If you have been involved in an automobile accident & searching for a settlement loan, begin by applying online with
LawLeaf.
LawLeaf, a leading online
lawsuit funding company provides settlement loan services for victims of auto accidents.
The most common settlement loan in the litigation financing industry is an automobile accident. There are thousands of automobile accidents throughout North America each day. While the majority of these accidents result in minor injuries, many are catastrophic and deadly. While many people handle these sorts of claims through their insurance companies others that have received injury and damages as a result, will hire legal representation to handle their claim.
Like many other personal injury related cases, an auto accident can take months or even years to litigate. If you are in need of money now and can't wait the time it takes to receive compensation from your injury, a lawsuit cash advance may help.
The following are several questions we received over the last month:
Auto Accident Settlement Loans Question: I am considering signing up for a settlement loan and when I asked my attorney for an advance, he said he wasn't legally allow to provide me an advancement against my case. Why can't he provide me with a settlement loan since he is handling my case?
Answer: The American Bar Association deems it unethical for a personal injury attorney provide financial assistance to a client as an advancement against a case. If your lawyer decided to provide a settlement loan against your case he runs the risk of getting disbarred. This means he could lose his license for practicing law.
Question: I received a settlement loan last month from a company. I am now searching for additional money against my case. Does LawLeaf have a lender that will provide additional funding for a case that has already been funded by another lender?
Answer: There are many lenders that won't provide second advancements against a personal injury case. This means if you have already secured a settlement loan from another lawsuit fundign company they would not provide second rounds of funding for your case. However, LawLeaf does have a lender it works with that provides second rounds of funding for automobile accident and other personal injury related cases. So if you are looking for additional funding for your case, LawLeaf may be able to help.
Question: I continue to read over websites about company's that provide auto accident settlement loans. I am interested in getting a cash advance against my accident. I see that these companies are willing to work directly with my attorney leaving me out of the process. Will I have an opportunity to speak with one of your lenders within the network prior to the company contacting my attorney? While most people would rather have a company talk directly with the lender, I would like to be included in the process as well.
Answer: Most not all of our lenders will first contact the plaintiff before contacting an attorney. If you request to speak with one of our lenders prior to contacting your attorney, we can accomidate the request. We would ask you to provide a comment in the intake form stating you want to talk with a lender before contacting your attorney.
Question: What are the rates that your network charges? How much money will it cost me to get a settlement loan through a litigation finance company?
Answer: Generally, autombile accidents provide the best rates within personal injury funding. If your attorney has already proved negligence on the other driver the rates will be much better. Each of our lenders do have different rates for different cases. Each lender typically works with an underwriting department or group that evaluates each case prior to making an offer. These rates do fluctuate for each case. For instance, we may have one lender that is wiling to give you a better rate and a larger cash advancement than another lender. It really depends upon the lender. This is one of the benefits of applying with LawLeaf. You get more choices on one application because our lenders will compete for your business.
If you are searching for additional information regarding automobile accident lawsuit funding visitit LawLeaf today. Their lenders are ready to compete for your business.