Sexual Abuse victim needing a lawsuit loanSexual Abuse Lawsuit Loans

Do you need a sexual abuse lawsuit loan? Many clients in sexual abuse lawsuits deserve as much compensation as possible right now, but sometimes the legal process can take ages. Lawsuit loan companies provide these loans also often referred to as cash advances, to help plaintiffs cover their expenses while waiting for their settlements. You may be waiting for the settlement you deserve for months or years. Legal funding helps victims of sexual abuse access their future settlements to cover their current expenses instead of having to wait for a future compensation package. In fact, sexual abuse lawsuit loans can actually help you to win a larger settlement!

How A Sexual Abuse Lawsuit Loans Can Get You a Better Settlement

The legal system is notoriously slow. Even worse, insurance companies and defense attorneys deliberately make the case drag out longer, hoping to leverage the financial hardship against you. Such tactics can force you to accept a smaller settlement now rather than continuing to fight for the full compensation to which you are entitled.

This is the reason why Verum Funding was created. With a sexual abuse lawsuit loan, you can use the money from your future settlement to pay today’s bills while your attorney continues working for the best settlement possible. This funding can help bridge the need funding that is needed and in return can help your attorney build a stronger case without the need to settle now.

Verum Funding also supports plaintiffs in cases of sexual harassment, providing the necessary financial assistance to help them pursue justice.

Whether you need a sexual abuse settlement or a foster care child abuse loan, the team at Verum Funding wants to help you get justice that you deserve.

Legal funding is a safe, no-risk way to get money now while you wait for your attorney to negotiate a fair settlement (or for your case to proceed to trial). It is a non recourse loan, which means:

  • Your income and assets are never at risk.
  • Your future settlement is the loan’s collateral and the sole source of money for repaying the loan
  • The most we can take as repayment is the collateral (i.e., the agreed-upon portion of your settlement package).
  • You are NOT personally liable for repayment (so we don’t touch your personal finances).
  • If you lose your case, you owe nothing

Because we have no recourse to access your own money for any reason, our legal funding application asks for no personal financial information. There is:

  • NO credit check
  • NO income verification
  • NO employment verification
  • NO asset evaluation
  • NO risk

Again, your future settlement is the only possible source of money to repay the sexual abuse lawsuit loan. So, we do ask for the following information:

  • Contact information for you and your attorney
  • Which state you live in
  • How much funding you require
  • Have you done this type of financing with anybody else.

We require that our clients work with an attorney to pursue their lawsuit settlement or verdicts. Studies show that plaintiffs represented by an attorney consistently win significantly larger settlements and jury awards. We will work closely with your attorney as your legal team fights for your just compensation.

How Lawsuit Funding Works in Abuse Cases

Lawsuit funding in abuse cases provides crucial financial support to plaintiffs during their legal battle. A sexual abuse lawsuit loan can provide significant financial relief to victims waiting for their settlements. The process begins with the you reaching out to us via a form submission on the page. We review the details of the case and evaluates its merits in consultation with your attorney. If the case is strong and meets the requirements, you will receive an offer for funding. Once approved for pre-settlement funding, the cash advance will be available within 1 business days. These funds can be used to cover living expenses, medical bills, therapy costs, and other urgent needs. Importantly, the lawsuit loan is non-recourse, meaning no repayment is required if the case is lost. Repayment is only required if the plaintiff wins their case, and it is taken from the settlement amount.

Qualification for a Lawsuit Loan

To qualify for a lawsuit loan, plaintiffs must have pending sexual abuse claims against the perpetrator of the abuse. They must meet our criteria, and your attorney must be willing to cooperate with the funding. The lawsuit must have merits, and the plaintiff must be seeking monetary compensation for their injuries. There are no credit checks or job history reviews needed to apply for the loan. Verum funding will review the case, the underwriter will assess its potential settlement value to determine the amount of funding to offer.

Our Maximum Funding Amount

The exact amount we can provide you with for your sexual abuse lawsuit loan depends on several factors, including:

  • Your expected compensation or settlement
  • How long your lawsuit is expected to last
  • The strength of your case and the likelihood of you receiving compensation
  • The potential monetary value of your damages

Until we review your application and speak with your attorney, we can’t say how much money you are eligible for. However, our underwriters have approved anywhere from $500 to over $40 million in pre-settlement funding in the past.

Sexual abuse lawsuits can have tremendously varied compensation amounts, so it’s necessary to analyze your case when determining how much money we can provide you with. Sexual abuse lawsuit loans can provide significant financial relief to those waiting for their settlements.

GavelTypes of Abuse Cases We Fund

We fund various types of abuse cases, including sexual abuse in state youth facilities, workplaces, boy scouts, universities, camps, rehabilitation centers, foster homes, nursing homes, and churches. We also fund cases of coerced sexual conduct, sexual misconduct, and other forms of abuse. Our goal is to provide financial support to those who are seeking justice and monetary compensation for their injuries.

How to Repay Your Sexual Abuse Lawsuit Loan

One of the best parts about legal funding is that you don’t have to worry about repayment. At the conclusion of your case, your attorney will receive a check for the settlement or jury award amount. They’ll write a check for the funding repayment, take out their attorney’s fees, and you get the rest.

