Lawsuit Funding

How Fast Can You Get a Lawsuit Cash Advance After Filing a Case?

Posted on by Fast Funds, Inc.
How Fast Can You Get a Lawsuit Cash Advance After Filing a Case?
15
Dec

Filing a lawsuit can be a lengthy process, often stretching over months or even years. During this waiting period, many plaintiffs face significant financial challenges, from paying medical bills to covering day-to-day expenses. A lawsuit cash advance provides financial relief, but how fast can you access the funds after filing your case? In this guide, we’ll break down the entire process, from applying for a lawsuit advance to understanding the factors that influence how quickly you can receive the funds.

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The Lawsuit Cash Advance Process How Fast Can You Get a Lawsuit Cash Advance After Filing a Case?

Once you’ve filed your case and are facing financial pressure, applying for a lawsuit cash advance can provide you with immediate support. The process, while simple, involves several important steps that can affect how fast the funding is secured. Below are the primary stages involved in obtaining a cash advance for your lawsuit:

  1. Application Submission
     The first step in obtaining a lawsuit cash advance is to submit an application to the funding company. This can typically be done online, and many companies offer a free consultation during which you can ask any questions about the process. In the application, you’ll need to provide some basic details about your case, such as the type of lawsuit, the expected timeline for settlement, and the attorney representing you. The information provided will allow the funding company to determine the viability of your case and estimate how much funding they’re willing to provide.

The application process is quick and easy, typically taking just a few minutes. Many companies will also allow you to upload documents related to your case, such as your complaint, medical records, or any settlement offers you’ve received. This documentation helps the funding company evaluate your case and determine if you’re eligible for funding. Depending on the complexity of your case and the specific company, this initial step can usually be completed within 24 hours.

  1. Case Review and Evaluation
     After submitting your application, the next step is the review and evaluation of your case. During this phase, the funding company will assess the strength of your case, the likelihood of a successful outcome, and how much funding they are willing to offer. In many instances, the funding company will contact your attorney to obtain further information about the case, including updates on the status of the lawsuit and an estimate of when the case is likely to settle.

- WHAT CLIENTS ARE SAYING -

In June, my wife and I asked our attorney about giving us a loan against any settlement proceeds from our case. He told us that the state bar does not
permit lawyers to participate in the financing of clients. The offer of settlement was very low so the case needed to be filed in court. I called Fast Funds. Within 24 hours, I had entered into an agreement with them, selling a very small portion of the anticipated proceeds to them in exchange for immediate financing. Now my suit is in court and I don't have to worry about money until it's outcome. Thank god for Fast Funds
B.G.
As a result of the advances you have made to our client, we were able to refuse an extremely low settlement offer and take the case to court. We settled the day of the trial for a very generous sum. Had there been no advances by Fast Funds, our client would have had no choice but to accept the inadequate offer since he was in severe debt due to his inability to work. Thank you for your helpful assistance in providing our client with the ability to persevere.
C.F.
I was involved in an accident which took my left leg. I was forced to live homeless for eleven months. Thanks to the Fast Funds people advancing money. I now live in an apartment,I am walking on a prosthetic and otherwise getting my life back together, even though my attorney has not yet settled my lawsuit. I don't know what I would have done for money because the insurance company has offered nothing so far.
A.R.S.
I was involved in an auto accident which caused me to suffer a herniated disc. Because of this injury, I was forced to miss many months of work. I had no income and no place or person to turn to for money. My attorney told me he was unable to help with any financing and the insurance company was refusing to settle the case. I turned to a company called Fast funds. They immediately reviewed my file and took the financial pressure off by providing me with interim financing. I am now able to wait for as long as it takes for my lawyer to achieve a successful result in my case. Without the financial involvement of Fast Funds, I don't know what I would have done.
K.P.
I wanted to thank you for your sensitivity in helping me cope through a very difficult time in my life. Without your help, I would have been unable to pay my rent , forcing my wife and children to be put on the street. I have not been able to return to work and I was tempted to accept the insurance company's very low offer to settle, even though I knew it was not fair or reasonable. You have given me the ability to withstand the financial pressures. Thanks for your help. I will never forget it
C.S.
I have in the past referred clients to Fast Funds Inc., a non-recourse company. The experience of my clients
and my firm were totally positive. Fast Funds was responsive to the clients financial and emotional needs, provided the necessary emergency money and did not interfere in any manner with my handling of the cases. The clients, without my input, negotiated the advance directly with the company. In each case, they were completely satisfied with the final result of the case, including the amount of profit earned by Fast Funds. Non-recourse funding is clearly a valuable tool to the plaintiff's attorney.
M.J.L.
"I am writing to recommend the valuable assistance of the Fast Funds Inc., a company that provided interim funding to financially needy clients. They help to insure that a case will be brought to a successful resolution. A good case in point is when I was offered $75,000.00 for a seriously injured client. Had she not been able to take advantage of the advance financing offered by Fast Funds, I would have been forced to take the money. As it turned out, because my client now had the financial ability to withstand the pressures of time, I tried the case to a jury and received a verdict of $315,000.00.
M.S.D.
It is my belief that non-recourse companies, such as Fast Funds, the company to whom I refer my needy clients, perform an invaluable service to both the client and the attorney. Simply put, it is common knowledge that one of the tools negotiation utilized by insurance companies is time. Offering
considerably less money than the actual case value to a client in desperate need of funds while the case is pending, gives the insurance companies a tremendous advantage. This advantage is minimized and the playing field is leveled when the client has the ability to obtain funds for a minimal portion of the anticipated proceeds. Many times, with no prospects of income, an injured party will settle the case for whatever offer is made.
R.J.F.

