Baker Street Funding provides settlement cash advances to plaintiffs and attorneys who have a settlement agreement but still have not been paid. Let us do the hard part and get the settlement advance you need, fast. Get in touch with us now to go over your settled case details.
Getting a fair settlement means that the case is over and in your favor. However, cashing out a settlement check can take time. In some cases, getting your settlement share can also take years, depending on the agreement you had with the other party. This waiting period can cause you a significant loss financially. If you’re seeking financial help while in the middle of a lawsuit, you’ve probably heard of settlement funding. If you are at that stage in your case where you have a settled case but still haven’t received compensation, you can opt for post-settlement funding, a legal funding choice available to plaintiffs like you.
Settlement funding is a legal financing product available to plaintiffs and attorneys after their case has settled. Settled case funding is not a traditional loan, and is only available while a settled case is pending a payment release by the insurance. A settlement advance is a cash advance against your settled case or judgment. A settlement loan allows you to access your settlement proceeds while your money is pending arrival. Post-settlement funding is a way of leveraging settlement awards and fees by securing an upfront cash advance against your coming settlement monies.
Post-settlement funding helps attorneys and their clients get the needed liquidity before the settlement check arrives.
A settlement advance is done by securing the funds with a third party lien on the settlement, which the attorney will then use to pay back the principal and agreed-upon rate of return when the post-settlement funds arrive.
Plaintiffs looking for post-settlement loans oftentimes need immediate financial assistance. Lawsuit settlement loans provide easy money fixes to these unnecessary current financial challenges.
Settlement cash advances have many advantages. You can use the funds from a settlement advance to pay for a range of needs, such as past-due bills, adoption fees, unexpected expenses, medical costs or a work project. We will purchase a percentage of your settlement award in as little as 12 hours. Apply today and obtain thousands of dollars in advance of your pending settlement checks arrival. Baker Street Funding could help you save money. With a low-interest lawsuit settlement cash advance, you can move forward with your finances immediately.
The post-settlement funding program at Baker Street Funding offers tailor-made litigation settlement financing for attorneys and law firms to gain early access to future collectible fees on settled claims.
To illustrate how our settlement funding process works, you can look at a mass tort focused firm that has settled 100 claims. The firms' combined fees are $2 million. Rather than wait to receive payment as settlement checks arrive, the firm can access up to $1.6 million of those fees immediately through our post-settlement funding program.
If you are a plaintiff or an attorney who has reached a settlement that has not paid out, Baker Street's post-settlement funding solution will provide you with a lawsuit settlement loan advance in the fastest time possible. Baker Street Funding offers settlement advances to plaintiffs and attorneys with all types of settled cases in as little as 12 hours.
High rates are frustrating and make clients unhappy when it comes time to repay their settlement advance. To avoid that, we provide transparent and affordable settlement funding. That means there are no hidden fees, a fair risk-based rate of return, and easy to read contracts. Some of our clients have saved as much as 22% with settlement loans by using us compared to a competitor. Remember, we will always match or beat a competitor's contract.
Baker Street Funding's lawsuit settlement loans provide plaintiffs and attorneys with settled cases immediate post-settlement funds against their settlement's arrival. Our application process is fast and easy—and never has any shady hidden fees. So, what are you waiting for? Take advantage of our settlement funding program while you are waiting for your settlement cash. Apply to learn more about our post-settlement advances.
Achieving settlement in a personal injury lawsuit is seen as a big win by plaintiffs. Most attorneys know that while the settlement is a milestone, it is by no means the end of the road. Settlement payments sometimes take months or years to reach the plaintiff due to processing issues, liquidity problems, appeals, or even the settlement terms. In the meantime, the attorney must focus on other cases and managing the day to day expenses of their firms. Plaintiffs have costs as well, including rent or mortgages, utilities, and other day-to-day living expenses that they might not be able to pay. For this reason, your client should get the necessary cash he or she needs until they get paid in full.
