Frequently Asked Questions About Legal Funding
At Triumph Legal Funding, we hope to provide injury attorneys and their clients with the money they need to get the settlement or verdict they deserve. Access to capital can be a devastating problem for law firms and injury victims alike, particularly with the rising costs of litigation and the length of time it can take to resolve a case. If you have a lawsuit and need cash now, contact Triumph Legal Funding at (973) 362-3500 to fund your way to victory.
Contact Triumph Today to Get Started
If you or your client needs financial assistance while waiting for the outcome of your case, contact Triumph Legal Funding. We can get you the cash you need now. Call today at (973) 362-3500 to get funding without a loan.
Does Triumph provide loans?
No. At Triumph, we do not provide loans. We provide legal funding and pre-settlement funding for injury victims and their attorneys nationwide. Loans can be expensive with high-interest fees and penalties. Legal funding is a lawsuit advance that is paid through an agreed-upon portion of the recovery. There are no fees unless you win.
After an accident, many people are unable to work, creating a financial hardship. Our risk-free lending enables attorneys to cover litigation costs and accident victims to pay for living expenses, medical bills, and more while they await a settlement on their case. We absorb the risk since you are not obligated to pay anything unless you recover money for your case.
How quickly can I receive funding?
Unlike a traditional loan, you can receive funding within hours after approval. Our experienced underwriters will review your case promptly and can provide you with a decision in less than a day. If you are an injury victim, we will speak with your attorney first to obtain the necessary information and then provide you with a decision within 24 hours. Once you are approved and sign our contract, funds can be transferred to you.
One of the things that sets Triumph apart is our personal funding specialists. When you call our offices, you will speak one-on-one with a case expert who has years of experience handling your specific case type. This individualized approach helps us to quickly get approvals and release funds, ensuring that you have the money you need to cover any costs.
How do I apply for funding?
Applying for pre-settlement funding is simple and can be done in minutes. By following our four-step process, you can get access to funds when you need it most.
Legal funding doesn’t have to be hard. We started Triumph to make getting a lawsuit cash advance quick and easy. Start by calling our office at (973) 362-3500 or filling out our online contact form. You will be connected with a personal funding specialist that has experience in your specific case type. After gathering information, we will contact your attorney on your behalf to request the necessary documents related to your lawsuit. Within hours of reviewing your case, our underwriters can give you a decision. We will notify you either way, and if approved, you then have the power to accept the funding by signing our contract. After you agree, money can be transferred directly to your account.
What does legal funding cover?
Whether you are an attorney or an injury victim, pre-settlement legal funding can help cover costs related to your lawsuit. For attorneys and law firms, legal funding can help create cash flow for litigation costs. Accident and injury lawsuits are only getting more expensive and taking longer to settle. Pre-settlement funding helps to cover any costs prior to the completion of a case. For an accident or injury victim, a lawsuit cash advance can help with everyday expenses.
Some of the most common uses of legal funding include:
- Rent or mortgage
- Medical bills
- Car payments
At Triumph, we are committed to providing legal funding done right. In as little as 24 hours, you can have the funds deposited in your account. Our application process is easy and stress-free. Call today to discuss your options.
Is Pre-settlement funding risk-free?
Pre-settlement funding gives plaintiffs of certain types of lawsuits access to funds before their case is closed. This is not a loan, but an agreement that in return for a “lawsuit advance,” Triumph will receive an agreed-upon portion of the recovery or settlement.
Triumph is absorbing much of the risk because if your case doesn’t win, then you are not obligated to repay the funds you received.
Where do you serve clients?
Triumph Legal Funding serves clients nationwide. No matter where you are in the U.S., you are eligible to apply for funding with us. Learn more about our pre-settlement funding services in particular states by visiting the pages below:
Attorney Funding in:
Funding for Injury Victims in: