Lawsuit Financing – How does it work?
Lawsuit financing from Lawsuit Financial provides you with the money you need now while your case proceeds through the court system in your State. In most cities and States, this can be a very long ordeal, indeed. Your lawyer will have to face a "deep pocket" defendant, usually an insurance company, who knows how to play the litigation game, knows how to grind the process out or even to a halt, someone who can deliberately stretch your finances to their absolute limit. Lawsuit financing can ease your financial burden and reduce the pressure to settle too early and too cheap.
You can begin the application for litigation finance in one of two ways.
You can complete and submit the application on this site.
Or, call one of our friendly Lawsuit Financial pre-settlement funding specialist for free advice. The call is toll free at 1-877-377-SUIT (7848) and the advice is priceless.
Essential Steps to Getting your Lawsuit Funding
Once you've applied for lawsuit funding online or by phone, we will fax a request to your attorney for the records necessary to qualify your case . We will handle the entire process.
We will, typically, request the following documents:
- Retainer agreement-The document you signed to hire your attorney
- Completed Attorney Questionnaire (Your attorney completes this for us)
- Police or incident/accident report
- Proof of defendant's insurance and coverage limits
- Select Medical records, reports and/or bills
- Other relevant case-specific documents
After we receive the documents we need, we will make a funding decision within 24-48 hours. Funding is based upon case strength; a professional evaluation of the probabilities that the case will settle successfully or has good potential to win at trial.
Receiving Your Plaintiff Funding
Once we've reviewed your file, one of our pre-settlement funding specialists will contact you by phone. Assuming you are approved for lawsuit funding, pre-settlement funding or post settlement funding, we will advise you of the amount of legal funding you have been approved for.
If you accept our offer, we will prepare and email or overnight a Case Investment Agreement to you or your attorney. Both of you need to read and sign the Agreement where appropriate (your attorney signs only an acknowledgement of our case proceeds lien on your case).
When the agreement is returned to our office, we will wire the approved funds to whatever account you direct us to, or provide a check by overnight delivery for your settlement funding or pre-settlement funding.
The sooner we receive the Case Investment Agreement, the sooner you'll receive your lawsuit funding advance. We provide same day wire service or next day check delivery
The entire case funding process can take as little as 24 hours, in some circumstances we can even provide "Same Day" service depending on your lawyer's cooperation level or previous relationship with our company.
As your case progresses, you may need another lawsuit cash advance or lawsuit funding. you can make another request for additional settlement funding or pre-settlement funding at a later date.