Just how are we different from various other funding providers?
Our outstanding customer service, together with fast funding of loans, enables us to provide what you need immediately.
Services rendered by Blue Fire Funding are not to be considered lawsuit loans. The terminology “loan” and “loans” are not correct legal or financial terminology or definitions describing transactions that provide legal cash advances or legal funding. Loans require repayment, which is unlike legal funding which is non-recourse cash advance. Legal funding only requires payment when the plaintiff receives a monetary award or settlement of their case.
So how exactly does a lawsuit loan vary from your standard loans?
Rather than a physical kind of collateral to ensure repayment, lawsuit advances make use of the payment you anticipate to get in your lawsuit resolution as collateral. (Ask for a zero headache case evaluation) Customers can instantly obtain the funds required to pay off medical expenses or other bills; which means very little delays for your settlement to be made so you can have your funds, which may take several months or perhaps years. Your advance is quickly paid back, because you only pay it back when your settlement dollars starts being distributed. Furthermore, lawsuit funding help to prevent you from placing yourself in a grave financial predicament, since you only pay back the funding should you win your case. This is certainly motivation enough for individuals who require funds quickly and are not able to hold out until a resolution is reached to get payment.
Since a lawsuit advance will only be paid back if you win your case, you will never be stressed with the extra financial commitment of paying back the monies in the event that you do not win your lawsuit.
Financial backing firms evaluate the merits of your case thoroughly before granting the funds, therefore when you find out that you are eligible, odds are fairly high that you are going to get your settlement.
Since our lawsuit loans are non-recourse, you will not be liable for paying back of the cash advance if you lose your case for any reason at all.
Settlement cash advances are beneficial in case you have been hurt in vehicle accidents, at work or somewhere else. Individuals that have major injuries due to negligence usually deal with significant medical bills; these expenses have to be paid, however you might not be able to do your job on account of your injuries.
Therefore, a hurt individual could be compelled to bring suit against an insurance provider or even workplace to secure the funds they are entitled to for their injuries. Funds provided via a lawsuit cash can help you pay for other medical bills, household expenses along with other bills that simply cannot be “put off” until your case is resolved.
Personal injury lawsuits usually take many months to resolve; meanwhile, you might encounter overwhelming financial problems or perhaps personal bankruptcy. Settlement advances allow you to prevent these scenarios.
Mayfield Settlement Funding company is trustworthy and committed to saving you money via reduced upfront costs and rates of interest. Pre and post settlement advances are our area of expertise, allow us to guide you through what could be a difficult and stressful period of your life.
Give us a call at 1 (888) 800-8400 or check out our immediate service page to have one of our approachable Lawsuit Funding experts help you today.
Services provided by Mayfield Settlement Funding are not regarded as lawsuit loans. The lingo “loan” and “loans” are not proper legal or financial terms or explanations conveying transactions that offer legal monetary advances or legal financing. Loans demand repayment, which is not like legal funding. Legal funding only demands repayment when the plaintiff gets a financial award in their case and is paid from the settlement.
Services rendered by Mayfield Settlement Funding are not to be considered lawsuit loans. The terminology “loan” and “loans” are not correct legal or financial terminology or definitions describing transactions that provide legal cash advances or legal funding. Loans require repayment, which is unlike legal funding which is non-recourse cash advance. Legal funding only requires payment when the plaintiff receives a monetary award or settlement of their case.