FCA Legal Funding helps attorneys obtain non-recourse lawsuit funding, often within 24 hours. We use only the facts of the case to determine how much to provide. Gone are the days when you had to resort to business financing, which is often hard to obtain. We provide attorney pre-settlement funding in California to cover a variety of expenses. You can therefore serve your personal injury plaintiffs, who in turn benefit from funds to cover their expenses while a case is pending.
Attorney funding is not a lawsuit loan. It is a form of case funding or lawsuit financing, a non-recourse investment to help you take on a case. Nothing is paid out of pocket, by you or your plaintiffs. The principle, fees, and terms are determined on a case-by-case basis. Our underwriter can estimate the value of the case, the financial impact of plaintiff’s personal injuries, and how much the legal process will cost,
Lawsuit funding can be used pre-settlement or post-settlement. At FCA Legal Funding, we know the process before, during, and after a case settles can be long and costly. We have therefore developed a funding process, so your firm has capital right when you need it. Attorney funding is a financial solution that can help both your law firm and your clients.
The benefits of legal funding for your firm also include:
As you may have experienced, you have to expect the unexpected in the legal profession, especially while navigating what could be a long process in getting the best possible settlement for your injured client. You can’t allow for the insurance company to hold out in settling a claim while your client is slowly drowning in anxiety over their bills and other financial responsibilities. The process is simple: 1. The plaintiff contacts FCA Legal Funding for a cash advance. 2. Your firm will be required to provide specific case information. 3. Once the details have been received, the case is reviewed by our underwriter who determines the viability of funding. 4. If approved, an agreement is drafted and sent to the plaintiff and their attorney. 5. Once executed, the funds can be picked up at our local office in downtown Los Angeles (for free), wire transferred to their personal account (for a fee), or send via UPS/FEDEX delivery (for a fee).< 6. Plaintiff funding is a non-recourse purchase interest against the future settlement. 7. Upon settlement of the case, the law firm will have a duty to request a payoff as per our agreement and payback funds from their trust account on behalf of the plaintiff to satisfy the cash advance lien.
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