Apply online. You complete an online legal finance application to begin the legal finance funding process.
Best-Deals-in-Legal-Finance.com sends the information from the application to several legal finance funding sources to identify the one with the most favorable legal finance terms.
A legal finance underwriter contacts the plaintiff’s attorney and requests supporting documentation.
The legal finance underwriter reviews the supporting documentation, then briefly discusses the case with the attorney.
If the legal finance company can fund the case, it sends a Claim Investment Agreement to the attorney to review on your behalf.
You sign the agreement and your attorney acknowledges the legal finance company’s lien against the proceeds of the lawsuit.
Upon receipt of the executed claim investment agreement, the legal finance company issues a check. If you request, the check will be over-nighted to you.
Upon receipt of the check, you are free to spend the money as you see fit, but it should be used to pay critical expenses.
When the lawsuit is won at trial, or you, the defendant and your attorneys reach an out-of-court settlement, the legal finance company is re-paid by your attorney from the attorney’s trust account.
Should you fail to win your case or reach a settlement, the plaintiff keeps the advance and the legal finance company is out the money it advanced to you.
