You can get pre-settlement lawsuit funding for a wrongful death case. The sudden death of a loved one due to another party’s negligence often places an immense financial burden on families. They might feel pressured to settle their cases for far less than they are worth. Mustang Funding provides a solution to this common conundrum by offering upfront cash to litigants waiting to resolve their cases. Located in Wayzata, MN, we offer ethical institutional litigation funding to support justice. Contact us today to learn more.
Understanding Pre-Settlement Funding
Although pre-settlement funding is often referred to as a lawsuit loan or personal injury loan, it is different. Pre-settlement funding is a disbursement of money paid to a plaintiff in anticipation of a future verdict or settlement. Essentially, we buy a portion of your future court award or settlement to be paid when your wrongful death case concludes.
Unlike traditional loans, we do not take into account your credit score, income, or employment history. These factors can be barriers to securing financial assistance from conventional sources, but they are not relevant to our funding process. We focus on evaluating your case’s merits and the likelihood of a successful outcome. Finally, a lawsuit advance is non-recourse, meaning you do not have to pay it back if you lose your case.
Pre-settlement funding may be available in wrongful death cases caused by the following:
- Motor vehicle accidents
- Medical malpractice
- Defective products
- Premises liability (e.g., slip and falls)
- Workplace injuries
If approved for funding, there are typically no restrictions on how you can use the money, providing you with the flexibility needed during this challenging time.
Eligibility for Pre-Settlement Funding
To qualify for pre-settlement funding in a wrongful death case, you need to have:
- A Valid Claim: You must have retained an attorney and have a valid and ongoing wrongful death claim. This means there should be a legitimate legal case demonstrating that the death resulted from someone else’s negligence.
- Financial Dependence: Funding is typically available to individuals who were financially dependent on the deceased, such as a spouse or child.
We will look at the details of your wrongful death case, the strength of the evidence, and the potential compensation you may receive.
Quick and Easy Application Process
Applying for funding is simple and quick. The online application takes only a few minutes. Once we receive your application, one of our team members will promptly assist you. We will review the details and coordinate with your attorney to evaluate your case. If approved, you could have the funds you need in as little as 24 to 48 hours.
Apply For Pre-settlement Funding for Your Wrongful Death Case
Pre-settlement funding can provide critical financial relief when you are dealing with the emotional and economic fallout of losing a family member. It offers a practical solution for managing your immediate needs without compromising the outcome of your wrongful death case. If you want to learn more about how pre-settlement funding works, contact Mustang Funding today.
