When you’re involved in a personal injury lawsuit in Virginia and struggling financially while your case proceeds, you might search for Virginia lawsuit loans to help cover expenses. Pegasus Legal Capital offers something fundamentally different from traditional loans.
We provide non-recourse pre-settlement funding, which means you only repay us if you win your case. If your lawsuit doesn’t result in compensation, you keep the money and owe us nothing.
Traditional lawsuit loans work like regular loans that require repayment, no matter what happens with your case. Our pre-settlement funding eliminates that risk because we only collect if your case succeeds. We’re investing in your case’s potential value, not lending against your personal finances.
How Much Funding Can You Receive for Your Case
Case strength and liability clarity are primary considerations. Cases where fault is obvious and well-documented typically qualify for larger advances than cases with disputed liability. If you were rear-ended at a stoplight, liability is straightforward. If you were involved in a multi-vehicle accident with conflicting accounts, liability is less clear.
The severity of your injuries affects the potential settlement value and, therefore, funding amounts. Catastrophic injuries like brain damage, spinal cord injuries, severe burns, or amputations typically result in substantial settlements, which support larger funding advances.
Your funding needs also play a role in determining the advance amount. While we evaluate what your case can support, we also work with you to choose an appropriate amount that meets your needs without over-borrowing. We typically offer funding amounts ranging from:
- Small advances of $500-$2,000 for immediate emergency needs
- Medium advances of $2,000-$15,000 for covering several months of expenses
- Large advances of $15,000-$100,000 for serious cases with extended timelines
- Substantial advances of $100,000-$6,000,000 for catastrophic injury cases with clear liability and high policy limits
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Eligibility Requirements and Case Types
We don’t check your credit score or job status. We look at cases based on how good they are, how much they might be worth, and how clear the fault is. Your lawyer must be willing to work with us and give us the information we need about your case.
Cases with clear fault and big damages usually get more money and faster approval. We give pre-settlement funding for many case types, like:
- Personal injury lawsuits: We offer non-recourse legal funding for motor vehicle accident cases, slip and falls, and other personal injury claims. This type of funding is safer than Virginia lawsuit loans.
- Labor law lawsuits: In some states, we can offer pre-settlement funding for labor law settlements, especially in industries with special workers’ compensation laws. Our cash advances help workers who are waiting on settlements under state labor laws.
- FELA lawsuits: If you’re a railroad worker pursuing a FELA claim, Pegasus can provide fast, risk-free legal funding while your case progresses.
- Wrongful death lawsuits: If you have lost a loved one and the insurance company is dragging its feet, don’t suffer further. Pegasus Legal Capital can help you cover expenses while you pursue compensation.
- Medical malpractice lawsuits: Medical malpractice claims can take years to resolve. You need money now, and we can provide it upfront. You only need to repay it if you win.
Protecting Your Home from Foreclosure
Mortgage payments don’t stop when you’re injured and unable to work. Missing even one payment can trigger late fees and damage your relationship with your lender. Missing three or more payments often leads to the foreclosure process beginning.
Your home is likely your most valuable asset and most important source of stability. Falling behind on mortgage payments during personal injury litigation can lead to foreclosure, creating long-term problems that persist long after your case settles. Pre-settlement funding can help you avoid this outcome.
Pre-settlement funding provides money to catch up on missed mortgage payments and prevent foreclosure proceedings from starting or continuing. Even if you’re several months behind, our funding can help you bring your account current and stop the foreclosure process.
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About Pegasus Legal Capital
Pegasus Legal Capital has provided pre-settlement funding solutions since 2008, serving over 15,000 clients nationwide. We’ve funded more than $500 million in advances to personal injury plaintiffs who needed financial support while their cases progressed through the legal system.
As a member of the American Legal Finance Association, we follow industry standards and ethical practices. This membership demonstrates our commitment to transparency and fair treatment of clients. Unlike brokers who add extra fees, we’re a direct funder, which means you work with us from application through funding without intermediaries taking a cut.
Working with Pegasus Legal Capital is risk-free. You only repay us from your settlement proceeds, and only if you win. If your case doesn’t result in a recovery, you keep the money we advanced and owe us nothing. This non-recourse structure protects you from financial risk during an uncertain time.
Your pre-settlement funding consultation is free — contact us today!
Skip The Virginia Lawsuit Loan for Something Better
If you’re searching for Virginia lawsuit loans but want the protection of non-recourse funding, contact Pegasus Legal Capital for a free consultation. We offer fast, transparent funding that protects you from risk while helping you avoid financial disaster during litigation.
Don’t let financial pressure force you into an unfair settlement when risk-free funding is available. Contact our offices to schedule a free case evaluation.
Your pre-settlement funding consultation is free — contact us today!