How Much Can I Borrow From Pre-Settlement Funds?

An accidental injury caused by someone else’s negligence often involves a lot of unexpected expenses and financial strain. Perhaps you are physically unable to return to work and are without any income.. Maybe you do not have reliable transportation after a car accident and are forced to budget for alternate means of getting around. Perhaps you are dealing with medical expenses you have no way of paying.

Depending on the specifics of your injury claim, it can take several months or even a couple of years to receive compensation for your injuries. While a settlement or fair court award is always worth waiting for, it doesn’t help if you are financially struggling right now. What is an injured plaintiff to do in the meantime? Many opt to obtain lawsuit funding with USClaims, and you might qualify as well.

How Much Funding Will I Qualify For?

Every settlement case is different. We evaluate each case individually to determine if you qualify for funding and, if so, how much you qualify for. We require our applicants to have the representation of an attorney who is working on their case on a contingency fee basis. By contacting your attorney, we can learn a lot about your case that will help our underwriters determine how much funding you qualify for. To determine this, they look at several factors, such as:

  • The specific circumstances of your claim
  • If you have a mature legal case
  • Any previous settlement negotiations
  • What your attorney believes your case could settle for and is worth
  • How strong the evidence is against the person who caused your injuries
  • The limits of any applicable insurance policies

Without knowing these details and having our underwriters review them, it is difficult to tell how much you could qualify for. However, we try our best to fund as many settlements as possible for the maximum amount we are allowed. Generally, we fund up to about 10 percent of the value of each lawsuit. We work quickly to get you the money you need.

Qualifying for Funding and the Next Steps to Take

The fastest way to find out how much litigation funding you qualify for is to get in touch with us by phone or our website. It only takes a few minutes to complete an application over the phone or using our online system. We will gather some personal details and your contact information, information about your pending injury claim, and the name and contact info of your attorney.

Our litigation funding specialists will get in touch with your attorney to discuss the specifics of your case. We need to find out how much your case might be worth and how long that might take. We also want to know if your case has merit and will be successful.

After you are approved, you will complete your funding agreement. You and your attorney should review this agreement for accuracy and so that you understand the terms and conditions of your funding. This agreement will include how much funding you will receive, and any fees and interest charges associated with it. You will receive your funding within approximately 24 hours of your funding approval.

Once you receive it, the money is yours. You can spend it however you please. There are no monthly payments or fees associated with lawsuit funding through USClaims.

Repaying Your Lawsuit Funding

When your case reaches a settlement or goes to trial, and you receive a court award, you will repay us out of the proceeds of those funds. Until then, you do not need to worry about making any kind of payments or how you will repay us.

We realize that some lawsuits don’t quite turn out that way our clients or their attorneys anticipate. As such, if you do not receive a settlement or a court award for your injuries, you no longer owe us anything for your pre-settlement funding. We don’t get paid unless you do. Since we assume the risk in this transaction, you have nothing to lose by applying for lawsuit funding.

Find Out How Much You Can Borrow by Contacting Us Today

Wondering how much funding your claim could receive? Give us a call today 1-877-USCLAIMS, or fill out our contact form, and we will be happy to help you discover what your options are for pre-settlement funding. Your bills won’t wait, so why should you?

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