FAQs

Entering into litigation funding with AdvoFin or participating in one of our collective actions is cost-free and risk-free for you! AdvoFin finances the costs of the proceedings (both in and out of court) and, in the event of success, receives a share of the proceeds as compensation for assuming the litigation risk.

Certainly. Following your contact and submission of the required documents, AdvoFin’s staff will review your claims free of charge and directly discuss the possible next steps with you.

As a rule, you retain your claims. AdvoFin acts solely as a litigation funder. The proceedings are conducted by an attorney authorized by you.

This varies greatly from case to case and depends on the complexity of the case as well as the opposing party’s willingness to resolve it. AdvoFin would be unprofessional to make a blanket statement.

No. Depending on the case, individual lawsuits (as test cases) or a multitude of lawsuits are filed. AdvoFin naturally bears the cost risk.

AdvoFin does not file lawsuits itself. Any potential legal action will be conducted by the attorney you commission.

No. AdvoFin bears the cost risk entirely. You incur no costs or risks as a result.

AdvoFin reviews and finances individual cases with a claim value of €1 million or more. You are welcome to submit your inquiry here.

Our clients regularly receive information about their proceedings via email or post. Furthermore, you can stay informed in our news sections and on our social media channels.

Participation in projects managed by AdvoFin is possible regardless of the amount of your damages. Individual financing inquiries for individual claims are reviewed from a claim amount of €1 million.

The required documents are highly case-dependent and can be found in the respective registration forms for each project. Our employees will contact you if the submitted documents are incomplete or if further documents are required.

No. It is AdvoFin’s business principle to work independently and across legal counsel. AdvoFin makes independent decisions regarding financing offers and is not influenced by powerful opponents or case-specific constraints.

This is case-dependent. However, the share typically amounts to 25% – 37% of the proceeds obtained for the client.

Yes. An out-of-court settlement with the opposing party is also conceivable and has been achieved multiple times through out-of-court compromises.

The current list of eligible casino providers can be found directly on the information page for the procedure.

The lawyers commissioned by AdvoFin will reclaim for you the payments you made to the casino providers, reduced by any payouts (winnings) received.

No, this is not possible.

Yes, certainly.

This is not to be expected. Current jurisprudence in Austria exclusively states that the offering of online casino games without an Austrian license is prohibited and can consequently entail legal consequences.

Nothing! You register with us, and we will guide you through the entire process.

Please note: Losses incurred after registering for our collective actions can nicht be considered within the scope of the collective action, or further gambling activity after your registration for the collective action may lead to exclusion from the collective action.

The collective action aims to reclaim your deposited amounts, reduced by any payouts (winnings) received.

However, if a net profit was made at a casino (payouts > deposits), then proceeding within our collective action is not possible.

Participation is possible with a net gambling loss (deposits – payouts) of EUR 1,000 (with one provider). Payments from January 1, 2000 can be considered within the scope of the collective action. Payments made before this period cannot currently be included.

NO! Participation in our collective action is free of charge and risk-free for you! AdvoFin finances the costs of the procedure (both in and out of court) and, in case of success, receives a share of the proceeds as compensation.

In the event of a loss, AdvoFin naturally bears all costs.

In case of success, for assuming the litigation risk and financing all costs, we receive a participation rate of 37% of the litigation proceeds. In the event of an out-of-court settlement (before filing a lawsuit), the participation rate is reduced to just 19%.

Certainly. Following your online registration on our website and the upload of the required documents, AdvoFin’s team will review your claims free of charge and discuss the next steps directly with you.

This varies greatly from case to case and depends on the complexity of the case as well as the opposing party’s willingness to resolve it. AdvoFin would be unprofessional to make a blanket statement.

AdvoFin does not file lawsuits itself. Any potential lawsuit will be conducted by the lawyer you commission on your behalf.

Participation in our collective action will, of course, be treated with strict confidentiality.

The current list of possible casino providers can be found directly on the information page on the procedure.

The lawyers commissioned by AdvoFin will reclaim for you the payments you made to the casino + sports betting providers, reduced by the payouts received (winnings).

Yes, certainly.

This is not to be expected. Current legal rulings in Germany state that offering online casino games without a German license is prohibited and can consequently lead to legal consequences.

We require clear proof of payments made to the respective online casino providers from you (this is possible from January 1, 2015 onwards). This can be in the form of account statements directly from the online casinos (deposit and withdrawal statistics) – these can be downloaded or requested from the respective providers.

The documents must be uploaded in digital format (ideally PDF format) as part of the registration process on our homepage.

Please note: Losses incurred after registering with AdvoFin cannot be considered as part of the claim enforcement.Alternatively, further gaming activity after your registration with AdvoFin may lead to exclusion from litigation funding.

