Pre-Settlement Funding in Oklahoma: A Comprehensive Guide
If you’re involved in a lawsuit in Oklahoma and need financial support while your case is pending, pre-settlement funding may be the solution. This guide provides everything you need to know about applying for pre-settlement funding in Oklahoma.
What is Pre-Settlement Funding in Oklahoma?
Pre-settlement funding, also known as consumer legal funding or a lawsuit cash advance, provides plaintiffs with quick access to cash in exchange for a portion of their expected settlement. In Oklahoma, this funding is non-recourse and not classified as a loan, meaning repayment is only required if you win your case.
Why Consider Pre-Settlement Funding in Oklahoma?
Oklahoma sees many personal injury and car accident cases, which can take months or even years to resolve. During this time, plaintiffs often face financial strain. Pre-settlement funding can help cover living expenses, medical bills, and other essential costs as you wait for your case to conclude.
How Does Pre-Settlement Funding Work?
- Application: Start by applying online or contacting a funding provider directly. Express Legal Funding, for example, offers a fast and easy online application available 24/7.
- Case Review: After applying, the funding provider will work with your attorney to review your case and assess its strength, helping determine the funding amount you qualify for.
- Approval and Funding: If approved, you can receive funds within 24 hours. The amount depends on the specifics of your case and can range from $500 to $500,000.
- Repayment: Repayment is only required if you win or settle your case, covering the initial amount plus any agreed-upon fees or interest.
Benefits of Pre-Settlement Funding
- Immediate Financial Relief: Access cash quickly for urgent expenses.
- Non-Recourse: Repayment is only required if you receive a settlement or court award from your case, making there no financial risk for the client.
- No Credit Check: Approval is based on your case, not your credit score.
- No Monthly Payments: Repayment is taken directly from your settlement, so there are no monthly payments.
Who Can Apply for Pre-Settlement Funding?
To be eligible for pre-settlement funding in Oklahoma, you must:
- Have a valid claim or pending lawsuit.
- Be represented by an attorney working on contingency.
- Have a strong likelihood of winning or settling your case for a financial recovery.
Types of Cases Eligible for Pre-Settlement Funding in Oklahoma
Pre-settlement funding is available as a cash advance on many types of claims for Oklahoma residents, including:
- Personal Injury
- Slip and Falls
- Medical Malpractice
- Motor Vehicle Accidents
- Product Liability
- Wrongful Death
- Employment Discrimination
How to Apply for Pre-Settlement Funding in Oklahoma
Applying is straightforward with Express Legal Funding. Start by visiting expresslegalfunding.com and filling out the application form, or call us at (888) 232-9223 for more information.
In Conclusion About Pre-settlement Funding Options in Oklahoma
Pre-settlement funding can provide essential financial support as you wait for your case to conclude. By understanding the process and qualifications, you can make an informed decision that best supports your needs. If you reside in Oklahoma and need pre-settlement funding, consider reaching out to a reputable company like Express Legal Funding to begin your application.
Ready to Apply?
Get started with a pre-settlement funding cash advance on your Oklahoma claim now.