Lawsuit Cash Advance

A lawsuit cash advance can be beneficial in many ways. Cash advances on settlements grant you access to your money quickly, unlike loans. The funds can be used to pay for various expenses such as medical bills, mortgage or rent, and vehicle repairs. You can receive an advance on your pending settlement payment by applying for a lawsuit cash advance through The Legal Funding Group. We provide financial services for plaintiffs and attorneys tailored to suit their needs.

An individual can apply for a lawsuit cash advance during any stage of a lawsuit. When an attorney is representing the injury victim, the plaintiff may be eligible for funding if:

• A claim was filed with the insurer.
• The plaintiff’s demands were submitted to the insurer by an attorney.
• The plaintiff’s bills and medical records can be appropriately evaluated.
• The case is in a pre-litigation stage. A complaint hasn’t been filed against the insurer.
• The case is still in the early steps of litigation and discovery.
• The lawsuit settled before going to trial, but the insurer hasn’t paid on time.
• The case went to trial, and the verdict is in the victim’s favor, but the insurer hasn’t paid the claim yet.
• Litigation hasn’t started yet, but medical treatment and property damage repairs are finished.

Application: You will provide us with some basic information about yourself and the lawsuit, the name of the lawyer who is representing you in the case, and their contact information.

Approval: Prior to approval, we will communicate with your lawyer, and he or she will send over the documents the underwriter needs as part of the evaluation process.

Cash Advance: Our staff will formulate a contract after your application is approved. Your cash advance will then be provided to you against your projected settlement.

Your chances of receiving a cash advance have nothing to do with your personal financial history – it’s about the merits of your case. The stronger they are, the better chances you have of receiving funding. There are a couple of basic qualifications that are unique to each case.

Our case managers review the following factors:

Damages: To receive a cash advance on a pending settlement, you must have sustained some type of economic or bodily damage. These damages can include physical injuries such as whiplash or bone fractures or economic damages, including lost wages. We may ask for a plaintiff’s medical records to get a general idea of the type of treatment you have had and/or any medical liens included as part of their treatment costs.

Insurance: We will often assume that your maximum case value is the sum of relevant insurance coverage. Our underwriters will ask your attorney if you have UIM coverage if you are in an automobile accident, as well as the policy limits of the defendant’s insurance coverage.

Liability: The defendant must have been liable and responsible for any injuries you sustained. To win a settlement, you must be able to prove that they were at fault by showing that their negligence caused you to become injured. The liability is clear if the defendant rear-ended your car, thus increasing your likelihood of being approved for a cash advance. A police report determines who is at fault in most traffic-related accidents, but police officers aren’t always correct in their assumptions. For slip and fall or premises liability cases, a witness statement or an incident report can establish a defendant’s liability.