| What is Pre-Settlement Funding? Pre-settlement funding also known as personal injury funding, pre-settlement cash advances, lawsuit loans and lawsuit cash advance is a financial advance given by a company to a person that is currently involved in a personal injury lawsuit. If I lose my case do I have to pay back the loan? LawLeaf only works with those lenders that offer non-recourse funding for all pre-settlement loans. If you receive legal funding by one of our lawsuit funding lenders and you lose your case, you do not have to pay back our lenders. How much money will a lender approve for a pre-settlement loan? There is no limit to how much money you can request. The approval process for the amount of money a lender will approve will depend upon the strength of your case and the case worth. How many companies will compete for my business? Based upon your case type, LawLeaf will evaluate your case and submit your application to 3 different vendors at a time. If I am declined by any of the 3 legal funding vendors, can I resubmit my case? Yes, you can resubmit your case more than one time. We will match you with an additional 3 funding companies depending upon your case type. Do all legal funding companies provide pre-settlement funding? No, there are many legal funding companies that focus their funding to specific areas of legal funding. For example there are companies that provide cash advance loans to only structure settlement annuities. Do all pre-settlement companies provide funding for all personal injury related cases? No, there are many companies that provide funding for certain types of personal injury cases. LawLeaf works with a variety of different companies that are focused on different areas of personal injury cases. Do all legal funding companies offer the same pre-settlement rates? No, oftentimes the funding you receive from one company may be different than another. The advantage of applying through LawLeaf we allow you to compare both the rates and amount of funding for each company. What are the advantages of applying through LawLeaf? LawLeaf is experienced in providing online legal funding service for those individuals that need cash advance for their lawsuit. At no cost to you, we evaluate your case and send your application to legal funding companies that are willing to compete for your business. We save you the time of investigating legal funding companies and we allow you to focus on the most important part of the process, the approval process. LawLeaf allows you to compare the best rates, amount of payout and payment schedules. LawLeaf gives you the ability to have these companies compete for your business. How quickly am I able to get a cash advance? LawLeaf has a quick cash advance program. We work hand and hand with our lenders to speed up the application process. The amount of time could take anytime with 1-3 days. Do understand, we need to contact your attorney to get the necessary information to process your application. How do I apply for a pre-settlement loan using LawLeaf? Simply visit our homepage and click on the banner for pre-settlement. You can also use the intake form to the right to apply. |