SETTLEMENT CASH ADVANCES
Are you an accident sufferer seeking a settlement cash advance?
At Mayfield Settlement Funding, we understand that people who are hurt and occupied with a personal injury court action usually require cash quickly, and are not able to wait for their legal action to reach the end. These kinds of legal proceedings usually take months or possibly more time to resolve. When debt collectors are bothering you, the medical bills are rapidly escalating or you worry about losing your house, this can be very nerve-racking. If you’re looking into understanding more on how settlement cash advance functions and if you might be eligible, see the details below. What exactly is a settlement cash advance? In a nutshell, it is an advance against the funds you anticipate winning at the end of your lawsuit. These funds are useful to pay for household costs, medical expenses, or perhaps to purchase groceries.
Basically, a money advance against your unfinished settlement lets you enjoy life as you usually would while your lawyer battles to get the maximum reimbursement you are entitled to from those accountable for your injuries. Furthermore, a settlement cash advance often means the difference between your lawyer getting the means to aggressively battle on your behalf, instead of not having the ability to establish a solid case.
Insurance providers seldom, if ever, give a hurt person the reasonable reimbursement they deserve after getting injured because of carelessness. But, most people do take a low-ball offer, since they lack the strength to battle, or are in urgent need of funds. A settlement money advance can help you avoid taking just a tiny portion of what you are really entitled to. Once approved, you will get the funds you will need to meet costs while your lawyer strives for the maximum settlement you deserve.
This is how the process works. Your lawyer will send the necessary paperwork relating to the incident and resulting damages. Details about credit rating, job status and additional personal details is not needed, as the verdict on if you are eligible is predicated only on your court case. When submitted, if you are eligible for a settlement cash advance is determined promptly, often the same day. Once you are approved, your funds will be sent out right away, generally within 24 hours.
With a settlement cash advance, you have zero initial costs or additional out-of-pocket costs to concern yourself with. The procedure is non-recourse, meaning if your case is not won and you don’t get a settlement deal, you never pay back the advance. Should you win, you pay back the advance together with modest interest and charges only after you get your cash. You have zero risk, and never need to pay a cent from your own pocket.
Perhaps you are fed up with waiting on your settlement, or you urgently need it to fulfill your financial commitments? At Mayfield Settlement Funding, we are experts in offering hurt individuals with a service that will let you access your funds when you require it most. If you think a settlement cash advance is suitable in your case, speak to us today.
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.