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Learn About the Lawsuit Loan Approval Process

Lawsuits can become extremely expensive and even when you expect a large settlement, it typically takes a nice chunk of change to get there. Lawsuit loans are a great way to receive the settlement you’re expected to get ahead of time, which you can use to fight your lawsuit. With a lawsuit cash advance, you can receive your money up-front – there’s no catch. The best part is that if you don’t win your case, you don’t have to pay the lender back. Lighthouse Legal offers finance services to help ease the financial stress of a lawsuit.

The lawsuit loan approval process is short and simple. It’s free to apply and you can start your application for pre-settlement funding by filling out our online application or calling us toll-free at 1-800-SOS-CASH.

Lawsuit Loan Approval Process
After submitting an application with Lighthouse Legal, either by phone or online, the approval process begins immediately. Most of the process will take place between Lighthouse Legal and your lawyer but you will receive a copy of our request so you can follow up with your lawyer.

We will ask for copies of one or more of the following from your lawyer in order to assist us in the approval process:
• Attorney-client retainer agreement
• Police, accident, or incident report
• Proof of defendant’s insurance coverage
• Summary of medical bills to date
• Other materials that are required for your specific case and legal help

It’s safe to say that the approval process is a fairly quick procedure, so you don’t have to worry about waiting to be approved. The sooner you apply, the sooner you may be able to get pre-settlement funding for your lawsuit.

4 Benefits of a Lawsuit Loan

A lawsuit loan is a popular option among plaintiffs involved in lawsuits. Lighthouse Legal the most active firm in the lawsuit funding market. We’ve helped tens of thousands of people get the lawsuit cash they needed right when they needed it – before their lawsuit settled. There are a variety of advantages to taking a lawsuit loan.

• Allow you to receive the most needed cash.
A lawsuit loan can provide quick financial aid to plaintiffs who are experiencing financial difficulties. A lawsuit can take years to resolve and oftentimes, plaintiffs must agree with a lower financial settlement simply because they are in need of the money. However, a lawsuit loan will allow you to receive cash quickly and avoid settling on a lesser settlement.

• Fast approval.
The process of getting a lawsuit loan is short and simple. Once your application has been acknowledged, lenders will present the fees and terms to both you and your lawyers – if you both approve it, you can get cash very soon after approval.

• No risk
With a lawsuit loan, you don’t need to repay it unless you receive your settlement, so there’s no need to worry about the lawsuit. In simpler terms, even if you lose, you don’t need to pay back your loan.
• Few Requirements.

There is no credit check or employment requirement to get a lawsuit loan – you simply need a case where you are aiming for a financial settlement. You also don’t have to worry about your cash advance affecting your credit score.
While a lawsuit loan isn’t for everyone, there are a variety of advantages to benefit from if you are a plaintiff aiming for a financial settlement.