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Do You Need Pre-Settlement Lawsuit Funding?

The cost of being involved in a personal injury lawsuit can be financially devastating for plaintiffs, as they often wait years before they receive an award. One way that plaintiffs can cover their expenses during a legal battle is through litigation funding such as pre-settlement funding. Such legal funding offers plaintiffs money before their lawsuit is finished, so they can make ends meet without worrying about financial ruin. Some plaintiffs in personal injury cases are unable to work because of their injuries and face high medical bills, making lawsuit funding incredibly helpful.


Send your Pre-Settlement Legal Funding claim to a lawyer who will review your claim at NO COST or obligation.

What Is Pre-Settlement Lawsuit Funding?

citigroupfaceserisalawsuitsPre-settlement funding has become rather commonplace in the legal landscape; typically, pre-settlement funding is offered in cases that involve personal injury or wrongful death, where the plaintiff faces a loss of income and/or high medical bills. Because litigation can take years, lawsuit funding can provide the plaintiff with funds to cover necessary expenses while the litigation proceeds.

While lawsuit funding can be quite helpful to a plaintiff, there are some attorneys who simply do not like lawsuit funding. They argue that it is too expensive, that the plaintiff might forget about the obligation at the end of the case, or that rapidly escalating charges might pressure an attorney to compromise a case to avoid funding increases. These attorney-critics feel that if lawsuit funding must be provided, it should be obtained in the smallest amount possible.

Those who have significant experience in providing lawsuit funding would, surprisingly, agree with most, if not all, of these arguments. Legal funding can be expensive, the plaintiff does, sometimes, forget that he received assistance, and some attorneys do feel pressure to settle to avoid funding increases. And, absolutely, lawsuit funding should be obtained for the least amount needed, not for any amount the plaintiff desires. Pre-settlement lawsuit funding should be used only when a plaintiff is having difficulty managing his financial obligations while his lawsuit is in progress; it is not "fun money".

How Pre-Settlement Lawsuit Funding Works

Pre-settlement litigation funding is provided by a lawsuit funding company to a plaintiff before a settlement or award is won, with the expectation that the plaintiff will ultimately receive money from his lawsuit. The settlement funding provides the client immediate access to money, so that he can cover his expenses while in litigation. The plaintiff is not required to pay the money back until the settlement is reached or an award is won in his lawsuit.

Pre-settlement funding companies determine the amount of funding to provide to the plaintiff based on an assessment of the case being tried and the likelihood that the case will decided in the plaintiff's favor with an appropriate settlement or award amount. Lawsuit funding is offered as non-recourse funding, meaning plaintiffs only pay back the money if they receive settlement money from their lawsuit. Funding is paid back with interest, although the amount of interest charged varies.

What Is A Lawsuit Funding Company?

The main focus of a lawsuit funding company is to provide strategic cash advances to cash-strapped plaintiffs, who, through no fault of their own, find their physical and financial lives turned upside down by an injury accident. These lawsuit cash advances are collateralized only by pending litigation; if the lawsuits fails, the advances are excused--the plaintiff does not have to pay back the loan. A lawsuit funding company is not part of a law firm.

Pre-Settlement Legal Funding Request

If you or a loved one is interested in additional information on Pre-Settlement Funding, please click the link below and your request will be sent to a legal funding professional who will evaluate your request at no cost or obligation.
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Pre-Settlement Lawsuit Funding Provides Financial Peace of Mind
Pre-Settlement Lawsuit Funding Provides Financial Peace of Mind
February 6, 2015
A “personal injury” is that life-changing moment when you are seriously injured as the result of someone else’s negligence or carelessness. While the most obvious example of this is an automobile accident, a personal injury lawsuit can result from a slip and fall accident, medical malpractice, dog bite, dangerous or defective product, and much more. However you have been injured, whoever is the negligent party and whatever the circumstances, you may experience severe injuries and disabilities. Coupled with being unable to work, you may be faced with a mountain of medical bills, financial and emotional stress, and the inability to pay even your basic, everyday living expenses. As you face this difficult time, you may also find yourself waiting a long time for your case to produce justice. If in this unfortunate situation, pre-settlement funding could provide some financial peace of mind. READ MORE

Post-Settlement Funding Remains a Viable Tool to See You Through
Post-Settlement Funding Remains a Viable Tool to See You Through
January 24, 2015
So your lawsuit has settled. On the surface, this is good news. That means that your personal injury, and the inconvenience and suffering you have endured, has been vindicated. Your medical bills will now be paid, and so on. And then your attorney suggests something known as post-settlement funding. READ MORE

The Power of Pre-Settlement Lawsuit Funding
The Power of Pre-Settlement Lawsuit Funding
January 23, 2015
If you are an injured plaintiff in a personal injury lawsuit, you may have lost your job and face mounting expenses. The longer the insurance company drags its feet, you begin to feel like David going up against Goliath. When you find yourself in financial straits and are ready to settle just to make ends meet, pre-settlement lawsuit funding may be the answer so you can continue the fight for justice and the compensation you deserve. READ MORE


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Upon nearing the 2-year anniversary date of the accident, I submitted an email (confirming contact information) and indicated I was gathering medical information for settlement of the claim. It included the contact information of all the physicians/care providers that I would be requesting information from. THis was approximately 7-10 days before the anniversary date (which would have been a Sunday, June 2011). The adjuster phoned me on the Monday immediately following the 2-year anniversary and informed me that we had never negotiated and he had no obligation to speak to me any further as the 2-year annivesary had passed. He said I had not filed a STatement of Claim in court and would not be receiving any compensation for my injuries (even though he had previously told me that by supplying medical information, he had money set aside for timeloss). I was told they had sent me information to this effect but it had been sent to an incorrect address (and he had current information in my email). I spoke to his superiors and their website ombudsmen and area directors but to no avail; they said I had no claim - even though I had treatment for 2 years and require ongoing assistance not to mention my timeloss and expenses already spent on this.


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