When you’re waiting for a personal injury settlement, financial stress can become overwhelming and push you towards settling early. You might search for Montana lawsuit loans to help cover expenses while your case moves forward.
Pegasus Legal Capital offers something fundamentally different from lawsuit loans. We provide non–recourse pre–settlement funding, meaning you only repay us if you win your case. If your lawsuit doesn’t succeed, you owe us nothing and keep the money we advanced.
Our funding helps Montana plaintiffs avoid accepting inadequate settlement offers due to financial desperation. When you can pay your bills without settling early, your attorney can negotiate from strength and pursue full compensation for your injuries.
Pre-Settlement Funding vs Traditional Loans
Traditional Rhode Island lawsuit loans are financial products where you borrow money and agree to repay it according to fixed terms. Banks evaluate your creditworthiness, income, and debt-to-income ratio before approving your application. Your personal liability for repayment exists regardless of what happens in other areas of your life, including your lawsuit.
Pre-settlement funding is an investment in your case’s potential outcome. We’re not lending you money based on your ability to repay from your income. We’re advancing money based on the likelihood that your case will result in compensation.
This fundamental difference eliminates credit checks, employment verification, and monthly payment requirements. You have no personal liability for repayment if your case doesn’t succeed.
Pre-settlement funding requires no payments until your case settles or goes to a verdict. You pay us back in one transaction when your case resolves.
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Eligibility Requirements and Case Types
We look at cases based on how good they are, how much they might be worth, and how clear the fault is. Your lawyer must be willing to work with us and give us the information we need about your case. If you do not have a lawyer yet, you cannot apply for pre-settlement funding.
We give pre-settlement funding for many case types, like:
- Rhode Island 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 Rhode Island lawsuit loans.
- Rhode Island 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.
- Rhode Island FELA lawsuits: If you’re a railroad worker pursuing a FELA claim, Pegasus can provide fast, risk-free legal funding while your case progresses.
- Rhode Island 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.
- Rhode Island 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.
Keeping Your Vehicle from Repossession
Car payments continue even when you’re unable to work due to injuries. Missing payments puts your vehicle at risk of repossession. Once you’re behind by 30-60 days, lenders can legally repossess your car without notice in most cases.
Without reliable transportation, you might miss medical appointments that are crucial for documenting your injuries and supporting your case. You’ll struggle to meet with your attorney for case updates and strategy discussions. If you’re able to work part-time or in a limited capacity, losing your car might eliminate that income.
Pre-settlement funding gives you money to catch up on car payments and keep your vehicle. Even if you’re several months behind, our funding can help you bring the account current and prevent repossession. Maintaining your car preserves your independence, your case, and your income.
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About Pegasus Legal Capital
Pegasus Legal Capital has provided pre-settlement funding solutions since 2008, 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.
As a member of the American Legal Finance Association, we follow industry standards and ethical practices. This membership demonstrates our commitment to transparency and fair treatment of clients. Unlike brokers who add extra fees, we’re a direct funder, which means you work with us from application through funding without intermediaries taking a cut.
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 — contact us today!
We’re a Direct Lender
Direct funders like Pegasus Legal Capital provide the money themselves. We evaluate your case, make funding decisions, and advance the cash directly to you. When your case settles, you repay us directly. This streamlined approach eliminates middlemen and keeps the process simple and transparent.
Brokers act as intermediaries who connect plaintiffs with funding sources. They don’t provide money themselves. Instead, they shop your case to various funding companies and take a fee for their services. This fee comes on top of the funding company’s charges, increasing your total cost.
Every dollar that doesn’t go to a broker is a dollar that stays in your pocket when your case settles. For a $10,000 advance, eliminating a broker fee of even 5-10% means you keep an extra $500-$1,000 at settlement.
Avoid the Risks of Rhode Island Lawsuit Loans
If you’re searching for lawsuit loans in Rhode Island but want the protection of non-recourse funding, contact Pegasus Legal Capital for a free consultation. As a direct funder, we offer transparent terms, faster processing, and lower costs than working through brokers.
Don’t let financial pressure force you into an unfair settlement when risk-free funding is available. See what funding options are available for you by contacting our offices for a case evaluation.
Your pre-settlement funding consultation is free — contact us today!