Cash Advances
Help from Los Angeles Personal Injury Lawyers
If you have suffered an injury in an accident, then you already know the expenses that can come up as you try to take care of yourself and set things right. Filing a personal injury claim with the help of an experienced attorney is a good start to demand the compensation that you need to recover, but it might be a while before your case concludes. What do you do about the immediate need to pay bills while you are too injured to work? At that point, you might need to consider getting a cash advance.
At McGee Lerer Ogrin, we proudly help our clients navigate every challenge that can come up during a personal injury claim or lawsuit, including immediate financial challenges. For this reason, we offer to help our client secure pre-settlement cash advances. Let us determine your eligibility and explain the details of cash advances if you are eligible*, so you can start to get your bills back under control.
Want to know more? Call McGee Lerer Ogrin at (310) 231-9717 and ask about cash advances for personal injury clients in Los Angeles.
What is a Cash Advance?
A pre-settlement cash advance is essentially a financial lifeline for plaintiffs in personal injury cases. It provides upfront cash to help cover living expenses, medical bills, or other costs while waiting for the case to settle.
How Do Cash Advances Work?
The typical process for getting a cash advance with the help of McGee Lerer Ogrin includes:
- Application: You, the plaintiff, apply for the advance through a legal funding company that we trust to help our clients. The company evaluates the strength of the case, including the likelihood of a favorable settlement or verdict.
- Approval: If you are deemed eligible based on the merits of your case and possibly your own financial history, the company offers a cash advance. The amount is typically a percentage of the expected settlement, and it may vary based on what bills you need to cover now.
- Repayment: The advance is repaid from the settlement proceeds once the case is resolved. If the plaintiff loses the case, they usually owe nothing, as the funding is non-recourse, but this cannot be guaranteed upfront. Before you sign or agree to anything regarding a cash advance, we will make sure that you fully understand its provisions and what will be expected of you based on the possible outcomes of the personal injury claim we’re handling for you.
Should You Get a Cash Advance? Call Now
Three things to keep in mind when you want to apply for a cash advance related to a personal injury case:
- Costs: Pre-settlement advances often come with fees specific to the cash advance service, so it’s important to understand the terms and how they could affect your potential total recovery.
- Not a loan: A cash advance is not technically a loan, so it won’t impact your credit score or finances as a bank loan would.
- Low-risk for plaintiffs: Since repayment for most cash advance contracts is contingent on winning the case, the financial risk to you could be very low.
Again, McGee Lerer Ogrin is here to help you fully understand the process of applying for a cash advance after an accident and while we are working on your personal injury case. You will always have access to our attorneys who will be more than happy to explain everything and answer any questions as they come up.
Please call (310) 231-9717 now if you are in need of a cash advance and personal injury representation. Our Los Angeles injury attorneys are here to help you, starting with checking your eligibility to get a cash advance.
(* Not every client or potential client will be eligible to apply for a cash advance. Not every cash advance application will be accepted, even for clients who were originally deemed eligible. Cash advance amounts, terms, and conditions will vary.)
Why We're The Team For You
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Four Convenient LocationsWe have 4 offices in Southern California - Los Angeles, Pasadena, Santa Monica & Long Beach
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24/7 AvailabilityWe can be available nights and weekends and come to you at the hospital or at home.
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No Fees Unless We WinIf we are unsuccessful in our efforts to recover your compensation, you owe nothing. Learn more here.
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Individual AttentionWe take the time to understand all the unique factors of your case to achieve the best results.
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Predominately Spanish-Speaking Team
Our bilingual team ensures clear communication and understanding for our Spanish-speaking clients.
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Aggressive Representation, Compassionate Care
We fight relentlessly for your rights while treating you with the respect and care you deserve.
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