THE WAY IT WORKS
Read below to see how legal funding via Mayfield Settlement Funding will work for you.
We provide litigation funding, pre-settlement funding, lawsuit loans and personal injury loans against pending personal injury claims, such as, but not limited to, Auto Accidents, Slip and Falls, Premise Liability, Medical Malpractice, Wrongful Death, Worker’s Compensation, Product Liability, General Negligence, Jones Act (Maritime), and FELA (Railroad).
1. YOU HAD AN ACCIDENT
If you suffer from a car accident, medical or pharmaceutical drug malpractice, a work environment personal injury or wrongful loss of life of a loved one – we are here to help. Share Your Story and allow us to start working on your behalf.
2. YOUR LAWYER ACCEPTS YOUR CASE
3. CASE DEVELOPMENT
During the time your attorney works to develop your pending lawsuit, your job is to seek medical treatment for the injuries you suffered because of the accident. Continuing the recommended treatments for your personal injury case can be time-consuming, costly and challenging. Getting the right medical treatment is crucial not only to your health but, allows for the maximum compensation/award on your settlement claim.
4. YOU NEED MONEY
Unforeseen incidents might adversely affect your way of life and have a significant financial toll on your family’s financial situation. It might be hard to pay the bills or pay for your lawyer. This is where Mayfield Settlement Funding comes in to help. We help make life less complicated by offering up front legal funding for your case to help you win!
5. CONTACT MAYFIELD SETTLEMENT FUNDING TODAY
Begin by sharing your case with us, filling out our web based application form. No matter if you have an attorney currently or are an attorney with a qualifying case for lawyer financing, we would like to hear from you.
6. WE REVIEW YOUR APPLICATION
After we get your completed application form, we will call you within 48 business hrs. Should your case meet our requirements, we will then start creating a lawsuit funding contract for you and your attorney to review.
7. YOU AND YOUR LAWYER SIGN THE DOCUMENTS
After your case is accepted, Mayfield Settlement Funding gives important papers to your attorney outlining the specifics of the funding contract. At this point it is critical that the attorney and you are responsive so that we can issue your funds as quickly as possible.
8. WE ADVANCE FUNDS
Mayfield Settlement Funding advances money to both you and your Attorney – sometimes within 24 hrs. Remember, you don’t have to repay the money unless you win – we are in this together and we want your case to settle in your favor. This means absolutely no risk to you should you lose. You simply keep the money advanced by Mayfield Settlement Funding.
9. LAWYER WORKS ON YOUR SETTLEMENT
Allow your Attorney do what they does best – working for you so you can collect a reasonable and fair payment to your case. Now it is their turn to fight your legal battle and win your case.
10. YOUR WIN THE CASE AND RECEIVE YOUR SETTLEMENT
When your case is successfully settled by your attorney, the settlement money will be properly managed to guarantee all stakeholders, included Mayfield Settlement Funding, are appropriately paid as intended. Your attorney will handle this process on your behalf.
11. MAYFIELD SETTLEMENT FUNDING GETS PAID
Services rendered by Mayfield Settlement Funding are not to be considered lawsuit loans. The terminology “loan” and “loans” are not correct legal or financial terminology or definitions describing transactions that provide legal cash advances or legal funding. Loans require repayment, which is unlike legal funding which is non-recourse cash advance. Legal funding only requires payment when the plaintiff receives a monetary award or settlement of their case.