Financial Assistance for Abuse Lawsuit Plaintiffs

Financial hardship is a significant challenge for many abuse lawsuit plaintiffs. Medical bills, therapy costs, and living expenses can add up quickly, making it difficult for plaintiffs to make ends meet. That’s where we come in. Our lawsuit funding provides financial assistance to plaintiffs, allowing them to cover their expenses while they wait for their case to be resolved. Our non-recourse funding eliminates the risk of debt and allows plaintiffs to focus on their recovery.

What About the Criminal Case?

Many sexual abuse cases also involve criminal charges. Your lawyer can tell you when the best time is to start your civil lawsuit. Sometimes it’s before your criminal case, and sometimes it’s after. There are good reasons for each approach.

It’s in your lawyer’s best interest to achieve as much compensation as possible for you. A larger settlement puts more money in your attorney’s pocket and yours. More importantly, it punishes your abuser and helps you get the help you need to rebuild your life. Don’t let financial pain or the defense’s legal strategy prevent you from completing your case and getting the just decision you deserve.

Approval for Sexual Abuse Lawsuit LoanApplying for a Lawsuit Loan

Applying for a lawsuit loan is a straightforward process that can provide much-needed financial relief to victims of sexual abuse. To begin, you will need to provide some essential information about your case. This includes the details of the abuse, the current status of your lawsuit, and the expected settlement amount. Additionally, you will need to supply contact information for your attorney, as they will play a crucial role in verifying the details of your case and confirming their representation.

Once you have submitted your application, Verum Funding will review your case to determine your eligibility for funding. If approved, you will receive a cash advance on your expected settlement amount. This advance can be used to cover various expenses, such as living costs, medical bills, and other financial burdens associated with your lawsuit.

The application process is designed to be quick and easy, with a high acceptance rate. However, it is vital to work with a reputable lawsuit loan company like Verum Funding that has experience handling sexual abuse cases. This ensures that you receive the best possible support and guidance throughout the process.

Lawsuit Funding vs. Traditional Loans

Lawsuit funding differs significantly from traditional loans in several keyways, making it a more suitable option for many plaintiffs in sexual abuse cases. One of the most notable differences is that lawsuit funding is non-recourse. This means that you only repay the loan if you win your case and receive a settlement. If you lose your case, you owe nothing, eliminating the risk of debt.

Another major difference is that lawsuit funding is not based on your credit score or income. Instead, the funding company evaluates the strength of your case and the expected settlement amount to determine your eligibility. This makes lawsuit funding accessible to a broader range of plaintiffs, regardless of their financial background.

Lawsuit funding also offers greater flexibility compared to traditional loans. You can use the funds for any purpose, including covering living expenses, medical bills, and other costs associated with your lawsuit. There are no restrictions on how you use the money, and you can repay the loan at any time.

In contrast, traditional loans often come with strict repayment terms and may require collateral. Choosing lawsuit pre settlement funding, you can avoid these pitfalls and focus on your recovery and legal proceedings without the added burden of financial worry.

Get Legal Funding for Your Sexual Abuse Lawsuit Today

Apply Now on this page to provide us with information about your case to get the pre-settlement funding process started. If you prefer, please call 434-535-5229 to speak with one of our team members.

The money you need may be accessible in just 24 hours after your sexual abuse lawsuit loan is approved!

 

Sexual Abuse Lawsuits – Frequently Asked Questions

What is a sexual abuse lawsuit?

Sexual abuse is a crime that can be prosecuted in court or become the basis of a civil suit. Even if the perpetrator goes to jail, victims of sexual abuse can suffer the effects for a lifetime. A sexual abuse lawsuit cannot undo the harm done. However, litigation can provide monetary compensation for damages that can pay for medical care, counseling, and other means to help you to heal. And there are other potential benefits. A sexual abuse lawsuit can be the driving force behind essential changes, making it harder for abuse to happen in the future. And, crucially, there are proven therapeutic benefits for survivors when they use the legal system to stand up to their abusers.

How long does a sexual abuse lawsuit take to settle?

Unfortunately, sexual abuse lawsuits often take to settle. Typically, the perpetrator, their defense attorney, and even their insurance company will deliberately drag out negotiations. This is done specifically to pressure the victim to settle for a mere fraction of the genuine value of their case. All too often, this is a winning strategy when the victim is facing financial hardship. This is where a sexual abuse lawsuit loan can be a lifeline.

What is a sexual abuse lawsuit loan?

A sexual abuse lawsuit loan acts like a cash advance on your future compensation. If you have filed a sexual abuse lawsuit, it is easy to qualify for legal funding. The lawsuit loan gives you access to your future settlement so you can pay bills and meet your needs while your attorney continues to fight for the best compensation possible.

What compensation is available in a sexual abuse lawsuit?

If you file a sexual abuse lawsuit, you may receive two types of compensation: compensatory and punitive. Compensatory damages reimburse you for expenses you have incurred as a result of the abuse, like medical bills, lost wages, and counseling. Punitive damages are intended to punish the perpetrator, and the punishment comes in the form of money. Punitive damages are assessed and paid separately from compensatory damages.

Do I have to file criminal charges before a sexual abuse lawsuit?

No. You do not have to file criminal charges or have the perpetrator convicted before you can file a sexual abuse lawsuit. Most states do not require that you file charges or even report the abuse to the police to file a civil suit. In many cases, victims of sexual abuse are afraid to report the crime to law enforcement or may even choose to keep it out of criminal court. You can still seek compensation for your ordeal, and you can still qualify for a sexual abuse lawsuit loan without reporting to the police.