If you’re going through a personal injury lawsuit in Texas and need funds to survive the cash shortage because of the lawsuit, you can apply for Texas lawsuit loans. This funding proves to be a great way to help with the expenses of going through your case while waiting to receive compensation from the other party that harmed you.
What are pre-settlement lawsuit loans?
Pre-settlement lawsuit loans in Texas are a type of loan that is made especially for plaintiffs who are in the middle of a case. They can also assist you in paying for expenses related to your case:
- Allows You To Get A Settlement Faster: If you’ve already waited long enough and aren’t nearing a settlement, pre-settlement lawsuit loans can help you get the ball rolling again.
- Provides Immediate Relief: If you’re in need of funds now and don’t want to wait for a settlement, these funds could be what you need to make it through an emergency without having to go into debt or sell something.
- They Can Save You Thousands Of Dollars In Interest Rates: These types of loans often come with interest rates between 10% and 15%, which is significantly less than what credit cards offer or even other types of personal loans.
Why are Texas plaintiffs choosing lawsuit loans?
Here are three reasons why plaintiffs are finding lawsuit loans in Texas to be the best solution when they need money.
1) Lawsuit loans can give you the money you need to pay your bills
You may be thinking, “Why would I take out a lawsuit loan when I have the money to pay my bills in my savings account?” The answer is that you don’t want to put your savings at risk. If you lose your case, your savings account could take a big hit. A lawsuit loan can give you the money you need to pay your bills so that you don’t put all of your eggs in one basket.
2) Lawsuit loans can help you pay for your attorney’s fees
Paying for your attorney’s fees out-of-pocket is not always an option, especially if you are currently unemployed or have a limited income. These days, the only other option is to take out a lawsuit loan. Lawsuit loans can help you pay for your attorney’s fees and get you closer to settlement time so that you can start rebuilding your life.
3) Lawsuit loans can help you pay for expert witnesses.
One advantage of lawsuit loans is that they can help you pay for expert witnesses. This can be a huge cost to a plaintiff and may make it difficult to win the case. But with the money you get from a lawsuit loan, you can have expert witnesses testify on your behalf.
Cases We Fund
Texas lawsuit loans offer several advantages over traditional bank loans, including faster loan approvals and lower interest rates, but that’s not all they have to offer. While you may already know that lawsuit loans are better than going into debt to cover your legal fees and associated costs, you may not know which cases are eligible for lawsuit funding.
- Personal injury lawsuit
- Car accident lawsuit
- Product liability claims
- Slip and fall lawsuits
- Workplace harassment
- Sexual abuse lawsuit
- Commercial lawsuit
To see the complete list of eligible cases, please check the page Cases We Fund.
Do I need approval from a lawyer for lawsuit loans?
You do not need approval from a lawyer for lawsuit loans, but it is important to know your rights as a borrower. Many people think that they need approval from their lawyer before applying for lawsuit loans, but this is not the case. A lawyer can help you get the best possible results and protect your rights in court, but they cannot act on your behalf when it comes to borrowing money. You don’t need a lawyer’s OK to borrow money through lawsuit loans, but it might be a good idea to talk to one first if you don’t understand any of the terms or conditions in the contract. Further, lawsuit funding companies need to understand the case; therefore, it’s best to hire a lawyer who works on a contingency fee basis.
How can America’s Lawsuit Loans assist you?
With Texas being the second-largest state, the number of pending lawsuits is also high. If you are a plaintiff with a pending settlement and need urgent funds for paying bills and mortgages, we are the best provider of fast and non-recourse lawsuit loans for people struggling to finance a lawsuit that is pending. With our lawsuit loans in Texas, you can get quick cash advances to pay for legal fees and other costs.
We take due care of our clients, and we aim to offer the best lawsuit loans in Texas for all eligible cases. Our process for applying for lawsuit loans is simple and easy. It won’t cost you anything out of your pocket. It’s completely confidential, as we don’t need collateral, credit, or employment checks.
