Fair Rate Funding is proud to serve Alaska lawsuit loans (AK Lawsuit Funding) to the residents of the great state of Alaska.
If you or a loved one is currently involved in an Alaska (CA) lawsuit but need cash prior to settlement, an Alaska lawsuit loans through Fair Rate Funding can help!
Fair Rate Funding offers Alaska lawsuit funding (AK Lawsuit Funding) for plaintiffs who are living through the litigation process. We help plaintiffs get the money they need, when they need it. The AK legal funding money can be used to cover all types of expenses.
What is the Purpose of Alaska Settlement Loans?
Alaska legal funding allows plaintiffs to financially withstand the long, drawn out legal process.
Personal injury plaintiffs often find themselves unable to work. Financial stress forces many plaintiffs to accept “low-ball” settlement offers from insurance companies which simply want to minimize their exposure. Because the plaintiffs are strapped for cash, they sometimes accept unfair settlement amounts simply to ease their immediate concerns.
AK settlement loans offer plaintiffs immediate relief which bridges the gap between the accident and settlement. During that time, plaintiff lawyers can fight for justice and secure fair compensation.
How Lawsuit Loans Protect Alaska Plaintiffs
Lawsuit loans are not traditional loans. An Alaska lawsuit cash advance is considered non-recourse debt, which means:
- You are NOT personally liable for the debt.
- Lawsuit loans are ONLY repaid from the proceeds of your case.
- If you lose your lawsuit, you don’t repay the advance!
In this arrangement, the lawsuit funding company assumes all the risk.
How does the process work?
Once you apply, our underwriters will ask you a little about your accident happened, request the appropriate documents from your attorney’s office and then let you know how much of a case advance we can offer you. In most cases, Fair Rate Funding provides residents of Alaska with an Alaska lawsuit loan advance within 24-48 hours.
If You Have Any Questions, Call 888-964-2224
How Much Money Is Advanced?
Since repayment comes directly out of your settlement, your lawsuit determines how much funding we can provide.
The amount of your Alaska lawsuit loan will depend on the likely settlement value of your case as determined by our lawsuit loan underwriters. AK wrongful death lawsuits likely have more settlement value than soft-tissue cases. Generally, lawsuit loans in Alaska and most other states will be 10%-20% of the estimated settlement value of the case.
Some other factors we consider are:
- The likely settlement value
- The expected duration of the case
- Available insurance coverage
- Amount of damages you’ve suffered
- Your likelihood of success
- Your amount of fault if an accident occurred (Alaska uses a system called contributory negligence when determining compensation awards in court, per Alaska Statutes §09.17.060.
While we cannot estimate the amount of your Alaska lawsuit loan prior to evaluating your case, you can count on Fair Rate Funding to provide the fast, professional service and plenty financial support.
Alaska Lawsuit Funding Advantages
There is no restriction on how you spend your AK lawsuit funding. Some clients use their lawsuit cash advance to:
- Pay debts
- Catch up on bills
- Pay current or back mortgage payments in order to avoid foreclosure proceedings
- Pay current or back rent in order to avoid eviction
- Pay medical bills and co-payments
- Make car payments or purchase a new car
- Cover daily living expenses such as groceries, utilities, cable television, etc.
We know you have a choice of lawsuit settlement funding companies and are happy to assist you. To obtain Alaska lawsuit settlement funding in the quickest and easiest manner, please file out the quick application or call us at 888-964-2224.
We will contact you immediately and begin the process. You can then relax and allow Fair Rate Funding to work for you. We routinely provide settlement funding for Alaska personal injury lawsuits within 24 hours of receiving the paperwork from your attorney.
We provide lawsuit funding services in the following states: Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Maine, Massachusetts, Michigan, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Virginia, Washington, Wyoming and the District of Columbia.
Thank you for choosing Fair Rate Funding for Alaska lawsuit funding.