The time required for the review process can vary depending on the complexity of your case. For some cases, this process may take as little as a few hours, while more complicated cases may require additional time for evaluation. If your attorney is responsive and provides all necessary documentation, the review process can move quickly, typically taking between 24 and 48 hours. If your attorney is slow to respond, it could delay the process, so it’s important to ensure that your attorney is on board with the funding request and is ready to assist when needed.

  1. Approval and Offer of Funding
     Once the review process is completed, the funding company will make a decision about whether to approve your application and provide the funds. In most cases, if your case is deemed strong and there is a high likelihood of success, you will receive approval relatively quickly. The approval process can take anywhere from a few hours to a couple of days, depending on the funding company’s internal procedures.

Upon approval, the funding company will extend an offer for a cash advance, specifying the amount of money they are willing to provide and any fees or charges associated with the advance. At this point, you will have the opportunity to review the offer and decide whether to accept it. If you accept the terms, the company will begin the disbursement process, and you can expect to receive the funds shortly thereafter.

  1. Disbursement of Funds
     The final step in obtaining a lawsuit cash advance is the disbursement of funds. Once approved, many companies can disburse funds very quickly, sometimes within 24 hours. Some companies even offer same-day funding for emergencies. The funds are typically deposited directly into your bank account, or in some cases, provided via a check or wire transfer. The exact method of disbursement will depend on the funding company and your preference.

It’s important to note that while many companies provide fast funding, the exact timeline can vary based on several factors, including the complexity of your case, the type of advance you’re applying for, and the company’s internal processes. If you need the funds quickly, be sure to choose a funding company that offers expedited service and ensure that all necessary paperwork is submitted promptly.

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What Affects the Speed of Getting a Lawsuit Cash Advance?

The speed at which you can access a lawsuit cash advance is influenced by several factors. Understanding these factors can help you manage your expectations and take steps to speed up the process:

  • Case Type: Some types of cases are more straightforward than others, leading to faster approval times. For example, personal injury cases often receive faster reviews and approvals than more complex cases, such as class-action lawsuits or business disputes. The simpler the case, the quicker the evaluation process tends to be. 
  • Attorney Cooperation: The role of your attorney is crucial in speeding up the lawsuit funding process. If your attorney is responsive and provides the necessary information quickly, the process can move faster. Delays in communication between the funding company and your attorney can result in slower processing times. Therefore, it’s essential to ensure that your attorney is on board with the lawsuit funding process and is prepared to respond promptly to any requests from the funding company. 
  • Funding Company’s Process: Not all lawsuit funding companies operate the same way. Some companies have streamlined processes in place that allow for faster evaluations and approvals, while others may take longer due to internal procedures or the volume of cases they handle. If speed is a priority for you, it’s worth researching different companies to find one with a reputation for fast approvals and disbursements. 
  • Documentation: The faster you can provide the necessary documentation to the funding company, the quicker the process will be. If your case requires additional paperwork or clarification, this can delay the approval process. Be sure to have all relevant documents ready, including medical records, police reports, and attorney communications, to avoid delays.

Why Choose a Lawsuit Cash Advance?

A lawsuit cash advance can provide much-needed relief while you wait for your case to settle. Unlike traditional loans, a lawsuit cash advance is non-recourse, meaning you only repay the advance if you win your case. If your lawsuit is unsuccessful, you are not required to repay the funds. This makes a lawsuit cash advance an appealing option for plaintiffs facing financial difficulties during a lengthy legal process.

Additionally, lawsuit funding can help you avoid settling your case for less than it’s worth simply to cover immediate expenses. Many plaintiffs feel pressured to accept early settlement offers that don’t fully compensate them for their injuries or losses because they can’t afford to wait any longer. A lawsuit cash advance alleviates this pressure by providing you with the financial support you need to wait for a fair settlement.

While the timeline for receiving a lawsuit cash advance can vary, the process is generally quicker than most people expect. With the right documentation, a responsive attorney, and a reputable funding company, you can typically access the funds you need within a few days to help cover your living expenses and medical costs while waiting for your case to settle.

If you’re considering a lawsuit cash advance, it’s essential to understand the process and choose a funding company that can offer fast, reliable service. At Fast Funds, Inc., we provide quick access to lawsuit funding, ensuring that you can stay financially secure throughout your legal journey.

Get in touch with Fast Funds, Inc. today to find out how we can help you with a lawsuit cash advance and provide the financial relief you need.

To learn more about this subject click here: Items Needed for a Lawsuit Cash Advance