California’s Quick Lawsuit Loan Solution: Don’t Wait for Your Settlement To Be Paid

Disclaimer: Consumer legal fundings and advances are not loans under applicable financing laws. Rockpoint’s products are non-recourse, meaning if you don’t win your case, you don’t have to pay us back. Receiving financial support in connection with a legal case is typically (and oftentimes incorrectly) referred to as a “lawsuit loan” or “loan.” Therefore, for the ease of search references, these terms may be used in this context to refer to our funding products, but we maintain our separateness from consumer loan products in all legal aspects.

Do you suspect a personal injury lawsuit you just filed will take months and possibly even years to play out? This could create a huge financial strain as you await the outcome of your case.

Those who find themselves in this situation should consider applying for lawsuit loans in California. Rockpoint Legal Funding can provide the pre-settlement funding you need to cover medical expenses, rehabilitation costs, and even lost wages stemming from a personal injury case.

Take a look at how a legal cash advance from Rockpoint could benefit you below.

What Are Lawsuit Loans in California?

Let’s begin by clearing up one point of confusion regarding lawsuit loans in California: These “loans” aren’t actually loans at all.

Instead, they’re a form of non-recourse funding you won’t have to pay back if a lawsuit you’ve filed isn’t ultimately successful.

Non-recourse loan companies like Rockpoint Legal Funding understand that those going through personal injury lawsuits in California are often in difficult financial positions. They don’t always have the means to cover medical costs and other expenses related to car accidents, slip-and-fall accidents, and other types of accidents.

Pre-settlement funding allows people to apply for the cash they need now — in exchange for a portion of a future lawsuit settlement or judgment. It’s a worthwhile option for those who can’t afford to wait until a lawsuit ends to pocket the proceeds they need to meet their current financial responsibilities.

How Do California Lawsuit Loans Work?

Lawsuit loans in California can work wonders for anyone working their way through the personal injury lawsuit process. However, you should make sure you know how pre-settlement funding works before you begin putting in an application.

You’ll need to start by finding a company that focuses on extending legal cash advances to those involved in personal injury cases and other kinds of lawsuits. Rockpoint Legal Funding has been delivering non-recourse loans to personal injury plaintiffs for years.

From there, the process of filing for California lawsuit loans will look like this:

1. You apply for pre-settlement funding by filling out an application online or contacting Rockpoint to speak with a representative via phone.
2. The Rockpoint team touches base with your attorney to speak about the specifics of your legal case.
3. Rockpoint decides whether or not to approve your pre-settlement funding application, often within just hours.
4. Rockpoint extends legal funding if you qualify for it.
5. In some cases, you decide whether to accept legal funding and receive it within as little as just 24 hours.

You’ll appreciate how simple lenders like Rockpoint make it for personal injury plaintiffs to lock down legal funding quickly.

Which Benefits Come Along With Lawsuit Loans in California?

The biggest benefit that comes along with lawsuit loans in California is the access to no-strings-attached legal funding you gain during a pending lawsuit. With this kind of cash advance, you can skip the usual wait and rely on the compensation you need to cover medical bills, legal costs, and more.

But the benefits don’t stop there. Here are several other advantages of applying for a lawsuit settlement loan in California:

• You don’t have to endure a credit check or income verification to qualify for a cash advance from Rockpoint Legal Funding. Eligibility hinges entirely on the prospects of your case.
• You don’t need to provide any financial information to seek approval for a non-recourse loan from Rockpoint.
• You aren’t even required to have a job to apply for pre-settlement funding from Rockpoint.

You’re also welcome to use a cash advance from Rockpoint for whatever you would like. While many opt to use lawsuit loans for medical bills and other accident-related costs, you can also use them for everyday expenses and much more.

What If I Don’t Collect Compensation at the End of a Personal Injury Case?

There is a chance you might not earn a settlement or judgment when your personal injury case ends. This might leave you wondering, “Then what?” in reference to lawsuit loans in California.

The biggest benefit associated with this kind of legal funding is that you aren’t responsible for repaying it if your personal injury lawsuit is unsuccessful. Rockpoint Legal Funding always provides personal injury plaintiffs with non-recourse loans. People don’t need to repay them if they don’t collect compensation in their cases.

This takes all the risk out of the personal injury lawsuit process for plaintiffs. It also eliminates at least some of the stress from the equation when you’re going through this process in the first place.

You won’t have to worry as much about the medical expenses and other costs you’ll have hanging over your head during your legal proceedings. You can rest a little easier knowing your bills are paid as you take legal action against the defendant in your case.

Contact Us To Learn More About Applying for Lawsuit Loans in California

Why wait for months or years on end to receive a settlement during a personal injury lawsuit? You can avoid this hassle by applying for lawsuit loans in California from Rockpoint Legal Funding.

We can extend fair settlement funding options and help you collect the compensation you need right now. We strive to make it as easy as possible for personal injury plaintiffs to apply for non-recourse loans.

Give us a call at (855) 626-3214 today to discuss your legal funding needs with an experienced Rockpoint representative and begin the application process immediately.