Legal funding benefits

The help you need to cover for unexpected expenses due to your lawsuit.

Legal funding is a risk-free source of finance and this preferred option is now openly available to more and more potential plaintiffs, which lesser hassles, strictness, and burdens than conventional loans.

What is legal funding?

 Many people choose not to file lawsuits solely due to limited finances available to them. Litigations can be expensive, and supporting a family or a business while also receiving medical treatment or fighting expensive litigation can result in huge bills and loss.  The global legal funding industry, or the lawsuit financing sector, is a group of companies offering programs to finance expenditures by plaintiffs engaged in personal injury cases, other civil nature lawsuits, or institutional litigations. Legal funding programs are cash advances against settlements or judgments that alleviate plaintiffs from financial distress. Legal financing enables people with genuine grievances to approach the court and seek redressal for the wrongs that occurred to them.

How does the lawsuit financing industry work?

Where do legal funding companies generate profits from? The legal funding industry has now caught pace with other financing regimes in the modern world. This means that the industry currently consists of over a hundred lawsuit financing companies, all providing legal funds at competitive rates and terms. The lawsuit finance industry is also being increasingly regulated through bye-laws and private bodies, making it safer for plaintiffs to obtain financing from lawsuit funding companies. Legal funding also comes with other benefits for plaintiffs. Those applying for pre-settlement funding can be at ease because there is no risk. If the the lawsuit doesn’t end up in an award, recovery, or settlement; they will owe nothing to the funding company. The entire amount financed is surrendered by the pre-settlement funding company, which reserves no right to claim it at any forum. Plaintiffs in need of a cash advance, are free to use our lawsuit financing programs to their benefit.

Legal financing is risk-free.

For a plaintiff who has received personal injury resulting in long-term or permanent impairment, getting into dangerous debt would be the last thing on their minds. As opposed to traditional loans, plaintiffs naturally tend to incline towards lawsuit funding for the very reason of safety it accompanies. If the plaintiff loses the lawsuit and does not recover anything, he doesn’t have to worry about repaying the pre-settlement funds he had borrowed. Legal financing companies take on the full investment risk to finance a lawsuit, which becomes risk-free to the plaintiff, enabling them to focus their resources to fight a significant legal battle until they reach a fair settlement. That’s why legal funding is risk- free.

No win? No pay

100% risk-free.

Legal funding is flexible.

As discussed, legal funding is different from conventional loans. Our legal financing programs do not entail strict terms and conditions. Hence there are no issues of interest rate variations with timely payment deadlines to observe or stringent monetary plans if the case doesn’t win a settlement. Settlement funding companies like Baker Street Funding are aware that legal funding programs are relatively safer forms of lending. For this reason, we formulate flexible settlement borrowing plans for plaintiffs than those offered by banks, to put them at liberty and ease. Also, with the advent of more and more entities offering legal financing today, plaintiffs have a lot more options to choose from, based on their specific circumstances and tailored requirements.

Flexibility

in contracts and rates.

How legal funding helps attorneys and their clients.

Legal funding alleviates the burden of clients continuously contacting their attorneys to try and rush the filing of their claims. Normally this sense of urgency comes from the clients’ lack of ability to pay for basic bills and living expenses that cannot be covered due to their injury. At Baker Street Funding, we work with attorneys to help provide their clients with tailored made funding solutions to help cover their essential expenses during the course of their litigation. Our non-invasive, quick funding process allows attorneys to focus on winning the claim and not fielding unnecessary calls from their clients. This is why Baker Street Funding is the top choice for attorneys across the country to provide causing financing solutions for their clients.

Legal funding empowers plaintiffs financially.

Looking after domestic expenses as well as ongoing litigation can be financially frustrating. Defendant companies who are sued often exploit the financial pressures on plaintiffs and push them for cheap settlements. Many of the plaintiffs with no alternatives are compelled to surrender before those low-ball offers and end up receiving peanuts in the settlement compared to what they deserved. Many plaintiffs who secure legal funding exclude themselves from possible insurance exploitation and hence legal financing is a great advantage to them.

Pre-settlement funding helps you obtain medical treatment.

After suffering through a personal injury, any delays in receiving the necessary medical treatment can cause fatal complications. Not many people have ample savings or resources to finance major medical treatments. In such cases, pre-settlement funding can help plaintiffs to choose the right medical options available to them through medical lien funding. Once the plaintiff has received quality medical assistance and has recovered, the legal funds or costs incurred over it can later be paid when the lawsuit reaches a settlement.

Medical loans

are available for injured victims.

The legal funding process is fast.

funding step 1

Apply

Simply begin by providing basic information about you and your case; the name of the attorney that's representing you; and their contact info.

funding step 2

We approve

The evaluation of your case consists of us communicating with your attorney who will then provide only the documents our underwriter needs before approving you.

funding step 3

You get funds

Once your pre-settlement funding application is approved, we’ll formulate a contract and then provide the requested cash advance against your potential settlement.

Ready to get funding?

Baker Street Funding is here to help you get the funds you need. Call us today at (888) 711-3599 or apply online for cash funding to. get the process started today.

Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:

Attorney
Requests

Lawsuit
Loans

LAWSUIT LOANS APPLY

Litigation Funding

Post-Settlement Funding

Surgery Funding

Or just call us at 888.711.3599 to apply.

Baker Street Funding helps you Get Your Legal Funds Now.

Select a legal funding product to get started:

Attorney
Requests

LAWYERLOANS APPLY

Lawsuit
Loans

LAWSUIT LOANS APPLY

Litigation
Funding

LITIGATION LOANS APPLY

Post-Settlement
Funding

POST SETTLEMENT LOANS

Surgery Funding

MEDICAL LIEN LOANS

Or just call us at 888.711.3599 to apply.