PERSONAL INJURY SETTLEMENT ADVANCES
The personal injury settlement advances sends a message to the defendant’s attorney that the plaintiff will be in it for the long haul which will lead to higher settlements or awards
Civil cases for personal injury victims have become maddening in a lot of ways. The plaintiff was clearly injured and is seeking to have their medical expenses paid for. Their attorney knows they were injured, the defendant's attorney knows they were injured, as does the insurance company. Nonetheless, the settlement that was expected months, sometimes years ago, is nowhere to be seen. The defense attorneys file countless motions and appeals in an effort to persuade the plaintiff to accept a lower settlement just to get the case over with. Too many people are resigned to this fate, to the delight of the insurance companies and their lawyers. Thankfully, there are ways to overcome these obstacles and get the settlement that is deserved.
Personal injury settlement advances allow individuals the ability borrow against the money they will eventually receive. The money from personal injury settlement advances can buy time and help cover legal or medical bills while the client fights for what is theirs. The industry leader in personal injury settlement advances is AM Legal Funding. AM Legal Funding consults with the plaintiff's lawyer and determines how much of an award the case is likely to result in. If the prospects of the case look positive, it's very likely that a personal injury settlement advance will be offered. It's free to apply and AM Legal Funding does all the work. Upon approval, the money is generally available within a week.
The civil court system had become like quicksand for negligence cases until personal injury settlement advances became a popular option
The funds from personal injury settlement advances change the game dramatically. They give people the peace of mind to focus on the case, rather than worry about taking a substandard award in order to take care of life's expenses. Insurance companies and defense attorneys hate that it is possible to receive a personal injury settlement advance because they lead to higher awards for plaintiffs. They are perfectly legal and come with no risk because they are not a loan. Many people worry that by choosing a personal injury settlement advance they could be adding additional debt if they don't win. This isn't true. AM Legal Funding assumes all of the risk and are only paid back the original amount plus an interest fee when the case is victorious. By working closely with your attorney, AM Legal Funding is able to offer the maximum amount for a personal injury settlement advance. If the case loses, AM Legal Funding absorbs the loss.
The personal injury settlement advance is a relatively new product, but it has begun to have effects on insurance companies and how they handle personal injury cases. By knowing that a plaintiff is in it for the long haul, their offers become much more reasonable and a client is much more likely to receive everything they should. Being able to have a personal injury settlement advance makes the entire civil court process much easier to deal with. By not having financial pressure looming, it becomes much easier to handle all of the ups and downs of a personal injury case. AM Legal Funding has seen many cases where an offer has increased from $100,000 to $500,000 because a client has been willing to fight for as long as is necessary. A personal injury settlement advance allows people to be able to fight.
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