No Cash For Structured Settlement? Get a Loan!

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structured settlement

Unfortunately, every now and then, people get hurt or killed in an accident. In fact, the U.S National Highway Administration shows that over 3 million gets injured and 40,000 causalities take place each year. Furthermore, conferring to the Justice department, merely 5% claims of these accidents see a trial. That’s because the majority goes for structured settlements.

What is a structured settlement?

A settlement is a financial recovery offer that is agreed with the victim of a personal injury claim. It is a payment for the fatalities and costs that are either financial or physical. Similarly, there is an additional payment for the pain that the casualty has gone through. In cases of unlawful death claims, the family members of the fatality are authorized to receive payment for the burial and for the shock that they faced.


There are two categories of settlement cash that you should think through: These are pre-settlement & post-settlement.

Pre-settlement is a loan that you get if you file a lawsuit. It is provided for and before the final verdict (result) of the case. It may take months or ages for the acquisition to be fixed in your favor. In the time being, you will be able to cope with your financial costs for the process. After your case winning, you can pay the loan from your settlement.

On the other hand, post-settlement refers to receiving your settlement money after winning a case. This usually takes quite a while.

How To Finance Your Case

When you get the initial sign of trouble, like when you get hurt at work or on the road, go to a hospital and call your lawyer. After that, he will accurately guide you to apply for a credit in one of the settlement financing corporations.

You will be requested to fill a form out for them and then:

  1. They will thoroughly review your conditions,
  2. Determine the chance of a positive outcome, &
  3. Propose loan options to you in a view of that.


Usually, these businesses will charge you with 15-20% of interest.

And ultimately, always ask an expert before applying for a loan. And if you do, don’t fail to recall what Thomas Fuller said, “Responsibility is the most awful poverty”.

Article by: Thomas Edward

Total Score

40,000 Deaths
5% of these cases ever go to Trial

3 Million Injuries!

3 million injuries and 40,000 deaths occur every year. Moreover, according to the Justice department, only 5% of these cases ever go to trial and a clear absolute majority goes for settlements.
  1. And from an investment standpoint, a structured settlement might
    not make the most sense for everybody.

  2. Mose

    June 18, 2015 at 2:15 pm

    Hello! I just would like to give an enormous thumbs up for the good information you might have here on this post.

  3. ChinaELipinsky

    July 15, 2015 at 1:33 pm

    amazing piece of writing! thx

  4. DallasTVanhaitsma

    July 19, 2015 at 7:33 pm

    Marvelous posting!

  5. Brian Towles

    August 2, 2015 at 12:19 pm

    A Michigan court recently held invalid a lawsuit funding contract where the defendant’s liability had been established, holding that as the plaintiff was certain to recover some amount of money the funding company’s advance was no longer contingent, and thus that the plaintiff only had to repay the principal (without interest) under Michigan’s usury laws.

  6. Antonio {

    August 3, 2015 at 2:24 pm

    Not every car accident will result in litigation. Where nobody is injured or injuries are minor, it may be possible to resolve all claims for medical care and property damage directly with the drivers’ car insurance companies. The greater the damage or injury that results from a car accident, the more likely it is that a lawsuit will follow.

  7. Henneman

    August 4, 2015 at 7:58 pm

    While other states may draw different conclusions from similar facts, it remains necessary that the amount be in some manner contingent – otherwise, it is a high interest loan.

  8. Jere Probst

    August 5, 2015 at 3:36 pm

    A response to the first argument is that if it is acceptable for an attorney to profit from an injured person’s case, why should it not be permissible for a finance company? A response to the second argument is that had the woman not received the funding, she may have been forced to settle the case for far less than its value.

  9. Darryl

    August 6, 2015 at 5:15 pm

    The most common cause of car accidents is driver error. Common errors which contribute to accidents include failure to yield the right of way, following too closely, driving at excessive speeds, unsafe passing, and disregard of traffic control devices.

  10. Brant

    August 7, 2015 at 1:16 pm

    Many people hit their heads, or suffer brain injuries in automobile accidents, and don’t realize that they are injured — it is best to be safe, by reporting your symptoms so that the doctor can rule out the possibility of a concussion or brain injury.

  11. Earl

    August 8, 2015 at 3:28 pm

    Sometimes, bad weather conditions will contribute to an accident by interfering with visibility, diminishing traction on the road surface, or otherwise making it more difficult to drive a car. A driver should take the effects of the weather, such as strong cross-winds or slippery roads, into consideration when driving. Sometimes the weather will cause an unexpected hazard, such as black ice or flash flooding, which may not be detected by a driver until it is too late to avoid the hazard.

  12. Sterling

    August 9, 2015 at 6:24 pm

    When the driver’s attention becomes diverted from the road, the chances of an accident increase. Distractions may occur from outside of the car, such as when something at the side of the road draws a driver’s attention.

  13. Derrick

    August 10, 2015 at 3:51 pm

    Sometimes the injuries suffered in an accident will be made worse by a design or manufacturing defect with a vehicle, such as a design defect which makes an SUV more susceptible to rolling over in an accident or a gas tank more likely to ignite in a collision, or a manufacturing defect which causes a seatbelt to fail or an airbag to deploy improperly.

  14. Granata

    August 11, 2015 at 2:22 pm

    Most automobile accident litigation involves two vehicles, with a driver or passenger from the first vehicle claiming that the driver of the second vehicle caused the accident through negligent driving. Sometimes the litigation will involve the driver and passenger of a single vehicle, with the passenger claiming injury as a result of the driver’s negligence.

  15. Parker Wiggin

    August 12, 2015 at 1:32 pm

    Distractions also occur inside cars, such as where the driver attempts to read or put on makeup while driving, change CD’s in the CD player, dials a cellular phone, or attempts to parent an upset or unruly child.


      August 25, 2015 at 5:00 pm

      Texting and driving is very common among young drivers.

  16. Centini

    August 13, 2015 at 11:17 am

    At times, litigation will be against a governmental agency which is alleged to have failed to properly design or maintain a roadway or intersection. Car accident litigation may also include a product liability claim against the manufacturer of a vehicle or part of a vehicle, alleging a design or manufacturing defect which contributed to the accident.

  17. James Rocha

    August 14, 2015 at 10:57 pm

    Special issues can arise in automobile litigation which make it more difficult to litigate a car accident claim, which make additional parties potentially liable for injuries, or which must be considered during the course of litigating a case.

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