Expenses that people incur while they are waiting for a lawsuit to resolve
If you are involved in a lawsuit after an accident, there are a number of expenses that inevitably seem to impact your life. While your attorney may be working on a contingency-fee basis (so you don’t have to worry about paying legal fees upfront) there are still numerous expenses that keep you from focusing on what is most important: recovering from your injuries and supporting your family. This can create a significant burden on your life as you wait for your case to resolve. Ordinary bills that accident victims are forced to deal with include:
This is likely the biggest concern. After a serious accident, medical bills can quickly reach tens of thousands of dollars, and that is before physical therapy and other rehabilitation you may need. While an eventual settlement should pay all of those bills, that answer doesn’t always satisfy every doctor and hospital. When you are trying to recover from such a traumatic event, the last thing you need is to worry about threats from bill collectors because of the medical help you needed.
Vehicle Repairs or Replacement
You may find yourself struggling to repair or replace a damaged vehicle or other important property after an accident. These are often major expenses, and you may not have the funds at your disposal to handle them immediately without assistance.
Whether you rent or you pay a mortgage, almost everybody has a monthly bill. When an accident keeps you from working and earning money for yourself or your family, and then also adds new bills on top of those you always have, it can very quickly become difficult to make your monthly rent or mortgage payments on time.
Just having a place to live isn’t enough. You’ve got all your typical bills for electricity, water, trash. On top of that, there is the money required for food, gas, clothes, and other everyday expenses. If you are struggling for money after you’ve been injured, you could find yourself in the uncomfortable situation where you need to choose which of the above you can go without for a day or a week.
The come up only once a year, but some lawsuits can drag on for years, meaning your tax bill can become a real concern if your accident results in a long-term injury. While it’s possible to delay payment on your taxes, this usually comes with a penalty, which only increases your financial concerns.
Paying for the Kids
Anyone who has children knows they are not cheap, even in the best of circumstances. It can be an awful thing to worry about not just providing for yourself but for your children while you suffer through the period before you can return to work.
Get Pre-Settlement Funding From Case Capital Trust
Thankfully, there’s a way to avoid all of these concerns about your finances after an accident. While you wait for a verdict or settlement, you can get pre-settlement funding from Case Capital Trust. These advances are designed to cover your expenses while you wait for your case to settle.
The beauty of this cash advance is that you never have to pay it back out of your pocket. Instead, the advance comes out of your settlement. If you lose your case, you don’t owe anything.
If you’ve been in an accident and are worried about how to pay your bills, contact Case Capital Trust today to find out if you qualify for pre-settlement funding, and get the money you need when you need it. We are here to help you, so contact us at (877) 336-5123 to speak to one of our experts today.