FAQs for Accident Victims

Q: Why choose Legal Capital?
A: Our flat fee, no interest cash advance is more affordable than other pre settlement funding companies that charge seemingly low interest. We also do not require you to take a risk like you would if you took out a settlement loan. Call us to compare: 1-866-935-5440.

Q: How can I benefit from a low fee no interest cash advance?
A: Financial hardship often forces plaintiffs, or accident victims into an early settlement for a fraction of the full value of their case. Don’t settle for less money than you deserve.  A flat fee, no interest cash advance while you are waiting for your pending lawsuit to settle can help you pay living expenses or face unexpected emergencies, without having to take out a settlement loan. With our help, your attorney will have time to present the strongest possible case.

Q: What is the difference between a settlement loan and a no interest cash advance?
A: The difference is that when you take out a settlement loan, you are expected to pay that money back eventually, no matter what. Our flat fee, no interest cash advance protects you from having to pay money that you don’t have because you only pay us back if you win your case. If you don’t win your pending lawsuit, you owe us nothing.

Q: Should I discuss this with my attorney?
A: Yes, absolutely. It is important for your attorney to be aware of your financial situation and we encourage you to discuss this with your attorney as soon as possible. Make sure you tell your attorney that this is not a settlement loan but is a cash advance.

Q: Who can apply for a no interest cash advance?
A: Anyone with a pending lawsuit for a personal injury case qualifies to apply for a flat fee no interest cash advance. We do not require credit checks, social security numbers or lengthy applications.

Q: Can I get an advance if my credit history is bad?
A:Yes. Because we are not a settlement loan company, we provide our cash advances on the merits and strength of your pending lawsuit, not your credit report.

Q: Is this a Settlement Loan?
A: No, this is not a settlement loan. You only pay us back if you win your case.

Q: How soon can I get the money from my cash advance?
A: After we receive you’re the information about your pending lawsuit from your attorney, you will usually get your cash advance in twenty-four hours.

Q: I need operation due to my accident. Will Legal Capital Corp pay for it?
A: Yes. Legal Capital Corp often provides cash advances for medical procedures. If you have a strong case but cannot afford a surgery, Legal Capital Corp can help. This is one example of why it is dangerous to take out a settlement loan, as opposed to our no interest cash advance. If you go ahead and get the expensive surgery, then don’t win your pending lawsuit you won’t have to pay us back.

Q: Are there any application fees or up-front charges?
A: Legal Capital Corp has NO application fees or any other up-front charges. We review your application for free, and if you qualify for a no interest cash advance you pay us nothing until you win your pending lawsuit. Most other pre settlement funding companies charge an application fee, an origination fee, or some other kind of processing fee, usually around $350-$750.  Be aware that you will pay interest on these fees.

See the compound interest chart, comparing Legal Capital Corp to these other pre settlement funding companies pricing.

Q: If most pre settlement funding companies charge monthly compound interest, and you charge a flat fee, how do I compare your prices?
A: : If you talk to other pre settlement funding companies, be sure to ask about these charges. If you are dealing with companies that charge interest, ask them to calculate the dollar amounts you will be paying back, not monthly percentage rates. Get the numbers for how much you’d pay if your case lasts one, two, three, four or five years.

Remember that it is impossible to know the final cost of a cash advance with monthly interest because it is impossible to know how long it will take for your pending lawsuit to settle.  Although everyone hopes that a case will settle in a short amount of time, experience has taught us that most cases take longer than initially anticipated. To compare our flat fee to monthly interest charges, read our no interest cash advance pricing page.

Q: What happens if I get a cash advance from Legal Capital Corp and I find it is not enough for my needs?
A: This happens, especially when a pending lawsuit takes longer than expected, so we always consider additional advances. In fact, we encourage plaintiffs to take only what they absolutely need to prevent a financial crisis. If more is needed, we will gladly review your case again.

Q: What if I already have a cash advance fro one of the other pre settlement funding companies?
A: It’s not a problem. If your case qualifies, we will offer you a no interest cash advance and payoff the other company.

Q: Where are you located?
A: We have offices located in New York City, NY and in Chicago, IL. We also offer our services to accident victims in New Jersey, Connecticut and Pennsylvania.

If you’re in New York City or Chicago, Legal Capital will even come to you to review the case file and complete the necessary paperwork for you.  We want to make it as convenient as possible for you to get a no interest cash advance, so you won’t have to take a risk with a settlement loan.