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Yes, you may be able to get more lawsuit funding if your case takes longer, but additional time by itself does not automatically qualify you for another advance. A funding company generally looks at the current value of your claim, the amount of prior funding, attorney fees, case expenses, medical bills or liens, available insurance, case developments, and the amount that may remain for you after a successful recovery.
Fast Funds, Inc. works with represented plaintiffs seeking lawsuit funding in Alabama, California, Florida, Georgia, Massachusetts, Michigan, Mississippi, New York, Oregon, Pennsylvania, Texas, Virginia, Washington, and other eligible areas where funding is available. If you already received an advance and your case remains unresolved, you may be able to request another review.
The main question is not simply how long your lawsuit has been pending. The more relevant issue is whether the claim still has enough projected value, after known obligations, to support additional funding.
Does a Longer Lawsuit Automatically Mean You Can Get More Funding?
No. A lawsuit taking longer than expected does not automatically increase the amount of funding available.
A delay can increase financial pressure because household expenses continue while your attorney works on the claim. You may still have rent or mortgage payments, groceries, utilities, transportation costs, medical expenses, and other bills. If your injury has affected your ability to earn income, a longer case can make those expenses harder to manage.
Still, additional lawsuit funding is generally based on the claim and the amount of potential recovery that may remain after existing obligations.
When another funding request is reviewed, factors may include:
- The estimated value of your claim
- The amount of your first advance
- Attorney fees and case expenses
- Medical bills and liens
- Available insurance coverage or other potential sources of recovery
- Your current treatment and documented injuries
- Evidence related to liability
- New developments in the case
- The amount of additional funding requested
- The projected amount that may remain for you after a successful recovery
You can learn more about the general funding process at:
https://fastfunds.us/how-litigation-funding-works/
Why You Might Need a Second Lawsuit Advance
You may need additional funding because your case lasts longer than you originally expected.
For example, you may have received an initial lawsuit advance after a car accident. That funding may have helped you cover household expenses while you were unable to work normally. At that point, you and your attorney may have expected the claim to move forward after your medical treatment reached a clearer stage.
Several months later, treatment may still be ongoing. More medical records may be needed. The parties may still be exchanging information, evaluating damages, or discussing a possible settlement.
Your regular living expenses do not stop during that time.
The first advance may have addressed your original financial need, but an extended case can create another shortage. You can then ask whether your claim qualifies for another funding review.
In this situation, the delay explains why you need more money. It does not automatically establish that the case can support another advance.
Learn more about lawsuit advances at:
https://fastfunds.us/lawsuit-advances/
- WHAT CLIENTS ARE SAYING -
What Can Make Additional Lawsuit Funding Possible?
Additional funding may be possible when updated case information shows that enough potential recovery remains to support another advance.
A personal injury claim or another qualifying case can develop over time. Medical treatment may become more complete, which may provide clearer documentation of an injury. Insurance coverage may be confirmed. Depositions, medical evaluations, discovery, or other case developments may provide more information about liability and damages.
These developments may give the funding company a clearer picture of the claim than it had during the first review.
Prior funding remains part of the calculation.
Your first advance represents an obligation that may be paid from a future successful recovery under the funding agreement. A second advance creates another obligation. The funding company therefore has to consider the combined amount rather than reviewing only the new request.
Request only the amount you reasonably need. More funding can help with an immediate financial problem, but it can also reduce the amount that remains from a future settlement or judgment.
How Prior Funding Can Affect a Second Request
If you already received lawsuit funding, the existing advance will generally be considered when you request more.
The estimated gross value of a claim is not the same as the amount you may ultimately receive.
A successful recovery may need to account for:
- Attorney fees
- Litigation expenses
- Medical bills or liens
- Existing lawsuit funding
- Additional lawsuit funding
- Other valid obligations connected with the recovery
A claim may appear substantial when you look only at the estimated settlement or judgment. After known obligations are considered, the projected amount remaining for you may be much smaller.
A funding company may limit or decline another advance when prior funding already represents a substantial portion of the amount the case can reasonably support.
Before accepting more funding, review how the new advance may affect your potential net recovery.
You can review common lawsuit funding questions at:
https://fastfunds.us/litigation-funding-faqs/
Can a Case Become More Fundable as It Develops?
Sometimes.
A case that was difficult to evaluate during an earlier review may become clearer as new information becomes available.
