Legal Funding

LEGAL FUNDING

Legal funding is a procedure by which anyone who has been hurt because of another person’s carelessness could get an advance against an imminent settlement, once approved. At Mayfield Settlement Funding, we strive to assist injured individuals “level the playing field” as it were, against insurance providers who usually try to settle for significantly less than victims are entitled to, or draw out the claim settlement procedure for weeks or even months. Being a leader in the legal funding sector, we understand how difficult it can be once you have been hurt to pay for the expenses. Without monetary help, you may experience financial disaster, and even bankruptcy.

People who were hurt in automobile or slip and fall incidents, due to medical negligence or faulty items, or perhaps due to a dog bite/attack usually file a personal injury lawsuit. The issue is the legal procedure is often slow-moving; however, you are plunging more into debt because of medical expenses or even an inability to do your job. Legal financing lets people who are eligible to secure a cash advance against the settlement they expect to get. This funding is often ready within 24 hours of approval; therefore you get the money you need quickly.

Do you pay any advance fees or additional expenses?

No. With legal financing, you repay absolutely nothing unless you actually win your court action and get your cash. At that point, you can pay back the legal funding company the previous amount of money advanced, in addition to a nominal charge as well as interest fees. If you lose, you pay back nothing at all.

At Mayfield Settlement Funding, we help to get YOU in control over your lawsuit.

At Mayfield Settlement Funding, we help to get YOU in control over your lawsuit.
The funds you are advanced will not just allow you to pay off medical bills and household expenses, but will grant your lawyer the finances to develop a strong case for you.

Insurance providers usually offer hurt victims much less than they are eligible for; personal injury legal proceedings often tend to be long lasting and drawn out. Sufferers soon realize that their savings are depleted, and paying for the expenses becomes challenging. Legal funding allows you to enjoy life as you usually would while waiting for a settlement deal. The funds advanced to you against your settlement enables you to pay off household expenses and medical bills, even to purchase groceries.

People who apply for legal financing enjoy that they never need to give details about job status or credit rating. The legal funding procedure demands only details that are related to your incident and resulting health problems, which your lawyer will supply.

It is your funds; you should get access to it at any given time. At Mayfield Settlement Funding, we assist in making legal financing a speedy, uncomplicated and straightforward procedure. Don’t settle with the insurance provider because of desperation!

Services rendered by Mayfield Settlement Funding are not to be considered lawsuit loans. The terminology “loan” and “loans” are not correct legal or financial terminology or definitions describing transactions that provide legal cash advances or legal funding. Loans require repayment, which is unlike legal funding which is non-recourse cash advance. Legal funding only requires payment when the plaintiff receives a monetary award or settlement of their case.

QUESTIONS?

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