The funds available through a wrongful arrest lawsuit will vary on a case-by-case basis. In many cases, factors like the emotional distress caused by the arrest and the amount of time you spend improperly detained will influence the value of these claims.
Victims of wrongful arrest often receive thousands of dollars in compensation. However, they will only receive these funds at the end of a legal battle that could, potentially, take months or even years of time.
During the legal process, individuals often face pressing financial stresses. Pre-settlement legal funding can provide money to address these economic pressures.
What’s a Wrongful Arrest Lawsuit Worth?
The value of each wrongful arrest lawsuit will vary depending on the facts surrounding the improper action of law enforcement officers. Individuals who go through a wrongful arrest may receive thousands of dollars or more in some cases.
The following factors influence how much a wrongful arrest lawsuit is worth:
Length of Detention
The amount of time you spend wrongfully detained represents one of the most significant factors in determining the value of a lawsuit. Generally, individuals who spend more time improperly detained will receive more compensation than those who spend a limited time in jail or prison.
Therefore, it’s crucial that you keep thorough records of how long you spend in custody for wrongful detention. You should also make a record of any disruptions caused to your life by the detention.
Injuries Sustained During a Wrongful Detention
You may receive more money through a wrongful arrest lawsuit if law enforcement officers caused you physical injuries. The use of excessive force by members of the police could result in anything from a concussion to broken bones.
Your lawsuit may bring you compensation for any medical expenses you face after your release from police custody. For example, you may receive funds to pay for your:
- Emergency treatment
- Time in a hospital
- Medical tests and procedures
- Medications
Ensure that you keep a record of all of your healthcare costs to share with your attorney.
The Psychological and Emotional Impact of the Arrest
A wrongful arrest can cause you emotional distress and mental anguish. Your attorney may help you seek compensation for these non-economic damages through a lawsuit, increasing the final value of your claim.
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Wrongful Arrest Lawsuits Take Time
You will not receive immediate payment for your losses after a wrongful arrest. Lawsuits may take months or even years to resolve. The at-fault party does not have to provide you with any compensation until the resolution of your claim.
You may face incredibly high expenses throughout the legal process, straining your finances and making an already stressful time more challenging to handle. Fortunately, you have options that can help you cover your expenses after a wrongful arrest and while you wait for the conclusion of your claim.
Pre-Settlement Funding for a Wrongful Arrest Lawsuit
In many cases, you can secure non-recourse legal funding after a wrongful arrest. This funding can provide you with the money you need to pay for your:
- Healthcare costs
- Daily and cost-of-living expenses
- Legal fees
You can easily apply for pre-settlement funds, often receiving the money you need to address financial pressures in only a few days. Your attorney may have more information about the use of this type of funding in your situation.
How to Apply for Pre-Settlement Funding
You can apply for pre-settlement funds by providing information about your legal case and the extent of your losses. Generally, a funding company will need to speak with your lawyer to learn more about your claim before approving funding.
You do not have to go through a credit check or provide your social security number to secure the money you need after a wrongful arrest.
How You Pay Back Pre-Settlement Funding
Pre-settlement funding provides you with a non-recourse cash advance, so you only pay back the money you receive if your lawyer successfully resolves your claim. If your lawyer cannot bring you compensation, you will not have to make payments for your funding.
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You Can Get Financial Help After a Wrongful Arrest
So, how much is a wrongful arrest lawsuit worth? The value of this type of legal claim will vary based on the time you spent in police custody, whether you sustained any injuries, and the emotional and mental effects of your incarceration.
Regardless of the final value of your claim, our team at Pegasus Legal Capital understands the tremendous financial strain you can experience while going through the legal process. That’s why our team offers pre-settlement legal funding to help handle your legal fees, medical costs, and other expenses.
You can learn more about how legal funding works with our team. We have extensive experience and know what it takes to provide the money you need to get back your peace of mind after a wrongful arrest.
Your pre-settlement funding consultation is free - contact us today!
