Your questions about AdvoFin and litigation financing – answered briefly and concisely.
Concluding litigation financing with AdvoFin or participating in one of our class actions is free of charge and risk for you! AdvoFin finances the costs of the proceedings (in and out of court) and receives a share of the proceeds in the event of success as compensation for assuming the litigation risk.
Naturally. After you contact us and send us the required documents, AdvoFin employees will check your claims free of charge and clarify the next steps with you directly.
As a rule, you retain your claims. AdvoFin only acts as a litigation financier. The proceedings are conducted by a lawyer authorized by you.
This varies greatly from case to case and depends on the complexity of the case and the willingness of the other party to find a solution. It would be unreliable for AdvoFin to make a blanket statement.
No. Depending on the case, individual lawsuits (as model lawsuits) or a large number of lawsuits are filed. AdvoFin bears the cost risk.
AdvoFin does not take legal action itself. Any legal action will be conducted by the lawyer you have appointed.
No. The cost risk is borne entirely by AdvoFin. You will not incur any costs or risks as a result.
AdvoFin examines and finances individual cases from a claim value of € 1 million. You are welcome to send us your inquiry here.
Our customers receive regular information on their procedures by email or mail.
Participation in a project run by AdvoFin is possible regardless of the amount of your claim. Individual financing requests for individual claims are examined from a claim amount of € 1 million.
The required documents are highly case-dependent and can be found in the respective application forms for the individual projects. Our staff will contact you if the documents sent are not complete or if further documents are required.
No. It is AdvoFin’s business principle to work independently and on a cross-lawyer basis. AdvoFin decides freely on financing offers and does not allow itself to be influenced by potent opponents or the constraints of the case.
This depends on the case. However, the participation usually amounts to 25% – 37% of the proceeds generated for the customer.
Yes, an out-of-court settlement with the other party is also conceivable or has already been reached several times as part of out-of-court settlements.
