When a plaitiff applies for litigation financing they should consider only applying with those companies that offer non recourse funding. Non recourse funding is the only type of loan that is only paid back based upon the outcome of their case. If an individual secures litigation financing and they don't receive compensation from their personal injury case, they are not required to pay back the loan. If the plaintiff receives compensation however the cash award they received is smaller than the amount they owe, they don't have to pay back the balance of the loan.

Litigation financing is oftentimes used to help victims keep their case open. Oftentimes a victim will settle their case because they are sinking financially and need money to help pay for bills and expenses. If you settle your case prematurely you take the risk of having to pay out of pocket for ongoing medical expenses and not receiving full and fair compensation for your case. Once a case is settled the plaintiff will not be able to seek additional compensation regardless of their medical conditions.

When LawLeaf sends out an application to our network of lenders there are certain procedures and processes that take place prior to funding. A lender will evaluate several aspects to each case before qualifying a client:

• A lender will evaluate your application based upon the strength of your case
• They look at the severity of each injury and medical records pertaining to each injury
• The amount of compensation that is being requested
• They may review police, ambulance & hospital reports and incident reports
• Whether the case has already received funding
• Is a lawyer hired on a contingency fee basis
• How much money is the plaintiff requesting

Once an application is accepted by LawLeaf they will review your case and evaluate which companies best meet the needs of applicant. This reviewal process is based upon funding type, case type and cash request. Once an application is sent to a lender(s) they will immediately contact your attorney in getting the required paper work surrounding your case. They will work directly with your attorney making it easier for you throughout the gathering process. Once they've fully evaluated your case, a lender will determine whether to fund your case or not. This process can take less than 24 hours and in some cases, our clients receive litigation financing the same day.

LawLeaf helps make this process as smooth as possible. We work for each client giving them the best chance in securing litigation financing for their case. If you are currently evaluating litigation financing, we ask you apply online with LawLeaf. Our lenders are ready to compete for your business.

LawLeaf provides litigation financing services for the following 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.