A Quick Six Step Process To Determine If Lawsuit Funding Is Right For You

Being injured in an accident is a traumatic experience. That period between filing a lawsuit and reaching a settlement can be months, even years. The financial problems that result from injuries, being unable to work, and delay tactics can be devastating. If you are in the middle of an ongoing personal injury lawsuit, lawsuit funding may be able to give you financial leverage to withstand the litigation process. But, what does it take and is it right for you?

Step One: Retain a personal injury attorney, if you have not already done so. You must be represented by an experienced attorney to obtain lawsuit funding. 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.

Step Two: Do your homework. Look for a well-established legal funding company with a long history of success, even in difficult times. Compare rates, fee structure and terms of the contract; the lowest rate may not always be the best deal. Most reputable legal finance companies will offer a no-fee, no-obligation consultation.

Step Three: Once you have selected a funding company, complete an online funding application or call their office. The application should be quick and easy, requiring name, phone, address, and qualifying questions about your case, such as attorney’s name, type of case, date of the accident, injuries incurred, and the date the lawsuit was filed.

Step Four: After your application is received, the funding company will contact your attorney for case documentation. Once this documentation is received, the underwriters will review the merits of your case. There is no need for credit checks or employment verification because the funding decision is based solely on the strength of your case.

Step Five: If approved, you and your attorney will sign a contract. It is important to review the details of the contract with your attorney to make sure you clearly understand the terms and conditions. Once signed funds can usually be wired into your bank account or sent overnight mail within 24-48 hours.

Step Six: Pay your bills and wait for your attorney to achieve the best possible settlement. You owe the funding company absolutely nothing until your case successfully settles, at which time repayment will come from the proceeds of your case. Best of all, funding is provided on a non-recourse basis, meaning that if you don’t win your case, the repayment is completely waived.

If you believe lawsuit funding would be a valuable service for you and your case, contact Lawsuit Financial. Let us bridge the gap between your lawsuit filing and lawsuit success.

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.