Catastrophic Injury Lawsuit Loans Help Plaintiffs
Catastrophic injury lawsuit loans are advances on pending personal injury claims. Catastrophic injury loans help injured plaintiffs and their families because the delay between making a claim and receiving compensation can take several years. With catastrophic injury lawsuit loans, plaintiffs can pay medical bills, car payments, utility bills, attorney fees, mortgage or rent, and or other expenses while they wait for their case to settle.
Catastrophic Injuries Have Major Impact
According to the NSC, over 55 million injuries are reported year. A catastrophic injury is an extreme physical injury or illness that requires significant medical treatment and has a considerable impact on the victim. Catastrophic injuries may not always be fatal or permanent, but usually take months or years to heal.
Typical catastrophic injuries involve:
- Brain injuries
- Spinal cord injuries
- Burn injuries
- Multiple traumas and/or concussions
- and more . . .
Catastrophic accidents might include:
- Car and semi-truck accidents
- Pedestrian accidents
- Slips and falls
- Medical malpractice
- Fires and explosions
Those who suffer catastrophic injuries can expect a great deal of treatment and long recovery time. Adjusting to a new physical condition can be extremely challenging and many seek monetary damages if the cause of their condition was the fault of another party.
Catastrophic Injury Lawsuits
Lawsuits based in negligence seek to compensate catastrophic accident victims for their loss. Those injured through the negligence of others can file a lawsuit in various courts throughout the country. Although no amount of monetary recovery can truly compensate for a catastrophic loss, lawsuits of this nature attempt to make the injured parties whole again.
Unfortunately, navigating through the court system takes time. Plaintiffs can sometimes wait years before their case is resolved.
Meanwhile, some injured parties are unable to work because of their condition. This can obviously result in financial strain as plaintiffs attempt to keep their heads above water. Catastrophic injury lawsuit loans can help.
What are Catastrophic Injury Lawsuit Loans?
Catastrophic injury lawsuit loans are financial transactions where an injured plaintiff sells a portion of the future settlement of a lawsuit in exchange for immediate cash. Fair Rate Funding specializes in catastrophic injury lawsuit funding for personal injury plaintiffs.
Catastrophic injury loans are regularly used to pay for expenses while a lawsuit is litigated. At Fair Rate Funding, we diligently work with our catastrophic injury clients to secure lawsuit settlement funding cash in as little as 24 hours.
If you have a catastrophic personal injury lawsuit and have a lawyer representing you on a contingency fee basis, which means the attorney is only paid if you win the lawsuit, you may be eligible for a catastrophic injury lawsuit loan from Fair Rate Funding.
What Catastrophic Injury Lawsuit Loans Offer
Catastrophic injury lawsuit funding affords financial relief for plaintiffs who need help paying for all types of expenses. More often than not, this is due to an inability to work due to the catastrophic injury.
There is no restriction on how you spend your lawsuit funding. Some clients use their lawsuit cash advance to:
- Pay debts
- Catch up on bills
- Pay mortgage payments or rent
- Pay medical bills and co-payments
- Make car payments or pay for transportation
- Pay tuition
- Cover daily living expenses such as groceries, utilities, cable television, etc.
If You Have Any Questions, Call 888-964-2224
How Do Lawsuit Loans Work?
The process for getting a lawsuit loan is easy:
- Apply for funding easily online or over the phone (888-964-2224). Provide us basic information about your case and attorney.
- We gather documents and speak with your lawyer about the case. We then approve you either for the amount you request or an amount we are comfortable with.
- Once approved, you are forwarded a contract for signature. Your attorney will sign off as well indicating the firm will repay the advance according to the contract.
- We then send you the advance via overnight courier or bank transfer.
How to Get Started
In addition to catastrophic injury lawsuit loans, Fair Rate Funding provides lawsuit funding services for a wide variety of case types.
Call Today – Don’t Wait – Call Fair Rate!