FAQ’s
FREQUENTLY ASKED QUESTIONS
ABOUT PRE-SETTLEMENT FUNDING
10 Steps To Take When You Have An Accident

1. You are in an accident

If you suffer from an accident related injury due to negligence, medical malpractice, or wrongful loss of a loved, we can help.

2. Contact an Attorney

Representation by a lawyer is critical for successful settlement of your case. Begin by meeting with and retaining an attorney you believe can help you get the settlement you deserve.

3. Develop Your Lawsuit

As your attorney works to develop your pending case, you need to seek medical attention for the injuries you suffered. Getting the right medical treatment is critical to your health, as well as making it possible to get the maximum compensation on your settlement.

4. Expenses Arise

As your attorney works to develop your pending case, you need to seek medical attention for the injuries you suffered. Getting the right medical treatment is critical to your health, as well as making it possible to get the maximum compensation on your settlement.

5. Contact Litigation Financial Services

Fill out the application on our website and share your case with us. It only takes a few seconds to get started. If you need assistance, call our toll free number 1-888-6MONEY6. We want to hear from you to see how we can help.

6. Application Reviewed

When we receive your completed application, we’ll review your information, then contact you to let you know if your case meets our requirements.

7. Document Signing

Once your case is accepted, we’ll draw up documents for you and your lawyer to sign. Our Contract and Acknowledgement Form will outline the specific details of your funding. It’s critical that you and your attorney review these documents and respond as quickly as possible so your funding can be issued in a timely manner

8. Funding

Litigation Financial Services advances cash to you within 24-48 hours. Remember, you’ll only repay the money if you win your case. We’re here to help, because life doesn’t wait on your settlement, and neither should you.

9. Your Case is Settled

Your attorney will continue working hard to collect a fair settlement for you. Once your case is successfully settled, the money will be distributed to all stakeholders. Your attorney will handle this process on your behalf.

10. Litigation Financial Services Receives Payment

LFS is paid through the distribution to all stakeholders. If you don’t win your case, you
don’t pay. The process is 100% risk-free for you.

What is Pre-Settlement Funding?

Pre-Settlement Funding is money provided by a company today in exchange for a portion of your expected settlement proceeds in the future. It is not a loan because you are not borrowing money from a company. Instead, you are selling a portion of your future settlement. You’ll receive payment in the form of a cash advance immediately, while the company who purchased a portion of your settlement will receive payment once your case settles.

What kinds of cases Qualify for Pre-Settlement Funding?

Most plaintiffs who receive funding from us are victims of an accident or personal injury. However, we look at each case individually and are open to reviewing any type of lawsuit. For a more complete listing of the types of cases we cover, visit our Why LFS page.

How long is the Pre-Settlement Funding process?

When you aren’t receiving a paycheck, we understand how important it is to have money to pay for rent, groceries, and other bills. Every hour counts. The time it takes to receive Pre-Settlement Funding may vary depending on your specific situation. In some cases, we are able to provide payment within 24 hours from the time we receive your application. Each case is different, however. We work hard to have your Pre-Settlement Funding available within 48 hours of when we receive court documents, and we work closely with you and your attorney to get your cash as quickly as possible.

Why should I seek Pre-Settlement Funding?

Unfortunately, it can take months, or even years, for a trial date to be set, and even longer for the actual trial to be completed. Then, insurance companies can make appeals which drag out the process even longer. This can leave you in a dicult place, especially if your injuries have left you unemployed or unable to collect a paycheck. Every moment without your settlement leads to more debt and more stress and ultimately, more problems. Pre-Settlement funding gives you the opportunity to continue managing your life while you wait for your trial to end. At Litigation Financial Services, we know that life doesn’t wait on your settlement, and we believe you shouldn’t have to, either

Are there any upfront or out-of-pocket costs for me?

There are absolutely no upfront costs to get your funding. We only get paid if your case or claim is settled.

How much money do you fund?

Litigation Financial Services will help you determine the amount of money you are eligible through our Pre-Settlement Funding. We work closely with your attorney to understand the details of your case and your needs that must be met. Our funding amounts vary from $500 to over $100,000. Your application will give us a better idea of how much cash you’ll be eligible to receive.

What if I need additional cash later?

Depending on the state you reside and the details of your case, you may be eligible to receive more than one cash advance. In most cases, you’ll be allowed to sell approximately 20% of what your final settlement could be after legal or attorney fees are paid. The actual funding amount is based on several factors, so the amount can differ from case to case and company to company. If your initial cash advance didn’t cover all of your expenses, your case may qualify to apply again. Contact us at 1-888-6MONEY6 with questions about your specific situation and to learn what options are available.

What if I lose my case?

If you lose your case, there’s nothing for you to pay back. This is not a loan. It’s an advance on the proceeds of your settlement, so if you settlement pays nothing, you owe nothing. This is known as non-recourse funding, which means that you cannot be asked to pay back the funds if you don’t win your case.

GET CASH BEFORE YOUR LAWSUIT IS SETTLED