New Jersey Lawsuit Loans Made Easy

New Jersey Lawsuit Settlement Loans Overview

Generally speaking, most personal injury plaintiffs in the state of New Jersey are eligible for a pre-settlement lawsuit loan. A lawyer is allowed to help their client secure pre-settlement lawsuit funding as long as the attorney or law firm doesn’t have a financial interest in the lending company.

Uplift provides non-recourse lawsuit cash advance loans across the Garden State of New Jersey, including in major cities like Newark, Jersey City, and Paterson. A non-recourse loan means that you don’t have to pay the funding back if you don’t get a settlement. There is no risk for you in taking out a lawsuit loan with us. Accidents happen; as such, we offer pre-settlement funding for most personal injury claims.

Financial resources for New Jersey plaintiffs

You may find yourself unable to work after an accident. While you’re waiting for a fair settlement, you may not be able to pay your bills, especially if you are suffering from personal injuries. If you need help paying your bills during your personal injury lawsuit, there are other options in addition to a pre-settlement loan.

Even with our low, simple rates, pre-settlement lawsuit loans can be expensive. If you just need a little extra help with bills, New Jersey offers several resources for those in need. You can apply for many of these online.

• The New Jersey: Financial Assistance For Families administers several programs for low-income families. Some of these programs include temporary cash assistance, called the TANF program. Others can help with groceries, such as WIC (Women, Infants, and Children), or childcare expenses.
• Families who need low-income housing or help finding affordable housing may benefit from the New Jersey Housing Resource Center. It offers homelessness and eviction prevention, plus special programs for veterans and individuals with disabilities.
• Individuals without health insurance may apply for NJ Medicaid. Additionally, people who lost their employer-sponsored insurance due to an accident may qualify for Medicaid benefits.
• The Low Income Home Energy Assistance Program (LIHEAP) provides utility assistance for low-income New Jersey families.

If I have bad credit, can I still get a New Jersey pre-settlement lawsuit loan?

Yes! Our New Jersey lawsuit loan funding is uniquely designed to be risk-free, focusing on the merit of your pending lawsuit rather than your credit history. Unlike traditional loans, pre-settlement funding in New Jersey is based on the strength of your case. We don’t conduct a credit score check or employment verification for approval. Additionally, pre-settlement lawsuit loans are secured on a contingency basis. The money is repaid only if you win your case and is paid out of the settlement award. You won’t have a structured repayment plan, as you would for a personal loan or a paycheck advance loan.

Therefore, your loan amount and approval are based on the case itself.

What do we consider when evaluating your case?

• How clear is the case? Is it evident that one party is at fault? Or is the case a little murkier, with the causality of the incident subject to question?
• How long has the case been in the court system, and what stage is it at? Is this a newly filed case, or is it close to settlement?
• Do we have all the information we need to make a decision? How quickly we’re able to approve settlement funding depends on how quickly we’re able to get the information we need from your lawyer.

How can I get the best rate for settlement loans in New Jersey?

Finding the best funding company can be tricky. There are many legal funding companies in New Jersey, and each one will tell you they’ll give you the highest amount at the lowest rate. Comparing the merits of each settlement lender can be confusing, especially if you’ve never done this before. Every company claims to cover all types of personal injury loans, from car accidents to dog bites. How can you tell which one is right for you?

Judging strictly by the numbers, the best lawsuit loan company is the one with the lowest interest rate. Research different companies, including which types of cases they cover and how quickly they can send your funds. Your attorney may also be familiar with settlement loan companies in New Jersey and can recommend reputable ones. Ask your lawyer what kind of terms a recommended lending company offers. Look for ones with simple interest instead of compound interest.

Many pre-settlement lawsuit lending companies will have information online, but it’s important to ask questions, too. Ask for your quote in writing, and make sure you understand all the terms. Some pre-settlement companies will ask for your lawyer’s information before quoting you rates. Be wary of these companies, and make sure you have a quote firmly in writing before disclosing any personal information. Again, consult with your lawyer before giving any company your case or personal information.

Uplift Legal Funding has in-depth experience in the lawsuit loan and settlement funding industry. We operate with complete transparency and are ready to answer any questions our clients have. We offer a more comprehensive look at pre-settlement lawsuit loans here. For additional information, we encourage you to call us or send an email.

Will I need a lawyer to apply for a lawsuit settlement loan in New Jersey?

Yes! Your attorney will provide us with the information we need to approve your loan and determine how much we can lend you. Since the funds are repaid from the settlement award and your attorney is responsible for disbursing the settlement, it’s essential to have legal representation to obtain the loan.

Unless your lawyer is working pro bono, the only way you can get a cash advance based on your lawsuit is through a lawsuit settlement funding company. They, in turn, work with your attorney, who is ultimately responsible for ensuring the loan is repaid.

Is settlement funding considered a loan in New Jersey?

Settlement funding isn’t considered a loan in New Jersey. Bear in mind that pre-settlement advances are largely unregulated in the state, so make sure to read the terms carefully. Only sign a contract if the funding is based on contingency. That is, if your case falls through, you’re not responsible for repaying the advance.

How a lawsuit loan can strengthen your New Jersey personal injury case

The main reason plaintiffs seek pre-settlement funding is that injuries from an accident leave them unable to work and pay their bills. They may also need to replace a vehicle but cannot do so until a future settlement comes through. This lack of transportation can affect their ability to work and cause financial hardship, especially if they are still responsible for a vehicle loan. Exploring options like pre-settlement funding can provide necessary financial relief, preventing the need to accept the first offer from the other party’s insurance company just to return to normalcy as quickly as possible.

