Lawsuit Loans Texas
Fair Rate Funding is a leader in Texas lawsuit loans.
Each year in Texas, there are literally thousands of accidents such as automobile accidents, slip and fall injuries, and accidents which occur on another’s premises. A large amount of these accidents are caused by another person or party’s negligence.
In Texas, and throughout the United States, state and federal laws protect individuals who have been harmed by another in tort. These laws grant the right to seek monetary compensation in the courts. Thousands of Texas personal injury lawsuits are filed every year.
Learning About Texas Lawsuit Loans
If you’re in the middle of a lawsuit in Texas, you already know the process can take a long time to resolve, perhaps even years. Plaintiffs turn to Fair Rate Funding for lawsuit loans in Texas to pay their expenses while they wait out the legal process.
Plaintiffs use Texas lawsuit loans to pay medical bills, rent or mortgage payments, utility bills, or even daily expenses like food or transportation. In fact, there are no restrictions on the use of a Texas lawsuit loan.
Want to know more before you apply? Read on to see how a lawsuit settlement loan can help.
Texas Lawsuit Settlement Background
While some personal injury lawsuits are resolved within months, the vast majority take longer to ultimately compensate personal injury victims in Texas and throughout the United States. Many Texas lawsuits take years before a settlement is reached.
The time it takes to settle a Texas 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 . . .
While every case is different, when a Texas personal injury attorney is retained by a plaintiff, he goes to work compiling the necessary medical records, evidence of liability, and other documents. He/she must also ascertain any available insurance coverage and reach out to that carrier to let them know there is a potential claim. Most of the time, these tasks go on “behind the scenes” while the plaintiff obtains treatment for his/her injuries.
But often times, plaintiffs are 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 Texas Legal Funding?
Lawsuit Funding, also known as lawsuit loans or settlement loans, are financial transactions where a plaintiff sells a portion of the future proceeds of a lawsuit in exchange for an immediate sum of cash. Fair Rate Funding specializes in Texas lawsuit loans for personal injury plaintiffs.
Texas lawsuit funding is typically used to help pay for expenses and other costs while the lawsuit is litigated. At Fair Rate Funding, we diligently work with our Texas lawsuit loan clients to secure lawsuit settlement funding cash in as little as 12 hours.
If you have a 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 Texas lawsuit loan from Fair Rate Funding. If you need cash now while waiting for your case to settle, we can provide Texas settlement funding to help you while your case is litigated.
How Can Lawsuit Funding Help in Texas?
The purpose of lawsuit loans is to level the playing field between financially strong insurance companies and individual plaintiffs.
The legal system is crowded – and more cases are filed every day. Most plaintiffs face many months of waiting when they pursue their case/claim. Lawsuit loans help plaintiffs endure the long, drawn out litigation process with immediate cash, prior to settlement.
Having the ability to pay your bills, allows you to refuse unfair settlement offers and gives your attorney time to pursue the maximum amount of compensation you deserve.
If You Have Any Questions, Call 888-964-2224
Texas Lawsuit Funding FAQ’s
How do I know I can qualify for a lawsuit funding in Texas?
If you were injured by another party and have an attorney representing you in a lawsuit, you can apply for lawsuit funding in Texas. If your accident occurred in Texas and have permanent injuries, you will qualify for a free lawsuit loan application.
What is the difference between a lawsuit loan and a regular loan?
A lawsuit loan is an advance on the future proceeds of your case. It differs from a traditional loan because regular loans mean you are responsible for repayment under all circumstances. With a lawsuit loan, the money is only repaid if you win your case. For more on the differences between these two types of financial transactions, please read about the differences between loans and lawsuit loans.
How am I able to spend the funding?
Unlike other traditional loans which require you to spend the money on something specific (i.e. car loans, mortgages, etc.), lawsuit loans have no such restriction in Texas or elsewhere. When you receive lawsuit funding in TX, you can spend the money on anything you like. After all, it’s your money.
Fair Rate Funding specializes in TX lawsuit loans. No other funding company can serve you better in Texas. Give us a call. We are here to help and are at your service. Call now – 888-964-2224.
How To Get a Texas Lawsuit Settlement Loan?
We know you have a choice of lawsuit settlement funding companies and are happy to assist you. To obtain a Texas lawsuit settlement loan in the quickest and easiest manner, please fill out the quick application or call 888-964-2224. We will get to work immediately and guide you through the process.
You can then relax and allow Fair Rate Funding to work for you. We routinely provide settlement funding for Texas personal injury lawsuits within 24 hours of receiving the paperwork from your attorney.
We provide settlement funding services for lawsuits in Texas and in the following states: Alabama, Alaska, California, 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, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, Wyoming and the District of Columbia.
Thank you for choosing Fair Rate Funding for Texas lawsuit funding. Call now: 888-964-2224.