What is Pre-Settlement Lawsuit Funding?
Pre-Settlement Funding is a cash advance against an expected settlement of a lawsuit. In other words, the advance is made before your case settles. Some people refer to what we do as a “lawsuit loan”. However, unlike a loan there are no monthly payments, and you owe nothing if the lawsuit is lost. Therefore, what we do should be thought of as a “lawsuit cash advance” rather than a “lawsuit loan”. back to top of page • Do I need to have filed a lawsuit to use your service? Maybe. Filing a lawsuit implies that you are getting ready to take your case to trial. Most cases never go to trial. It will depend on the case type whether a lawsuit should have been filed before utilizing our service. For example, for an auto accident case it is not necessary to have filed a lawsuit if the case can be resolved via negotiation. If settlement negotiations fail, then a lawsuit will be filed. Employment and medical malpractice cases usually require that a lawsuit has been filed and a complaint document
