Were you injured in an accident and waiting for a settlement? Read these 3 cash advance tips for help, then give us a call to get started.
1. Is a Lawsuit Cash Advance a Loan?
A man is driving down the street, not paying attention, and runs into the person in front of him who happens to be stopped at a red light. That person calls us and asks for a cash advance and wants to know the difference between a cash advance and a loan. A cash advance, or pre-settlement funding, on a case like his is not considered a loan. The reason being is that it is a non-recourse advance, which means that if for some reason the case loses, we cannot go after that person for the funds that they received from us. In the case of a loan, like a bank loan for a mortgage or a car, they repossess your assets if you don’t make your payments.
2. Uses for a Lawsuit Cash Advance
A young girl was on the phone arguing with her boyfriend while she was driving her car and ran into our client, who was stopped at a red light, and seriously injured our client. They were laid up, needed several surgeries and a lot of treatment afterwards to recover. Our client needed to know what she could use the money for if she borrowed from us for her personal injury case. Our funding is for emergency funding; it’s to help you pay your bills, keep a roof over your head, food on the table, your car, and anything else that you need on a monthly basis to live. Our funding is not for frivolous spending. If you do so, you have to keep into consideration that you’re going to pay for that money, so we suggest you keep it for emergency needs only. If you have any questions as to whether or not you feel that this is the right program for you, call us today and we will help you find out.
3. How a Lawsuit Cash Advance Helps
A man was driving down the road and ran into a bicyclist who had the right of way as they were crossing the street. The bicyclist ended up in the hospital, unable to work or pay their bills because of pending surgeries due to the severe injuries that were caused by this accident. They heard from another patient in the hospital that there was such a thing as personal injury financing based on their claim. They called us to find out how we can help them. It can help you in several ways. If you’re injured and you’re not able to work, provide for your family, or cover your bills, this emergency funding will help you to get by during your time of need until your case resolves, or at least until you get better and get back up on your feet again.
Are you or a loved one involved in a personal injury lawsuit and want to know more about these 3 cash advance tips? Contact us for a free consultation or apply for lawsuit funding online.
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