Settlement funding is a way for parties with a pending lawsuit to obtain lawsuit money before their case is resolved. Funds can be received as soon as an attorney has been hired and a lawsuit is filed.
The amount that plaintiffs can borrow begins at $1000 and typically can be as high as $500,000. The money can be used for anything, with many people using the pre settlement funds for things like:
- Medical Expenses
- Therapy and Treatment
- Mortgage payments
- Rent payments
- Unexpected Bills
There are no limits imposed on how the money is spent by the client. This is essentially like receiving a portion of the settlement in advance. Plaintiffs can typically borrow up to 10% of the estimated case worth.
Due to a conflict of interests, attorneys are not allowed to lend their clients money, even for surgery funding. This is why engaging a settlement funding company is the better and more ethical option. The lending company has no interest in your case and cannot influence the outcome in any way.
When applying for settlement funding, some important pre requisites are:
- That you obtain legal representation
- Have filed a lawsuit
- Have a case that qualifies
- Be in a state that is eligible for lawsuit loans
- Let your attorney know that you have applied for lawsuit funding
As soon as all of the above things are done, you will be able to apply for lawsuit settlement funding. The next step is to contact Case Cash via an online settlement funding form or call directly at 1-866-703-2274. We will take a quick application and begin the application process.
Once we have received details from your attorney and you fax back a form to us, you can expect to get your money within 24 hours. This process can be extremely fast and hassle free.
Case Cash will also provide you with a schedule of what you will owe us, broken up into quarters. You will always have a clear and transparent view of the loan repayment amount. If you do not win the case, there will be nothing to repay – this is guaranteed.
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