Learn more about pre-settlement lawsuit loans on personal injury and other claims.
Legal funding entered the spotlight, and regulation looms. One of the main issues is whether such funding qualifies as a loan. This is now a topic of state and federal discourse. One of the key issues is whether legal funding violates state usury laws. Federally, and in most states, legal funding skirts the confines of …
The Debate Over Legal Funding – Loans vs. Investments Read More »
If you are relatively new to the legal funding world, you are probably wondering what these terms mean. Today, let’s focus on the difference between pre settlement and settlement advances (both forms of legal funding) and structured settlements. Legal Funding – Pre and Post-Settlement Funding The legal funding industry has many facets, but one of …
Underwriting is a thing not everyone is familiar with. For different industries it can mean different things. In litigation finance, sometimes called legal lending, an underwriter is a very important part of the process. In many cases underwriters are attorneys or paralegals; people with expertise in the law. It’s their job to see if the …
While “what’s my case worth?” might be one of the most common questions personal injury attorney get, “how much can you approve me for?” is definitely our most common question at Uplift. Because we typically can advance up to a percentage (10% – 15%) of conservatively estimated case value, the first question answers the second. …
Every funding company tries to streamline their process to make it quick for the customer. But sometimes it doesn’t feel like that. Look no further than the DMV for proof of that. The Legal Loan industry also tries to keep it short and sweet, but it can seem like you’re being grilled under an interrogator’s …
Most industries tend to find their formula and stick with it. Sure, some companies may sell seasonal products and offer special promotions, but you won’t see McDonalds suddenly decide to start to make and sell lawnmowers. Lawsuit lending is not one of those static industries. First off, the whole business is probably only about twenty …
Have you applied for lawsuit funding loan only to be turned down or approved for way less than you thought you would? Then when you tried another company, you were told the same thing? Your attorney told you your case could be worth millions! How could these companies not get that? Well, there are many …
Here’s the scenario: you’ve been injured in an accident and you had to stop working because of your injury. You expected your case to be settled in six months, but it’s taken 18 months and there’s still no end in sight. You can’t afford to pay your rent much longer. What do you do? For …
This is as cut and dry as you’ll get it. These are the 7 things you need to know about lawsuit funding. Nobody wants to get injured, nobody wants to pursue a personal injury case, and nobody should really want to take out funds from their legal claim. But you might need to. If that’s …
Often, paralegals or legal assistants deal with their client’s lawsuit funding needs. Generally, if a client has applied to many lawsuit funding companies, meeting the expectations of several funders can become a little much. This is a guide to dealing with your client’s lawsuit loan needs in a way that saves you and your office …
