What is Lighthouse Legal Funding?
Lighthouse Legal Funding is a reputable pre-settlement funding company that offers financial assistance to individuals who are currently involved in lawsuits or legal claims. We provide non-recourse cash advances, ensuring you only repay the funds if your case is successful.
How does pre-settlement funding work?
Pre-settlement funding, also known as legal funding or lawsuit funding, allows plaintiffs to receive a portion of their anticipated settlement upfront. Lighthouse Legal Funding evaluates the merits of your case, and if approved, we offer you a cash advance to help cover immediate expenses while your case is ongoing.
What types of cases does Lighthouse Legal Funding support?
We offer pre-settlement funding for a wide range of cases, including personal injury claims, medical malpractice, auto accidents, product liability, premises liability, and more. Whether your case involves an individual claim or a class action lawsuit, we are here to assist you.
How is Lighthouse Legal Funding different from a traditional loan?
Lighthouse Legal Funding provides non-recourse funding, which means you are not obligated to repay the advance if your case is unsuccessful. Traditional loans require monthly payments, but with our funding, you only pay us back when you win your case.
Is a credit check or employment verification required to apply for funding?
No, Lighthouse Legal Funding does not require a credit check or employment verification during the application process. We base our funding decision on the strength of your case, not your credit history or current employment status.
How much pre-settlement funding can I receive?
The amount of funding you can receive depends on the specifics of your case and the estimated value of your potential settlement. Lighthouse Legal Funding typically offers funding ranging from $1,000 to $100,000 or more.
What can I use the pre-settlement funding for?
The funds provided by Lighthouse Legal Funding can be used at your discretion. Many clients use the money to cover medical expenses, rent or mortgage payments, utility bills, legal fees, and other essential living costs.
How long does the approval process take?
Our team at Lighthouse Legal Funding strives to provide a quick and efficient approval process. Once we receive all necessary case information from your attorney, we typically reach a decision within 24 to 48 hours.
Will my attorney be involved in the pre-settlement funding process?
Yes, we work closely with your attorney to review the details of your case and obtain essential documentation. Your attorney’s cooperation is crucial to ensuring a smooth funding process.
What happens if I lose my case?
If your case is unsuccessful, you are not required to repay the cash advance. Our pre-settlement funding is entirely non-recourse, meaning you owe us nothing if you do not win your case.
How do I apply for pre-settlement funding?
Applying for funding with Lighthouse Legal Funding is simple. You can start the process by visiting our website and filling out the online application form. Alternatively, you can call our toll-free number at 1-800-123-4567 to speak with one of our knowledgeable funding specialists.
Are there any upfront fees or hidden costs?
There are no upfront fees or hidden costs associated with Lighthouse Legal Funding. You will only repay the funding and agreed-upon fees if your case is successful.
Can I apply for additional funding if needed?
Yes, in certain cases, additional funding may be available if your initial advance has been partially repaid and your case qualifies for further support. Feel free to contact our team to discuss your specific situation.
Is Lighthouse Legal Funding available nationwide?
Yes, Lighthouse Legal Funding provides pre-settlement funding services to plaintiffs throughout the United States, in states where pre-settlement funding is permitted.