Pre-Settlement Cash Advance Solutions
Financial Relief for Plaintiffs in Pending Lawsuits.
If you’re a plaintiff in a personal injury lawsuit, you’re likely dealing with financial strain. Medical bills, rent, and other daily expenses can pile up, creating stress while you wait for your case to settle. With PrimeCare Network’s pre-settlement cash advance, you don’t have to wait for financial relief. Our funding can help you manage expenses, giving you peace of mind and allowing your attorney to focus on achieving the best outcome for your case.
What is Pre-Settlement Funding?
Pre-settlement funding is a non-recourse cash advance provided to plaintiffs with pending legal claims. Unlike a traditional loan, pre-settlement funding is based on the expected outcome of your case. If your case settles in your favor, repayment will be made from your settlement. However, if your case doesn’t succeed, you owe nothing.
How Does Pre-Settlement Funding Work?
The process for obtaining pre-settlement funding is quick and straightforward:
- Contact Us: Begin by filling out an application online or calling us at 888-474-8473.
- Case Evaluation: If you meet the basic qualifications, PrimeCare Network will contact your attorney to gather necessary information about your case.
- Underwriting Review: Our experienced underwriters will assess your case’s strength and potential settlement amount.
- Approval and Agreement: Once approved, you, your attorney, and PrimeCare Network will sign an agreement.
- Receive Your Funds: After signing, you’ll quickly receive your funds to cover any expenses you choose.
Key Qualifications for Pre-Settlement Funding
To qualify for pre-settlement funding, you’ll need to meet the following requirements:
- Strong Case Potential: Your case must demonstrate a likelihood of a favorable settlement.
- Attorney Representation on a Contingency Basis: You must have legal representation, with your attorney only receiving payment if they win or settle your case.
- Defendant’s Ability to Pay: The liable party must have sufficient financial resources or insurance to cover the settlement or judgment.
Additional Factors We Consider
- Extent of Damages: This includes physical, emotional, and financial damages stemming from your injury. Previously, only severe injuries qualified for legal funding, but now we also consider less severe injuries like soft tissue injuries (e.g., sprains, strains).
- Liens and Expenses: We’ll evaluate potential deductions from your settlement, such as medical liens or other expenses, to ensure sufficient margin for investment.
- Attorney Cooperation: Your attorney must agree to the funding, provide case documentation, and acknowledge the agreement.
Benefits of Pre-Settlement Funding for Plaintiffs
Before pre-settlement funding was available, plaintiffs often relied on credit cards, traditional loans, or personal savings to get through the litigation process. Legal funding provides a safer, more flexible alternative with several key benefits:
- No Credit Check Required: Unlike traditional loans, your credit score is not a factor. Pre-settlement funding won’t appear on your credit report as a liability.
- No Risk if You Lose Your Case: If your case doesn’t settle or you lose, you owe nothing. Legal funding is non-recourse, meaning you only repay if you win.
- Avoid Financial Pressure: With a cash advance, you won’t be forced to accept a low settlement due to financial stress. This allows your attorney time to negotiate the best possible outcome.
- Flexible Use of Funds: You can use your cash advance for any expenses, including rent, mortgage, medical bills, car payments, and daily living costs.
Benefits of Legal Funding for Attorneys
Pre-settlement funding not only helps plaintiffs but also provides advantages for attorneys:
- Relieves Financial Pressure on Clients: When clients have access to funding, they’re less likely to pressure attorneys to settle quickly for a lower amount. This allows attorneys to focus on securing the best settlement.
- No Interference with Legal Strategy: Legal funding companies like PrimeCare Network do not interfere in your case. You retain full control over your legal strategy, whether you’re negotiating a settlement or preparing for trial.
- More Time to Focus on the Case: With clients’ financial stress alleviated, attorneys can concentrate on building a stronger case without distractions.
Why Choose PrimeCare Network?
At PrimeCare Network, we understand the financial hardships plaintiffs face during a pending lawsuit. Our process is designed to be fast, transparent, and supportive, so you can focus on your recovery and legal case.
- Quick Approvals and Fast Funding: Once approved, funds are typically available within 24-48 hours.
- No Hidden Fees: Our agreements are clear, with no hidden costs.
- Nationwide Service: We provide funding to plaintiffs across the U.S., with specific options tailored to state regulations.
Take Control of Your Financial Future Today
Don’t let financial stress dictate the outcome of your case. PrimeCare Network is here to provide the cash advance you need to cover expenses and give your attorney the time to secure the best possible settlement.Call 888-474-8473 or Apply Now to start your pre-settlement funding process today.PrimeCare Network provides pre-settlement funding, also known as consumer litigation funding, to its customers through different products depending on their state of residence or cause of action. Many consumers will receive pre-settlement funding in the form of a purchase agreement, which assigns a portion of the pending proceeds from their legal claim. Other consumers, such as those in South Carolina and Colorado, may be offered funding as a pre-settlement loan, sometimes referred to as a lawsuit loan. These transactions have important differences, so consumers should carefully review and understand the terms offered by any funding company.