Pre Settlement Funding Print E-mail
Below are a list of questions regarding pre settlement funding. Pre settlement funding if approved is a loan against future compensation for a personal injury. It is important if you've been hurt in an accident due to the negligence of another person you seek immediate medical attention. It may also be equally important to seek the legal representation from an attorney prior to speaking about the case. If you've been involved in an accident you have the legal right to seek lawsuit funding prior to your case reaching a settlement.

What is pre settlement funding?

Pre settlement funding is a lawsuit cash advance against future compensation for a personal injury case. You may qualify for pre settlement lawsuit funding only if you've hire an attorney.

How much money can I request for my case?

You may request any amount however the amount of money you may qualify for will be dependant in the net worth of your case. When a lender evaluates your case they will project the fair value of your case and loan you a percentage of that value.

How many lenders will compete for my pre settlement cash advance?

At LawLeaf we evaluate each case prior to sending it out to our network of lenders. We also understand that your attorney does not want to be indidated by phone calls from various lenders. We will match your case depending upon the type of injury and the requested amount of money. We will determine which lender(s) within our network give you the best chance to get funded. We will typically send your case out to 1-3 lenders.

If I get accepted by a lender do I have to take the loan?

No you don't have to secure the lawsuit loan if you get approved by a lender. Our service is without obligation. We oftentimes receive applications from individuals that elect not to secure funding due to new cirmcumstances. Many of the applications we receive are from individuals looking for a safety net in the event their case takes a little longer than expected. In some cases those individuals that qualify for lawsuit funding with LawLeaf won't take a loan because their case reaches a settlement prior to them signing a contract with our lender.

What types of personal injury cases will your lenders work with?

Our lenders work with a variety of different types of personal injury related cases. We have lenders that are willing to look at all personal injury related cases while others have their own preferences. If you have the representation of an attorney we can work with you regardless of the injury.

How quickly can you get funding for my case?

Since our lenders compete for your business, our turn around time is very quick. We have secured funding for some clients within 1 business day. The quicker our lenders can get the requested documentation from your attorney the quicker they can give you an answer.

How do your lenders determine who qualifies for pre settlement funding?

When an application is sent to a lender they will forward it to their underwriting department. They will evaluate your case based upon the strength of your case and the type of injury. The stronger the case the more likely you are to qualify for lawsuit funding.

How can I apply with LawLeaf?

You can apply online with LawLeaf today. You can simply fill out our online application to begin the process. Once we receive your information, we will evaluate your application and send it to those lenders within our network that best meet your needs.