Navigating the aftermath of a personal injury can be an overwhelming and daunting experience. Medical bills, lost wages, and other financial burdens can pile up quickly — leaving victims in a precarious situation. Personal injury lawsuit funding can be a vital resource in such scenarios, providing the necessary financial relief. Understanding how this funding works and its benefits can be crucial for those seeking to manage their medical bills effectively.

Understanding Personal Injury Lawsuit Funding

Personal injury lawsuit funding — also known as legal funding or litigation financing — is a financial service that provides plaintiffs with immediate cash advances based on the potential settlement of their ongoing legal cases. This type of funding is non-recourse, meaning that the plaintiff only repays the advance if they win their case. If the case is lost, the plaintiff owes nothing to the funding company.

Immediate Financial Relief

One of the primary benefits of personal injury lawsuit funding is the immediate financial relief it provides. Medical bills can accumulate rapidly following an injury, often creating a substantial financial burden. Traditional loans may not be an option for many — especially if their credit is affected by their inability to work. Lawsuit funding bridges this gap, offering plaintiffs the means to cover medical expenses, including hospital stays, surgeries, medications, and rehabilitation services. This immediate access to funds ensures that plaintiffs can receive the medical care they need without delay, which is crucial for their recovery and overall well-being.

Preserving Financial Stability

Beyond covering medical bills, personal injury lawsuit funding helps maintain overall financial stability. Injuries often lead to lost wages and additional expenses that can strain a plaintiff’s financial resources. By securing funding, plaintiffs can cover their day-to-day living expenses, such as rent or mortgage payments, utilities, and groceries. This stability allows plaintiffs to focus on their recovery and their legal case without the added stress of financial insecurity. The financial support from lawsuit funding helps to bridge the gap until the case is resolved and a settlement is reached.

Empowering Plaintiffs to Pursue Justice

Financial constraints can sometimes pressure plaintiffs to settle their cases prematurely for less than they deserve. This is often due to the immediate need for cash to cover medical and living expenses. Personal injury lawsuit funding empowers plaintiffs by providing the financial support necessary to withstand the lengthy litigation process. With funding in place, plaintiffs are not forced to accept low settlement offers out of desperation. Instead, they have the resources to pursue their case to its full extent, potentially leading to a more favorable settlement that accurately reflects the damages and losses they have incurred.

- WHAT CLIENTS ARE SAYING -

In June, my wife and I asked our attorney about giving us a loan against any settlement proceeds from our case. He told us that the state bar does not

permit lawyers to participate in the financing of clients. The offer of settlement was very low so the case needed to be filed in court. I called Fast Funds. Within 24 hours, I had entered into an agreement with them, selling a very small portion of the anticipated proceeds to them in exchange for immediate financing. Now my suit is in court and I don't have to worry about money until it's outcome. Thank god for Fast Funds

B.G.

As a result of the advances you have made to our client, we were able to refuse an extremely low settlement offer and take the case to court. We settled the day of the trial for a very generous sum. Had there been no advances by Fast Funds, our client would have had no choice but to accept the inadequate offer since he was in severe debt due to his inability to work. Thank you for your helpful assistance in providing our client with the ability to persevere.

C.F.

I was involved in an accident which took my left leg. I was forced to live homeless for eleven months. Thanks to the Fast Funds people advancing money. I now live in an apartment,I am walking on a prosthetic and otherwise getting my life back together, even though my attorney has not yet settled my lawsuit. I don't know what I would have done for money because the insurance company has offered nothing so far.

A.R.S.

I was involved in an auto accident which caused me to suffer a herniated disc. Because of this injury, I was forced to miss many months of work. I had no income and no place or person to turn to for money. My attorney told me he was unable to help with any financing and the insurance company was refusing to settle the case. I turned to a company called Fast funds. They immediately reviewed my file and took the financial pressure off by providing me with interim financing. I am now able to wait for as long as it takes for my lawyer to achieve a successful result in my case. Without the financial involvement of Fast Funds, I don't know what I would have done.

K.P.

I wanted to thank you for your sensitivity in helping me cope through a very difficult time in my life. Without your help, I would have been unable to pay my rent , forcing my wife and children to be put on the street. I have not been able to return to work and I was tempted to accept the insurance company's very low offer to settle, even though I knew it was not fair or reasonable. You have given me the ability to withstand the financial pressures. Thanks for your help. I will never forget it

C.S.

I have in the past referred clients to Fast Funds Inc., a non-recourse company. The experience of my clients

and my firm were totally positive. Fast Funds was responsive to the clients financial and emotional needs, provided the necessary emergency money and did not interfere in any manner with my handling of the cases. The clients, without my input, negotiated the advance directly with the company. In each case, they were completely satisfied with the final result of the case, including the amount of profit earned by Fast Funds. Non-recourse funding is clearly a valuable tool to the plaintiff's attorney.

M.J.L.

"I am writing to recommend the valuable assistance of the Fast Funds Inc., a company that provided interim funding to financially needy clients. They help to insure that a case will be brought to a successful resolution. A good case in point is when I was offered $75,000.00 for a seriously injured client. Had she not been able to take advantage of the advance financing offered by Fast Funds, I would have been forced to take the money. As it turned out, because my client now had the financial ability to withstand the pressures of time, I tried the case to a jury and received a verdict of $315,000.00.