Even after a case is settled, you may find yourself waiting months or even years to see your award. Cases that are won in court sometimes require a review period or go through an appeal after the case settles. Life keeps moving, and costs pile up for plaintiffs while they wait for their compensation. A settlement advance is an option for the plaintiff to ease the financial burden until their settlement award is paid out.
As soon as we receive the required document, and verify the details and validity of your pending settlement, we will deliver you the settlement funds as soon as 12 hours from the moment we receive all the required documentation.
Our investment in your case is a non-recourse financing agreement. This differs from a loan in two ways, the first is that we are investing into a portion of your settlement (post-settlement), so things like credit, job status, and income do not factor into our analysis. The second difference is that if your case does not settle, or your award is never paid you owe us nothing! Non-Recourse Transaction This investment into your loan, as stated above, is a non-recourse agreement. This means that we accept all the risk and you do not pay us back if your case doesn’t settle, or your award never arrives.
The repayment process is quite simple. We will deduct our advance proceeds from your eventual settlement funds whenever you receive them. We urge you to call our legal funding specialists as we will get on your case immediately.
Are you requesting post-settlement funding for yourself or for a client? What we will need:
Please provide the required document(s) needed and fax to (518) 500-3056, or email to firstname.lastname@example.org. Or, better yet, call us at (888) 711-3599 for more information.
The post settlement funding process is extremely simple and normally finalized inside of one business day. Once a funding provider reviews your case documents, including the fully executed settlement agreement, they will generate a contract for the client and attorney to sign. Once signed, the funding company will execute that lien and distribute the funds by bank wire or certified check. Normally funding companies will release up to 50% of the award to the plaintiff or 50% of the fee to the attorney.
Post-settlement funding acts as a lifeline for plaintiffs and attorneys alike, giving them access to liquidity that they otherwise could not get from a traditional financial institution. Settlement advances enable plaintiffs and attorneys early access to their future receivables empowers them to make sure they are making sound financial and business decisions and not handcuffed by a long processing time of a settlement award.
If a plaintiff is awarded a settlement but has not received the funds, and he needs a portion of his settlement, Baker Street Settlement Funding will purchase a portion of that award based on our analysis of the settlement agreement. The plaintiff will receive that settlement cash advance based on our purchase of their award. After the settlement is paid, we, the settlement funding company, are paid back the post settlement funding portion we are due, and the plaintiff receives the balance.
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., Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.
Not many people know about post-settlement funding. It is a type of funding, which is provided to people who have awarded a settlement but still haven’t received the cash. It is standard practice for the delivery of money from delayed in settlement cases. This is where post-settlement funding can be ideal for anyone waiting to receive their compensation. The individual can use this funding to pay his bills until he finally receives his settlement cash.
A post-settlement loan can help in paying your medical bills, mortgage payments, rent, and other living expenses so that you don’t have to deal with financial stress while waiting for your settlement cash to be delivered. In some cases, where the plaintiff is unable to work, settled case funding can help him in paying for his expenses while waiting for the settlement compensation.
Post-settlement funding is different from pre-settlement funding, as this form of funding comes after the case has been settled or closed by the judge. Once the case is settled, pre-settlement funding ends, however in most cases, money is still needed, and that is where post-settlement financing comes into play, especially if there is an expected delay in receiving the settlement proceeds.
Our services ensure that you will still receive an award at the time checks are sent out. We don’t want you walking away from your case with no money in your pocket. After all, you had to deal with all the pain and suffering, and you deserve to be rewarded.
We understand that you, as a personal injury victim or plaintiff in a lawsuit, need cash for your bills and everyday living expenses. While insurance companies can provide you with compensation, it is essential to know that they lack sympathy when it comes to cutting a settlement check and can take a lot of time for the funds to be delivered to you. Even though settlement funding is commonly referred to as ‘lawsuit loans’; it is not a loan in any way. Our post-settlement advance is a non-recourse cash advance; therefore, you won’t have to worry about making monthly payments. Moreover, your attorney will be directly paid when your settlement cash is delivered, so we won’t be touching your personal accounts. An advance on a settlement, unlike a loan, grants you expedited access to your own money, so you will not have to worry about making monthly payments to a lender. Also, we will be repaid by your attorney directly when your settlement cash arrives.
