Most lawsuits are settled without going to trial. The process can take months or years. There’s just no way to determine exactly how long a case will take. During this time bills continue to accumulate. If injury occurred then your savings could quickly be exhausted. In addition to cost from the accident, normal expenses like groceries or rent just compound your debt.
To cover the debt, people often take out a loan or use a credit card. It will be very expensive to pay off. It could also hurt your credit score. Outstanding debt with reduced credit score will make it difficult to obtain future loans. A bad credit rating can take years to rebuild.
Pre-settlement funding can be the option to avoid default and take a cash advance on a small portion of your future settlement. Pre-settlement funding can be used right away to pay for accumulating bills and avoid debt.
To learn more give us a call at 1-888-201-6340.
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