Pembroke Pines, Florida Lawsuit Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
Apply in Seconds
What Are Lawsuit Loans in Pembroke Pines, Florida
If you’re injured and pursuing a legal claim, you might find yourself needing funds to tide you over until your case is resolved. That’s where a lawsuit loan comes in. A lawsuit loan, also known as pre-settlement funding, provides cash advances to plaintiffs based on their potential legal settlements.
Here at LawsuitLoans.io we provide lawsuit loans for claims all over Florida including Pembroke Pines. If you want to learn more about our services in Florida, visit our Florida Lawsuit Loans page.
Lawsuit loans are non-recourse loans. This means if you don’t win your case, you don’t need to pay back the loan. Now, let’s see how this works using a hypothetical example.
Meet James from Pembroke Pines, Florida. James was walking home one evening when a car hit him. The accident resulted in serious injuries and hefty medical bills. Because of his injuries, James couldn’t work and fell behind on his bills.
James decided to sue the driver but knew it could take time to settle the case. Meanwhile, his bills were piling up. So, he applied for a lawsuit loan with LawsuitLoans.io to help with his expenses.
After assessing James’ case, LawsuitLoans.io approved his application and advanced him some funds. These funds helped James cover his bills and living expenses while he waited for his case to settle. Since the loan is non-recourse, if James loses his case, he won’t need to pay back the money.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Important Florida Lawsuit Loan Information
Lawsuit loans are cash advances against a potential settlement or verdict in a lawsuit. Many plaintiffs in Florida turn to lawsuit loans from LawsuitLoans.io to sustain their personal finances while waiting for the resolution of their cases. Here’s some noteworthy information about lawsuit loans from LawsuitLoans.io in Florida:
|Average loan amount by LawsuitLoans.io in Florida||$13,207.54|
|Largest loan by LawsuitLoans.io in Florida||$202,214.00|
|Average semi-annual rate in Florida||20.7%|
|Median personal injury verdict in Florida||$31,000.00|
|Florida statute of limitations||2 Years; Florida Statutes Section 95.11(4)(b)|
|Florida fault laws||Florida is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident.|
|Jacksonville population, 2020||171,178|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Common Case Types We Fund in Pembroke Pines
At LawsuitLoans.io, we understand that various legal claims require financial support while awaiting settlement. We provide funding for several common case types in Pembroke Pines.
1. Auto and Other Roadway Accidents
These claims typically arise when a motorist or pedestrian is injured due to another person’s negligence on the road. Victims may suffer injuries that need immediate attention, thereby requiring financial support.
2. Premises Liability
Premises liability claims involve accidents or injuries that occur on someone else’s property due to unsafe conditions. These conditions could include faulty staircases, slippery surfaces, or inadequate security measures.
3. Medical Malpractice
Medical malpractice cases occur when a healthcare provider fails in providing the standard of care, leading to patient harm. Such lawsuits are time-consuming and often necessitate financial help during the litigation period.
4. Labor Law Claims
Labor law claims usually involve violations of workers’ rights. This can involve issues like unpaid wages, discrimination, or unfair dismissal. Plaintiffs often require funding support as these cases may take time to resolve.
5. Employment Claims
Employment claims usually occur when an employee or former employee asserts their rights against unjust employment practices such as discrimination, harassment, or wrongful termination.
6. Other Personal Injury Claims
In addition to the above, we also fund other personal injury claims which result from accidents or injuries sustained due to another party’s negligence.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Lawsuit Loan in Pembroke Pines?
To apply for a lawsuit loan with LawsuitLoans.io, there are certain key criteria you need to meet. Let’s go through each requirement briefly:
- Legal Claim: One of the most critical requirements is that you have a legitimate legal claim against a party. This opposing party can be an insurance company, a self-insured entity, or a large public organization.
- Legal Representation: It is mandatory to have an attorney representing your case. Without this, you won’t be eligible for a lawsuit loan with us.
- Age Requirement: You must be at least 18 years old to apply for a lawsuit loan with LawsuitLoans.io. We cannot provide lawsuits loans to minors under any circumstances.
If you meet the above criteria, you are potentially eligible for a lawsuit loan in Pembroke Pines through LawsuitLoans.io. Remember, our goal is to empower plaintiffs, like yourself, during a challenging legal process by providing pre-settlement funding.
Apply today and get funds as soon as the same day you apply!
Our Pembroke Pines Lawsuit Loan Process
Understanding the process of getting a lawsuit loan can often appear complicated. At LawsuitLoans.io, we simplify the process for plaintiffs’ convenience. We work with you every step of the way, ensuring you comfortably navigate the stages to secure your much-needed funds. This article will walk you through the fundamental steps involved.
The Five Main Steps
There are five main steps in securing a lawsuit loan:
- Apply online: Your journey starts at our application page, LawsuitLoans.io funding application. All we need is key details about yourself and your case.
- We contact your law firm: After you’ve completed the applying stage, we reach out to your law firm to gather additional information about your case.
- We review your case: With the provided details, we do a quick but thorough review of your case to determine if you qualify for funding.
- You sign a contract: Once approval is confirmed, we’ll share a contract that outlines the terms and conditions of the lawsuit loan. You and your lawyer review and sign this document.
- You get funds: Following the contract signing, the funds are delivered directly to you, so you can use them as needed.
