Michigan lawsuit loans are financial products for Michigan plaintiffs who need cash prior to settlement. Unable to cope with day-to-day costs for whatever reason, Michigan lawsuit loans advance immediate cash to plaintiffs in as little as 12-24 hours.
In return, plaintiffs pledge to repay the amount from the settlement proceeds. The repayment amount includes interest rates and possibly fees plus your borrowed amount. The advantage of a Michigan lawsuit loan is you only repay the advance if your case succeeds.
Why Michigan Lawsuit Loans?
Although many lawsuits are resolved within months, most take longer to move through the judicial system. Many Michigan lawsuits take years before a lawsuit is ultimately concluded.
The time it takes to settle an Michigan lawsuit depends on a multitude of factors, such as:
- The county (venue) where the lawsuit is filed
- The attorneys’ experience relationship with defendant’s insurance carrier
- The nature of the injury and extent of the medical treatment
- The number of defendants
- The number of plaintiffs
- And more . . .
Moreover, many legal funding clients are personal injury plaintiffs who are unable to work due to injury. Others are victims of discrimination or wrongful termination and are unemployed.
This leaves many in financial turmoil and often forces plaintiffs to accept “low-ball” settlement offers from the insurance companies defending the claim/lawsuit. Because plaintiffs are struggling financially, plaintiff sometimes accept these unfair settlements simply to temporarily ease their immediate financial concerns.
Michigan settlement loans (lawsuit loans) allow plaintiffs to pay their bills while their attorneys fight for a just compensation.
How Michigan Legal Funding Can Help
Because lawsuits in Michigan can drag on for years, you can find yourself in a financial crisis. When your mind is overwhelmed with uncertainty, having enough money to pay your expenses can be a huge relief. Fair Rate Funding can help with lawsuit loans in Michigan .
A lawsuit cash advance (lawsuit loan) gives you money right now – when you need it. In return, you promise to repay if you win your case. Fair Rate Funding provides Michigan lawsuit loans to Michigan plaintiffs. We advance Michigan plaintiffs anywhere from $500 to $1 million in anticipation of a favorable recovery. Amounts are determined by the specific facts of your case.
We provide quick lawsuit loans to qualified plaintiffs who live in the Michigan cities of: Ontonagon, Saginaw, Detroit, Grand Rapids, Flint, Kalamazoo, Warren, Sterling Heights, Ann Arbor, Lansing, and Dearborn. We serve all the major cities and the small ones too! If you need cash from your lawsuit now, Fair Rate Funding has your back.
What Is the Michigan Legal Funding Process?
You start the Michigan lawsuit lending process by filling out a free application on our website. If you are a plaintiff in a lawsuit and have an attorney representing you on a contingency fee basis (meaning the lawyer only gets paid if you win) you will likely qualify for a Michigan lawsuit loan. The process generally involves the following:
- Review: Once we receive your application, we underwrite your claim and contact your attorney for any additional information.
- Approval: Once approved, we prepare a contract for your review and signature.
- Your Cash: After approval, we overnight you a check or deposit the money directly into your bank account.
- Repayment: If you win your case, your attorney repays the advance out of the proceeds.
If You Have Any Questions, Call 888-964-2224
How Can I Get Started?
Fair Rate Funding Michigan lawsuit loans offer the most competitive terms in the business. We can have cash in your hands in as little as 24 hours. Obtaining lawsuit loans for Michigan cases is straightforward. Simply contact us and start the lawsuit funding process. With your permission, we will contact your attorney and go over the details of the case. For more information about how we evaluate cases, visit the post about underwriting lawsuit loans.
Once approved, Fair Rate Funding will send you over a contract. Once we receive the executed agreement, we will send you your cash via wire or overnight carrier. Click here for more information about how lawsuit funding works.
Call us now on 888-964-2224 or fill out the online form to start the process.
Your Choice for Michigan Lawsuit Loans
We know you have a choice of lawsuit settlement funding companies and are happy to assist you. Once you apply, we will contact you immediately and begin the process. You can then relax and allow Fair Rate Funding to work for you.
In addition to Michigan lawsuit loans, Fair Rate Funding provides 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 Michigan Lawsuit Funding.