Are you likely to win your pending lawsuit in New Mexico? While a financial settlement or court award might be on the horizon, lawsuits can take months—if not years—to fully resolve. In the meantime, you still have to keep up with your expenses because the bills don’t stop.
However, as a result of the situation that resulted in a lawsuit in the first place, you may be having a hard time paying for rent, covering your medical bills, or supporting your family financially while you wait for justice to prevail.
At Pegasus Legal Capital, we understand the importance of pre-settlement funding and how much it can help. That’s why we’ve been offering New Mexico pre-settlement funding to plaintiffs just like you since 2007. We’re your trusted legal funding partner, and we’re here to help.
How is Lawsuit Funding Different from a Traditional Loan?
Legal funding is not the same as borrowing from a bank or a credit union. Here are some key differences worth noting:
- No monthly payments: With traditional loans, you’re expected to make regular monthly payments. With legal funding, repayment happens only after your case settles.
- No credit check: Traditional lenders review your credit score, income, and financial history. Legal funding companies focus solely on the merits of your case.
- No repayment if you lose: With most loans, you’re still responsible for repayment no matter what. Legal funding is risk-free to you if your case isn’t successful.
- No upfront costs: Reputable legal funding providers don’t charge application or processing fees. The process is free to start.
These differences make legal funding a much more accessible option for a plaintiff, especially if your credit history isn’t ideal or if you’re already under financial stress.
Schedule your free consultation today 855-386-3968
What Types of Cases are Eligible for Legal Funding in New Mexico?
In New Mexico, pre-settlement legal funding is typically available to plaintiffs in personal injury lawsuits, but eligibility can extend to other case types as well. These are examples of common qualifying cases:
- Car accidents and truck accidents
- Motorcycle crashes
- Slip and fall injuries
- Premises liability cases
- Workplace accidents
- Medical malpractice
- Product liability injuries from defective products
- Dog bites and animal attacks
- Wrongful death claims
If you’ve filed a lawsuit and have already retained legal counsel, you may qualify for this type of funding even if your case is still in the early stages.
Legal Funding Laws and Regulations in New Mexico
New Mexico does not currently regulate or restrict lawsuit funding through specific state statutes. That means legal funding companies are allowed to operate freely in the state, though many voluntarily follow ethical guidelines and certain practices to protect consumers.
Many reputable companies require that you have an attorney representing you. This requirement serves two purposes:
- It ensures repayment: Your attorney helps coordinate repayment to the funding company when the settlement is disbursed.
- It helps with evaluation: Legal funders will often consult with your attorney to assess the strength and estimated value of your case before approving your application.
While New Mexico doesn’t impose strict legal restrictions, you should still choose your funding company carefully. Look for transparency, clear contract terms, and no hidden fees.
Click to contact us today
How to Apply for New Mexico Pre-Settlement Legal Funding
Getting started with legal funding in New Mexico is simple. Here’s how the process typically works:
- Choose a reputable funding provider: Look for companies with positive reviews, transparent pricing, and fast processing times.
- Submit an application: You can usually apply online or over the phone. You’ll need to provide basic information about yourself, your lawsuit, and your attorney’s contact details.
- Your case is reviewed: The funding company will assess your case and consult with your attorney if necessary.
- Receive your offer: If you qualify, you’ll be presented with a cash advance offer to review and accept.
- Get your money: Once approved, the funds are typically delivered within 24 to 48 hours.
It’s important to note that your consultation is free, and you’re under no obligation to accept the offer if you are not comfortable with the terms.
Your pre-settlement funding consultation is free - contact us today!
Why Choose Pegasus Legal Capital?
At Pegasus Legal Capital, we understand how difficult it can be to wait for a legal settlement. Medical expenses, lost income, and everyday bills can add up quickly, and we believe plaintiffs shouldn’t have to suffer financial stress while pursuing justice.
We are proud to offer:
- Fast approvals: Many applicants receive a decision in six hours or less.
- Quick funding: Once approved, we can transfer funds quickly.
- No credit check: Your case is what matters, not your credit history.
- Compassionate service: We prioritize you to make the process as smooth as possible.
- Access to resources: We can connect you with support services if needed.
We’ve earned the trust of people like you by staying committed to ethical practices and offering transparent services every step of the way. With us as your New Mexico pre-settlement funding provider, you can move forward with confidence and peace of mind.
Contact Pegasus Legal Capital for Pre-Settlement Funding in New Mexico
If you’re in the middle of a personal injury lawsuit in New Mexico and you need financial support while your case unfolds, Pegasus Legal Capital is here to help. When you reach out to us for New Mexico pre-settlement funding, you don’t have to wait in financial limbo.
We’ll evaluate your case quickly and give you a fair offer with no obligation to accept. If you’re approved, we’ll send your funds promptly. That way, you can cover the expenses that matter while your legal situation plays out. Contact us today to get started.
Your pre-settlement funding consultation is free - contact us today!
