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Washington Lawsuit Funding
Being a victim of a personal injury, medical malpractice, or another type of legal case involving another party is not an experience any of us wants to have. If that is the position that you currently find yourself in, then you know the frustration that can arise when promised financial settlements just never seem to materialize. You know that you will eventually get what is due to you, but you are forced to suffer financially in the meantime. This is why you need to consider the possibility of getting a Washington lawsuit loan to help bridge that financial gap in the interim.
A Different Type of Loan
We are talking about a different type of loan here. This is not one that you are going to need to pay back with your own money at some point in the future. This is a loan that provides you with money that you are already owed, yet do not have in your possession yet. It is a no-risk type of funding because you will not even pay anything unless you eventually receive your claim. In fact, the money that you do get from the loan never even has to be repaid if you happen to not win your case. To pay back the loan, you just wait until the claim has been finalized. At that point, the lender will take back the money that they gave you plus the interest stated in the documents. That is all there is to it.
The Simple Process
If you are tired of waiting for a financial settlement, lawsuit funding is something that you will want to consider. There are just a few requirements that you need to meet. The first is that you need to have a pending claim against a party that is either insured or self-insured. It might be a personal injury or accident claim, or it could be the result of an assault or battery. Medical malpractice and FELA lawsuits can also qualify. You will also need to have already retained an attorney who has taken the case on a contingency basis. Most lawyers today accept these type of cases on such terms, so you should be able to fulfill that requirement.
If you have met the simple requirements just stated, you will want to contact Delancey Street to inquire about obtaining a lawsuit loan in Washington. You do not even have to worry about your own credit rating. As mentioned, this is not your typical kind of loan. The lender will contact your attorney right away to discuss your case and make sure that you are qualified. As soon as that is done, you can have your money is as little as an hour. The lender will even directly deposit it into your bank account if you wish.
How Much Money Can I Get and What Can I Do With It?
These are both common questions, and definitely appropriate in this case. Depending on the merits of your case, you should be able to request up to 15 percent of the total value of your claim. If you have a million dollar malpractice suit pending, then you would be able to get a $150,000 lawsuit loan once qualified. Again, you will not be paying this money back out of your own pocket. Your lender will get the money back once the final settlement comes in. You also do not need to request the entire 15 percent. Just ask for the money that you need and then go from there. You will be free to do with the money what you wish. Most people will use it to pay for mounting bills and to provide a bit of a financial cushion to get through until the claim is resolved in their favor.
This type of loan is commonly referred to as pre-settlement funding. It is simple and entirely risk-free to you. You will pay an extremely low rate and get the money that you need to survive today. You really cannot afford to ignore this option, so consider contacting Delancey Street today. They will walk you through the process and you could have the money you need in a matter of hours.