- Do I have to have an attorney represent
me in order to qualify?
- Are there any upfront fees?
- I am suing an individual will my
case qualify?
- My lawsuit was filed in Ohio can
I qualify?
- I have a Workman’s compensation
claim, will my case qualify?
- What types of cases are considered
for Lawsuit Funding?
- How much money can I receive?
- What if I have bad credit?
- If I declared bankruptcy can I still
qualify?
- I applied one week ago what is taking
so long?
- After I am approved how long does
it take to receive my money?
- What happens if I lose my case?
- When is payment due on my case?
- Why can’t my attorney advance
me the money?
- Why should I apply only at Lawsuit
Funding Network?
- If there are any questions where
can I call or email you?
1. Do I have to have an attorney represent
me in order to qualify?
Answer- Yes, you have to have an attorney represent you.
Without having an attorney represent you there is no way
to properly secure a portion of the proceeds which would
be used to payback the investor if you win your case.
2. Are there any upfront fees?
No any fees which would be incurred would only be in a
final proposed schedule that outlines all fees which would
be due provided that you win your case.
3. I am suing an individual will my
case qualify?
Answer - No, the defendant must be a known entity such
as an insurance company, municipality or large company with
equity and strength.
4. My lawsuit was filed in Ohio can
I qualify?
Answer - No, Ohio law prohibits lawsuit advances.
5. I have a Workman’s compensation
claim, will my case qualify?
Answer – It depends on which state the accident took
place and provided it allows for liens such as this.
6. What types of cases are considered
for Lawsuit Funding?
Answer- Most cases are considered provided your claim has
merit and the defendant has ability to pay we will try and
find funding for you.
7. How much money can I receive?
Answer - If approved you can generally receive up to 10%-
15% the value of your case as determined by the underwriters
which is not necessarily a reflection of what your case
may and may not settle for.
8. What if I have bad credit?
Answer- There is no credit requirements and your credit
is not a factoring decision to fund your case if there aren’t
any additional liens, the decision to fund your case is
solely based on your pending litigation.
9. If I declared bankruptcy can I
still qualify?
Answer- Yes, as long as this obligation will not put the
funder’s investment at risk and is being dealt with
outside of this advance.
10. I applied one week ago what
is taking so long?
Answer- Usually your case is evaluated within 24hrs of
receiving all the supporting paperwork from your attorney.
Chances are if you haven’t received a funding determination
it’s because the underwriters are still waiting for
information from your attorney.
11. After I am approved how long
does it take to receive my money?
Answer- You can usually receive your money within 24 hours
of receipt of your signed paperwork from you and your attorney.
12. What happens if I lose my case?
Answer- You owe nothing-if you lose your case.
13. When is payment due on my case?
Payment is based on the successful conclusion of your case.
The advance and fees are paid through successful settlement
of your case.
14. Why can’t my attorney
advance me the money?
Attorneys are ethically restricted from providing financial
assistance to clients.
15. Why should I apply only at Lawsuit
Funding Network?
Answer- Applying with more than one company can be time
consuming for you and your attorney. When you apply for
lawsuit funding your attorney is subsequently contacted
by each and every company you have applied with all of which
will be requesting basically the same information. This
can create a tremendous burden on the law office and the
attorney which is representing you. If you apply with one
source such as Lawsuit Funding Network which works with
a network of funders your attorney will only need to provide
the information once. Lawsuit Funding Network in return
streamlines the funding process by getting the information
out to multiple sources giving you the best chance of getting
funded with the most reasonable terms. If there is a way
to help you Lawsuit Funding Network will.
16. If there are any questions where
can I call or email you?
Lawsuit Funding Network
6411 Lincoln Ave Suite 214
Morton Grove, IL. 60053
Phone 1-866-270-1466
info@lawsuitfundingnetwork.com
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