When you are involved in an accident and cannot work because of it, your financial obligations can often become overwhelming. This is one way in which pre settlement funding companies can help, as they provide an advance that allows you to stay afloat while you wait for your settlement. This money can also go towards paying for your legal team, so that you do not end up losing your case just because you cannot afford the help that you need.
Paying Your Bills
Even if you have already filed your lawsuit, there is a good chance that it will take a considerable period before you receive your money. First, you will have to wait for the insurance company to make you an offer. If you decide that the offer is not good enough, you will have to file a lawsuit and wait for a court date. Once you finally get to court, you will have to wait for the decision to be made and then wait even longer for the insurance company to actually pay you. If you cannot work during this period because of your injuries, it could lead to financial hardship.
Before receiving your funding, you should look into the various payment options. If you would prefer a one-time payment, most lenders will provide you with a lump sum that must last you until a settlement is reached. It is also possible to receive your payments in installments, which acts like a paycheck. Either method can provide you with peace of mind as you deal with your injuries and court case.
Resolution Funding Group provides people in need with the money required to get through life until a settlement is reached. For more information or a free consultation, go to the group’s website at Resolutionfunding.com.