5 Advantages of Using Slip and Fall Lawsuit Funding

5 Advantages of Using Slip and Fall Lawsuit Funding

Slip and Fall Accidents can occur anywhere, on the road, or someone else’s property and can cause you long-term injuries. While one may consider them to be random and not that trivial, a slip and fall accident can render you disabled for a long time.

You can be subject to a slip and fall accident due to:

  • Wet floor
  • Uneven floors/grounds with dips and bumps
  • Objects on the floor/ground
  • Stairs being even or not having railings
  • Bad lighting

Filing a slip and fall lawsuit becomes crucial if you have suffered from the accident due to someone else’s negligence. For example, you could have slipped in a restaurant, as there was no ‘wet floor’ sign. You can sue the restaurant for not following the necessary safety precautions and thus endangering the lives of the customers.

However, a lawsuit may take months or even years to reach a decision. In the meantime, you will have to bear expenses and pay your bills as well. You can instead opt for legal funding for your slip and fall lawsuit.

Here we tell you the 5 advantages of opting for slip and fall lawsuit funding:

1. It is Not a Traditional Loan

No need to worry about your credit history or employment history. Legal funding is not like a traditional bank loan, and only your lawsuit information will be required for approval.

2. Quick Approval Times

Traditional loans can take months for approval, as opposed to legal funding, which can be approved in 24 hours as well! The procedures are short and do not require much verification. A short conversation with the company representative, as short as 5 minutes will be sufficient as well.

3. No High Interest Rates

Only a dedicated amount from your settlement is repaid, which is once you receive a settlement offer. You do not have to worry about paying more than you took for the funding. There are no application fees or upfront charges either.

4. You Can Use it Any Way You Want

You are not liable to justify your expenses. Once you have the cash in your hand, you can use it to pay your bills, your rent, or medical expenses as you want. The money can be used for any expenses that you consider necessary.

5. You Only Repay If You Win Your Settlement

Most plaintiffs are worried that in case they do not win their settlement, they will be under lots of debt. Such is not the case with legal funding, as you only pay back your loan IF you get your settlement and can afford to pay.

Have you or someone you know suffered from a slip and fall accident? Delta Lawsuit Loans offers slip and fall lawsuit funding, which means that you can get the same advantages by getting in touch with them today!