Perhaps you’ve discovered black mold growing behind your walls, but your landlord won’t lift a finger to fix it. Or maybe you’ve become sick from illegal chemical dumping near your home. In both cases, you can file a lawsuit and recover damages for your injuries.
Toxic exposure cases can take a long time to settle, though. If you don’t want to wait for your settlement check, consider funding for personal injury cases. It’s an invaluable lifeline when you need money right away.
A Potentially Deadly and Silent Foe
Toxic chemical exposure can cause serious and persistent health issues or even death. Common toxic exposures include metal poisoning, asbestos, carbon monoxide, and chemical additives used in manufacturing processes. Whether exposure occurs in a commercial space or the workplace, victims have recourse and can file a personal injury lawsuit.
Rockpoint’s fast and transparent funding process can help if you’re a plaintiff in a personal injury lawsuit.
Types of Toxic Exposure
You’ve probably heard of the infamous Love Canal case. In the 1970s, it was discovered that a dump owned by Hooker Chemical Company had been leaking waste into local homes and schools. Hundreds of residents became seriously ill from exposure. After a lengthy case, residents recovered $129 million in damages.
This is just one example of toxic exposure. You can also become sick after exposure to:
- Black mold
- Asbestos
- Lead paint
- Defective drugs
- Noxious fumes
Toxic Exposure Can Have a Lasting Impact on Your Health
Toxic exposure may not kill victims immediately, but it can cause a host of health problems over their lifetimes. Exposure to black mold, for example, can cause asthma and other respiratory problems. Drinking contaminated water can cause gastrointestinal distress, which can be life-threatening. Asbestos exposure may lead to the development of a type of lung cancer called mesothelioma.
Along with these health problems come expensive medical bills. It’s not uncommon for victims to owe tens of thousands, and sometimes millions, after treatment.
Hefty medical bills can make victims feel as though they’re backed into a corner. If they pay, how will they afford rent and food? If they don’t, it won’t be long before debt collectors harass them day and night.
If you’re in a situation like this, you don’t have to choose between paying for groceries or medical bills. With funding for personal injury cases, you can do both.
How Legal Funding Can Help
A legal loan is a cash advance on your toxic exposure settlement amount. You can use it for anything you want, whether that’s rent, school tuition, home modifications, or groceries.
Unlike credit cards and traditional loans, you don’t have to repay your pre-settlement loan until after your case closes. Even better, if you lose the case, you won’t owe Rockpoint Legal Funding a dime.
What Can You Use Lawsuit Loans For?
There are no restrictions on how you can use funding for personal injury cases. Here are some examples:
- After a lengthy hospital stay, you owe more than $50,000. Your insurance company will cover some of the cost, but you’re on the hook for the rest. You can use legal funding to cover the rest of your medical bills.
- Your car has broken down, which is bad news because you need it to drive to doctor’s appointments. You can use a lawsuit loan for repairs or a rental vehicle.
- Your doctor recommends an experimental drug that insurance won’t pay for. Legal funding will help you cover the cost.
- Toxic exposure has left you too disabled to work. You’re running low on food and other necessities, fearing your family will go hungry. With a lawsuit loan, you can fill your pantry and keep everyone well fed.
Pre-Settlement Funding vs. Traditional Loans
You could use a traditional loan to cover your expenses, but that’s usually not the best choice. Traditional loans can have high interest rates, which means you might have to pay back much more than you borrowed. This can put you even deeper in debt. Lawsuit loans, on the other hand, don’t have sky-high interest rates.
Traditional borrowing also requires a good credit score. If your score is too low, most lenders will deny you. That’s not the case with lawsuit funding. You can get legal funding regardless of your credit history or bankruptcy status.
Additionally, the approval time for traditional loans can be several days or more than a week. If you need money right away, this is much too slow. By applying for legal funding, you could have cash in your pocket in less than 24 hours.
Who Qualifies for Litigation Funding?
To qualify for litigation funding, you must have a pending lawsuit and a qualifying case type. Many types of personal injury cases, including toxic exposure, qualify. Other eligible cases include car accidents, premises liability, medical malpractice, and wrongful death.
You must also have hired a lawyer to qualify for legal funding. Lawsuit funding companies approve clients based on the strength of their case and how likely they are to win. Statistically, you have a better chance of winning if you’ve retained an attorney.
Why Rockpoint Is the Best Choice for Your Personal Injury Settlement Loan
You’ve got plenty of choices for lawsuit loans, but Rockpoint Legal Funding is the best of the bunch. Here’s why you’ll love working with us:
- We’re committed to honesty, integrity, and industry-leading support. If you have any questions about legal funding, we’re here 24/7.
- Our clients have nothing but good things to say about our team. Have a look at some of our testimonials to see for yourself.
- We respect your time, and to that end, we aim to put money in your hand in as little as one business day.
- You won’t owe us a dime if you don’t win your case. Additionally, you don’t have to repay legal funding until your case settles. We’ll work with your attorney to make the repayment process as stress-free as possible.
Apply for funding for personal injury cases now or call Rockpoint Legal Funding at (855) 582-9200 to learn more.
