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How Many Pre-Settlement Loans Can I Qualify For?

There are no rules or laws that prohibit lawsuit plaintiffs from getting more than one pre-settlement loan. If you have received pre-settlement funding already, but require access to more cash, you have every right to apply for more funding. A responsible pre-settlement loan company will evaluate the facts of your case and determine whether they can offer you an...

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Lawsuit Loan Calculator: How Do Interest Rates Work for Settlement Advances?

Lawsuit Loan Calculator How much money do you need to be advanced? (without commas) How long do you expect before your case settles / is resolved?6 months12 months18 months24 months30 months Here’s how much you’ll owe: Industry Average: With Nova:   DISCLAIMER: This calculator is based on our average lawsuit loan rate. The rate quoted here is not necessarily...

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Borrowing Money Against a Lawsuit Settlement

Is pre-settlement funding the same as borrowing money against your lawsuit settlement? Technically, pre-settlement funding is not the same as borrowing money against your lawsuit settlement. Why? Because when you borrow money the implication is that you will be obligated to pay it back at some future date. The way pre-settlement funding works is it’s a non-recourse cash advance....

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Can My Lawyer Deny Me From Getting a Pre-Settlement Loan?

In order to qualify for a pre-settlement cash advance, you must have an attorney representing you. Your lawyer (or paralegal, or whoever knows the most about your case) will be made aware that you are seeking a lawsuit loan, as we need to get in touch with them so that we can evaluate the strength of your case. While...

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How Long Can a Lawyer Hold Your Settlement Check?

When you finally reach a settlement, there are a few more things you and your lawyer need to do before the defendant gives your lawyer the check. Even so, once the check reaches your lawyer, there are a few obligations they must attend to before they give you the final balance. What Factors Delay My Settlement Check? Depending on...

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How to Get a Pre-Settlement Lawsuit Cash Advance in Chicago

If you are struggling to pay your bills after suffering injuries in an accident, you aren’t alone. Many people struggle to keep financially afloat during lengthy legal battles, especially if they require medical treatment for their injuries. At Nova Legal Funding, we understand how difficult pursuing a claim is for personal injury victims. We offer pre-settlement lawsuit loans in...

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Do I Need a Lawyer for a Car Accident That Was Not My Fault?

In the United States, you aren’t required to retain a lawyer if you get into a car accident that wasn’t your fault. However, hiring a lawyer usually benefits your claim. If you suffer injuries in a car crash, you might need to visit the doctor, miss work, or have your car repaired to get your life back on track....

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How is Personal Injury Compensation Paid Out After the Settlement?

Presenting a personal injury claim is not always a smooth process. There may be months of negotiations or a lengthy court battle. As you head toward the finish line, your case might be on the verge of settling. Or, if your case is in litigation, you might receive a jury award in your trial. Understandably, you are likely wondering...

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How Long Does a Personal Injury Case Take to Settle?

One of the biggest questions you might have if you want to pursue a personal injury case is: how long will it take to settle? This question usually comes up if you have an injury that prevents you from working or requires expensive treatment, leaving you struggling with medical bills, legal fees, and even basic living expenses. Here, we...

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What is the Average Wrongful Death Settlement?

If you lose a family member to a wrongful death, you may be wondering what your options are. Often the sudden loss of a family member causes tremendous emotional distress and financial loss. But when the negligent actions of a person or company result in the death of a loved one, you have the option to file a wrongful...

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