The Best Reasons For Any Plaintiff To Apply For Lawsuit Loans
There are many different reasons for taking a lawsuit loan to deal with your upcoming legal issues. For a plaintiff, legal troubles can affect all parts of your life. A lawsuit can especially affect you financially.
It goes without saying that all lawsuits are costly. But, depending on what kind of lawsuits a plaintiff is involved in, they can have a detrimental effect on other aspects of their life as well. Any injury-based lawsuit will usually entail taking on unexpected medical costs, necessary recovery time, and emotional trauma due to the nature of the injury. For a workplace issue, since most cases revolve around unjustified termination, a legal dispute can result in both emotional and financial hardships. Hardships such as these can push a plaintiff to take a premature settlement.
What Rapid Lawsuit Funding offers with our Lawsuit Loans isn’t just some extra cash in your pocket, but also a way to avoid the stress and emotional turmoil caused by your legal troubles. Whether it’s extra cash or time for friends and family, there are many reasons for any plaintiff to apply for Lawsuit Loans at RapidLawsuitFunding.com!
Avoid Hasty Legal Decisions With Pre-Settlement Funding
Probably the most important reason for any plaintiff to consider signing up for lawsuit loans is that it helps them avoid making hasty and ill-informed legal decisions. Being involved in a lawsuit is a stressful situation for anyone – the last thing you want working against you is your finances. This is something that every legal team is well aware of – even your own representation. And that is exactly where considering getting a lawsuit loan can help. Due to the financial and other pressures put on a plaintiff, most defendants – especially if you find yourself dealing with insurance companies – will offer what they tell you is a “fair” settlement. But don’t make any mistake, whatever financial amount they offer you has been carefully analyzed and is much less than you deserve. These settlements are usually well below the value a plaintiff would be entitled to if they chose to pursue the case instead of settling.
Most Lawsuits End In Settlements
Because many plaintiffs find themselves in a position where they can not afford to move forward with a lawsuit, the vast majority of all lawsuits end in a settlement. How many lawsuits you may ask? The number is staggering. Recent data indicates that 97% of all civil cases end before trial.. That means that 97% of all plaintiffs never get a chance to go to court and fight for proper compensation. One of the reasons for this high number is the fact that the legal process can be draining for everyone involved, and a small number of people decide to take a pre-trial settlement out of pure emotional exhaustion.
And while this exhaustion shouldn’t be discounted, it also has to be acknowledged that the main reason for plaintiffs taking pre-trial settlements is entirely financial. When asked afterward, many have said they wouldn’t have taken the pre-trial settlement if they would have had the economic means to go forward with the lawsuit. If you decide to enroll in a Lawsuit Loan with Rapid Lawsuit Funding, you’ll find yourself with the little bit of extra money needed to continue fighting your case without the worry of debt hanging over your head.
Insurance Companies Will Do What They Can To Not Go To Trial
If you’re offered a pre-trial settlement, it isn’t considered a loss for the insurance company. Insurance companies are well aware of the costs involved in a lawsuit and have worked through all of the numbers. Believe it or not, in some cases it will cost less for an Insurance Company to settle with a plaintiff before a trial takes place even if they have a 100% chance of winning the case if the trial were to move forward! It shouldn’t be ignored that the majority of insurance companies have the best legal representation possible, which comes with a considerable price tag.
With that in mind, even if an insurance company were to successfully defend themselves in their dealings with a plaintiff, the legal bills alone will be a significant loss for them. When you take all of these factors into consideration, it is easy to understand why the insurance company wouldn’t want to go to trial. But that still doesn’t mean their pre-trial settlement offer will be a fair one. Insurance Companies know how much financial strain a trial will put on a plaintiff, and they will use that to their advantage making it seem like they’ll be doing the plaintiff a favor by settling before the trial starts. This is all part of their legal strategy, and it’s put in place to make sure YOU do not get the legal payout that you deserve.
Lawsuit Loans Give You The Opportunity To Fight Your Case
Thanks to your pre-settlement loan, you are not forced into a position to take a pre-trial settlement due to financial reasons. This means you’ve given yourself a chance to be fairly represented in a court of law. With that bit of extra cash on your hands, you will have the opportunity to move forward with the lawsuit and let your legal representation do they work they need to do. Lawsuit loans not only relieve you of some financial burdens, but they also give your legal team more leeway – as now they know you will not be looking to settle before trial. This gives your legal team more time to build up a case in your favor. By not being on such a stringent financial deadline, your lawyer will be able to invest more of their time into looking for witnesses, building favorable evidence, and arguing your case. So not only will a lawsuit loan allow you some economic relief, but it will also give you the opportunity to build a better case for yourself.
Spend Less Time Worrying With Pre-Settlement Funding
Perhaps the most significant reason for deciding to sign up for a lawsuit loan is the plain and simple fact that it will give you more time. More time to fight for justice and more time to relax too.
As we stated earlier, a lawsuit can be incredibly stressful. Even if the plaintiff knows that they are 100% on the right side of the law, the mounting emotional and financial pressures can seem insurmountable at times. Pre-settlement funding a burden off of your shoulders, and allows you to focus on what is important. Stressing about whether or not you’ll be able to pay your legal fees is, therefore, entirely avoided and you can relax.
If you’re involved in a workplace lawsuit, you can spend that extra time looking for better-suited employment. Or, if you’re tangled up in a landlord/tenant legal dispute, a pre-settlement loan through Rapid Lawsuit Funding provides you with an opportunity to look for a new residence at peace.
Let Rapid Lawsuit Funding Give You A Reason To Pursue Your Lawsuit
As you can see, there are many reasons why plaintiffs might want to take out a lawsuit loan. Pre-settlement funding can provide you with the chance to actually fight your case instead of taking the first sub-par pre-trial settlement the defense team will offer up (which is exactly what any insurance company wants you to do). Instead, you’ll be able to take away some of your financial burdens and allow your lawyer the time to build the best case possible. This will enable them to focus on finding more witnesses, evidence, and developing pre-trial strategies. And while your legal team is working hard to win your case, you can spend time surrounded by your beloved ones and planning your future. If you think you can benefit from a Lawsuit Loan, CLICK HERE to Apply For Pre-Settlement Funding Today with Rapid Lawsuit Funding!