When mediating a settlement or facing trial over an injury that was done to you by someone else's negligence or deliberate act, the most excruciating experience can simply be the wait. Complex personal injury, auto accident, premises liability, construction injury and - especially - medical malpractice lawsuits can take months or even years to be decided. Meanwhile, your medical bills are stacking up and your injuries may render you unable to work, forcing you and your family in to debt in order to simply cover day-to-day expenses.
That's why lawsuit funding has become such a popular and effective option. If approved, you can get money you need to keep you and your family afloat financially until you're able to land a settlement that gives you fair compensation for your injuries and losses. But even after a settlement is handed down or agreed upon, the wait may continue. Here's why:
Meanwhile, you remain responsible for bills and fees that you may be unable to pay without upfront lawsuit settlement funding. That's where Black Diamond Funding comes in. We can help land you the money you need to continue life as you know it while your case plays out in court or at the mediation table. If you're looking at a lengthy wait for fair compensation for your injuries and losses, call 844-352-2274 to speak with a Black Diamond Funding specialist today.
When you or your dependent suffer a serious injury caused by someone else's negligence or deliberate action, such as in a car crash, a fall, a physical assault or a construction accident, understand that the injury itself is only the beginning of your potential troubles. Emergency medical treatment, ongoing medication and therapy, loss of income from being unable to work can take a toll on your finances. And you can bet that insurance companies and attorneys representing the at-fault party in your personal injury case won't help. In fact, the go-to tactic is to initially deny your claim, then to drag out negotiations until you're so cash-strapped that you're willing to accept whatever's currently on the table. In most cases, that's a significantly devalued offer.
So how do you hold out for the settlement deal you deserve while avoiding placing your family in financial ruin? Your best bet may be pre-settlement lawsuit funding via a reputable firm like Plantation, Florida' Black Diamond Funding. We offer a workable solution that allows you to get upfront cash that you can use for to continue covering your bills and household expenses, plus your recovery costs, while your case plays out in court or mediation. When your case is finally settled and the repayment requirements of your funding agreement are fulfilled, you'll take home any remainder.
Of course, not everyone will qualify for pre-suit funding. As with any type of advancement, there are pre-qualification requirements. First, a plaintiff must have an experienced attorney. In approving your lawsuit funding request, Black Diamond Funding essentially is investing in your case, so it's to your benefit and ours that a professional and proven attorney handles your case. Note, however, that information typically required for conventional bank loans, including your employment status and credit rating, won't be considered. Instead, our decision is based solely on the strength of your case. Also, understand that the type and age of your case plays into the decision to grant or deny your request.
Once your request for pre-settlement funding is approved, you could have your upfront funds deposited directly into your bank account within hours, or dropped in the mail to you the same day. This money can be used for any needed purpose, including keeping up with mortgage, car and utilities payments while you're out of work and recovering, and paying medical bills - something that many try to cover by racking up credit card debt or even filing bankruptcy. It can prove your saving grace while your lawsuit works its way through the legal system - a process that can take months or even years depending upon the complexities of your case.
If you or your family are facing a potentially contentious personal injury legal case and need help keeping afloat financially, contact Black Diamond Funding at 844-352-2274 or request a quote on our website.
ike any financial lending or funding institution, Black Diamond Funding has policies and protocols in place to protect is business interests and, thereby, its clients' interests as well. That's why we sometimes have to decline initial requests for lawsuit funding.
We know that waiting for settlements while you struggle to pay bills and recover from devastating auto accident, fall or medical malpractice injuries is difficult, and we're dedicated to helping client plaintiffs and attorneys in these tough situations. So, to help you best prepare for your filing your application for lawsuit or pre-settlement funding, we've listed the most common reasons for denials:
Many attorneys give their clients the same, honorable guarantee - that they won't owe a dime unless and until they receive an award or settlement. While it's widely considered the right thing to do, it's also the risky thing to do.
That guarantee can mean you'll go months without payment, leaving you to pull from your company's or your personal funds for day-to-day costs and case-related expenses. That's a significant financial liability when you consider that high-stakes cases involving personal injury, medical malpractice or wrongful death can drag on for months or even years. If yours happens to be a smaller firm that lacks the financial resources larger, big-name firms enjoy, the risk is even greater.
For those representing the neediest of clients, giving a no-pay-unless-you-win guarantee is the only available choice. If a client's financial situation is tenuous, your generous offer and hard work may be his best chance for justice and to be made financially whole again.
To protect both your client and your firm from financial ruin, consider a lawsuit advance by Black Diamond Funding. We help you better help your clients by providing the funds you need to keep your firm in the black and deliver a solid legal case. Knowing that your cash flow is secure, you'll be able to hold out longer, boosting your chances of landing the largest possible settlement that your client deserves. No more settling quickly for less than you know you could get for your client simply because you've got bills to be paid, too.
Not only is your bottom line protected, but your reputation as a solid, dedicated attorney who wins big for clients grows. It's a win-win for both your client and your firm. And it's an easy, four-step process to secure your lawsuit advance. Find out more by calling Black Diamond Funding at 844-352-2274
A structured settlement is a type of settlement (be it from an personal injury lawsuit, worker’s compensation claim, lottery win or other similar event) that, rather than paying money in a lump sum, pays a certain amount of money each month or year until the entire balance is paid. In some situations, this is fine. However, there are many reasons why you may prefer to get your payment in a lump sum instead of waiting months or years to have it paid off in full. Consider these reasons why it may make sense to sell your structured settlement and get the cash you need today.
It's unfortunate, but once a structured settlement is complete you often can’t change the terms themselves. Allow Black Diamond Funding to help you get the money you need NOW. Contact us at 844-352-2274 today and let us help.
When you or a loved one suffers losses at the hands of another, you could wait years as your personal injury case plays out in court. Trouble is, your losses hit in the here and now. Medical costs won't wait. Nor will your bills and normal household expenditures. Black Diamond Funding can help.
Based in Plantation, Florida, Black Diamond Funding is a lawsuit sending company that provides victims the funds they need to live and better enjoy their lives as they wait for court awards or settlements. Our lending experts have extensive experience in accurately projecting settlement values, determining case timelines, assessing repayment capabilities, bidding for lending projects and negotiating structured settlement transfers. In most cases, we can provide our clients cash within hours of approval and receipt of a signed agreement.
We assist plaintiffs and attorneys involved in personal injury, auto accident, slip & fall, construction and medical malpractice cases. Of course, every case is different and there is much to learn about the ins and outs of lawsuit lending. That's why we've launched the Black Diamond Funding blog. Visit often to find out just how we can help.
In the meantime, if you're an attorney or plaintiff seeking a lawsuit advance, contact us at 844-352-2274 or via our online email or instant chat forms.