Top pre-settlement funding company expands personal injury department to handle increasing quantity of new claims

JERSEY CITY, N.J., May 22, 2024 /PRNewswire/ -- Legal-Bay, the premier Pre Settlement Funding Company, announced today that they are seeing an increase in the number of applications for personal injury lawsuit loans. Plaintiffs are filing at a higher-than-usual rate, and Legal-Bay's team is prepared to keep up with the demand. They're one of the leading lawsuit loan funding companies in the industry, and offer a lightning-fast approval process.

With the noticeable increase in personal injury claims filed, it may take some time before cases get settled. Legal-Bay believes plaintiffs shouldn't be left waiting for the money they have coming to them, and has an entire personal injury settlement loan department to accommodate litigants who would rather opt for presettlement funding.

Legal-Bay cautions everyone to be aware of their surroundings no matter where they are in order to avoid potential physical harm. Personal injuries can also happen due to motor vehicle accidents, dog bites, negligent property owners, faulty products, or mishaps in the workplace. These injuries can lead to substantial medical bills, along with physical as well as mental pain and suffering.

Chris Janish, CEO, commented, "Personal injury cases are always devastating, especially when they could have been avoided. Loss of work means lessened income at a time when medical bills may be piling up. With the slow-moving pace of the court system, plaintiffs are left to wait indefinitely before their cases are being heard. For unemployed or underemployed clients who need cash advances to help them pay their bills, Legal-Bay remains, as always, poised to help."

If you're a lawyer or plaintiff involved in an active personal injury lawsuit of any kind and need an immediate cash advance against an impending lawsuit settlement, please visit Legal-Bay HERE or call toll-free at 877.571.0405.

Legal-Bay is known to many as the best lawsuit funding provider in the industry for their helpful and knowledgeable staff, and one of the best lawsuit loan companies overall for their low rates and quick turnaround, sometimes within 24-48 hours once all documents have been received. Legal-Bay offers cash settlement funding and lawsuit loans for all personal injury lawsuits; however, they handle all other types of cases including medical malpractice, wrongful termination or imprisonment, police brutality, sexual assault or harassment, and more.

Their loan for settlement funding programs are designed to provide immediate cash in advance of a plaintiff's anticipated monetary award. While it's common to refer to these legal funding requests as settlement loans, loans for settlements, law suit loans, loans for lawsuits, etc., the "lawsuit loan" funds are, in fact, non-recourse. That means there's no risk when it comes to loans in lawsuit settlements because there is no obligation to repay the money if the recipient loses their case. Therefore, terms like settlement loan, loans for lawsuit, loans on settlement, or lawsuit loan funds don't necessarily apply, as the "loan on lawsuit" isn't really a loan at all, but rather a stress-free cash advance.

To apply right now for a loan settlement program, please visit the company's website HERE or call toll-free at: 877.571.0405 where agents are standing by to answer any questions.

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SOURCE Legal-Bay, LLC