Litigation Loans: Getting Help Before Settlement Arrives
Can I get a loan for my settlement?
While we are able to assist people who have already received a settlement and are in need of funds, we often get contacted by those who do not yet have a settlement but are still in need of funds.
If you’re having trouble making ends meet as you pursue litigation or while you’re awaiting settlement, you are not alone. A catastrophic injury or the loss of a family member turns life upside-down, and it can quickly impact somebody’s financial security. It happens often.
One solution is to seek a plaintiff loan if you need money to continue your lawsuit or to hang in there until the money arrives. Funding companies provide pre-settlement loans and post-settlement loans to help plaintiffs make ends meet in the meantime.
How a lawsuit loan works
If you are pursuing litigation and need financial help, a funding company can provide you with an immediate monetary advance. Once settlement arrives, then you begin paying the company back (plus some interest).
It’s important to know that if you receive funding in the middle of litigation and you do not win your lawsuit, you will not have to pay the company back for the advance you’ve received. This arrangement is called non-recourse plaintiff funding. In other words, you’re not on the hook if you do not receive a settlement after all.
While CrowFly does not directly provide lawsuit loans to people, we have a relationship with Plaintiff Support to help you seek the funds you need before your settlement arrives. Our team is knowledgeable about the plaintiff loan process. We can answer your questions and put you in touch with the right representative from Plaintiff Support. Contact 833-CROWFLY no-obligation conversation about getting the help you need.