What Is a Lawsuit Loan?
- James Miller
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If you have filed a lawsuit, you will need to ensure that you can pay for any expenses you incur until your settlement arrives. Fortunately,...
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Delta Lawsuit Loans provides pre settlement loans for personal injuries and auto accidents lawsuit cases. Click below to learn more about legal funding on the personal injury cases we service.
Accident Lawsuit Loans – Fast, Safe, and Secure
If you have an attorney and are waiting for your case to settle, you can apply now for a settlement loan with Delta Lawsuit Loans.
There are no credit checks, employment history checks, and no monthly payments.
And the best part is, if you don’t win your case, you don’t pay us back. Not a dime.
You will have the cash you need ahead of your settlement in three easy steps:
When your case settles, Delta Legal Funding gets paid back out of the final settlement in return for the pre-settlement loan.
We’ll get you the settlement loan fast.
In fact, we guarantee that once the settlement loan is approved, you will have the money in 24 hours.
Not next week, or next month but today. It’s your money!
IT’S EASY TO GET QUALIFIED FOR A SETTLEMENT LOAN
To get qualified for a settlement loan, it does not take a lot of work and is it based on three simple factors:
When you reach out to our team to get a settlement loan, they will do everything they can to get you the money you need quickly.
In most cases, the insurance company will try to drag the case as long as possible so that you will need to accept their low ball offers.
They understand that after an accident, most people need money quickly to pay their bills until they get their settlement.
Delta Lawsuit Loans will not let that happen.
A settlement loan may be expensive because it is non-recourse, but it is also a valuable tool for plaintiffs so that they can wait to get the money that is rightfully theirs.
When you give us a call, we can let you know in 30 seconds if your case qualifies.
Our team of professionals will ensure that if there is any possibility of getting your case funded, they will make it happen. It’s that simple.
We then fill out a 5-minute application for a little detail.
Once that is completed, we will reach out to your attorney to get the documents on your case from them.
We make it easy on them by allowing them to upload the settlement loan documents in their own personalized portal.
Once we get the needed documentation for the attorney’s office we will get the settlement loan money to you in less than 24 hours.
Settlement loans, also known as lawsuit cash advance or funding, help plaintiffs like you make ends meet after being injured or otherwise unlawfully mistreated.
Although they are tied to the success of your Lawsuit, in that if you lose you owe us nothing.
Settlement loans are not specifically for legal fees.
They’re there to help you meet any needs that may come up during the time between your injury and settlement, whether the expenses are due to medical bills, unemployment, or any other reason.
You can use the money for whatever you like.
No, we do not. A settlement loan is directly tied to the actual case, and we do not worry about your credit score or employment status or history.
For a settlement loan, it doesn’t really matter.
It often depends on your case and how much money you need. We can fund $500, $5,000 or even over $100,000. It depends on the type of case you have and the assessed value of it.
While we call pre-settlement funding a “settlement loan,” the cash you get from Delta Legal Funding is not technically a loan.
When Delta Lawsuit Loans offers a pre-settlement advance, we are investing in your potential settlement.
That’s why you owe us nothing if you don’t win your case. As opposed to traditional loans, settlement loans are tied to the success of your lawsuit.
So, while a bank will take principal and interest even if you lose, we only get paid when you win your case.
I received money from another company, and they denied my request for additional funding. Can I get additional funding from you?
Absolutely.
Every funding company has a different set of guidelines for underwriting settlement loans.
We understand how difficult life can be, and we strive to fund as many clients as we can, as much as we possibly can.
We use a simple three-step process to get you the money you need right away.
Even if you’ve been turned down for additional funding from another funding company, give us a call today.
Lawsuits can take a long time to settle. We do not require payment by a certain date like an ordinary lender.
As mentioned earlier, these advances are not regular loans and are tied specifically to your lawsuit.
Once your case settles, your attorney will pay us back out of the funds that you’ve won.
Being strapped for cash puts you and your attorney in a difficult negotiating position going into a settlement.
You may be taken advantage of and given a smaller settlement in return for speed.
With a settlement loan from us, you can wait out outside pressures and negotiate for the settlement you deserve.
Also, because payment comes out of the settlement and not out of your wallet, your credit score, employment history, and financial history don’t prevent you from qualifying for a pre-settlement settlement loan.
There are no upfront fees. Even if there is an application fee, it is often not paid upfront.
If there is a fee associated with the agreement, it is only paid when you win your case.
We fund all kinds of settlement loans. We offer car accident loans, slip and fall loans, medical malpractice loans, and all other types of accident loans.
See Cases We Fund for more details.
