Legal Capital Corp Blog

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

Welcome to Our New Blog

April 25, 2018

Welcome to the new blog of Legal Capital Corp. Here, we will discuss the topics that matter to you right now. We will answer commonly asked questions and share pertinent information and recent developments related to pre-settlement funding.

We understand that if you are going through a personal injury lawsuit, this may be one of the most difficult and challenging periods of your life. You may be suffering from pain, trauma and a wide range of financial burdens. When medical bills pile up and you are unable to work because of someone else’s negligence, it is easy to become overwhelmed with worry and uncertainty about your future and the well-…

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MAKE A BUDGET

February 02, 2017

If you have been injured in an accident and are out of work, you are most likely in need of money to pay all those bills before your case settles. The very first thing you should do is make a budget. How much is your rent, what do you spend on groceries, what about those utilities and the monthly phone bill? Write them all down on a piece of paper and then add them up to figure out how much it will cost you to live each month. Then compare it to any monthly income or savings that you might have. If it looks like you will soon be out of money, call Legal Capital. We will make you a cash advance that will help you get by until your attorney settles your case. Legal Capital charges only on…

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HELP YOUR ATTORNEY HELP YOU

January 24, 2017

Here are some suggestions on how you can help your attorney help you. Listen yo him carefully; read all of his correspondence; provide him with all the information you have about your personal injury accident; show up on time for all of the appointments; and, if you have questions, ask him. Also, it is important to follow your doctor’s instructions. Do your therapy; take your medicine; and show up for the doctor appointments. Remember: your attorney and your medical providers have your best interest at heat. Follow their instructions and you will help them help you. It has to be a team effort. If you need money, call Legal Capital. We can make you a no interest flat-fee cash advance.

AVOID PAYING COMPOUND INTEREST

January 18, 2017

Einstein called compound interest the 8th Wonder of The World. Why? Because a very small number can turn into a very large number in a relatively short time. If you were in an accident and need money you might considering a cash advance from a lawsuit lending company. But be careful, you might be in for a big unhappy surprise. Lawsuit loan companies usually charge monthly compound interest for a cash advance on a pre-settled case. Take a look at the numbers. If you take $10,000.00 from lawsuit loan company charging monthly compound interest of 3.5% per month, in three years you will owe them $37,500.00; five years, $87,200.00: and, if your case should take seven years you will owe them $…

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AVOID APPLICATION FEES

January 03, 2017

If you have been injured in an accident and are now out of work, you might be in need of money to make ends meet before your lawyer settles your lawsuit. Per-settlement funding companies can make you a cash advance. But, be very careful about understanding exactly how much they are charging. Their terms and conditions can often be very tricky. For example, let’s say you take $2,000.00 from a funding company that will charge you 3% per month compounded along with a $350.00 application fee. You need to understand that the company will add the $350.00 to your $2,000.00 cash advance and start charging interest per month on the combined figure  of $2,350.00.  That application fee of just $350…

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HOW TO CHOOSE A FUNDING COMPANY

December 27, 2016

If you have been in an accident and now are involved in a lawsuit, you may need money to help support yourself until your case settles. If you plan on taking money from a pre-settlement funding company, it is very important how you go about selecting that particular company. Here are some helpful suggestions that can save you money.

Avoid companies that are going to charge you an application fee. An up-front fee of a few hundred dollars may not sound like too much at first, but it can be very expensive in the long-run.

Always avoid companies that charge monthly compound interest. If you take just $1,000.00 from a funding company that charges monthly compound interest of 3…

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MONEY FOR CHRISTMAS

December 16, 2016

It’s Christmas Time and now you need money for gifts for family and friends. If you have been in an accident you probably have little money to spare while you wait for your case to settle. People will understand your problem.  So you don’t need to spend lavishly. A nice card or a small simple gift will usually do just fine.  Remember it’s the thought that counts. If you do need a few extra dollars for presents under the tree for the children, don’t hesitate to call Legal Capital. We can make you a cash advance for just one low fee with no interest payments. It can help brighten up your Christmas Day. And, a cash advance from Legal Capital can give you peace of mind until your case…

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COLD WEATHER, SNOW & ICE, SLIP & FALL

December 15, 2016

Boy is it cold outside. Right now it’s 0% in Chicago. Beerrrr!. We all know what happens. Cold weather brings ice and snow and along with slip & fall accidents. Has that happened to you. If so, and you are now in a lawsuit, let us know if you need money to tide you over until your case settles. For one low fee and no interest we can get you your money now so you don’t have to wait until your case settles. It’s fast and easy. You can apply in seconds. Give us a call.

LOOKING FOR MONEY IN ILLINOIS?

December 13, 2016

If you live in Illinois and you are looking for a cash advance from your lawsuit, there are a couple of things you need to know. First of all, pre-settlement funding is regulated in Illinois. Specifically, the companies offering cash advances in Illinois are not allowed to charge more than 36% per year along with an application. But, Legal Capital does better than that – much better – we charge less than 36% per year and then after 36 months, we stop all interest charges. So there is absolutely no interest after 36 months. This can make a huge difference. If you took $5,000.00 from one of our competitors in Illinois, after 5 years you would owe them $23,500.00. With Legal Capital you…

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REDUCE THAT CREDIT CARD DEBT

December 07, 2016

So, you have been in an accident. You’re running out of money and you’ve maxed out all of your cards. There is no way you can pay off this debt but don’t panic and listen carefully. Most credit card companies are willing to negotiate and they would rather get something rather than nothing. Call a law firm that specializes in reducing credit card debt and ask them what they can do for you. Usually, they can negotiate your debt down and will charge you a relatively small fee on what they save you. Be sure to call Legal Capital, we can also help with a cash advance.