Settlement Funding for a Lawsuit
If you are searching for settlement funding for a lawsuit that has recently settled or currently pending, contact LawLeaf today by applying online or calling us toll free. LawLeaf is leading provider of lawsuit settlement loans provides settlement funding to plaintiffs that have the legal representation of an attorney. Settlement funding is a term that is used when describing a lawsuit cash advance against a personal injury or commercial litigation claim. We currently work with clients throughout the United States and Canada that are in dire need of money to help pay for bills while waiting for compensation.
In the News:
LawLeaf is proud to announce the development of our new settlement center. The settlement center will be dedicated to providing information and assistance to those plaintiffs that have recently reached a lawsuit settlement but can’t wait until proceeds are paid. Over the last several years, LawLeaf has seen an increase in applicants requesting post settlement funding; loans against settled lawsuits. These clients oftentimes call LawLeaf because they have an immediate financial obligation that can’t wait. While LawLeaf strives to offer the most competitive rates for pre settlement funding, post settlement funding typically offers lower rates than advances against pending lawsuits. The reason is risk. When providing pre settlement funding there is a risk the underwriter won’t get paid back if the case is lost.
The increase in settlement funding for recently settled lawsuits is an indication that insurance companies are in no hurry to pay for recently settled cases or judgments. If you are searching for commercial litigation funding chances are the defense will also delay payment for as long as they can. While the courts will mandate a time in which proceeds need to be paid, oftentimes it can take months before compensation is received.
Most people that are going through the legal processes of obtaining fair compensation for their lawsuit are unaware that it can take weeks or even months to receive compensation after a settlement. In fact, the majority of the plaintiffs currently going through the legal processes of a personal injury or commercial litigation claim believe compensation should be paid within days of winning their case. Lawsuit settlement funding can help you until compensation is paid.
If you are currently searching for a settlement funding company that can provide you an advance against your lawsuit, begin by applying online with LawLeaf.
Please note: LawLeaf can obtain settlement funding for most settled cases within 24 hours of receiving the settlement letter/offer. We have also been successful in obtaining pre settlement funding for our clients within the same time frame.
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