Lawsuit Settlement Loan
If you have never applied for a settlement loan in the past you may have questions regarding the lawsuit settlement loan process. The lawsuit settlement loan process can be complicated if not handled by a firm that has experience in processing applications and getting all the information the first time. Once you’ve applied for an advance the represented company will require from an attorney, case information outlining the lawsuit. This information is used to assess the validity of the case and ultimately determines if a client is eligible to receive money against the claim. The process in getting this information can take time depending upon how far along the case is and whether the attorney is willing to work with the selected vendor. For instance, if a claim has been recently filed there is a chance that the required document doesn’t exist yet. In this case the majority of funding companies would not be willing to look at said case . If the documents exist however the attorney is unwilling to release said documents this can cause a delay as well.
If document doesn’t exist could I still have a chance to receive a settlement loan?
If you apply with our service you will always have a chance to receive a settlement loan regardless if your case is new. While most underwriters are unwilling to take a chance at newer cases, we’ve got a set number of underwriters whom will base their decision on a conversation with the represented attorney.
If my attorney is unwilling to work with different lenders what should I do?
We recommend our clients contact their attorney and explain to them why they need the settlement advance. They should also make the attorney aware a representative will be contacting the firm for case documents. If explained properly by both the client and company many attorneys will release the documents because they know the importance of getting the advance for their client. While not always successful in getting an attorney to release documents, we have a great track record of getting documents from those attorney whom otherwise wouldn’t release them to another company. We believe if explained correctly it will increase your chances of getting your attorney to cooperate with the settlement loan process. For those attorneys who are too busy to compile the requested documentation we will work directly with an assistance or paralegal in obtaining the necessary paperwork.
Settlement Loan Process:
- Apply online
- A brief conversation with the client and attorney
- Case document request
- Underwriter review
- Approval or pass
This process can be done within several hours of an application. In fact, we have been successful in getting some clients approved and paid the same day the application was submitted. The settlement loan process should be streamlined and by hiring an experienced company whose gone through the process thousands of times, it can play a significant role in the settlement loan process.
Prior to hiring a settlement loan company consider the following
- Amount of time to get your application through the process
- Experience in handling settlement loans
- What types of cases will they fund?
- The different types of loan option (Compounded vs. flat)
- Does the company put your interest ahead of its own?
If you are currently searching for a settlement loan begin by applying online today. We provide settlement loan services throughout the United States: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.
If you are currently evaluating a lawsuit settlement loan begin by applying online today. We stand ready to assist you now in your time of need! If you are an NC resident, please check back.
*We provide lawsuit settlement loan services for personal injury victims and commercial litigation disputes. If may be eligible for a settlement loan if you are the plaintiff in the case and represented by a lawyer.