If you’re involved in a personal injury lawsuit in Oregon and need financial help while your case is pending, you might be looking for Oregon lawsuit loans. Pegasus Legal Capital offers something different from traditional lawsuit loans and is much more suited to your needs.
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.
This approach helps Oregon plaintiffs wait for fair settlements instead of accepting whatever the insurance company offers first. Our application process moves quickly, with most decisions made in 4-6 hours after attorney contact and funding delivered within 24-48 hours after approval.
Understanding Lawsuit Cash Advances and Legal Terms
Non-recourse means you have no personal obligation to repay the advance if your case doesn’t result in a recovery. This is fundamentally different from Oregon lawsuit loans, which are recourse obligations that you must repay regardless of your case outcome. With non-recourse funding, the risk stays with the funding company, not with you.
A cash advance is the money we provide to you during your lawsuit. Unlike loans that transfer to your bank account as borrowed money, a cash advance is money we invest in your case’s potential value. The advance amount depends on factors like your case strength, expected settlement value, and attorney assessment.
Pre-settlement means the funding occurs before your case settles or goes to trial. This timing distinguishes it from post-settlement funding, which provides money after you’ve won but are waiting for the settlement check to arrive. Most plaintiffs need pre-settlement funding because the financial pressure hits hardest during the months or years before the case resolves.
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Eligibility Requirements and Case Types
We give pre-settlement funding for many case types, like:
- Oregon 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 Oregon lawsuit loans.
- Oregon 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.
- Oregon FELA lawsuits: If you’re a railroad worker pursuing a FELA claim, Pegasus can provide fast, risk-free legal funding while your case progresses.
- Oregon 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.
- Oregon 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.
Covering Living Expenses During Litigation
Personal injury litigation can take months or even years to reach a resolution. During this time, your regular living expenses continue, yet your injuries may severely limit your ability to earn income. Pre-settlement funding helps bridge this gap by helping you pay for:
Rent
Rent or mortgage payments are often the biggest concern for injured plaintiffs. Missing housing payments can lead to eviction or foreclosure, creating problems that last long after your case settles. Our funding helps you stay current on housing costs so you don’t lose your home while fighting for fair compensation.
Utilities
Utility bills for electricity, water, gas, and internet service continue regardless of your financial situation. Pre-settlement funding helps you keep utilities connected, maintaining basic comfort and functionality in your home. This is particularly important if you’re recovering from injuries and spending significant time at home.
Food
Food and groceries remain necessary expenses that don’t pause during litigation. When you’re unable to work and your savings are depleted, even buying groceries becomes challenging. Our funding ensures you can feed yourself and your family properly while your case proceeds.
Transportation
Transportation costs include car payments, insurance, gas, and maintenance. If your injuries prevent you from working, making car payments becomes difficult. However, you still need reliable transportation to attend medical appointments, meet with your attorney, and handle daily tasks. Pre-settlement funding helps you maintain your vehicle and avoid repossession.
Insurance
Insurance premiums for health, auto, and other policies continue during litigation. Letting insurance lapse can create serious problems. Health insurance is crucial if you’re still receiving medical treatment. Auto insurance is legally required and necessary if you’re involved in further accidents. Our funding helps you maintain insurance coverage throughout your case.
Additional living expenses that funding can cover include:
- Childcare costs while you attend medical appointments or legal meetings
- Prescription medications and medical supplies not covered by insurance
- Phone bills to stay in communication with your attorney and healthcare providers
- Essential household items and clothing
- Pet care and veterinary expenses
The flexibility of pre-settlement funding means you can direct money where you need it most without restrictions on how you spend it.
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About Pegasus Legal Capital
Pegasus Legal Capital has provided pre-settlement funding solutions since 2007, 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.
Our technology allows us to analyze cases efficiently and deliver fast decisions. Most applicants receive responses within 4-6 hours, and approved funding typically reaches clients within 24-48 hours. This speed sets us apart in the pre-settlement funding industry and reflects our understanding that when you need financial help, you need it now.
We offer funding amounts from $500 to $6 million, depending on your case’s expected value. Whether you need help with one month’s rent or substantial funds to cover extensive medical treatment and living expenses during a lengthy litigation, we can structure an advance that meets your needs.
Your pre-settlement funding consultation is free ā contact us today!
Before Choosing an Oregon Lawsuit Loan Provider, Consider Us
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.
If you‘re searching for Oregon lawsuit loans but want the security of non–recourse funding, contact Pegasus Legal Capital for a free consultation. We’ll explain how our cash advances work and what amount you might qualify for.
Your pre-settlement funding consultation is free ā contact us today!