When Will I Receive My Pre-Settlement Funding?

by | Jul 7, 2023 | Legal Funding | 0 comments

How Long It Takes to Receive Money After Applying for Legal Funding

If you are injured in an accident, you may be struggling to pay your bills or to keep up with daily living expenses since you are unable to work. Pre-settlement legal funding can help bridge the gap between your accident and when you receive compensation from a lawsuit. However, you might be wondering how long it will take to receive the funding after you apply.

At Triumph Legal Funding, we are making pre-settlement lawsuit funding quick and easy for both attorneys and injury victims. Our fast, risk-free approval process helps clients get the money they need when they need it the most. The best part is there are no out-of-pocket expenses. The money is only repaid if you win your case. 

Contact our office at (973) 362-3500 to learn more about the process and how we can help you get funding today.

When Do I Receive Pre-Settlement Legal Funding?

Personal injury lawsuits are taking longer and longer to settle. Complex cases can take months or even years until an injury victim will see it finally resolve. Few people can wait this long to receive compensation for their medical bills or lost wages. 

Pre-settlement legal funding helps to ensure that attorneys and injury victims do not have to deal with a lack of cash flow while they wait for a case to resolve. Most people will be eligible for pre-settlement legal funding immediately after they retain an attorney. You will then receive funding after applying for the funding through a reputable company.

How Long After I Apply Will I Know If I Am Approved?

The length of time it will take to receive funding typically depends on the individual lender. At Triumph Legal Funding, accident victims and their attorneys can generally receive the money they are approved for within 24 hours. The ability to provide funding quickly helps to ensure that valid cases can be fully litigated. 

Applying for pre-settlement legal funding is free and without risk. Unlike a traditional loan, you do not have to verify income or be subjected to a credit check. Approval is based on the likelihood that your case will be successful.

Will I Receive the Money All at Once?

Typically, money from pre-settlement legal funding is provided in a lump sum. This means that you have full control over the money. It allows you to cover medical bills, groceries, or other living expenses so that you do not have to go into debt while you wait for your personal injury case to resolve.

Interested in Pre-Settlement Legal Funding? Contact Our Office.

Are you an attorney or injury victim that needs legal funding? Contact our office at (973) 362-3500 to discuss how we can help. 

Our 3-step approval process begins with a phone call or by filling out our online application. Get the monetary help you need now while you wait for your case to resolve. Do not stress about how you are going to pay your bills. Let us help ensure that you can wait to receive the best possible outcome in your case. Call now to get started.