For many plaintiffs, the road to justice can be a lengthy and financially draining journey. Legal battles, especially in personal injury cases, product liability lawsuits, or employment claims, often drag on for months or even years. During this time, plaintiffs are faced with the financial burden of paying their bills, covering medical costs, and managing day-to-day expenses, all while their case progresses in the court system. Fast Funds, Inc. is here to help by offering lawsuit funding that allows plaintiffs to keep their lives on track financially while they wait for a settlement or judgment.

Lawsuit funding, also known as litigation funding or pre-settlement funding, is a financial lifeline for plaintiffs. It allows individuals to receive a cash advance on the expected settlement or judgment of their lawsuit. This advance can cover living expenses, medical bills, and even some of the legal fees associated with the case. What’s unique about lawsuit funding is that it is non-recourse, meaning plaintiffs are not required to repay the funding if they lose their case.

What Is Lawsuit Funding and How Does It Work?

Lawsuit funding can provide significant financial relief to plaintiffs who are facing financial strain during a long legal battle. In simple terms, it’s a cash advance provided by a lawsuit funding company, like Fast Funds, Inc., that is based on the expected outcome of a legal case. If the case results in a settlement or judgment in favor of the plaintiff, the lawsuit funding company is repaid from the proceeds of that settlement. If the plaintiff loses the case, they do not have to repay the advance, making it a low-risk option for those in need.

The Application Process

The application process for lawsuit funding is generally simple and can be completed online or over the phone. Once a plaintiff contacts Fast Funds, Inc., they will provide basic information about the case, including the type of lawsuit, the expected timeline, and the attorney representing them. The funding company will also request documentation of the case, such as the complaint filed with the court and any medical records or invoices.

Once this information is provided, the lawsuit funding company will evaluate the case and determine if it qualifies for funding. This evaluation is typically based on the strength of the case, the likelihood of success, and the potential settlement amount. Importantly, plaintiffs do not need to have good credit, nor do they need to demonstrate their ability to repay the funds out-of-pocket. The decision is based on the merits of the lawsuit itself, making it accessible to many plaintiffs who would otherwise be denied traditional loans.

- 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 Funding Process

Once the lawsuit funding company approves the application, the plaintiff can receive the funds in as little as 24 to 48 hours. These funds can be used for a variety of purposes, including:

Rent and Utilities: Staying up to date with monthly rent or mortgage payments and utility bills can be a struggle when a case is dragging on. Lawsuit funding can cover these essential expenses to prevent plaintiffs from falling behind financially.
Medical Bills: Many plaintiffs involved in personal injury or worker’s compensation claims face substantial medical expenses. Lawsuit funding can help cover medical treatments, hospital bills, and rehabilitation costs while waiting for a settlement.
Legal Costs: Lawsuit funding can also be used to pay for case-related expenses, such as expert witness fees, filing costs, and legal consultation charges. This helps plaintiffs avoid additional financial stress during their case.
Living Expenses: In addition to fixed expenses like rent, lawsuit funding can cover the cost of daily necessities, groceries, and transportation, helping plaintiffs maintain their normal lifestyle while their case is pending.

The Benefits of Lawsuit Funding

Lawsuit funding offers several distinct advantages that can provide much-needed relief to plaintiffs. Here are some of the top reasons why plaintiffs choose this option:

1. Financial Relief Without the Need for Traditional Loans

Unlike traditional loans, lawsuit funding is non-recourse. This means that plaintiffs are not required to pay back the funds if they lose the case. This offers a level of financial security not found in conventional loans, where borrowers are personally liable for repayment regardless of the loan’s outcome. As long as the case is ongoing, plaintiffs can focus on their legal battle without worrying about mounting debt.

2. No Credit Checks or Employment Verification

Many plaintiffs involved in lawsuits are already experiencing financial hardship, often leading to poor credit or job instability. One of the most significant advantages of lawsuit funding is that it does not require a credit check or verification of income. This makes it accessible to a broader range of plaintiffs, including those who might be denied other forms of financial assistance.

3. Quick Access to Funds

When a plaintiff is struggling to cover expenses, time is of the essence. Lawsuit funding allows plaintiffs to access cash quickly, often within a couple of days of applying. This fast turnaround can help plaintiffs avoid late fees, prevent foreclosure, and ensure that essential bills are paid while their case is pending.

4. Focus on the Case, Not the Finances

Lawsuit funding helps plaintiffs stay focused on their legal case without the added stress of financial struggles. With fewer distractions and the ability to cover daily expenses, plaintiffs can work closely with their attorney and avoid the pressure to settle for less than they deserve due to financial desperation. This helps plaintiffs pursue justice with peace of mind, knowing they have financial support in place.

Is Lawsuit Funding Right for You?

While lawsuit funding can be incredibly helpful, it may not be the right solution for everyone. It’s important to understand the terms, fees, and structure of the funding before applying. Here are some key factors to consider when determining if lawsuit funding is the right choice:

1. The Strength of Your Case

Lawsuit funding companies generally look for strong cases with a high likelihood of success. If you’re involved in a lawsuit that’s unlikely to result in a favorable judgment or settlement, you may not qualify for funding. It’s crucial to consult with your attorney to get an honest assessment of your case’s chances before applying for lawsuit funding.

2. The Cost of Funding

Lawsuit funding is not a free service, and the fees can vary depending on the company and the specifics of the case. Some lawsuit funding companies charge high-interest rates, which can increase the overall cost of the advance. It’s important to carefully review the terms of the funding agreement and make sure you understand the costs involved before accepting the funds.

3. The Length of Your Lawsuit

If your lawsuit is likely to be settled quickly, lawsuit funding may not be necessary. However, if your case is expected to drag on for months or even years, funding can provide significant relief. Plaintiffs should weigh the potential length of their lawsuit against the cost and benefits of taking a cash advance.

The Risks of Lawsuit Funding

Although lawsuit funding offers several advantages, there are some potential risks that plaintiffs should be aware of:

1. High Fees and Interest Rates

Depending on the company and the specifics of the case, lawsuit funding can come with high fees and interest rates. These charges are typically added to the amount that the plaintiff is required to repay upon receiving their settlement. Over time, these costs can add up, especially if the case is prolonged.

2. Impact on Settlement

In some cases, accepting lawsuit funding may reduce the total settlement amount that the plaintiff ultimately receives. Since the funding company will take a portion of the settlement as repayment, plaintiffs may receive less than they would if they had waited for the case to settle without seeking financial assistance.

How Fast Funds, Inc. Can Help

At Fast Funds, Inc., we are committed to providing plaintiffs with the financial support they need during lengthy lawsuits. We understand the stress that can come with long-term litigation, and we offer lawsuit funding that can help you manage your living expenses, medical bills, and legal fees while your case is ongoing.

We offer competitive rates, quick access to funds, and a straightforward application process. If you’re involved in a lawsuit and need financial relief, Fast Funds, Inc. can help you navigate the financial challenges of litigation so you can stay focused on your legal case.

For more information about lawsuit funding and to apply, visit our website or contact us for a free consultation.

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