Get Superior, No-Risk Legal Funding.

This type of financing is when a funding company provides an attorney or a plaintiff with a portion of their settlement or fees in advance of the case settling or after it settles and they are not to be considered loans. All funding provided by Baker Street Funding is non-recourse and the repayment of funds is wholly contingent upon the successful settlement of your litigation. 

Applying with Baker Street Funding is incredibly simple with an application that can be done all online or followed by a phone call. And if you want one-on-one assistance, our lawsuit loan specialists are standing by to help.

The process for plaintiff lawsuit loans consists of the following:

1. Plaintiffs apply online or by phone. An attorney must represent you. Your lawyer’s co-operation is critical in order for us to accept your claim.
2. Then, we perform a rigorous analysis of legal merits and parties, the strength and length of your claim, and the defendant’s ability to compensate.
3. Lastly, we set up a conference call with counsel. The quicker we have any relevant questions answered by the attorney in charge, the faster funds will be released upon approval.
4. Once approved, the lawsuit cash advance will be wired into your account that same day, or we will overnight you a check via Fed-Ex.

The litigation funding process for companies:

This process is different from pre-settlement loans and a lot more complex. This includes an in-depth analysis of a case or portfolio of cases (for attorneys). The underwriting time differs on every application. It takes approximately 72 hours for attorney case funding, and it can take as little as a week for plaintiffs looking for financing with procedurally mature corporate cases and as long as two months for infancy cases.

Baker Street Funding’s initial review of your application is based on our initial phone call, where you will provide publicly available information about your client’s claim. If interest is expressed and depending on your client’s needs, we may require further documentation and a scheduled call with our underwriter. Based on that call/communication and documentation, our underwriter will make the ultimate lawsuit funding decision. Most cases sent by attorneys get funded because attorneys usually send strong claims.

Our involvement as investors does not affect the attorney-client privilege. Multiple recent rulings in all matters of courts have upheld the fact that conversations with third-party lawsuit funding companies are protected by common interest doctrine and thus deemed privileged and confidential. You can rest assure that you are in no way waiving any of your legal rights to confidentiality by seeking funding for your client.

Lawsuit loans many times help victims settle for a larger settlement award because you can wait for your case to settle fairly while you take care of your essential needs. A lawsuit advance funding could help victims challenge the insurance’s low-ball offers.

Learn more about lawsuit funding here  →

We fund the majority of personal injury cases. The most typical cases are wrongful deaths, nursing home negligence, and medical malpractices.

No, lawsuit financing has no risk. Baker Street Funding provides funding on a non-recourse basis – meaning, if you lose the case, you are no longer obligated to repay the legal funds. Funders accept the risk that the case might not win, so your claim is carefully examined to ensure your victory before approving you and making you an offer. 

If your case is secure and you have a high probability of winning, you more than likely qualify.

• If you are an attorney, please call (888) 711-3599 to speak further about your legal loan request.
• For plaintiffs, you must be represented by an attorney to pre-qualify for a lawsuit advance.

The qualifying states for lawsuit financing are as follows:  

Alabama, Alaska,  California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine,  Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Virginia,  West Virginia, Washington, Wisconsin, Wyoming. 

We are currently NOT funding worker's compensation. 

In the following states, we require a minimum amount of funding:

• We currently fund Colorado at a minimum of $75,000.  Case value must be at least $750,000+. 
• We currently fund North Carolina at a minimum of $25,000. Case value must be at least $250,000+. 

• It usually takes between 24-48 hours for the company to analyze your case and approve it. We offer, in some cases,  same-day lawsuit loans such as pre-settlement loans for auto accident victims and personal injury pre-settlement loans.
• If you are looking for other products such as corporate litigation funding, the process can vary from 2 weeks to 3 months, depending on your litigation difficulty. 
• Case cost funding for law firms takes approximately 72 hours to fund.

Yes. Baker Street Funding provides post-settlement advances, for law firms and attorneys.

Disclaimer: Post-settlement funding for attorneys is also known as case cost funding,  law firm loans, working capital financing, lawyer funding, disbursement funding,or litigation funding for attorneys.

Yes, litigation funding and lawsuit loans can be paid earlier. There are no penalty fees for early repayment. 

You can apply for a wide range of funding amounts — usually between $1,500 and $20,000,000. The total amount you qualify for will depend on your financial needs vs. the merit of your claim to determine the amount we can advance. 

• Pre-settlement funding requested is funded up to 10% of the pending settlement value we give.
• Medical lien funding is flexible depending on the case. The estimated value of the claim dictates the amount we can fund.
• Post-settlement funding goes up to 50% of the settled case value. The settlement offer must exceed $50,000.
• Law firm funding or loans for legal expenses requested do not have a minimum. Funds may go up to 10% to 50% of fees from an obligor.
• Corporate litigation: The amount requested for institutional plaintiffs must exceed $100,000.
• Funding requested for institutional settled cases must exceed $50,000. Funds may go up to 50% of the settlement.