When you have a lawsuit and you are short on money, you may be in need of a lawsuit settlement loan.  A lawsuit settlement loan can give you the breathing room you need to get back on your feet by allowing you to pay bills, buy food, pay your mortgage or rent, etc.

 

For many people a lawsuit settlement loan is the precise solution they are looking for.

 

At MyLegalAdvance.com, we understand what kind of situation you can be in.  We actually started this business after going through the struggles of a lawsuit ourselves.  We know the stress of a lawsuit isn’t only psychological and emotional but also financial.

 

By getting you a lawsuit settlement loan, we can help you with your financial stress, which will in turn help you with your emotional and psychological stress.

 

With a lawsuit settlement loan from MyLegalAdvance.com, the finance charges and interest are lower than any other companies.

 

In fact, we offer the lowest interest rates, there are no credit checks, there are no employment checks, and you can get your funds within 24 hours.  On top of all this, our loans are non-recourse loans, so if you lose your case you don’t owe anything—no interest, no finance charges, nothing!  It’s as if you had no debt.

 

The 3 Easy Steps for getting a lawsuit settlement loan are:

 

1. Call My Legal Advance
2. Fill out a 1-page application
3. Wait for an approval and collect you money!

 

 What are you waiting for?  The longer you wait, the more desperate the situation will get.  Call MyLegalAdvance.com today and get a lawsuit settlement loan now!

 

888-536-1323

 –Jason Argall

If you are in the middle of a lawsuit and you are looking for pre-settlement funding, here are some things you should take into account:

How long until your case settles?

If you don’t expect your case to settle for several years, lawsuit funding may not be right for you. The rates on pre-settlement loans ranges from 1% to 5% per month, compounded. While these rates are very competitive for the industry they are by no means “cheap money”. The interest can add up. If you are going to be using your lawsuit loan to pay off a debt that has a lower interest rate on it, it may be wiser to keep the debt.

What do you need the money for?
There was one man who needed his lawsuit funding to fix his truck that he was using for his tree-trimming business. As long as he didn’t have his truck, he wasn’t making money. And as soon as he got $5000 to fix his truck he was able to make $1500 to $2000 per week again. For him, taking the cash advance was the right decision.

Can you get cheaper money elsewhere?

If you can get money at lower rates elsewhere, then this MAY be the right thing to do. However, if you take money out of your mortgage or off of credit cards remember that no matter what happens you are going to owe that money back! With a lawsuit cash advance, if you lose your case and never get a settlement then you don’t owe anything! That’s why it’s called a non-recourse loan.

In conclusion, when you’re considering pre-settlement lawsuit funding, you shouldn’t just look at one factor. Everybody’s situation is different and you will usually have to make the decision after weighing several options. But, remember, every decision in life always comes down to one thing, enhancing you survival. So that’s the question you should ask yourself, “Will this lawsuit pre-settlement funding enhance my survival?”

To get get your lawsuit cash advance call 1-888-536-1323 or go to click here for a lawsuit loan.

This is a question we get pretty often here at My Legal Advance. The truth is that there are more and more mesothelioma cases every day–more and more families are discovering the harmful effects of their environment. And, most of the time, if you have a mesothelioma case, you’ve spent quite some time (and money!) in the hospital or treatment centers trying to handle your problem.

Well, the good news is that mesothelioma cases are fairly cut and dry–you’ve either got a case that a lawyer is willing to represent you on or you don’t. The funding process is the same. If you already have a lawyer representing you, there’s a high likelihood that you will be approved for funding (especially if your lawyer has accepted you on contingency payment).

The usual funding amount for a cash advance loan is 10% of your expected settlement. Of course, this is the usual approval amount only, and you never have to take all that you’re approved for. If you’re approved for a $100,000 loan (and mesothelioma approvals average fairly high), you can simply take $1000 of it if you wish ($1000 is the minimum settlement loan). You can also arrange a monthly or weekly plan where you can get the money as you need it, i.e. $4000 per month. The point is that your funding options are flexible.

The rates on a mesothelioma case loan will range from 1% to 4% depending on how far your case has come along in the process. For example, if the defendant has accepted liability there is a higher likelihood the case will settle and there is therefore less risk for the funding company (since you don’t owe anything if you lose your case, the funding company has to cover its risk).

– Jason Argall

One of the situations we encounter here at My Legal Advance is people with settled cases. Sometimes they may need money in order to even get the money. For example, if they need to pay certain people for filing paperwork or doing other administrative tasks. This is actually somewhat common.

