FAQs About Pre-Settlement Funding
Pre-settlement accident lawsuit funding can be a lifesaver for plaintiffs who have been injured in an accident and are waiting for their lawsuit to settle. In this article, we will discuss how to get pre-settlement funding for your accident lawsuit. What is Pre-Settlement Funding? Pre-settlement funding, also known as lawsuit funding or legal funding, is a cash advance that is given to plaintiffs who are involved in a lawsuit. The funds can be used to pay for living expenses, medical bills, and other expenses while waiting for the lawsuit to settle. How Does Pre-Settlement Funding Work? When you apply for pre-settlement funding, a funding company will review your case and determine if you are eligible for funding. If you are approved, the funding company will provide you with a cash advance that is secured by your potential settlement. This means that if you do not win your case and you do not have to pay back the cash advance. Who is Eligible for Pre-Settlement Funding? To be eligibl