One of the most common misconceptions about winning a settlement is that the check will be sent immediately. The legal process for settlement cases tends to get long and frustrating. On top of dealing with the legal procedure, the plaintiff has to also pay all his expenses involving mortgage payment and medical bills. You must be wondering why there is a delay in the delivery of the settlement cash when you have already been awarded one legally. The following are some reasons that can cause a delay for a settlement to be paid to the plaintiff:
The payment of your settlement cash can also be delayed if the defense appeals to the decision of the court and takes the case to another level that involves long legal proceedings. This can cause the settlement to be delayed for years. In addition to this, even if the case has been settled, you will still have to wait for the settlement to be approved by the court and the estate before the money can be distributed in accordance with the settlement. While many companies within the industry offer post-settlement funding, many do not provide the high amounts the client or attorney are requesting. Most legal finance firms put their attention on either pre-settlement loans due to the magnitude of demand for funding in this field, yet there is still a demand for post-settlement advances for attorneys and their clients due to some cases involving long settlement pay wait. Baker Street Legal Funding has committed to focusing a portion of their business exclusively on post-settlement funding. At Baker Street Funding, we focus on settled case advances, which provides a higher funding amount as quickly as possible thanks to our efficient underwriters and investment success in the field.
While the legal system in the United States is in place to provide justice for those who have been wronged, the legal process does not always move quickly. A personal injury case can take many years to finally reach a settlement. Class actions and mass tort cases can take even longer because they usually span multiple jurisdictions while commercial litigation is extremely complex and long. The good news is, if you have a pending settlement award or judgment, and you need a cash advance now, Baker Street Funding can qualify you now. In order to receive post-settlement funding, there are certain requirements that you need to satisfy. Firstly, only a plaintiff can receive a post-settlement loan and not a defendant. Secondly, you need to have a successful claim and must be entitled to receive a monetary settlement.
In exchange for a portion of your future legal settlement, we will provide you with your settlement funds in as little as 12 hours. So if your settlement check is still months away, call Baker Street Funding at (888) 711-3599 and get approved quickly. There is no credit check and we do not verify your income.
Post-settlement funding is utilized by many different types of plaintiffs and attorneys. Baker Street Settlement Funding will fund any type of settlement.
Below are a few of the most recent types of cases commonly qualified for post-settlement funding, including but not limited to:
Baker Street Funding is a Premier Legal Funding Firm designed to strategically connect select funding opportunities with our extensive network of sophisticated partners and staff. If your attorney has been retained on contingency and you have a strong liability claim against a properly insured defendant, you may qualify for a pre settlement advance; contact us to discuss your options. * The term lawsuit loans, lawsuit loan lenders, settlement advance loans, or lawsuit settlement loans may be used to refer to pre-settlement funding. Transactions facilitated by Baker Street Funding are not to be considered loans. These transactions are non-recourse financing agreements, which means that we are making an equity investment into your litigation. If you lose your case, you are under no legal obligation to repay your advance. The word loan is strictly used for marketing optimization purposes and for easier comprehension for prospective clients. Our client relationships are paramount to us, and we take the client education process very seriously. We provide legal funding and lawsuit cash advances in the following states, Baker Street Pre Settlement Funding is provided in the following states: 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. We offer attorney funding and law firm financing in every state of the United States.
Historical returns do not guarantee future results. Baker Street Funding does not provide legal, tax, or financial advice and prior to making any financial decision, please consult a financial advisor or tax professional.
Baker Street Funding:
New York Office: 77 Water Street, 7TH floor, New York, NY 10005
Florida office: 780 5th Ave. South, Suite # 200, Naples, Florida 34102
Lawsuit Funding, Settlement Funding, and Litigation Funding: Baker Street Funding, LLC.
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