Getting into a serious car accident can throw your life off course. Dealing with mounting medical bills, lost wages, rental cars, and the stress of recovery, all while waiting for your lawsuit to play out, can be both emotionally and financially overwhelming.
If you’re pursuing a personal injury claim after a California car accident, you may be wondering how to stay afloat financially while your case is still pending. Pre-settlement funding can give you access to a portion of your potential settlement before your case concludes, providing crucial breathing room when expenses start piling up. (Note that this is sometimes incorrectly referred to as a “lawsuit loan” but, unlike a loan, this type of funding doesn’t require repayment if you don’t win your case.)
Discover how pre-settlement funding in California works for auto accident cases, what kinds of injuries and claims qualify, and how you can tell if you’re eligible. We’ll also explain how Oasis Financial stands out as a pre-settlement funding company in the state.
Types of Injuries That Typically Lead to Compensation
Not every car accident results in a personal injury claim that qualifies for pre-settlement funding, but when your injuries are significant, this funding option becomes more feasible. Some of the injuries to watch for include:
- Whiplash, neck or back injuries (especially those needing physical therapy or treatment over time)
- Broken bones, fractures, or reconstructive surgery
- Soft-tissue injuries that require ongoing care (e.g., shoulder, knee, hip)
- Traumatic brain injury (TBI), concussions, or head injuries
- Spinal cord injuries or nerve damage
- Permanent disabilities or impairment that affect your ability to work
What to Look For
What you want to look for is whether your injury is serious enough that you’re either out of work, facing long-term treatment, or seeing a significant change in your lifestyle. If so, litigation becomes a realistic path, and pre-settlement funding can be a tool you use to maintain financial stability during that process.
Some case examples that would have a high chance of qualifying for funding because the injury and case severity line up with what funders are looking for might include:
- A California car wreck on the 110 Freeway in L.A. leaves the plaintiff with neck pain and needing physical therapy for months.
- A multi-car collision on Highway 101 near San Francisco causes the plaintiff to miss work while they heal.
- A chain-reaction accident in San Diego results in the plaintiff having to get knee surgery and being out of work with no income for several weeks.
