Considering Lawsuit Funding?
If you are injured in an accident or are involved in some
other type of lawsuit, you may be in need of money now,
rather than having to wait until the lawsuit settles. You
might look into lawsuit funding - in which you can be
advanced money from your future settlement payment.
Lawsuit funding is an option for you if you are struggling
with your finances while waiting for a lawsuit to pay out,
or waiting for your insurance to pay. Lawsuit funding
may be advanced for lawsuits that have settled but not yet
paid out, or for lawsuits that are pending and not yet
settled, or for insurance payments you are waiting for.
Lawsuit funding is a fast option - faster than getting a
conventional bank loan - often paid in 1-5 days (depending on your case
specifics); settled cases can often be advanced in 24
Lawsuit funding is immediately affordable - no money
is required up front - the advance and the fees are paid
back out of your settlement payment.
Lawsuit funding puts no monthly payment pressure on
you. This is not a conventional loan. It is advance funding on which the
collateral relies on your settlement payment.
Lawsuit funding is at no risk to you - if your case
doesn't win, you do not have to pay anything back. The
funder assumes all risk, and prior to giving an advance,
due diligence is done to make sure your case is likely to
win. This funding is called non-recourse - it is not paid
back if your case doesn't win.
Lawsuit funding rates are more reasonable now. These
are generally in the 2-6% per month range. This may
be competitive with a loan you might consider.
If you need an advance from your future lawsuit or
insurance settlement payment, lawsuit funding may be
an option for you - to give you peace of mind over