Involved in an Auto Accident Case? Obtain Funding With a Legal Loan

Ryan Green | June 13th, 2018

Over 2 million Americans suffer injuries each year from vehicle crashes. Nationwide, there are over 32,000 fatalities due to car crashes every year. People injured in car crashes can suffer multiple injuries whose effects can be life-long. Some, such as paralysis or head injury, can be catastrophic, requiring medical care and attendance for the rest of the victims’ lives.

Injuries in car crashes can require hospitalization, multiple doctor visits, physical therapy, remodeling of a house to accommodate the injured person, and more. In some cases, it can affect a person’s ability to do the job they previously did, and may require disability payments or retraining.

Car crash injuries can also impede quality of life or result in loss of consortium.

All of these potential damages — medical bills, hospitalization, physical therapy, loss of wages, retraining, decrements in quality of life, and loss of consortium — are grounds for a legal claim for damages if the accident was caused by another party’s negligence.

You have a right to obtain compensation if you or a loved one has suffered injuries due to an automobile accident resulting from someone else’s negligence.

Obtaining a legal loan as a financial bridge to a settlement

Personal injury cases are often very lengthy, requiring months or years for final completion. It can be hard to keep yourself financially afloat during the time that court cases take to wend through the system. But a legal loan can result in the economic wherewithal to financially support yourself and your family while the case is resolved.

Legal loans may not be the best solution for everyone. But for some plaintiffs, they can provide crucial financial help. Legal loans are not like loans from banks or credit unions. They are more akin to cash advances. Legal loans are “nonrecourse.” If you’re a plaintiff and win your case, you will pay back the amount of any legal loan you get, at a reasonable interest rate.

If you lose your case, you don’t owe anything. Ever. Not even 1 cent. Yes, if you lose the case, you owe nothing.

The funds received in legal loans can be used for multiple financial necessities. Rent. Mortgage payments. Groceries. The cost of commuting to work. Health insurance. Medical care. Plus more.

Don’t settle for a lowball offer

It’s important to have financial security during any court case. Without it, plaintiffs may feel the pressure to settle for the first offer. That may be less than just, but they may need it simply for cash flow. A legal loan gives you more bargaining power.

The best news is perhaps the ease of getting a legal loan. There is no required credit check. You can obtain a legal loan in one day. There are no hidden costs.

Legal loans are cash advances on legal settlements in the future. We offer the industry’s lowest interest rates.

Additional Resources:

  1. United States Centers for Disease Control and Prevention. Motor vehicle crash deaths: how in the US doing?
  2. United States Centers for Disease Control and Prevention. CDC Vital Signs. Motor vehicle crash injuries. Costly but preventable. October 2014.