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How Long Does a Lawsuit Loan Take in Columbus, OH

A distracted, speeding, or drunk driver on the road loses control of their vehicle, leading to your accident and injuries, and suddenly you find yourself on the receiving end of enormous hospital bills, lost wages, and extended pain and suffering.

Even if you expect to obtain your rightful financial compensation from the negligent driver’s insurance company, it can take a long time to get the settlement money in your hands.

This is exactly what Direct Legal Funding is for. We offer low-interest, no-risk lawsuit loans or pre-settlement cash advances to help plaintiffs (in personal injury lawsuits) get through the difficult period. You can use these loans to pay for your treatment, rent, grocery bills, credit card payments, or anything else you want.

Get Money before Settlement in 24 Hours, through a Lawsuit Loan in Columbus, Ohio

Getting a settlement loan from Direct Legal Funding couldn’t be easier. With years of experience in legal funding, we have streamlined the entire application and approval process to make applying fast and hassle-free.

Here’s how it works:

  • Fill Out the Application: Complete the online application on our website, which takes less than 5 minutes. All we ask for is the type of case you have, and the basic contact information of you and your attorney. There is no credit check or application fee.
  • We Contact Your Lawyer: Once we get your application, we will get in touch with you and your attorney, immediately. We will ask them for a few important documents regarding your case to help us evaluate the merits of your claim.
  • We Approve Your Application: After reviewing the documents and talking to your lawyer, we will know immediately if you are approved for your cash advance.
  • Money is Sent: Once approved, and all documents have been signed by you and your attorney, you can expect to receive your money, often within the same business day.

And that’s it! The process is fast and easy and often completed in the same business day.

If you would like more information on our process and how it works call us today, our number is 866-941-5588.

Is This Legal? Yes

State Law Regarding Pre-Settlement Loans in Columbus, OH

In order to qualify for legal funding in Columbus, you must have retained the services of a contingency-based attorney; you must have an ongoing lawsuit against an insured party, and your attorney must have approved third-party funding. If you meet all these conditions, a lawsuit funding company will likely approve your application within a couple of days.

It doesn’t matter what type of case you have, as long as you are litigating against an insured party in Columbus. Legal funding or lawsuit cash advances are allowed for cases of vehicle collisions, premises liability, defective devices, construction accidents, medical malpractice, personal injury, wrongful death, nursing home abuse, Jones Act cases, and more.

How Soon Can You Receive Lawsuit Funding in Columbus, OH?

A reputable lawsuit loan company, like Direct Legal Funding, can transfer money to you within 24 hours after your application is approved. There are no credit checks or employment history checks to make the process lengthier. All we have to evaluate is the strength of your civil case, which is easy to do once we get the necessary information from your attorney.

Don’t Let Your Loan Approval in Columbus, OH Get Delayed

In some cases, processing the loan application can take up extra time because of the following factors:

  • Undisclosed legal funding obtained from another company
  • Missing or incorrect contact information of your attorney and staff
  • The amount of funding requested, measured against your future settlement
  • The amount of time taken by your lawyer to send your relevant case information and documentation

How can make I help make the process of getting my lawsuit settlement loan go faster?

Here is what you can do to make sure the process goes smoothly:

  1. Tell your attorney that you want to obtain a lawsuit loan. This way, they will be ready with the important paperwork we need to review your application. 
  2. Have your attorney or paralegal’s name, email, and phone number available, so we can quickly get the documents we need for your approval. If you are working with an assistant at the office, make sure to have their contact information as well.
  3. Please ask your attorney to respond to our enquiries on a timely matter. We cannot do anything until they respond to the emails from Direct Legal Funding.
  4. Remember, the sooner we receive the needed documentation from your attorney, the faster you receive your money.

Statistics on Car Accidents and Injuries in Columbus, Ohio

Each year in Ohio, thousands of accidents occur on our roads, causing deaths and injuries that impact entire communities. While no one expects to be involved in a collision when they get behind the wheel, the unfortunate reality is that the average driver is involved in at least one accident in their lifetime. 

In 2021, there were more than 22, 550 total car crashes in Columbus, out of which 117 resulted in fatalities and over 8,000 resulted in extensive injuries. According to the Ohio Department of Public Safety (ODPS), more than half of all traffic accidents in Ohio occur during daylight hours, and over 35% of fatal accidents involve alcohol. 

What is the Average Cost of Healthcare in Columbus, Ohio? 

Columbus is one of the best cities to live in the country and the healthcare costs are a big reason for that. The average monthly cost of health insurance is $375, which is about 1.4% below the national average. While cheaper than in other major cities, these costs can quickly add up when you have to get surgical treatments and expensive prescription medications on an ongoing basis.

Previous Personal Injury Cases in Ohio

A woman was hit by a Dodge Viper driving over the speed of 100 mph and died due to her injuries. Her family sued the driver for wrongful death, receiving $2.8 million in a settlement. In another instance, a Delaware County resident was driving his motorcycle on his way home when he was struck by a distracted driver; he received $85,000 to settle the case.

Dangerous Intersections and Roads in Columbus, Ohio

Did you know that Columbus has one of the highest numbers of dangerous intersections where accidents are a daily occurrence? Here are some of the deadliest roads in the city for pedestrians as well as drivers:

  • Karl Road and Morse Road
  • Hamilton Road and Livingston Avenue
  • Cleveland Avenue and Morse Road
  • Cleveland Avenue and Dublin Granville Road
  • Hilliard Rome Road and Renner Road
  • Main Street and McNaughten Road
  • Roberts Road and Hilliard Rome Road
  • Cleveland Avenue and Hudson Street
  • Broad Street and Reynoldsburg New Albany Road
  • Morse Road and Westerville Road
  • Dublin Granville Road and Maple Canyon Avenue
  • James Road and Broad Street

Prominent Hospitals and Medical Centers in Columbus, OH for Injured Victims

If you have been injured in a car crash, a slip-and-fall accident, or any other type of accident, make sure you get the medical attention you need in a timely manner. Here are some of the leading hospitals in Columbus:

  • OhioHealth Riverside Methodist Hospital
  • OhioHealth Grant Medical Center
  • Mount Carmel East
  • Select Specialty Hospital – Columbus
  • The Ohio State University Wexner Medical Center
  • OSU James Hospital
  • Ohio State East Hospital
  • OhioHealth Doctors Hospital

Apply Today for a Loan on you Pending Lawsuit Settlement with Direct Legal Funding

You have a lot of options when it comes to lawsuit loans in Columbus, but if you’re looking for low-interest and non-recourse funding (no collateral required), contact Direct Legal Funding. Our application process is completely digitalized and once you fill out the form, we take care of the rest. We can also assist you over the phone with your application.

Your urgent financial obligations are not going to wait for your final lawsuit settlement, and neither should you. Call us at 866-941-5588 or contact us online to get the ball rolling today.