Car accidents are a common occurring nowadays and most of the time they are caused due to negligence on the part of the driver. If you end up getting injured in an auto accident that was not caused by you, then you are entitled to file for a compensation award that is going to help you in paying the medical expenses for your treatment as well as covering your lost wages. However, in auto accident cases it can take a lot of time to get this compensation award during which time you will not have any money to pay for your mounting bills in addition to your treatment expenses.
Importance of Car Accident Legal Funding
Auto accident lawsuit funding can prove to be vital for those people who are waiting for a suitable court settlement for their lawsuits.The money they will get through this funding is going to help them in withstanding the financial pressures of a litigation battle and will give their attorneys the breathing space to pursue the case until they are able to agree upon a fair settlement. Car accident lawsuit funding becomes especially important for those people who have been seriously injured during the accident and have suffered both physical and financial damages that have left them with no money to take care of their families.
How to Apply for Motor Vehicle Lawsuit Funding
You won’t have to do much to apply for car accident lawsuit funding. Just have a look online for reputable companies that can offer auto accident lawsuit funding to you. The reputation of the company is important because reputable companies do not charge any hidden costs when providing the lawsuit funding and also arrange the money as quickly as possible. After having decided the company to apply for lawsuit funding, you just have to contact them and fill up an online application. The company will respond to your application and ask for some documents after which the funding would be transferred to your account.
Benefits of Car Crash Legal Finance
There are many benefits of applying for car accident lawsuit funding. First of all, it is a non-recourse funding which means that the amount is only to be paid back if you win your case and get a suitable settlement for your lawsuit. Moreover, the company providing the funding is only going to ask for a small percentage of the money that you will be getting from the settlement and that percentage would be decided upon when the funding would be delivered to your account.
Is Auto Accident Lawsuit Funding Really Necessary?
Auto accident lawsuit funding becomes necessary for the following reasons:
• Auto accident lawsuits can take time as the defendants in these cases are usually insurance companies who want to make the case longer so that they can get the plaintiff to agree to a lower cash settlement. This funding can help the plaintiff in pursuing the case until a favorable cash settlement is reached.
• Auto accident funding can sustain the plaintiff and his family during the time period when he is waiting for the cash settlement.
*The Pegasus Legal Funding Advantage *
• There are no broker or other hidden fees. Pegasus is a direct funder which means the company name on your legal funding check will be Pegasus. When you shop around ask who’s name will on your lawsuit funding check.
• The evaluation is free with no obligation and the application will only take a few minutes to complete
• Pegasus takes all the risk with your lawsuit cash advance. Legal the money with provide is on a non-recourse basis, which means that if you lose your case, you keep the money and owe us nothing
• Pegasus does not offer lawsuit loans, or any type of loan. And a loan will be expected to be repaid regardless of the outcome of your lawsuit. The cash is a lien against your lawsuit and requires no employment, background or credit checks. The amount of money you can receive is solely based on the merits of your case or claim.
Call us: 855-FUND–YOU / 855-386-3968
.:About the author:.
James Sheridan is the Contracts Manager at Pegasus Legal Funding LLC and is responsible for the final stage of the funding approval process. James focus and priority is delivering to PLF’s clients the funds they need as quickly as possible
Author:James Sheridan