How long will the assessment process take?
Within two working days Redress Solutions will revert to you with a preliminary indication of our interest in funding your claim. If we are happy with what we have already seen and need further information in order to be able to make a firm offer, we will let you know what is required. Once the further information is received by us, we will make an immediate decision.
What information must I provide to you?
A starting point will be any letter of advice received from your solicitors, detailing the basis of your claim or an opinion from counsel to the same effect. We will want to see the main documents involved in your case, particularly if they are mentioned in the letter from your solicitor or the opinion from counsel.
Do you ever lose a case that you have funded, or ever not receive a settlement?
So far, we have managed to settle every case to the satisfaction of our funded parties. This is a high risk business and the outcome of a claim is never guaranteed.
If so, what does that mean for the claimant?
If a case is lost, the claimant receives nothing but the case will have cost the claimant nothing other than the time devoted to providing the necessary information to the claimant’s own legal team.
What if Redress Solutions has funded a claim that has legal costs higher than the
settlement? Will we have to pay you?
No. The worst that can happen is that you walk away receiving nothing but paying nothing.
What is the size of the usual case that you fund?
Any claim value over five hundred thousand pounds.
Would you fund my case if I had already commenced litigation?
Are you lawyers and do you give legal advice?
Our team leaders Marius Nasta and Michael Zuckerman are both qualified lawyers and use their legal skills to assess cases for Redress Solutions to fund. It is important that you understand that we do not give you legal advice. You must rely on your own legal team.
Is litigation funding permitted everywhere, or just in the US and UK?
Many overseas legal systems permit third party litigation funding. Some do not. We will consider that issue on a case by case basis.
Are there any hidden costs that you have not mentioned?
If you have any questions please enter them in the enquiry box below and we will get back to you as soon as possible.