How Long Does It Take for a Settlement Check to Clear in the Bank?
After enduring insurance company negotiations or a lengthy legal battle, it is natural to feel eager to access the settlement funds you have worked hard to secure. However, even once a settlement is agreed upon or a verdict is reached, it can take some time before those funds are available to you. This delay can […]
What Can I Use My Settlement Funding For?
Pre-settlement lawsuit funding, more akin to a cash advance than a traditional loan, is designed to offer quick financial support during the often drawn-out and stressful process of a lawsuit. So, what exactly can you use your settlement funding for? This funding is tailored to meet your unique needs, allowing you to address a wide […]
Why Can’t I Get a Pre-Settlement Loan?
There are many reasons your pre-settlement loan may be denied, including weak evidence in your lawsuit, liability issues, a low expected settlement amount, or your attorney’s reluctance to cooperate. The good news is that one denial is not the end of the story. Even if you have previously been unable to get a pre-settlement loan […]
How Are Settlement Funds Disbursed?
After reaching a settlement, you might wonder how the funds will get to you. Once a settlement is finalized, the funds are disbursed through a series of steps to ensure that all financial obligations are met, and all parties are compensated appropriately. Understanding this disbursement process is important, as it outlines the phases involved in […]
Who Uses Litigation Funding?
Litigation funding, or third-party litigation funding, provides financial resources to plaintiffs engaged in lawsuits, such as personal injury, class action, or workplace discrimination. Litigation funding is also a lifeline for lawyers or law firms. To win cases, contingent-fee attorneys and law firms need strong evidence, compelling arguments–and financial support. Many personal injury attorneys and law […]
What Is the Outlook for Litigation Finance?
According to recent data, the current size of the litigation finance investment market is $17.5 billion. This value is expected to balloon to $67.2 billion by the end of 2037. If today’s trends endure, the litigation finance market should see continued growth, expand to new markets, and provide more flexible cash disbursement options for plaintiffs […]
Things to Consider Before Applying for Pre-Settlement Funding
Waiting for a legal settlement can be stressful, especially if you are struggling to cover everyday expenses. Pre-settlement lawsuit funding can offer a helpful financial boost by giving you access to some of your money upfront. Before you apply for this type of funding, there are some important things to think about to make sure […]
How Does Pre-Settlement Funding Affect My Attorney’s Fees?
If you are considering pre-settlement lawsuit funding, you might be concerned about how it will impact the fees you owe your attorney. Understanding this is key to managing your finances effectively while your case is pending. Pre-settlement funding can offer essential support during this period, but it is important to know how it interacts with […]
What Is Litigation Funding?
Litigation funding is a financial solution that helps individuals and law firms cover the costs of their legal proceedings. By offering critical financial resources to cover daily living expenses, attorney fees, court costs, and more, litigation funding alleviates the immediate financial strain of pursuing a legal case. Litigation funding is less like a traditional loan […]