When you are involved in a personal injury case, the impact on your financial stability can be significant. One of the most challenging aspects of dealing with a personal injury is the loss of wages. The inability to work due to injuries can create a financial burden that exacerbates the stress of the legal process. Personal injury lawsuit funding can be a crucial lifeline, providing the necessary financial support to cover lost wages and other expenses while awaiting the resolution of your case.

Understanding Personal Injury Lawsuit Funding

Personal injury lawsuit funding, also known as pre-settlement funding, is a financial arrangement that allows plaintiffs in personal injury cases to receive a cash advance against the potential settlement or award they may receive. This type of funding is not a loan but rather a non-recourse advance. This means that if you do not win your case, you are not obligated to repay the advance. This distinction is essential because it reduces the financial risk for plaintiffs who are already under significant stress.

The Impact of Lost Wages on Financial Stability

When you are injured and unable to work, the loss of wages can have a domino effect on your financial stability. Bills such as rent or mortgage payments, utilities, groceries, and medical expenses do not stop coming simply because you are unable to work. For many individuals, their paycheck is the primary source of income, and without it, they can quickly fall behind on essential payments. This financial strain can lead to a cycle of debt and stress that is difficult to break.

How Personal Injury Lawsuit Funding Eases Financial Burdens

Personal injury lawsuit funding can provide immediate relief by covering lost wages and other essential expenses. This financial support allows you to focus on your recovery and the legal process without the constant worry of financial instability. With the advance from lawsuit funding, you can pay your bills, maintain your standard of living, and avoid the pitfalls of debt accumulation.

Accessing Personal Injury Lawsuit Funding

The process of obtaining personal injury lawsuit funding is relatively straightforward. First, you need to have a pending personal injury case with a likelihood of a favorable settlement or judgment. The funding company will evaluate your case based on the information provided by your attorney. They will assess the strength of your case, the estimated settlement amount, and the expected timeline for resolution.

Once the evaluation is complete and your application is approved, you will receive a cash advance. The amount of the advance is typically a percentage of the expected settlement amount. This advance can be used to cover lost wages, medical expenses, legal fees, and any other financial obligations you may have.

- 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.

No Risk of Repayment if You Lose Your Case

One of the most significant advantages of personal injury lawsuit funding is that it is non-recourse. This means that if you do not win your case or do not receive a settlement, you are not required to repay the advance. This feature provides a level of financial security that is not available with traditional loans. Knowing that you will not be burdened with additional debt if your case is unsuccessful can alleviate a considerable amount of stress.

The Role of Your Attorney in the Funding Process

Your attorney plays a crucial role in the personal injury lawsuit funding process. They provide the necessary documentation and information about your case to the funding company. This information includes the details of your injury, the circumstances of the accident, the medical treatment you have received, and the estimated value of your claim. Your attorney will also communicate with the funding company throughout the process to ensure that everything runs smoothly.

Choosing the Right Funding Company

Not all personal injury lawsuit funding companies are created equal. It is essential to choose a reputable company that offers transparent terms and reasonable rates. Look for a company that has a track record of working with plaintiffs in personal injury cases and one that understands the unique challenges you are facing. Your attorney can provide recommendations based on their experience with various funding companies.

Managing the Advance Wisely

Once you receive your advance, it is crucial to manage the funds wisely. Use the money to cover essential expenses such as rent or mortgage payments, utilities, groceries, and medical bills. Avoid using the advance for non-essential purchases or luxury items. The goal is to maintain your financial stability and avoid additional debt while you are waiting for your case to be resolved.

The Emotional Benefits of Financial Stability

The emotional toll of a personal injury can be just as significant as the physical impact. Worrying about financial instability can exacerbate stress and hinder your recovery. By providing financial support, personal injury lawsuit funding can help alleviate some of the emotional burdens associated with your injury. Knowing that you have the means to cover your expenses allows you to focus on healing and preparing for your legal case.

Understanding the Costs of Lawsuit Funding

While personal injury lawsuit funding can provide critical financial support, it is essential to understand the associated costs. Funding companies charge fees and interest on the advance, which can vary depending on the company and the specifics of your case. Before accepting an advance, make sure you fully understand the terms and conditions, including the fees and interest rates. Your attorney can help you evaluate the offer and ensure that it is in your best interest.

The Long-Term Benefits of Personal Injury Lawsuit Funding

In the long term, personal injury lawsuit funding can have several benefits. By providing the financial support you need during the legal process, it can help you avoid settling for a lower amount than you deserve due to financial pressure. This allows your attorney to negotiate a fair settlement or pursue a favorable judgment without the added stress of immediate financial concerns. Additionally, maintaining your financial stability can improve your overall well-being and recovery, allowing you to move forward with your life after your case is resolved.

Securing Your Future

Personal injury lawsuit funding is more than just a financial advance. It is a tool that can help secure your future by providing the necessary support to navigate the legal process and recover from your injuries. By covering lost wages and other essential expenses, lawsuit funding allows you to focus on what matters most: your health and your case. With the right funding partner, you can regain your financial stability and peace of mind.

The Importance of a Strong Legal Team

Having a strong legal team is crucial in any personal injury case. Your attorney not only represents you in legal proceedings but also plays a vital role in securing the funding you need. They work with the funding company to provide the necessary documentation and ensure that your application is processed efficiently. A knowledgeable attorney can also help you understand the terms of the funding and make informed decisions about managing the advance.

Contact Us Today

If you are facing financial difficulties due to a personal injury and need support to cover your lost wages and other expenses, Fast Funds is here to help. Our team understands the challenges you are facing and is committed to providing the financial support you need to navigate this difficult time. Contact Fast Funds today to learn more about how personal injury lawsuit funding can provide the relief you need and help you secure your future. Let us help you regain your financial stability and focus on your recovery. Reach out to us now to get started.

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How Personal Injury Lawsuit Funding Can Help With Lost Wages