Exploring Personal Injury Pre-Settlement Funding Options
When you’re hurt in an accident in Florida and file a personal injury lawsuit, waiting for a settlement can feel like forever. Medical bills pile up, and daily expenses don’t stop. That’s where pre settlement funding Florida comes in. It’s a way to get cash now while your case is still going. Let’s break down what pre-settlement funding is, how it works, and what to consider before applying. What Is Pre-Settlement Funding? Pre-settlement funding, sometimes called a lawsuit advance, is money you borrow against your expected settlement. It’s not a traditional loan because you only repay it if you win your case. If you lose, you owe nothing. This makes it a low-risk option for people in Florida dealing with personal injury claims, like car accidents or slip-and-falls. How Does Pre-Settlement Funding Work in Florida? The process is straightforward. First, you apply through a funding company. They’ll ask for details about your case, like the type of accident and your lawyer’s contact info....