Are You Struggling to Pay Your Bills After an Injury? IFN Can Help

February 14, 2018, on Pre-Settlement Funding | Share

Suffering injuries in a traumatic accident can change your life in many ways. From getting to work to getting around on the weekends, a serious injury can make routine tasks far more difficult than they should be.

It can also make it more difficult to pay your bills. If you are unable to work due to an injury you suffered in a vehicle collision or other accident, your savings will only go so far. Sooner or later, you may find yourself needing help to keep up with your monthly expenses. When you add in the mounting pile of medical bills on your desk or kitchen counter, the financial impact of a traumatic injury can easily become overwhelming.

What is Pre-Settlement Funding?

If you have been injured and you have an attorney handling your case, you may be eligible for pre-settlement funds. Pre-settlement funding is money you can use to pay your bills while your personal injury case is pending; and, if your case is unsuccessful, you do not have to pay it back. The funding is not credit. It is not a loan. You receive money based on the strength of your personal injury claim. If you don’t end up receiving a settlement, the money is still yours to keep. Why? Because we made the decision to risk money on the outcome of your case, not you.

How Can You Use Your Lawsuit Cash Advance?

While it is up to you how to spend your lawsuit cash advance (we wire money directly into your bank account), there are some important considerations for you to keep in mind. First, if you truly need financial help, paying your bills should absolutely be your first priority. Our clients typically use their funding for expenses such as:

• Medical bills
• Prescription costs
• Gas, car payments and auto insurance
• Health insurance
• Rent and mortgage payments
• Utility bills
• Food
• Child-related expenses

Second, while we offer a Best Price Guarantee, our fees are in part based on the amount of funding you receive. As a result, you generally do not want to receive more funding than you actually need. During the application process, we will work with you to understand your needs, and we will offer an advance that is custom-tailored to your individual circumstances. If you need more money later, you can always apply for additional funding. We do not charge application fees or transaction fees, so you would not incur any fees of that nature.

Recovering from a traumatic injury takes time. You do not have to deal with financial stress while your personal injury case is pending. Start the application process online, and one of our funding specialists will be happy to walk you through everything you need to know.

Apply for Pre-Settlement Funds from Injury Funds Now

If you are struggling to pay your bills due to an injury that may have been someone else’s fault, we encourage you to start the application process to learn more about settlement funding. If you are eligible, we can put money in your account in as little as 24 hours.