How Triumph Legal Funding Can Help Solo Practitioners With Their Clients’ Expenses

by | Dec 2, 2020 | Attorneys, Personal Injury | 0 comments

Bridging the Financial Gap Between Accident and Settlement

Despite having valid claims, many injury victims choose not to pursue litigation because of the length of time it takes to receive compensation. Few people who are unable to work can afford to wait months or even years for a settlement, even though they may be successful in a personal injury lawsuit.

At Triumph Legal Funding, we understand this burden and hope to help provide a solution for clients who cannot afford lengthy litigation. Our pre-settlement legal funding is designed to provide non-recourse cash flow to clients who are awaiting a settlement. Contact our office to get started with a no-risk, fast approval.

Many Americans Do Not Have the Funds to Pursue a Lawsuit

A study by the Consumer Financial Protection Bureau found that over half of those surveyed had $3,000 or less in their checking and savings accounts. With mounting medical bills and monthly expenses, most people would be unable to survive more than a month or two without income after an accident.

The average personal injury claim can take anywhere from a few months to over a year to settle, and courts are only getting more backlogged due to the pandemic. Knowing this, insurance companies purposefully offer quick settlements to injured plaintiffs. Most victims do not realize that they could get more or cannot afford to wait in the hopes of getting a more extensive recovery.

How Triumph Legal Funding Can Help

At Triumph Legal Funding, we recognized that personal injury lawsuits were heavily tilted in favor of defendants with unlimited access to capital. Solo practitioners and small law firms were losing out on potential clients because they did not have the money to pay their rising medical bills, let alone their mortgage or rent, after an accident.

We wanted to level the playing field, giving plaintiffs and their attorneys’ access to the money they need to get them from accident to settlement. Knowing that injury victims were missing out on hundreds of thousands of dollars by not fully litigating their case, we had to provide a solution.

What We Can Offer Your Clients

We are not a traditional lender. Our pre-settlement legal funding is not a loan. Your client pays nothing out-of-pocket. Once approved, financing is available in as little as 24 hours.

Your client can use the money we provide to pay for:

  • Mortgage or rent payments
  • Groceries
  • Car payments
  • Other monthly expenses
  • medical bills
  • litigation costs

We only get paid if you win. Our fees are paid through an agreed-upon portion of the recovery. We believe in honesty and transparency, so there are no hidden fees or costs. Unlike expensive lawsuit loans with penalties, our funding is designed to help not hurt your client. 

Contact Triumph Legal Funding To Get Started

Stay retained on the case and do not let a client settle because they cannot afford to wait for a larger recovery. Call Triumph Legal Funding at (973) 362-3500 or fill out our online contact form to discuss your client’s needs. Get started today at no cost to you or your client. 

Our process is fast and easy, ensuring your client gets the money they need now so you can stay on the case. Find out how we can alleviate the financial hardship on your client and help fund your way to victory.