Injured individuals have enough to worry about without having to face the added burden of being unable to meet their financial obligations. Whenever a person sustains an injury, his or her primary concern should be to obtain medical treatment and focus on healing.
However, depending on the seriousness of one’s injuries, it may become evident very quickly that he or she will not be able to earn a living while they heal. When that harsh reality sets in, the individual and his or her family may begin to wonder about possible options for staying afloat financially as they deal with the legalities associated with the incident that caused the injuries.
It is at that point when individuals may consider Florida pre-settlement funding from Injury Funds Now (IFN). But, what is pre-settlement funding? Such funding, which is also referred to as a “non-recourse cash advance,” offers injured individuals funds in return for their promise to repay those amounts once an outcome has been reached in their case via either settlement or verdict.
The upside to such non-recourse funding is the injured individual will not be required to repay any funds received if he or she loses the case in court and will only have to repay a pre-established amount in the event of a win (or if the settlement is less than expected).
Anyone who has ever been involved in litigation is well aware of the fact that reaching a resolution can sometimes take months or even years, depending on the particulars of the case. Even though this may be the case, many creditors are not willing to work with individuals who are awaiting settlements or verdicts and the harmed individual’s bills will continue to mount, particularly if he or she has to take a reduction in income due to a change in job or an inability to work at all.
There are a number of options available to individuals in such situations; therefore, it is imperative for individuals and their families to carefully examine all possible alternatives, weigh the pros and cons of each and make the best choice for them and their family. The fees associated with pre-settlement funding can be costly; however, IFN’s fees are less than many other funding companies, and we offer various fee structures, to include a choice between a monthly fee structure and a flat fee structure.
Headquartered in Miami, Florida, IFN is able to provide funding to personal injury victims who are presently awaiting settlements or lawsuit outcomes in Palm Beach, Ft. Lauderdale, Hialeah, Miami and throughout the rest of Florida, as well as most other states in the U.S. Injured victims who choose to work with our company will experience an easy and stress-free application process.
IFN takes pride in the fact that we have one of the fastest turnarounds in the industry, with most individuals receiving their much-needed funds within 24 hours of approval. When we receive your application, we’ll review it, along with any materials received from your attorney, as quickly as possible. And again -- if you lose your case, you will not owe IFN a dime, and upon successful outcome of your case, we will only receive the agreed-upon fee, which makes your transaction with us totally risk free!
We at IFN understand that deciding to work with a pre-settlement funding company is a major decision. If you have any questions or concerns about what we do and how we can help you, contact us toll-free at 1-866-683-8637 or online.