Finding cash after an incident or tragic state of affairs can be difficult. Especially if you end up being in long and exhausting legal processes which adds up to the expenses as well. Luckily, legal loans like pre-settlement loans, post-settlement funding, and treatment financing are great ways to pay your bills and continue living with expenses while waiting on your settlement money.
This loan is easy to qualify for and usually has low-interest rates depending on the agreement you agreed upon in the financial intermediary of your choice. Let’s discuss the subject matter for further understanding.
This type of loan offers a clear and fast solution to all your lawsuit settlement dilemma. From the cash you need to pay medical bills to any other living expenses, legal loans let you get a cash advance to prevent the creation of financial pressure during lawsuit trial processes.
There are legal loans that entail ‘no win, no pay' in the contract. This means that if you didn’t win the lawsuit or failed to obtain the settlement amount, you don’t have to pay the loan. But keep in mind that before getting a legal loan through Legal Bay or another company, the financial intermediary will review your personal profile and your current stand on the lawsuit. If you have a low chance to win the latter, they’re more likely to disregard your legal loan application.
Aside from getting a quick cash advance, these loans allow you to have more lawyer time and maximize the money you can receive from the lawsuit. You are also not obliged to repay until the amount is fully settled – so no financial pressure and you’ll have better offers from the offender.
There may be loans that necessitate low-interest charges, but most of them are high and expensive. Moreover, it’s easy to apply for a legal loan but qualify for it is 50-50 depending on your stand.
A financial intermediary that offers legal loans should have a team of legal and financial professionals to provide the best financing solutions to victims. Any financial service company can provide legal loans, but a financial company that is specialized in litigation funding in the personal injury market stands out from the competition.
CaseMark Financial has legal loans made easy. The company has been a provider of pre and post-settlement funding, monthly staged loans for your living expenses, treatment financing, and disbursement funding for years now.
They have a team of experts that are ready to give you the most flexible and sustainable financing lawsuit solution that will let you hold up the financial pressures of the hearing process. CaseMark Financial also has litigation funding for lawyers which is helpful to maximize the settlement claim of their clients – resulting in larger legal fees for them.
Whether it’s medical injuries, medical malpractice, product defects, or workplace injuries, CaseMark Financial indeed understands the financial burden of legal processes.