Pre-settlement financing company Legal-Bay reports an increase in claims for damages following car accidents

Leading litigation finance firm reports an increase in car accidents during the summer season as many vacationers take to the roads.

CALDWELL, NJ, July 17, 2024 /PRNewswire/ — Legal-Bay, the pre-settlement funding company, says that now that the summer season is in full swing, car accidents are to be expected. With kids out of school, people are taking advantage of the warm weather to go on family vacations. Unfortunately, however, more cars on the road leads to more car, truck and bus accidents, which results in a large number of new accident reports. Legal Bay is already seeing an increase in claims for damages following car accidents and is warning drivers to stay alert behind the wheel.

Plaintiffs in car accident cases may need compensation to repair their cars and, in extreme cases, may need to pay medical bills. Legal-Bay is ready to provide settlement loans to plaintiffs who need cash now for their lawsuits involving car or truck accidents, bus accidents, motorcycle accidents, boating accidents, jet ski accidents, or bicycle or motorcycle accidents. Summer is expensive enough for parents trying to pay for camp, a family vacation, or general entertainment for the kids. Legal-Bay understands the need for extra money this time of year and is ready to help plaintiffs get the funds to help them get back to living their lives.

Chris JanishCEO of Legal-Bay, commented on the company’s commitment to supporting its customers: “Our insurers have been busy reviewing the high number of claims we have received over the past few months. Summer usually sees an increase in motor claims and Legal-Bay is ready to approve funding for each and every one of them. In the meantime, Legal-Bay urges drivers to be cautious out there.”

If you are an attorney or plaintiff involved in an ongoing motor vehicle litigation and need an immediate cash advance against an impending settlement, please visit Legal-Bay HERE or call toll free at 877.571.0405.

Legal-Bay offers cash settlements and lawsuit loans for all car accidents. However, Legal-Bay also handles all other types of cases including personal injury, construction accidents, medical malpractice, wrongful termination or imprisonment, dog bites, and more.

Their settlement loan funding programs are designed to provide immediate cash in advance of a plaintiff’s expected monetary award. While these legal funding applications are often referred to as settlement loans, loans for settlements, litigation loans, loans for litigation, etc., the funds for “litigation loans” are actually non-recourse. This means that there is no risk with litigation settlement loans because there is no obligation to repay the money if the recipient loses their case. Therefore, terms such as settlement loans, loans for litigation, loans for settlements, or litigation loan funds are not necessarily accurate because the “litigation loan” is not actually a loan at all, but rather a stress-free cash advance.

Legal-Bay is known by many as the best litigation funding provider in the industry due to its helpful and knowledgeable staff, and as one of the best litigation loan companies around due to its low interest rates and quick turnaround time – sometimes within 24-48 hours of receiving all documents.

To apply for a loan repayment program now, please visit the company’s website HERE or call toll-free at: 877.571.0405 where agents are available to answer any questions.

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