Looking to raise capital for your law firm?

Park your trust with us.

Attorney / Law Firm Funding

Borrowing Power from $50,000 up to $15,000,000.

The maximum credit line is based upon the total value of your contingent case portfolio, not personal assets. This amount is determined by you and our staff attorneys, all of whom have substantial experience in contingent fee litigation.

Effectively Interest-Free Loans to Your Law Firm

Loan interest is 100% tax deductible as a “neces­sary and ordinary” business expense. Also, in most states, financing charges on behalf of client expenses can be charged back to the client.

Use the Proceeds for Any Business Purpose

The working capital credit line can be used for all business related expenses, such as case costs, expert witnesses, additional staff, advertising and other office, case, or trial-related expenses.

We Do What Banks Can’t

If your law firm needs a loan, banks are always a good place to start. Your choice is to accept substantially less money from the bank or pledge personal assets to obtain a larger loan. Banks can’t loan against contingent fees.

Park Settlement understands that contingent litigation makes great collateral.

Obtaining the Loan Is Quick And Easy

We know you’re busy. That’s why we provide hassle-free litigation lending, without the tedious and time consuming restrictions of banks and other financial lending institutions. There is no complicated paperwork or lengthy credit processing. Our goal is to create loans that make sense to your law firm and allow stress-free short and long term financial planning.

(888) 221-1193

We provide attorney loans for virtually every kind of contingent fee case, including:

 

  • Class Actions
  • Fen-phen
  • Mass Tort
  • Patent Claims
  • Motor Vehicle Injury
  • Breach of Contract
  • Medical Malpractice
  • Fraud
  • Product Liability
  • Securities Fraud

Expedited Application Process

Park Settlement has appointed a team of legal specialists to personally assist you and can provide credit lines in as little as 5 days.

Ethical Considerations

We are particularly sensitive to the needs of attorneys to assure compliance with all Rules of Professional Conduct and the Canons of Ethics.

Our procedures are designed to maintain the strictest adherence to the rules of client confidentiality and case control. While ethical rulings vary from state to state, we invite your attorneys to request further information from us concerning ethics opinions in their particular jurisdiction of practice.

Give Park Settlement a call today and let us get you funded!

(888) 221-1193

Commonly Asked Questions

Q: What is a structured settlement?

A structured settlement is a way injury victims are compensated after the verdict of their case.  Under the settlement, the injury victim does not receive the settlement in one lump sum, but rather will receive periodic payments, over a period of time, customized to meet the future needs of the victim.

Q: Why sell structured settlement payments?

Circumstances change as time goes on.  What was evaluated and determined to be best at one time may no longer be the best resolution at your current situation.  As your needs change, Park Settlement can help you today so you don’t have to wait or struggle until your next payment.

Q: Why do I need court approval to sell structured settlement payments?

First, state laws require court approval to protect the victim selling the payments to verify that the agreement is fair and in the best interest of the client.  Secondly, federal law imposes a large tax on anyone who buys a settlement without court approval.

Q: Can I sell part of my structured settlement?

Park Settlement recommends to only selling a small portion of your settlement, so we can assist in your short term immediate needs.  That said, we do have the ability to purchase your entire settlement if requested.  Speak with your attorney about what would be the best solution for your individual needs.

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