Post-settlement funding is for plaintiffs who are struggling to pay their bills while waiting for a settlement can benefit from. Within 24 hours of submitting your application, you might have a cash advance. After successfully applying for a lawsuit cash advance, you will typically get funds within a few days.
When your lawsuit has been settled favorably but you still need money to cover your expenses, post-settlement funding is a risk-free way to acquire cash now without having to take out a regular bank loan. If you are unable to qualify for a traditional loan, this non-recourse financing option may be useful. There is no credit check with post-settlement funding, and you won’t have to show your income or work status.
How Do I Know If I Qualify for Post Settlement Funding?
You must qualify and complete numerous standards in order to receive post-settlement money. For starters, you must be the plaintiff in a case rather than the defendant. Following that, you must have filed a successful claim and anticipate receiving a settlement in the form of compensation. Following a settlement, the plaintiff may apply for post-settlement funding in the following circumstances:
- Medical Malpractice
- Accidents involving automobiles, pedestrians, and motorcycles.
- Product Liability, etc.
Once the case has been settled, our team at Amicus Group Capital will know exactly how much compensation you will get. Then, you will need to gather the following documents to help you with the application process:
- A letter from your attorney stating that the case has been settled.
- The amount you are requesting from Amicus Group Capital for post-settlement funding
- Copy of the letter from your attorney to your insurance company outlining their obligations
- Copy of executed general release
Your attorney may be able to assist you in gathering all necessary papers for post-settlement funding. Our team at Amicus Group Capital offers funding at very low rates and provides assistance in post-settlement funding in Santa Clarita, CA. Contact 877-926-4287 to learn more about the process.