Frequently Asked Questions
Litigation funding, also known as pre-settlement funding, is a financial service that provides monetary support to plaintiffs involved in personal injury and civil lawsuits. This funding serves as an advance on the expected settlement amount, allowing individuals to cover pressing expenses while their legal case is in progress. At Litigation Funding Co., we specialize in offering lawsuit funding to ensure you can maintain your financial stability during a challenging legal battle.
The process of obtaining pre-settlement funding is straightforward. First, you apply online or contact us directly to discuss your case. Our team evaluates the merits of your lawsuit and your attorney's opinion. If approved, you’ll receive an advance on your expected settlement. This funding typically does not require repayment until your case is successfully resolved. If you do not win your case, you owe nothing, making it a risk-free way to manage financial strain during litigation.
At Litigation Funding Co., eligibility for lawsuit funding primarily depends on the strength of your case rather than your credit score or employment status. We focus on various types of cases including personal injury, auto accidents, medical device lawsuits, and more. As long as your case is viable and your attorney supports your application, you can qualify for the financial assistance you need to navigate your legal journey.
Pre-settlement funding offers several benefits, including financial relief during a lengthy legal process. It allows you to cover medical bills, living expenses, and other debts without the pressure of settling your case too quickly. Also, it enhances your bargaining power with insurance companies and defendants, as you can wait for a fair settlement without financial constraints. Overall, it’s an effective way to ensure that financial stress doesn’t impede your pursuit of justice.
At Litigation Funding Co., we understand that timely financial support is crucial. Our quick approval process means that you can receive funds within 24 hours of application approval. This rapid response allows you to focus on your recovery and legal matters without ongoing financial strain, offering peace of mind during a challenging time.