Automobile Accident Pre Settlement Funding

Pre settlement lawsuit funding for an automobile accident is the most common type of funding within the marketplace. The obvious reason is that there are more automobile accidents reported each day than any other type of personal injury case. Automobile accidents occur almost once every seven seconds. When a person decides to seek legal representation from an attorney to help win compensation from their case they immediately become the plaintiff. The person whom caused the accident and is liable for injuries and damages resulting from the auto accident becomes the defendant.

The defendant is oftentimes represented by an insurance company which will try to negotiate a deal prior to the plaintiff hiring representation. At the time a person hires legal representation they can immediately apply for pre settlement funding. Pre settlement funding for an automobile accident also happens to be a favorite among lawsuit funding companies. The reason is that the cases are much safer for the lender because most of the times liability has been established.

When a person has been injured in an automobile accident and has the representation of a lawyer they may qualify for a pre settlement funding against their current lawsuit.

Prior to a pre settlement funding company providing you with an advance they may have several questions for you and your attorney before processing your application:

• How much pre settlement funding are you seeking?
• What is the strength of the case?
• How much compensation are you seeking and what type of injuries have occurred?
• Copies of an incident report or police reports?
• Do you have medical reports?
• Are you seeking ongoing medical treatment for your injuries?
  

Pre settlement funding companies evaluate each case on a per case basis. They will evaluate the strength and net worth of the overall case. If an automobile accident is more severe causing catastrophic injury the case amount may be higher. If the there was little too no injury at the time of the auto accident the case amount may be lower.

While LawLeaf provides an extensive list of personal injury related funding services to consumers, generally pre settlement funding for automobile accidents have a higher approval process. If you are currently seeking pre settlement funding for an automobile accident begin by applying online with LawLeaf. LawLeaf is a direct service provide connecting our clients with the right financial lenders willing to compete for your business.

For additional information on automobile accident lawsuit funding visit LawLeaf today.