Tuesday, December 8, 2015

Frequently Asked Questions About Lawsuit Funding



How can your lawsuit funding help me?
No plaintiff should be forced to settle early, for too little, due to financial hardship. Lawsuit funding is a cash advance to assist plaintiffs with immediate expenses while waiting out a long litigation process.

Is lawsuit funding a loan?
Although lawsuit funding is sometimes referred to as a lawsuit loan, this type of financial transaction is not a loan in the traditional sense. With a loan, you are responsible for repayment, usually via monthly payments, regardless of your situation. Repayment of a lawsuit cash advance is only made once the case successfully settles.

What if I don't win my case?
Lawsuit funding is provided on a non-recourse bases. If you do not win your case, you are under no obligation to pay back the cash advance. The money is yours to keep.

What are the eligibility requirements? What states do you offer funding?
To be eligible for lawsuit funding, you must be have suffered serious injury due to the negligence of someone else, have attorney representation and a strong case with merit. We provide funding nationwide.

What if I don't have an attorney yet?
If you have not retained an attorney to handle your case, Lawsuit Financial can assist you in finding the best attorney available in all 50 states. This is a free service, with no obligations.

What type of cases are eligible for funding?
Almost any personal injury case is eligible for lawsuit funding. We have funded auto accidents, trucking accidents, product liability cases, nursing home negligent cases, medical malpractice, and more. Visit our website for a complete list.

Are there upfront fees or monthly payments?
There are no upfront fees, monthly payments, or out-of-pocket expenses of any kind. Repayments is only due after the case is settled and your settlement payment has been received.

How long is the application process? If approved, how long does it take to receive the money?
We offer a quick and easy application online or over the phone. It should take less than five minutes to complete. Once we receive and application, we request case documentation from your attorney to determine funding. If approved, we can usually wire transfer or overnight mail the funds within 24 – 48 hours.

Are there conditions on how I use the money?
The cash advance can be used anyway you wish, although it is recommended that they be used for necessities – paying the mortgage/rent, auto payments, medical expenses, and daily household needs such as putting food on the table and paying utility bills.

Do you get involved in my case? Do you keep my information confidential?
We are not involved in the legal proceedings of your case in any way. All decisions concerning your case are made by you and your attorney. All information that is provided to us is kept strictly confidential. Case information is only used for the purposes of evaluating your funding eligibility and making a funding decision. We do not disclose information unless directed by you, your attorney or a lawful court order or subpoena.

Are your bills piling up waiting for your lawsuit to settle? Let Lawsuit Financial give you the time to fight your case for the compensation you deserve. Call us toll-free at 877-377-7848 for a free  case funding evaluation or to apply for a lawsut cash advance.

About Lawsuit Financial
Lawsuit Financial Corporation is an attorney owned and operated full service legal finance company recognized by attorneys nationwide as a preferred choice for legal funding services. Mark Bello, CEO and General Counsel, is recognized as an expert in this field, both as an underwriter of these transactions and as an advocate for appropriate treatment of plaintiffs/clients in this industry and in litigation. For more information, visit www.lawsuitfinancial.com.

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