LawMax Ltd. – Lawsuit Funding in Toronto – Ontario – Canada
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Aren’t Lawsuit Cash Advances Expensive?

A lawsuit cash advance is more expensive than a bank loan. However, if you cannot qualify for a bank loan, and you need money to pay critical bills, the additional cost of a lawsuit cash advance is much better than being evicted from your home, having your car repossessed, and ending up homeless on the street. All of these are real possibilities if you are injured in an accident and cannot work!

What If I Cannot Pay Back My Lawsuit Cash Advance?

You do not actually pay back your lawsuit cash advance. Your lawyer does. When you win your lawsuit or reach an out-of-court settlement, your lawyer will pay off your lawsuit cash advance when he or she pays off any other lien holders. If you lose your case at trial, or fail to reach an out-of-court settlement, you owe nothing and the lawsuit cash advance is yours to keep! No kidding!

Use the Proceeds of Your Lawsuit Cash Advance Wisely!

Do not pay off your credit cards, for example. Make just the minimum payment so you stretch out your cash. Pay your rent or mortgage, your utilities, and make the minimum payment on your credit and charge cards. Put whatever is left over in the bank so you can pay next month’s bills!

How Long Will It Take To See Some Cash from My Lawsuit?

In most provinces it takes at least a year – and sometimes 14 to 18 months – for a lawsuit to come to trial. Even if you reach an out-of-court settlement, it can take from six months to a year for your lawyer and the defendant’s lawyers to work out a settlement. Justice is blind. Also slow.

I Think I Have a Claim. How Much With a Personal Injury Lawyer Cost Me?

In the Canadian civil law system – this does not apply to criminal cases, just civil lawsuits – a lawyer will take your case (if he thinks you have a valid claim) on a contingency basis. That is, you pay the lawyer nothing up front. Instead, the lawyer or law firm is paid from the proceeds of your settlement, and only if your lawyer is successful at either going to trial and winning the case or reaching a satisfactory out-of-court settlement. If you need a lawyer, there is a free Lawyer Referral Service at www.freelawyerreferralservice.ca.

We look forward to working with you. Questions?

Call us toll-free at 1-800-666-4509.