Here is Some Common Questions About litigation Funding
What is litigation funding?
At its most basic level, litigation funding is the practice where a third party unrelated to the lawsuit provides capital to a petitioner involved in litigation in return for a portion of any financial recovery from the lawsuit.
Who is advok8.in?
Advok8 is a team of professionals, with experience in litigation, finance and technology. You can learn more about us.
How do I apply for litigation Funding?
To apply for your case, you can just click on litigation funding on home page and fill in the required details.
How much does it cost to apply for litigation funding?
There is no cost to apply for funding, only if you win your case is repayment deducted from your recovery. Advok8.in funding varies from case to case, depending on your case details and our risk assessment outputs. Apply now to get a rate!
Are there cases that advok8.in does not fund?
Yes, we don’t fund criminal cases for now. Undoubtedly, we also don’t fund cases which involve unlawful subject and unlawful consideration.
Will information about my case remain confidential?
I submit a case, what happens next?
When you fill out the brief application form, we review your litigation history and run your case against millions of cases we’ve assembled in our database. We also perform underwriting process to determine the cost. During the assessment, we determine whether we are able to approve your case for financing.
Does advok8.in receive any control over litigation strategy?
No, advok8.in does not receive any rights to manage or interfere with the prosecution of the case.
How do repayments work?
It’s hassle-free. When your case settles or results in a judgment, the proceeds will be routed to your repayments.
What happens once the case is funded?
Once the case is funded, advok8.in will cover legal costs associated with your court case. Other than instructing your lawyer to provide periodic information updates on the progress of the lawsuit, you do not need to do anything else.
Is information I provide to advok8.in discoverable?
Advok8.in is a passive investor, which means we do not affect the lawyers-client privilege or put lawyer work product at risk.
Here is Some Common Questions About Legisl8 & Case Tracking
Is creating and maintaining profile on advok8.in free?
Yes, it is free and available to all legal professionals.
Does advok8.in charge from lawyers or clients for any appointments?
No, currently it is free for all.
Do I need to pay for managing calendar and appointment through advok8.in platform?
No, it is free for all and you can manage your appointments and calendar for free.
How can I use case tracking?
You just need to create your profile on advok8.in and add your case details to start getting all case related details as in when it gets updated on court website.
How can I use LEGISL8 platform?
You just need to create your profile on advok8.in and start participating in LEGISL8 forum.
Is LEGISL8 platform free?
SYes, using LEGISL8 platform is free for both, clients and lawyers. Even law student can create profile and learn best practice.
What kind of answers are expected for questions asked in the free Public Q/A part of LEGISL8?
We do understand that an accurate opinion may not be possible without detailed consultation. Therefore, desirable answers should put the problem in the right perspective and steer the clients towards appropriate action.