Civil lawsuits are notoriously time-consuming and expensive. Even reaching a negotiated settlement in a legal claim can take months — or longer if the insurance company drags its feet. This is often problematic for plaintiffs who are hurt and unable to work, especially if they are mostly or solely responsible for supporting their families.

Thankfully, Oasis Financial provides several types of lawsuit funding for plaintiffs ensnared in protracted court proceedings. Among other things, we specialize in the provision of lawsuit loans or pre-settlement funding for cash-strapped clients in pending or ongoing personal injury cases. As long as you are represented by a lawyer, we can help you find the right solution for your situation.

Pre-settlement funding

In our experience, we often find that injured plaintiffs in pending or ongoing litigation need cash to cover various expenses until their legal claim is resolved in or out of court. Pre-settlement funding is a cash provided in advance of  the court judgment or settlement in the case.

It may be a good option for you if:

  • You have been victim to an accident that’s not your fault
  • You are the plaintiff in a pending or ongoing personal injury case
  • You are represented by an attorney
  • Your legal claim is taking a long time to settle
  • You are struggling with debt due to living and medical expenses

Because pre-settlement funding is not like a conventional loan, and because we base funding decisions on the strength of the case, your credit rating is not a determining factor. And unlike a traditional loan you do not need to repay us immediately. We deduct the principal amount funded plus any applicable fees from your court judgment or settlement. You do not have to worry about using high-interest credit cards or personal loans from the bank.

Cases we fund

Personal injury cases can take time to settle. Oasis provides financial assistance while your attorney sees your case through to the end. Our experienced team works to get you fast and fair pre-settlement funding for a wide variety of legal cases.

Auto Accidents and Road Traffic Injuries

  • Motor Vehicle – It doesn’t matter if it is a fender bender or head-on collision; motor vehicle accidents often stem from careless driving. Aggressive driving, distracted driving, DUI or DUI-drugs often have catastrophic consequences. These accidents involve all sorts of vehicles, ranging from small passenger cars to large semi-trucks, and can include both injured drivers and passengers. Motorists at fault in personal injury accidents may be held responsible for a plaintiff’s medical bills, prescription drug costs, and compensation for lost income.
  • Passenger Injury –Clearly, passengers have no control over what happens while they are riding in motor vehicles. This makes them susceptible to fatal, catastrophic or serious injuries in traffic collisions. Although these occupants may be hurt in any type of crash, they are especially vulnerable in head-on or T-bone type collisions. Common injuries include head and neck trauma, traumatic brain injury (TBI), spinal trauma, lacerations, and fractures. Injured passengers generally have the same type of legal recourse as other car accident victims.
  • Pedestrian Injury — Pedestrian injuries happen all too often and are usually caused by unsafe conditions. They also stem from collisions with motor vehicles, motorcycles, bicycles, scooters, or skateboards. An injured pedestrian who can prove that the accident stemmed from someone else’s negligence can sue the responsible party or his or her insurance company for damages. These losses usually include medical bills, prescription drug costs, and lost income.

Workers’ Comp and Workplace Negligence

  • Construction Negligence – Injured construction workers or other parties make construction negligence claims following certain accidents. These accidents are usually caused by dangerous construction sites, improper equipment and/or training, faulty machinery, and other treacherous work conditions. If a construction worker gets hurt at work, his or her employer may be liable for a plaintiff’s medical bills, prescription drug costs, and compensation for lost wages.
  • FELA (Railroad) – The Federal Employer’s Liability Act (FELA) is similar to Worker’s Compensation. It provides reparations for railroad workers injured on the job. Most workers employed by railroad companies, enjoy this coverage, even if they don’t work on or near trains. The level of carelessness exercised by the railroad, an employee thereof, or a manufacturer that the plaintiff must show under FELA is actually less than “no fault” Workers’ Comp. However, FELA requires a higher burden of proof than Workers’ Comp. This means FELA litigation can last much longer.
  • Jones Act (Maritime) — The Jones Act protects maritime workers who are accidentally injured at work. Sailors can be compensated for losses stemming from negligence. Claimants must prove that their employers were negligent or “at fault,” similar to the standard used in Worker’s Compensation cases.
    However, “comparative fault” is also a factor in Jones Act cases. If the employer can prove that the plaintiff’s actions contributed to or caused the accident, compensation reduced accordingly.

Premises Negligence (Slip and Fall) and Other Injuries

  • Civil Rights – Civil rights claims stem from discrimination based on age, disability, pregnancy, race, religion, gender, and gender identity or expression, sexual preference and more. These claims also stem from different types of harassment. While discrimination or harassment may not cause physical injuries, they can cause significant stress and psychological damage for the victim. This in turn may make it difficult, if not impossible to perform at one’s fullest potential, resulting in a lack of career advancement and lost income.
  • General Negligence – Plaintiffs file this type of claim when they are injured due improper care of property and/or possessions. These claims cover incidents including but not limited to animal bites, amusement park injuries, bicycle and pedestrian accidents, and homeowner and nursing home negligence.
  • Wrongful Death – Family members or representatives of the deceased person’s estate file this type of legal claim. They do so when there is reason to believe that negligence caused or contributed to the death. Wrongful death claims help grieving loved ones get justice, are most often associated with medical malpractice, fatal car accidents, or when someone is intentionally killed.

Assumption of risk

Because we assume significant risk when we provide pre-settlement funding, we try to fund the strongest cases. These are the cases with the best chance of being resolved with a favorable settlement or judgment.

During the application process we also estimate what your case is worth. This determines the amount of the funding. The amount provided is a percentage (usually 5 to 10%) of the entire value.

These terms, along with terms governing the application and calculation of relevant fees, are included in the funding agreement governing such business transactions. This agreement also specifies what will happen if your final judgment or settlement is not enough to cover the funding amount and fees after any other deductions.

You and your lawyer will get a copy of this agreement after we approve the application, but before you can accept the pre-settlement funding.

Other services we provide

Oasis Financial also provides the following products and services:

  • Funding for structured settlements – Plaintiffs sometimes receive structured settlements. These are smaller payments disbursed over time once the case is finalized. If you received this type of settlement, Oasis may be able to help you get money sooner.
  • Inheritance/estate funding– Learning that you have received an inheritance from a known or even a long-lost relative is exciting, especially if it is a significant amount of money. But that excitement can be short-lived if the estate is tied up in probate. If you need the money quickly, Oasis inheritance funding may be a viable solution.
  • Help finding legal representation – People often think that representing themselves in court will save time and money. In reality, most people do not have the knowledge, skills or experience needed to prevail in complex cases. Furthermore, you must be represented by an attorney in order to receive pre-settlement funding. Because we have a vast network of resources, we can help you find legal professionals to provide advice on your specific situation.

Contact us to learn more about how Oasis Financial can help you today.

To learn more about how we can help you access the resources or legal funding you need, contact us toll free at (877) 333-6680 anytime.

Don’t see your situation? Call today at (877) 333-6680 to confirm if Oasis can provide assistance.

Oasis provides pre-settlement funding, also known as consumer litigation funding, to its customers through different products depending on their state of residence or cause of action. Many consumers will be provided pre-settlement funding in the form of a purchase agreement, which assigns a portion of the pending proceeds from their legal claim. Other consumers, such as those in SC and CO will be offered a funding in the form of a pre-settlement loan, sometimes referred to as a lawsuit loan. These transactions have important differences, therefore, consumers should carefully review and be aware of the type of transaction that is offered to them by any funding company.