A Practical Example
Lena, a plaintiff in a personal injury lawsuit case, needs funds to cover medical and living expenses while awaiting her case resolution. She’d come across LawsuitLoans.io and decided to apply for a lawsuit loan:
- Lena applied online at LawsuitLoans.io funding application by filling out the straightforward form.
- Soon after, LawsuitLoans.io contacted Lena’s law firm to get more details about her ongoing case.
- The team at LawsuitLoans.io reviewed Lena’s case and determined she was eligible for a lawsuit loan.
- Lena and her attorney received a contract that outlined the terms of the loan, reviewed it, and signed it.
- Shortly afterward, Lena received the much-needed funds directly. She could then use them to finance her necessary expenses while waiting for her case adjudication.
This step-by-step process guarantees to make securing lawsuit loans as smooth and stress-free as possible. To start your lawsuit loan application, visit our funding application page now.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can go as low as $500 and as high as over $1,000,000. If your legal case is ongoing, we can provide up to 25% of what you’re expected to receive from your settlement. This percentage goes up to 50% for cases that have already been settled.
Let’s take a look at an example: Consider a plaintiff from Pembroke Pines involved in a car accident case. The estimated value of their case is $100,000, but the case will not be settling anytime soon. After medical providers and attorneys are paid their respective shares (roughly 1/3 each), the plaintiff is projected to receive around $35,000. In this scenario, LawsuitLoans.io can provide an advance of about 25% of that amount, which equals to around $8,250.
Get $500 – $100,000 as soon as today
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same day you apply with us.
How quickly can I get a pre-settlement lawsuit loan in Pembroke Pines?
At LawsuitLoans.io, we understand that legal proceedings can often seem like they take forever. This can be especially true when you’re dealing with a personal injury or other legal claims and waiting for a potential settlement. However, when it comes to getting a pre-settlement lawsuit loan, the process is much quicker.
Once you’ve submitted your application, our team at LawsuitLoans.io starts reviewing your case immediately. We strive to make a decision within 24 hours. This means that plaintiffs can potentially receive funds very quickly after their application is submitted.
To illustrate, consider this example: John, a resident of Pembroke Pines, filed an application on a Monday morning at 10:00 AM. Shortly after, our team started reviewing his case. By Tuesday morning around the same time, John received a communication informing him about the approval of his loan. Once approved, the funds are usually disbursed immediately. Thus, John was able to access his loan funds within approximately 24 hours of his application submission.
We at LawsuitLoans.io are committed to providing efficient and rapid service to all our applicants across the country. Remember, if you have questions or need more information, feel free to reach us at our toll-free number ((866) 594-1343) or to submit an application, visit our application page here.
Pros and Cons of Pre-Settlement Funding in Pembroke Pines, Florida
The benefits and costs often go hand in hand in every decision-making process. Similarly, deciding to get pre-settlement funding is closely related to understanding its associated benefits and costs. To shed more light on this, let’s look into the pros and cons of pre-settlement funding.
Benefits of Pre-Settlement Funding
There are several advantages to obtaining pre-settlement funding. Firstly, it provides financial relief to victims waiting for their lawsuit to conclude. Instead of being burdened with numerous bills and financial worries, you can focus solely on your recovery. Secondly, it provides early access to funds. As a plaintiff, you don’t have to wait for a long time to receive the settlement. This is beneficial, especially in medical emergencies or immediate financial needs.
Another advantage is, it helps avoid early settlement pressure. Often, defendants or insurance companies try to pressure plaintiffs into accepting a lower settlement. With pre-settlement funding, you won’t feel pressured into settling for less than what you deserve. Finally, the non-recourse nature of lawsuit loans means that if you don’t win your case, you won’t need to repay anything.
Costs of Pre-Settlement Funding
The cost of pre-settlement funding is generally high, as the interest rates for these types of loans tend to be relatively high. You may end up paying much more in the long run, depending on how long your case takes to resolve. Furthermore, the industry for pre-settlement funding is often criticized for being under-regulated or even unregulated. This makes it risky for uninformed plaintiffs.
Additionally, it’s important to note that you need to have a well-developed case with an attorney working on a contingency basis before being considered for a lawsuit loan. Not having a strong case or an attorney reduces your chances of being approved for pre-settlement funding.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Pembroke Pines Pre-Settlement Funding FAQs
We understand that you may have many questions about pre-settlement funding in Pembroke Pines, Florida. We aim to provide clear answers to some of the most frequently asked questions.
How much does it cost to get a lawsuit loan?
The cost of getting a lawsuit loan varies depending on the amount of money you need to borrow and the specifics of your case. Lawsuitloans.io works with each client individually to structure funding agreements that work in their best interest.
Do I qualify for a lawsuit loan?
Qualifying for a lawsuit loan involves a few key factors. Firstly, you need to have a legal claim that is likely to result in a cash award or settlement. Secondly, you must have hired a lawyer and they must agree to a lien being placed on your future earnings or settlement. Lastly, you must be the plaintiff (the person making the claim) in the court case.
If you have bad credit, can you get pre-settlement funding in Florida?
Yes, at LawsuitLoans.io, we understand that pursuing a lawsuit can put financial stress on an individual and negatively impact their credit score. We do not consider credit scores when determining eligibility for lawsuit loans. Our approval process is based solely on the merits of your case.
Other Cities we Service in Florida
LawsuitLoans.io provides funding throughout Florida. See more about our funding in other key Florida cities by visiting the pages below:
Apply today and get funds as soon as the same day you apply!