3.6.08

Personal Injury Lawsuit Funding

Whenever we receive applications for lawsuit funding from our clients we understand the importance of processing the information in a timely and efficient manner. When someone is trying to secure personal injury lawsuit funding they have an expectation that their information be evaluated the same day the application is received. This is the same expectation that LawLeaf has for each client.

We receive many inquires regarding the lawsuit funding process. Once you've completed our online pre-settlement or structured settlement application, LawLeaf immediately reviews the application. During this review process we look at several different areas pertaining to your request for lawsuit funding. We first look at the personal injury in which you are trying to secure a cash advance. We work with variety of lawsuit funding companies that aggressively fund our clients. We work with some companies that provide funding for pre-settlement cases while others that offer structured settlement funding.

We also work with select lenders that provide a variety of funding services for certain different personal injury cases. For instances, we have some lenders that provide funding for slip and fall and pedestrian accidents, while others are only interested in car accident and wrongful death cases. No matter the personal injury we first select those lenders willing to take your personal injury case. For a detailed list of personal injury funding you can visit our lawsuit funding website at LawLeaf.com.

Once we have selected and matched you with the lenders willing to take your type of injury, we than evaluate your requested amount of cash. Like personal injury cases there are certain companies that will fund over a certain amount of money and the percentages change from time to time. A lawsuit funding company typically offers funding as a set percentage of your case. The reason is that all our lenders offer non-recourse funding for all personal injury related cases. This means they take on the burden that you will receive compensation for your case. If your attorney is unable to get compensation for your case, you don't pay back the lawsuit loan.

Once we have identified your case and requested amount, we immediately send your information off to the selected lenders. At this point our lenders will request the documentation surrounding the case. This information could include a full brief about the incident including medical reports, hospital reports, police reports and so on. This information can be gathered very quickly by your attorney and faxed over to our lenders at which time your application goes to an underwriter. Each funding company typically has an underwriting department who evaluates the personal injury case and net worth of the case. Once they have approved your application they will immediately send you over an agreement outlining the terms and conditions, the rate schedule and the amount of money they are willing to loan.

If you approve the conditions you could have cash in the same day. Most of our lenders have the ability to approve and send out checks or wire money the same day you apply with LawLeaf.

The process can take less than a day and it typically depends upon how quickly they can get the required information from your attorney.

If you are in need of a lawsuit cash advance for a pending lawsuit, you can simply apply online at LawLeaf.com.

No comments: