Fair Rate Funding Offers Delaware (DE) Lawsuit Loans
Delaware plaintiffs can file lawsuits for a variety of reasons. Delaware lawsuits loans are financial transactions which seek to bridge the gap between filing and settlement. DE lawsuit loans offer immediate cash to plaintiffs to meet their everyday needs. Fair Rate Funding offers plaintiffs financial flexibility to refuse low-ball settlement offers and hold out for just compensation.
Delays in the Legal Process – the Need for Delaware Lawsuit Loans
Lawsuits take time, often many years. There are only so much resources available to settle disputes between parties. Courts have always been backed up – even more so since health concerns caused the courts to close for a period of time.
Other factors contribute to the time it takes to settle civil cases in Delaware. These include:
- The county where the lawsuit was filed
- The experience of the attorney and his/her relationship with the defendant and/or his/her insurance carrier
- The extent of the medical treatment
- The number of defendants
- The number of plaintiffs
- And more . . .
Although each lawsuit is unique, once retained, Delaware personal injury lawyers immediately begin compiling necessary medical records, evidence of liability, and other documents. He/she must also ascertain any available insurance coverage and reach out to the insurance company to inform them of the potential claim. Most of the time, these tasks go on “behind the scenes” while the plaintiff obtains treatment for his/her injuries.
However, plaintiffs are sometimes unable to earn the same amount of money as before their accident because of their injuries. Expenses still must be paid however, so plaintiffs sometimes find themselves strapped for cash. Fair Rate Funding can help.
What is a Delaware Lawsuit Loan?
Lawsuit loans or “settlement loans”, are financial transactions where plaintiffs sells a portion of the future proceeds of a case to a lawsuit funding company. In return, plaintiffs receive cash, often within 24-48 hours. Fair Rate Funding specializes in Delaware lawsuit loans for personal injury plaintiffs. Plaintiffs in other cases can also qualify.
Delaware plaintiffs can contract with lawsuit “lenders” who provide Delaware lawsuit funding for plaintiffs who need cash now, before their case settles. If you live in Delaware and are involved in a personal injury lawsuit in Delaware, you may qualify for lawsuit funding.
How is a lawsuit loan different than regular loan?
Lawsuit loans are financial transactions where a plaintiff sells a portion of the proceeds of a lawsuit or claim. The lawsuit funding company purchases the proceeds at a discount and expects a return on the purchase price according to the contract. Because the future proceeds are sold, they are not really loan collateral. For this reason, if the lawsuit is unsuccessful, the proceeds will not exist and the purchaser is left holding nothing of value.
Because the transaction is a sale of property rights, the plaintiff’s credit score, employment status, payment history, assets, and creditworthiness is not an issue.
Basically, lawsuit loans are not traditional loans which imply repayment at some point from the borrower. Lawsuit loans are not repaid unless the lawsuit is successful.
If You Have Any Questions, Call 888-964-2224
WE ARE HERE TO HELP YOU!
Why You Would Need a Delaware Lawsuit Loan?
You need a Delaware lawsuit loan if you are involved in a lawsuit and need cash immediately. Most often, lawsuit loan customers in Delaware (and other states) use the money for:
- medical treatment
- mortgage or rent payments
- car payments
- household expenses
- school tuition
- outstanding debt
- catch up on bills, etc.
In fact, there are absolutely no restrictions on the use of Louisiana lawsuit loans. After all, it’s your money!
How is the Money Repaid?
As stated above, you only repay a Delaware lawsuit loan if you recover money for your case. In a sense, we are your partners in the case except:
- We will never make any decisions about how to handle your case.
- Discuss strategy with you or your attorney on how to best proceed.
- Weigh in on potential settlement negotiations.
- Pester you about how the case is progressing.
It’s still your case, we are invested in the outcome.
When you win your case, normally money will be sent to your attorney and deposited into an attorney trust account. From there, your attorney pays legal fees and other liens. Delaware lawsuit loans are one such lien on your file.
As stated above, lawsuit loans are ONLY repaid from the proceeds of the lawsuit. Lawsuit loan companies CANNOT pursue plaintiffs personally for repayment.
Where Can Fair Rate Funding Provide DE Lawsuit Loans?
Fair Rate Funding provides Delaware lawsuit loans through-out Delaware including:
- Pike Creek Valley
How Do I Apply?
We know you have a choice of lawsuit settlement funding companies and are happy to assist you. To obtain settlement funding in the quickest and easiest manner, please fill out the quick application or call 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 lawsuit cash advances within 24 hours of receiving the paperwork from your attorney.
We provide settlement funding services for lawsuits for the following states: Alabama, Alaska, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, Wyoming and the District of Columbia.
Thank you for choosing Fair Rate Funding.