
Frequently asked questions.
General Legal Funding Questions
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Legal funding is a non-recourse cash advance provided to individuals involved in personal injury lawsuits. It helps cover your expenses while you await a potential settlement. If your case doesn’t win, you owe us nothing.
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No. Legal funding is not considered a loan. It’s a purchase of a portion of your potential settlement. That means we take on the risk—if you don’t recover compensation, you don’t pay us back.
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Unlike traditional loans, there are no monthly payments, no credit checks, and no income verification. Repayment only occurs if and when your case settles successfully.
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If you have an active personal injury case, are represented by an attorney, and are seeking compensation, you may be eligible. We’ll evaluate your case with your attorney to confirm.
Application Process
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You can apply directly on our website in just a few minutes (or click here). Simply complete the form with your personal and case information, and we’ll take it from there.
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Yes. We only provide funding to individuals represented by an attorney. Your attorney plays a key role in verifying case details and coordinating repayment after settlement.
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Not at all. We do not run credit checks, so your credit score is never affected.
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Most applications are approved within 24 business hours after we receive the necessary information from you and your attorney.
Case and Repayment Details
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Funding amounts are based on the strength and estimated value of your case. We typically advance 10-20% of your expected settlement, though this can vary.
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Repayment happens only when your case settles. The amount owed is deducted from your settlement and paid directly by your attorney.
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We understand legal cases can take time. Our repayment terms are clearly outlined up front, and we never pressure early repayment. We typically set a repayment cap on our advances to ensure the total amount owed remains fair and manageable, regardless of how long your case takes to resolve.
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If there is no recovery from your case, you owe us nothing. That’s the non-recourse nature of legal funding.
Fees and Rates
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No. We believe in full transparency. All terms, including repayment amounts and any applicable fees, are clearly disclosed before you sign.
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Repayment is calculated based on the amount funded and a fixed rate outlined in your agreement. The longer your case takes to settle, the more your repayment amount may grow—up to a capped amount, if applicable.
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Never. There are no out-of-pocket or upfront fees. Everything is deducted from your final settlement.
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Yes. Early repayment is allowed. Depending on your agreement, it may result in a lower total repayment amount.
Working With Summit Legal Funding
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We prioritize trust, speed, and fairness. We’re relationship-driven and committed to making the process as clear, compassionate, and efficient as possible.
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Yes. We coordinate directly with your legal team to review your case, verify details, and ensure everything is handled seamlessly.
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In many cases, yes. If your case progresses and warrants additional support, you may be eligible for a second round of funding.
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We fund a wide range of personal injury cases, including auto accidents, slip-and-falls, workplace injuries, and more. Reach out to see if your case qualifies.