Disclaimer:: The term "lawsuit loan" is
used on this page to be synonymous with the term "lawsuit cash
advance". The service we provide is a non-recourse cash advance
against the expected settlement of your lawsuit case. It has no monthly payments, and if there is no recovery in your case, the cash advance is not repaid. By contrast, a loan has monthly
payments and repayment is unconditional.
- Discuss your need for a lawsuit loan with
your attorney. The cooperation of your attorney is needed in order for
you to obtain a lawsuit loan. We cannot help you unless your
attorney will support your request for a lawsuit loan on
your case.
- Contact us at Chestnut Hill Funding using one of the
methods on
the Lawsuit Cash Advance Form
page.
- We will work with you over the phone to do a preliminary
screening of your case to check if it makes sense to continue the
lawsuit loan application process.
- If it appears to us your case may qualify for a lawsuit
loan, and you have not already completed the Lawsuit
Cash Advance form on our website, we will ask you to provide more
detailed information about the
circumstances surrounding your case. This
information is entered into an application form that will become part
of the
document package used in the detailed
evaluation (also known as underwriting) of your case.
- The next step in the lawsuit loan application process is
for you to authorize your attorney to
release to us the documents for your case. We will ask you if your
attorney will accept a verbal authorization from you to release
documentation on your case. If your attorney requires a written
release from you, you will have the option of signing a release letter
sent to you by your attorney, or we can send you a release form that we
use
- Once you have given authorizaton to release documentation
on your case, we will then FAX your attorney and request that the documents for your case be FAX'ed
to us. We will work with you and your attorney until the
documents to support the lawsuit loan request for your
case are released to us. We may ask you to assist in this process by
letting your attorney know that you have authorized the release
of documents to determine if a lawsuit loan can be made on your case,
and that you would appreciate it if they
make the documents available to us as quickly as possible.
- When we receive the documentation from your attorney, we
will then prepare a package containing all the
information
for your case. This package will then be evaluated by one or more of
our underwriters to determine
if your case qualifies for a lawsuit loan.
- If your case is approved for a lawsuit loan, you will be
presented
with a proposal specifying how much can be advanced and what the fees
for the lawsuit loan will be. You should review the lawsuit loan
proposal
with your attorney.
- If after review you decide to accept the lawsuit loan
proposal, you will
be asked to sign and notarize a lawsuit loan agreement and your
attorney will sign
the agreement too.
- After your signed agreement has been received you will be
sent a
check either via overnight shipping services, or with some of our
underwriters, you will have the option of receiving the funds from your
lawsuit loan via a wire transfer to a bank account in your name..
If you are ready to start the
lawsuit loan process, or if you have additional
questions, please click here to
contact us, or call us now at 1-800-598-1178.
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