California pre-settlement funding allows plaintiffs to benefit from their settlements during an ongoing case or before the defendant pays damages. You can apply for this type of funding in California through Pegasus Legal Capital.
We provide competitive non-recourse advances and interest rates for numerous types of cases. Our company proudly serves as your trusted legal funding partner, drawing on over a decade of experience to provide the financial assistance you need when going through the legal process.
You can learn more about pre-settlement legal funding and the services we offer by contacting our team right now.
Why Get Pre-Settlement Funding in California?
As a court case proceeds—or in the time between reaching and receiving a settlement—plaintiffs’ financial needs persist. Pre-settlement legal funding is a cash advance that you can receive as the plaintiff of an ongoing court case or prior to receiving payment for damages.
When you qualify for a lawsuit cash advance, you receive a lump sum and can use it immediately for any purpose. Legal funding is a non-recourse borrowing option, meaning you repay what you borrowed with interest only if you win your case.
There are two types of legal funding—pre-settlement and post-settlement. A pre-settlement advance is one you receive while the lawsuit is active, while a post-settlement advance is possible after reaching a settlement but before receiving payment.
How Does Legal Funding Compare to a Traditional Loan?
Pre-settlement lawsuit advances are different from pre-settlement loans in California because lawsuit funding advances are non-recourse borrowing options.
A lawsuit cash advance only requires repayment if you win your case, unlike a lawsuit loan, which would require you to repay the balance plus interest in all situations.
The non-recourse nature reduces risk and provides reassuring financial stability as you handle your personal injury lawsuit. You can learn more about how legal funding works and the benefits to your situation when you contact us.
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Cases Funded in California
Legal funding is available for various types of cases in California. You can learn more about what we fund online before applying. Some of the most common qualifying circumstances for lawsuit funding include:
- Personal injury claims
- Motor vehicle accident claims
- Truck accident claims
- Medical malpractice claims
- Construction accident claims
- Labor lawsuits
- Wrongful death claims
- Defective drug injury claims
- Class action lawsuits
- Slip and fall accident claims
- Premises negligence claims
We can also help with funding for medical liens and cases involving the Jones Act (Maritime) or Federal Employers’ Liability Act (FELA) (Railroad).
How Can You Use Legal Funding?
You can use the funding our company provides to cover many of the costs you face while going through the legal process. For example, you can use the funds to cover your:
- Medical expenses
- Living expenses
- Legal fees
We understand the tremendous financial hardships that accident victims can face and provide this option to cover some of the costs you face while your personal injury attorney handles your legal battles against the at-fault party.
Are There Restrictions for Legal Funding in California?
California allows plaintiffs to pursue legal funding with little restriction. One technical but not legal exception is that some judges in the Northern District of California may require the plaintiff to disclose a litigation funder’s identity during class action suits.
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How to Apply for California Legal Funding
Pegasus Legal Capital offers an intuitive process for receiving post-settlement advances or pre-settlement funding in California. You can apply online or call us. After receiving your case details from your personal injury lawyer, we will contact you to discuss an agreement for pre-settlement legal funding.
We make the application process easy and explain exactly what you need to do to get the financial support you need. We’ll also explain repayment terms, so you know what to expect at the resolution of the claims process.
Does Legal Funding Require a Credit Check?
You can get help easing the financial burden you face when facing a legal fight without worrying about a credit check, so you don’t have to worry about your credit score. Additionally, our pre-settlement funding company does not require your Social Security card when handling your application for funding.
Instead, we focus on the details of your legal claim when determining how much funding we can offer.
Your pre-settlement funding consultation is free - contact us today!
Why Rely on Us for Legal Funding?
As one of the most reputable legal funding companies in California, we understand the processes, laws, and personal experiences that drive our industry. With more than 15 years in business, we have helped many plaintiffs through the legal process by offering the funds they need prior to making a decision or payment.
By combining our expertise with a steadfast commitment to our clients’ needs, we can point readers in the right direction. Just as we provide funding without recourse, we provide useful information to readers at any stage of their research process.
Whether you are ready to discuss your case details with our staff or are still considering ways to navigate your legal needs, you can trust Pegasus Legal Capital to provide impartial, experience-driven information.
Contact Us to Discuss Legal Funding
With Pegasus Legal Capital, you can enjoy greater financial stability and peace of mind while anticipating a court settlement. Our California pre-settlement funding has helped numerous clients. Call or fill out our quick online application form to learn more.
Your pre-settlement funding consultation is free - contact us today!
