People looking for legal funding don’t have to go very far to find the help they need. For example, they can borrow money from their loved ones and friends. If it’s just a small amount to get them through a minor financial hiccup, then approaching family and friends would seem like a practical choice.
However, if you’re waiting for the outcome of your case and it’s likely going to drag on for months, if not years then borrowing $500 simply won’t be enough. You have to pay for your mortgage, your medical expenses and your day to day expenses especially if you are unable to work following your accident.
In such cases, you can approach your bank or credit union. If you have a good credit score and a stable job, you may be able to get a personal loan from them. But most likely, you don’t have those two requirements. After all, if you’ve been injured then you probably are not able to work and your missed payments have caused your credit score to go down.
This is where direct legal funding from specialized lenders can truly come in handy. They offer settlement loans or cash advance lawsuit loans that will put a lien on the future settlement you will receive. It doesn’t matter if you have poor credit or no employment. They will only care about the likelihood of success of your case. If you have a solid case, then getting the funding you need from them won’t be a problem at all.