Even if you are close to getting a settlement, lawsuit funding could be a great option for you. There are several circumstances where lawsuit funding could be beneficial even if you are going to get your settlement within weeks or months.
For instance, if waiting for your settlement is going to make you late on bills, getting lawsuit funding could be a better option. Many bills come with expensive late fees. It might be cheaper to get a lawsuit cash advance than it would be to pay the late fees that you would have to pay if you waited for your settlement.
Further, you can cause your credit score to greatly decrease by being late on bills. If you have a low credit score you will not qualify for credit in the future or you will be required to pay higher interest rates on the credit you obtain. Lawsuit funding could be a better option if your credit is going to take a hit by waiting to get your personal injury settlement.
Finally, lawsuit funding could be beneficial if you do not have your settlement confirmed. Many personal injury victims expect to have their settlement soon. Then, the unexpected will happen and delay the settlement process. It often can be better to go ahead and get lawsuit funding, so you are prepared for the unexpected and do not have to scramble for cash.
If you want more information about “lawsuit funding, give our office a call today. We will gladly answer any questions you may have and guide you through the lawsuit funding process. Further, calling does not put you under any obligation to accept the lawsuit funding ! Give us a call today!
.:About the author:.
Tiffany Sherrill is a paralegal at Pegasus Legal Funding, LLC. Recently Tiffany was the assistant to the General
Counsel at PLF with a focus on contract and financial aspects of Litigation Funding. Tiffany is also continuing
here education pursuing a Juris Doctor degree.