You may be asking, What is a lawsuit loan? How does a lawsuit work? A lawsuit loan is a means to funding a lawsuit that you expect to win. Lawsuit loans are most popular for personal injury plaintiffs who have lost income or have large medical bills to pay through the negligence of others in an accident or workplace injury. This type of loan may be used for living expenses if you have no income, mortgage payments so you don’t lose your home before the lawsuit is concluded, car loans and medical bills. My Lawsuit Loans also loans for medical malpractice cases, to cover a time gap before receiving an inheritance or a civil rights discrimination lawsuit.

How It Works 

Here is how to find a lawsuit funding loan. First, you must file a lawsuit for one of the above reasons, then you apply for a lawsuit funding loan from My Lawsuit Loans. The company will learn the details of your case from your lawyer and look into every detail of your case to determine the amount of compensation you can expect to get if you win the case or are able to negotiate a favorable settlement out of court. Most personal injury cases are settled before going to court. Once you are approved for the loan, you can expect to get the money within 24 hours by a money wire, check delivered overnight or Western Union.

You can apply online or talk to an agent. If you lose the case, you don’t have to repay the money. You only pay if you win. There are no hidden fees or costs. The whole transaction is transparent. Lawsuit lenders are not banks. They don’t check your credit history or employment record. The money you get is based on the quality of your lawsuit, which we learn from your lawyer. The loan is not based on your current financial situation.

Immediately after you apply for a lawsuit loan, you should inform your lawyer. You need to give authorization for your lawyer to release information about your case that My Lawsuit Loans needs to evaluate if you are eligible to revive money. Only with the cooperation of your lawyer can your application be processed and approved.

Lawsuit loans are also called lawsuit cash advances, litigation financing, settlement funding and lawsuit funding. Don’t worry if you are facing a difficult personal injury lawsuit or other legal action through which you expect to receive compensation. Your legal fees will be covered when you are approved for a lawsuit loan.