LAWSUIT CASH ADVANCE FAQS
A lawsuit cash advance is money advanced to a plaintiff before their lawsuit is settled. This type of lawsuit funding is non-recourse, meaning that the lender bears all of the risk.
Here are some common questions and answers about lawsuit cash advance funding – also known as lawsuit loans or personal injury loans.
If I lose the case is there anything to repay?
No, there is absolutely nothing to repay if your lawsuit is not successful. This is the nature of a “non-recourse” loan
How much can I get?
Lawsuit cash advance amounts vary from anywhere as little as $500 to $500,000. This all depends on your case. Speak to a representative about your particular case by applying online or calling 1-800-795-9692
What is the benefit of a lawsuit cash advance?
The main benefit is that there is no risk to the plaintiff. There is nothing to repay if the case is not settled successfully and there are no repayments before the case settles. Also, there are no credit or income checks – the lawsuit cash advance is based only on the merits of the individual case.
Find out more about the Benefits of Lawsuit Funding
Can my lawyer lend me the money?
Due to the conflict of interest, lawyers are not allowed to lend their clients money.verify the facts of the case with any other company willing to give a lawsuit loan.
What Can a Lawsuit Loan be used for?
You can use the money for anything. This is your money and the lender has no input into what it is used for. This is the major difference between lawsuit loans and traditional bank loans that place restrictions on the use of the cash advance.
How long will it take to get my money?
he process can be as fast as 24 hours – depending on how quickly your documents are received. See the simple process here – personal injury financing.
Is a lawsuit loan better than a bank loan?
The major difference is that a lawsuit loan only takes into account the merits of your case, whereas bank loans have exhaustive application procedures and requirements
Who can apply for a lawsuit cash advance?
Anyone with a pending personal injury lawsuit is eligible to apply for a lawsuit cash advance.
What are the repayments?
There are no repayments whatsoever until the final settlement of the case. When the case settles, the lawsuit funding company is repaid from the proceeds.
What types of cases are eligible for a lawsuit loan?
A number of different types of lawsuits are eligible – motor vehicle accidents, bike accidents, slip and fall, personal injury, among others. Contact Case Cash to find out if your case is eligible
Yes. The plaintiff who receives the advance has full ownership of the amount advanced to do with as they please. The slow nature of the legal system makes these lawsuit loans a very attractive option to those who find themselves cash strapped but have a good case and want to wait for a fair settlement
How Can I Apply?
You can apply online or call Case Cash at 1-800-795-9692
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