Get a plantiff support
Prime Case Funding is a leading provider of lawsuit funding and lawsuit advances for those expecting a cash settlement resulting from a pending lawsuit, verdict or judgment. The need for our legal funding & settlement funding service arises from the fact that the legal process is often slow and many plaintiffs simply cannot afford to wait for a fair settlement due to financial pressures.
The process is simple, if approved; you are advanced money now in exchange for a lien position against your case. You are NOT selling off your lawsuit; rather you are provided with a pre settlement or settlement advance now against your anticipated lawsuit settlement recovery. You are only obligated to repay the lawsuit advance if you win your case. Our experienced, professional staff understands your situation and will do our best to get you the financial assistance you need quickly and at a competitive rate.
Understanding the concept of a settlement loan is quite simple. A Pre-settlement funding may also be referred to as a lawsuit loan, pre-settlement loan, lawsuit funding, and lawsuit cash advance. Regardless of the term used, the funding operates in the same way. Basically, a settlement loan is a non-recourse loan. A non-recourse loan is a secured-loan that collateralizes your lawsuit. With a lawsuit settlement loan, the collateral is the perceived value of your lawsuit. All settlement loan providers limit the amount advanced to a maximum of 10% of the claim’s value.
When applying for a pre-settlement lawsuit loan, the provider must review documents regarding your case and have an opportunity to speak with your attorney. You may expect the settlement loan provider to do a detailed-review of your pending lawsuit prior to either approving or denying your request. It’s a good idea to notify your attorney of your intention to obtain a lawsuit loan prior to applying for a settlement loan. You may learn more by using our navigational menu on the right.
A Plaintiff financing may or may not need to apply for a Pre-settlement funding . It’s not uncommon for plaintiffs in a pending lawsuit to lack an adequate income-stream. This is especially true with cases involving severe injuries and wrongful death.