We understand how urgent access to funds is for our clients, so we strive to get you the pre-settlement funds for your settlement loan as quickly as possible.
The options to receive your settlement loan usually include FedEx for next-day delivery, a wire straight to your bank account, or Western Union.
When you get a settlement loan it is always non-recourse. This essentially means that if you wind up losing your case for any reason, we cannot ask you to pay us back.
It is directly tied to your case and that is the only way we can recover our money that was advanced to you.
Given that this is a non-recourse advance on your case and there is no way to recover the funds if you don’t win your case, settlement loans are not cheap.
They typically charge anywhere from one to three percent.
Usually, the fee structure for the settlement loan is based on several factors:
As the case progresses and the underwriter has more and more information on the case.
For example, when there are depositions, he can see what the defense’s argument might be.
If they like what they see and believe the case is extremely strong, they will provide a lower rate for the settlement loan.
If they see the details and it is less appealing to give a settlement loan, they might approve it and provide a higher rate.
When you get a settlement loan, we will never check your credit or your employment history. Ever.
It is not our business and it has no impact on the decision for your settlement loan. The reason is that this really is not a loan at all.
It is simply an advance against your current case.
All we look at to make a settlement loan decision is the strength of the case.
And the best news is that it is fast. As long as your attorney sends us the documents we request, oftentimes you can have the money in your pocket the same day.
The insurance companies get it.
They understand the devastation that folks go through after having an accident that is no fault of their own.
Oftentimes plaintiffs might lose their jobs. And then the bills begin to add up.
Rent comes due, the car note needs to get paid and you need to pay your living expenses.
So they almost always start making you low ball offers in the hopes that you are desperate and will accept it.
Your attorney understands this and wants to hold off. But what are you supposed to do? This is where a settlement loan can really help.
It may not be cheap, but it will put you on an even playing field with the insurance companies.
With a settlement loan, It allows you to get the money you deserve as a result of your injuries.
What it is essentially is an advance against the money you win in your case.
The money is not cheap so use it only for essential living expenses.
Our mission is to get money in the hands of plaintiffs who had an accident which was no fault of their own quickly.
We want to even the playing field so that our clients can get the settlement that they rightfully deserve. It’s your money!
Drop us a message to know more.
Simple Four Steps Process
Apply In Minutes and get your options fast.
Get cash approved same day.
(credit score not a factor).
Sign our contract and your attorney signs our acknowledgment form.
We wire the money directly into your bank account!
The funds still depend on how quickly we receive your information for underwriting. Keep in mind that this is not available in all states.
Address
301 W 41st St #505
Miami Beach, FL 33140
Hours of Operation
24/7 – Always Open
Phone
Apply Now In Seconds. It’s FAST, FREE and EASY. 786-230-8005
On your end, you are receiving a cash advance: however on our end we are making an investment in a lawsuit. Of course, in the business world, when you make a bad investment you simply lose your money. There is no recourse. That is why we learn about cases before we choose to invest in them. This is our logic.
Basically that means that each month interest is charged on the new balance. For example if you start with $100 and a 3% interest rate, after the first month you would be charged $3. This brings your total balance to $103.
The following month you will be charged 3% of $103, and so on, each month until your case settles. Once we know exactly what you’re approved for we can give you a month by month breakdown of payback figures that you will be able to review before you have made any decisions.
The money goes directly to you. We will not transfer money into any account that does not bear your name. If you don’t have a bank account we can overnight you a check via Fed Ex that you can then take to a check cashing facility to cash.
In addition, if you prefer that US Direct sends the money directly to your attorney so he/she can give it to you, we can send a check to your attorney or wire the funds directly into his/her Escrow account.
We use your Social Security Number to make sure that you are who you say you are and to make sure no other companies have already advanced you money for this case.
We do not share your Social Security Number with any third parties.
No. Your receipt of funding from US Direct will have no bearing on the outcome of your case. This cash advance is between you, your attorney, and us.
There is no third party involved and the party you have a claim against is not informed of our advance.
Because the funding has no bearing on the outcome of your case, how much the case settles for, or how much your attorney makes off the case, most lawyers have no problem working with us to help you.
Of course, your attorney will be able to review all the terms and conditions of the cash advance before they agree to anything.
Depending on how quickly you can get us the documentation, the money can be in your account same day. Bear in mind that the speed at which we can get you approved is entirely dependent on the speed at which we can get information from your attorney’s office.
No. We have no right to participate or have any input in your case whatsoever in the processing, negotiation or settlement of the case. Only you and your attorney have a say in that matter
No. It is an investment in the future value of the case. If you lose the case, unlike a loan, you do not ever pay us back.
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