If you have a pending personal injury lawsuit, you could be facing financial instability. Because you cannot work due to your injuries, medical bills, everyday expenses, and the uncertainty of your future adds significant stress to an already challenging situation. Pre-settlement funding in New Hampshire could be the solution.
At Mustang Funding, we are a litigation finance company focused on high-quality, transparent capital solutions for law firms and their clients. Despite being called a “lawsuit loan,” pre-settlement funding is different. Unlike traditional loans, there are no credit checks or income verification. Instead, it operates like a cash advance, leveraging your anticipated settlement as collateral. To learn more, contact us today.
How Pre-Settlement Funding in New Hampshire Works
To qualify for a lawsuit funding, a plaintiff in New Hampshire must have an ongoing personal injury lawsuit represented by an attorney willing to discuss case details with us. We evaluate the strength of a case, and if it meets our criteria, the plaintiff will receive approval for funding, which is generally available within 24 hours. The funds are typically used to cover expenses, such as medical bills, rent or mortgage payments, utilities, and other essential needs. However, there are no restrictions on how you can spend the money.
In addition, by avoiding the pressure to accept a settlement offer that will not cover your damages, your attorney is better positioned to negotiate for fair and reasonable compensation. Broadly speaking, it helps level the economic playing field against deep-pocketed defendants and insurance companies.
Further, pre-settlement funding is a non-recourse loan. If your case is unsuccessful, you do not have to repay it.
New Hampshire Pre-Settlement Funding Laws
Pre-settlement funding is legal in New Hampshire and endorsed by state courts. However, workers’ compensation cases are not eligible. Typical cases include product liability claims, car accidents, medical malpractice, whistleblower lawsuits, and defective drug cases.
New Hampshire uses a modified version of the comparative negligence doctrine. If you are 50 percent or less at fault, your compensation will be reduced in proportion to your percentage of fault. For example, if you are awarded $100,000 but are found to be 25 percent at fault, you can only recover $75,000. However, you may not be eligible for compensation if you are 51 percent or more at fault.
Learn More About Pre-Settlement Funding in New Hampshire
Pre-settlement funding helps accident victims meet their financial needs while they wait for their claims to be resolved. We provide a financial advance directly to the plaintiff, not their lawyer’s office, to use in any manner they see fit. So, pay your bills, keep food on the table, and buy Christmas or birthday presents. It is your economic lifeline.
If you have any questions about New Hampshire pre-settlement funding and would like to know if you qualify, please contact Mustang Funding today. We serve Manchester, Nashua, Concord, Derry, Dover, and other regions across New Hampshire. We look forward to hearing from you.
