Frequently Asked Questions
Even though many people refer to this process as a lawsuit loan, it is not a loan – it is a cash advance.
Unlike a loan, should you lose your case, you don’t owe us anything. The entire cash advance, including all the fees, is entirely forgiven. Plus, there is no application fee to set up the cash advance, and there are no monthly payments while you wait for your case to settle.
This is strictly a cash advance on the future value of your lawsuit settlement.
All fees are typically determined on an individual basis by Quickset Funding. Our rates and fees are among the lowest in the industry.
Quickset funding is a way for you to pay for medical bills, living expenses and emergencies while you wait for your lawsuit to settle.
Many personal injury cases can take months to settle, which can leave you in a difficult financial situation.
With legal funding, a portion of your estimated lawsuit settlement is advanced to you, by Quickset Funding before your case is settled. When your case settles, the cash advance plus fees is paid back to Quickset Funding.
If you lose your case, you don’t owe us anything. There is no risk to you – if your case loses the cash advance is forgiven.
Yes. As the plaintiff in a personal injury lawsuit, you can sell or assign all or a portion of your claim to fund your legal expenses and/or your personal living expenses. A portion of the claim was already assigned to your Attorney as your contingency fee.
No. There are no monthly payments while you wait for your settlement.
Legal funding requires no credit checks or credit requirements. Poor credit or even bankruptcy is not necessarily a problem. You qualify for a cash advance solely on the basis of your lawsuit.
The minimum is $500 and the maximum is unlimited.
There are no application fees or payments until your case is settled. Our fees are recovered in your settlement. In our final proposal to you we provide you with a schedule that outlines all the fees and the final costs.
You can complete the application over the phone by calling 1.800.239.8464. Once your case is approved, we issue a cash advance against the future payment of your personal injury case.
We encourage you to do so.
The American Bar Association does not allow attorneys to advance money to their clients. Attorney’s can only advance money for direct case expenses. This agreement protects both you and your attorney.
For all cases, we need a copy of your lawsuit, if one has been filed.
Please provide a letter from your attorney with the gross settlement amount, all liens, fees, and expenses against the case.
To get started, call us toll free at 1.800.239.8464