The claim enforcement aims at reclaiming your deposited amounts, reduced by received payouts (winnings).

However, if a net profit was achieved with a provider (payouts received > deposits), proceeding within the scope of our offer is not possible.

Participation is possible from a net gaming loss (deposits – withdrawals) of EUR 10,000 (with one provider). In this context, payments from January 1, 2015, can be considered as part of the claim enforcement. Deposits made before this period cannot currently be included.

NO! Litigation funding with AdvoFin is free of charge and risk-free for you! AdvoFin finances the costs of the procedure (both in and out of court) and, in case of success, receives a share of the proceeds as compensation.

In the event of a loss, AdvoFin naturally bears all costs.

In case of success, for assuming the litigation risk and financing all costs, we receive a participation rate of 37% of the litigation proceeds.

Certainly. AdvoFin’s team will assess your claims free of charge and clarify the next steps directly with you.

This varies greatly from case to case and depends on the complexity of the case as well as the opposing party’s willingness to resolve it. AdvoFin would be unprofessional to make a blanket statement.

Yes. Based on the experience gained, after a positive review of your claim and conclusion of the litigation funding agreement, a (single) lawsuit will be promptly filed to enforce your claim.

AdvoFin does not file lawsuits itself. Any potential lawsuit will be conducted by the lawyer you commission on your behalf.

Litigation funding with AdvoFin is naturally treated with strict confidentiality.

In a recent ruling, the Supreme Court held that all additional costs (fees) are unlawful if no adequate service is provided in return.

Although the ruling referred to the service fee charged by gyms, the cooperating lawyers of AdvoFin are, after intensive legal review, convinced that the service fee of mobile and fixed-line internet providers is also unlawful.

Therefore, a recovery with AdvoFin is possible.

Yes. Currently, we only offer litigation funding for the recovery of the service fee for active contractual relationships (active throughout the entire recovery process) in which a service fee is also charged.

All service fees that were charged to you by your mobile and fixed-line internet providers.

The period for which recovery is possible is currently being clarified in court.

For recoveries against Magenta – for this provider, we offer litigation funding for recovery (for both mobile and fixed-line internet connections).

For A1 + 3, the enforcement of claims for recovery is very unlikely due to officially approved tariff regulations. Therefore, AdvoFin has decided, after out-of-court settlement of existing claims, not to support any further claims against A1 + 3.

You simply register directly on our homepage in 2 quick steps for litigation funding.

After completing the registration, our team will contact you. No documents need to be submitted during registration.

You can pursue the recovery without any cost risk. As a litigation funder, AdvoFin finances all costs of the recovery (out-of-court as well as in court, and also in case of loss) and only receives a commission of 34% of the amount recovered for you in case of success.

If success is achieved even before a lawsuit is filed, AdvoFin will only receive 19% of the proceeds.

This depends on when you concluded a mobile or fixed-line internet contract and how high the fee is/was. An amount of up to €300 per concluded contract is possible!

We will determine your individual recovery amount for you after you register with us.

Certainly. After your online registration on our website, AdvoFin’s staff will review your claims free of charge and discuss the next steps with you.

Making a blanket statement about the duration of the recovery would currently be unprofessional on AdvoFin’s part.

However, based on our experience from over 20 collective proceedings, a duration of at least 2-3 years can be expected.

AdvoFin does not file lawsuits itself. Any potential lawsuit will be conducted by the lawyer you commission on your behalf.

It is intended that model lawsuits will be conducted, on the basis of which a recovery for your individual claim is also to be achieved. Therefore, no lawsuit will be filed for you in the medium term, and you will not have to appear in court.

The current list of eligible games can be found directly on the procedure information page.

The appointed lawyers will reclaim for you the payments you spent on purchasing loot boxes.

This is not to be expected.

Nothing! You register with us, and we will guide you through the entire process.

Participation is possible from payments for loot boxes of EUR 3,000 (in one game).

NO! The claim is cost-free and risk-free for you! AdvoFin finances the costs of the procedure (both in and out of court) and, in case of success, receives a share of the proceeds as compensation.

In the event of a loss, AdvoFin naturally bears all costs.

In case of success, for assuming the litigation risk and financing all costs, we receive a participation rate of 37% of the litigation proceeds.

Certainly. After your online registration on our website, AdvoFin’s employees will review your claims free of charge and clarify the next steps directly with you.

This varies greatly from case to case and depends on the complexity of the case as well as the opposing party’s willingness to resolve it. AdvoFin would be unprofessional to make a blanket statement.

AdvoFin does not file lawsuits itself. Any potential lawsuit will be conducted by the lawyer you commission on your behalf.

Participation in our litigation funding offer will naturally be treated with strict confidentiality.