Legal Funding in (Charleston, SC)
Here at The Legal Funding Group, we work with both plaintiffs and attorneys on getting funding for their pre-settlement and post-settlement lawsuits. This type of legal financing is often used by law firms to help them expand the amount of working capital they have at their disposal. Plaintiffs in Charleston, SC, may use legal funding when they are low on money and are anxiously awaiting a settlement from an injury or trauma case that is mental, physical, or emotional in nature.
While waiting for a case to be settled, bills and living expenses are going to continue to accumulate. Some victims may not be able to keep up with their finances while recovering from their injuries and waiting for their cases to be settled. The Legal Funding Group is strongly committed to ensuring our attorneys and plaintiffs get the money they need while waiting for their settlement to ensure their financial security in the meantime.
What Are Settlement Loans?
Lawsuit settlement loans in (Charleston, SC) are a way for victims waiting for a payment from a class action settlement to get the funds they need sooner to help with their financial woes. It is sometimes referred to as settlement funding or litigation financing and it’s a type of cash advance that may be obtained for a client’s impending settlement or a lawsuit judgment.
Legal funding is a type of cash advance that does not get based using your credit or income. Instead, the strength of your case is used to determine eligibility. Lawsuit and settlement loans are available to the plaintiffs and the law firms that are representing them. Legal funding is in existence because of the fact that all court cases can turn into lengthy proceedings, no matter how minor they may end up being.
While waiting for a case to be settled, many injured victims face countless hardships, both mentally and financially. In some instances, they are forced to settle for less than they deserve because they do not have the time to wait for a lengthy settlement process to complete. Insurance companies are always looking for ways to stall their settlements intentionally to force plaintiffs to settle for less.
One of the best benefits of obtaining legal funding loans in (Charleston, SC) is that you can get the cash you need to help you prevent future financial stresses. The longer you have to wait to pay for certain things, the worse the situation may get. Settlement loans and legal funding can help you change your situation for the best, especially if you have received serious injuries and are not able to work.
How The Legal Funding Process Works
Lawsuit funding and settlement loans are a way to help victims and law firms in Charleston, SC, during their financial difficulties while they wait for the case to settle. Unfortunately, the wheels of justice seem to turn very slowly. Here at The Legal Funding Group, we will not be compensated until you do. Because of this, we are going to help make sure your case gets settled for the amount you are expecting and deserve. Many civil cases are settled prior to reaching the trial phase. This allows our expert team members the ability and time to look over the precedents of your case and develop a strong opinion of what we think will be awarded at the end of your case.
When you work with us, you can apply for lawsuit loan amounts up to the maximum we feel your case is worth. You are able to use the funds of your loan for any purpose including paying for medical bills, your legal fees, purchasing food, paying your rent or mortgage, or any other financial necessity you see fit to live comfortably until you get your settlement.
To get started, simply fill out our online application or apply by phone. Once you apply, we will get in contact with your attorney to verify your case details. For us to do this legally, we require a signed confidentiality release form. We will also need to gather information about the defendant’s ability to pay the damages being requested.
Lastly, we will verify the calculations you give us about the damages you expect to get at the end of your case and ensure they are reasonable. Once we have approved your funding, we will provide you with multiple options for payment. If you choose to have the money put into your bank account, our goal is to have that payment sent to you in less than one business day.
Types of Legal Funding Options
It doesn’t matter what phase of litigation you’re in, we can offer you a lawsuit cash advance in Charleston, SC. Whether you need money before your settlement gets finalized or after your settlement has been finalized, we can help you. Once you apply for funding, we will monitor your lawsuit case to ensure you get the outcome you deserve.
Types of Legal Funding Offered:
Lawsuit cases can often take months or years to reach the settlement phase. Pre-settlement loans from The Legal Funding Group can be used to pay medical bills, legal fees, and any other type of daily living expenses. Legal funding of this type allows victims to stay financially secure while waiting for their case to be resolved.
Loans given for post-settlement needs are to offer plaintiffs access to their cash once the case gets resolved. Once a lawsuit has been settled, it can still take a while for the money to be put into your bank account. During this time, the defendant may also choose to file an appeal which can delay the process of getting your money even more. We offer post-settlement loan options to help those who are struggling with their finances while they wait for their payout to be processed.
Settlement Cash Advances
We also offer settlement cash advances to plaintiffs looking to get a loan that will match the amount of settlement they are expecting to get paid once the case has been resolved. Oftentimes, plaintiffs choose the fast cash option to help alleviate some of their current financial stress.
Each of these three types of legal funding methods will NOT require a borrower to submit to a credit check to be eligible for approval. Additionally, lawsuit loan approvals are not determined by your financial history and they’re only based on your case facts.
Legal Cases Our Firm Offers Funding For
We offer victims in Charleston, SC, assistance for a variety of case types. Our team has a deep understanding of the laws regarding these case types. This allows us to review your claim and figure out the value of your lawsuit.
Case Types We Offer Lawsuit Loans For:
- Workers compensation
- Premises liability
- Drug injuries
- Personal injuries
- Product liability
- Business law
- Workplace lawsuits
- Nursing home abuse
- Motor vehicles
- Medical malpractice
- Motor vehicles
Why Work With The Legal Funding Group?
The Legal Funding Group is dedicated and proud to serve injured victims’ needs and assist law firms in helping them. Our staff members find it rewarding to serve the community in this way. To our team, it is not just a job, but a way to help people who are having a difficult time in life. Those who work for us find it satisfying knowing they’re helping injured victims with their medical and legal issues so they can concentrate on getting better.
Those suffering from personal injuries have enough to worry about with their physical and emotional trauma. We here at The Legal Funding Group are dedicated to helping take away the financial burdens that come with injuries. You will find that we work harder than the competition and give each case the personalized attention it deserves.
How To Get Legal Funding Approval
Getting approved for settlement loans and legal funding will be quicker and smoother when your case is at a developed stage of the process. If your lawsuit has already been won and settled, but you’re waiting to receive your payment, we can get the process taken care of quickly. Faster approval times may also be seen for clients waiting for the appeals to be finalized. If you have a case that is still in the early stages of the process, it will take more time for us to examine the records and each response from the parties involved to determine the validity of the claim.
As a plaintiff in Charleston, SC, you will need to have a retained and licensed attorney working with you on your case, and they will have to agree the case has strong merit to it. Our team members can work to figure out what they deem to be a fair settlement in your case to be. When you fill out our online application or give us a call, we can get the process started right away. Attorneys may also apply with us for legal funding loans while they’re working on a client’s case. We will fully review the records and carefully predict an outcome we deem fair.