The good thing to know is that if your case is already settled but you are waiting for the settlement to come in, there is over a 90% chance that you will be able to get a cash advance on your settlement.

The other good thing to know is that the interest rates on settled cases are usually as low as it gets. So you can see rates at about 1%. And of course . . . as usual, if the gods above somehow made a mistake in their Divine plans and your “settled case” never actually settles, you don’t anything. Yeah, thank goodness.

So, remember, if you have a lawsuit–settled or not–a lawsuit cash advance is the way to go! It’s a high-risk loan (for us) but a low-risk option for you!

Happy Sunday,

–Jason Argall

I’d like to wish all of our customers and associates a Merry Christmas!  Over the last 6 weeks, we helped a lot of families with their finances so they could have a good Christmas.  Sometimes it’s tough and people need a little help.  We at My Legal Advance were happy to be here to help.

 Merry Christmas!

–Jason Argall

The truth is that your lawyer may or may not even know that lawsuit settlement loans are an option.

Most have heard about it and regularly refer their clients to whatever company they have worked with successfully in the past.

Actually, even though we get many clients from online marketing, word-of-mouth and other means, we still get about 50% to 60% of our business from lawyers and paralegals referring us clients.  They have simply come to realize that we offer superior service and that our rates are consistently lower than any of our competitors.  Because of this, they know it would be a disservice to their clients to send them elsewhere.

 There are other lawyers who recognize the need of lawsuit settlement loans and who simply advise that their client “find their own company”.  There are a few down-sides to this:

1. The lawfirm could get bombarded by paperwork requests if the plaintiff applies to multiple companies.
2. There are many lawsuit advance companies out there that are so disorganized it could end up taking weeks to get an advance (right now, we are averaging 3-day approval times).
3. There are companies out there that charge incredibly high interest rates.  For example, one majoy company which I won’t name recently changed it’s rate plan.  It now charges 60% FLAT if the case settles at any time in the first six months (and another 60% for each six-month period after that).  That, my friend, is what you call robbery!

The last circumstance we often encounter with lawyers is the lawyer who is recalcitrant and refuses to let his client get a lawsuit settlement loan.  This one is the most entertaining to me.  When I encounter this, I politely ask the lawyer what he has heard or what he has against lawsuit settlement loans.  Some of the false data I hear is this:

1. “The lawsuit settlement loan will interfere with my client’s case.”  This is a false idea, and it’s just a manifestation of the lawyer being careful–and you can’t blame him/her because his/her job to protect you!  But the truth is that the whole process is confidential and nobody else other than your lawyer and the funding company will know it was done.  We have even signed agreements to reassure the lawyer that nothing detrimental will happen as a result of the cash advance.
2. “You guys will rip off my client.” As I’ve described above, some companies charge very high interest rates and are practically a scam.  It’s a shame that every industry has its bad apples that create a bad reputation for the rest of us.  But the truth is that nothing is final until you and your lawyer sign the funding contract.  Before you sign it, you will be able to review all the terms with your lawyer and see that our rates really are fair–they’re consistently 40% lower than competitive offers.
3. “It’s too much paperwork.” I hear this when a plaintiff has applied to 4-5 lawsuit settlement loan companies and the lawfirm has gotten faxes and phone calls from all of them requesting the same thing.  For this, I simply explain to the lawyer that I’ll be faxing only one page and that the entire process actually requires very little paperwork.
4. The last situation I encounter is the lawyer who is unwilling to help his client and unwilling to speak to me.  You may surprised how some lawfirms treat people.  I’ve been hung up on.  I ‘ve called my client to tell them, only to have the client say that they’ve been hung up on as well.  As I mentioned above, every industry has its bad apples.  If you need a lawsuit settlement loan for your SURVIVAL and your lawyer is preventing you from doing that, you need to look at what course of action is the most survival, while realizing who works for who (clue: you don’t work for your lawyer).  Sometimes, I’ve had plaintiffs handle their lawyers who were recalcitrant.  If the plaintiff was unsuccessful in handling his lawyer, I’ve had many go find new representation that is ready to help them survive.  Listen: lawyers often come from a different lifestyle and sometimes they don’t understand what financial problems can feel like.  This doesn’t give them permission to hold you back from doing something you need to do for survival, does it?

Those are most of the situations I encounter with lawyers.  It’s very rare that there’s any problem.  98% of lawyers are more than happy to help their clients.  But even most of the 2% who aren’t are able to be handled!

 – Jason Argall