How Early in the Claim Filing Process Can You Get Lawsuit Funding?

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.

Did you file a personal injury lawsuit within the last couple of weeks? You might still have at least several months, if not much longer, before you can even think about reaching a settlement. This may leave you wondering, “Can I access lawsuit funding near me?” and looking into how to get money from a settlement early.

Rockpoint Legal Funding is a company offering pre-settlement funding in the form of a non-recourse loan. This loan works more like a cash advance than a traditional loan in that it won’t require lawsuit loan repayment if your case isn’t successful. At the same time, it can deliver financial relief just like a loan as you work through the lawsuit process.

So, how early on in this process can you fill out a legal funding application to see if you qualify for a lawsuit loan? Find out below.

You Can Apply for Pre-Settlement Funding As Soon As Your Lawsuit Is Pending

If you decide to apply for pre-settlement funding through Rockpoint Legal Funding, you won’t have to wait long to do it. Rockpoint places few limitations on those interested in applying for lawsuit loans after taking legal action in personal injury cases.

You can fill out a legal funding application for a lawsuit loan as soon as you know your lawsuit is pending. This will show Rockpoint that you’re serious about taking legal action against another party and should be considered for the financial relief a legal cash advance can deliver. It’s how to get money from a settlement early in the right way.

You Will Need To Hire a Personal Injury Attorney To Be Considered for Lawsuit Funding

A pending personal injury lawsuit is one of the key requirements for those exploring the idea of applying for pre-settlement funding. However, it isn’t the only box you’ll need to check to qualify for a lawsuit settlement loan.

You will also typically need to have a personal injury attorney in your corner representing you in your case. Rockpoint Legal Funding will request your lawyer’s name and phone number so they can speak with them about your lawsuit.

The sooner you hire a personal injury attorney, the sooner you can begin applying for a legal cash advance through a lender like Rockpoint.

You Will Need To Provide Details About a Lawsuit When Filling Out a Legal Funding Application

While working through a legal funding application, you’ll likely be asked about the details of your pending personal injury lawsuit. For instance, Rockpoint Legal Funding might want to know:

• Which type of accident you were involved in
• What injuries you sustained during an accident
• How likely you are to earn a settlement or judgment in your personal injury case

Send Rockpoint as many details about your personal injury case as you can. Rockpoint will also touch base with your attorney to talk about the circumstances surrounding your accident and injuries.

Since the lawsuit funding that Rockpoint provides will arrive as a non-recourse loan, you won’t have to repay it at the end of your personal injury case if you aren’t awarded a settlement or judgment. Rockpoint will take on some risk by sending you lawsuit funding, so they’ll want to inquire about your case more before assuming this risk.

You Can Receive a Non-Recourse Loan in As Little As a Few Days

Rockpoint Legal Funding will analyze your personal injury case from every angle to determine how strong it is. This might lead you to believe you won’t be eligible to receive a lawsuit loan anytime soon after applying for it.

In reality, you may receive a non-recourse loan in a matter of days. Some people are even able to land the financial relief they need from Rockpoint within hours.

The time it takes to collect lawsuit funding when you’re wondering how to get money from a settlement early depends on the complexities of your case. It also depends on how much money you’re trying to put into your pockets, courtesy of Rockpoint.

You Can Use a Legal Cash Advance for Just About Anything You Want

If you’re approved for a legal cash advance, there won’t be many restrictions on how you can spend it, if there are any restrictions at all. Many personal injury plaintiffs use pre-settlement funding to pay for:

• Medical bills
• Rehabilitation costs
• Property damage repairs

These are just a few examples of the things you can take care of with lawsuit funding, but this is only the beginning. You may also use legal funding to cover the cost of lost wages or to simply keep up with your monthly bills.

Avoid falling behind on your mortgage, car payments, and other expenses by putting a legal loan to good use. It’s worth applying for one as early on in the lawsuit process as you can, even if you haven’t decided how to spend it just yet. It can make going through legal proceedings less stressful overall and give you more time and mental energy to focus on getting your life back together.

Contact Us To Learn More About How To Get Money From a Settlement Early

Now that you’re aware of how to get money from a settlement early through Rockpoint Legal Funding, would you like to begin applying for it? We’ll strive to provide fast approval for lawsuit funding as soon as you send us your legal funding application. Call us at (855) 582-9200 with any lawsuit funding questions you may have.