If you have injuries due to another person’s negligence or wrongdoing in Miami, you might be waiting on a personal injury settlement to compensate you for expenses. However, some costs, like medical care, need to be paid now and cannot wait for your case to resolve.
Miami lawsuit loans are one option to access your settlement funds early, but these carry risky terms and strict payment schedules. At Pegasus Legal Capital, we offer non-recourse cash advance alternatives to lawsuit loans to qualifying individuals. With a cash advance, you can pay for the things you need now, and you only pay back the money if you win your case.
We are Your Trusted Legal Funding Partner and have provided funding for over 15,000 deserving individuals. Contact us today to speak to a team member about our pre-settlement legal funding alternatives to Miami personal injury lawsuit loans.
How Does Legal Funding in Miami Work?
Legal funding is a lower-risk alternative to lawsuit loans that lets you access funds from your personal injury settlement before the case is decided. Legal funding acts as a cash advance, so once you get the money, you can spend it on expenses and obligations, like medical care, as you see fit.
Below are some important features of our legal funding that distinguish it from traditional lawsuit loans:
- No credit report checks or income verification requirements
- No payment schedule or minimum monthly payments
- Fast funding in as little as a few days
- Repayment comes out of your final settlement
- Competitive interest rates
Most importantly, the cash advance from legal funding is non-recourse, meaning you only pay it back if you win your case. The settlement itself is the collateral, so if you don’t win, you won’t have to pay back any money you use.
This is different from Miami personal injury lawsuit loans, which require you to pay them back, regardless of the case outcome.
Schedule your free consultation today with a personal injury lawyer serving Miami, 855-386-3968
What Kind of Personal Injury Cases Are Eligible for Funding?
We have experience funding a wide range of personal injury cases. If you are working with an attorney and filing a personal injury lawsuit in Miami, your case most likely qualifies for legal funding:
- Car and truck accidents. Pre-settlement funding can be used to pay for medical treatment and vehicle repair/replacement costs.
- Motorcycle accidents. Legal funding can help victims pay for the tremendous medical bills and permanent injury expenses after a motorcycle accident.
- Premises liability accidents. Legal funding can pay for lasting injuries caused by dangerous property conditions, like wet flooring or dangerous animals.
- Medical malpractice. Legal funding can cover the cost of treating injury or disease from physician and medical practitioner negligence.
- Workplace injuries. You can secure legal funding to pay for workplace injuries, particularly in cases where workers’ compensation doesn’t apply.
- Wrongful death. If your loved one has died due to another’s negligence, legal funding can cover the losses while you wait for a wrongful death settlement.
If you are unsure about whether your personal injury case is eligible for funding, reach out to a team member at Pegasus Legal Capital to discuss options.
Work With Our Miami Personal Injury Lawyers 855-386-3968
How Much Legal Funding Can I Get in Miami?
Florida state law doesn’t set a legal limit on pre-settlement funding amounts, so how much money you can get from personal injury lawsuit funding depends on several factors, including the type of case, the case value, and the strength of the supporting evidence.
For instance, cases that involve severe injury and excessive medical expenses may be able to secure a higher amount of pre-settlement funding. Similarly, cases where the defendant displayed reckless or malicious behavior could qualify for more funding.
Our team uses advanced technology and attorney assessments to underwrite cash advances and determine an appropriate amount. We have provided over $500 million in non-recourse funding to help thousands of individuals cover their injury expenses, and we can help you next.
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How to Apply for Legal Funding
We understand that claimants have limited time and resources, so we make the legal funding application process as simple as possible. Here’s how things work:
- Apply online (or by phone). First, submit an application with your case details either online on our contact form or by phone.
- We’ll contact your lawyer. Once we receive your application, we’ll reach out and consult with your lawyer about the merits of your case and the likelihood of securing a settlement.
- We underwrite the case. Our team will use attorney references and professional underwriting techniques to calculate a pre-settlement funding amount.
- You use the money. We’ll give you the money however you want—direct deposit, paper check, etc.—and you can use it how you’d like. There are no restrictions on using pre-settlement funds.
- You pay it back (only if you win). You pay back the used funds plus interest if and only if you win your case. Repayment comes directly from the settlement, so you don’t have to personally pay.
Your pre-settlement funding consultation is free — contact us today!
Pegasus Legal Capital: Explore Safe Alternatives to Miami Personal Injury Lawsuit Loans
When recovering from a serious injury, you don’t need the added stress of wondering how you’ll make ends meet while waiting for your personal injury settlement. Pegasus Legal Capital can help you secure the funds you need to pay for necessities without the added stress of onerous lawsuit loans.
Do you want to learn more about our pre-settlement legal funding alternatives to Miami personal injury lawsuit loans? If so, contact us online or by phone. A friendly team member will be available to address all your questions and concerns.
Your pre-settlement funding consultation is free — contact us today!