Pre Settlement Funding can be Your Life Saver

Are you pursuing a lawsuit against an individual or a corporation which caused you an injury? Are you drowning in the high costs of medical bills and legal expenses? Do you have any plans how to make this process less expensive for you and your family?

One avenue to consider is pre-settlement funding which is a financing option that is often considered as a lifesaver during the litigation process.

One of the key reasons to opt for this is unlike a traditional loan, your credit history has no bearing on whether you will qualify for the funding. The details of the lawsuit are the only basis for our decision on whether to fund you and how much shall be the amount. If you have a strong case, you’ll likely be entitled for funding.

So, what is the other benefit that makes plaintiffs go for it? You don't have to pay any upfront fees to get the money. Instead, most litigation finance companies operate on the policy "No Cost Unless You Win" basis, which translates to the fact that you won't have to pay anything back if you don't get win the case.

This, thus, helps the plaintiffs to hire an experienced personal injury lawyer, which in turn improved the chances of winning the case and getting a higher settlement. Too often, people who have been involved in an accident fails to pursue legal action thinking the process might take a considerable length of time and it would be difficult to maintain the expenses of hiring an attorney.

Committed to offering clients the financial cushion, the lending firms offer a reasonable rate of interest and you can speak with them to find out about the further details.

Based in South Florida, Elevant Finance Group LLC is a forward thinking finance firm whose focus surrounds the personal injury and mass tort product liability matters. They help those who have been affected negatively by defective medical devices, pharmaceuticals resulting in injury, personal injury accidents, and workers’ compensation and medical malpractice claims. The pre-settlement funding allows plaintiffs to pay needed expenses. How? Find out from http://elevant.finance/ or dial (855) 240-0246.

Litigation Funding - Know Your Worth

There are many reasons which it makes sense for companies, law firms and other entities with valuable IP assets to look for the legal finance. The cost of litigation is rising. Over the years, third party litigation funding has developer as a viable resource for cash-strapped claimholders who may be struggling to lead a regular quality life while waiting on pending litigation to be settled. Too often are plaintiffs forced to accept the early settlements for a multitude of reasons.

So, how do you think the litigation finance would help plaintiffs? It would offer an additional financing option which may be better than the other alternatives available. While on a case, plaintiffs tend to run late on your mortgage or car payments. Use legal funding to pay for the basic living expenses like groceries or medicine. Obviously, it is important you do due diligence and choose the right company for your needs. Before involving, it is wise to ask questions and read about the legal funding tips.

Not just the claimholders, legal funding creates a buffer between the financial pressure of a client and prosecuting the case for the lawyers. The length of time of a personal injury lawsuit might go on for years as the time varies on a case by case basis. It is so common knowledge that these cases will often take an unnatural amount of time to a conclusion. And, often it has been seen when a client misses work because of a personal injury case and is behind on bills he/she may be forced to settle the claim quickly; and this could result in a settlement worth less than the cases’ actual value.

It can be extremely discouraging to an attorney to accept an early settlement when the sole reason is the client cannot afford to let the legal process run its full course. Third party funding could provide the attorney that extra time required to achieve that full amount of the claim which the client deserves.

If you are looking for a forward thinking finance firm based who can provide secured funding to plaintiff law firms, service providers and pre-settlement advances to claimants, meet the team of Elevant Finance Group LLC. They can be reached at (855) 240-0246 or http://elevant.finance/.