How Can I Borrow Money From My Lawsuit?

Can i borrow money from my lawsuit?

As the famous saying goes, time is money, which couldn’t be truer in lawsuit funding. A second could be the game-changer in your legal battle — and you would be amazed at how a second can sway judgment for or against you. 

It is no longer news that litigations often take time before they are concluded. Even if you have a strong case and the best attorney representing your claim, you may still have to wait for an extended period to recover full financial compensation.

According to the American Bar Association (ABA), a personal injury lawsuit or any other typical tort can take between 3 months to twenty-four months to resolve.

In addition to the plaintiffs and their families’ pain and suffering, waiting for such a prolonged period leaves victims of injuries and accidents vulnerable to pressure from defense attorneys and defendants’ insurance companies to settle early and take a low settlement.

Are you looking for an easy and reliable way to fund your lawsuit?

While litigations are ongoing, plaintiffs are often faced with the challenge of meeting their basic and everyday needs, especially financial commitments. And this raises a spine-tingling question, what do you do when you need money urgently? If you are having problems paying your bills, you can borrow more from your lawsuit. Yes, that’s possible. Thanks to professional lawsuit lending companies like Baker Street Funding, you can borrow money from a pending lawsuit without credit and employment checks. Our lawsuit loans are easy to get.

How does this work?

Borrowing money from a pending lawsuit can best be described as taking out lawsuit loans against expected settlement proceeds. Lawsuits loans provide you with instant funds or cash to cater to your financial commitments while you await judgment and settlement for your case. 

You must also have it at the back of your mind that lawsuit loans are non-recourse and 100% risk-free. Non-recourse means that you will be offered a percentage of your case’s potential settlement amount, and repayment is contingent on the case settling in your favor.

How to borrow cash from a pending lawsuit

Today, countless companies are claiming to be legal funding companies. Sadly, most of these companies don’t understand the first thing about pre-settlement lawsuit funding. 

Thanks to our expertise and commitment to providing the best legal funding services, plaintiffs can now apply for low rates and flexible Non-recourse cash advance without hassles.

As a reputable lawsuit lending companyyou can get our lawsuit loans in very simple steps. We won’t bother you with lengthy paper works, endless submissions, and processing fees. 

Here are four simple steps to get Baker Street Funding lawsuit loans.

1. Fill out our short application form online and receive a call from us to verify your application.

2. Our underwriters immediately gets to work and evaluate your case.

3. If your case checks all the boxes and qualifies, we will immediately generate a contract for you and your lawyer to sign.

4. Once the agreement is dually signed, we won’t hesitate to credit your wallet with the agreed loan amount. 

There you have it. Haven touched on what lawsuits loans are; how about we take a second to discuss one frequently asked question about pre-settlement lawsuit funding?

Do I have to pay upfront fees if they borrow money from a pending lawsuit?

One of the red flags you should watch out for when dealing with a supposed lawsuit lending company is being asked to pay out-of-pocket fees or upfront costs of any sort.

A professional lawsuit funding company won’t ask you to pay upfront costs before evaluating your lawsuit application.

Think about it. If lawsuit loans are not loans in the real sense (as we mentioned earlier), why should you pay upfront fees to process your application for your cash advance?

Our pre-settlement lawsuit funding is arguably the best and easiest way to get money for a lawsuit or loan against a lawsuit. 

Also, you only repay us if you win the case and receive financial compensation. To answer your question directly, No, you don’t have to make upfront payments, and you also don’t have to repay us if you lose the case.

Now, let’s talk about interest rates.

What is Baker Street Funding lawsuit loan interest rates?

At Baker Street Funding, we always ensure best practices and uphold good ethics. Unlike other legal funding companies, we operate an open and transparent policy.

We always carry our clients along throughout the process of providing you with the best settlement advance. Rest assured that we won’t keep the information and terms of our agreement from you.

As such, you don’t have to lose sleep over taking out lawsuit loans or cash advances at ridiculous rates that will eat up your settlement amount when it gets paid. 

Borrow money from your lawsuit today

Our lawsuit loans are reasonable and offer much lower rates. If you wish to learn more about lawsuit funding, you are always welcome to contact us. We have seasoned underwriters and a legal funding team on standby to attend to your cash advance on the pending lawsuit settlement. Also, we can guide you on how to make the most of your loans.

We look forward to meeting you and providing you with fast pre-settlement funds. Do get in touch with us or go ahead and fill out our application form online now.

See some of our settlement funding products.

Learn more about pre-settlement funding →

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Or just call us at 888.711.3599 to apply.