FAQ
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Frequently Asked Questions
1.What is lawsuit advance
If your case qualifies, we will advance you immediate cash against the proceeds from your lawsuit when it is resolved through settlement or trial.
2.Will my case qualify for an advance?
We consider each request for an advance on a case-by-case basis. We will thoroughly review your case, and our underwriters will make a decision within 48 hours of receiving the required documentation from your attorney.
3.How much money can I receive?
The amount of money you can receive depends on the probable value of your claim and its chances for a favorable outcome. You are free to request any amount.
4.What is the benifits of a lawsuit cash advance?
An advance will replace lost income, and help you cover living expenses and pay medical bills while you wait for your case to settle.
5.What does "non-recourse" mean"?
It means that repayment of the advance is only required if you win your case or reach an out-of-court settlement. Should you fail to reach a settlement, you owe us NOTHING.
6. How is an advance different from a loan?
6.How is an advance different from loan?
Loans must be repaid, regardless of your circumstances. Loans are issued based on your credit and employment history, and loans require monthly payments. A lawsuit advance is NOT based on your credit history or employment, and there are no up-front fees and no monthly payments. Your lawsuit advance is repaid in one lump payment from the proceeds of your lawsuit settlement.
7.Are they any up front fees and costs
No. There are No up-front fees or costs. There are no monthly payments and no credit checks. A lien as allowed by law is placed on your case with your attorney, adjuster and or claim.
8.Do I have to have an attoreny?
Yes. To even begin considering your case for an advance, you must have professional legal representation in the form of an attorney.
9.How long does it take to get my money?
Normally within 24 to 48 hours once we receive the completed contract back from you and your attorney. We can and do fund the cash very fast. The major slow-down we typically encounter is in how fast your attorney will provide copies of your case’s documentation to us for review.
10.Can I really get money before my settlement?
Yes, we literally advance you against your future settlement proceeds of your case. We provide you money now in exchange for a secured amount of any settlement or judgment that is awarded from the litigation.
11.What can I use the lawsuit cash advance for?
The money from a lawsuit cash advance may be spent in any way you see fit. You can use the money to fund your case or to help with living expenses.
