Around 276,861 vehicles crashed on New Jersey municipal, county, state, interstate, and toll roads in 2019, the New Jersey Department of Transportation (NJDOT) reported.
If you are a resident of New Jersey and have been injured in an accident that was not your fault, you may think about how you will pay your bills while waiting for your case to settle. You may be entitled to pre-settlement funding, a type of lawsuit loan.
This article will discuss why you should seek pre-settlement australia phone data funding in New Jersey. Read on to know.
To Pay Your Mounting Bills While Waiting for Your Case to Settle
In New Jersey, the statute of limitations on personal injury lawsuits is two years. The victims have two years from the date of injury to sue the party. Hence, if you’ve been hurt badly in an accident, you have two years to file a personal injury lawsuit.
However, filing a lawsuit and trial can take longer than two years. In addition, it can take several years for a case to settle in some cases. It is especially true if the case goes to appeals.
During this time, you may have trouble paying your pile-up bills. If you have medical bills, pre-settlement funding can help you cover these expenses.
Pre-settlement funding in New Jersey is a cash advance on your expected settlement. You can get anywhere from $500 to $1,000,000 within 24 hours after approval. In fact, it is not a loan. You only repay the cash advance if you win your case.
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