When we refer to lawsuit funding for car accidents we refer to a lawsuit loan or lawsuit loans. Car accident lawsuit funding is that of pre settlement funding or loan against future compensation against a settlement. Unlike a standard loan, lawsuit funding for a car or automobile accident is paid back by the plaintiff only if he or she receives a cash settlement. This is also commonly referred to as non-recourse funding.
When LawLeaf processes applications for lawsuit funding for car accident victims we understand the importance of getting cash immediately, however, we also understand that people are always looking for the best type of funding possible. That is why LawLeaf works with a network of lawsuit funding lenders that actively compete for your funding.
When a lender look at car accident cases they look at several different areas which include:
- Whom was at fault
- Have you hired an attorney
- What were the extend of the injuries resulting from the accident
- What is the estimated case worth
- Have you received lawsuit funding in the past for the same accident
- How long will the case take to settle
- What is the strength of your case
- Police reports
- Medical reports
- Accident reports
- Witness statements
If you are currently searching for lawsuit funding and you would like our network of lenders to compete for your business, contact LawLeaf today. Please visit our website at www.lawleaf.com
Posts
