Los Angeles Car Accident Lawsuit Loans

You may get hurt in a car crash due to someone else’s negligence. Following your collision, you may pursue damages from the at-fault party as part of a personal injury lawsuit. Thanks to Los Angeles pre-settlement and legal funding, you may be able to get money you can use for the duration of your litigation. 

At Rockpoint Legal Funding, we value ethics, efficiency, and flexibility. We offer legal funding for Los Angeles car accidents designed to meet your expectations. For more information, reach out to us. 

Car Accident Claim

A negligent motorist may crash their vehicle into yours. Based on California legal funding, you may be able to pursue compensation from this driver through their insurer. Even if you submit an insurance claim, there is no guarantee you will get damages. 

Generally, an insurance company will do everything it can to avoid paying out a claim. The business may try to pressure you to accept responsibility for your auto accident. It may also look for evidence it can use to dispute your claim. 

You may have to hire an auto accident lawyer to represent you in a case against an at-fault motorist. This attorney may handle communications between you and an at-fault driver’s insurer. In addition, they may work with you to file a personal injury lawsuit. 

Car Accident Personal Injury Lawsuit

There is typically a two-year statute of limitations for personal injury claims in California. You may have up to two years from the date of your auto collision to seek damages from an at-fault party. If you do not submit your claim within this window, you may be solely responsible for your accident-related losses. 

A car crash lawyer may help you request economic and non-economic damages. You may be awarded economic damages for your medical bills, lost wages, and other quantifiable losses. A judge or jury may provide non-economic damages for your pain, suffering, and other subjective losses. 

Along with this, your attorney may help you request car accident legal funding in Los Angeles. The team at Rockpoint Legal Funding can learn about your auto crash case and provide you with a personalized lawsuit loan quote. To learn more, get in touch with us. 

How Auto Accident Pre-Settlement Funding Works

You may qualify for auto collision lawsuit funding if you suffer a traumatic brain injury (TBI) or other harm. For example, you may be involved in an auto accident and file a lawsuit against the at-fault driver. Your attorney can help you ask for a lawsuit loan, which you may use to cover your expenses. 

With pre-settlement funding, you do not have to make monthly payments in the same way you would with a personal loan. Your legal loan provider gives you money contingent on your car crash case. You are free to use this money however you choose and do not have to worry about paying anything back until your case is resolved. 

If you get compensation in your auto collision case, only then are you required to pay back your lawsuit loan. Comparatively, if you do not receive any damages, your lawsuit funding company takes 100% of the responsibility for your loan balance. In this instance, the business clears your balance, and you keep the money that was already given to you. 

Car Collision Lawsuit Loan Benefits

You can apply for pre-settlement funding for a car crash lawsuit loan as long as you have an attorney to represent you in your injury case. During the application process, you will not need to undergo a credit check or provide information about your income. A lawsuit loan provider looks exclusively at the facts surrounding your case. 

It usually does not take long to get approved for lawsuit funding. You can complete your application over the phone or online and hear back from a pre-settlement loan company within hours. As soon as you accept your legal loan quote, you should expect your money right away. 

There are no risks associated with pre-settlement funding, either. Your lawsuit loan company is aware you may not get compensation in your auto collision case. Regardless, the business provides you with money, and if you do not get any damages, you do not have to repay your loan. 

Car Crash Pre-Settlement Funding Application Process

Before you apply for a legal loan, you have the opportunity to share any concerns and questions you have with a lawsuit funding provider. You may be wondering what is a personal injury settlement loan and want to get as much information as you can about lawsuit funding. Fortunately, a pre-settlement loan company can provide you with insights into its lawsuit funding options and help you decide if now is the right time to submit an application.

It may take you only a few minutes to fill out a legal loan application. Once a lawsuit funding company reviews your submission, it can give you a custom quote. This business will explain the terms and conditions associated with your loan, along with its interest rate. 

There are no fees during the legal funding application process. If you decide to move forward with your loan, you can finalize your request. Finally, your legal loan company will provide you with money, and your attorney will keep this business up to date about your case. 

Car Accident Pre-Settlement Loan Repayment Process

In terms of how long does a personal injury case take, the answer depends on several factors. A complex auto crash case may take months or years to settle. No matter how long your case takes to resolve, you can continue to use your legal funding and not have to pay anything back until your case is completely closed. 

If you receive compensation in your auto accident case, you will have to pay back your lawsuit loan. Your attorney will deduct your loan balance from your damages. They will submit a payment to your legal loan provider and give you the remainder of your compensation. 

On the other hand, a judge or jury may rule in the defendant’s favor, and you may not receive any damages. If this occurs, your attorney notifies your legal funding company about your case result. Next, the business takes care of your loan balance, and you do not incur any penalties or fees. 

Request Auto Accident Legal Funding in Los Angeles

Rockpoint Legal Funding makes it easy to get legal funding for Los Angeles auto accident accidents. Our team is available to discuss our pre-settlement loan options with you. To get started, contact us today.