5 Strategic Benefits of Getting a Pre-Settlement Cash Advance

Waiting for both a settlement and its payment can take significant resources. We take a look at some of the strategic benefits of a pre-settlement cash advance.

Are you looking for ways to cover the expensive medical bills while you await a settlement? Do you find yourself hesitant to seek medical attention due to fear of paying for those bills before you’ve been given workers’ compensation?

If so, then you need to learn all you can about receiving a pre-settlement cash advance. Doing so can help you learn as much as possible about how to cover those immediate costs while you wait for a settlement from an insurance provider.

See below for an in-depth guide on the many benefits that pre-settlement funding can offer you and why you and your attorney should apply for it right away.

1. Helps Solidify Your Case

There are many people out there that doom their chances of receiving a settlement for their injuries from the start. Finances can complicate things for a lot of people.

Many people out there think that the best play is to wait for a settlement before they receive medical attention for their injuries. But what they don’t realize is that this can sabotage their lives in many ways.

First, if you delay seeking medical attention, then your injuries won’t recover as they should. This can lead to a long-term disability if you aren’t careful. It’s all about aiding yourself in your recovery by giving yourself access to the finest medical professionals around.

Second, not seeking medical attention right away can give the opposing insurance company more ammunition against your case. They’ll claim that, if your injuries were as severe as you’re implying, then you would’ve sought out medical benefits a lot sooner.

A pre-settlement cash advance can help you solidify your case. Instead of giving in to a low-ball settlement offer, you can ride the storm out and wait for the compensation you’re entitled to. However long it may take, you and your attorney are in a great position to do so.

2. Simplistic Process

The settlement process is stressful enough. Between hearing out your attorney for step-by-step instructions, prioritizing your recovery, and balancing your work and personal life, you’re filled to the brim. The last thing you need is another elaborate process to add to your plate.

You shouldn’t have to sacrifice time to get your hands on the money you desperately need. That’s why we here at Legal Bay Lawsuit Funding have created a simple application process for clients just like yourself.

First, visit the link above and hit the “Apply Now” button to get started. Simply fill out the application that we give and enter it into the fields that we provide.

After you fill that out, one of our friendly sales representatives will reach out to you with more information.

They’ll walk you through the process of providing us with the necessary case documents or reach out to your law firm directly. That information can help us evaluate your case.

After our underwriting department has gone through those case documents, we will provide you with a funding amount in 24 hours or less. You can either accept or decline our offer without any strings attached, giving you total peace of mind!

3. Lessens the Risk Involved

Like it or not, there will always be some risk involved in your case. There’s always the chance that you don’t receive a settlement amount at all; so if you’re dependant on that settlement to cover the cost of medical bills, lost wages, and so forth, it can take a devastating hit on your financial situation.

Thankfully a pre-settlement cash advance (AKA “pre-settlement funding”) allows for a way to lessen that risk.

The provider will give you all the financing you need in the short term to cover your expenses that you otherwise wouldn’t need to be paying (if it weren’t for the accident you sustained).

The best part? You only owe money back on the pre-settlement funding if you win your settlement, and even then, a pre-settlement loan with us will give you low-interest rates to pay back.

If you lose your case, then you’ll owe nothing in return. That’s right, ladies and gentlemen, we don’t ask for a penny unless you win your settlement!

4. Peace of Mind

Nobody enjoys worrying about money. You didn’t ask for this to happen, you wish you weren’t in a position where you had to actively pursue compensation for your injuries; we get it.

That’s why we’re so passionate about helping you cover short-term costs related to your case. It can give you total peace of mind during one of the most hectic seasons of your life.

You and your entire family will find it easier to weather the storm with a pre-settlement advance by your side.

5. You Can Be More Aggressive

Without pre-settlement funding, you’ll find that you and your attorney can only push the needle so far in your case. If the attorney is too aggressive, it could rub the insurance provider the wrong way.

But with pre-settlement funding, all that goes out the window. Like we said before, if you lose your case, you won’t owe us a cent.

That freedom allows your attorney to be more aggressive in pursuing the compensation you deserve.

Apply for a Pre-Settlement Cash Advance for Your Case

Now that you have seen an in-depth guide listing all of the benefits of receiving a pre-settlement cash advance for your case, be sure to use this information to your advantage.

Take the time to visit this page and learn all about our full list of cases we fund and whether or not yours qualifies. To get started, please contact us by phone at 877-571-0405 and we will be happy to assist you further.


Translate »
Call Us Contact Us