Applying for pre-settlement funding can provide a lifeline when you’re waiting for your lawsuit to settle. But what happens once you hit “submit” on your application? At Baric Enterprises, we believe in transparency and helping clients understand the funding process from beginning to end. Here’s what you can expect after applying for a lawsuit cash advance.
Step 1: Initial Application Review
After receiving your application, our team immediately reviews the basic case details. We do not require a credit check, employment verification, or income proof—so the review is quick and focused entirely on your lawsuit’s merits.
Step 2: Attorney Contact and Case Verification
Next, we contact your attorney to verify the case type, status, and likelihood of a favorable outcome. This step is crucial in helping us assess your eligibility. Having an attorney actively involved is required to move forward with funding.
Step 3: Funding Decision
Once we gather the necessary details, our underwriters evaluate your case. This process typically takes 24 to 48 hours. If your case is approved, we’ll provide a funding offer based on the estimated settlement value.
Step 4: Signing the Agreement
Upon approval, you and your attorney will review and sign a simple funding agreement. This document outlines the advance amount, terms, and repayment structure (which only applies if you win or settle your case).
Step 5: Get Your Funds
After the agreement is signed, we release the funds. Most clients receive the money within 24 hours—either via direct deposit, check, or wire transfer. Use the funds to cover rent, medical bills, groceries, or any other urgent needs.
Step 6: Repayment After Settlement
There are no monthly payments and no risk if you lose. Once your case settles, your attorney will repay us from the settlement proceeds. If you don’t win, you owe us nothing—that’s the non-recourse nature of pre-settlement funding.
Getting pre-settlement funding shouldn’t add more stress to your legal battle. At Baric Enterprises, we streamline the process to get you the cash you need—quickly and fairly.
Waiting for your case to settle? Need money now?
👉 Apply online or call Baric Enterprises today to check your eligibility risk-free.
Recent Comments