If you suffered any physical or sexual abuse during your stay at the Youth Development Center, you are liable to receive fair compensation for the trauma you have been through. Many individuals have already filed multiple cases against YDC demanding compensation for the damages they have faced. But fighting a legal battle is not easy; it needs a lot of cash to continue with court proceedings. You can take a YDC lawsuit loan to cover the litigation expenses if you have a pending settlement against the Youth Development Center.
In 2022, lawmakers set aside $100 million to address abuse claims from former residents of the Youth Development Center. This decision came in response to multiple allegations of abuse at the facility, which happened for several years. With many people coming forward and suing the YDC, the number of cases is increasing; this indicates that the abuse was indeed extensive.
Those plaintiffs who are part of the YDC claim and awaiting settlement can get lawsuit loans against their pending YDC settlement. They can use the amount to cover the expenses of the lawsuit and for personal expenses, too.
What are Lawsuit Loans?
Lawsuit Loans are non-recourse cash advances made directly to plaintiffs. This means the funds are not a traditional loan – you only repay if you win your case. If you lose your case, you owe us nothing. The amount you get as a lawsuit loan is based on the expectation of your future settlement award. While taking a cash advance, you agree to surrender a certain portion of your future settlement value.
When you get lawsuit funding, you are not restricted to using it for litigation expenses; you can also use it for other purposes. For example, you can pay off medical bills related to your trauma, like psychological therapies or any other medical care required. We understand that physical and sexual abuse can be traumatic and can leave a scar for life; a lawsuit can help you get compensation for the damages you suffered. However, to continue with the lawsuit proceeding, you need cash; a lawsuit loan will greatly help during that time.
Benefits of a YDC Lawsuit Loan
One of the biggest advantages of getting a lawsuit loan against your pending YDC settlement is that you get easy cash without putting on any debt. Since your ongoing lawsuit is the collateral for the lending company, you will get cash based on the expected settlement value. Also, if you lose the case, you don’t have to pay, as the lender is taking the risk of funding your case, making it risk-free for the plaintiff.
Another major advantage of getting a YDC settlement loan is that your financial history and current employment status play no role. So if you have a pending court case against YDC for the abuse, and you don’t have a good credit score, and you need cash to cover litigation expenses, you can get settlement loans with ease.
Who Are Eligible To Get YDC Lawsuit Loans?
To become eligible for YDC lawsuit funding, you must be the plaintiff in an active YDC case. Below are a few criteria you need to fulfill:
- You have suffered physical and sexual abuse during your stay in Youth Development Center.
- You have filed a lawsuit against YDC demanding compensation for the trauma.
- An attorney is representing you in court and working on contingency fees.
- You agree to share a portion of your future settlement award in exchange for money right now.
Other than plaintiffs, even attorneys can get attorney funding if they are part of a YDC claim and represent multiple clients who have faced abuse during their stay at YDC.
How Can You Get Settlement Loans Against YDC Claims?
Getting a settlement loan against your YDC claim is quick and convenient. Follow the steps below to get a cash advance.
- Complete a short application online or by phone. Case-related information is required.
- Wait for the evaluation of your case. If your case is strong you will get the approval.
- Once our team approves your application, we will send a contract listing details of case funding, interest rate, and other terms.
- Please review and sign our contract and documents electronically. After we receive a signed copy, we will wire the funds to your account.
Youth Development Center Child Abuse Victims Can Get Pre-Settlement Funding
We understand that people who suffered abuse while they were in YDC, a facility that is meant to help children in their future development. Abuse can be a scar for life, not just physically but even traumatically. If you are one of the victims of YDC abuse, you can get pre-settlement funding so that you can cover the litigation expenses while you fight legal battles to get fairly compensated.
To get the pre-settlement loan, you need an active YDC claim, an attorney who agrees to work with us and consent for a lawsuit loan. Get the cash advance now and continue with court proceedings without worrying about money. Our lawsuit loans are risk-free, as you only need to repay if you win your claim.
