What Can I Use My Settlement Funding For?

Whether you were already dealing with a financial hardship or were managing your finances up until your injury, being involved in an accident with added expenses and lost wages is extremely difficult. While you are trying to recover physically, mentally, and emotionally from your injuries, you still need to buy groceries and pay your living expenses. You may even be facing more bills, such as the medical bills incurred for your injury, and feel like you have no viable options and nowhere to turn.

Turn to Settlement Funding

It’s common to feel hopeless in this situation, but USClaims is here to help. If you have a severe injury with strong evidence that it is due to another person’s negligence, as well as a lawyer representing you on a contingency fee basis, you might qualify for lawsuit funding.

We provide you with the cash you need as soon as 24 hours after our funding specialists approve your application. In return, you agree to pay us a portion of your lawsuit proceeds, whether your case settles or ends up at trial. Settlement funding from USClaims can be what helps you financially survive your accident-related financial struggles while you wait to receive your settlement.

If your case fails to produce any compensation, you owe us nothing. We take the risk to provide you with lawsuit funding to get your life back on track.

What Can I Use My Settlement Funding For?

One of the most commonly asked questions about litigation funding is if there are any rules about how you spend the money. We don’t place any restrictions on how you spend your funding. The money is rightfully yours to do what you want with it and your plan for using the money will not change your approval or the terms of your funding. As such, we will not ask you for any documentation, receipts, or bank statements to prove how the money was spent. Most people use their funding for:

  • Utilities
  • Groceries
  • Mortgage or rent
  • Medical expenses both before and after your injury
  • Medical expenses for other members of your family
  • Rehabilitation expenses
  • Car loans or lease payments
  • Other loan payments
  • Credit card payments
  • Tuition for themselves, their spouse, or children
  • Automotive expenses
  • Home repairs or updates to accommodate a disability
  • Everyday expenses for your children and family
  • Counseling sessions
  • Clothing
  • Household items

With litigation funding from USClaims, you have the freedom to determine how your money can best be spent. We will never tell you how your money should be used. You know your financial circumstances best, and the money is yours to keep even if you do not end up receiving compensation in your lawsuit.

Should I Save Some of My Settlement Funding to Put Towards Its Monthly Payments?

We know that you likely need money in your pocket now, so it wouldn’t make much sense to provide you with settlement funding and then start asking for payments next month. Not only is that a costly endeavor, but it is also time-consuming for an injured plaintiff.

Instead, whenever your case settles, no matter if it is three months from now or three years, we will collect the full amount owed for your settlement funding along with any applicable fees and interest. You are welcome to spend all of your funding now or save some for later use. Either way, you don’t need to pay us anything until you receive compensation for your injuries.

Let USClaims Help You During This Challenging Time

When we approve you for pre-settlement funding, you will have money in your hands usually within 24 hours. Once you have your funds, use them however you see fit. We will not ask how you spent your monies. Pre-settlement funds can provide you with the ability to satisfactorily settle your claim without going into debt.

If you have been injured in an accident and desire to learn more about how USClaims can help you get back on your feet with no-risk lawsuit funding, give us a call today at 1-877-USCLAIMS or complete our quick and easy online application form now. We help injury victims throughout the United States with a variety of different lawsuit types.

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