When Personal Injury Lawsuits Take Time, Litigation Funding Can Help

Shay Morrigan | December 3rd, 2012

Lawsuit Settlement FundingA personal injury can completely turn your life upside down. A personal injury lawsuit can help you recover damages, but it can take longer than you’d like to resolve. While you and your family are coping with medical expenses, disrupted work schedules, and perhaps even disability, your lawsuit may take up to two to three years to complete.

In the meantime, your bills don’t stop coming in. In addition to your mortgage and cost of living expenses, you may have added expenses for prescription medications, physical therapy, and other related costs. All these financial pressures can leave you feeling like you have few options but to accept an early settlement on your lawsuit that is less than you deserve.

Personal injury lawsuit funding with LawStreet Capital can help you get over the hump so you can afford to wait for a fair settlement amount.

Personal injury lawsuit funding can help

Personal injury lawsuit funding is like a cash advance on your future settlement award. It helps you to manage your current finances while you’re waiting for your lawyer to settle your case. Though sometimes called a “personal injury lawsuit loan,” it is not really a loan, as the money will be yours eventually, anyway.

A litigation funding company like LawStreet Capital has the money on hand to give you now, and takes the risk on your settlement for you. Even if you don’t win your case, you owe nothing. There is some interest involved, which is collected only from your settlement earnings when you receive them, but the rates are lower than ever because of increased competition.

LawStreet Capital has some of the lowest rates in the industry, and by applying for lawsuit settlement funding with us, you gain the upper hand in your case. You’ll be able to wait for the full amount that you deserve from your case, rather than feeling pressured into settling prematurely for a fraction of that total.

Why does a personal injury lawsuit take so long?

Some smaller personal injury claims may resolve fairly quickly. Particularly when liability is clear from the evidence, the parties may be willing to negotiate a settlement in a reasonable amount of time. In many cases, however, insurance companies, corporations, and liable individuals may purposefully drag the case out, in the interest of protecting their bottom line.

Sometimes, defendants in a personal injury lawsuit case may be aware that you have limited financial resources to continue the fight in court. It is, therefore, in their best interests to prolong proceedings in the hopes that you’ll settle for a small percentage of the amount that you’re actually entitled to.

Litigation funding can give you the funds you need to stand your ground and hold the liable parties to their responsibilities.

Call LawStreet Capital about litigation funding

If you or someone you loved is involved in a personal injury lawsuit—whether it’s because of an accident, workman’s comp claim, construction accident, or wrongful death—and you’re struggling financially, call LawStreet Capital. We offer a free, no-hassle application, and do not charge you fees or perform credit checks. There is no risk, yet the benefits can be great down the road. Call toll-free 800-345-8500.