How Do You Qualify for Pre Settlement Lawsuit Funding?

Alexander Popovich | August 16th, 2013

happy lawsuit funding coupleHave you suffered a personal injury or proven damages and are waiting compensation from a pending lawsuit? If you need cash today to help cover general living expenses and medical bills, but are uncertain if you qualify for legal loans, read on to learn more about eligibility for pre settlement lawsuit funding. LawStreet Capital makes the entire process easy and stress-free, helping plaintiffs hold out for the settlement that they deserve. 

Do I qualify for pre settlement lawsuit funding?

By meeting the following criteria, you may be eligible for a pre settlement advance:

  • Your case must have provable damages (personal injury) and strong liability
  • Your attorney has agreed to take the case on a contingency basis
  • The defendant is credit worthy or is insured by a credit worthy company that can pay any damages awarded
  • You and your lawyer must agree to the pre settlement funding terms and reimburse LawStreet Capital from the case award or settlement.

Will my case be approved for a pre settlement cash advance?

The strength of your pending lawsuit is the primary factor that determines your approval for a cash advance. Your employment status, current credit rating and assets make no difference. If LawStreet Capital feels your claim stands a solid chance of a settlement or a favorable jury verdict, you will likely qualify for legal funding.

How does pre settlement funding work?

  • Representatives will contact your attorney for detailed information about your pending lawsuit.
  • If LawStreet Capital agrees to advance funds, your lawyer will sign a contract agreeing to pay our company the amount of your cash advance plus interest once a settlement is reached.
  • Pre settlement lawsuit funding is not a traditional loan. If your case is unsuccessful and you lose, you owe LawStreet Capital nothing. There are no monthly payments involved and you only repay the balance if you win.
  • Once approved, you’ll receive your pre settlement cash advance fast – in most cases within 24 hours

Types of cases eligible for legal loans

LawStreet Capital offers pre settlement cash advances on the following types of cases:

  • Premises liability
  • Medical malpractice
  • Personal injury
  • Birth injuries
  • Products liability involving dangerous drugs or defective medical devices
  • Construction accidents
  • Motor vehicle accidents
  • Slip & fall injuries
  • Commercial litigation
  • Discrimination & wrongful termination
  • Maritime lawsuits
  • Wrongful death

Apply for your cash advance today

The financial burdens associated with extended litigation can wreak havoc on your life. If you are awaiting a settlement and need cash today, consider the multiple benefits of working with LawStreet Capital. The application is free, there is no cost to you, and once approved, your pre settlement advance will be in your account within 24 hours. Rest easy knowing that we assume all risk, since legal loans are non-recourse, meaning you only pay the money back once you settle or win your case.

If you’re ready to apply for pre settlement lawsuit funding, you’ll find our customer representatives standing by with answers to all of your questions. Call us toll-free anytime at 1-866-FUND-662.