Questions & Answers

Pre-Settlement Funding FAQs: Get answers to questions about lawsuit cash advances

Lawsuit cash advances are a simple pre-settlement funding tool many clients utilize during the process of their injury claim to help obtain cash before receiving compensation from a lawsuit payout for their injuries they suffered.

You may have questions about how a lawsuit cash advance from Cochran works and what is required for you to get cash now until your win your case.

We have posted a few of the most frequently asked questions about pre-settlement funding below. You will see answers to some of the most common questions potential borrowers have regarding receiving funds prior settlement of their case.

If after reading through this page you still have questions or concerns about lawsuit lending, please do not hesitate to call our legal funding department to speak with a professional and experienced legal funding specialist who will be glad to question any question you have about how you can get funding during the lengthy legal proceeding.

Do I need to have a lawyer to get a pre-settlement funding through Cochran Lawsuit Cash Advance

In order to meet the basic underwriting requirements for qualifying for pre-settlement funding with Cochran Lawsuit Cash Advance, the borrower must have an attorney representing him/his in an injury claim.

Do I need to have good credit to get lawsuit financing

No, you do not need to have good credit score to qualify for a lawsuit cash advance from Cochran. Lawsuit cash advances depends on the facts of your injury case and not your credit history. A reputable pre-settlement funding will never pull your credit report in order to consider or qualify you for a cash financing on your lawsuit.

Do you offer pre settlement funding for workers compensation claims in my state

Workers compensation pre-settlement funding is available to employees injured while on the job while waiting on the money from a workers comp claim. Unlike a lawsuit loan, Cochran Lawsuit Cash Advances are available for workers comp cases in a few select states. These include: Alaska; Arizona; Connecticut; Delaware; Florida; Illinois; Indiana; Iowa; Kansas; Louisiana; Mississippi; Missouri; Montana; North Dakota; Oklahoma; Rhode Island; South Dakota; Washington; West Virginia; and Wyoming.

What happens if my case does not settle or I lose my lawsuit

The cash you get during your lawsuit with a cash advance from Cochran Lawsuit Cash Advance is provided to you on a risk-free, non-recourse basis. For this reason, if you lose your injury case or don't recover money compensation from the lawsuit, you can keep the pre-settlement cash advance and owe nothing. Repayment of the cash advance is only required if your attorney obtains a lawsuit payout.

How can I get started and begin the process of getting approved for a lawsuit advance

Our pre-settlement funding company is ready to guide you through the cash advance process. If you're ready to get started and put in your application to take out a lawsuit advance before your case is settled, all you have to do is fill out the short, free, and simple online application form. If it's during regular business hours, you can call us to do an application right over the phone by speaking with a legal funding specialist.

Simply fill out the form to begin