With plethora of legal funding companies operating online and ready to offer lawsuit loans under different categories, the people are now bombarded with many choices of legal finance options. This makes them highly confused on how to take a decision that which lawsuit funding firm would be better for them both in terms of interest rates and repayment options.
However, before you proceed further to check the attributes of lawsuit settlement loans’ company or firm, you as a plaintiff need to check your eligibility for the same. Despite the fact that lawsuit settlement funding is offered for various types of commercial and accident cases, they have their own set of restrictions. There is long list of cases which are covered under these types of loans, yet we’ll just have a broad overview of them. While going through, you will get to know whether you are eligible for a pre-settlement loan or not.
List of few eligibility cases
- Personal injury cases
- Pharmaceutical cases
- Breach of contract cases
- Commercial litigation cases
- Sexual harassment cases
- Stock arbitration cases
- Dog or cat bite cases
- Construction accident cases
- Funding of surgery cases
- Structured settlements
- Tractor or truck accidents
- Civil Rights cases
- Life Insurance cases
- Police brutality cases
- Wrongful imprisonment cases
- Negligence cases of all sorts
- Medical or doctor cases
- Legal malpractices cases
- Labor law cases
While this is only a broad list and includes maximum types of cases that make plaintiffs eligible for settlement loans, this is no way an exhaustive one. So, if you do not find your case listed here you need to check with your loan provider company. One last thing, don’t forget to discuss on interest rates and talk about any extra charges if there are any.
