Pre Settlement Funding In Colorado
A lawsuit cash advance from TriMark Legal Funding can help injured plaintiffs maintain positive control over their finances until their lawyer has negotiated the maximum compensation they deserve.
To comply with C.R.S. § 5-1-301(11) and (14), all CO funding requests must exceed $75,000
Colorado Lawsuit Funding
If you’ve been injured in an accident that was caused by someone else’s negligence, you deserve to be fully and fairly compensated.
About the only way you can expect to receive full and fair compensation nowadays is to hire an aggressive personal injury attorney and file a lawsuit against the at-fault party.
The downside, of course, is that complex personal injury cases can take years to settle.
That’s why the pre-settlement funding that TriMark Legal Funding provides can be such a game-changer for injured plaintiffs.
Legal Funding Can Help
FACT: Plaintiffs have it rough; they just do.
For starters, getting hurt wasn’t your fault.
Then, to add insult to injury, the other guy’s insurance company is probably treating you like you’re their sworn enemy.
And then, with serious injuries, it could take years for you to recover. In some cases, you may not ever fully recover.
At some point, however, your doctor will decide that you have recovered as much as you’re going to. The American Medical Association calls it “maximum medical improvement” or MMI.
Until you reach MMI, it’s impossible to know the full extent and cost of your damages. Thus, it is premature to enter settlement discussions before you reach MMI.
Life Goes On
Reaching MMI might take years but your bills still need to be paid on time.
For a lot of people, that presents a colossal problem.
For TriMark Legal Funding, it’s just another day at the office.
We can provide from $75,000 to $250,000+ of pre-settlement funding in Colorado, often within 12 hours of approval.
Pre-Settlement Funding on Accident Lawsuits
Legal funding is fast, easy, and it’s free to apply. And because approval is based on the merits of your case, there are no credit checks.
The best part is that the advance only gets repaid after your case is resolved successfully. If it isn’t, you can keep the money and owe nothing.
Lawsuit loans are an ideal solution for stabilizing your finances while you’re waiting for your attorney to negotiate the maximum compensation you so rightly deserve.
Colorado Lawsuit Settlement Funding FAQ
Unfortunately no, workers comp lawsuit loans are not available in Colorado.
No. The minimum funding threshold in Colorado is $75,000. As a result, many types of personal injury and employment lawsuits will not qualify for funding consideration.
With the possible exception of Roundup lawsuit loans, there are currently no dangerous drugs, defective medical devices, or other mass tort lawsuits that qualify for funding in excess of the minimum threshold.
In addition, soft tissue injury cases, moderate-level injuries, most employment lawsuits, and all cases with less than $750K minimum available insurance coverage will not qualify.
We can fund up to 50% of the net settlement amount on settled cases. To qualify for settled case funding in Colorado, a plaintiff with a Roundup settlement would need to be receiving a minimum net amount of $165,000.
On pending lawsuits, TriMark can fund up to 20% of an anticipated net settlement. On settled cases, TriMark can fund up to 50% of an actual net settlement.
Bearing that and the funding threshold in mind, there must be a reasonable expectation that the plaintiff will net a minimum of $450,000 after attorney fees, case costs, and medical liens are deducted.
Cases that may qualify include bad car accidents and commercial vehicle accident loans, catastrophic injury cases like spinal cord injuries, traumatic brain injuries, amputations, severe crush injuries, wrongful death lawsuits, FELA lawsuit settlements, settlement funding for medical malpractice, and some premises liability cases like slip and fall accident funding.
Yes, as long as the case will support the additional funding and continues to satisfy the minimum funding threshold.
After a case has been settled and finalized, the plaintiff’s attorney will receive a settlement check from the defendant’s insurance company and deposit it into the firm’s trust account. From that, attorney’s fees, case costs, medical liens, and the lien for the lawsuit cash advance will all be paid and everything that’s left goes to the plaintiff.
The minimum funding threshold still applies, but on settled cases, TriMark can fund up to 50% of an actual net settlement. To qualify, a plaintiff must net a minimum of $175,000.
Can A Lawsuit Loan Help Me?
Lawsuit loans, which are often referred to as pre-settlement funding, settlement loans, and lawsuit cash advances can be a real game-changer for anyone who has been seriously injured in an accident.
Legal funding can help restore some financial security and peace of mind in an otherwise chaotic time.
Get Legal Funding Now
Need some of your money BEFORE your case settles? Let us know how to contact you to get an IMMEDIATE callback and a TOP-DOLLAR offer.
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Apply For Colorado Pre Settlement Funding
To comply with C.R.S. § 5-1-301(11) and (14), all CO funding requests must exceed $75,000
Are you ready to move your life in a more positive direction?
TriMark Legal Funding is excited to help you through this difficult time. We’ve helped thousands of people in similar circumstances, and we appreciate the opportunity to help you too.
It’s free to apply, and it only takes a minute. Best of all, you could receive the money you need as quickly as tomorrow. You can apply online or call (877) 932-2628, and one of our friendly representatives will be happy to take your application right over the phone.
Lawsuit funding from TriMark is just pure financial help, right when you need it most. And approvals can happen so fast that if you apply today, you could receive cash tomorrow.
When you choose TriMark Legal Funding, you’re in excellent hands, and we’ve always got your back.