FAQ’s for Plaintiffs & Attorneys
Lance Case Funding provides pre and post judgment lawsuit advances to people with pending cases who are represented by lawyers. Our criteria to be approved is simple and easy. There is no credit or employment history check because your request for a lawsuit advance is based on your case. The cash advance is also risk free because if there is no settlement, then you do not pay back the lawsuit advance. There are no monthly bills because Lance Case Funding is paid back from the settlement. Here are a sample of the frequently asked questions.
Please call us if you have further questions about lawsuit funding.
What states do you fund in? We offer funding in all 50 states, EXCEPT the following: Alabama, Colorado, Illinois, Kansas, Maine, Minnesota, Nebraska, North Carolina, Oklahoma and Tennessee. Where we can fund is based on your residency and not your accident location. So if you live in another state, but are involved in an accident in one of these states we can likely still offer funding.
Who is eligible to apply for legal financing? Anyone who currently has a personal injury claim. As long as you have an attorney and have a claim, you are eligible to apply for legal financing. We work with personal injury attorneys and firms helping to support their clients financially throughout the life of their client’s case. Eligible people are those who have suffered an injury due to their personal injury case and are unable to work or support themselves or their family while their case is in suit. If family and friends cannot help out financially, it leaves these plaintiffs with very few options. Lance Lawsuit Funding is a source that personal injury victims use to help with cash advances on their cases.
Does Legal Financing work similarly to a traditional loan? Lance Case Funding provides non-recourse cash advances to personal injury victims in order to help with life needs. These cash advances are not a loan. A regular loan is something that is personally guaranteed and needs to be paid back regardless of the outcome of the case. Our cash advances are not a loan, but rather an advance on your personal injury case. We are risk-takers who invest in your case. If the case wins, Lance Lawsuit Funding is paid back through the proceeds of the case. If there is no settlement or verdict, then the money is not repaid.
How Long Does It Take? Lance Lawsuit Funding can approve apre-settlement funding request within 48 hours of receiving a completed application.
Will Lance Lawsuit Funding get involved in my case? We are not a law firm. We are a lawsuit investment limited liabilty company. We never get involved in the decision making process or handling of the case. Our funding agreement specifically states that we will have no rights to make any decision with respect to the conduct of the client or attorney in handling of the case or settlement.