How We Work
USClaims specializes in assisting the financial needs of clients who have mature claims with significant injury and confirmed insurance. Financial support is provided up front, at 75% less than other pre-settlement services and at no risk. No recovery means no repayment.
The USClaims Purchase Agreement
The Purchase Agreement, signed by USClaims and your client after you have had a chance to review it together, contains all the terms of your arrangement with USClaims. The main points are as follows:
- USClaims will purchase an interest in the proceeds of your client’s case and pay in cash for that interest when the Purchase Agreement is signed. In turn, USClaims is paid for our interest when the case is concluded.
- The amount paid to USClaims comes directly out of the proceeds of your client’s case. In the Purchase Agreement, your client authorizes you to do this, you acknowledge this authorization and agree to pay USClaims when the case is concluded.
- The Purchase Agreement describes how much will be paid to USClaims. The exact amount depends on the date USClaims is paid. The longer it takes for USClaims to receive payment, the larger the payment due, up to a set maximum payment.
- The Purchase Agreement makes it clear that if the case brings no recovery, there is no obligation to USClaims unless your client has provided USClaims with false information, committed fraud or otherwise breached the Purchase Agreement.
- The Purchase Agreement requires your client to state certain facts to USClaims - for example, that an interest in the case has not previously been sold or that a bankruptcy case will not encumber the case.
The Purchase Agreement contains other topics as well. For a full understanding of this document, your client must review it in its entirety with you.