Las Vegas Lawsuit Settlement Funding FAQ
Personal injuries can be life-altering events. They are made even more difficult by the knowledge that you are not responsible for your injuries.
If you’ve been injured in a Las Vegas accident, you have the right to seek damages in a civil suit. Sometimes, however, you just need some cash to cover your day-to-day expenses until you receive a settlement. These are some of the common questions we receive surrounding Las Vegas lawsuit settlement funding.
What is the purpose of a civil lawsuit?
The victim of an accident is potentially able to recuperate damages through a civil proceeding. Damages are, in theory, intended to restore a victim to their original state prior to the accident. They can reflect emotional and physical damages, as well as damages to property.
How long can it take to receive a settlement?
All lawsuits must be filed within the statute of limitations for the state in which the action is initiated. In Nevada, the statute of limitations for personal injuries is two years.
Lawsuits can often take months or even years to conclude. They must be investigated thoroughly, and the plaintiff or their attorney must establish that the defendant is at fault. Most of the time, a case will be settled out of court with the at-fault party’s insurance company.
I need cash now. What are my options?
Even if your injury has complicated or slowed certain aspects of your life, you’ll still have bills to pay. In addition to your usual expenses, you might be feeling the squeeze from unforeseen medical bills or other accident-related costs.
Fortunately, pre settlement funding can provide relief. A lender might be able to advance you money based on the potential value of your personal injury claim.
The advance on your settlement can be used as you see fit to address your short-term financial needs.
What do I pay if I lose?
You will be required to pay back the pre settlement loan amount only in the event that you win your lawsuit in court or reach a favorable financial settlement out of court. This means that the loan is voided if you do not win your case, and you pay nothing.
Get Connected to Las Vegas Lawsuit Settlement Funding
If you’re under financial pressure as a result of your injuries, there’s no reason to wait for the lengthy settlement process to play itself out. Money First Lending can restore dignity to your life with pre settlement funding for your Las Vegas lawsuit.
Want to find out how we can cover your short-term expenses? Call 702-623-3333 to get started with a free consultation.