Lawsuit Funding Cash Advance
Lawsuit Funding Cash Advance is a national full service legal funding firm serving both attorneys and their clients. We understand your situation and we strive to tailor a financial solution that will meet your specific needs.
Litigation financing can reduce financial stress and hardship that results from being in a lawsuit. Our service can empower you to “win the waiting game” and get the settlement you deserve.
Is Lawsuit Funding For Me?
Lawsuit funding isn't for everyone. One should turn to lawsuit funding as a final alternative. This does not mean that you shouldn't get lawsuit funding. On the contrary, in today's economy it has become more difficult for people to borrow money from alternatives such as banks leaving many injured parties in despair. And unlike the money you would borrow from a bank, money that you borrow from us would not be considered a loan. Instead it would be an investment into your lawsuit. Many plaintiffs borrow money to continue medical treatment which could potentially get plaintiffs the most of out their lawsuits. Others borrow money as they are unable to work due to their accident and need the money to pay for their basic needs. We offer our plaintiffs a non recourse cash advance which means that you ONLY pay us back if you win your settlement. This gives many plaintiffs a peaceful state of mind because they do not have to worry about repaying us in the event of a loss. So although lawsuit cash advances may not be the first alternative for many plaintiffs, it has many benefits that may outweigh other funding solutions such as loans.
Am I Personally Liable for Cash Advance if the Lawsuit does not Settle?
This is a non recourse loan, which means that in case you lose your case, you keep the money advanced to you and owe absolutely nothing in return. This is not a personal or a bank loan, the cash advance is against your lawsuit and nothing else.
Other FAQsWhat types of cases do you fund?
We fund virtually any type of case in which you have been injured due to another insured party’s negligence, have provable injuries and have hired an attorney. Examples of cases we have funded include injuries pertaining to railroad lawsuits, car accidents lawsuits, medical malpractice lawsuits etc. For a more complete list, please see Types of Cases.
Is this a loan?
No, this is not a loan. Often it is referred to as litigation financing or attorney loans, but it is actually an advance on the future value of your case. Unlike a loan, if you lose your case you owe nothing in return! Legal funding is a way to focus on your case without the burden of coping with the financial burden or waiting for the case to settle to receive your settlement. We don’t just give you money, we invest it in the future of your lawsuit.
Are there any upfront fees or costs?
Absolutely not! All payments are due at the time the case is settled and with a check from your attorney.
Is this expensive?
Even though we can offer you some of the lowest rates in the industry, lawsuit loans are expensive when compared with many other forms of financing. Accordingly, we highly recommend that you first try less expensive resources such as banks, credit cards or family and friends before trying our service. Think of our service as last resort legal funding.
Am I eligible for your services?
If you have a case and have hired an attorney you can be considered. To find out, simply fill out the application or call us toll-free at 1-888-801-0656. We will consider almost any type of case.
How long does it take?
After we receive the necessary information pertaining to your case and if deemed eligible we can have your approval within 24 hours.
What can I use the money for?
The money is used at your own disclosure; however, we do not endorse the use of money for frivolous or illegal purposes.
What happens if I lose my case?
You owe absolutely nothing in return! If you lose your case or settle your case for less than the amount given to you, you will not have to pay any out of pocket fees. If your case is lost, then you owe us absolutely nothing. If you settle your case for less than the amount advanced to you we will work with your attorney and receive a lesser amount than what you owe. The process is simple and risk free.
Can you fund my workers compensation case?
We can secure you funding against your workers compensation case in most states. Please call us toll-free at 888-801-0656 for a list of states we are currently funding in. Please note that we can get you funding for workers compensation third party cases in all but a few states. A third party case is a case in which you are suing another party in addition to your employer or your employer’s insurance.
Can I receive money if I have previously received funding from a different company?
As long as your case has sufficient value, we can fund.
What if I need more than one cash advance?
Lawsuit Funding will further evaluate your case at that time and in most cases will advance additional funds.
Is my case information kept confidential?
Yes, anything we receive from you or your attorney is used for a limited purpose of considering your case for a financial advance. We do not disclose information unless directed by you, your attorney, a lawful court order or a subpoena.
No Credit or Bad Credit? NOT a Problem.
Your advance is determined solely on the strength of your case.
Do I Have To Be Employed?
No. Your employment does not play any role in the decision pertaining the loan.
How much money can I borrow?
If you qualify, the minimum amount that you can borrow is $500 and the maximum is $1,000,000+. The amount you qualify for is determined by the strength of your case.
Do you get involved in my case?
We do not interfere in any way with your attorney’s handing of the case. All decisions pertaining to your case are made by you and your attorney.
Can you give me legal advice?
No. We are not attorneys and therefore cannot give you legal advice. We highly recommend you consult an attorney for any legal questions or advice and we also advise you to contact your attorney and inform him/her of your desire to enter into this type of transaction.
Is this legal?
Lawsuit advances are perfectly legal. Since we take the risk of no recovery, courts have continuously upheld that lawsuit advances are not loans and therefore are not subject to the parameters of loans.
What kind of Lawsuits are Eligable for a Cash Advance
TYPES OF CASES
Personal Injury Cases
- Motor Vehicle
- Pedestrian Injury
- Premises Liability (Slip & Fall)
- Product Liability
- Wrongful Death
- General Negligence
- Toxic / Harmful Environment
Malpractice and Medical Cases
- Nursing Home
- Pharmacy Negligence
- Breach of Contract
- Tortious Interference
- Age Discrimination
- Wrongful Termination
- Job Discrimination
- Lost Profits
- Sexual Harassment
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