Equity Litigation Funding is open between the hours of 8:00 AM and 5:00 PM, Monday through Friday, Eastern Standard Time.

Equity Litigation Funding, LLC is an attorney-owned and operated company bringing years of civil litigation experience to our underwriting and case evaluation services. Our principal has a variety of experience as a litigator, a trained mediator and a member of the Dispute Review Board Foundation. Additionally he is a member of the Kentucky and Virginia Bar Associations, the Kentucky Academy of Trial Attorneys, the Mediation Association of Kentucky, the Virginia Trial Lawyers Association and the American Bar Association’s Litigation Section.

If your case qualifies, Equity Litigation Funding can pay you cash now for a portion of the proceeds that you will receive in the future when your lawsuit is either setteled or a verdict in your favor is rendered at trial.

You should apply for an advance only after careful consideration. It may help you pay for necessities or other costs while you wait for your case to settle or be tried.

The term usury or usurious refers to laws enacted by many states that prohibit loans above a certain statutory interest rate. The term usually refers to recourse loans, i.e. loans that must be repaid by the debtor regardless of any contingency. Because the repayment obligation to Equity Litigation Funding, LLC is completely dependent upon whether the Plaintiff recovers, our services are not loans and therefore are not subject to the laws on usury.

It means that repayment of the advance by the client is contingent on the resolution of their lawsuit. If you lose your case or do not receive payment from the defendant, you owe us NOTHING. By investing in your case, we share the risk with you.

No, but it’s a way for you to get money when you need it. Most conventional loans are recourse loans, which means that they must be repaid regardless of any contingency such as the outcome of a lawsuit. In return for our advance, you must sign a contract where you will agree to give up a portion of your proceeds from the lawsuit to Equity Litigation Funding, LLC if the case is resolved in your favor. Your attorney will pay us our portion directly from the proceeds of the case.

The amount of money you can receive depends on the estimated future value of your claim and its chances for a favorable outcome. Generally, a client is free to request any amount.

Our rates depend on the amount of the advance and the level of risk associated with your case. During the underwriting process, the case is evaluated individually. Generally, because of the high risks associated with investing in lawsuits, clients can expect to pay a premium for the advance.

Yes. A contingent advance and a bank loan are different. Clients are not required to repay a contingent advance if they lose their case or do not receive payment from the defendant(s). However, if you recover proceeds from the lawsuit, you will pay a premium for the advance. The premium is usually higher than the interest rate that you would pay for a bank loan, although a bank loan must be repaid regardless of whether you win or lose your case and most banks will not approve loan applications without some form of collateral to secure the loan.

Probably not. The applicable interest rate on credit cards varies, but is usually less than the premium you would pay for the advance if you win your case.

It may make sense to continue making the monthly payments until you receive the proceeds from your lawsuit.

Every case must be evaluated before a decision can be made. In each case, we need to speak to the client’s attorney and require his/her cooperation. In some cases we also require to see documents related to the case. We work promptly and efficiently, but cannot control the availability of clients’ attorneys. Some cases have been funded within 48 hours, while others can take several weeks. However, once all of the required information is received, most funding decisions are made within 48 hours.

The majority of cases are settled out of court by the parties. This usually means that the defendant will compensate the plaintiff for his/her damages without going to trial.

Yes. In fact, several state bars, have issued favorable ethics opinions regarding the attorney’s ability to refer clients to an institution that will provide contingent funding.

We do not participate in your lawsuit in any way whatsoever. All decisions regarding the case are left to the Plaintiff and his/her attorney.

No. Our profit is figured on the amount of the advance, an applicable return rate and how long the payback period is. Your attorney still receives their entire fee.

Absolutely. In fact, we encourage you to do so.

This depends upon a number of factors including how much money you request, the liability of the third party and the nature of your injuries. After we evaluate the case, we will tailor an offer specific to your needs.

Yes. So long as there is sufficient information in the file for us to make a determination as to the approximate value of the case.

Yes. Most advances are made on a basis of how long the money is "out". Other than the amount of the advance, it is one of the biggest factors in determining the payback obligation. However, some service can be tailor made for specific cases where a flat fee is requested and the duration of the case is no longer a factor.