Many people across the U.S. suffer slip-and-fall injuries on someone else’s premises, whether it’s a restaurant, a grocery store, or an apartment building. A slip-and-fall injury can be minor and passing or severe and devastating. In the latter case, you’ll probably start a slip-and-fall lawsuit against the property owner to seek compensation for your injuries.
A personal injury settlement loan can provide the funding you need to tide you over until your case settles. Learn how this type of loan works at Rockpoint Legal Funding.
What Is Slip-and-Fall Injury Lawsuit Funding?
Slip-and-fall cases are often complex and highly contested. The outcome of your case depends on proving that the property owner knew, or should reasonably have known, about a dangerous condition on their property but failed to remove it.
Proving fault after a slip-and-fall accident can be tricky since property owners and their insurance companies will often deny responsibility. They could also try to shift the blame on you, arguing, for instance, that the accident happened because you weren’t paying attention. As a result, you may expect frustrating delays before finally collecting your settlement.
That’s where personal injury legal funding becomes a game-changer. A legal loan could help you cover ongoing expenses during your claim process, and you only have to repay the loan if and when you collect your settlement. It’s like accessing your settlement funds early, before the case resolves.
Who Could Qualify for a Personal Injury Loan After a Slip-and-Fall Accident?
At Rockpoint Legal Funding, we accept personal injury loan applications from those pursuing a premises liability claim after a slip-and-fall accident and from lawyers representing them. Such lawsuit funding could apply to all sorts of premises liability cases, including injuries in stores, office buildings, apartment buildings, restaurants, or parking lots.
We decide whether to approve a slip-and-fall injury lawsuit loan based on our evaluation of your case. For example, if you have clear documentation of the hazard (like an icy parking lot or poor lighting) and proof that the property owner neglected to remove it, you likely have a strong claim and a good chance to qualify for a legal loan.
Why You Might Look Into Personal Injury Legal Funding After Your Accident
After suffering an injury on someone else’s premises, you probably expect the property owner to take responsibility for the accident and cover your losses. Instead, the business owner or their insurance company may claim that the hazard never existed, that you exaggerated your losses, or that your carelessness caused the accident.
Meanwhile, your expenses mount. You need to pay for your medical bills and cover living costs, possibly while you can’t work because of your injury. The other side may take advantage of your financial difficulties and try to short-change you. You may consider accepting a lowball offer because you need cash right now.
Slip-and-fall injury lawsuit funding can give you a major advantage in these situations. A pre-settlement loan provides the money you need for ongoing expenses, so you can hold out for a better offer even if your case takes longer than expected.
Why Many Lawyers Apply for Pre-Settlement Funding
If you’re a lawyer who represents slip-and-fall injury victims, you know these cases can turn into exhausting battles. You may face a legal fight against a large corporation that evades liability claims or negotiate with an insurance company that tries to underpay your client.
Moreover, as a personal injury attorney, you probably handle cases on a contingency basis, which could mean months of hard work before you settle a case and collect your fee. This could put your law firm under major financial strain, especially if a case drags on longer than expected.
With lawsuit funding, making strategic decisions without worrying about cash flow is easier. You can take the time to negotiate a higher settlement on your client’s behalf or advise your client to go to court rather than accept a poor offer.
How To Apply for a Pre-Settlement Loan at Rockpoint Legal Funding
Are you interested in checking whether you’re eligible for a slip-and-fall injury pre-settlement loan through Rockpoint Legal Funding? Our easy application process involves the following steps:
- You fill out a quick online form. It only takes a few minutes. We’ll then contact you and ask for more details about your case.
- We review your case. We’ll look into your claim to evaluate the odds of your case. We may talk to your lawyer and ask to view relevant documentation. Based on this assessment, we’ll decide whether we may offer you a legal loan.
- Pre-settlement loan approval. Once we approve you for a loan, we’ll issue you a detailed offer complete with repayment terms.
If you decide to accept the loan agreement, we’ll forward the money quickly, typically within one business day. You can then use the funds for any needs, like covering your medical bills, mortgage or car payments, and other essentials.
What’s the Difference Between Litigation Funding and a Conventional Loan?
Unlike a traditional loan, a slip-and-fall injury lawsuit loan is only subject to repayment if and when you win your case. You don’t have to worry about paying us back until your case settles.
Moreover, when you apply for a personal injury loan, you don’t need to meet credit score requirements or provide collateral. Instead, we issue a loan offer based on the strength and value of your case.
What If Your Case Falls Through?
If you lose the case, you owe us nothing. A personal injury loan is non-recourse, so applying for lawsuit funding carries no risk.
Call Rockpoint Legal Funding To Learn More About Legal Loans After Slip-and-Fall Accidents
Are you preparing to file a slip-and-fall injury lawsuit? A personal injury loan can help reduce stress and financial strain. For more questions about pre-settlement loans and a quick, no-obligation case review, contact us at Rockpoint Legal Funding.
Call (855) 591-2489 or complete our brief online form for a free consultation today.
