Applying For a Lawsuit Advance

 Getting A Lawsuit Advance

There are a few things you should know if you are considering a Lawsuit Advance. A lawsuit cash advance is not the same a applying for a payday advance.

One of the major considerations is the fact that your credit rating has no bearing on whether or not you qualify for a lawsuit loan.

When you apply for a cash advance against a lawsuit, you are essentially using the lawsuit settlement as collateral. This could before or after you settle on the case . When you apply for a pay day loan you are using your future wages as collateral. The difference between the two are very distinct.

When you apply for an advance against your lawsuit it’s not a loan. A lien will be attached to the lawsuit and the only recourse is the compensation from the case being settled. If you lose your case you owe nothing.

If you apply for a pay day advance a lien will be attached to your next paycheck. The money will come out of your check.This is the reason you don’t have to provide a social security when applying for a cash advance against a lawsuit.This form of Legal funding is non recourse. When you apply for a payday loan you are required to give your social security number, as it is a loan.

When you apply for an advance with your bank it’s similar. The bank will ask you to put up some form of collateral as a guarantee. They may provide cash advances for short term fixes or loans to purchase a car or home.

Unless it is a personal loan, a bank will want to know what you intend to purchase. When you apply for an advance against your legal claim, the lawsuit lender only has one rule; the money must not go to pay your legal fees. You can essentially use the money at your own discretion.

If you are considering applying for a cash advance against a lawsuit, contact Hopkins Lawsuit Funding today. The process is quick and easy. We handle all the details in securing you the cash advance against your lawsuit.

Plaintiff Funding Documentation

Lawsuit Funding Application