Car accidents can be life-changing events, leaving people not only with physical injuries but also with financial struggles. The process of recovering from a car accident can be long and difficult, especially when medical bills, car repairs, and lost wages add up quickly. In Georgia, those affected by car accidents may need financial support while they wait for their case to settle. Lawsuit cash advances can be a way to get funds during this time, helping injured individuals handle immediate expenses and get back on their feet. This kind of financial assistance, also called pre-settlement funding, provides some relief to those who need it while their case moves through the legal process.

Understanding how lawsuit cash advances work is important for anyone considering them after a car accident in Georgia. It can be helpful to know the advantages, risks, and steps involved in getting a lawsuit cash advance. This way, individuals can make an informed decision about whether it is the right choice for them. Here is an overview of what to consider, how to qualify, and what a lawsuit cash advance can mean for someone dealing with a car accident case in Georgia. At, Fast Funds, we are here to guide you through the legal process and help you navigate the complexities of your case.

What Is a Lawsuit Cash Advance?

A lawsuit cash advance is a type of financial support that provides money to individuals who are involved in lawsuits but are still waiting for their case to settle or go to court. This advance helps cover living expenses, medical bills, and other urgent costs when there may be no other source of income. Unlike traditional loans, lawsuit cash advances are paid back from the final settlement amount. This means that if the person does not win their case, they typically do not have to repay the advance.

In Georgia, lawsuit cash advances are used in car accident cases to relieve some of the financial stress that can arise after a crash. Many people find themselves facing difficult choices due to medical bills and lost wages. Lawsuit cash advances provide an option that does not require monthly payments or affect credit scores, making them a potential choice for individuals without other options.

- 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.

How Lawsuit Cash Advances Work in Car Accident Cases

Lawsuit cash advances are based on the potential value of a person’s car accident case. When someone applies for a lawsuit cash advance, the funding company reviews the details of the case to assess its likely outcome. They typically consider the strength of the evidence, the severity of the injuries, and the insurance policies involved. Based on these factors, the funding company decides how much money to offer.

In Georgia car accident cases, the amount of a lawsuit cash advance can vary greatly, as every case is unique. If the applicant’s case has a strong chance of a favorable settlement, the funding company may offer a larger advance. Once approved, the money can be used to pay for essential needs, including medical bills, rent, groceries, and other everyday expenses. The individual can focus on healing and pursuing their case without the constant worry of financial hardship.

Why People Choose Lawsuit Cash Advances

One of the main reasons people choose lawsuit cash advances is the immediate financial relief they provide. Car accidents often lead to unexpected costs, including costly medical treatments, rehabilitation, and car repairs. If a person cannot work due to their injuries, these expenses can become overwhelming. A lawsuit cash advance helps cover these costs while the person’s case moves forward.

Another benefit of a lawsuit cash advance is that it allows people to avoid settling their case too soon. Insurance companies sometimes offer quick but low settlements to accident victims who need money urgently. With a cash advance, individuals can take the time to negotiate a fair settlement rather than accepting a lower offer out of financial desperation. This can lead to a better outcome in the long run, as people are more likely to receive the full compensation they deserve.

Who Qualifies for a Lawsuit Cash Advance?

To qualify for a lawsuit cash advance in Georgia, an individual must have an active car accident case. The person must also have an attorney representing them, as the attorney’s involvement is necessary for the funding company to evaluate the case. Additionally, the attorney will handle the repayment of the cash advance if the case results in a settlement or court award. The amount of the advance depends on the expected value of the case and the funding company’s assessment of the person’s likelihood of success.

People do not need to have a perfect credit history or regular income to qualify for a lawsuit cash advance. The decision is based on the strength of the case rather than the person’s financial background. This is helpful for individuals who might have difficulty getting a traditional loan due to financial hardship resulting from the accident.

What to Consider Before Getting a Lawsuit Cash Advance

While lawsuit cash advances can be helpful, they come with certain risks and costs that people should understand. One factor to consider is the interest rate charged by the funding company. Lawsuit cash advances often have higher interest rates than traditional loans because they are riskier for the lender. The interest accumulates over time, meaning that if a case takes a long time to settle, the amount owed could increase significantly.

Individuals should also consider how a lawsuit cash advance might affect the final settlement amount. Since the advance is repaid from the settlement, it reduces the total amount the person receives. However, the ability to meet urgent expenses during a difficult time may make the reduction worthwhile. Anyone considering a lawsuit cash advance in Georgia should carefully review the terms and speak with their attorney to understand the implications.

The Role of the Attorney in Lawsuit Cash Advances

An attorney plays an essential role in securing a lawsuit cash advance. Not only do they help build the case to increase the chances of a favorable settlement, but they also work with the funding company to provide the necessary information about the case. The attorney’s input helps the funding company determine the risk level and decide on the amount of the advance.

In addition, the attorney is responsible for repaying the advance from the settlement. This arrangement means that the individual does not need to worry about repaying the cash advance themselves. The attorney handles the transaction, ensuring the funding company is paid directly from the settlement proceeds.

It is important for anyone seeking a lawsuit cash advance to discuss the option with their attorney. An attorney can help evaluate whether the cash advance terms are reasonable and whether the individual’s case is strong enough to support the advance. By working closely with their attorney, individuals can feel confident about their decision.

Is a Lawsuit Cash Advance Right for You?

Whether a lawsuit cash advance is the right choice depends on individual needs and circumstances. For some people, the immediate financial support provided by a cash advance can make a significant difference in their ability to cover essential costs. For others, the high interest rates may be a drawback, particularly if the case takes a long time to settle.

Anyone considering a lawsuit cash advance should weigh the potential benefits against the costs. Speaking with an attorney and carefully reviewing the terms of the advance can help individuals decide if this option aligns with their goals. In some cases, it may be possible to negotiate with creditors or find other sources of support, but for those in immediate need, a cash advance can provide an important lifeline.

How to Apply for a Lawsuit Cash Advance in Georgia

Applying for a lawsuit cash advance in Georgia is a straightforward process. First, the individual needs to contact a lawsuit funding company and provide them with details about their case. The company will then reach out to the person’s attorney to get more information about the case’s status, potential value, and other relevant details. Once the funding company completes its review, they will make an offer based on the assessment of the case.

If the individual accepts the offer, the funds are usually provided within a few days. This quick turnaround makes lawsuit cash advances a useful option for those facing urgent financial needs. The person can then use the funds to pay for necessary expenses while waiting for their case to reach a resolution.

Lawsuit cash advances can offer valuable support to people dealing with the aftermath of a car accident in Georgia. This type of funding allows accident victims to manage their expenses and maintain their quality of life while waiting for their legal case to conclude. Although there are costs associated with lawsuit cash advances, the relief they provide can be crucial for those struggling with financial difficulties after an accident. By understanding how these advances work, who qualifies, and what to consider, individuals can make an informed choice that suits their needs.

If you have been involved in a car accident in Georgia and are exploring ways to ease your financial burdens, Fast Funds is here to help. Our team understands the challenges you may be facing and is ready to provide guidance on lawsuit cash advances. Reach out to Fast Funds today to learn more about how we can support you during this difficult time.

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Car Accident

Lawsuit Cash Advances in Georgia Car Accident Cases: What You Need to Know