Victims of Crime Settlement Loan
Have you been the Victim of a Crime?
If you have been a victim of crime, you may be eligible for a victims of crime settlement loan. If you have a separate compensation claim against an insured organisation together with solid legal representation, then apply for a loan with us today.
You might qualify for compensation in the form of financial assistance under your State Government’s criminal injuries compensation scheme and note the Queensland Government offers up to $75,000 and other support services for victims of crime.
You must show that:
- You are directly injured as the result of a crime.
- You have suffered physical or psychological injury resulting from a crime.
- The crime has been reported to the police, a registered medical professional or a family/ domestic violence worker.
- The crime has been committed in the last three years in Queensland (unless it was a sexual offence by a teacher, religious leader, employer or another person of power.
- You are a victim or relative of a victim of crime.
States other than Queensland provide different levels of compensation and different rules may well apply. The actual process can be quite a lengthy one and while waiting for a resolution life goes on with bills that need to be paid etc and that’s where we come in.
Lawfunder offers victims of crime settlement loans to help people like you during this difficult period.
You need to meet the following criteria:
Number Lending Criteria
1 You must be 18 years of age or older.
2 You have a lawyer working on your case on a No WIn No Fee basis – Firstly, having already hired a lawyer shows that your case is serious. We work directly with your lawyer, so they need to already be invested in the case. Second, by operating on a No Win No Fee basis, your lawyer is giving a professional seal of approval that your case is strong.
3 You’ve suffered a significant injury – If you have only suffered minor injuries, your compensation award will not be high. and may mean you will not have enough money to repay the loan. We will only lend money where we can conservatively estimate a sufficient compensation value to your injuries and loss.
4 The amount of damages will be sufficient to repay the loan, fees and interest, after payment of any government agency refunds, and your legal fees and expenses.
5 The other party must be liable ie at fault – We can only lend to plaintiffs with a strong case ie where someone else is primarily to blame. If there is confusion over who is at fault, we may not be able to approve you.
6 You have a legally worthy claim against an insured or self-insured person or entity
We understand the trauma that you’ve been through and try to make the process of obtaining financial assistance, as quick and painless as possible.
Victims of Crime Statistics
Did you know that an estimated 8 million Australians (41%) have experienced violence (physical and/or sexual) since the age of 15, including:
31% of women and 42% of men who have experienced physical violence
22% of women and 6.1% of men who have experienced sexual violence
How Much Can I Borrow if I apply for a Victim of Crime Settlement Loan?
Lawfunder can offer you a short term victim of crime settlement loan to help tide you over. The amount of the loan will depend on the particular circumstances of your legal claim for compensation.
NEXT STEPS | LAWFUNDER INJURY LOANS |
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APPLY ONLINE | |
WE GET INFORMATION ABOUT YOUR COMPENSATION CLAIM FROM YOUR LAWYER | |
WE REVIEW YOUR APPLICATION | |
IF APPROVED, YOU GET CASH WITHIN 24 BUSINESS HOURS |
If you have questions, you can learn more here.