Arizona Lawsuit Loan
An Arizona lawsuit loan is a concept that has been around for years. Most people believe that an Arizona lawsuit loan has to be paid back regardless of the outcome of a case. When a person receives a lawsuit loan in Arizona from a lawsuit lender they are only required to pay it back from a settlement or award from the case. If the person does not settle or loses to the defense, the lender loses the investment.
A lawsuit loan in Arizona is most often used by those people that need money to pay for bills. It's a financially viable solution to an early and less affordable settlement. When a person is faced with a choice to settle early or keep on fighting for what's rightfully theirs a lawsuit loan can provide the financial cushion needed to endure even the toughest legal battle. If you are considering an Arizona lawsuit loan against a claim or lawsuit, contact LawLeaf today.
A common question that most people ask prior to applying for a lawsuit loan in Arizona is whether they can be approved with bad credit and unemployed. Because an approval is based upon the merits of a lawsuit and not the credit or employment of an individual, you will be approved if you have a strong case; if the company believes in a favorable outcome they will provide money to the plaintiff. Most of our clients contact us because they have no other financial options available and have lost a job.
When you are approved for a lawsuit loan against an injury case in Arizona the client can use the money as they deemed fit. We have clients that need money for medical expenses and others that are purchasing a car. It makes no difference how the money is spent just as long as it's not used for legal fees.
Lawsuit loans in Arizona are most often used before a settlement has been reached. The plaintiff may need money for medical treatments and without having a better understanding of ongoing medical expenses after a treatment, the attorney may advise their client against an earlier settlement. This is to assure the client is getting paid full compensation including ongoing medical expenses: Law Leaf provides lawsuit loans against a lot of different types of injury cases including:
When you are approved for a lawsuit loan in Arizona the company is betting that you will win the suit. A person will agree to use their potential winnings as collateral and make payment to the company after compensation is awarded. A person that is involved in a personal injury or commercial litigation civil lawsuit may qualify for a lawsuit loan in Arizona.
Once the client is approved the company will place a lien on the settlement to secure their investment. This lien assures the investor that the client will pay them before they receive their award. A person that applies for an Arizona lawsuit loan typically has a pressing financial need and instead of settling for less, they borrow against their claim. While this form of borrowing is not for everyone, it can certainly be beneficial if you are considering accepting a much lower settlement due to a financial circumstance.
If you are considering an Arizona lawsuit loan, LawLeaf wants to work for you. We provide our clients services throughout the state of AZ: Apache Junction, Avondale, Bisbee, Bullhead City, Carefree, Casas Adobes, Casa Grande, Catalina Foothills, Chandler, Cottonwood, Flagstaff, Florence, Fountain Hills, Gilbert, Glendale, Globe, Holbrook, Kingman, Lake Havasu City, Mesa, Nogales, Oro Valley, Paradise Valley, Parker, Payson, Peoria, Phoenix, Pinetop, Prescott, Safford, Scottsdale, Sedon, Show Low, Sierra Vista, Sun City, Surprise, Tempe, Tucson, Wickenburg, Window Rock and Yuma.