You can get an advance on your settlement check through pre-settlement lawsuit funding. Depending on your individual circumstances and the laws in your state, you (the plaintiff) may be eligible for pre-settlement funding based on the expected settlement amount. For instance, if your lawyer estimates a potential settlement of $200,000 for your case, you could qualify for pre-settlement funding that aligns with this estimate.
At Mustang Litigation Funding, we provide best-in-class capital solutions for law firms, plaintiffs, litigation vendors, and other legal assets. Our innovative and flexible litigation funding solutions ensure that no one is denied their right to a fair legal battle due to financial constraints. Contact us today to learn more.
How Does Pre-Settlement Funding Work?
Pre-settlement funding is a disbursement of money paid to a plaintiff in anticipation of a future verdict or settlement. Essentially, we buy a portion of your future court award or settlement to be paid when your case concludes. The rate and other fees associated with your advance can vary based on the strength of your lawsuit.
The ability to access cash quickly is good news for plaintiffs who feel pressured to settle their cases quickly for bills and other expenses. A rushed settlement often means less compensation than you might have received if you gave your case more time to settle the right way.
How Much Can I Borrow Against My Pending Lawsuit?
The amount you can borrow depends on the strength of your case and its estimated settlement value. If you need additional funds as your case progresses, you may be eligible for more than one advance.
At Mustang Funding, our internal team evaluates the strength of your claim and determines an appropriate monetary figure. After consulting with your attorney, we will base our final decision on whether we believe you will win compensation and how much you are likely to receive. We also work with you to arrive at a funding arrangement that is reasonable and won’t lead to overborrowing so you can protect your future settlement.
Why Choose Pre-Settlement Funding?
Legal proceedings can be long and drawn out. It can take months or even years for a plaintiff to receive compensation. A lawsuit advance gives you some breathing room to negotiate a higher settlement so you don’t feel the urgency to settle quickly to keep up with your financial obligations. You can use this money for things like medical bills, rent, mortgage payments, and other living expenses.
What is the Application Process for Pre-Settlement Funding?
The application process is simple and straightforward. Complete and submit a no-risk online application with Mustang Litigation Funding. There is no credit check for this type of legal financing. One of our team members will promptly assist you after submitting your application. After reviewing your case details with your attorney, we can approve your funding request and have the funds transferred to you in as little as 24–48 hours.
Apply for Pre-Settlement Funding with Mustang Funding
Mustang’s pioneering spirit and commitment to innovation make us a trailblazer in the legal asset industry, offering a unique blend of experience, vision, and inclusivity to our valued clients. Our flexible litigation funding solutions ensure that no one is denied their right to a fair legal battle due to financial constraints.
To learn more about how pre-settlement funding works, explore our ultimate guide to pre-settlement funding.
