• » For Plaintiffs
• » For Attorneys

FAQs for Plaintiffs

1. Do I have to pay back if the case is lost?
   No, this is a non-recourse advance. The only security for repayment is a future recovery in the lawsuit. If there is no recovery the advance is discharged (see Medical & Surgical Funding).
2. Why is the interest rate higher than a bank loan?
   A bank loan requires good credit and a personal obligation to repay. CFG’s advance is against a future recovery and its contingent on the recovery only. There is much a greater risk of CFG losing both principle and interest in the event of no recovery. Accordingly, the interest rate is set with this risk in mind.
3. When I am approved, do I have to take all the money at once?
   No, CFG can set up a payment plan where you can receive installments over a period of time. Interest will only accrue from the day of each individual advance.
4. Will CFG advance money for medical, surgical, or hospital care?
   Yes, CFG has a program for a client who has no medical insurance. You can obtain needed surgery by CFG paying the health service providers directly at a preferred billing rate (*See Medical & Surgical Funding)
5. Are there any upfront fees?
   No, there are no upfront fees. An application fee will be collected at the conclusion of the lawsuit.
6. How long will the funding process take?
   Once we receive all the documents necessary to evaluate your case from your attorney, a check may be issued within the next 24-48 hours!
7. What can I use the money for?
   Your may use the money for treatment, living expenses, or personal use. However, we do not encourage or endorse the use of these funds for any illegal purposes.
8. Can I feel secure that my information is kept confidential?
   YES! We only use the information you provide us with for the purposes of evaluation of the case for funding. Any information will only be disclosed with your or your attorney’s approval, the direction of the court or a subpoena.
9. Are there minimum and maximum required funding amounts?
   No, there are no maximum amounts as to how much we may fund your case. This amount depends on the strength of the case. We currently have a $500 minimum amount we fund.
10. What if I have a previous outstanding funding lien with a different company?
    Most of the time, if the case is approved for funding by us, we will buy out the previous lien holder (previous funding company) by paying it the entire amount owed by you, and become the new lien holder (this is often done due to higher interest rates at other companies, or the other company is no longer willing to fund your case any further).