Sell My Structured Settlement - Pinellas County, FL

Sell My Structured Settlement - Pinellas County

How do I know if I need pre-settlement lawsuit funding?
You need lawsuit funding when you have exhausted ALL other possible options and have nowhere else to turn.

Are there any application fees?
You should not pay an application fee as the settlement company should be more than happy to review your case and tell you the amount of investment they would make. There should be no obligation on your part until you decide to accept their proposal.

What does it mean to “invest in a lawsuit”?
Advanced settlement companies literally buy a piece of the future settlement proceeds of your lawsuit. They give you cash today in exchange for a specific amount of any settlement or judgment that is derived from the litigation. If the case is lost you should owe the company nothing and keep their initial advance. This is known as a non-recourse advance.

Why can’t my attorney lend me money?
The American Bar Association prohibits attorneys from lending money to clients for anything but case expenses. This prohibition exists to prevent any conflicts of interest from arising.

What role will an advanced settlement company play in the management of my case?
Advanced settlement companies will play no role in the case strategy of your case. That is left to you and your attorney.

Does these companies provide legal advice?
NO.

What happens if I lose my case?
You owe would owe the advanced settlement company absolutely nothing. They take the risk with their funds on your case.

Does my Attorney have to be involved in the process?
Yes. The cooperation of your Attorney is a MUST.

How long does it take?
From the time they have all the information most advanced settlement companies need from the clients’ attorney, they should be able to have a decision within 48 hours.

What are the interest rates or fees?
Most fees vary and are determined on a case-by-case basis because no two cases are identical. Your repayment amount will be provided and thoroughly explained to you and your attorney, prior to your signing and accepting this agreement. A strong suggestion would be to speak to your attorney to review the legal document.

Are there any Additional Fees, such as Monthly Fees, involved?
NO! There will be a specific repayment amount, due and payable only after the case resolves itself successfully.

If I am approved, how do I get the lawsuit funding?
The advanced settlement company will fax your Agreements to your Attorney’s office for signing and execution. Once they receive the completed Agreements back they will send your check immediately. Most companies utilize Federal Express Standard Overnight Delivery, to ensure a safe and efficient transaction.

What, if anything, will advanced settlement company require from the attorney after the deal is closed?
Most companies will periodically call your attorney to update them on the status of your case.

If my case has settled, and I am just waiting for my check, can an advanced settlement company help me?
No. Their pre-settlement advances are designed specifically for cases PRIOR to settlement.

Why is this NOT A LOAN?
Loans are repayable absolutely. These companies purchase an interest, which is 100% contingent upon the future outcome of the case.

Do these companies fund cases that are currently on appeal?
They should be more than happy to review cases on appeal and fund those cases, should they be approved.

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