What is Pre-Settlement Funding for a Wrongful Death Lawsuit?

Pre-settlement funding provides financial assistance to plaintiffs awaiting the outcome of their legal case.

In wrongful death lawsuits, where families have lost a loved one due to another party's negligence or wrongdoing, pre-settlement funding can help cover urgent expenses. These might include funeral costs, medical bills, or lost income, all of which can place a heavy burden on grieving families.

Although it resembles a loan, pre-settlement funding differs in key ways. It is a non-recourse financial option, meaning that you don’t have to repay it unless your case is successful. If you lose your wrongful death lawsuit, you owe nothing. The process is quicker than traditional loans, ensuring you can get the support you need without delay.

Is Pre-Settlement Funding Right for You?

If you're struggling financially while waiting for your wrongful death lawsuit to resolve, pre-settlement funding may be the right choice. Many plaintiffs face difficulties covering medical bills, lost wages, or everyday expenses while their case is pending. Traditional credit options may be unavailable, and you may need immediate funds to avoid the pressure of settling too soon for less than you deserve.

Pre-settlement funding is designed to relieve this burden. It offers fast access to cash, allowing you to meet financial obligations while focusing on your case. Since it's non-recourse, there's no risk of accumulating debt if you don’t win your lawsuit.

How Does Pre-Settlement Funding for a Wrongful Death Lawsuit Work?

The process of obtaining pre-settlement funding is straightforward. Here’s how it works:

1. Apply for Funding: Start by submitting an application for funding, which is often a quick and easy process.

2. Case Evaluation: The funding company, in collaboration with your attorney, will evaluate the strength of your case, the likelihood of a successful outcome, and the expected settlement amount.

3. Approval and Disbursement: If approved, you can receive the funds within 24 to 48 hours, providing immediate financial relief.

4. Repayment: Since pre-settlement funding is non-recourse, repayment is only required if you win your case. If you lose, you owe nothing.

What is Considered Wrongful Death?

Wrongful death refers to a fatality caused by another person or entity's negligent, reckless, or intentional actions. Common cases include fatal car accidents, medical malpractice, unsafe work environments, and defective products. These tragedies often leave surviving family members not only emotionally devastated but financially strained. A wrongful death lawsuit can help hold the responsible party accountable and provide financial support to the family.

Who Can File a Wrongful Death Lawsuit?

Generally, the individuals closest to the deceased have the right to file a wrongful death lawsuit. This may include:

• Spouse: The surviving spouse typically has the first right to file.

• Children: If there is no surviving spouse, children may file the lawsuit.

• Parents: In cases where the deceased had no spouse or children, parents may pursue the claim.

• Other Family Members: Depending on state laws, other relatives, such as siblings or grandparents, may have the right to file.

• Estate Representative: The executor or personal representative of the deceased’s estate can also file a claim.

Laws vary by state, so it’s important to consult with a qualified attorney to determine your eligibility.

Pre-Settlement Funding FAQs

What are the Risks of Pre-Settlement Funding?

Pre-settlement funding carries minimal risk. Since it’s a non-recourse agreement, you only need to repay the funding if you win your case. If your lawsuit doesn’t succeed, you owe nothing.

What is a Non-Recourse Obligation?

Pre-settlement funding is non-recourse, meaning you do not have to repay the funds if your case does not result in a favorable settlement or verdict. This makes it a low-risk option for those in financial need during litigation.

Is There a Pre-Settlement Funding Limit?

The amount you may qualify for depends on your case's strength and expected outcome. Other factors such as the length of time expected for case resolution and prior funding may also impact the limit.

Can I Request More Than One Pre-Settlement Funding?

If your case takes longer than expected or additional financial challenges arise, you may qualify for additional funding. This depends on your case’s progress and remaining settlement potential.

How to Apply for Pre-Settlement Funding with PrimeCare Network

If you’re involved in a wrongful death lawsuit and need immediate financial support, PrimeCare Network is here to assist. Our pre-settlement funding provides fast, non-recourse cash advances to help you cover essential expenses while you await your case's outcome.

Call us today at 888-474-8473 or Apply Now at PrimeCare Network's Application Page.

Disclaimer: PrimeCare Network provides pre-settlement funding, also known as consumer litigation funding, through various products depending on your state and type of legal action. Some consumers may receive funding through a purchase agreement, assigning a portion of their legal claim’s pending proceeds, while others, in states like South Carolina and Colorado, may receive funding in the form of a lawsuit loan. These transactions differ significantly, and it’s important to fully understand the terms before proceeding. Always consult with a qualified legal professional and review the funding offer carefully.