What is a lawsuit advance?

A lawsuit advance is an advancement of cash against the compensation you may receive from a lawsuit.

What is non-recourse funding?

Non-Recourse funding is the understanding that you will only have to pay back the cash advancement if your attorney is successful in getting compensation from your lawsuit. You only pay back a lawsuit funding company if get compensation from your lawsuit.

How are cash approvals determined?

Depending upon the lender, an approval is typically based upon the strength of your case.

How are payouts determined? 

A payout can be determined by both the strength of your case and an estimate of what the case is worth. The more compensation a lawsuit lending company believes you will get from your lawsuit, the higher the payout can be. 

In order to get approved for a plaintiff lawsuit advancement, will the lender check my credit?

No, the lender will not require a credit check for approval of a lawsuit cash advancement.

Does LawLeaf provide the cash advancement?

No, LawLeaf is an online lawsuit funding service that helps consumers look for pre-settlement, structured settlement, commercial litigation funding and attorney funding. We have a network of lawsuit lenders that compete for your business.  

If I'm applying for lawsuit funding what do I need to do?

You simply have to fill out our intake form. Our lenders will deal directly with your attorney to get the information needed to begin processing your application.  While some lenders may contact you for additional information the bulk of the information needed regarding the case will come from your lawyer.

How long will it take to get my cash advancement?

It depends how quickly they can get the information needed to begin processing your application. Once all the information is gathered they can approve a cash advancement anywhere from 12 hours to 48 hours.  

How do you compare lawsuit cash advance companies?

The best way to compare cash advance lenders is to let LawLeaf process your information and send it out to our lawsuit lending network of companies. You can compare rates, payouts and schedules. Ultimately you should choose the lender that makes the most sense for your financial needs. 

What type of lawsuit funding cases do your lenders consider?

Our lenders consider all pre-settlement funding (plaintiff's for personal injury related cases), structured settlements , commercial litigation and law firm loans .