About case funding

Learn about case funding!

There are two main events with case funding:

Pre-settlement funding: money being advanced to the victim.

Post-settlement funding: money funded to the victim while waiting for the awards of the case.

But one must one note that, usually, both are non-recourse funding: you will pay back only if you win or settle the case.

It is not wise to take a pre or post settlement funding. Usually the rates are high and you will end up giving much of what you have been paid.

As for case funding within the structured settlement industry, there is usually “an immediate lump-sum to provide for plaintiff’s urgent needs: medical bills, out-of-pocket expenses, or “a stipend to augment or replace lost wage income”. This lump-sum is usually half of the defendant’s payment.

Ruan
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