How pre-settlement funding actually works

Here's the short version. You're a plaintiff. You have a personal injury case that's moving through court. You need money now — rent, medical bills, groceries, car payment — but the case won't settle for months, maybe years. A pre-settlement funding company (us, for example) gives you a cash advance today, against the settlement you expect to get later. When the case settles, we get paid back out of the settlement. If the case loses, you owe us nothing.

That's the whole thing.

It's not a loan

People call it a lawsuit loan. Technically it's not. A loan means you have to pay it back no matter what. Pre-settlement funding is non-recourse — which is a fancy way of saying: if your case doesn't win, our money is gone. We can't come after your house, your car, your paycheck, or your credit. The risk sits with us.

That's why the numbers look different from a loan. We only get paid when the case resolves in your favor, and we have to price in the chance that some cases won't. The cost reflects that risk.

How the process runs

Here's what it usually looks like from the plaintiff's side:

1. You call us or fill out the short form on the site.
2. We ask who your attorney is and send them a quick request for case documents.
3. Your attorney sends over the case summary, the demand, and anything else relevant.
4. We review — typically within a few business days.
5. If we approve, we send the funding agreement to you and your attorney.
6. You sign. The funds are wired shortly after.

You don't hunt down documents. You don't do the legwork. Your attorney handles the paperwork on your end, and that's part of why we work directly with law firms instead of making clients run the process.

What it costs

This is the part people want a straight answer on. The cost of an advance depends on three things:

• How much you're borrowing
• How strong the case looks
• How long it takes to resolve

Before you sign anything, you see a payoff schedule — here's what you'd pay if the case settles in six months, twelve months, eighteen months, and so on. If your case settles early, you pay less. If it drags, it costs more. There are no surprise fees at the end.

That's it. If a funding company can't hand you that schedule upfront, walk away.

What to do next

If you think you might need funding, call your attorney first. Ask them what they think. Then call us at 845-521-5407 and we'll tell you in a few minutes whether we can help.