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DescriptionPre-settlement funding, also known as lawsuit funding or legal funding, is a type of financial assistance that is offered to plaintiffs who are involved in a personal injury lawsuit. It is a non-recourse cash advance that is provided by a third-party funding company based on the strength of the plaintiff’s case. In other words, the funding company takes on the risk of the plaintiff’s lawsuit and provides them with the cash they need to cover their expenses while they await their settlement or jury award.
DescriptionPre-settlement funding, also known as lawsuit funding or legal funding, is a type of financial assistance that is offered to plaintiffs who are involved in a personal injury lawsuit. It is a non-recourse cash advance that is provided by a third-party funding company based on the strength of the plaintiff’s case. In other words, the funding company takes on the risk of the plaintiff’s lawsuit and provides them with the cash they need to cover their expenses while they await their settlement or jury award.
