Insurance companies have never had a reputation for moving quickly. In general, insurance companies have quite large reserves of cash but have particular expertise in hoarding it for as long as possible. At times, as in the case of a small payout, this can be a minor hindrance. At other times, however, you may not have the luxury of time or sufficient means to wait for the insurance company to sign the check. Those who have been injured, through no means of their own, and are awaiting the results of litigation are especially harmed by the slow-moving gears of the courts and insurance firms. Fortunately, there are services for those who are in this most unfortunate situation.
The Time is Ticking
If you have been seriously injured and are awaiting the results of litigation, during your lawsuit, advance funding may be something that you should take into consideration. Quite often, those who have been injured are unable to work and face significant emotional and physical difficulties as the result of accident or negligence. Though compensation may be coming through the courts and eventually the insurance agencies, the time between accident and compensation can often times be unnecessarily and purposefully long. Firms that provide advance funding for your pending lawsuit can help you to remain financially solvent during that period between accident and compensation.
An Essential and Ethical Service
Those who have been injured are not always given the justice that they deserve. An insurance company will likely pay out as little as possible simply because they test your patience until you accept anything. The advantage of advance funding for your lawsuit is that it allows you some peace of mind in knowing that your bills will be paid, a roof will be over your head, and a just and fair amount will be awarded to you in the end. Advance funding is also very flexible in their payment methods. The majority of funding services will work with you on receiving your payment(s) in the way that works best for you.
What if I Lose?
One of the biggest concerns regarding advance funding is the issue of not knowing the outcome of your litigation. If you are in the unfortunate situation where you may need to file a lawsuit, advance funding may be a wise and fool-proof option because the majority of advance funding services do not require you to repay the advance even if you lose the case.
If you or someone you know has a case pending but need a settlement now, then please contact Resolution Funding at.
