The Complete Guide to Slip-and-Fall Lawsuit Funding

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.

Have you decided to take legal action after sustaining injuries in a slip-and-fall accident? It could take years for your slip-and-fall lawsuit to play out. Consider applying for slip-and-fall lawsuit funding to hold you over until your legal proceedings come to a close.

So, what is slip-and-fall lawsuit funding? How does it work? And which lender should you rely on to provide you with it?

Discover everything you need to know in our complete guide to slip-and-fall lawsuit funding below.

What Is Slip-and-Fall Lawsuit Funding?

If you take a quick look at these slip-and-fall facts, you’ll find that more than one million Americans visit emergency rooms each year to treat slip-and-fall injuries. These injuries have become increasingly common in the U.S. over time.

Some people who sustain slip-and-fall injuries rack up large medical expenses. They will, therefore, sometimes file lawsuits against those they believe were responsible for their slip-and-fall accidents while they’re on the mend. These lawsuits enable them to recover damages they can use to pay off medical bills, account for lost wages, and make complete recoveries from their accidents.

However, slip-and-fall plaintiffs often find that their lawsuits take months, and even years in some cases, to reach a conclusion. This might put them in precarious financial positions. Slip-and-fall lawsuit funding can help provide them with the necessary financial relief.

Slip-and-fall lawsuit funding is a non-recourse advance that personal injury plaintiffs can qualify for. If you agree to give up a percentage of the settlement amount or judgment you receive at the end of a personal injury lawsuit, you may be eligible to receive a legal loan now from a lender like Rockpoint Legal Funding.

And if your personal injury lawsuit isn’t successful? You won’t have to worry about repaying slip-and-fall lawsuit funding since Rockpoint’s products are non-recourse. This means you’re only required to repay Rockpoint if you win your lawsuit.

Who Can Qualify for Slip-and-Fall Lawsuit Funding?

Just because you were injured during a slip-and-fall accident doesn’t mean you will automatically qualify for lawsuit funding. You must meet the following two basic requirements to qualify for this type of legal loan:

• You need to have a pending personal injury lawsuit.
• You need to be working with a personal injury lawyer who consents to you applying for lawsuit funding.

Since Rockpoint Legal Funding provides non-recourse lawsuit funding, the lender takes on a lot of risk. They won’t receive a cent if your legal case doesn’t help you earn a settlement or judgment.

For this reason, Rockpoint will conduct a complete case evaluation with the help of your lawyer to ensure you’re a good candidate for a litigation loan.

How Does Slip-and-Fall Lawsuit Funding Work?

Are you intrigued with the idea of applying for slip-and-fall lawsuit funding through a lender like Rockpoint Legal Funding? Before filling out an application for pre-settlement funding, ensure you understand how it works.

This is the process you’ll need to go through to secure a legal loan:

1. Check to make sure you qualify to apply for lawsuit funding.
2. Apply for lawsuit funding by providing basic information about yourself and your case.
3. Allow a lender like Rockpoint to evaluate your case and speak with your personal injury lawyer.
4. Find out whether you’ve been approved for a non-recourse legal loan by Rockpoint.
5. Receive cash within just a few days, if not a few hours, after being approved for pre-settlement funding.

You may also want to schedule an attorney consultation with your personal injury lawyer to let them know about your plans to apply for legal funding. This will ensure they’re prepared to speak with a representative from Rockpoint about your case.

What Can You Use Slip-and-Fall Lawsuit Funding For?

The beauty of applying for slip-and-fall lawsuit funding is that you can use it for almost anything. A lender like Rockpoint Legal Funding won’t typically put any restrictions on what you can and cannot use the money you receive for.

Here are several common ways personal injury plaintiffs tend to use pre-settlement funding:

• Eliminating medical expenses
• Covering lost wages
• Taking care of legal fees
• Keeping up with everyday expenses (mortgage/rent, groceries, utilities, etc.)

It also isn’t out of the ordinary for personal injury plaintiffs to treat themselves to trips or pay for holiday gifts or even birthday parties with lawsuit funding. Use a legal cash advance on anything you would like without fearing any consequences.

Which Lender Should You Trust To Provide Slip-and-Fall Lawsuit Funding?

With thousands of Americans filing slip-and-fall lawsuits each year, it has never been easier for people to find pre-settlement funding companies. You should not, however, just Google “lawsuit loan near me” and choose the first lender you find to provide a legal loan.

Instead, count on a well-established company like Rockpoint Legal Funding to set you up with a legal loan. We will supply the cash you need now and give you access to competitive interest rates in the process.

Contact Rockpoint Legal Funding Today To Apply for Pre-Settlement Funding

After hearing all about slip-and-fall lawsuit funding, are you ready to apply for a lawsuit loan? Rockpoint Legal Funding makes it simple for personal injury plaintiffs to land the financial relief they need. You can start enjoying the legal cash benefits in no time after filling out our brief application.

Give us a call at (855) 626-3214 today if you would like to learn more about lawsuit funding and hear more about how it may help during your legal proceedings.