When a plaintiff is faced with accepting a fast settlement or seeing the case through to its conclusion, their financial circumstances heavily factor into the decision. If you have suffered a neck or spine injury, you may need ongoing medical care. These costs are typically factored into your compensation amount. If you settle the case before your treatment is complete, the remainder of the bills will not be covered, and you will have to pay for them yourself.

A lawsuit loan can provide the financial stability you need so you and your lawyer can pursue the case to its conclusion. Any medical bills will be included in the claim, along with all lost wages. Lawsuit loans allow you the freedom to secure the compensation you deserve.

How do lawsuit loans work in New Jersey?

Our lawsuit loans are fairly straightforward. There’s a bit of information we ask of each applicant:

• Your full name
• Phone number and email address
• Details about the case, such as police reports, witness statements, photos, and incident reports

Once we receive this information, our underwriting department can evaluate your case. You don’t need to file your suit yet—often, we can assess a case just a week after the incident.

Once we’ve approved the loan, we’ll send you cash in as little as 24 hours. Uplift Legal Funding offers many flexible payment options, including overnight check, wire transfer, Western Union, and more. That’s all we ask of you! We work out the rest of the terms with your lawyer. They are responsible for the repayment, which comes from your settlement award. Remember, Uplift works on a contingency basis, just like your lawyer. If they don’t win the case, you aren’t responsible for repaying the money you’ve received.

Lawsuit funding from Uplift in New Jersey

We provide financial support through lawsuit loans to relieve the pressure of all the expenses that build up during a case. This financial support can cover medical bills, car insurance, rent or mortgage payments, college tuition, etc. Whatever you need the funding for, it’s up to you how it’s used.

Uplift always advises our clients to take only what they need. Legal funding can be pricey, so Uplift does its best to keep rates low and manageable. One of the best features Uplift offers is that if you don’t win the lawsuit, you don’t have to pay the lawsuit loan back.

How to find the best lawsuit funding in New Jersey

Uplift wants to make sure you know what to look for when finding the best legal funding company. So, we have compiled a few tips on how to spot potential red flags.

1. Rate transparency: Many funding companies charge high rates, sometimes upwards of 100%. If a company is not open about its rates, that is a red flag.
2. Accessibility: You should be able to reach a representative if you call or email. If the company isn’t responding to you, it is not a good sign.
3. Credit checks: Legal funding should be based on the merits of your case, not your creditworthiness. If a funding company requires a credit check, it may be wise to look elsewhere.

Uplift meets all of the criteria above. We want to help you get through this, which is why we strive to be the best legal funding company.

If approved for funding in New Jersey, how quickly can I get my funds?

The day you are approved is often the day you receive your funding. Uplift wants to help you get your cash advance as soon as possible. Therefore, your pre-settlement funding will be transferred to you as soon as the same day you are approved. Because approval can happen in as little as 24 hours, Uplift can get you your cash advance in as little as two days!

Uplift offers two paperless forms of cash deposits and one paper form. The paperless versions are as follows:

1. Wire transfer
2. Western Union

The one paper option we have is an overnight check via mail.

Personal injury claims filed in New Jersey

Uplift provides pre-settlement funding for most New Jersey personal injury cases. A few examples include:

• Workplace claims (FELA, Jones Act, etc.)
• Car accident claims
• Dog bite claims
• Defective medical device claims
• Medical malpractice claims
• Slip and fall claims

For a full list of claims we fund, click here.

Personal injury firms in New Jersey

Uplift can only provide pre-settlement legal funding after you have an attorney.

If you are having difficulty finding one, Uplift has compiled a list for you.

Each of the law firms below has high ratings and positive reviews online:

Todd J. Leonard Law Firm
Address: 3010 Route 10 West, Denville, NJ 07834. Phone: (973) 355-7932. Specialties: Slip and fall, car accidents, serious injury, Uber accidents.

Grossman Law Firm
Address: 57 Schanck Road #C-13, Freehold, NJ 07728. Phone: (732) 491-8719. Specialties: Motorcycle accidents, dog bites, medical malpractice, product liability.

Lependorf & Silverstein, P.C.
Address: 4365 US Highway 1, Suite 104, Princeton, NJ 08540. Phone: (609) 429-5849. Specialties: Workers’ compensation, wrongful death, truck accidents, bicycle accidents.

Rebenack Aronow & Mascolo L.L.P.
Address: 111 Livingston Avenue, New Brunswick, NJ 08901. Phone: (732) 247-3600. Specialties: Construction injury, pedestrian accidents, defective drugs, slip and fall.

Why New Jersey residents choose Uplift for lawsuit loans

Most people from New Jersey choose Uplift for three reasons:

1. Quick and easy process
2. Rate transparency
3. No credit check

Uplift offers a quick and easy application process. The entire funding process is digital, which eliminates the fear of lost mail or having to fill out a bunch of paperwork.

Uplift is always transparent about its interest rates. We even offer a lawsuit loan calculator that can help you understand the approximate cost of funding from Uplift Legal Funding. Because our rates are non-compounding, we only charge interest based on the original funding amount.

Uplift Legal Funding grants funding based on the quality of your lawsuit. Our personal injury case managers never check your employment history or credit score. When applying for lawsuit settlement funding with us, you never have to worry about your credit score disqualifying you from a lawsuit loan.

Next Steps

Uplift Legal Funding provides non-recourse lawsuit loans on personal injury claims. We do our best to make sure your life isn’t derailed by a lawsuit. If you are interested in legal funding or need cash now, apply online or give us a call at (800) 385-3660.