Our application for a pre-settlement loan requires a simple online or phone application. It is a quick and easy process to get the pre-settlement cash advance you need quickly. We may ask for standard documents from you or your lawyers, and ask that you confirm the information is correct on the application. This is imperative so that we can contact you at a moment’s notice and send your funding to the correct place.
Contact Lawyer for Verification
Your lawyer is an important factor in the approval process for legal funding. Your attorney will be contacted prior to receiving your legal settlement advance. We will send you a release form that gives us the right to confirm the necessary details of your case with your lawyer. This form informs your legal team that you are seeking legal funding from The Legal Funding Group with a request for the details of your case necessary for loan approval.
There are verifications that must be completed in order for you to be approved for legal funding from The Legal Funding Group. Verifications include, but are not limited to: Verifying the details of your case, which can only be completed once you complete a release form with your legal team. We must also verify the total damages sustained, and that the defendant has the ability to pay the settlement. Finally, we will examine if there are any previous lawsuits that would prohibit, change the outcome, or negatively affect the results of your case.
Loan Approval - Money Transfer
The approval process for your lawsuit funding will be a comprehensive examination of your application, the details of your case, legal team correspondence, and detail verification. With the skill and experience of our team, while the application process is thorough, completion and approval are often very quick. If the required documentation and verifications are completed carefully and submitted in a timely fashion, approval and funds can be transferred in as little as 24 hours. With a focused effort, your loan can be approved and your litigation financing transferred to your account quickly, and often within a day.
Once your loan is approved for legal loans through The Legal Funding Group, there are several ways that you can receive your money. We can send you an overnight check that can be deposited directly into your bank account, wire the money directly into your bank account, or send you a cashiers check. Most importantly, our loan options are quick and your funds could be available to you, in your bank account, in as little as 24 hours after approval. When your injuries and lawsuit need your attention now, a pre-settlement loan may be the strength and support you need to sustain a lengthy legal process and a successful recuperation. With legal funding you can pay for what you need now and focus on seeking justice and the time it may take to win your case without haste.
Only after you have a successful won your case, and a settlement has been dispersed to you, does your loan repayment begin. Your agreed upon repayment schedule will be detailed in your original loan documents. If you do not win your case, The Legal Funding Group incurs a loss along with you.