Lawsuit financing is the process of obtaining a cash advance on a pending lawsuit. A lawsuit financing company will issue a pre settlement advance contingent upon the successful settlement of a lawsuit.

The process for obtaining lawsuit finance is much more simple than traditional bank loans which require extensive employment history verification, credit checks and high application fees. This type of financing is often called a "loan" but it is technically not a loan as it is non recourse in nature - meaning that if the case is unsucessful there is nothing to repay.

The lawsuit financing company is essentially investing in the future outcome of the case and funds are issued based on the ecpected settlement amount. This type of lawsuit financing benefits the plaintiff in that they are able to stay in the case without settling for less due to unfortunate financial circumstances. Reputable compnaies issue these advances with no fees or monthly repayments.

Lawsuit financing is a non-recourse form of lending, so plaintiffs only have to repay funds if and when they win their case or settle out of court.

The financing company that issues the advance is a lien holder against a lawsuit for which it provides an advance. So the plaintiff will never have to use their own money to repay any of the amounts that have been advanced to them. The lawsuit financing company determines how much to advance, based on the expected settlement amount and merits of the individual case. 

Applying for Lawsuit Financing is fast and simple - Get Started Here ==> Lawsuit Financing