Why Should You Get Legal Funding in Dearborn, Michigan?

As it has across much of the United States, the world of personal injury lawsuits has seen one of the largest and most exponential rises in recent memory. While the COVID-19 pandemic certainly slowed things down a tad bit, having left many courts and legal practices with their doors shuttered for a better part of a year – the fact is that we are humans, and negligence is simply a party of our lives at this point. In a place like Dearborn, Michigan, and the state as a whole, we have seen a rise in the number of cases, year over year. From simple slip and falls, car accident claims, medical malpractice and a whole lot more, the fact is that like other businesses, personal injury lawsuits have found a way to go online and make use of the popular video- conferencing application known as Zoom. Once this began, it was essentially off to the races! And with personal injury law having come back, so have the auxiliary services that often go hand in hand with such cases, one of the most popular being the world of legal funding. This has been a godsend, as many clients and prospective plaintiffs, may not have had the financial fortitude to withstand such a case anyway, but with lawsuit loans Dearborn plaintiffs have been able to continue about their business, just as they normally would – with or without a pandemic. According to the team at Express Funding of America, known to provide the best legal funding Dearborn has to offer, when it comes to litigation funding Dearborn is one of the top consumers of the services, and it has provided much-needed help to countless prospective plaintiffs, making the difference between them being able to get justice or not. While legal funding has certainly become more and more popular over the years, and despite being well-known consumers of the service, often, when it comes to lawsuit loans Dearborn citizens who would actually be the best consumers, have no idea this type of service even exists, and often will avoid the lawsuit entirely or take out high interest loans or borrow from friends just to survive. In this article, we will explain the process to individuals in Dearborn and explain how they might go about acquiring such financing.

Take Control of Your Case

All too often, regular everyday citizens fine themselves on the other side of lawsuits – rarely are everyday working-class people the plaintiff in a legal case or claim. However, in an instance when you are struck, and injured or otherwise damaged by a negligent party – there is no reason why you should be at their mercy, both in terms of finances, as well as the legal system as well. All too often, as the victim of an accident. Individuals are certainly entitled to damages, but due to finances, they may not be able to file lawsuits, or survive and pay their everyday bills during the time in which they might be fighting such a case. This system is completely backwards, as it punishes the victim for being injured and damaged, as well as being unable to work and feed their family. Battling a lawsuit without money to support yourself is a dreadful experience. If you are involved in a lawsuit in Michigan, and can no longer cope with bills and other financial commitments, don’t give up and settle for less. In order to get access to the best legal funding Dearborn has to offer, be sure to contact Express Funding today. While it’s often referred to as lawsuit loans Dearborn plaintiffs must be aware that it isn’t exactly a conventional loan with a high interest rate – be sure to stay away from this. When it comes to litigation funding Dearborn plaintiffs are able to get access to a percentage of what is deemed to be the amount you will likely receive as part of a settlement or victory in court. Another term is pre-settlement funding Dearborn experts at Express refer to it this way, because it is given before your settlement, and must be paid back on a non-recourse basis once you win or settle your case. One of the best parts of pre-settlement funding Dearborn residents must understand is that it is non-recourse funding, meaning they don’t have to pay it back, unless they win the case, or agree to some type of a monetary settlement.

Low Risk, Low Rates, & Minimal Fees

One of the biggest issues with filing a personal injury claim is that it takes so long to get to the ending stages, or agree to a settlement – there are possibly millions of dollars on the line, therefore they will take the most time possible to agree. This is bad for plaintiffs who need to pay bills sooner than later. But when it comes to litigation funding Dearborn clients can get access to their funds within 24 hours or their meeting with Express Funding – generally this is about 15 to 20% of what they deem to be your possible settlement number. Unlike other lawsuit loans Dearborn citizens don’t have to pay astronomical interest fees, and rates, and in fact, as far as loans go, legal funding is probably one of the best options when it comes to any type of cash advance or financing options, no matter what industry you might be in. Generally when it comes to pre-settlement funding Dearborn experts at EFA offer non-compounding interest rate cash advances at a very low cost, some of the best in the state of Michigan. For more information, or to find out how you can get legal funding today, be sure to contact Express Funding of America today.