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Frequently Asked Questions

Get answers to common questions about pre-settlement funding, our application process, and how we can help while you wait for your case to settle.

What cases are eligible for lawsuit funding?

Legal Case Funding ensures that we fund many different types of cases. If you are represented by a lawyer and have been injured due to another's negligence, you may be eligible. From auto accidents, dog bites, slip and fall injuries, and more, Legal Case Funding is here to help you.

How does simple interest work for pre-settlement funding?

When you receive a pre-settlement funding advance with a simple interest rate, you will only be charged interest on the original amount of the advance plus loan fees. This means that the interest you owe will be calculated based on the principal amount, and you won't have to worry about interest compounding over time.

Do I need good credit?

No, you do not need good credit. Pre-settlement funding is based on the merits of your case, not your credit score. We evaluate your case, not your financial history.

What is the interest rate for pre-settlement funding with simple interest?

Interest rates vary depending on the specifics of your case. Legal Case Funding offers competitive simple interest rates that are typically lower than what you'd pay with compounded interest from other providers. Contact us for a personalized quote.

Do I need a job?

No, you do not need to be employed to receive pre-settlement funding. Approval is based solely on the strength and merits of your legal case.

How does pre-settlement funding with simple interest benefit me?

Simple interest saves you money compared to compounded interest. With simple interest, you pay less over time because the interest is only calculated on the original amount, not on accumulated interest. This can mean savings of hundreds or even thousands of dollars.

What's the difference between pre-settlement funding and a loan?

Pre-settlement funding is not a loan. It's a cash advance on your expected settlement. The key difference is that if you lose your case, you owe nothing. With a traditional loan, you must repay regardless of your case outcome.

Is pre-settlement funding with simple interest a loan?

No, pre-settlement funding is not a loan. It's a cash advance on your expected settlement. The key difference is that if you don't win your case, you don't have to pay anything back. This makes it a risk-free option for plaintiffs.

How do I apply for pre-settlement funding?

Applying is easy! Simply fill out our online application form or call us at (480) 568-2202. We'll review your case with your attorney and can often provide a decision within 24 hours.

If I lose my case do I have to pay back the advance?

No. If you lose your case, you keep the money and owe us nothing. This is what makes pre-settlement funding risk-free for you.

How do I use my funds?

You can use your funds for anything you need. Common uses include paying rent or mortgage, covering medical bills, buying groceries, paying utilities, or any other living expenses while you wait for your case to settle.

Who is eligible for pre-settlement funding?

To be eligible, you must have an active personal injury lawsuit and be represented by an attorney. Your case must have a reasonable expectation of settlement or verdict in your favor.

How do I repay pre-settlement funding after my case has settled?

Repayment is simple and automatic. Once your case settles, your attorney will deduct the funding amount plus any applicable fees from your settlement proceeds before distributing the remaining funds to you.

Have additional questions?

Talk to our experts to learn more about our services and your case.