How Wrongful Death Lawsuit Funding Can Help Families Financially

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. 

There’s nothing more painful than losing a loved one before their time because of someone’s negligence. In addition to that pain, you may be fielding calls from debt collectors who want you to pay for the deceased’s last medical bills. Maybe you’re struggling to pay for necessities because you’re grieving too much to work.

Wrongful death lawsuit funding serves as a lifeline when you need immediate access to cash and can’t wait for your claim to settle. Learn about how wrongful death lawsuit funding works and its many benefits below.

The Aftermath of a Wrongful Death Can Cause Financial Distress for Families

If your loved one suddenly passed away, you’re probably facing much more than just grief and shock. You’ll need to sort out funeral and burial expenses, which can cost thousands, in addition to their final medical expenses. And if you’ve taken some time off work to focus on family, there are still bills to pay. Your savings won’t tide you over forever.

Wrongful death lawsuits can also be incredibly complicated and time consuming. Your claim could take months or even over a year to settle. It’s not uncommon for plaintiffs to accept an unfairly low settlement so they can put the whole incident behind them and move on with their lives.

If you’re struggling financially and can’t see the light at the end of the tunnel, wrongful death lawsuit funding can help.

Litigation Funding Helps Plaintiffs Stay Afloat

You may sometimes see lawsuit funding referred to as a lawsuit loan, but it’s a cash advance on your wrongful death settlement, not a loan. You don’t have to pay the funding back until after you win your case. Better yet, if you lose your case, you owe nothing in return.

There are no requirements for how you use the funding, either. You can use it to pay off your loved one’s last medical expenses or cover your bills while you take time off work to grieve.

It’s easy to qualify for litigation funding, too. You don’t need an income or a good credit score to qualify. We base our funding on the strength of your case, not your personal financial situation.

The Perks of a Non-Recourse Loan

You shouldn’t have to worry about money while you’re waiting for financial compensation for your loved one’s death and your emotional distress. Here’s how non-recourse funding supports you during your wrongful death claim.

Paying for Expenses During Your Time of Need

You weren’t expecting your loved one to pass on so soon, and now you’re facing a costly bill for their funeral and burial that could range from $5,000 to over $8,000. You’ll save a bit if your loved one wanted cremation, but it’s still not cheap.

If you’re like many people, you probably don’t have this kind of cash just lying around. You could put the bills on your credit card, but what if you can’t make the minimum payments? Interest adds up quickly, too.

Figuring out how to pay for a funeral should be the last thing on your mind when you’re grieving. With wrongful death lawsuit funding, you can provide your loved one with a funeral without draining your bank account.

You can also use your funding to pay for any other expenses that come up while waiting for your case to settle. Use it to cover unexpected medical bills, rent or mortgage payments, grocery bills, or anything else you need. You’ll stress less knowing that your immediate needs are covered.

Enables You To Fight for Justice for Your Loved One

Wrongful death cases can be trickier to win than other types of negligence claims, and you’ll need a lawyer who has plenty of experience with these types of cases. Generally, the better the lawyer, the higher your settlement will be.

If you can’t afford to hire good representation, you’re the perfect candidate for wrongful death lawsuit funding. With it, you’ll be able to retain an aggressive lawyer who’ll build a strong case for your loved one. They’ll have the resources needed to gather compelling evidence, interview witnesses, and fight the at-fault party in court.

You’ll also be less likely to cave under pressure from the defendant to settle for less than your claim is worth. Defendants sometimes keep cases going for as long as possible, hoping you’ll run out of money and settle for whatever pittance they’re offering. When the defendant knows you have the resources to stay in the fight, they’re less likely to try underhanded tactics.

How Does the Settlement Advance Process Work?

At Rockpoint Legal Funding, we know that the last thing you want to deal with when grieving is a complicated application process. That’s why we make our funding process easy and headache-free for plaintiffs like you. Here’s how it works:

• Before applying, please review our requirements to ensure you qualify for funding. You’ll need legal representation, a pending lawsuit, and a valid case type, such as a wrongful death claim.
• Complete our quick online application and wait for our team to review the details of your case. We’re fast, so you won’t have to wait long.
• If your case meets our requirements, we’ll work with your attorney to provide your funding. You could have the money in your account in under 24 hours.

The Funding You Need, When You Need It

If you’re looking for a legal finance solution for plaintiffs, you may be a good match for our wrongful death lawsuit funding. To learn more or apply, call Rockpoint Legal Funding at (855) 626-3214.