Pre-Settlement Lawsuit Loans
Lawsuit Loans Made Easy
Legal Lawsuit Funding 3 Step Process
Lawsuit Funding FAQs
No, it is not. Where’s a loan has to be repaid no matter what, you only pay for lawsuit funding if you win the case. If you do not win the case, you owe back nothing. That makes the transaction a non-recourse investment and therefore not a loan.
My Lawsuit Loans does not check for credit. Your credit history is not necessary because your approval is wholly is contingent on the viability of your case. The facts and details surrounding your case is all
that matters to us.
The minimum is $500 and there is no maximum.
Cash advance is decided based on the merits of each case. Each case is unique and requires individual attention and consideration. Factors that are commonly considered in the approval process are:
- Type of case
- State and jurisdiction of your case
- Strength of the theory of liability
- The extent of damages and injuries, lost wages and value of medical bills
- Whether the defendant has liability insurance or not and the policy limits/li>
- Whether there are other liens against your case
Yes, it is possible. We often re-evaluate cases for and provide additional advances.
We can pay off the cash advance and provide you additional funds. Having previous funding does not automatically disqualify you, but it lowers your chances of getting approved.
The interest rate we assign to your case completely depends on the strength of your case. The stronger the case, the lower the rate and vice-versa. Generally, we charge very competitive rates; if you have another offer, we can match or beat any quoted rate.
No, there are no upfront fees.
No, unlike other companies, My Lawsuit Loans does not charge upfront processing / application fees on lawsuit loans.
Discuss getting lawsuit funding with your attorney before calling My Lawsuit Loans. Once you apply with us, notify your law firm we’ll be calling them to get more information on your case. Notifying your law firm of your relationship will make them more likely to get back to us and therefore move the process much faster.