Pre-settlement funding is when a company provides you with money upfront in exchange for a portion of your expected future settlement proceeds. Then, once your case is settled, the company receives the portion they is a website that offers funding options for lawsuit plaintiffs awaiting settlement proceeds. Rather than a loan, think of this financial product as a cash advance for vicitms in the midst of a personal injury or workers comp claim; since, this is a better representation of what it actually is a Pre-Settlement Loan? Despite its name, a pre-settlement loan is not a traditional loan, such as a cash advance or personal loan. You aren’t borrowing money from a lender that must be later repaid with interest over time. Pre-settlement loans are also known as pre-settlement funding or lawsuit advances; they are not loans, but rather lawsuit funding is also known as a lawsuit loan, but despite the word “loan,” it is not a loan. A pre-settlement advance is a risk-free cash advance based on an expected court resolution or …Pre-settlement funding helps you get a cash advance to pay your bills while you're waiting for your lawsuit to settle. The civil litigation process can take a long time. Before your case is settled, you can get the cash you need through pre-settlement loans until you get the money you expect to receive from a claim settlement.
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