What Are the Pros and Cons of Lawsuit Loans?
At Mustang Funding, we occasionally use the term “lawsuit loan,” since it’s a common search phrase. However, what we offer is technically different. Pre-settlement funding is a non-recourse cash advance for plaintiffs engaged in a lawsuit. It offers access to funds quickly, with no obligation to repay if they lose. It also doesn’t require a […]
How Does Pre-Settlement Funding Affect My Case Outcome?
Pre-settlement funding can improve your case outcome by reducing financial pressure, enabling your attorney to continue negotiating against deep-pocketed defendants. It also disrupts insurance companies’ common tactic of delaying proceedings to pressure vulnerable plaintiffs into accepting less than their claim is worth. While pre-settlement lawsuit funding is sometimes referred to as a lawsuit loan, that […]
Can I Use Litigation Funding to Cover Living Expenses?
Yes, many personal injury plaintiffs use litigation funding or pre-settlement funding to help cover essential living expenses while their case is pending. There are typically no restrictions on how the money is spent. This support can ease economic pressure and allow you to focus on your recovery and legal case, without resorting to traditional loans […]