Cases of sexual abuse are now openly discussed and revealed by victims against their perpetrators. These abuses can happen state youth facilities, workplaces, universities, camps, rehabilitation centers, foster homes, nursing homes, or churches. Similarly, these inexcusable crimes are increasingly being reported against sexual offenders of all age groups.
If you have a sexual abuse survivor and have a pending lawsuit, you may be able to qualify for a personal injury loan for your case before it settles. Baker Street Funding can provide you with the funds you need while you wait for your cash settlement.
Read on to learn more about sexual abuse lawsuits and how lawsuit loans can benefit your financial situation.
What is sexual abuse?
Sexual abuse can take several forms, including inappropriate touching, fondling, uncomforting comments, assault, and rape.
These are offenses liable to be tried at criminal law but can also be taken to civil courts if the victim wishes to claim compensation for damages for psychological injuries.
Unlike other personal injury lawsuits, cases of sexual abuse are more critical and sensitive, whereby details of the claimant and the occurrence are confidential and to be kept concealed. As unfortunate as it can be, more than 54% of these cases aren’t reported to the police.
Even other than habitual offenders, the perpetrators are often devious people looking to exploit naive victims and easy targets. They are known to come up with shrewd strategies to negate all contentions that they have committed any alleged abuse at all.
Injuries and damages.
Sexual abuse cases mainly do not result in physical injuries or harm. However, the mental trauma, suffering, and lifelong inflictions engraved into the victims’ memories result in significant psychological hardships. Victims are forced to live with this trauma all their lives, which causes enjoyment of life to diminish severely.
Struggling with mental trauma and emotional instability post an event of sexual abuse, victims are in no situation to continue living a normal life. With that being said, the odds of having an absolutely healthy state of mind are next to none. In such a case, most victims of sex abuse are discouraged from filing lawsuits against their abusers due to financial constraints.
On the other hand, in order to succeed in this type of litigation, victims are required to go about with their legal proceedings in a cautious manner, gathering any and every chunk of evidence there is in order to establish their claim beyond a reasonable doubt.
How a sexual abuse pre-settlement lawsuit loan can help.
Pre-settlement funding programs offered by lawsuit loan companies provide short-term ‘financial relief’ that helps sex abuse victims buy peace of mind during the pendency of the lawsuit. Lawsuit loans are non-recourse, meaning there is no risk. Moreover, there are no monthly payments, no credit score checks, and no income verification.
Similarly, your attorney will repay the principal borrowed amount and minimal interest rates to the pre-settlement funding company only if you win your case and receive monetary compensation. In the same way, if your case does not succeed, you will owe nothing, and you will walk away without any liability to yourself.
Qualification for a lawsuit loan
To qualify for pre-settlement personal injury loans for sexual abuse cases, you need to have your lawyer’s approval and full cooperation with the legal funding company. Amongst that criteria, you must also be 18 or more years of age, and your lawsuit has to have merits of $50,000 or more.
If you qualify for legal funding, you can receive an instant cash advance against your sexual abuse lawsuit to spend on your daily expenses or urgent bills. Legal funding is provided so that the victims do not have to worry about bread and butter and are not forced into accepting an undervalued settlement amount.
Types of sexual abuse cases we fund
At Baker Street Legal Funding, we provide lawsuit loans for a variety type of sexual harassment and abuse claims, such as:
- YDC sexual abuse
- Sexual harassment and rape in the workplace
- Sexual assault in universities
- School abuse
- Abuse and harassment in a commercial building.
Apply for a personal injury loan against your sexual abuse lawsuit.
Pre-settlement funding is an attractive solution for people who have been sexually abused that face cash flow problems and can these challenges can be resolved by simply applying for a lawsuit loan online.
If you are a plaintiff seeking legal funding for a sexual abuse lawsuit, you can apply for a lawsuit loan by contacting (888) 711-3599.