Lawsuit Funding Companies
– Tips For Getting Funding
Mar 17, 2010
Lawsuit funding has become a very popular way to get money before a lawsuit has reached a settlement. It allows the plaintiff to have access to cash long before the settlement has been reached, which can help them to pay off medical bills, monthly bills, or other living expenses. But not everybody is an ideal candidate for lawsuit funding. If you’re interested in using lawsuit funding to help you while you are waiting for a settlement to be reached, here are a few tips that will help you to get your application approved by the lawsuit funding company that you have selected.
Tip #1:Filling Out the Application
Tip #2: Be Timely
Tip #3: Paperwork
Underwriters decide if you are going to get the lawsuit funding advance not based on your credit score or employment, but on the likelihood that your case will be won or a settlement will be reached. In order to make a decision about this, they need to have access to some of the information about your case. This includes expert reports, witness statements, police reports, medical records, and anything else that can help them to get the full picture of your case. It is this type of information that will help them to decide if your case is one that is likely to win or not. It is also a good idea to let your lawyer know that you plan on looking for a lawsuit funding advance, so that they can have all of the information that you need available for the underwriter to peruse.