Lawsuits can be expensive. If you’re facing financial challenges while awaiting the resolution of a case, pre-settlement legal funding can help you cover your expenses.
When legal proceedings stretch on longer than expected, everyday costs like medical bills, rent, and groceries can become prohibitive. If this is the case for you, it’s natural to feel overwhelmed.
Since 2007, Pegasus Legal Capital has been supporting plaintiffs in need. If you’re struggling to make ends meet while awaiting a settlement, Washington pre-settlement funding can provide you with relief.
What Is Pre-Settlement Funding in Washington?
Pre-settlement funding, also known as legal funding, is a non-recourse cash advance provided to plaintiffs involved in ongoing lawsuits. This type of funding helps cover your living expenses, medical bills, and other financial needs while you wait for your case to settle.
Since it’s non-recourse, repayment is only required if you win or settle your case.
What Are the Benefits of Pre-Settlement Funding?
Pre-settlement funding in Washington offers numerous benefits to plaintiffs. Some of the foremost ones include:
- Financial relief: It provides immediate cash to cover essential expenses such as rent, utilities, and medical costs.
- No repayment risk: If your case does not result in a settlement or verdict in your favor, you owe nothing.
- Leverage in negotiations: With financial support, you can avoid settling too early for less compensation than you deserve.
- No credit check: Unlike traditional loans, pre-settlement funding does not rely on your credit history.
How Does Washington Pre-Settlement Funding Compare to a Loan?
Though they may seem similar, pre-settlement funding is different from a traditional loan. Here’s how they compare:
- Repayment obligation: Loans must be repaid regardless of the outcome of your case, while repayment of pre-settlement funding is contingent on a favorable result.
- Credit requirements: Loans require credit checks, but pre-settlement funding does not.
- Approval process: Pre-settlement funding approvals are based on the merits of your case, not your financial history.
These differences make pre-settlement funding a more accessible, less risky option for plaintiffs awaiting case resolution.
What Is the Average Funding Per Case in Washington?
The amount of legal funding available to you will depend on various factors, including the specifics of your case and its projected value. Other relevant factors include your case’s potential settlement or verdict amount and the likelihood of a favorable outcome.
Am I Eligible for Pre-Settlement Funding in Washington?
Eligibility for pre-settlement funding is determined by the strength of your case, not your credit history. Commonly funded cases in Washington include:
- Personal injury claims
- Medical malpractice cases
- Employment disputes
- Product liability lawsuits
If your case has merit and a strong likelihood of a favorable outcome, you’re likely eligible for funding.
Can I Get Legal Funding in Washington With Bad Credit?
Yes. Unlike traditional loans, pre-settlement funding does not require a credit check. Your credit score, income, and employment history will not impact your ability to secure financing. The only considerations are the merits of your case and the likelihood of a successful settlement or verdict.
Do I Need a Lawyer to Get Legal Funding in Washington?
Yes, having legal representation is a requirement for obtaining legal funding in Washington. Pegasus Legal Capital will work closely with your attorney to evaluate your case and determine the appropriate amount of funding.
How Long Does It Take to Get My Funds?
Once your application for pre-settlement funding is approved, you can expect to receive your cash advance within 24 to 48 hours.
Why Choose Pegasus Legal Capital?
Pegasus Legal Capital is a trusted provider of pre-settlement funding in Washington. Here’s why plaintiffs choose us:
- Transparent pricing: We offer clear terms with no hidden fees, so you know exactly what to expect.
- Fast approvals: Our team ensures quick application processing and fund disbursement to meet your urgent needs.
- Dedicated support: Our team can guide you through every step of the process, ensuring a seamless experience.
- Proven expertise: We have been helping plaintiffs secure legal funding since 2007.
By choosing Pegasus, you’ll be able to focus on your recovery without financial distractions.
How to Apply for Pre-Settlement Funding in Washington
Applying for pre-settlement funding with Pegasus Legal Capital is a straightforward process:
- Submit your application: Provide basic details about your case and financial needs.
- Case evaluation: Pegasus will collaborate with your attorney to assess your case.
- Approval and agreement: Once approved, you’ll receive a funding agreement outlining the terms.
- Receive your funds: Funds are disbursed within 24 to 48 hours of approval.
Contact Pegasus Legal Capital
If you’re worried about how to pay bills or cover your daily expenses while awaiting the resolution of a case, Pegasus Legal Capital is here to help. We understand the challenges you’re facing and are committed to providing the financial support you need.
Call today to submit an application and take the first step toward security.