How Pre-Settlement Funding Can Help Victims of Uninsured or Underinsured Drivers
Becoming a victim of a serious car accident caused by a negligent driver is hard enough. Discovering they are uninsured or underinsured only compounds the financial consequences you face from medical bills and the inability to work. Depending upon the circumstances, pre-settlement funding could be a financial safety net. Pre-settlement funding is not a loan, […]
How Delays in Car Accident Settlements Make Lawsuit Loans an Option for Victims
Even if there is little question that the negligent driver caused your car accident, delays in the case are common. Car accident settlements often take a year or longer. Insurance companies benefit by dragging the process out as long as possible. They know that plaintiffs may experience financial instability especially if a serious accident prevents […]
Can I Get Pre-Settlement Funding If I Have Multiple Lawsuits?
Yes, it’s possible to get pre-settlement funding if you have more than one lawsuit. For example, a serious car accident might lead to separate claims. Funding companies typically evaluate each case on its own merits. If one or more of your lawsuits is strong and likely to result in a settlement or award, you may […]
What is the Difference Between Attorney Funding and Plaintiff Funding?
The difference between attorney funding and plaintiff funding is primarily the recipient. If a law firm or plaintiff meets its criteria, Mustang Funding can provide an advance necessary to boost legal resources for an attorney or prevent a plaintiff from falling behind on bills. The amount of funding available is generally based on the strength […]
What is Non-Recourse Funding for Auto Accident Victims?
Non-recourse funding for auto accident victims is a cash advance on a pending lawsuit that must only be repaid if you win or settle your case. If you were involved in a car accident and need to access your potential settlement award before the conclusion of the case, then you may be eligible to apply […]
Can I File for Litigation Funding If My Case is on Appeal?
Defendants often appeal jury awards they believe are excessive. In those situations, you may still apply for litigation funding while the appeal is pending. Funding is less likely, however, if you are the one appealing after losing at trial. Appeals are typically based on claims of procedural error or misinterpretation of the law, and they […]
Do Uber and Lyft Accidents Qualify for Pre-settlement Funding?
In short, yes— rideshare passengers may qualify for pre-settlement funding. Just because your car accident occurred in an Uber, Lyft, or other rideshare vehicle does not affect whether you may qualify for pre-settlement funding. Uber and Lyft maintain insurance coverage of up to at least $1 million when the driver is carrying passengers or en […]
How Does Pre-Settlement Funding Impact My Settlement Negotiations?
Lawsuits can take months or even years to resolve, and during that time, financial pressure can make it difficult to wait for a fair settlement. Insurance companies and defense attorneys know this, and use delay tactics to pressure plaintiffs into accepting less than they deserve. Pre-settlement lawsuit funding can change that dynamic in several important […]
Common Delays in Auto Accident Settlements & How to Stay Financially Afloat
Auto accident settlements are often delayed due to disputes over liability, time needed to determine the long-term prognosis of serious injuries, or insurance company tactics. During this time, major financial obligations, like mortgage payments, can become harder to manage. Meanwhile, everyday expenses for food, utilities, and transportation continue to add up, especially if your injuries […]
Can I Apply for Legal Funding While on Workers’ Compensation?
Yes, you can apply for legal funding. Workers’ compensation provides benefits like wage replacement and medical coverage, but insurers can delay, reduce, or dispute these claims. Over time, as unpaid benefits accumulate, especially in cases involving severe or permanent injuries, the value of the claim increases. This growing liability often leads insurers to negotiate a […]