A car accident can jeopardize your financial future. If you’re having a hard time paying your bills while waiting for your lawsuit to conclude, car accident pre-settlement funding can help you make ends meet.
If you’ve been injured in a Louisiana car accident, you may be facing costly medical bills and vehicle repairs. But you don’t have to pay these expenses out of pocket.
Since 2007, Pegasus Legal Capital has provided more than $500 million in legal funding to clients like you. If you’re struggling to pay day-to-day expenses while your case is pending, Louisiana car accident pre-settlement funding can bridge the gap.
What Is Pre-Settlement Funding?
Pre-settlement funding is a cash advance against the expected settlement or verdict of your pending lawsuit. Instead of waiting months or even years for your case to conclude, you can access part of your potential settlement now.
Personal injury pre-settlement funding enables you to cover expenses like rent, groceries, and medical care without relying on high-interest credit cards or risky personal loans. It also gives your attorney more time to negotiate the maximum possible settlement.
When you reach out to our team, we can explain how lawsuit funding helps victims of motor vehicle accidents and what to expect from the process.
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Who Qualifies for Pre-Settlement Funding?
You may be eligible for car accident legal funding in Louisiana if:
- You have a pending car accident claim: You can only receive funding if you have an active case with a legitimate chance of recovery.
- You have legal representation: A lawyer must confirm your case details and settlement potential.
- Your case has merit: If the evidence supports your claim and the other driver is clearly at fault for your accident, you’ll have better odds of approval.
How to Apply for Car Accident Pre-Settlement Funding in Louisiana
Pegasus Legal Capital offers a straightforward application process designed to get you the money you need promptly. Here’s how it works:
- Submit your application: Provide your contact information and details about your motor vehicle accident case.
- Attorney confirmation: Pegasus Legal Capital will contact your lawyer to verify case information and potential settlement value.
- Case review: Our team will evaluate liability, damages, and insurance coverage.
- Funding approval: If approved, you’ll receive a funding offer.
- Receive your money: Once all documents are signed, your funds will be deposited directly into your bank account.
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How Is Pre-Settlement Funding Different from a Loan?
Pre-settlement funding is a safer alternative to high-interest loans or credit cards while your case is pending. Here’s why:
- No repayment if you lose: Unlike a loan, pre-settlement funding is non-recourse. If your case does not settle, you don’t have to repay the advance.
- No credit check: Your credit score and employment history are irrelevant. Approval depends solely on the strength of your legal claim.
- No monthly payments: You don’t have to make any payments until you win or settle your lawsuit.
Your pre-settlement funding consultation is free — contact us today!
Do I Need a Lawyer to Get Pre-Settlement Funding in Louisiana?
Yes, you must hire a lawyer to obtain car accident legal funding in Louisiana. Funding companies rely on your lawyer to confirm liability, damages, and projected settlement value and to provide documents like medical bills, crash reports, and court filings.
How Long Will It Take to Get My Car Accident Pre-Settlement Funding?
Most applicants receive their funds within 24 to 48 hours of approval. However, the exact amount of time you’ll wait will depend on:
- How quickly your attorney responds to requests for case documents
- The complexity of your claim (such as whether there’s disputed liability or multiple parties)
- The funding amount requested
A car accident lawyer can do many services for you. One such service is working directly with Pegasus Legal Capital to minimize delays and ensure you get your funds as soon as possible.
How Can I Use My Louisiana Car Accident Legal Funding?
You can use your pre-settlement funding in any way you wish while you wait for your case to conclude. Common uses include:
- Medical bills
- Rent or mortgage payments
- Groceries and other household supplies
- Childcare expenses
- Car payments or repairs
- Credit card or loan payments
Why Pick Pegasus Legal Capital?
If you’re under financial pressure, it’s important to work with a funding provider that puts your needs first. People choose Pegasus Legal Capital because:
- Fast approval process: You can get your funds within days of your approval.
- No financial risk: You only repay if you win or settle your case.
- Transparent terms: You won’t face hidden fees or surprise costs.
- Track record: Pegasus has years of experience helping car accident victims across Louisiana.
With Pegasus Legal Capital, you can count on fair funding and professional support while your case is pending.
Apply for Car Accident Legal Funding in Louisiana Today
Waiting for your car accident lawsuit to settle can be stressful, but financial support is available. Car accident pre-settlement funding in Louisiana can help you pay your bills and provide for your family while your lawyer pursues the compensation you need to get your life back on track.
Pegasus Legal Capital makes the process simple, fast, and risk-free. If you qualify, your funds could be deposited into your account within a few days. Call today to find out whether you are eligible.
Your pre-settlement funding consultation is free — contact us today!