American Pride will typically advance no more than 20% of your expected net settlement.
The difference between pre settlement advance and post settlement advances:
Pre settlement funding is more expensive than post settlement funding because when plaintiffs initially apply for funding, the outcome of their case is not determined. Pre settlement funding is riskier and thus more expensive.
After a long settlement process or litigation, receiving funds from your settlement can take months. Settlements may be subject to appeals or require additional departmental review.
Post settlement funding is typically less risky for a lawsuit funding company and our rates are lower for these types of advances.
After waiting months, some plaintiffs decide that would like a post settlement advance against their lawsuit proceeds.
Upon approval, American Pride Legal Funding can provide you a cash advance on your pending lawsuit to help pay your immediate bills and get you back on your feet. You pay back the loan only if you win your case.
What is the Application Process Like?
Give us a call and we’ll take down some basically information and our attorneys will request additional case documentation from your law firm. They will review your case materials and if you are eligible for funding, we will reach out to you with a funding contract.
What if I have bad credit?
No problem! Remember, legal funding is not a loan, and it is not dependent on your credit score- so if you have bad credit, it will not disqualify you for a cash advance on pending lawsuit.
You can give us a call and we’ll start the process. There are no credit checks. There are no upfront fees.