The Ultimate Guide to Legal Funding: Secure the Money You Need To Win Your Case

Disclaimer: Consumer legal fundings and advances are not loans under applicable financing laws. Rockpoint’s products are non-recourse, meaning if you don’t win your case, you don’t have to pay us back. Receiving financial support in connection with a legal case is typically (and oftentimes incorrectly) referred to as a “lawsuit loan” or “loan.” Therefore, for the ease of search references, these terms may be used in this context to refer to our funding products, but we maintain our separateness from consumer loan products in all legal aspects.

Are you beginning to fall behind on your bills while anxiously awaiting the outcome of a lawsuit? Legal funding is the simple solution to your financial troubles when you’re stuck in the middle of an ongoing case.

Legal funding — also known as a lawsuit cash advance or litigation financing — can help you continue to fight your case in court without worrying about running low on cash. Discover more about this type of funding and consider applying for it today.

What Is Legal Funding?

Legal funding is a type of funding you can apply for when you’re going through a personal injury lawsuit or another type of legal case in which you’re expecting to collect compensation. You can essentially procure a settlement payment now in exchange for providing the lender that gives it to you with a percentage of a settlement check later.

This pre-settlement funding is also non-recourse, meaning that if your legal case isn’t successful, you aren’t required to repay the lawsuit loan. The lender providing it takes on a sizable portion of the risk associated with waiting on your settlement.

How Does Litigation Funding Work?

Does legal funding sound like an intriguing option in your current financial situation? You’ll appreciate hearing that applying for litigation funding is easy.

Start by searching for a reputable lender who can provide this kind of funding. Rockpoint Legal Funding is one of the leading providers of lawsuit loans.

To apply for pre-settlement funding through Rockpoint, simply follow these steps:

1. Make sure you have a pending lawsuit and legal representation before applying.
2. Fill out a brief online application and share details about your lawsuit.
3. Give Rockpoint time to review your application and the circumstances surrounding your legal case.
4. Learn whether Rockpoint has approved your request for litigation funding.
5. Receive cash from Rockpoint within about 48 hours.

Filing a lawsuit and going through legal proceedings is time-consuming and can cause stress and aggravation. Rockpoint understands that the last thing you need is another pile of paperwork to fill out and keep track of. That’s why it keeps the application process for lawsuit loans straightforward to avoid unnecessary complications.

What Can I Use Pre-Settlement Funding For?

You won’t normally need to foot the bill for a personal injury lawyer before the conclusion of a case. Many personal injury attorneys collect contingency fees from their clients after helping them earn settlements or judgments.

You may, however, encounter a few legal fees during a personal injury lawsuit, especially if you take it to trial. For example, you might have to pay court costs or fees for the expert witnesses personal injury lawsuits sometimes call on to testify. Legal funding will put cash in your pockets and enable you to cover these kinds of costs accordingly.

You can also use litigation funding for more than just legal fees. Rockpoint will allow you to use this funding for just about anything you want, including:

• Mortgage payments
• Medical bills
• Everyday expenses (food, gas, clothing, etc.)

You can put out any financial fires that might start during your lawsuit and help you see it through to the end. By doing this, a lawsuit loan will minimize your stress levels and make it possible to remain patient if the defendant in your case is only making lowball settlement offers.

How Soon Will I Receive a Lawsuit Loan?

Rockpoint understands that those who need legal funding usually aren’t in a position to wait for it for too long. This funding might not do you much good if it takes weeks to arrive and forces you to fall even further behind on your bills.

When you apply for a lawsuit cash advance through Rockpoint, you’ll receive an answer on whether you’ve been approved or denied within just a day or two. From there, you’ll find the funding you need in your bank account in 24 to 48 hours in many instances.

However, not all pre-settlement funding companies work this quickly. When you need cash fast, you can rely on Rockpoint.

Where Should I Turn for Non-Recourse Funding?

When you would like to apply for legal funding, you might initially not know where to turn for help. Should you call on a lender that provides personal loans for one? Are there government grants and loans you should consider?

These are a couple of the options worth investigating. But more often than not, you should count on a pre-settlement funding company like Rockpoint that comprehends your current predicament. All this company does is help plaintiffs explore their litigation funding options, so you’ll end up in good hands when you apply for a lawsuit loan in this way.

Rockpoint has extended a helping hand to those involved in drawn-out legal cases for years. Take advantage of our litigation funding to see how it can benefit you during a lawsuit.

Let Rockpoint Legal Funding Provide the Lawsuit Cash Advance You Need

Are you interested in learning more about the benefits of legal funding for plaintiffs? Rockpoint can discuss this type of funding with you to help you decide whether it’s the right option. We can also offer post-settlement funding to those who have already won settlements or judgments but haven’t received them yet.

Give us a call at (855) 626-3214 today to speak with a Rockpoint representative about your legal case and the funding you might qualify for after filling out a brief application.