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.
If you’re open to accepting a settlement in a lawsuit, it can help you avoid going to trial while putting money into your pockets sooner than you could otherwise. However, studies have shown that it takes the average plaintiff nearly a year to collect compensation after accepting a settlement offer from the defendant in a case. Applying for pre-settlement lawsuit funding in the form of a lawsuit cash advance is a great option for those who can’t wait that long for money to arrive in their bank accounts.
Are you interested in putting in an application for a lawsuit settlement advance? It’s easier to do than you might think. You won’t have to worry about applying for a pending lawsuit loan, which will put an additional strain on you while going through a series of already stressful legal proceedings.
Discover how to qualify for a lawsuit cash advance below.
Step 1: Search for the Right Pre-Settlement Lawsuit Funding Company
If you want to apply for a lawsuit cash advance, you should search for the right company to set you up with one. Millions of lawsuits are filed in the U.S. each year, which has led to a spike in the number of companies that can provide pre-settlement lawsuit funding.
That said, it’s not a simple matter of looking online for “cash advances for lawsuits” and selecting the company at the top of the first search engine results page. Instead, research the different companies that can provide this funding to those involved in lawsuits. The one you choose should offer non-recourse financing you won’t need to pay back if your lawsuit doesn’t successfully earn you compensation.
Rockpoint Legal Funding is a leading provider of lawsuit cash advances. We can offer funding to those involved in many different types of lawsuit cases.
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Step 2: Fill Out an Application
Another advantage of working with a company like Rockpoint Legal Funding is that you won’t have to spend much time filling out a lawsuit cash advance application. Simply click on “Apply Now” and provide basic information about yourself and your current financial situation to complete an application.
You can finish this application within a matter of just minutes. You’re also welcome to invite the lawyer handling your case to fill out an application on your behalf, especially if you plan to use a portion of a cash advance to pay for legal services.
Step 3: Wait To See Whether Your Application Is Approved
Rockpoint Legal Funding understands that if you’re applying for legal funding, you probably can’t afford to wait very long to land a lawsuit cash advance. For this reason, the company strives to perform a quick case evaluation for everyone who applies for pre-settlement lawsuit funding.
In some instances, you’ll find out whether or not you’ve been approved for funding within a matter of hours. Sit back and give the company time to review your application and case before letting you know whether you’ve been approved.
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Step 4: Check Your Bank Account
If Rockpoint Legal Funding approves your application for a lawsuit cash advance, you’ll appreciate how quickly the legal funding you applied for reaches your bank account. The company is committed to providing fast lawsuit settlement loans to its clients and often sends the money that has been requested to them within a day or two.
Monitor your bank account in the days after completing a cash advance application through Rockpoint Legal Funding. As long as you’ve provided the correct banking information, you should see the money hit your account almost immediately after your application is approved.
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Step 5: Begin Using Your Lawsuit Cash Advance
The beauty of pre-settlement lawsuit funding is that there isn’t any limit on what you can do with it. It is your money, after all. Our clients often use their cash advances to:
- Make mortgage or rent payments
- Take care of medical bills
- Pay taxes
- Buy groceries and other everyday essentials
If you read through the case studies for Rockpoint Legal Funding, you’ll even find that some people have used lawsuit cash advances to throw birthday parties, go on vacations, and keep their businesses afloat. There is virtually no end to the possibilities when you’re approved for a cash advance related to a lawsuit.
Plus, since these cash advances are a form of non-recourse financing, you won’t need to stress out about dealing with high interest rates on advances as you would when relying on a traditional loan. Rockpoint Legal Funding will buy a portion of your future lawsuit settlement when you’re approved for a cash advance, leaving you free to spend your money as you please without facing any financial consequences later.
All of this can provide you with additional time to focus on collecting more compensation at the end of your lawsuit. You won’t be in such a hurry to rush through the negotiation process anymore. You’ll also have peace of mind knowing you won’t have to pay back a dime to us if your case doesn’t work out as you and your attorney expect.
Apply for a Lawsuit Cash Advance Through Rockpoint Legal Funding Today
Could you benefit from being approved for a lawsuit cash advance? The pre-settlement lawsuit funding representatives from Rockpoint Legal Funding can tell you more about these financial tools and help you apply for one. Contact us if you would like more information on the application process or if you would like to inquire about applying for multiple pre-settlement advances.
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