Fair Rate Funding offers Pennsylvania lawsuit loans to plaintiffs prior to settlement. Pennsylvania Lawsuit Funding (PA Lawsuit Funding) allows plaintiffs to pay their expenses as they wait out a long legal process . We’ve been in business since 2007 and are a leader in lawsuit funding in Pennsylvania (PA).
Accidents Occur Every Day
Each year in Pennsylvania, thousands of accidents resulting in personal injuries occur. Examples include car accidents, slip and falls, and accidents which occur on another’s premises. Many of these accidents are caused by another’s negligence. That is, another person or entity owed a duty of care, that duty was not fulfilled and caused injuries or other damages.
In Pennsylvania, and throughout the United States, state and federal laws protect individuals who have been harmed by another in tort. Negligence lawsuits are based upon these laws which allow injured parties to seek monetary compensation through the legal system. Thousands of Pennsylvania personal injury lawsuits are filed in the Pennsylvania court system every year.
Why Lawsuit Loans?
While some personal injury lawsuits are resolved within months, the vast majority take longer to ultimately compensate personal injury victims in Pennsylvania and throughout the United States. Many Pennsylvania lawsuits take years before a settlement is reached. Pennsylvania lawsuit loans can help.
Personal injury lawsuits can take time to settle. A settlement could take months or many years.
The time it takes to settle a PA lawsuit depends on a multitude of factors, such as:
- 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 . . .
This situation is often exploited by financially strong insurance companies who know full well how to drag out a case. This strategy can force victims to settle for less than their lawsuit is really worth.
Fair Rate Funding specializes in Pennsylvania lawsuit funding (PA Lawsuit Funding) for personal injury plaintiffs. We can help you get the financial help you need to cover your living expenses. We also provide attorney lawsuit loans to attorneys in need of increased cash flow.
What Exactly is a Lawsuit Loan?
Lawsuit loans, also known as settlement loans, are financial transactions where a plaintiff sells a portion of the future proceeds of a lawsuit and receives immediate cash in return. Fair Rate Funding specializes in PA lawsuit loans for plaintiffs.
Are Lawsuit Loans Actually Loans?
Lawsuit loans are not actually loans in the traditional sense of the term. Regular loans imply the borrower must repay the money, plus interest at some point in the future. Lawsuit loans in contrast, are actually a sale of the future property rights of a portion of the settlement. It’s as if you sell a part of your settlement before it actually settles. Because of this, lawsuit loans in Pennsylvania and elsewhere require repayment only if the case is successful.
Further, lawsuit loans are different than traditional loans because they are non-recourse. This means your PA lawsuit loan is repaid only from a settlement and never from you personally.
Am I Eligible For a Lawsuit Loan in Pennsylvania?
Pennsylvania lawsuit loans are typically used to help pay for expenses and other costs while the lawsuit is litigated. At Fair Rate Funding, we diligently work with our PA lawsuit funding clients to secure lawsuit settlement funding cash in as little as 12 hours.
If you have a personal injury or other lawsuit and have a lawyer representing you on a contingency fee basis, you may be eligible for a Pennsylvania lawsuit loan from Fair Rate Funding. If you need cash now while waiting for your case to settle, we can provide PA settlement funding to help you while your case is litigated.
What Types of Lawsuit Loans are Available in PA?
Fair Rate Funding provides lawsuit funding for all types of cases, including:
- Animal & Dog Bites
- Amusement Park Accidents
- Automobile Accidents
- Asbestos Cases
- Aviation Accidents
- Bicycle Accidents
- Boating Accidents
- Bus Accidents
- Construction Accidents
- Defective Products
- Maritime cases
- Medical Malpractice
- Motorcycle Accidents
- Motor Vehicle Accidents
- Nursing Home Negligence
- Pedestrian Accidents
- Premises Liability
If you are unsure if you can qualify, the answer is only a phone call away. Call us at 888-964-2224 and we will discuss your PA lawsuit funding options.
What Can I Use the Money For?
Most clients use lawsuit loan cash 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.
If You Have Any Questions, Call 888-964-2224
WE ARE HERE TO HELP YOU!
Pennsylvania Lawsuit Loans (Lawsuit Funding)
Do you need a lawsuit loan in Pennsylvania (PA)?
Fair Rate Funding is a leader in the lawsuit loan business and helps clients with cash now prior to settlement. Fair Rate Funding provides PA lawsuit loans throughout Pennsylvania as well as most states in the United States. Often, clients obtain Pennsylvania lawsuit funding in as little as 12 hours.
Fair Rate Funding specializes in PA lawsuit funding for the following types of Pennsylvania lawsuit loans:
- Car Accident Settlement Funding
- Slip and Fall Lawsuit Settlement Loans
- Burn Case Settlement Loans
- Verdict Lawsuit Loans
- Premises Liability Lawsuit Funding
- Product Liability Settlement Funding
- Settled Lawsuit Loans
- Medical Malpractice Settlement Loans
- Jones Act Settlement Funding
- FELA Lawsuit Funding
- And more…
How Much Money Can I Get?
Obviously, whiplash type injuries will warrant a lesser advance than someone who is seriously hurt. Generally, lawsuit funding companies will advance 10-15% of the estimated value of your case but other factors may increase this amount.
For example, the Commonwealth of Pennsylvania operates under a modified comparative fault rule for auto (car) accident claims (lawsuits). Under this rule, an injured party cannot be more at fault than another party, if he/she wants to recover damages in the lawsuit.
The standard is that the defendant must be 51% at fault for the plaintiff to recover. If the injured party (plaintiff) was 50% or less at fault, he or she may still recover damages. It should also be noted that any award for damages will be reduced by the amount of fault attributed to the plaintiff. *
Other factors which might affect a lawsuit loan amount include:
- The likely settlement value
- The expected duration of the case
- Available insurance coverage
- Amount of damages you’ve suffered
- Your likelihood of success
Although we cannot estimate the amount of your Pennsylvania lawsuit loan prior to evaluating your case, you can count on Fair Rate Funding to provide fast, professional service and plenty financial support.
How to Apply for Lawsuit Loans in Pennsylvania
Fair Rate Funding extends PA lawsuit loans, legal loans and settlement funding throughout the US and Pennsylvania including the cities of:
- West Chester
- King of Prussia
- East Stroudsburg
- State College
- and other municipalities.
We know you have a choice of lawsuit settlement funding companies and are happy to assist you. To obtain Pennsylvania lawsuit settlement funding in the quickest and easiest manner, please file out this 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 PA lawsuits within 24 hours of receiving the paperwork from your attorney.
Fair Rate Funding currently funds cases in: 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 Pennsylvania Lawsuit Funding.
* Consult with your personal injury attorney for counsel of your rights and obligations under the law as Pennsylvania laws can and do change frequently.