What Is the Difference Between Pre-Settlement Funding and Post-Settlement Funding?
Pre-settlement lawsuit funding provides financial support to plaintiffs while their lawsuit is still ongoing, helping cover living expenses, medical bills, or legal costs before a settlement or verdict is reached. In contrast, post-settlement funding occurs after a case has been resolved but before the plaintiff receives their payout, offering immediate access to a portion of […]
What Happens If I Lose My Case After Receiving Pre-Settlement Funding?
If you lose your case after receiving pre-settlement lawsuit funding, you typically do not have to repay the funds, as pre-settlement funding is non-recourse. This means the funding company absorbs the risk and only recovers its investment if you win or receive a settlement. Unlike traditional loans, pre-settlement advances are not dependent on credit scores […]
Is Getting a Cash Advance on Your Lawsuit Right for You?
If you are a plaintiff in a personal injury claim or other legal case, a cash advance on your lawsuit can give you money in a matter of days, as opposed to waiting months (or even years) for your case to resolve. If your case is promising, and bills are piling up, this might be […]
How to Compare Pre-Settlement Funding Companies
Before choosing a pre-settlement funding lender, verify that they are licensed to operate in your state and have a proven track record in the industry—experience matters. A reliable lender will also be transparent about all fees and charges, ensuring no hidden costs. If you have questions about pre-settlement funding, make sure they are answered to […]
How Do Plaintiffs Benefit from Pre-Settlement Legal Funding?
Plaintiffs benefit from pre-settlement lawsuit funding by gaining immediate financial relief while their lawsuit is still pending, without waiting months or years for a settlement. If you’re recovering from serious injuries, you may not be able to work, and that loss of income often creates financial instability. Beyond the immediate physical pain and emotional distress, […]