Personal injury lawsuits often involve large settlements to cover medical expenses, partial or permanent disability, and pain and suffering. The legal process can take months or years, which is why many plaintiffs seek a cash advance to help them cover rent and bills while they wait for their case to reach a settlement or verdict. However, not every personal injury case is won. Many plaintiffs are concerned about their financial liabilities if their lawsuit is unsuccessful at recovering damages and compensation.
Do you have to pay back the cash advance if you lose your case? Not if your cash advance was with Legal Capital Corp.
Countless companies and institutions offer pre-settlement funding, but it’s crucial you understand the terms when you sign a contract for a lawsuit cash advance. At Legal Capital Corp, we provide pre-settlement funding to plaintiffs in Chicago and nationwide with zero up-front fees, no interest, and low, capped pricing. The best benefit of partnering with Legal Capital Corp is that you don’t pay back the cash advance if you lose your case. That places all of the risks on us so that you can focus on your personal injury claim and recovering from injuries or the loss of a loved one.
Be wary of any business that’s asking for an application fee, especially if the cost of applying is a chunk of what you’re asking for such as a situation where you’re looking for a $1,000 advance with a $250 application fee. Watch out for compounding interest which can add up quickly if your case takes longer to reach a settlement. You can avoid these issues by speaking your personal injury attorney first so he or she can make sure you’re working with a reputable company and look over your lawsuit advance agreement.
The Viability of Your Claim & Choosing the Right Personal Injury Attorney for Your Case
If you lose your personal injury lawsuit, you may not have to pay back your cash advance, but you could be financially responsible for all the legal fees associated with your case. Choosing the right attorney will strengthen your claim and protect your finances. Legal Capital Corp has these three tips for choosing a personal injury lawyer:
- Free Consultation: Most lawyers who specialize in auto accidents, medical malpractice, and other forms of personal injury claims offer free consultations. You should not have to pay an attorney to meet with them and discuss the viability of your claim.
- Contingency Basis: Attorneys who work on a contingency basis only get paid if your case is successful. This protects you in many ways because they will only represent you if he or she believes you will win as you both benefit from a substantial settlement. You also won’t have to pay out of your own pocket during the claims process.
- Reputation and Case Results: Before you choose an attorney, look at their case results and reviews from former clients. You need a personal injury lawyer with years of experience who has a good reputation and successful verdicts.
Get a Cash Advance for Your Personal Injury Lawsuit Today
If you’re struggling to pay your bills and rent on time, pre-settlement funding can help you afford these expenses while your lawsuit goes through the claims process. Use our free online application or contact us in Chicago today at (312) 204-7939.