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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 […]
If you lose your case after receiving pre-settlement lawsuit funding, you typically do not have to repay the funds, as pre-settlement funding is non-recourse. This means the funding company absorbs the risk and only recovers its investment if you win or receive a settlement. Unlike traditional loans, pre-settlement advances are not dependent on credit scores […]
If you are a plaintiff in a personal injury claim or other legal case, a cash advance on your lawsuit can give you money in a matter of days, as opposed to waiting months (or even years) for your case to resolve. If your case is promising, and bills are piling up, this might be […]
Before choosing a pre-settlement funding lender, verify that they are licensed to operate in your state and have a proven track record in the industry—experience matters. A reliable lender will also be transparent about all fees and charges, ensuring no hidden costs. If you have questions about pre-settlement funding, make sure they are answered to […]
Plaintiffs benefit from pre-settlement lawsuit funding by gaining immediate financial relief while their lawsuit is still pending, without waiting months or years for a settlement. If you’re recovering from serious injuries, you may not be able to work, and that loss of income often creates financial instability. Beyond the immediate physical pain and emotional distress, […]
At Mustang Funding, pre-settlement funding is a non-recourse financial arrangement. This means that the funds are advanced to the plaintiff (the person filing the lawsuit) with the understanding that repayment is contingent upon a successful settlement or court verdict. If the lawsuit does not result in a financial award, the plaintiff is not required to […]
No, attorneys cannot provide pre-settlement funding for your pending lawsuit. They are required to act in their client’s best interests without being influenced by financial considerations. Providing funding directly could create a financial stake for the attorney in the outcome of the case, potentially compromising their objectivity. However, pre-settlement lawsuit funding from Mustang Funding helps […]