Mercer County Lawsuit Loans Support Plaintiffs With Cash
Mercer County lawsuit loans offer financial support to litigants while they wait for their cases to progress through the legal system. They are monetary advances on the potential future settlement of civil cases in New Jersey. Their purpose is to allow injured and other plaintiffs the ability to pay their living expenses while they await justice.
Mercer County Location and Background
Mercer County is located in central New Jersey and borders the Delaware River and Pennsylvania to the west. Known as the Capitol County, Mercer County is part of the New York Metropolitan area for purposes of the United States Census Bureau but is also part of the Philadelphia media market. Mercer County borders Monmouth, Hunterdon, Somerset and Middlesex counties.
Mercer County was named after General Hugh Mercer, who served in the Continental Army and worked closely with George Washington in the American Revolution. General Mercer died as a result of wounds received at the Battle of Princeton on January 3, 1777. The American victory at Princeton was one of the most significant events of the American Revolution. Washington’s victory proved the relatively untrained American Army could beat the highly regarded British forces. The battle boosted morale and fostered great confidence among the American soldiers.
Mercer County is the home of NJ’s state capitol, Trenton. Trenton is also Mercer’s county seat and home to the Superior Court of New Jersey, Mercer County. Trenton also houses the United States District Court, District of New Jersey at the Clarkson S. Fisher Building.
Mercer County is also the home of Rider University (Lawrence) and Princeton University (Princeton). Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. Both colleges play NCAA Division 1 sports. Rider plays in the MAAC and Princeton competes in the Ivy League.
Mercer County Lawsuits
Trenton stands 45 miles north of Philadelphia and 60 miles southwest of Manhattan. Due to its central location, major roadways pass through the county. These include Interstate(s) 95, 195 and 295. The sheer number of Mercer County travelers means more traffic and thus more hazardous conditions and motor vehicle accidents. This is especially true in the summer months when travel is at its peak. According to the NJ Department of Transportation, Mercer County had almost 7,500 crashes in 2020 and almost 11,500 in 2019. Of those crashes, over 1,700 reported injuries in 2020 and 2,410 in 2019.
Auto accidents can result in serious injuries. Injured plaintiffs seek compensation and access these “safety nets” through Mercer County and other courts. Unfortunately, personal injury lawsuits take time even when negligence is easily proven. As they say – “the wheels of justice turn slowly”.
Making the situation worse is the fact that many injured plaintiffs are unable to work due to injuries. This can cause financial strain adding even more stress to an already stressful situation. Worse still is that insurance companies often use this situation to their benefit by offering less than fair compensation. They hope injured plaintiffs simply cannot afford to wait. Mercer County lawsuit loans attempt to remedy this situation.
What are Mercer County Lawsuit Loans?
Lawsuit loans are financial transactions where plaintiffs sell a portion of their lawsuit proceeds prior to receiving them. Lawsuit funding companies advance money prior to settlement so plaintiffs can pay for living and other expenses while they wait for the case to progress. Other lawsuit funding uses include:
- surgical or other medical treatment
- housing payments
- car payments or other transportation costs
- and more. . .
Mercer County lawsuit loans can be used in any way as there are no restrictions on their use. It’s the plaintiff’s money after all. They are just getting a portion of it prior to settlement.
It is important to mention that Mercer County lawsuit loans are not “loans” in the traditional sense. Repayment of a lawsuit loan depends on winning the case. Lawsuit loans are structured as a partial assignment of proceeds. If the case is lost, the lawsuit loan is not repaid. The lawsuit proceeds must be the source of the repayment. A lawsuit lender cannot pursue the plaintiff personally for repayment. Typical loan criteria such as credit scores, asset checks and employment history are irrelevant to eligibility. In fact, most applicants do not qualify for traditional financing. That is why they are looking into lawsuit loans as an alternative.
To learn more about lawsuit loans visit our frequently asked questions page.
Mercer County, NJ Towns and Cities
Mercer County consists of 12 municipalities. Mercer County lawsuit loans are available in the following cities:
- East Windsor
- Hopewell Borough
- Hopewell Township
- Princeton Township
- West Windsor
Getting Started with Mercer County Lawsuit Loans
To be eligible for Mercer County lawsuit loans you must:
- have a pending claim
- be over the age of 18 and
- be represented by an attorney.
If the above criteria are satisfied, you are eligible to apply for funding. The process begins with a Quick Application. We then contact you to discuss your funding options and call your attorney to underwrite the case. Once approved, you sign and return the funding agreement. When received, you receive your lawsuit loan. It’s really that simple!
Keep in mind, we NEVER get involved with your case. Case strategy is best left to you and your attorney. Instead, we wait upon settlement just like you. When you get paid, we do as well.