Sexual Abuse Lawsuit Funding Company Helping Ease the Financial Burden of Victims
It takes courage for victims of sexual abuse to come forward and hold their abuser responsible. However, the process of a sexual abuse lawsuit is nothing but simple. The emotional trauma and sometimes physical injuries resulting from the sexual abuse can sometimes make it hard for a victim to maintain a steady income and make ends meet while their case is pending. That is when a settlement funding agreement can help.
How Does Lawsuit Funding Work for Sexual Abuse Cases?
Settlement funding is a financial tool that allows you to receive a cash advance that corresponds to a percentage of the total payout amount you are expected to receive for your lawsuit. Because sexual abuse cases can often take a long time to resolve, it becomes hard for victims to stay afloat financially while waiting for their case to settle.
With a settlement funding agreement, you can tap into cash that is technically already yours without having to wait months, sometimes years to receive your first settlement check. Universal Funds can estimate your final payout amount and offer you a portion of that in the form of a cash advance that lands in your bank account as soon as the next business day.
Can I Apply for Settlement Funding Even if My Credit Is Bad?
What sets a settlement funding agreement apart from a traditional loan is that your personal information (such as income, credit score, debts, etc) is not a deciding factor when you apply. Whether you have bad credit, no credit, steady income, no income, or are struggling with debt, all that matters is that you have an ongoing case in court and that your case is most likely to settle in your favor.
The details of your lawsuit, the projected final settlement amount, and your odds of winning are just a few of the factors that we consider before making you a settlement funding offer. We understand a lawsuit of this nature may put you in a difficult position financially, and it is our goal to provide a path to ease that burden and give you the leverage you need to negotiate a fair settlement for your case.
What Happens if I End up Losing My Case?
Another factor that sets apart a traditional loan from a settlement funding arrangement is that your assets are not used as collateral and no repayment is needed until you win your case. No need to put your assets on the line and risk losing your vehicle, your savings, or even your home to repay your loan. It’s your money to use as you see fit without worrying about making monthly payments.
What is also important for you to know is that while our team of experts will try to conduct an assessment on your case to estimate your odds of winning and your settlement amount, the justice system is complex and things don’t always go the way you planned. If the unexpected happens and you end up not winning your case, you get to keep your money — no need to pay Universal Funds a single dime. The risk is all on us.
Should I Tell My Lawyer I Am Considering Settlement Funding for My Sexual Abuse Lawsuit?
We always recommend consulting your attorney if you are planning on applying for settlement funding while your sexual abuse case is pending. Your attorney may be instrumental in helping you understand what to expect, and will also be necessary for Universal Funds to obtain information about your case.
We work together with your attorney to take care of some paperwork and get details about your case, and since he or she is working with your best interests in mind, it is important to keep them informed of your plans. If you would like to know whether settlement funding is right for your case, talk to your attorney, then reach out to our experts at (484) 924-9323 and we will be happy to help!