Is Pre-Settlement Funding Actually a Loan?

Many people wonder if pre-settlement funding is a loan, as in a loan you get from a bank. No, this is simply an advance you get against your pending settlement. More of a cash advance, if you will. Any case you may file where a settlement is anticipated may be eligible for a lawsuit loan. These types of advances are particularly beneficial for those facing financial hardships.

When a plaintiff is in need of legal funding but cannot get access to funds or simply don't have the money, they often neglect to file suit because of their financial situation. Pre-settlement funding is the perfect solution to help those who have been injured seek monetary justice for those injuries and other costs associated with the claim.

Addison Pre-Settlement Funding offers the perfect solution for the 90% of people who never follow through with a lawsuit because they are financially unable to. A lawsuit loan basically means that the plaintiff can apply for an advance on the possible monetary award of their lawsuit. This helps plaintiffs avoid settling for lesser amounts with any insurance company, or failing to file altogether.

This advance may be used for practically any reason. Many plaintiffs use the money to help with monthly household bills, medical bills, legal fees and other costs. It can actually be used for anything you decide to use it for. This money will not be paid back until you settle your claim. In the event that you do not win your case, you owe us nothing.

At Addison Pre-Settlement Funding, the process is easy. Simply call our toll-free number to apply, or fill out our online application. Once we review your information and the merits of your claim, we will make a decision the same day. If you do qualify for a lawsuit loan, you will receive your money the very next day.

Getting the help you need to pursue justice is easy with us. Don't let those who have caused pain and injury to you get away with it! You can take your claim to court and get the compensation your deserve. Financial problems are no longer an issue, as pre-settlement funding will allow you to get the money you need so that you can avoid an added financial burden. At Addison, we offer solutions that meet the needs of our clients.