You need to apply for a settlement advance and this is accomplished with a few questions about you, the amount of money you make each year the lawyer fees you are currently paying, who your legal representation actually is and your side of the case. Because they only make money if you win the case they will not require a credit check. This may be of benefit as it is usually another timely step in the process.

In order to receive a consideration for settlement advance you need to allow disclosure of your case to the advancement company. Most legal representation are happy to accommodate this request as they know it means they are more likely to get their payment in a timely manner. It is always better to get a legal team who offers not to charge you unless you win the case, as this can alleviate your own financial burdens.

If they feel there is a chance for you to win they will make you an offer. The offer is a combination of the risk of you losing the case and a small portion of how desperate for the money they think you are. You will be shocked here, they will generally want in the range of 18 – 30% APR on the money they loan you.

If you decide to take the money remember you’re getting more than an advance. You now have a backup team for your legal firm. This company is now vested in you winning and they will have their legal staff review documents from you lawyer, ensure you lawyer is doing all of his work properly, and even suggest better lawyers for you. That is a good feeling.

Want to find out more about my purchase structured settlement, then visit Jared Cruse’s site on how to choose the best structured settlement company for your needs.

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