Injury Help Center

Frequently Asked Questions

What is a pre-settlement funding or lawsuit loans?

Pre-settlement funding, also known as a lawsuit loan, provides plaintiffs with the immediate financial help they need while waiting for their personal injury lawyer to resolve their case.

How would a lawsuit loan help me get more money from my case?

Often the defendant or their insurance company will attempt to settle the case early by offering the you far less than what the case may actually be worth. The legal process can many months and years to resolve. You may need money sooner to help pay medical bills or day-to-day living expenses. You may feel pressured to take an earlier settlement for less money. With a lawsuit loan this eases your immediate financial needs and allows your personal injury lawyer time to fight your case for a fair settlement.

What are the benefits of a lawsuit loan?

A lawsuit laoan will help replace lost income to cover your emergency living expenses and pay medical bills while you wait for your persona injury, medial malpractice or wrongfull death case to settle.

Will my case qualify for a funding advance?

We consider each request for funding on a case-by-case basis. We will thoroughly review your case, and our underwriters will make a decision within 48 hours of receiving the required documentation from your peronal injury attorney attorney.

What amount can I apply for?

The minimum is $1,000 and the maximum is $100,000. The amount you qualify for is determined by the facts and strength of your case.

Is good credit necessary?

We do not use your credit to underwrite your funding.

Do I owe any up front out of pocket fees or costs?

Absolutely not! All payments are due at the time the case is settled and the check is issued by your attorney.

What does non-recourse mean?

It means that payment of the advance funding is only required if you win your case or reach a settlement. Should you fail to reach a settlement you owe NOTHING. We are investing in your case and we share the risk with you.

What happens if I lose my case?

You owe absolutely nothing in return!

How is a funding advance different from a lawsuit loan?

Loans must be repaid and according to the terms of the contract. Loans are made based on your credit and employment history and ability to pay them back. Lawsuit funding is NOT based on your credit history or employment, and there are no up-front fees and no monthly payments. Your payment for the service is in one lump sum payment from the proceeds of your lawsuit settlement.

How much money can I receive on a lawsuit advance?

The amount of money you can receive depends on the estimated value of your claim and its chances for a favorable outcome.

How much can I expect to pay for a lawsuit advance?

Rates are based on several factors, including the amount of the lawsuit advance, the level of risk associated with your case, and the estimated time for the case to settle. The risk premium on a lawsuit advance will always be higher than the interest rate on a conventional loan.

Is lawsuit funding more expensive than a bank loan?

Yes. A bank loan will cost you less, but it has to be repaid regardless of the outcome of your case, and you will have to make monthly payments until your lawsuit is resolved. Banks do not make lawsuit funding advances.

What can I use the funding for?

Your funding is for you to use as you please. There are no requirements for you to follow incur documents. However, using the cash for living and medical expenses will help give your attorney time to win your case and on settle to soon.

How long does it take to receive a lawsuit advance?

We cannot evaluate your request until we receive documentation from your personal injury attorney so we can thoroughly review your case. However, once we have the documentation we will evaluate your request immediately and make a decision within 48 hours.

What is an Out-Of-Court settlement?

Many wrongfull death,medical malpractice and personal injury lawsuits are settled out of court when all parties to the lawsuit agree on a resolution to the dispute. This usually involves the defendant compensating the plaintiff for his or her damages without going to trial.

Do we  participate in your lawsuit?

We do not participate in your lawsuit in any way whatsoever

Can I receive lawsuit funding if I have already received money from another lawsuit funding company? 

As long as your case has sufficient value, your case will be considered for funding.

If you have any questions which are not covered here please send us an email or give us a call to answer your questions…… Contact Us