Examples include:
- New medical records that provide stronger documentation of your injuries
- Confirmation of applicable insurance coverage
- Evidence that provides more information about liability
- Treatment progress that helps your attorney better understand the nature and extent of your damages
- Case developments that provide a clearer picture of a potential recovery
Those changes may affect a new funding review.
The opposite can also happen. New information may create more uncertainty about liability, available insurance may be lower than expected, liens or expenses may increase, or the projected amount available to you may decrease.
That is why a longer case does not necessarily mean a more valuable case.
Time is only one part of the review. Potential recovery, case risk, available coverage, prior funding, and existing obligations may have a greater effect on whether another advance is available.
What if Your First Advance Was Already Near the Amount the Case Could Support?
Receiving one lawsuit advance does not guarantee that another advance will be available later.
If your original funding already represented a substantial portion of what the claim could reasonably support, the funding company may not approve more unless the case has changed in a meaningful way.
For example, a later review may look different if additional treatment documents greater damages, new evidence strengthens the claim, or insurance information confirms a larger source of potential recovery.
If additional funding is offered, review the agreement carefully. Compare the amount you would receive now with the amount that may become payable from a future successful recovery.
Your immediate needs matter, but the amount you may retain when the case ends also matters.
How Does Non-Recourse Lawsuit Funding Work When a Case Takes Longer?
Fast Funds describes its lawsuit funding as a non-recourse purchase tied to a potential future case recovery rather than a traditional loan.
Under a non-recourse funding agreement, repayment depends on the terms of the contract and a successful recovery. Fast Funds states that if a funded plaintiff loses the case and receives no qualifying recovery, the plaintiff does not repay the advance.
This structure differs from a traditional loan because the funding does not require ordinary monthly loan payments while the case is pending.
The written agreement still controls the specific terms.
Before accepting an initial or additional advance, review how the repayment amount is calculated, what charges apply, and how the passage of time may affect the amount payable from a future successful recovery.
Learn more about non-recourse advances at:
https://fastfunds.us/non-recourse-cash-advances/
Does Your Attorney Need to Be Involved?
Your attorney will generally need to provide information about your case before additional funding can be evaluated.
The funding company may need current information about:
- The status of the claim or lawsuit
- Medical treatment and records
- Available insurance coverage
- Liens or case expenses
- Prior funding
- Settlement discussions or other case developments
Your attorney remains responsible for legal representation and legal advice. The funding company evaluates the case for funding purposes.
Lawsuit funding should not transfer control of your legal claim to the funding company. Decisions about litigation strategy, settlement, and whether to continue pursuing the case remain matters for you and your attorney.
What Should You Ask Before Taking More Lawsuit Funding?
A second advance can provide financial support while your case remains pending, but you should understand the financial effect before accepting it.
Ask questions such as:
- How much money will I receive?
- How will the amount payable from a successful recovery be calculated?
- How does my existing advance affect the new funding?
- How can additional time affect the amount payable under the agreement?
- What happens if my case does not result in a qualifying recovery?
- What charges or fees apply?
- How much of my estimated recovery may remain after known obligations?
- What information does my attorney need to provide?
Clear answers can help you decide whether another advance fits your current financial needs.
Can You Apply Again After Additional Funding Is Declined?
Possibly.
A declined request at one stage of a case does not always mean the claim can never be reviewed again.
A request may be declined because the case does not currently support more funding, available information is incomplete, prior funding is already high compared with projected recovery, insurance coverage is uncertain, or another material issue has not been resolved.
If the case later changes, another review may be possible.
Examples of changes that may affect a later review include:
- New medical documentation
- Confirmed insurance coverage
- New evidence related to liability
- A material change in the estimated value of the claim
- A significant development in settlement discussions or litigation
Another review does not guarantee approval, but a previous decision may not prevent you from asking whether materially changed circumstances support a new evaluation.
Get Answers About Additional Lawsuit Funding
If your case has taken longer than expected and your original advance no longer covers your immediate financial needs, Fast Funds, Inc. can review whether your represented claim may qualify for additional non-recourse lawsuit funding.
Fast Funds, Inc. provides lawsuit funding for qualifying plaintiffs in Alabama, California, Florida, Georgia, Massachusetts, Michigan, Mississippi, New York, Oregon, Pennsylvania, Texas, Virginia, Washington, and other eligible areas where funding is available.
Call 855-576-3444 or visit:
https://fastfunds.us/contact-us/
You can discuss your existing funding, current case status, and whether another advance may be available.
This article is for informational purposes only and is not legal advice. Speak with your attorney about your specific legal situation and review any funding agreement before accepting an advance.