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Types of settlements
3 Most Commonly Known Types of Cases.
Personal injury cases can be described as those that involve injuries that affect the body of a person. In these cases, the person will pursue a remedy that will pay for their medical bills, time off the job and any other associated expenses that may occur as a result of the incident. The lawsuit settlement medical expenses can range from relatively low to substantially high based on the severity of that person’s injuries. Further, the compensation that the attorney seeks may include past, present and future medical expenses.
Another type of common lawsuit that an individual or a group of people may be involved in is a car accident. In these cases, the lawyer will seek compensation that involves the repair of the vehicle as well as other related property. These damages may vary greatly as well since the body of the car and the mechanical parts of the car may need to be repaired. If the damages are too severe, the attorney in the case may seek to recover damages that will replace the total value of the car.
Slips and falls is another common type of legal case. This type of case may occur virtually anywhere. From slipping and falling on water in a grocery store to tripping over an item left on the floor of workplace, this type of incident may happen anywhere. Attorneys in these cases will seek a remedy to cover the total cost of the fall so that the person can receive the medical attention to recover completely.
All of the above cases normally require a little time off the job and some time to heal. Therefore, the person may start getting backed up with paying some of their personal and household bills since the pay check has been cut or completely eliminated. Unfortunately, with these problems, people may find that they can easily have problems with their credit history, buying things that they need and a host of other issues related to finances. To avoid these problems, the individual can obtain the help that they need today to recover via a lawsuit loan. These types of loans are provided to the individual until a settlement of their cases has been taken care of. The amounts will also vary from one to another based on the amount that they are expected to receive through the courts or via lawsuit settlements negotiation.
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FAQ
Most frequent questions and answers
Legal funding is when a company provides an attorney or a plaintiff with a portion of their expected settlement or fees in advance of the case settling or after it settles.
Legal funding is not a traditional loan.
All funding provided by Any Lawsuit is non-recourse, and the repayment of funds is wholly contingent upon the successful settlement of your case.
Any Lawsuits initial review of your application is based on our initial phone call, where you will provide publicly available information about your client’s claim.
If interest is expressed and depending on your client’s needs, we may require further documentation and a scheduled call with our underwriter.
Based on that call/communication and documentation, our underwriter will make the ultimate lawsuit funding decision.
Most cases referred by attorneys get funded because attorneys usually send strong claims.
If your case is secure and you have a high probability of winning, you more than likely qualify.
- If you are an attorney, please call (887) 386-3379 to speak further about your legal funding request.
- For plaintiffs, you must be represented by an attorney to pre-qualify for a lawsuit advance.
Litigation funding for law firms and companies is a lot more complex and differ from pre-settlement loans for civil cases.
The process includes an in-depth analysis of a case or portfolio of cases (for attorneys).
The underwriting time differs on every application.
- The process for attorney case funding takes approximately 72 hours.
- The financing process for corporate claimants with procedurally mature corporate disputes can take as little as two weeks and as long as two months for infancy cases.
No, lawsuit financing has no risk. Any Lawsuit provides funding on a non-recourse basis – meaning, if you lose the case, you are no longer obligated to repay the legal funds.
Funders accept the risk that the case might not win, so your claim is carefully examined to ensure your victory before approving you and making you an offer.
*We provide funding for personal injury, employment/labor, and civil rights lawsuits in the following states:
Arizona, Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, Nevada, New York, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.
- We currently fund Colorado at a minimum of $75,000. Case value must be at least $750,000+.
- We currently fund North Carolina at a minimum of $25,000. Case value must be at least $250,000+.
- We currently fund South Carolina at a minimum of $100,000. Case value must be at least $1,000,000+.
- We currently fund in Nevada at a minimum of $20,000. Case value must be at least $200,000+.
- We currently fund in Illinois at a maximum of $40,000. Case value must be at least $400,000+.
- We currently fund in Tennessee at a minimum of $10,000. Case value must be at least $100,000+.
- We currently fund in Arizona at a minimum of $20,000. Case value must be at least $200,000+.
*Litigants with corporate disputes are eligible to receive funding in every state in the United States (and eligible countries).
*Funding for attorneys is provided in most states. Please get in touch with us to find out if your state is eligible.
*Worker’s compensation claims are funding only in the following states: Alaska, Connecticut, Florida, Iowa, Louisiana, Montana, Rhode Island, Washington, and Wyoming.
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