At first glance, Los Angeles personal injury lawsuit loans can seem great. Yet, if you want a loan from a bank or credit union, you’ll likely have to undergo a credit check and have your income history reviewed.
On top of that, if you receive a loan, you’ll have to make monthly payments on it until your balance is clear, regardless of whether your personal injury case is a success.
Pegasus Legal Capital is your trusted legal funding partner. We offer pre-settlement funding that’s a risk-free alternative to the Los Angeles lawsuit loans provided by banks and credit unions.
With us, you can receive anywhere from $500 to $6 million in legal funding as soon as the next day. To learn more, discuss our pre-settlement funding options with us.
You Deserve Better Than LA Personal Injury Lawsuit Loans
As you debate personal injury lawsuit loans in Los Angeles versus pre-settlement funding, consider the pros and cons of each carefully. With either option, you’ll get money that can help you stay afloat financially during your personal injury case proceedings. However, if you choose California lawsuit loans, you may encounter various problems in the near future.
Those who receive lawsuit loans will have to pay them back in accordance with their bank or credit union’s terms and conditions. If you don’t get money in your personal injury case, you’re still responsible for your loan balance. Plus, loan payments are required monthly. If you miss even a single loan payment, you could incur late fees and other financial penalties.
At Pegasus Legal Capital, we offer Los Angeles pre-settlement funding with the needs of plaintiffs top of mind. We know how difficult it is to secure compensation in a personal injury lawsuit. Thus, we don’t require monthly payments on our legal funding. You don’t have to repay us unless you receive money in your lawsuit. Contact us today for more information.
Schedule your free consultation today with a personal injury lawyer serving Los Angeles, 855-386-3968
How Can You Get LA Pre-Settlement Funding?
If you apply for personal injury lawsuit loans in LA, you may have to share your credit score and information about your income with your bank or credit union. Comparatively, with Los Angeles legal funding, all you have to provide is your contact information and details about your personal injury case.
Below are the steps to obtain pre-settlement funding:
- Apply online or over the phone. The entire application process may take just a few minutes of your time. If you want help during this process, legal funding specialists are available, and they can share FAQs and other resources with you.
- Get your quote. Your legal funding company will examine your request and give you a custom quote within hours of receiving your legal funding application.
- Receive your money. Once you finalize your non-recourse cash advance with your pre-settlement funding company, you should expect to receive your funds within one to two days.
When you submit your pre-settlement funding application, you are required to have legal representation. Your attorney will keep your legal funding company updated about your personal injury case.
As soon as your case is settled, your lawyer will take care of paying back your non-recourse cash advance provider for you.
Work With Our Los Angeles Personal Injury Lawyers 855-386-3968
How to Pay Back What You Owe for Los Angeles Legal Funding
In terms of Los Angeles personal injury legal loans, you’ll have to make payments to your bank or credit union soon after you get your money.
On the other hand, your LA legal funding provider wants you to prioritize your legal matters instead of having to worry about monthly payments. As you do, you and your lawyer can build your case and, hopefully, maximize your compensation.
At the end of your personal injury case, you could receive a settlement. If you were given legal funding previously, your lawyer will deduct your balance from this total and pay your non-recourse cash advance company on your behalf. Then, you’ll get the rest of your settlement.
Unfortunately, personal injury lawsuits don’t come with guarantees. If you receive pre-settlement funding but don’t secure compensation after you sue someone for damages, your lawyer will inform your non-recourse cash advance company about your case outcome. At this time, the business will cover your legal funding, and you will keep your money, with no penalties.
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Don’t Wait Any Longer to Apply for Legal Funding in Los Angeles
In many cases, personal injury legal loans in Los Angeles can be more trouble than they’re actually worth. Thankfully, if you’re involved in a personal injury lawsuit, you can apply for pre-settlement funding at your convenience. This funding can help you move your case forward without stressing about your finances.
At Pegasus Legal Capital, we make it simple to obtain pre-settlement funding in LA. To date, over 15,000 clients have chosen us for legal funding.
Give us the opportunity to teach you about our pre-settlement funding for personal injury cases. Speak with us about our legal funding options. Or, apply for pre-settlement funding now.
Your pre-settlement funding consultation is free — contact us today!