Slip and Fall Lawsuit Loans

How do I qualify for a lawsuit loan on my slip and fall case?

Before you apply for a lawsuit loan, you must have a slip and fall lawsuit filed and pending in a state or federal court, and you must be represented by a personal injury attorney. The reason for these requirements is that repayment of the cash advance given to you by the funding company is repaid from the money awarded through settlement or verdict in the case.

And your personal injury attorney has a key role in the application and underwriting process as the source for all of the information the funding company needs in order to evaluate the claim and determine whether you can win and the anticipated value of the case. The complaint containing the allegations against the defendant, details about the evidence available to prove liability and damages in the case, and deposition transcripts the funding company needs to evaluate your lawsuit usually come from your attorney.

How much pre-settlement funding can I qualify for?

During the underwriting process to qualify the lawsuit for funding, the company offering the loan evaluates the projected value of the verdict or settlement anticipated in the lawsuit. Funding companies authorize funding for a percentage of the value of the case with some companies funding from 5% to 15% of the value.

LawsuitLoans.io offers to fund as much as 50% of the value of a case depending on what stage the case is at in the litigation process. Contact LawsuitLoans.io by calling us at (800) 340-4973 for answers to questions about lawsuit funding we offer.

The benefits of legal funding for premises liability claims

A slip and fall accident happens suddenly and without warning, so rarely is there an opportunity to prepare for the fall and protect yourself. Traumatic brain injury, bone fractures and other serious injuries are common and take a long time and extensive medical treatment to recover from.

The resulting medical bills combined with not being able to work can put tremendous pressure on you and your family. Fortunately, legal funding may help ease the pressure. Some of the benefits offered by lawsuit funding include:

• Use the cash advance from legal funding for virtually anything – no strings attached. The cash advance can be in your bank account within 24 hours from when your lawsuit is approved for funding. It is your money to do with as you wish.
• A common tactic used by claim adjusters for liability insurance companies is to slow negotiations and, when possible, delay the lawsuit as much as possible, using a plaintiff’s financial difficulties to achieve a favorable settlement for much less than the true value of the claim. A lawsuit loan gives you time to wait for a fair settlement of your slip and fall or other premises liability claim, taking that leverage away and allowing your lawyer to take the time needed to get you adequate compensation.

Consider a lawsuit loan as a way to level the playing field and, perhaps, even get an edge over the insurance company.

Slip and fall lawsuit information

A slip and fall accident does not happen by chance or because you tripped over your own feet. Slip and fall accidents happen because someone was negligent or careless and allowed a hazardous condition to exist that caused you to lose your footing and fall.

It does not take much for there to be an accident. Water spraying beyond the vegetables in the produce aisle of your local supermarket is allowed to remain on the floor as a hazard for anyone walking on it. It will be up to your personal injury attorney to investigate the accident to identify and gather evidence to prove fault of the party responsible for causing you to slip and fall.

A few of the questions that people injured in slip and fall accidents frequently ask include:

• How long do slip and fall lawsuits take to settle? As a general rule, cases with serious injuries take longer to settle than those with minor injuries. One reason is that liability insurance companies want to get through the discovery phase of a lawsuit to see just how strong a plaintiff’s case is before offering a substantial settlement.
• How much can you get for a slip and fall settlement? The facts of the case, the severity of your injuries, the evidence available to prove that a defendant was negligent, and the amount of recent settlements or verdicts in similar cases in courts in your state all influence the value of the settlement of your claim.
• How do you win a slip and fall lawsuit settlement? Liability insurance companies settle cases when they believe it is better for them and their insured to settle rather than go to trial. Your personal injury lawyer knows that the defense lawyers and insurance adjuster for the parties you are suing use their evaluation of the strength of your case based on the evidence available to prove it. There is less likelihood of them risking a trial if their evaluation of your claim leans more toward a plaintiff’s verdict at trial than a verdict for the defense.

Your personal injury lawyer can provide you with specific answers to these and other questions based on the evidence and facts of the case.

Why work with LawsuitLoans.io for slip and fall funding?

Work with LawsuitLoans.io when you want a pre-settlement funding company that believes in transparency in its transactions with people in need of lawsuit funding for a slip and fall lawsuit. We offer some of the lowest interest rates in the industry starting at 2.5% simple interest per month. There are no upfront charges or hidden fees.

The people working at LawsuitLoans.io give you access to all of the information that you and your lawyer need to make an informed decision about lawsuit funding and feel good about it. Contact us with any questions or concerns that you have about funding for your slip and fall lawsuit.