How long does it take to get a settlement loan?

How long does it take to get a settlement loan?

Settlement loans are usually processed with 4 to 6 weeks after the application. This depends on the type of case and the documentation available/information provided.

Factors that influence the processing time of a settlement loan.

Type of case certainly affects the availability and the duration of processing a lawsuit advance.

Car Accidents are the easiest cases to approve for a lawsuit advance. Car accidents when compared to other types of cases are well documented. Often there is a police report that clearly places the cause of accident on one of the parties involved in the collision. When applying for a settlement loan, it is critical to have some type of evidence that shows that the other party was responsible for the damages.

Police reports document extremely important information that settlement loan companies look for. What are the extents of the damages? Was the incident a major incident or a very minor event with no significant damages?

Car Accidents and Insurance:

Settlement loan companies know what level of insurance every registered car in a particular state must carry in order to comply with the law. The above reason articulates why car accidents are the easiest type of lawsuit to review for a lawsuit advance.

Because of the nature of these lawsuits, getting lawsuit funding is very accessible. A Lawsuit advance helps you get through the difficult times during litigation and provides you with financial leverage until settlement.

Getting a Settlement loan can be very helpful.

A Lawsuit advance on personal injury is an option for you. You get an upfront cash infusion of funds before your case settles. Once you case settles and you win, it is then that you pay off the amounts you owe. If you do not win, then you do not owe anything.

Basic documentation required:

  • Incident/police/ambulance report
  • Insurance carrier name and policy limits
  • Medicals showing injury
  • Copy of complaint or Lawsuit

Types of cases eligible for lawsuit funding:

  • Car Accident Cases
  • Car accidents are the most common type of personal injury cases in the United States.
  • Slip and Fall Cases or Premises Liability
  • Medical Malpractice
  • Dog Bites
  • Construction Accidents

Why choose EZ Legal Funds:

  • Apply Fast Online or by Phone
  • 24-hour Intake
  • No Application Fee
  • We Provide Cash While Your Case Settles
  • Lowest Rates in the Industry! Apply Now
  • Pay Us Only If You Win
  • No Job Required
  • No Hidden Fees
  • No Monthly Payments
  • No Credit Check
  • Lowest Rates in Industry

Call (866) 581-8580


Can I get money before the final claim settlement?

Pre-settlement funding is one way to get money before the final claim settlement.

Lawsuits can take a long time to settle. You may struggle to find cash to pay your bills during the litigation. Pre-Settlement Lawsuit advance companies help you get cash relief before your claim is settled. Pre-settlement funding providers offer cash advances to victims entitled to receive financial compensation from a pending case. The provider advances the cash you need to pay your bills while your lawsuit is still pending. This allows you to focus on recovering from your injuries and focus on ways to get maximum compensation from your case.

How can you benefit from a lawsuit advance?

Getting involved in an accident often leaves you in a financial crisis; forcing you to a quick settlement by taking the insurance claim adjuster’s low-ball offer to settle. A Pre-settlement Funding offers you the benefit of getting cash before your case is settled. So you can cover your living expenses and continue fighting the insurance company or defendant for a fair lawsuit payout.

Do I need to have a lawyer to qualify for pre-settlement funding?

Yes, having an attorney working with you to file a lawsuit is required to take out a pre-settlement cash advance. The legal funding company will contact your attorney for information about your claim. This information will help determine how much funding you can get from your expected lawsuit money.

When can you apply for a Pre-settlement cash advance?

You can apply for a pre-settlement cash advance during any stage of your personal injury lawsuit claim. If your attorney has sufficient information about your case, such as liability, damages, and insurance coverage data, pre-settlement funding underwriters can consider your case for funding.

How do I get cash from my lawsuit today?

Begin your lawsuit advance process by filling out the pre-settlement funding application or calling us to do an application right over the phone.

Visit to know more

Why Do Personal Injury Settlements Take So Long?

There are multiple Factors that Influence the progress of Personal Injury Settlements.

Some of them are:

  1. The duration of the Medical Treatment (Maximum Medical Improvement):

It can take time to determine the full extent of the injuries occurred due to an accident. In most cases, patients may still be receiving medical treatment years after the accident occurs. Unless your doctor believes that you have healed completely from the injuries, you will not be released from treatment.

Personal Injury lawsuit cannot be closed until you are released from medical treatment. The medical records have to be sent to the attorney, and included in the demand letter for compensation.

Attorneys will not be able to ask for medical reimbursement until the doctor releases you from his care.

If it takes you months or years to recover, the negotiation process will also get delayed accordingly.

  1. The amount of Compensation Involved:

If the amount of compensation involved in your personal injury lawsuit is large, settlement will get delayed. Because the insurance companies will investigate every single aspect of the case including every detail of liability and damage.

Attorney will have to convince the insurance company of the following:

  • The injuries were severe and resulted from the accident.
  • That the victim is a credible person and they will not be able to damage the credibility.
  • That they do not have a defense against the lawsuit.

Insurance companies continually delay the settlement process to see if you will give up and just accept a lower settlement amount. They know that people who are severely injured are in need of money. They will use this to exploit and try to get them to settle quickly and for a less amount than what they deserve.

  1. If the defendant is cooperative:

Most of the times the defendant in the case will not own up to their mistake and offer you compensation. The insurers of the defendants will try to get out of paying you anything if possible.

The insurance company tries to place liability on you and delay paying you the money that you deserve. They may even try to get you to make a statement that releases them from the responsibility of compensating you. So it is important to speak with your attorney first before speaking to your insurance adjuster.

This is another reason why the Personal Injury Settlements get delayed.

We at understand that the injury claims process can be frustrating and incredibly draining. We offer Legal Funding so you can afford to be patient and fight until you get the deserved settlement amount.