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The Benefits of Pre-Settlement Lawsuit Funding

June 17, 2013 1 Comment

If you are dealing with a personal injury lawsuit, you know that it can be not only emotionally draining, but financially draining as well. In addition to taking a lot of your time, lawsuits also require a lot of money. With medical bills mounting along with time away from work, financial stress can get so heavy that the temptation to settle early might be hard to resist. But instead of settling your lawsuit early (for less) to get money quickly, pre settlement funding will give you easy access to the cash you need and allow you to pursue a fair and potentially higher settlement.

Pre Settlement Cash Gives You Time

Charles Ernst, CEO of Lawstreet Capital a lawsuit funding company based in New York, says, “Defense attorneys often take advantage of plaintiff’s financial and emotional stress. Because they know that the plaintiffs (victims) often need money to pay medical bills and other expenses, they like to drag things out so that the plaintiff will accept an early settlement. A pre settlement cash advance allows the plaintiff and his/her family the time and financial cushion necessary to pursue a better settlement.” You can read more about lawsuit funding by visiting lawstreetcapital.com.

Applying For Pre Settlement Advances Is Easy

If you feel worried about the issue of how to apply for pre settlement funding don’t worry. Pre settlement cash advances are a smart solution for dealing with the financial stress of a personal injury lawsuit. They are preferred over legal loans, and applying for them is easy. They do not carry the kind of requirements that legal loans do. Such requirements often prevent victims from getting the financial help they really need. Unlike loans, pre settlement cash does not require you to have a good credit rating. You don’t even have to be a U.S. citizen or have a green card to apply. It is predicted based on your estimated settlement value.

There Are No Risks Involved in Pre Settlement Funding

Pre-settlement funding is different from a loan. With a loan, in addition to the tedious and often difficult process of applying, no matter what happens with your settlement, you still have to re-pay the loan. Suffering a personal injury can make returning to work difficult and can cause a number of other financial burdens. So repaying a loan can be a lot more difficult. Pre settlement funding is cash advance on your settlement. It only has to be repaid when you settle your case. If you do not win your case, you do not have to repay the advance.  To receive a free quote, individuals can contact Law Street Capital and receive 24 hour approval in most cases. The application process is simple. Instead of wasting time and energy applying for a loan, opt for the no-risk option of pre settlement funding. Law Street Capital makes it easy to get the cash you need, when you need it.

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