Serious injuries often lead to outrageous medical bills. When the injuries affect the victim’s ability to work, the out-of-pocket expenses alone can create a mountain of debt. Forced into a corner, plaintiffs may settle too soon, deplete savings, place expenses on credit cards or mortgage their home just to make ends meet. Soon, they find themselves in further debt. Pre-settlement funding can give plaintiffs an avenue for relief.
The benefit of pre-settlement funding is that, unlike a bank loan, there are no monthly payments or out-of-pocket expenses. Another benefit is that bad credit and unemployment will not affect the approval process. Funding can be approved in as little as 24 to 48 hours, because the only qualifications are that an attorney represents the plaintiff and the case has merit.
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If you are a plaintiff in a pending lawsuit, unable to work and have limited financial resources, pre-settlement funding may provide the time and financial comfort needed to see your way to a fair settlement.
Disclaimer: This article is a paid advertisement prepared by Lawsuit Financial Corp. and does not constitute legal or financial advice from Online Legal Media or LawyersandSettlements.com.