How does legal funding work?

How Does Legal Funding Work?

At DCD Financing, we provide victims of accidents and personal injury attorneys with money that they need immediately while their case is proceeding through the court system. It is no secret that personal injury cases take a very long time to settle. This means that victims and attorneys do not get paid out until the case is finalized. Legal funding helps ease financial burdens that arise from personal injury cases. This way, it reduces the pressure of settling too early for less than you deserve. 

Legal funding is not like a normal loan. At DCD Financing, there is no risk when you work with us. This is because if you do not win or settle your case, you do not have to pay us back. It is a very simple process, as there are no credit checks involved, no reviews of your financial situation, no job required, and no monthly payments. In addition, there are no hidden or upfront fees that you will need to pay. 
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How to Qualify for Legal Funding

To qualify for legal funding, you must meet some basic criteria:

• You are a victim/plaintiff. This means that you are not at fault for the accident.
• You must have a strong case, as our company is assuming risk by providing cash upfront while we wait for a settlement later down the line. By having a strong case, this gives us confidence that we will be paid out later.
• You must also have an attorney who is currently representing you on a contingency fee basis. This means that the attorney will only get paid if he or she wins or settles your case.
• The responsible party must be able to pay for their damages or their insurance company must be able to. 
  

To find out if you qualify for legal funding, contact our team today. We will get you the help you need.

How to Apply for Legal Funding

The application process for legal funding is very simple. If you are a victim of an accident and have an attorney, or if you are an attorney who needs legal funding to help alleviate your expenses, contact us and let us know you’re interested. You can do so by calling us directly and speak to someone from our team or you can fill out the application on our website and we will contact you. Once that is done, we will speak to your attorney and determine whether you are eligible and collect the necessary information. Next, you and your attorney will sign an agreement. This way, we will be able to send you cash right away. 

At DCD Financing, our team is dedicated to providing financial assistance to those who are going through a trying time. We understand that the accident was not your fault and you may need money prior to the settlement. We strongly encourage you to reach out to our friendly team. We will get you the legal funding that you need. The approval process is very quick from start to finish. Contact us today for fast and easy legal funding.

Benefits of Legal Funding for Victims

There are many benefits of working with DCD Financing for legal funding as a victim. Many people result to credit cards or traditional loans to help alleviate their expenses; however, that can affect your credit and build up interest. Here is why working with DCD Financing for legal funding is a better decision:

• Your credit score is not looked into when qualifying for legal funding. In addition, it does not affect your credit score. 
• If you lose your case, then you do not owe us anything. You have no obligation to pay us back if your case was unsuccessful.
• Legal funding gives you the time needed so your attorney can pursue justice on your behalf without having to settle early and obtain less compensation than you deserve.
• You can use the legal funding for personal expenses, such as rent, mortgage, living expenses, car payments, medical bills, and more.
  

Benefits of Legal Funding for Attorneys

Legal funding for attorneys has become a very popular option as well. There are several benefits of legal funding for attorneys, including:

• It relieves financial pressure. For some attorneys, they may feel torn between a client’s financial difficulties during their pending case and resolving their case to obtain a settlement. Legal funding provides relief so you can work on your client’s case to its full potential and get them a settlement that they deserve, rather than settling for a smaller settlement earlier on.
• Our legal funding company will not interfere with your case, therefore, you are able to work on your client’s case as you normally would.
• Legal funding allows attorneys to invest their time fully to their practice. This means that they are able to achieve the absolute best outcome, without having to worry about the financial burdens of their client’s case.
  

Contact Our Team for Legal Funding 

If you are in need of legal funding from a team that has an abundance of experience in providing financial relief for the past 10 years, then we can get you the help you need. At DCD Financing, we make legal funding an easy, hassle-free, and fast process. Contact us today to get the help you need.