What is the lawsuit funding application process?

The application process is simple and can be completed online or over the phone. You'll need to provide basic information about your case including the type of injury, your legal representation, and your attorney's contact details. You'll provide a brief case summary, and some companies may require a medical report or police report. Fast Funds makes it simple to apply from home through their website or by phone.

What factors affect how quickly I can get lawsuit funding?

Three main factors affect timing: attorney involvement (prompt attorneys speed up the process), case complexity (simple car accident cases process faster than complex medical malpractice or class actions), and state regulations (some states require additional paperwork). Your attorney's familiarity with the funding process and quick response to documentation requests significantly impacts speed.

Can I receive lawsuit funding on the same day?

Yes, Fast Funds can sometimes provide funding the same day if all documentation is in order. After your case is approved and you sign the funding agreement, funds are typically disbursed within 24-48 hours, but same-day funding is possible when everything is complete. Disbursement can be made directly to your bank account, by check, or wire transfer.

How does attorney involvement affect lawsuit funding speed?

Attorney involvement significantly impacts the timeline. If your attorney is prompt in providing required documentation and answering questions the funding company may have, the process goes much faster. However, if the attorney is slow to respond or additional information is needed, it could delay the process. It's essential to choose an attorney familiar with the lawsuit funding process who will collaborate with the funding company to expedite approval.

How Long Does It Really Take to Get Lawsuit Funding?

Lawsuit funding, also known as pre-settlement funding or lawsuit loans, is a financial product that allows plaintiffs to secure money while they wait for the outcome of their legal case. It can provide crucial support for individuals facing financial hardship during their lawsuit, particularly when they are unable to work due to injury or when settlement money is far away.

Unlike traditional loans, lawsuit funding is a non-recourse product. This means if you lose your case, you do not need to repay the money you received. This makes it an attractive option for individuals who need financial assistance but are uncertain about their case’s outcome. The question most people ask when considering lawsuit funding is: How long does it really take to get lawsuit funding?

The Application Process An Overview

The process for obtaining lawsuit funding is typically fast and straightforward. Most lawsuit funding companies, such as Fast Funds, Inc., offer a simple application process that can be completed online or over the phone. Here is a closer look at the steps involved:

Applying for Funding

The first step is to apply for lawsuit funding. The application typically asks for basic information about your case, including the type of injury, the legal representation you have, and your attorney’s contact details. Fast Funds makes it simple for you to apply from home, either through their website or by speaking with one of their representatives. You will need to provide a brief summary of your case, and some companies may also require a medical report or police report to proceed with the application.

Case Evaluation and Documentation

Once you submit your application, the funding company will begin evaluating your case. The evaluation process typically takes 24–48 hours. The funding company will review the details of your case, including the type of lawsuit, the strength of your claim, and the likely settlement amount. They will also assess the expected timeline for your case to reach a resolution.

For example, personal injury claims tend to be easier to assess, while more complex cases like wrongful death or class-action lawsuits may require additional time for evaluation. The documentation required for approval might include case summaries, evidence, or attorney communications. Once the company has all the necessary information, they will provide an estimate of how much funding you can receive based on your case’s potential outcome.

- 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.

Approval and Funding

Once your case has been approved, the next step is to finalize the paperwork. This includes signing the funding agreement, which will detail the terms of the advance, including the repayment structure and any fees. After signing the documents, the funds are typically disbursed quickly, often within 24–48 hours. Fast Funds can sometimes even provide funding the same day if all documentation is in order.

The disbursement can be made directly to your bank account, or you may receive a check or wire transfer depending on the agreement. This fast turnaround time is one of the key benefits of lawsuit funding, as it allows plaintiffs to access cash when they need it most.

How Long Does It Take to Receive Funding?

Generally, plaintiffs can expect to receive their funding within 24–48 hours after their case has been approved. This fast pace is particularly beneficial for those facing urgent financial needs, such as medical bills or living expenses. However, the exact timeline depends on several factors.

Attorney Involvement

The involvement of your attorney can significantly impact the timeline. If your attorney is prompt in providing the required documentation and answering any questions the funding company may have, the process will go much faster. However, if the attorney is slow to respond or if additional information is needed from them, it could delay the process. For this reason, it is essential to choose an attorney who is familiar with the lawsuit funding process and who will collaborate with the funding company to expedite approval.

Case Complexity

The complexity of the case plays a critical role in how long the process takes. For example, a simple car accident case where liability is clear and damages are straightforward can be processed quickly. On the other hand, more complicated cases, such as those involving medical malpractice or class actions, may require a deeper evaluation of evidence and expert testimony. In such instances, the funding company may need additional time to assess the case’s value and determine the appropriate amount of funding.

State Regulations

Each state has different laws regarding lawsuit funding. Some states require additional paperwork, while others have specific laws that regulate how lawsuit funding companies can operate. These state-specific regulations may add a layer of complexity to the process, potentially extending the time needed for approval. Fast Funds is experienced in navigating these regulations to ensure that your application is processed quickly, regardless of the state in which you are filing your lawsuit.

How Much Can You Receive and When?

The amount you can receive from lawsuit funding depends on the anticipated settlement or verdict of your case. Funding companies typically provide advances ranging from a few thousand dollars to several hundred thousand dollars. This is determined based on the strength of your case, the likely outcome, and the financial needs you have during the litigation process.

Once the funding is approved, Fast Funds aims to disburse the money quickly, usually within a couple of days. The speed of disbursement is one of the key benefits of working with a lawsuit funding company. You can use the funds for medical expenses, living costs, or to pay for other necessities while you await the outcome of your case.

Can You Get More Funding?

It is possible to apply for additional funding if your lawsuit progresses and you require more money. Fast Funds allows plaintiffs to apply for a second advance if the case is ongoing and additional financial support is needed. However, approval for additional funding depends on the progress of your case and whether your attorney provides the necessary documentation to justify the need for more funds.

Lawsuit funding can be a lifesaver for plaintiffs facing financial difficulty during the litigation process. While the time it takes to receive funding can vary based on factors like attorney response, case complexity, and state regulations, most people can expect to receive their funds within 24 to 48 hours once their case is approved. Fast Funds is committed to ensuring a quick and efficient process, so you can focus on your legal battle rather than financial stress.

If you need immediate financial assistance during your lawsuit, lawsuit funding can provide the support you need to cover living expenses, medical bills, or other urgent needs. To get started, reach out to Fast Funds today for a free consultation and learn how lawsuit funding can help you.

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Lawsuit Funding