plaintiffs in civil litigation cases who are in a cash crunch while waiting for their settlement money to come in. Here are some of the biggest benefits borrowers receive when they obtain lawsuit funding:

Immediate Access to Funds

The process for obtaining a lawsuit advance is quick and easy. All that is required is for the plaintiff to fill out a simple application with some details of their pending case and the contact information for their attorney. Once the lender speaks with the attorney, verifies the relevant information, and approves the loan, the pre-settlement funding can be issued in a matter of hours rather than days or weeks which is typical with more traditional forms of financing.

No Collateral or Credit Check

With a pre-settlement loan, the borrower does not have to put up any collateral. Approval for the loan is based on the likelihood of recovering compensation through a lawsuit settlement, so there is no need to risk your home, vehicle, jewelry, or anything else of value. There are also no credit checks with this type of loan because it is not based in any way on creditworthiness.

No Repayment If the Case is Lost

One of the biggest reasons why lawsuit loans are worth it for many civil litigants is the fact that they are non-recourse in nature. This means that if something goes wrong and the plaintiff/borrower fails to recover a settlement, they are not obligated to pay back the loan.

No Monthly Payments

Because you are waiting to pay the loan back until your settlement funds come in, a pre-settlement loan does not require you to come up with monthly payments. Once you receive your funding, you can relax and focus on recovering from your injuries and other losses while your attorney works on your claim.

No Usage Restrictions

A lawsuit advance does not come with any strings attached with regard to how the money can be used. You can use the funds to pay your medical bills, catch up on your rent or mortgage, pay your child’s college tuition, or take a vacation. It’s your money, and it doesn’t matter to the lender what you do with it.

Potential to Strengthen the Legal Claim

Perhaps the greatest benefit for plaintiffs that makes lawsuit loans worthwhile is how pre-settlement funding changes the dynamics of the case. Once you have enough money to get you through until your case settles, you no longer need to be in a hurry to get it done with.

This takes away a major piece of leverage that defendants such as insurance companies like to wield. They know that injury victims are often hurting for money, and they will try to use that to their advantage by making a lowball settlement offer. But with the extra money provided by a lawsuit advance, you can afford to let your lawyer build the strongest possible case to pursue maximum damages for your losses.

Cons of Lawsuit Loans

While lawsuit loans can provide immediate access to funds for individuals facing financial difficulties, they also come with some drawbacks:

• Higher Interest Rates and Fees: Pre-settlement loans typically have higher interest rates and other fees when compared with traditional funding options. This is to account for the additional risk involved with issuing a non-recourse loan. Remember, you are only required to pay back the loan if you recover a settlement, so if you lose your case, the lender is at risk of not getting any of their money back.
• Unregulated Industry: Another drawback when considering lawsuit loans is that the industry is largely unregulated. This lack of regulation can make it difficult for plaintiffs to know whom they are dealing with. Because of this, it’s essential for plaintiffs to carefully research and choose a reputable lawsuit funding provider with a proven track record of providing fair and transparent pre-settlement loans.

Is It Worth It to Get a Lawsuit Loan?

Are lawsuit loans worth it? As with most things in life, the answer to that question depends largely on your specific circumstances. Pre-settlement funding can definitely be worth it for many plaintiffs, especially when they are facing financial difficulties and their other borrowing options are fairly limited. But for some, it is not the right option.

At Direct Legal Funding, we are proud of the service we provide for plaintiffs who are involved in a legal case. When you work with us, everything is open and transparent, and you do not have to worry about hidden surprises later on.

We are upfront and honest with you about how lawsuit loans work and the pros and cons of this type of funding, so you can make the most informed decision about whether or not a lawsuit advance will be worth it for you.

Call us today at 866-941-5588 or send us a message here to get all of your questions answered and start your application.