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Frequently Asked Questions

Is the Lawsuit Advance something that I have to pay back?

A lawsuit advance is not a loan. Our advance to you is only required to be paid back if your case is successful. If you do not win your case, you don’t know us anything.

Do I have to pay an application fee or am I required to make monthly payments?

Rapid Lawsuit Advance does not charge you an application fee. No, you are not required to make monthly payments to pay back your advance. We collect the advance along with our minimal fees when your case settles.

How does the process work and how long does it take?

Fill out our short and easy application, we contact your attorney’s office, we review your paperwork, if approved, we send you the money. Once you and your attorney provide us with needed information, our underwriters evaluate your case and within 24-48 hours you can have cash wired to your account.

How expensive or costly is this to me?

Everyone’s case and need is different. We offer some of the lowest rates in the industry. Our fees range from 1% to 4% a month.

What is the minimum/maximum advance that I can get through a lawsuit advance?

There is no minimum cash advance amount. There is also no maximum amount that you can take. Maximum advance amounts depend on how large your expected settlement is.

Does my attorney or their law firm need to be involved?

Yes, your attorney DOES need to be involved in this process. It is imperative that you direct your attorney to provide us with the necessary paperwork outlining your complaint. Your attorney must also agree to forward funds to us upon settlement of the case, but only after he is paid first. These are services that your attorney SHOULD provide to you based on your attorney/client retainer letter. Remember that you have hired him to work for you.

Do I need approval from my attorney in order to take an advance?

No, you do NOT need approval from your attorney to take an advance. The case is proprietary to you and you have rights to your advance in which your attorney has no authority to dissuade you from taking. In fact, there are no risks associated to your attorney in conjunction with the “advance” since the attorney is ALWAYS paid prior to us. Your attorney is NOT affected in any way by your advance and therefore has no right to “disallow” you from obtaining the needed funding.

 
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