Common Questions Clients Frequently Ask When Partnering With Us

We recognize that seeking legal representation can lead to many questions. Here are some of the most common inquiries to assist you.

To be eligible for compensation, claimants must meet the criteria outlined by U.S. guidelines. These guidelines detail all the factors that must be considered to assess a claim's eligibility and the potential compensation amount. The specific type of compensation available may vary depending on the nature of the claims.

Regarding payment, it is crucial to first clarify the type of compensation being sought. Once this is established, we can discuss any associated costs. In most cases, the company will cover your compensation.

Generally, there are no strict time limits for making a claim; however, some circumstances may affect your ability to do so. Occasionally, a cut-off deadline may be imposed, and if this impacts your claim, we will inform you accordingly.

“In default” refers to a situation where a company has ceased trading and is unable to fulfill any monetary claims. If this occurs, we will thoroughly assess the situation and establish the relevant facts before proceeding.

The duration of your case depends on multiple factors, including the time it takes to obtain information from third parties over which we have no control. Initially, we will provide you with approximate timelines based on the specifics of your case.

Processing a claim involves various factors, such as gathering data, conducting research, and engaging with third parties. All necessary documentation must comply with industry guidelines and be filed accordingly. Once everything is complete, we typically aim to process claims within five working days. If you are experiencing financial difficulties, iCap Law LLP will make every effort to expedite the process.

If you are facing financial challenges and require swift processing of your claim, we will prioritize your case and work diligently to expedite the process.

Financial loss refers to the losses incurred when filing for compensation due to prior interactions with authorized or unauthorized financial services companies. When assessing your claim, we will consider the financial situation you would be in had you not made the investment.

No, as long as the transactions comply with U.S. regulatory bodies and meet the necessary requirements.

iCap Law LLP operates as a fund of last resort, meaning we can only consider cases that cannot be funded by other sources. If the firm in question is no longer trading, it is unlikely that we will be able to assist claimants, even if the firm possesses assets to cover your claim. In such instances, you should contact the company directly; if you cannot locate them, we will help you in your search. Additionally, you may want to reach out to the Citizens Advice Bureau for further assistance.