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.
Are you struggling to make ends meet while serving as the plaintiff in a personal injury lawsuit? It’s time to look for lawsuit loans and put yourself in a position to stop suffering financially. If you’re searching for “Lawsuit Loans Near Me,” it’s time to explore options that can help ease your financial burden.
Lawsuit loans — also referred to as lawsuit funding or settlement loans — may come in handy for those with pending legal cases. The application process is quick and easy.
Check out the steps you must take to lock down a lawsuit loan below.
Start by Making Sure You Know What Lawsuit Loans Are and How They Work
If you haven’t ever been approved for a lawsuit loan, you might not initially know what one is. Based on the name alone, you may assume a lawsuit loan is essentially just a personal loan for those going through legal proceedings. But this is far from the truth.
Lawsuit loans aren’t loans in the traditional sense. Instead, they’re legal cash advances tied to the outcomes of legal cases.
If you’re approved for one of these non-recourse loans and win a settlement or judgment at the conclusion of a personal injury lawsuit, the lender that provided it will receive a percentage of this payment. If, however, you’re approved for a lawsuit loan and don’t win your case, you won’t be responsible for repaying a lender a penny.
Recognize this key difference between a traditional loan and a lawsuit settlement loan before beginning the application process. Keep it in mind as you say, “I’m ready to start applying for lawsuit loans near me.”
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Look for a Trusted Lender That Supplies Lawsuit Loans
Personal injury lawsuits have been on the rise in the U.S. in recent years. The influx of these cases has led to an increase in the number of lenders providing lawsuit loans.
When you’re interested in applying for a lawsuit loan, your job is to track down a trustworthy lender to provide one. Search for a lender with the following qualities:
- A wealth of experience within this particular part of the lending sector
- A wonderful reputation among those in your community
- A simple online application process (give bonus points to any lender available 24/7/365 to help you apply by phone!)
Rockpoint Legal Funding is an excellent example of a lender you can count on to set you up with a lawsuit loan. We’ve been providing lawsuit loans to those throughout the U.S. for almost a decade. Our interest rates and customer service are both second to none.
Fill Out an Application for a Lawsuit Loan
When you’re stuck in the middle of a personal injury lawsuit, the last thing you need is another item added to your to-do list. You will have enough on your plate, so finding a lender that makes it easy to fill out an application for a lawsuit loan is essential.
This is another area in which Rockpoint Legal Funding excels. You can fill out an application with Rockpoint by:
- Clicking the “Apply Now” button on our website
- Providing us with basic information about yourself (name, contact information, etc.)
- Letting us know the name of your personal injury attorney
- Revealing how much lawsuit funding you need
- Submitting your application and awaiting a response from Rockpoint
Seeing just how simple this all is should have you saying, “I need to strongly consider applying for one of the lawsuit loans near me today.”
Apply For Free To Get The Money You Need Now.
Provide the Necessary Documentation for a Lawsuit Loan
Every personal injury lawsuit is different. Some cases are inevitably more complicated than others.
When evaluating your application for a lawsuit loan, Rockpoint Legal Funding will consider all the potential outcomes of your case before deciding whether to approve it. Rockpoint may require you to submit additional documentation related to your case before rendering a verdict.
Keep an eye out for phone calls and/or emails from Rockpoint requesting more documentation. Send it over as soon as possible to avoid unnecessary delays during the application process.
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Learn If You’ve Been Approved for a Lawsuit Loan
One of the many things people love about lawsuit loans is that they don’t typically need to wait long to discover if they’ve been approved for them. A lender like Rockpoint Legal Funding will often let you know if you’ve received approval within 24 hours.
If you are approved, cash will be deposited directly into your bank account. You’re welcome to use it in just about any way you would like.
Some personal injury plaintiffs use lawsuit loans to cover medical costs as they seek treatment following accidents. Others utilize them to take care of legal fees.
There are also those who dedicate lawsuit loans to dealing with everyday expenses while going through the litigation process. You can pay rent, buy groceries, and fill up your car with gas with the cash you receive from Rockpoint when you’re approved for a lawsuit loan.
Still on the Fence? Contact Us for More Information
Applying for a lawsuit loan is one of the smartest moves you will make while going through a personal injury case. You might be able to put yourself in a much better financial spot by deciding, “I need to apply for one of the lawsuit loans near me.”
Rockpoint Legal Funding would love to break down more of the benefits of pre-settlement funding for plaintiffs for you. Contact us at (855) 626-3214 to dig deeper into how this type of lawsuit funding works and how it might benefit your situation.
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Presettlement Legal Funding.
