Pre-Settlement Funding

When you begin looking for pre-settlement funding for a personal injury case you must first understand a few critical items. When applying for pre-settlement funding for a lawsuit you must first have legal representation from a lawyer or attorney. No matter which pre-settlement funding company you choose they will require you have legal representation before processing your application.

You should also know there are many different types of funding available for lawsuit cases. If you have received a settlement and are already receiving payments through a payment schedule, you should try locating a structured settlement funding company. This company provides funding based upon your annuity.

There are also other legal funding for both commercial litigation and law firm loans. While most funding companies will offer an array of different funding cases, there are those company that provide a specialized area of funding.

Pre-settlement funding is unlike a regular loan in that a pre-settlement loans are offered on a non-recourse basis. Non-recourse means you only have to pay back the funding if you are successful in receiving compensation for your case. Pre-settlement funding are generally offer a higher interest rate than that of a standard loan because these loans are more riskier for the lender.

When evaluating a pre-settlement lawsuit funding company you should understand the following:

  • Each company sets their own rates
  • Companies tend to charge different rates for the same cases
  • Some pre-settlement companies will only take selected personal injury cases while others will take a vast majority of personal injury cases.
  • Depending upon the strength of your case will depended upon the approval of your case
  • If a pre-settlement funding company takes on a higher risk their rates are typically higher

When you are searching for the right pre-settlement funding its better to have more alternatives. The right thing to do is select the company that makes most sense to you. Whether you are searching for the lowest rate, a flexible payment structure or a company that will offer you the most amount of cash upfront, finding that company can be a very complicated task.

LawLeaf is a free legal funding service that gives consumers an option. LawLeaf works with those people trying to secure the right pre-settlement funding for their personal injury case. We work with numerous legal funding companies ready to compete for your business.

If you are currently searching for Pre-Settlement funding visit LawLeaf today.

54 Responses

  1. I was involved in an accident and now looking for pre-settlement funding to help pay for some of my immediate bills. Has anyone had good or a bad experience with this lawleaf company? I’ve looked at it and I just don’t really understand what they are offering.

  2. Hello Katie

    I used lawleaf several weeks ago and they did what they claim. They found 3 lenders and I signed on with one of the lenders. I would use them again.

  3. Hi Chris,

    I hope you read this. I used Lawleaf and I received 3 quotes back fairly quickly. One company actually approved my application the same day I submitted the information to lawleaf. It is kind of strange because all 3 quotes were a little different. I decided on the second quote I received because the amount of interest was lower than the other 2.

    I would like to thank you for the recommendation!

  4. I’m glad I could help! Good luck with your case..

  5. thankyou very much lelgalcatch. I did continue with the company here and they got me money for my case. I wanted to be very good and says that this was good. and they did get me money from a few lenders. what i wanted to say was that this is a good website and you gave a good recommenation. Thank you…..

  6. We applied our case through lawleaf and we still haven’t heard back from their lenders. Is there a reason for not hearing back or is it because of something else. i used lawleaf because of you guys.

  7. Scratch that last comment, we heard back from them today. The one lender told me that my attorney wasn’t available. I didn’t know these type of lenders needed to talk or get information from my attorney. Sorry about the comment!

  8. That is typically the most common reason why these types of loans can get held up. Every lawsuit funding lender has to talk to your attorney to make sure you indeed have a case. Sometimes loans can take longer for some people if the lender isn’t able to connect with the attorney.

  9. I read this post several days ago and figured I would leave a comment based upon my experience. Prior to me applying through Lawleaf, I applied with one company on my own. The lender asked me if I had applied with other companies and I said no. I did get approved but was unsure about the amount of money they were charging me for the loan.

    I did a search for another company and I found this website and this article. Instead of going through the process again on my own, I submitted the application through Lawleaf. It just so happened that one of their companies was a the same company I first applied with on my own.

    The same company that I first applied with came back and tried negotiating a better rate and I’m guessing it was because they knew my application was getting sent around and they were now in a situation where they were competing for my loan.

    I was soon approved by the other two companies whom were much lower than the first offer I got on my own. I did not end up going with the company that I contacted on my own, even though they came down to one of the other lenders rate. In fact, the rates were exactly the same. So I took the other company because I felt like they tried taking advantage of me.

    I find it funny that my rate would change for the better because I went through Lawleaf. My recommendation would be no matter which direction you go, I would make sure to let them know you contacted Lawleaf even if you don’t.

