When you or your attorney apply for lawsuit funding, the settlement lender you choose sets the required documentation criteria. Unlike false information spreading that the only documents you need to get a lawsuit loan are the information requested on your application, there is crucial additional documentation necessary that your attorney must send for a funding application to get evaluated.
The case documentation requested for a lawsuit loan is usually similar across pre-settlement funding companies. Generally, the documents required are:
- Police report,
- Medical file,
- Insurance information,
- Supporting claim documents.
The below documentation, separated by claim type, is required for most funding companies to assess a settlement loan application.
For any questions regarding the documents listed below or the lack of documentation, contact us directly at 888-711-3599.
Documents required for personal injury and civil rights lawsuit loans.
Below is a list of pre-settlement funding documents and information required for a lawsuit loan approval.
Motor vehicle accident
- Police/crash report,
- Insurance declaration page,
- Emergency room report and/or initial medical evaluation,
- Post-operation reports (if available),
- MRI, CT scan, and x-ray reports,
- Demand letter and/or summons and complaint.
Premise liability (slip and fall)
- Police report/incident report/EMS report,
- Photos of the area and/or video footage,
- Demand letter and/or summons and complaint,
- Insurance declaration page,
- Emergency room report and/or initial medical evaluation,
- Post-operation reports (if available),
- MRI, CT scan, and x-ray reports.
Medical malpractice
- Expert report(s),
- Demand letter and/or summons and complaint,
- Insurance declaration page,
- Supporting medical documents,
- Bill of particulars.
Wrongful death
- Death certificate,
- Medical files,
- Insurance information,
- Expert report,
- S&C or demand.
Wrongful imprisonment
- Certificate of innocence,
- The summons and complaint.
Police brutality and false arrest
- Police body cam footage.
Settled cases
- Settlement documents,
- Lien acknowledgement,
- General release,
- Estimated disbursement date.
What plaintiffs can do if the application is denied.
A pre-settlement funding company can deny a lawsuit loan application for several reasons. A case may be too early to fund. It’s also possible that the plaintiffs asked for additional funds than the funder thinks the case is worth.
If a pre-settlement loan application gets denied, there are a few steps you can take to improve the chances of getting a lawsuit loan in the future:
- Ask the company for the exact reason the lawsuit loan application was denied;
- Review the case to find out when it case will have a higher value or settle;
- Improve medical treatments by getting the surgery or injections recommended by a doctor;
- Request a smaller funding amount;
- Consider waiting three months before applying to see if the case has progressed since the last time funding was requested.
