When facing a pending lawsuit, a pre-settlement loan can offer the much-needed funds to cover immediate expenses while you wait for a settlement to be reached. However, in order to be considered for lawsuit funding, there are certain documents that may be required by the settlement lending company.

The following required documents are usually consistent among pre-settlement funding providers and may include:

The official police report provides details of the accident or incident and can help establish liability.
Medical records to demonstrate the extent of any injuries sustained and the medical expenses resulting from them.
Insurance information is needed to confirm coverage and determine the potential amount of compensation.
Supporting claim documents, such as witness statements or expert opinions, can provide additional evidence to support the case.

While additional documentation requirements may vary depending on the funding company, there are more commonly requested documents for different types of cases, such as personal injury, civil rights claims or even settled cases. Being prepared with them can simplify the settlement loan application process. Let’s dive into each of the required documents in more detail to help you be prepared and increase your chances of approval.

Note: For any questions regarding the case documents listed below or the lack of them, please contact Baker Street Funding 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; your attorney might unresponsive; regulations are prohibiting or limiting funding for your time in need; your loan is maxed out since the last time you took out funding, or your case is lacking merits.

If your 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.

Explore your options.

Obtaining a pre-settlement loan for your lawsuit can provide much-needed financial assistance during this difficult time. However, having all the necessary case documentation in place before applying for funding, such as police reports, medical files, insurance information, and supporting claim documents, you can increase your chances of approval for a lawsuit loan.

If you are ready to explore your options, Baker Street Funding is here to guide you through the process. Apply for a lawsuit loan and receive a funding decision 24 hours after your attorney sends us the required case documentation.