How Does Pre-Settlement Legal Funding Work?
It’s simple to understand how pre-settlement legal funding works!
Less than a minute to apply – get the cash you need in hours if approved.
In a nutshell, how pre-settlement legal funding works goes like this:
STEP
02
We Review
We speak with your attorney and get the information we require.
STEP
03
We Evaluate
We evaluate your case details to determine if it qualifies for legal funding.
STEP
04
You Sign
If approved, we send a contract and complete fee schedule for your review.
STEP
05
Get your cash
Once approved -4 ways we send your money:
– Check Overnight
– Check Ground shipping
– Direct Deposit
– Wire
How Pre-Settlement Legal Funding Works FAQ
How long does it take?
On average, the approval process takes 24 hours, but if we can reach your attorney quickly it can take as little as 1 hour. That’s why it’s important for you to contact your attorney as soon as you apply to let them know we’ll be calling and to give them permission to share your case documents with us.
How much will I get?
Anywhere from 10%-20% of the total estimated value of the case. So for example, if your case is worth $20,000, then we can fund you up to $4,000.
Why not more? Why not all of it?
The reason we only fund up to 20% of the expected case value is so that when your case does settle you will have to pay the attorney’s fees, any medical expenses, and then pay back the legal funding… we want to make sure there is enough for you.
How Do I Qualify?
While there are many things that we look at regarding your personal injury lawsuit to see if you qualify for a legal funding, there are 3 main questions we ask about your case:
- How serious were the injuries you suffered?
- Does the person who caused the accident have a way to pay for any legal settlement award?
(the real key is do they have insurance to pay for it) - Is the person who you’re claiming caused the accident actually responsible for the accident?
(kind of an odd question, we understand, but you’d be surprised)
If your case can meet these qualifications, then there is a great chance we can fund you.
Fast Cash Legal does not provide pre-settlement legal funding in the following States: Alabama, Arkansas, Colorado, District of Columbia, Illinois, Indiana, Kansas, Maine, Maryland, Missouri, Nebraska, Nevada, North Carolina, Oklahoma, South Carolina, Tennessee, Vermont, Virginia, West Virginia.
Fast Cash Legal does NOT fund Workers Compensation cases.
Start Your Free Application Now
- No credit checks
- If approved, you can get your cash in 24 hours
- If you lose your case, you owe nothing
- There is no obligation if you apply then decide not to take the funding
