Legal Capital Corp Blog

Pre-Settlement Lawsuit Funding for Cases Near Chicago, IL and Nationwide

How Does Pre-Settlement Lawsuit Funding Work?

March 10, 2021

Pre-settlement funding is intended to provide financial relief to individuals and families who have suffered damages and are awaiting a settlement or verdict to collect compensation. It can be used to pay for anything, but is commonly used for:

  • Medical expenses
  • Rent or mortgage
  • Groceries
  • Household needs
  • Insurance
  • Car payments

Because there are no limitations on where you can spend pre-settlement funding, the service has different benefits for each person. If you find yourself in a desperate financial situation while awaiting a settlement, it…

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What Kind of Cases do You Offer Pre-Settlement Financing For?

February 09, 2021
Pre-Settlement Funding Case Types

With pre-settlement funding, you can secure money for needed expenses that may be compiling while you await the end of your case. This includes money for:

  • Groceries
  • Utility and phone bills
  • Mortgage and rent
  • Car payments and…
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What is Pre-Settlement Risk?

December 15, 2020
PreSettlement Funding

It is possible following a settlement that the liable party default on its obligation. This is called settlement risk. It is also possible that one party defaults on its obligation prior to the settlement date. This is called pre-settlement risk. In both instances, the obligee may suffer losses.

Pre-settlement risk may include failure on the part of one…

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How can I Get Money Before My Settlement?

December 01, 2020
PreSettlement Funding

It can take months, sometimes even years, for a personal injury case to settle. When an injury is serious, these months may also come with diminished income, increased medical expenses, and the financial strains that can accompany these things. In some cases, the financial harm done by waiting for a settlement is more than the settlement itself will actually…

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How Long Does it Take to Get a Settlement Check from a Lawsuit?

October 21, 2020

Woman in wheelchair and neck brace awaiting her personal injury settlement check

The process of a personal injury lawsuit is often quite long. Once you have decided to hire an attorney, it can be months or even years before a settlement is reached.

After your initial consultation, your attorney…

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Quiz: Pre-Settlement Funding True/False

October 14, 2020

How much do you know about pre-settlement funding through Legal Capital Corp? Take our short quiz to find out!

No matter if you ace every question or get caught up on a few, Legal Capital Corp is here to answer any questions you may have about pre-settlement funding and to ease the process of applying for and receiving…

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Auto Accident Settlement Advance

August 17, 2020

 

Woman injured in car accident opening car door

When you are injured in a car accident, you may require emergency services. The average cost of an emergency room visits following a car accident is $3,300…

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Can a Lawyer Give a Client Money?

August 10, 2020
Man in suit holding large stack of cash

During a personal injury lawsuit, your attorney will work on a contingency basis. This means that he or she will provide all legal services free of upfront costs, enabling you to seek justice without having to worry about legal fees. 

In most cases, if you do not win a…

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Pre-settlement Funding vs. Personal Loan

July 27, 2020
Woman with hands on head, wondering how she will pay for all of her bills

A personal loan can provide you with needed cash quickly. Fairly easy to obtain, even with damaged credit, the APR for personal loans can range from 3.99% to 36%. The rate you secure will be based on your credit history, current income, and other factors.

As of this writing,…

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How A Lawsuit Loan Can Help You After a Car Accident

July 13, 2020

image of an injured woman being helped by medics after a car accidentIn an instant, a car accident can turn your life upside down. You may suffer severe, possibly irreversible, physical and emotional trauma. You may be facing high medical bills, time away from work, and the loss of a vehicle while…

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