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 award.
Remember that pre-settlement funding is only available to plaintiffs with a pending lawsuit and legal representation, as we must consult with your attorney before evaluating your eligibility.
The Application Process
Here is the basic workflow of a pre-settlement loan and an overview of the funding timeline:
- File a lawsuit. Legal financing starts with a lawsuit. Once you have hired an attorney and they file a claim on your behalf in state or federal court, you can begin the process. While you don’t need your attorney’s consent to apply for funding, you cannot obtain a lawsuit advance without notifying them.
- Apply for Pre-Settlement Funding. The application process is simple and straightforward. Complete and submit a no-risk online application. There is no credit check for this type of non-recourse legal financing. Instead, we contact your attorney to learn more about your case so we can prepare a proposal based on the likelihood of a good outcome.
- Review the Pre-Settlement Funding Proposal. If approved, we send you and your attorney documentation outlining the terms of your pre-settlement lawsuit advance. We encourage you to review this information carefully to ensure you’re fully aware of your rights and responsibilities when you accept pre-settlement funding.
- Receive Payment. If your case qualifies and you agree to the pre-settlement funding terms, we will transfer your money in as little as one day from when you sign your agreement. You can use this money for medical bills, rent, mortgage payments, and other living expenses.
We Love Helping Our Clients
Trust that we handle your personal information and the details of your legal proceedings with the utmost discretion. Since our founding, we have funded over $170 million and issued funds to more than 10,000 individuals and firms. This extensive portfolio would never be possible if we weren’t trustworthy and professional.
In addition, complex, high-stakes legal cases can take a long time to resolve. If you need additional funds, you can apply for another round of pre-settlement legal financing. We review applications on a case-by-case basis.
Contact Mustang Funding Today
Mustang Litigation Funding, located in Wayzata, MN, offers ethical institutional litigation funding to support justice. If you are experiencing financial instability while your court case winds its way through the legal system, we can help. Learn more from our Ultimate Guide to
About Mustang Funding
Mustang Litigation Funding, located in Wayzata, MN, offers ethical institutional litigation funding to support justice. If you are experiencing financial instability while your court case winds its way through the legal system, we can help. Learn more from our Ultimate Guide to Pre-Settlement Funding. Contact us today if you have questions about how pre-settlement funding works. Our team members are always within reach and ready to talk whenever your funding needs arise.
