Have you been involved in an accident that wasn’t your fault? If so, you should seriously consider filing a lawsuit against the person responsible. Legal fees aren’t cheap, and you shouldn’t have to pay them if you didn’t cause your injuries. Litigation financing can help greatly.
With litigation funding, a third party helps to cover your litigation costs in exchange for a share of your ultimate settlement. Read on to learn the advantages of litigation financing for a personal injury claim.
Risk Management
Lawsuits are inherently risky. In any situation where one party “wins,” the other will lose. Litigation funding allows you to manage this risk because it is a non-recourse situation. This means that, once a funding firm gives you cash, you are not obligated to repay that money unless your case settles.
Should your lawsuit fall apart, you don’t need to worry about paying back the lender—litigation funding is not the same as a loan.
Justice
With litigation financing, you don’t need to be rich to have the same access to justice as everyone else. In many cases, a person’s bank account dictates whether they can realistically see a lawsuit through to the end.
Pre-settlement financing gives everyone the opportunity to receive the same justice, creating a level playing field. Whether you need money to continue your case or cash to get it going in the first place, contact a financing firm and explain your situation.
Efficiency
For one thing, you can secure litigation funding quickly. Many funding firms like Apogee Capital Partners can get you paid in as little as 24 hours. Lawsuit funding has another benefit, too. Many defendants become more inclined to settle when they realize that the plaintiff (that’s you) has secured financing. This can reduce the time you spend in court and help you get back to your life more quickly.
Now that you know the advantages of litigation financing for a personal injury claim, contact Apogee Capital Partners to get funding for your case.
