Apply Today – Funded Tomorrow
What We Do
We provide the fastest pre-settlement lawsuit funding approvals in the industry. Less than 24 hours in some cases.
We provide the lowest pre settlement rates industry wide – and back that up with our Best Price Guarantee on our loans for lawsuits.
We provide the best lawsuit funding customer service experience in the legal funding industry, our team will work tirelessly to get you approved while you are waiting on a pending settlement, Don’t stress on meeting your living expense while you wait on a pending lawsuit.
Legal-Bay is dedicated to our customers. Unlike other legal settlement funding companies, we have creative solutions to help get you approved for a lawsuit cash advance. This is not a lawsuit loan, or a pre-settlement loan. This is a non-recourse lawsuit settlement advance. You owe nothing if you lose your case. That’s right, our lawsuit settlement loans are no risk whatsoever to you!
How Lawsuit Funding Can Help You Today
Never settle for less. If the insurance company is forcing you to take an offer that is not fair value, then consider taking a pre-settlement funding with Legal-Bay. A pre settlement cash advance today can buy you the necessary time needed to pay your bills – and get a better settlement offer.
Here is a basic scenario: Insurance Company offers a plaintiff a $50,000 “low ball” offer today for their case… Plaintiff discusses with their attorney and decides to decline the offer, and obtain a $10,000 pre-settlement advance with Legal-Bay to pay bills. 5 month later, the Insurance Company offers plaintiff $100,000. The small cost to pay Legal-Bay produces an additional $50K in case value.
Can you borrow against a lawsuit?
Yes, you can borrow money against a lawsuit with Legal Bay. If you’re looking for a lawsuit loan company that can get you the funds you need quickly, then you’re in the right place
Technically Not A Lawsuit Loan
Although many of our clients refer to our funding programs as lawsuit loans, legal funding loans, settlement loans, or pre-settlement loans; these are not loans or pre settlement loans of any kind. That is why Credit is not a factor. Not employed? No problem either. We don’t need to verify your employment to approve you, we only need to verify that you have a lawyer and a valid claim. That’s it to get you approved!
How Much Do Lawsuit Loans Cost?
Up front, our lawsuit loans cost you nothing. You never pay out of pocket fees. We provide you with a free case evaluation, which costs you nothing as well. You only repay your lawsuit settlement funding if you win your case – and your lawyer is the one responsible for paying this directly to us upon your settlement.
There will be a set fee at origination disclosed to you, and all charges after this will come out of your settlement. There is no financial risk in applying for, and our pre-settlement funding.
Does Credit Affect A Lawsuit Loan?
No it doesn’t. Credit checks are not a part of our approval process.
Do lawyers give advances on settlements? Can your lawyer give you a loan?
Lawyers do not give you your advance on a settlement, you get an advance on your settlement from a lawsuit funding company like Legal Bay.
Do I need an attorney to be eligible for a lawsuit loan?
Yes, an attorney is needed to obtain a lawsuit loan. Do not trust companies that tell you otherwise. The best lawsuit loan companies never suggest that you don’t need one to be eligible.
Prior Funding With Another Lawsuit Funding Company – And Been Denied For Same Day Pre Settlement Loans By Other Lawsuit Loan Companies?
Many lawsuit funding companies don’t take on clients that have received a prior funding with another lawsuit funding company. Legal-Bay is the leader in buying out prior funding’s that you may have received; and providing you with the additional cash advance you need. Legal-Bay can provide you with a potentially lower rate as well, which could potentially give you fresh cash in your pocket – while still having the same payback you currently have. Legal-Bay is one of the best legal funding companies in the industry, because they will provide you with a free case evaluation to determine if refinancing makes sense for you. Additionally, Legal-Bay takes almost every lawsuit type of case that has a valid chance of recovery, provided that you are represented by a lawyer. We can structure pre-settlement advances differently than most funding companies, while still ensuring that it is not a lawsuit loan regardless of the type of case you have.
What should I look for in a pre-settlement funding company?
The most important thing to look for is honesty and transparency of your payback in your contract. Many companies can provide you with verbal quotes on rates or fees, but the real proof is in the actual contract and ultimately what your payback is compared to what you actually received. The Devil can be in the details, so don’t just trust the quotes, compare the actual figures. Also, Funding firms that charge compounding rate contracts over 3% per month are extremely dangerous, especially if it takes a long time for a case to settle. Flat rate contracts are the better option in almost all cases. Consumers should look for funding companies that are willing to provide you fixed-flat rate contracts.
“LSF Co. funded both my mom and I. In both cases, the agents were friendly and courteous to deal with and answered all of our questions and concerns.”
“The funding agents were extremely professional. They walked me through the funding process and followed through on everything that was needed between my attorney and I.”
Las Vegas, NV
“LSF Co. made me feel not only like a client, but like a friend. They bent over backwards for me by continuing to fund my case several times as the insurance company continued to drag their feet.“
Los Angeles, CA