Frequently Asked Questions

Q: How much will I repay?

A: If you lose, you don’t have to pay us back.

  • Our share of the case’s potential proceeds varies according to several factors.
  • Pay nothing out of pocket—payment comes out of the award or settlement amount.
  • Owe nothing if you don’t win your case.

Q: Is this a loan?

A: No, pre settlement funding is not a loan. Unlike a payday and car title loan, repayment is not required or expected if you lose the case. In other words, you keep the money for free if your lawsuit falls through. Nova Legal Funding sometimes uses the term ‘loan’ to help consumers better familiarize with this new form of financing.

Q: How much can I get?

A: Funding ranges from $1,000 to $100,000 depending on the value of your case. The higher value your case, the more money you can take out. As a general rule of thumb, we can advance roughly 20% of your cases’ total potential value. We set this restriction to make sure you’re left with the most amount of money when, and if, your case is finalized. Besides expected case value, the dollar amount you qualify for will vary based on the following other factors:

  • Extent of your damages
  • Severity of your injuries
  • Prior lawsuit funding
  • Strength of your case

Q: How am I protected?

A: Your attorney will review and sign the same funding agreement you’re signing with us. We also abide by a code of ethics that requires to fund conservatively at the lowest rates possible.

Q: Does my case type qualify?

A: We fund all types of lawsuits, from personal injury to medical malpractice, employment law and commercial litigation. If you’re still not sure, don’t hesitate to give us a call at (470) 582-9404 or fax (470) 582-9424 to discuss your options.

Q: Which states do you serve?

A: Currently Lifeline services the state of Georgia

Q: How will I get paid?

A: We transfer our clients funding in a variety of ways, including: money wire, direct deposit, Western Union, and next-day FedEx air.

Q: Will I need to pass a credit check?

A: LifeLine will not review your credit history when determining whether to fund your pre-settlement. Our underwriting team will evaluate your case to determine its estimated value. If we believe that your lawsuit will secure a settlement or jury award, we will approve funding.

Q: What happens when my case settles?

A: The funded amount including all interest will be deducted from your winning settlement amount. This is why we cap our funding at 20%, so you can enjoy your deserved settlement.

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