Settling a lawsuit is almost always a stressful situation – especially when you consider it can take months or even years to actually get paid. That’s where Millennium Funding can help.
We offer funding solutions that ensure you don’t have to wait to get the money you need to support your family. This reduces the pressure on both you and your attorney to settle too early, for too little.
How Does Lawsuit Funding Work?
Millennium Funding invests in the future value of your case, offering a no-risk, non-recourse cash advance. Non-recourse simply means that if you lose your case, then you owe us nothing. Plus, there are no credit checks, employment requirements or monthly payments.
What Types of Cases Can Be Funded?
There are many different types of cases that Millennium Funding is able to fund, including:
- Motor Vehicle Accidents
- Premises/Product Liability
- Slips and Falls
- Construction Accidents
- Medical Malpractice
What is Millennium Funding’s Lawsuit Funding Process?
- After we have spoken with you, we will contact your attorney to request the necessary case documentation.
- After the required information is received, you will be contacted to discuss your funding needs and the terms of our agreement. Your attorney will then be faxed an agreement to sign.
- The funds will be wire transferred directly to your account. Your attorney will be asked to provide our staff with periodic updates as the case proceeds.
- When your case is settled, your lawyer will pay Millennium Funding directly out of the settlement proceeds.
Frequently Asked Questions
Looking for more information on our lawsuit funding process? Here are some of the questions we are asked most frequently.
If you have been injured as a result of an accident, medical malpractice or premises/product liability and are represented by an attorney, you may be eligible for our services.
In most cases, the process takes a few days to a week to complete. Once approved, we can advance your funds within 24 hours.
Instead of loaning you money, Millennium Funding purchases a small portion of your anticipated recovery. Like yourself and your attorney, we take the risk of a successful resolution.
There is no recourse against you and we will not try to collect the money from you. Once we advance cash it is yours to keep.
This depends upon the nature of your injuries, the liability of the defendant, and numerous other factors. Once we evaluate your case, we'll tailor an offer specific to your needs.
We typically make advances from $500 to $50,000, limiting the funding to 10% of the projected case value.
If there is sufficient information in the file for us to make a determination as to the approximate value of the case.
Yes, in fact, we encourage you to do so. We work as an advocate for you and your attorney and believe that our service provides the appropriate time to reach the most successful resolution of your case.
We do not interfere with your attorney's handling of the case. Our only involvement is to initially review your attorney's file so we can evaluate the claim. We have no influence on you, your attorney, or the defendant.
Millennium's prices are some of the most competitive in the industry. Our fees and interest are only paid if you win your case and are due and paid, by your attorney, when you receive your settlement or award.
Remember, if you lose, you owe Millennium nothing.
Need more information? Please give us a call at 888-652-8298.