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PROBATE CASE ADVANCE IN 24HRS!
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ADMINISTRATOR DISPUTES OK
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Injury Advance
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FAQ
What is Pre-Settlement Probate Funding?
Pre-settlement funding, also known as lawsuit funding or litigation financing, is a cash advance provided to plaintiffs involved in probate lawsuits or other types of legal cases. It allows them to cover living expenses and medical bills while awaiting the resolution of their case.
How Does Pre-Settlement Probate Funding Work?
Application: The plaintiff applies for pre-settlement probate funding by providing details about their case.
Evaluation: The funding company reviews the case details, working with the plaintiff's attorney to assess the likely outcome and potential settlement amount.
Approval: If approved, the funding company offers a cash advance to the plaintiff.
Repayment: The plaintiff repays the advance from their settlement once the case is resolved. If the plaintiff does not win the case, they typically do not have to repay the advance.
Do I need to have good credit to qualify for pre-settlement probate funding?
No, pre-settlement probate funding is not based on your credit score or employment status. The approval is based primarily on the merits of your case.
What are the benefits of pre-settlement probate funding?
The benefits include
Financial Relief: Provides immediate funds to cover living expenses, medical bills, and other costs during the litigation process.
No Risk: If you lose your case, you do not have to repay the advance.
Leverage: Gives plaintiffs the financial stability to avoid settling for a lower amount due to financial pressure.
Non-Recourse: The funding is non-recourse, meaning repayment is contingent upon winning the case.
How long does it take to get approved?
The approval process can vary, but it generally takes anywhere from 24 to 48 hours after the necessary information is received from your attorney.
How do I repay the advance?
Repayment is made from the proceeds of your settlement once your case is resolved. Your attorney will handle the repayment directly from the settlement funds. There are no monthly payments to be concerned with.