    My experience in working with lawleaf was actually pretty good. When I submitted my application they had a rep follow-up via email to let me know they had sent my application over to their lenders and their lenders would be in contact with my attorney and me.

    It was quite easy and instead of having to follow-up their lenders were right on top of my case. So based upon my recommendation, I would recommend them without a doubt. Thanks for writing this article.

  10. I am going to apply for legal funding for an automobile accident. I’m looking at lawleaf and it seems pretty straight forward. Can anyone tell me if they will charge me if I don’t get approved? I need to find out this before I start applying. I would rather use them because I don’t want the hassle of filling out these long applications that I see on most of these sites and certainly not my social security number. Please let me know thanks.

  11. I’ve applied for legal funding in the past with a company that was pretty good however that company doesn’t exist. I applied my recent pre-settlement case through lawleaf a few days ago. Based upon both experiences I will comment on the following. The first time I tried to get pre-settlement I applied with about 6 different companies and the process to say the least sucked. It took me a half a day and most of them never got back to me. I did get funding from one company however the rates were very high but I needed the money so I signed on. The company I dealt with was a pretty good company and I would have probably applied through them again if they were still in business.

    I applied with Lawleaf and I got two companies that contacted me. Both companies seemed to be very interested in my pre-settlement advancement. I guess the nice thing about it is I heard from both lenders about an hour or 2 after I submitted my information to lawleaf. I got an email back from lawleaf that night stating that one of the 3 lenders decided to pass on my cash advancement.

    The next morning I received a call from the other 2 lenders stating I had been approved and they would send over a contract (typical procedure for each company). I ended up again because I need the money moving forward with one of their network of lenders (as they call them).

    I can tell you this, they were much quicker than me having to do it myself and I’m assuming the rates were probably comparable. I also didn’t want to fill out all that stupid information that is required by most other companies INCLUDING your social security # and it was one of the reasons why I decided to give lawleaf a try. They don’t require 9/10 of the information as most companies do and I feel uncomfortable giving out private information like that online.

    To answer your questions: they won’t charge you if you don’t get approved, its free to sign up and they will find the lenders for you. You should give them a try. Good luck!

  12. […] Lawsuit funding is a term that is most commonly used by litigation financing companies describing  pre settlement funding or lawsuit cash advances. A lawsuit cash advance can help the plaintiff keep their case open […]

  13. […] in a personal injury case. Essentially there are four different types of settlement advances: pre settlement funding, commercial litigation advances, structured settlement advances & law firm loans. The most […]

  14. […] pre settlement funding, structured settlement, commercial litigation financing and attorney loans. Pre settlement funding is the most common funding […]

  15. […] funding for a personal injury dispute prior to a case reaching a settlement, it is referred to as pre settlement funding. Pre settlement funding is typically used by the plaintiff primarly to help pay for expenses while […]

  16. My lawyer will not authorize a pre-settlement loan.

  17. Your company was recommended to me by a friend, who said you responded quickly. I submitted my application on tuesday, july 21st. A rep called me within an hour of submission. But as of today, I still haven’t heard anything. O hope to be contacted soon because my situation has become desperate.
    If and when I do hear something about my application status, I promise to post it here.

    Thank you

  18. Hi Donna- I found Law Leaf on this site too. I went through hoops to find a company that would be willing to fund my case before I read this article and I’m telling you to hang in there. They took a little longer but they were the only company that could find me money. I’m not saying it took over night and maybe because my case was a little complex it took longer, but trust me this company can get you funded if you have a good case. I promised my representative Chris that I would be willing to comment on these types of things and because they were able to get me the pre settlement funding I’m doing so. They are actually a really good company.

  19. Oliva- The firm I used was Jacobs and Crumpler in Delaware and they told me the same thing but ended up being fine with the cash advance. I would explain to them or have law leaf explain to them that you really need the money. I think you will find that the attorney will be fine with the advance as long as you explain you really need the money.

  20. I pay a visit everyday some web pages and sites to read articles or reviews, but this website provides feature based content.

  21. How long doesn’t it usually take for you to receive the actual money?

  22. I meant how long DOES it usually take to receive the actual money

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  29. One thing to consider when you decided to apply for pre-settlement funding, is that if you are a part of a large, class action lawsuit, companies are very reluctant to provide funds to you. I would only consider it if you have a specific civil case, or injury case; again, keep in mind that they evaluate each case differently.

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  52. Are there any pre-settlement funding companies that accept worker’s compensation cases in California? I can’t find one

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