Frequently Asked Questions
What Is Legal Funding?
Legal funding is a game-changing, risk-free lawsuit cash advance for plaintiffs—repayable only if they win—that empowers them to maintain their finances and alleviate worry and financial stress during litigation.
“Litigation funding allows lawsuits to be decided on their merits, and not based on which party has deeper pockets or stronger appetite for protracted litigation.”
~ Eileen Bransten
New York Supreme Court Justice
What Is Legal Funding?
Legal funding is a financial relief service that can provide monetary advances to injured plaintiffs involved in legal disputes. This funding helps individuals cover legal fees, living expenses, and other costs while their cases are pending, and sometimes, after they are settled.
Non-Recourse Funding: Unlike traditional loans, legal funding is non-recourse, which means the plaintiff only repays after they win their case. If they lose, they keep the money and owe nothing.
No Credit Check: Legal funding approval is based on the strengths and merits of a plaintiff’s case, not their credit score.
Fast: Get cash in 12 to 48 hours.
Accident Loans
“Accident loan” is a term commonly used to refer to personal injury loans, car accident loans, motor vehicle accident loans, and slip and fall lawsuit loans.
Car Accident Loans
Lawsuit funding and lawsuit cash advances are two commonly used names for legal funding, which are often called “lawsuit loans.”
Cash For Settlements
Lawsuit funding and lawsuit cash advances are two commonly used names for legal funding, which are often called “lawsuit loans.”
Lawsuit Cash Advance
Lawsuit funding and lawsuit cash advances are two commonly used names for legal funding, which are often called “lawsuit loans.”
Lawsuit Funding
Lawsuit funding and lawsuit cash advances are two commonly used names for legal funding, which are often called “lawsuit loans.”
Lawsuit Loans
Lawsuit loans
Legal Funding
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Litigation Finance
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Post Settlement Funding
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Pre Settlement Funding
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Same-Day Pre-Settlement Loans
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Settlement Loans
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Legal Funding FAQ
TriMark has been a leader in the settlement funding industry since 2003.
We receive lots of great questions about our legal funding options. This FAQ will answer as many of them as possible.
For more information, you can also check out the cases we fund.
Are Insurance Settlements Taxable?
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Are Lawsuit Settlements Taxable?
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Are Personal Injury Settlements Taxable?
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Average Car Accident Settlement?
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Average Motorcycle Accident Settlement?
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Average Nursing Home Neglect Settlement?
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What Is Legal Funding?
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Ready To Make A cHANGE?
Request Legal Funding Now
Please check your case for basic eligibility before you apply for legal funding.
Review the questions below to determine whether your case is eligible for a lawsuit cash advance.
This quick check will save you time if your case is ineligible, you reside in a state where legal funding is prohibited, or we no longer provide funding for your type of case.
Can I Apply If I Have a BSA, 3M, Roundup, J&J Talc, or Camp Lejeune Lawsuit?
No, not at this time.
TriMark does not offer mass tort litigation funding on any of the following multidistrict litigation cases:
– 3M Earplugs
– BSA (Boy Scouts of America)
– Camp Lejeune Water
– Roundup Weedkiller
– J&J Talcum Powder
Are Workers Comp Settlement Loans Available In My State?
Legal funding for workers’ compensation is, unfortunately, unavailable in the majority of states in the US.
A cash advance for workers comp claims is available only in Alaska, Florida, Louisiana, Montana, Ohio, Oklahoma, Rhode Island, Tennessee, Washington, and Wyoming.
IMPORTANT: To be eligible for a cash advance on a workman’s comp claim, you must reside in AND have been injured in one of the ten states listed above.
EXCEPTION: The only exception to the rule above is if you also have a third-party liability lawsuit associated with your injury, separate from, but related to, your workers comp claim.
Apply now: Workers Compensation Settlement Funding
Do I Reside In A State Where Legal Funding Is Prohibited?
Lawsuit funding is unavailable in Arkansas, Connecticut, Kentucky, Maryland, Minnesota, Missouri, South Carolina, Washington DC, and West Virginia.
Does My State Have Any Restrictions On Settlement Funding?
Three states have restrictions on the minimum or maximum amounts a plaintiff may receive:
Colorado: $75,000 minimum
Illinois: $100,000 maximum
North Carolina: $25,000 minimum
Can My Lawyer Deny Me From Getting A Pre-Settlement Loan?
Some law firms have a policy stating they will not work with legal funding companies. While not technically a “denial,” such a policy will prevent you from getting a pre-settlement loan.
Legal funding companies require attorney participation for case review and repayment purposes. If your attorney has told you they will not work with a legal funding company, TriMark cannot help you.
If you are in dire financial circumstances and your attorney or law firm is aware, they may be willing to make an exception for you. It never hurts to ask.
Is Rerepresentation By A Contingent Fee Attorney An Absolute Requirement?
Yes, without exception.
To qualify for a lawsuit advance, plaintiffs must be represented by a contingent fee attorney.
Pro bono (free), pro se (self), agency of the government (the EEOC, for example), and class action lawsuits are all ineligible for settlement advance consideration.
What If The Defendant I’m Suing Is Not Insured?
To qualify for pre-settlement loans or post-settlement funding, your attorney must be able to show clear liability against a defendant who is sufficiently insured against the type of loss for which they are being sued.
In addition, after the case is settled, the insurance check must be deposited in and be disbursed from your attorney’s trust account.
Class action lawsuits, small claims court cases, lawsuits against individuals (except for eligible homeowner’s insurance claims), and lawsuits against businesses that will pay the settlement directly are all ineligible for lawsuit settlement funding.
Get Legal Funding Today
Apply now, and receive your cash as quickly as tomorrow!