It can take a long time for victims to pay off their living expenses and bills due to an injury while waiting for a pending legal case to settle. Sometimes, physical assistance is required to help them with the daily activities they are no longer able to do independently. If the injury is debilitating, the victim may no longer be able to work.
Your finances can undergo a lot of stress, even if you are confident that you will receive a settlement. Our pre-settlement funding in San Diego, CA can help you get the cash you need quickly, so you can pay your bills and get back to a sense of normalcy.
How Does Legal Funding in San Diego, CA Work?
You can quickly obtain financial assistance through The Legal Funding Group. Our process is both seamless and hassle-free for you and your lawyer.
Our entire legal funding process is as follows:
You can call us at (912) 777-3997 or fill out an application online. Initially, we require a basic outline of your case and your lawyer’s contact information. Once we have these details, we won’t need anything else from you for this step.
2. Case Review
With your permission, we will first contact your law firm to get more details about your case. Based on your case type, our underwriters will request specific information from your lawyer. If your lawsuit is a general personal injury claim with a small settlement, we will only ask for simple, straightforward information about the case.
3. Receiving Your Cash
After your legal loan has been approved through The Legal Funding Group, you can receive your money in a few different ways. A check can be overnighted to you so it can be deposited into your bank account the next day, we can send you a cashier’s check, or we can directly deposit the check electronically into your checking account. Since our loan options are easy and quick, your funds may be available to you in 1 day or less after they have been approved.
The speed at which you receive your legal funding depends on how quickly your law firm sends us the information we need to review your lawsuit. Once your lawyer has sent us the legal funding documents, your cash will be sent to you in under a day.
Qualifying for Legal Funding in San Diego, CA
To qualify for a lawsuit loan in San Diego, CA, the following three factors will be taken into consideration:
- Your lawyer’s cooperation
- Your case’s value
- What stage your case is in (i.e., how long your attorney has been working on your case)
Pre-Settlement Funding in San Diego, CA – Our case managers evaluate every application on a case-by-case basis. You may be able to qualify in 2 minutes or less.
Defendants and their attorneys typically force injured plaintiffs to settle for much less than their cases are worth. The Legal Funding Group believes this is wrong. We want you to have enough funds to pay your bills and keep you afloat while you wait for your case to settle for the amount you deserve.
Every Case Is Different – Your attorney will provide our case managers with the documentation they need to review your case. This is done efficiently and quickly, as our expertly trained underwriters have years of experience working with various cases. The more valuable your case is, the more settlement money you will qualify for. Your funds will be sent to you in as little as 24 hours after they have been approved.
Your Attorney Works with Us – We can only offer you a lawsuit loan in San Diego after all of the documentation about your personal injury case has been reviewed by our case managers. If your attorney cooperates with our case managers promptly, we’ll be able to send your settlement loan check to you right away!
Attorney Funding in San Diego, CA
Attorneys typically request funding if their firm needs financial assistance while representing plaintiffs in various court cases. Legal experts specifically developed this type of financing to assist clients and attorneys fiscally during their court proceedings. Contingency fee attorneys, who depend on their cases either concluding or settling, have various customized funding options to choose from. The funding can be tailored to suit an attorney’s budget, case, or time restraints. When an attorney requests financial assistance through The Legal Funding Group, they will have more time to prepare successful cases for their clients, in addition to helping their firms grow.
Attorney funding in San Diego, CA helps lawyers get the money they need to help them present strong legal arguments in court. This includes obtaining expert witnesses and research studies and covering other expenses to win their client’s case.
Developing Your Legal Firm and Practice – A law firm can only acquire new clientele if they implement successful marketing plans with adequate funding. We can provide attorneys with the financing they need to increase their firm’s overall reach.
Increased Cash Flow and Enhanced Operating Capital – Today’s competitive legal market requires large sums of money to run a law firm effectively. If an attorney has to pay litigation costs out of pocket, is forced to delay payments due to a lack of sufficient funds, or is faced with protracted cases, it can be difficult for a law firm to succeed. Funding through The Legal Funding Group allows lawyers to establish a safety net that can be used for various expenses, monetize illiquid assets, and produce working capital.
Personal Injury Lawsuits We Fund
Legal firms, as well as victims of personal injury cases, can get the legal funding they need from The Legal Funding Group to cover various expenses related to the following cases:
- Work Accidents
- Medical Malpractice
- Truck Accidents
- Dog Bites
- Nursing Home Abuse
- Car Accidents
- Product Liability
- Dangerous Drugs
- Premises Liability
Important Legal Information for San Diego
Statute of Limitations: Depending on the type of claim a plaintiff has, there is a small window of opportunity for them to file a lawsuit. Statutes of limitations for several common legal disputes include:
- Personal Injuries – The statute of limitations for a personal injury is two years from the injury date. If the injury wasn’t discovered right away, the statute of limitations is a year from the date of discovery.
- Written Contract Breach – The statute of limitations for written contract breaches is four years from the date the contract was broken.
- Oral Contract Breaches – The statute of limitations for oral contract breaches is two years since the contract was broken.
- Property Damage – The statute of limitations for property damage is three years from the date of the damage.
- Government Agency Claims – The statute of limitations for government agency claims is six months from the incident date. In some cases, it can be a year from the date of the incident. Your lawsuit can be filed in court even if the claim is denied, but there are strict limits on when.
Negligence Laws: Pure comparative negligence, as adopted by Li v. Yellow Cab Co., 532 P.2d 1226 (1975), states that injured parties can still seek damages even if the accident was 99% their fault.
Damage Limits and Caps: In California, non-economic damage caps may only apply to medical malpractice lawsuits. For example, if a medical error occurred, $250,000 is the maximum amount of non-economic damages you can recover in your personal injury case.
Minimum Liability Coverage: Drivers in California are required to carry several types of auto insurance coverage:
- Liability Coverage for Bodily Injuries: A minimum of $30,000 per accident and $15,000 per person
- Liability Coverage for Property Damage: A minimum of $5,000
- Bodily Injury Coverage for Uninsured Motorist: A minimum of $30,000 per accident and $15,000 per person
- Property Damage Coverage for Uninsured Motorist: A minimum of $3,500
Apply for Legal Funding in San Diego, CA
The Legal Funding Group provides victims with the funding they need to help them achieve the rightful outcome they deserve. When you choose us, you can focus more on your recovery and bills and spend less time feeling overwhelmed about financials.
Contact us today to learn more about getting a lawsuit loan in San Diego, CA.