Lawsuits are expensive. In fact, you may have a great settlement on the way, but personal injury cases are long and drawn-out matters that often place a tremendous financial burden on the injured plaintiff and their family.
Hospital bills, medical expenses, attorney’s fees, court costs, property damage, and ordinary living expenses can quickly turn into financial hardship, especially if you can’t work. It can be overwhelming, which is why many people consider taking lowball settlement offers to end the case and get back to their normal lives.
If you’ve been injured or seriously injured in an accident, filing a personal injury lawsuit may be your only viable option to recover damages, but the bills don’t need to pile up as your case unfolds in court or while a settlement is being done.
Baker Street Funding injury loans are here to help! The injury loan companies like Baker Street Funding offer a financial lifeline for individuals currently pursuing a personal injury claim. We have the lowest pre-settlement financing rates in the industry, so more of your settlement stays in your own pocket. Best of all, our lawsuit loans can be approved in less than 24 hours and are non-win / non-pay, meaning no repayment is required if you do not win your case.
What is pre-liquidation financing?
A pre-settlement financing company such as Baker Street Funding injury loans provides money to injured claimants now in exchange for a percentage of future anticipated settlement awards. Lawsuit loans can help give plaintiffs the breathing room and financial means to see a personal injury claim until a favorable resolution.
Provident pre-liquidation funds come with a no-win/no-pay contingency. That means you can use a lawsuit loan as a risk-free tool on your way to a settlement. Technically, our financing is not considered a loan, although that is the term used by the industry.
If your car accident or personal injury claim is unsuccessful, you won’t pay us a penny. This differs from loans where a sum of money is borrowed and expected to be repaid with interest.
How Lawsuit Loans Empower Personal Injury Plaintiffs
Applying for a Provident pre-settlement lawsuit loan takes less than five minutes, and approval is quick and easy. We strive to get most plaintiffs approved in less than 24 hours by working directly with their attorney. Just apply and we’ll take care of the rest.
Most people involved in personal injury cases face many expenses. If you are injured and out of work, you may be tempted to settle early for a smaller sum of money. Your emergency fund can help you get through a few months, but it can only go so far. Insurance companies and defendants know this, so they tend to drag out cases to force the plaintiff to reach a faster, but smaller settlement.