Client Pre-Settlement Advances
Get Your Client's Money They Need Now! No Repayment if the Case is Lost.
If the Case is Unsuccessful No Repayment is Required!
Advances againsts case proceeds of a current lawsuit.
Clients do not repay if the case is lost.
Help your client survive while you litigate the case.
Clients can pay medical and other current expenses.
Market Leader in Pre-Settlement Funding.
Client Advantages
1). The client can get money now for needed medical care and medicine.
2). Many injury clients have lost their jobs. The client can get money now for needed living expenses.
3). Injury clients are under a lot of stress, physical, mental and financial. Relieving financial burdens can also diminsih their emotional and mental anguish and positively impact their physical well-being.
4). The client does not have to pay back the money if the case is lost.
Firm Advantages
There are three major advantages to the firm from a client getting a pre-settlement advance:
1). The time pressure to resolve the case is greatly diminished allowing you to litigate the case,
2). By allowing you time to properly litigate the case, a better settlement / judgment can be obtained, meaning your contingent fee is higher.
3). A happier client whose basic medical and other needs are being met is a much easier client to work with.
How Does It Work?
When a client needs money, the client or your staff would complete a quick online form. The client will be presented with a no-obligation proposal. If the client choses to accept the offer, they will be paid, typically in 1 to 3 business days. If the case is lost, the client does not pay the money back. It is a non-recourse advance to the client.
How much does it cost?
This type of financing is expensive because the lender is taking a huge risk the suit will not be successful. Therefore it should be used by clients judiciously. Actual costs vary by case. It costs nothing to apply, so cost decisions should be made after an offer is received.
However, the real cost that should be considered is how much it will cost the client in case proceeds if you are hampered in litigating the matter due to unnecessary time pressures. Defense attorneys know that time is on their side, and use that to their advantage. Giving you the time to do what you do best, litigate the case, can result in larger case proceeds for the client that offset the costs of the advance. It also can result in a higher contingent fee for you, increasing your profitablility.
There are also non-financial costs that are paramount to the client if such funds are not available. Lack of medical care, medicine, necessities of living, pain, suffering, and mental anguish all contribute to a poor quality of life. The adverse impact on the client's quality of life is a cost that should not be ignored.
Does Your Client Need
Pre-Settlement Money?
No obligation to get a quote.