I wanted to share my experience and let others know that sometimes a pre settlement loan or advance is better than dealing with the stress and uncertainty of not making ends meet. I was a passenger in a car accident in New York while in college. I had a part time job to help pay for tuition and was a couple of years away from graduating. The driver lost control of the car in the rain and I ended up breaking my arm in three places. I had 12

In credit card debt due to a pending settlement?

hours of surgery the first time and two follow up surgeries over two or three years. With 23 screws and two plates in my arm going to school was difficult and trying to work while doing it was impossible.

I was fired from my job due to short term disability expiring and not being able to perform my ordinary duties. I was left with no choice but to use my credit cards and make minimal payments for tuition and books. It took a few years to settle and it was the most stressful time in my life. Just seeing those bills each month made me sick. I always had good credit and only making the minimum payment was frustrating. I had a legitimate injury, no fault and my life was seriously impacted. Why is the insurance company taking so long to pay the policy? My attorney said I had a good case but after my initial meeting I was not a priority. I was always told “these things take time.” That’s easy to say when you just need a few thousand to make ends meet. I never doubted my case would settle, it was a waiting game with the insurance and I was becoming desperate.

The case eventually settled shortly before court and it took me a few years to pay back my credit cards in full. I would have preferred to get a pre settlement funding advance than use my credit cards. A pre settlement funding is not like a loan, if you don’t win your case you don’t owe anything back. I could have paid my tuition and not paid anything back in the event I lost my case. That piece of mind was missing in my life at that time. It would have been worth paying a company back when I was sure my case closed instead of dealing with credit cards. The credit cards didn’t care about my situation and saw me as a risk despite my spotless history. Try asking your credit card for a credit limit increase and you have to tell them you are no longer employed. Friends were very helpful but I felt terrible asking them for money. I wish I had known about companies like Empire Settlement Funding back then.

*****With Empire Settlement Funding’s programs, you can get an advance on your pending lawsuit or settlement. All you have to do is pick up the phone or fill out the form to the right. THIS BETTER THAN A LOAN. ALL THE RISK IS ON US. IF YOU DON’T SETTLE YOUR CASE OR WIN YOUR LAWSUIT, YOU OWE US NOTHING.