It’s easy to apply for pre-settlement funding, there is no credit check and funds are available in as little as 24 hours. The money you receive is an advance based on your pending lawsuit settlement. It’s cash that can get you financially back on your feet. If you’d like to start the application process, click here to fill out our contact form or call 1-800-910-0855.
What can the funds be used for? People use the money for a number of things, from paying bills to funding a college education. Here’s a list of ways people use their pre-settlement funds:
You can use pre-settlement funds to cover just about any cost. If you need another advance before your case settles, it’s likely you’ll be qualified to obtain additional pre-settlement funding.
There are no monthly payments on the funds you receive because the advance is not a loan, it’s a non-recourse purchase of a portion of the proceeds of a potential future case award or settlement. That’s legal jargon meaning if you lose your case, you don’t owe us anything.
If your case is settled, the pre-settlement funding is repaid to us by your lawyer out of the proceeds you are awarded.
You deserve financial peace of mind, and pre-settlement funding is a way to get money now while you wait for the full settlement you deserve.
The average civil lawsuit can take up to 18 months to complete. That’s a long time when you have reduced ability to work due to an accident. Pre-settlement funding can help fill the gap during this time. Pre-settlement funding provides you with money upfront before your case settles, in exchange for a portion of your expected future settlement proceeds. You can receive pre-settlement funding while your attorney pushes for the best outcome in your case, so that you have the best chance of winning the maximum settlement amount.
Barrister Capital has worked with lawyers and their clients for more than 20 years providing plaintiffs with money to pay bills and relieve the stress being injured can cause. Pre-settlement funding gives you the ability to hold out for a full value settlement. It allows you to level the playing field against insurance companies.
If you’ve hired an attorney, give us a call and we’ll ask just a few questions about your case, and have an answer in as little as 24 hours. Barrister Capital prides itself on being fully transparent when it comes to fees. There are no case serving fees, case review fees, archival fees, or document fees.
Many clients are concerned about how much pre-settlement funding is going to cost. The payback depends on how long the case takes to be resolved. Everything is spelled out in our easy-to-understand contract. There is no cost for filling out an application. Our rates start at just 15%, while other companies’ rates are up to three times higher.
If you lose your case, you owe us nothing. If you win, your attorney will send us a check out of the compensation you receive, covering the cost of the funds you borrowed. We keep the whole process simple and straight-forward, there are no hidden fees.
Barrister’s focus is to get clients back on their feet. There are no credit checks, we only consider your accident case and how much you need to regain peace of mind.
Apply for pre-settlement today or give us a call at 800-910-0855 and tell us about your case.
When someone applies for a loan, the bank looks at credit scores and payment history. If your credit score is 500 or below, the chance of getting a loan is pretty slim. The bank will also look at the amount of outstanding debt you have and household yearly income.
When you apply for pre-settlement funds at Barrister Capital, we don’t ask about your credit score or your yearly income. We do ask if you’re working with a lawyer, as well as some questions about your case. We also need to know if you’ve received money from another pre-settlement funding company.
Another difference between a loan and pre-settlement money is the time it takes to actually receive the money in your bank account. After approval for a loan through a bank, it usually takes five to seven business days. Saturday and Sunday aren’t business days, so if you get approved by a bank on Wednesday and it takes five business days to get the money, it will be the following Tuesday before you’ll have cash in your hand. At Barrister Capital, we can approve you for pre-settlement funding in as little as 24 hours and we can wire the money to your account the same day.
When you get a traditional bank loan you start to pay it back in monthly installments within 30 days of approval. The bank expects you to make monthly payments for the term of the loan.If you miss a payment you’ll be charged a late fee. If you miss multiple payments, you’ll continue to rack up late fees and your credit score could plummet. Regardless of any life circumstances, you are required to pay back a bank loan in full.
A pre-settlement advance isn’t a loan. When you are approved, the funds are considered a non-recourse purchase of the proceeds of a potential future case award or settlement. What does that mean? It means you don’t pay the advance back until your case is settled, and repayment is taken out of the money you are awarded. Non-recourse means if you lose your case and there is no settlement, you don’t have to pay back funds that were advanced to you.
Pre-settlement funding from Barrister Capital allows you to use the money you receive to get back on your feet and isn’t paid back until your case is settled.
Many times plaintiffs – that’s you – and attorneys are forced to settle before the true value of the case is reached simply due to financial pressures on the plaintiff.
Barrister Capital offers a simple application process for pre-settlement funding that will help you stay the course and receive the settlement you deserve.
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