Can I Apply for Legal Funding While on Workers’ Compensation?
Yes, you can apply for legal funding. Workers’ compensation provides benefits like wage replacement and medical coverage, but insurers can delay, reduce, or dispute these claims. Over time, as unpaid benefits accumulate, especially in cases involving severe or permanent injuries, the value of the claim increases. This growing liability often leads insurers to negotiate a […]
What is Non-Recourse Litigation Funding?
Non-recourse litigation funding means the lender assumes the financial risk; if your personal injury case does not result in a settlement or favorable verdict, you are not required to repay it. Pre-settlement lawsuit funding is essentially a cash advance based on your expected settlement. You repay it only after your case is resolved and you […]
How Long Does It Take to Get Approved for Pre-Settlement Funding?
At Mustang Funding, approval for pre-settlement lawsuit funding may take less than 24 hours once your attorney provides the necessary case information. This typically includes confirmation of key details such as the nature of your claim, the extent of your injuries, whether liability is clearly established, and the estimated value of a potential settlement or […]
How Pre-settlement Funding Helps After a Car Accident
A serious car accident due to another party’s negligence can disrupt every aspect of your life. In addition to a long recovery process, you may be unable to work, making it difficult to cover basic living expenses. If your vehicle was totaled, the loss of transportation could affect you and your entire household’s ability to […]
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 […]
How Does Pre-Settlement Funding Compare to Traditional Loans?
Pre-settlement funding offers a financial safety net for plaintiffs awaiting the resolution of their lawsuit without the credit requirements or repayment obligations associated with traditional loans. It is like a cash advance on an anticipated settlement or verdict. The future settlement serves as collateral. Learn more about how these options differ so you can choose […]
What Is the Difference Between Lawsuit Loans and Settlement Advances?
Pre-settlement funding is not a loan. At Mustang Funding, we occasionally use the term “lawsuit loan” since it’s a common search phrase, but what we offer is technically different. Pre-settlement funding is a non-recourse cash advance provided in exchange for a portion of your potential future settlement. Unlike a traditional loan, you are not required […]
What Types of Cases Qualify for Pre-Settlement Funding?
At Mustang Funding, we offer capital solutions to plaintiffs in a wide range of civil lawsuits and personal injury cases, including car accidents, wrongful death, product liability, medical malpractice, pharmaceutical litigation, unlawful termination, workplace discrimination, the Jones Act (for injured maritime workers), and more. Pre-settlement funding can be a financial lifeline for plaintiffs waiting for their […]