CLF

Accidents can be life-changing, leaving victims with serious injuries, medical bills, and financial stress. While pursuing a legal claim can help recover compensation, lawsuits can take months or even years to settle. During this time, many victims struggle to cover daily expenses. This is where lawsuit loans come in. What Is a Lawsuit Loan? A lawsuit loan, also known as pre-settlement funding , is a cash advance given to plaintiffs while they wait for their case to be resolved. It is not a traditional loan because repayment depends on the outcome of the lawsuit. If the plaintiff wins or settles the case, the lender gets paid from the settlement. If they lose, they owe nothing. How Does a Lawsuit Loan Work? The process of getting a lawsuit loan is simple: Apply for Funding – The plaintiff submits an application to a lawsuit loan company, providing details about their case. Case Review – The lender evaluates the case, usually working with the plaintiff’s attorney to determine the like...