We provide plaintiffs in Columbia, SC with convenient legal funding services to obtain fast cash while their personal injury cases are pending a settlement verdict or a payout to be processed. We offer this service to both plaintiffs and law firms involved in personal injury litigation because we understand how formalities can delay the resolution of even the strongest cases.
The money that we provide can be used to pay for your current living costs, medical expenses, and can prevent your home from going into foreclosure. In many cases, the cash from a lawsuit is more valuable to victims immediately after an injury. This allows them to compensate for missed work and to obtain the best medical care possible for a full recovery. Law firms can also find themselves behind on bills from working hard on a case that takes time to resolve.
What is Legal Funding?
Legal funding is a special type of cash advance loan based on the strength of your case. Our lawsuit loans are not based on your credit history or current income. This means that even plaintiffs in Columbia, SC who are in a difficult financial situation can qualify. In some cases, a law firm may also apply for legal funding before their client’s case is settled. Legal funding can be a big help to those going through lengthy legal proceedings and need money to get by in the meantime.
The Legal Funding Group is investing in your lawsuit based on our expert predictions of the outcome. We can look at the evidence in the case, the current state of proceedings, and determine an estimated settlement amount. We do not get paid until you do and we want your lawsuit to be settled for a deserving amount.
How Do Settlement Loans Work?
The first step to receive a lawsuit loan in Columbia, SC is to obtain a qualified attorney. Only an attorney can compile all the evidence, facts, and applicable laws to create a comprehensive overview of the case. They are also able to act as an independent verification of your claims.
Only an attorney can calculate the damages to come up with a reasonable settlement. Your damages may include the following:
- Medical bills
- Lost wages
- Pain and suffering
- Property damage
- Long-term disability
- Diminished quality of life
Once you have representation by an experienced attorney, there is no need to wait. We can examine the facts of your case and determine whether a cash advance on the settlement is available to you. Simply call us or fill out an online application so that we can obtain a brief overview of the case. Then, we will provide you with a confidentiality release form to sign. This form allows us to discuss the details of your case with your attorney. If you do not sign this form, your attorney would be in violation of ethical laws that are in place to protect your privacy under attorney-client privilege.
Although we are not bound to agree with your attorney, we find that lawyers have very high credibility in these types of cases. They would not waste their time working on a contingency basis if they did not expect to reach a settlement. In any regard, our expert lawyers will double check your attorney’s legal work and determine the solvency of the defendants and their ability to pay the damages.
Once funding is approved, we will try our best to provide you with cash within 24 hours or less. You can choose between a cashier’s check, a business check, or even a direct wire to your bank account. Not only does this give you money when you value it the most, but it also relieves you of any worries concerning the outcome of the case. Having such peace of mind can be priceless when you are feeling overwhelmed with life.
Types of Settlement Loans in Columbia, SC
The Legal Funding Group offers assistance at every phase of litigation for plaintiffs in Columbia, SC. No matter how far along you may be, there are options available to provide you with cash when you need it most. Don’t delay the enjoyment of life by keeping yourself in a state of legal limbo. Let us provide assistance at any of the three phases of litigation described below.
1: Pre-Settlement Legal Funding
Lawsuits typically take years to reach a final resolution. While you are waiting, serious changes in your health, financial insolvency, and the inability of work can force you to settle for anything. Insurance companies and large corporations are aware of this condition and may intentionally draw out proceedings to force you into a smaller settlement. Don’t become a victim of circumstances. Take control of your life by obtaining the funds that you need now, not 5 years from now.
2: Post-Settlement Legal Funding
Even after a settlement has been agreed upon, the defendants can take their time in paying out the money. Despite a formal declaration in court, the plaintiff may even be forced to pursue the money owed to them through a collection’s process. At other times, the defendants may choose to file an appeal, which can draw things out for several years or months. We solve this annoying problem by handing you the money when you need it.
3: Settlement Cash Advances
The Legal Funding Group will also help you when you have reached a settlement, and you are expecting it shortly. Why delay the inevitable? We can match the settlement amount that you are set to receive but wire your money to you immediately, without all the rigmarole.
In all three of these options, the money is provided to you without any obligation to pay us back from your own personal finances. We take a share of the awards only if and when you win your case. We do not consider your current state of financial insolvency or any negative credit history when we provide legal funding. The funding is based solely upon our expert determination regarding the expected outcome of your case in Columbia, SC.
Types of Cases We Fund
There are gray areas of the law where we are not able to provide legal funding because the outcome is debatable and too risky. However, many areas of the law have firmly established guidelines and consistent rulings that we feel comfortable investing in. We have considered cases in all the following fields:
- Personal injury
- Motor vehicle accidents
- Medical malpractice
- Prescription drug injury
- Product liability
- Premises liability
- Nursing home abuse
- Workers compensation
- Workplace lawsuits
- Business Law
Why Choose The Legal Funding Group?
The Legal Funding Group is a leader in the legal lending field. We strive to examine the strengths of every case and to determine what the appropriate amount of funding may be. Other legal funding groups may only handle the most cut and dry cases. Our lending group may consider providing at least some funding for cases that are not so black and white. Having any amount of money in the critical phase after injury may prevent you from becoming paralyzed or permanently disabled. It also relieves you of the emotional pain and suffering that can traumatize accident victims.
Helping injury victims encourages us to work tirelessly at meeting their needs and the law firms that help them obtain justice. We can often save victims from predatory lenders who charge such astronomical fees on cash advances that their tactics are illegal in most states.
How to Get Approved
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 Columbia, 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.