What is the Difference Between Attorney Funding and Plaintiff Funding?
The difference between attorney funding and plaintiff funding is primarily the recipient. If a law firm or plaintiff meets its criteria, Mustang Funding can provide an advance necessary to boost legal resources for an attorney or prevent a plaintiff from falling behind on bills. The amount of funding available is generally based on the strength […]
What is Non-Recourse Funding for Auto Accident Victims?
Non-recourse funding for auto accident victims is a cash advance on a pending lawsuit that must only be repaid if you win or settle your case. If you were involved in a car accident and need to access your potential settlement award before the conclusion of the case, then you may be eligible to apply […]
Is There a Minimum Settlement Amount to Qualify for Legal Funding?
The minimum anticipated settlement amount for pre-settlement funding eligibility varies by lender. Some funding companies accept cases with a projected value of $20,000, while others will not consider cases worth less than $200,000 or higher. At Mustang Funding, the decision primarily hinges on the strength of your case, the likelihood of a favorable outcome, and […]
Can I File for Litigation Funding If My Case is on Appeal?
Defendants often appeal jury awards they believe are excessive. In those situations, you may still apply for litigation funding while the appeal is pending. Funding is less likely, however, if you are the one appealing after losing at trial. Appeals are typically based on claims of procedural error or misinterpretation of the law, and they […]
Do Uber and Lyft Accidents Qualify for Pre-settlement Funding?
In short, yes— rideshare passengers may qualify for pre-settlement funding. Just because your car accident occurred in an Uber, Lyft, or other rideshare vehicle does not affect whether you may qualify for pre-settlement funding. Uber and Lyft maintain insurance coverage of up to at least $1 million when the driver is carrying passengers or en […]
How Does Pre-Settlement Funding Impact My Settlement Negotiations?
Lawsuits can take months or even years to resolve, and during that time, financial pressure can make it difficult to wait for a fair settlement. Insurance companies and defense attorneys know this, and use delay tactics to pressure plaintiffs into accepting less than they deserve. Pre-settlement lawsuit funding can change that dynamic in several important […]
Common Delays in Auto Accident Settlements & How to Stay Financially Afloat
Auto accident settlements are often delayed due to disputes over liability, time needed to determine the long-term prognosis of serious injuries, or insurance company tactics. During this time, major financial obligations, like mortgage payments, can become harder to manage. Meanwhile, everyday expenses for food, utilities, and transportation continue to add up, especially if your injuries […]
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 […]