Frequently Asked Questions About Pegasus Legal Funding
1. Does my case qualify for a cash advance?
If you have a solid personal injury case, you will more than likely qualify for a lawsuit cash advance. We fund almost all types of personal injury cases including slip/trip and falls, automobile accidents, and work-related accidents. Call our office today and we can let you know if your case qualifies within 24 hours.
2. Do I have to pay back the advance I received if there is no monetary recovery on my case?
No! Our advances are non-recourse, meaning if you lose your case you keep the money and owe us nothing!
3. How fast is the approval process?
Although many companies advertise a “24 hour review and approval process” we actually deliver on that promise. In some instances, we can render our decision within 4-6 hours after we receive the required information from you and your lawyer.
4. Are there any out-of-pocket fees?
No! You do not pay anything at all until you have received your settlement. If you do not receive a settlement, you keep the money from the cash advance and owe us nothing! There are no hidden fees or costs. We charge only minimal processing fees that will be included in your funding contract.
5. Are there any Broker or third party fees?
No, none at all! Pegasus Legal Funding is a direct funder, the funds you receive will come directly from Pegasus Funding. There are no Broker fees that you will need to pay. As a smart consumer you’ve researched several other funding companies, so you can ask what company name will be on the check for your lawsuit cash. Ours will be Pegasus Funding.
6. Will my information be kept confidential?
Yes! We keep all personal information provided to us by our clients or their attorneys confidential unless the attorney or client provides express written consent for disclosure or the information is required by court order.
7. Is this cash advance a loan? Are you extending me credit? Does it go on my credit report?
No, no and no. We share the risk of recovery from your lawsuit, so this transaction is just a cash advance, not a loan. Because it is not a loan, we are not extending you credit and the transaction will not appear on your credit report.
8. What if I already have an outstanding funding lien with a different company?
No problem! Pegasus Legal Funding can often provide legal funding even if a personal injury victim has already accepted funding for their lawsuit from another company. Pegasus Legal Funding can buy the cash advance from the other funding company. Then, you can work exclusively with Pegasus Legal Funding on your prior lawsuit cash advance and can also receive additional legal funds at Pegasus Legal Funding’s low interest rates.
9. How much funding can I receive?
Funding decisions are made on a case-by-case basis depending on the particular facts and circumstances of your case.
10. Will Pegasus check my Credit History or conduct Employment Verification?
No! Our cash advances are issued against a portion of your future settlement and our decision to provide you with that advance depends solely on the strength of your case.
11. Do we pay for medical, surgical or hospital care?
Yes! If your no-fault benefits or insurance coverage has been denied and you are in need of immediate medical treatment, we can help you get the medical treatment you need. We have designed a special program that will pay the healthcare providers directly for any type of treatment. We work with the best surgeons, doctors, and hospitals, and will negotiate for the lowest possible prices for your treatment. If your treating physician recommends surgery please do not delay, contact us now to see if your case qualifies for surgery funding. Read about the scope of Pegasus Legal Funding services.
Cash in 24 Hours – Pre-Settlement Funding – No Credit Check Neccessary – Best Price Guarantee – Cash Now