FAQ

Frequently Asked Questions

Below are some frequently asked questions regarding our legal funding for both attorneys and plaintiffs. We want to make the legal funding experience for both our attorney and their plaintiff clients easy, fast and reliable. It is our goal to keep everything very transparent and our FAQs page helps to answer any and all common questions for both our attorneys and their plaintiff clients. If there are any questions that need further explanation and or you have a specific question not on this webpage, please feel free to contact us directly at 855-855-FUND and one of our account managers will be happy to answer or help you with your question.

You can also email us today to discuss your case and or question that might need further clarification.

Plaintiff FAQ

How do I apply?

Simply call 1-855-855-FUND or fill out the quick online application. A Momentum Funding Account Representative will be in touch with you immediately.

 

Is there an application fee?

No. The application is free.

Momentum tiene alguien que hable en Español?

Si, tenemos representantes que les pueden ayudar en Español.

How much money am I able to receive?

Momentum Funding can fund any amount of money depending on the type of injury and case you have. Your personal Account Representative will walk you through the process and will advise you based on your financial need.

 

How fast can I receive the money?

After we receive all of the information from your attorney, you should receive the funds in less than 24 hours. We have an efficient system for funding that makes sure you are funded quickly. We understand that you have IMMEDIATE financial needs and we are here to help.

 

How do I pay Momentum Funding back?

Your attorney will pay Momentum Funding out of the proceeds of your settlement ONLY if your case settles. If your case is lost you do NOT repay Momentum Funding.

 

Is this confidential?

Yes, we do not contact the insurance company and need minimal documents to fund your case.

 

Do I need good credit to obtain funding?

No, your credit score does not matter to obtain funds.

 

Is this a loan?

No,generally Momentum Funding purchases an interest in the potential settlement money of a plaintiff’s case. If the case is lost, you do not owe Momentum Funding any money.

Some states do treat the funding as a loan. Momentum Funding LLC is also licensed to make limited recourse loans in the State of Illinois under the Consumer Installment Loan Act, License Number CI 4050. Momentum is licensed to make loans by the State of Missouri Division of Finance as a Consumer Credit Loan Company, License Number 367-17-7639 

Click here for the Missouri Maximum Rate Disclosure and License.

Attorney FAQ

Why Momentum Funding?

You will be working with the most experienced legal funding experts who were pioneers in the industry. You will have access to an in-house attorney to answer any questions you may have about the funding or the process.

Will Momentum be involved in the case?

No, Momentum Funding will not get involved with your client’s case. Momentum does not give legal advice.

 

How much information do you need?

We need minimal information about your client’s case in order to fund it. We know your time is valuable and we will be able to get the information we need very quickly in order to make a decision about how much to fund your client.

 

Who at Momentum will speak with a plaintiff?

Unlike large legal funding companies, Momentum offers a more personalized approach. We will make sure a plaintiff speaks with an experienced Account Manager who assists the plaintiff through the entire funding process. Each plaintiff will also have access to one of Momentum Funding’s experienced in-house attorneys.

How do I repay Momentum Funding?

Simply email us at payment@momentumfunding.com or call us at 1-855-855-FUND (3863) and we will quickly let you know the amount owed.  Momentum Funding provides conservative funding decisions on the front end in order to save unnecessary time and hassle on the back end.

 

Is this a loan?

No, generally Momentum Funding purchases an interest in the potential proceeds of your client’s case. If the case is lost, your client does not owe Momentum Funding any money.

Some states do treat the funding as a loan. Momentum Funding LLC is also licensed to make limited recourse loans in the State of Illinois under the Consumer Installment Loan Act, License Number CI 4050. Momentum is licensed to make loans by the State of Missouri Division of Finance as a Consumer Credit Loan Company, License Number 367-17-7639  

Click here for the Missouri Maximum Rate Disclosure and License.

Still have questions? Call us at 1-855-855-FUND (3863)

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