M.S.D.

It is my belief that non-recourse companies, such as Fast Funds, the company to whom I refer my needy clients, perform an invaluable service to both the client and the attorney. Simply put, it is common knowledge that one of the tools negotiation utilized by insurance companies is time. Offering

considerably less money than the actual case value to a client in desperate need of funds while the case is pending, gives the insurance companies a tremendous advantage. This advantage is minimized and the playing field is leveled when the client has the ability to obtain funds for a minimal portion of the anticipated proceeds. Many times, with no prospects of income, an injured party will settle the case for whatever offer is made.

R.J.F.

Reducing Stress and Anxiety

The physical and emotional toll of a personal injury is often compounded by the financial stress that follows. Medical bills and other expenses can create significant anxiety, hindering the recovery process. Personal injury lawsuit funding alleviates this stress by providing the necessary financial support. Plaintiffs can rest assured knowing that their immediate expenses are covered, allowing them to focus on their health and well-being. This reduction in stress can positively impact the overall recovery process, aiding in both physical and emotional healing.

Access to Quality Medical Care

Financial limitations can sometimes restrict access to quality medical care. Without sufficient funds, plaintiffs may be unable to afford the best treatment options, potentially compromising their recovery. Personal injury lawsuit funding ensures that plaintiffs have the financial means to seek the best medical care available. This access to high-quality treatment can significantly improve recovery outcomes, leading to better long-term health and quality of life. Additionally, with the financial burden lifted, plaintiffs can follow their doctors’ recommended treatment plans without worrying about the cost.

No Risk of Debt

One of the most attractive features of personal injury lawsuit funding is that it poses no risk of debt to the plaintiff. Because the funding is non-recourse, plaintiffs are not required to repay the advance if they do not win their case. This eliminates the risk of accumulating additional debt during an already challenging time.

Plaintiffs can confidently use the funds to cover their medical bills and other expenses, knowing that they will not be burdened with repayment obligations if their case is unsuccessful. This financial protection is a significant advantage, providing peace of mind to plaintiffs as they navigate their legal journey.

Aiding in Legal Expenses

Pursuing a personal injury case often involves significant legal expenses. Plaintiffs may need to cover attorney fees, court costs, and other related expenses. Personal injury lawsuit funding can also be used to cover these costs, ensuring that plaintiffs have the necessary resources to build a strong case. By alleviating the financial burden associated with legal fees, plaintiffs can work closely with their attorneys to pursue justice and obtain the compensation they deserve. This comprehensive financial support helps plaintiffs navigate the complexities of the legal system more effectively.

Supporting Long-Term Recovery

The financial support provided by personal injury lawsuit funding extends beyond immediate medical bills and living expenses. In many cases, injuries require long-term rehabilitation and therapy, which can be costly. Lawsuit funding ensures that plaintiffs have the resources to continue their recovery journey without interruption. Whether it involves ongoing physical therapy, mental health counseling, or other rehabilitation services, plaintiffs can focus on their long-term recovery without financial constraints. This support is essential for achieving the best possible recovery outcomes and improving overall quality of life.

Facilitating Settlement Negotiations

Personal injury lawsuit funding can also play a strategic role in settlement negotiations. With financial pressure alleviated, plaintiffs and their attorneys can negotiate from a position of strength. They are not forced to accept low settlement offers due to immediate financial needs. Instead, they can pursue fair and just compensation that accurately reflects the damages suffered. This improved negotiation position can lead to better settlement outcomes, providing plaintiffs with the resources they need for their ongoing medical care and recovery.

Applying for Personal Injury Lawsuit Funding

Applying for personal injury lawsuit funding is typically a straightforward process. Plaintiffs need to provide details about their case, including documentation from their attorney. The funding company evaluates the case based on its merits and the potential settlement value. Once approved, plaintiffs receive the funds quickly, often within a few days. This prompt access to funds is crucial for covering immediate medical bills and other expenses. The application process is designed to be efficient and stress-free, allowing plaintiffs to focus on their recovery and legal case.

Contact Fast Funds Today and Secure Your Financial Future

Personal injury lawsuit funding offers a lifeline to plaintiffs facing financial challenges following an injury. By providing immediate access to funds, this financial service helps cover medical bills, living expenses, and legal costs. It empowers plaintiffs to pursue their cases without the pressure of accepting low settlement offers, reduces stress and anxiety, and supports long-term recovery. With the risk of debt eliminated, plaintiffs can confidently use the funds to navigate their legal journey and focus on their well-being.

If you or a loved one is struggling with medical bills and other expenses following a personal injury, consider the benefits of personal injury lawsuit funding. At Fast Funds, we understand the challenges you face and are here to provide the financial support you need. Our team is dedicated to helping you secure the resources necessary for your recovery and legal case.

Contact Fast Funds today to learn more about how we can assist you during this difficult time. Your journey to recovery and justice is our priority.

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Lawsuit Funding

How Personal Injury Lawsuit Funding Can Help With Medical Bills