Losing someone you love is the hardest thing many of us will ever face. It’s even worse when their death was caused by someone else’s negligence or thoughtless behavior. You are suddenly left with a hole in your heart and a lot of anger and questions.
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During this difficult time, you might find yourself in the middle of a legal battle, trying to get justice for your loved one. Since the wheels of justice turn slowly, this can be a long, hard road until you receive financial compensation. This is where we come in. At Pinnacle Legal Funding, we offer wrongful death lawsuit funding to take care of your financial needs while a settlement or verdict is still pending.
We know that no amount of money can bring back the loved one you lost to a wrongful death. But we also know that financial stress can compound your emotional struggles further. Allow us to help you get through this, with the funds you need to pursue justice and maximum compensation instead of being forced to accept a lowball settlement.
What Is Wrongful Death Legal Funding?
Also known as pre-settlement funding, litigation financing, or personal injury lawsuit loans, it’s a type of cash advance – so, it is not really a conventional loan. It is a non-recourse loan, which means if you don’t win a wrongful death settlement or verdict, you don’t have to pay it back.
In case of wrongful death lawsuits, it often takes a longer time to prove liability because the victim is no longer there to testify. Therefore, wrongful death legal funding or lawsuit cash advances can help you pay the following bills:
- Memorial, burial, cremation, or funeral costs
- Final remaining medical bills of the deceased
- Your daily living costs (rent, utilities, groceries)
- Court and attorney fees
- Childcare and school fees
- Settling existing debts
- Therapy and counseling services
- Costs related to loss of companionship or consortium
- Any other expenses you might choose to make
Our team at Pinnacle Legal Funding will promptly review your wrongful death case in order to provide you the legal funding as soon as possible. The financial support makes it easier for you to carry on with your life while your legal team focuses on holding the at-fault parties accountable for maximum financial damages.
Do You Qualify for Wrongful Death Lawsuit Funding?
A key factor in determining whether you are eligible for a lawsuit advance is to have a personal injury attorney representing you, who must have officially filed a lawsuit in court on your behalf.
This means you have formally hired a lawyer, and they have started the legal proceedings on your behalf. This lawsuit funding is created for situations where the wrongful death case is in motion and the plaintiff is actively seeking justice through the legal system.
Having a wrongful death attorney on your side generally indicates that your case is well-structured and has a reasonable chance of succeeding. This significantly reduces the risk for the legal funding company. On that note, another qualifying factor is that your wrongful death claim needs to be strong. Your lawyer must be able to present clear evidence that the death was a direct result of someone’s actions (or lack thereof).
For example, in a car accident case, there might be police reports, witness statements, or video footage that plainly show the other driver was intoxicated or recklessly speeding. In a medical malpractice situation, there could be medical records that highlight negligence (like a wrong diagnosis or incorrect surgery) by a healthcare provider. If it was a construction accident, the evidence could be that the general contractor or subcontractor failed to maintain a safe environment, violated OSHA regulations, or ignored hazards that they knew about just to protect their bottom line.
Whatever the case is, it should be backed by a fair amount of evidence that can stand up in court. It will show the wrongful death funding companies that you have a good chance of winning.
Another eligibility factor is that you must be a valid claimant in the eyes of the law to pursue a wrongful death case and seek a wrongful death lawsuit loan. In general, you must have one of the following relationships with the decedent:
- Spouse
- Children
- Parents
- Legal guardian (you were taking care of the deceased)
- Estate representative (you were handling their legal matters)
How Much Can You Get as Wrongful Death Litigation Funding?
There are no specific limits to pre-settlement funding, but the lawsuit loan amount really depends on the specific circumstances of your wrongful death claim. At Pinnacle Legal Funding, we evaluate every application to understand how high the probability is for that case to win, and that helps us assign a value to that case. Some of the common factors we look at include:
- How apparent it is that the other party was at fault
- What type of evidence you have, like witness statements or reports
- How much loss you have suffered, both financial and emotional
- Whether the defendant is an individual or a company or there are multiple defendants
Based on what we find, we will estimate how much compensation you might finally receive in the wrongful death case. Then, we offer you a part of that amount as a cash advance. Generally speaking, this is about 10% to 20% of the expected settlement amount. For instance, if we determine that your wrongful death settlement might be around $500,000, you could get a loan between $50,000 and $100,000.
That said, every case is different. To find out exactly how much legal funding you can get, the best thing to do is to apply directly and let our team quickly evaluate your case and approve your desired loan amount.
Why Choose Pinnacle Legal Funding
Traditional loan providers don’t make it easy to get the money you need, when you need it. They usually have a lot of rules and fine print that make it even harder to pay the money back. But we do things differently here at Pinnacle Legal Funding.
Quick assistance
You don’t have to jump through any legal hoops to get the funds because we work promptly. Once your application is approved, we will aim to send the money to your bank account within 24 hours. It’s all about giving you the support you need, right when you need it.
No credit history checks
We don’t need to see your pay stubs, proof of employment, or credit score to accept your application. Since this cash advance is against your pending lawsuit, it has nothing to do with your past or present financial status.
No risk, only relief
Our wrongful death pre-settlement funding comes with virtually no risks, unlike traditional loans. You don’t have to provide any collateral, and there are absolutely no hidden charges. The best part? If you don’t win your case, you do not have to pay us back.
Fair, transparent terms
When you work with Pinnacle Legal Funding, you know exactly what you are getting into from the very beginning. No complicated terms, no confusing language. Just competitive interest rates and a straightforward agreement that works in your favor.
Nationwide service
No matter where you are in the U.S. and where your case is filed, we have got you covered. We offer our services in 39 states; lawsuit funding is not legal as of yet in Arizona, Arkansas, Colorado, Illinois, Indiana, Maryland, Minnesota, Nevada, South Carolina, Tennessee, and West Virginia.
Apply for a Wrongful Death Lawsuit Cash Advance Today
When bills start stacking up because you have lost the income your loved one used to bring in, it’s very easy to feel pressured to settle for a low payout – that is what the other party’s insurance company is counting on. Don’t let them prevail. We are here to help you tip the scales of justice in your favor with expedited access to financial relief you need at this critical time.
All you need to do is fill out our free application online, give us 24-48 hours to evaluate it. It may take another 24 hours to transfer the money into your bank account once approved. If you have questions or concerns about how wrongful death lawsuit loans work, feel free to call us at 1-877-4-FUNDING or contact us online.