Personal injury plaintiffs usually do not receive settlement awards when they need it. The litigation process of a lawsuit may take several years before an injured victim sees any type of compensation. Depending on the severity of a plaintiff’s injuries or condition, he or she may not be able to work and lose wages. While you wait for your lawsuit to settle, bills will continue to accumulate.
The Legal Funding Group Provides Financial Support
Also known as lawsuit loans or settlement loans, lawsuit funding is a contract between The Legal Funding Group and a plaintiff of a personal injury case to provide financial assistance to the client. Simply put, we will provide you with money while you wait for your case to settle and after a settlement is reached and processed, you pay us back.
Personal injury cases such as car accidents and medical malpractice are eligible for lawsuit funding. To receive funding for your lawsuit, you must at least meet the following criteria:
Plaintiff has filed a lawsuit against a defendant.
Plaintiff has an attorney.
Plaintiff’s attorney works on a contingency basis (attorney receives payment only if the lawsuit is won).
Lawsuit Funding Provides:
Fast and easy legal funding services
Transparent contracts with no hidden fees or agreements
Convenient payback schedules
Full cooperation and attention of your case
Consideration for your attorney’s schedule
Assistance from legal funding specialists
Why Choose The Legal Funding Group?
The Legal Funding Group is dedicated to serving the needs of injury victims and to assisting law firms who help them. This service to plaintiffs in need of help is rewarding to our staff members. They take great satisfaction in knowing that your medical and legal expenses are being taken care of as quickly as possible. Personal injury victims are already suffering from physical and emotional injuries, and The Legal Funding Group wants to help take away the financial burden.
It is our level of personalized attention to screening cases and working with clients to ensure that their needs are handled that makes us a cut above the competition. We work hard to provide your bank deposit (check, wire, cashier’s check) payment within 48 hours and often succeed when everything is in order.
How to Get Approved for Lawsuit Funding
Lawsuit funding approval doesn’t require a credit check or review of your financial history, as is required by most other types of loans. Legal fee loans require only that the facts of your specific case follow their lending requirements.
The application approval process will go a lot smoother if you are at a developed stage of your case. If you have already won the case and you are simply waiting for payment, this would be the most expeditious process. Clients who are waiting for the appeals to finalize a judgment may also see quicker approvals. If your case is in the early stages, it may take more time to examine the record and responses of the parties to determine the validity of the claims.
If you are a plaintiff, you simply need a licensed attorney who is willing to work with you on the case and agrees that the case has strong merit. We can figure out what a fair settlement may be in the case after you apply and provide a release form that would remove any attorney-client confidentiality barriers. If you call us or fill out the application online, we can start the process and fast track your case.
For attorneys who need lawsuit funding while working a case, we will have to review the record carefully to predict the fairest outcome.