Pre-settlement Funding & Lawsuit Loans
Pursuing a civil case is not only expensive but takes a while to settle. Litigants of personal injury cases may need extra cash urgently for medical bills and high price surgeries. At the same time, you have to pay the utility bills and other mortgages. We at ECO are committed to helping. Our Pre-settlement funding is an appropriate financial tool that can solve your problem of money shortage during an ongoing trial. Furthermore, low-interest rate pre-settlement loans are the easiest option for getting cash advances by selling some of your future settlement payments.
What is Pre-settlement Funding?
Pre-settlement funding or lawsuit advance as the term suggests is a cash advance given to the plaintiff prior to settlement of the case. The pre-settlement cash advance given to you is against your future compensation value which you will receive once the case settles. The non-recourse method of funding makes lawsuit loans an easy option for quick money with zero risk.
Plaintiff mostly opts for modern-day pre-settlement funding rather than traditional methods of getting money. Because banks and other credit lending company never offers loans for future settlement.
Pre-settlement Funding is not typically a loan but a cash advance which a plaintiff gets against the payment of their future settlement. The funds are meant to reduce the financial burden from the plaintiff during an ongoing trial. Further, it also helps the attorney maximize the claim value by building a strong case.
Pre-settlement Funding in 3 Steps
Apply For Funding
Those having ongoing litigation against personal injury claims can easily apply for urgent money needed for paying the legal expenses. Just fill in all the information asked in our contact form.
We Review Application
After getting your basic case details, we will connect with your attorney to understand the merit of the case. Our executive will keep you informed about the status of your presettlement fundings.
Get Lawsuit Funding
As soon as our legal experts clear your application for pre-settlement lawsuit loans. Based on the strength of your case we will provide upfront money in return for your future settlement.
No-Risk Pre-Settlement Loan
Get Money Before The Settlement
We only provide pre-settlement funding to litigants of a strong case. Rather than going into a lengthy process of credit check, we can give you money upfront just in 24 hours, in exchange for a small portion of your future settlement proceeds. We offer non-recourse structure funding, making it risk-free for the applicant. Our pre-settlement funding can help you win the case. But if you lose, we ask for no recompense.
ECO Pre-settlement loan company is one of the trusted name in industry of lawsuit financing with good reviews from many plaintiffs.
Our business motto is to support people when they need it. We make people happy with quick money for urgent use.
With our numerous city presences, we have offered huge sums to many litigants so that they get a fair trial and appropriate settlement.
Our pre-settlement loan company accept all those cash advance application which are genuine and have merit in their claim.
How Pre-settlement Loan Helps You?
An ongoing trial can trouble your life, both mentally and financially. And the worst is when you are still recovering from trauma and surgeries caused due to car accident, harassment, or any other personal injury. Our pre-settlement funding helps you tackle the financial strain on your life. The pre-settlement money can be used to pay utility bills, medical fees, and other legal expenses. Moreover, we also help lawyers and law firms by offering them low-interest-rate attorney funding for various types of pending trials.
Types of Claims
To qualify for pre-settlement funding, you need to have an ongoing claim and an attorney representing you. There are several types of claims on which you can get cash advance; generally, we offer pre-settlement loans to people having different types of personal injury lawsuits.
Getting injured in car accident can lead to traumatic injuries and loss of wage. Our funds can be life savour during tough times.
We fund your case, if you have suffered serious injuries due to wrong diagnosis, no diagnosis, or negligence of surgeon.
Having an ongoing trial against big brands and manufacturers for faulty products? Apply with us for quick legal funding.
Employment Law Cases
Lost your job because of bad practices at office? Get cash advances and get yourself fair settlement for Employment claims.
Businesses and other private entities also need money for the trials. Take pre-settlement loans for your existing cases.
We fund all kinds of construction accidents where the plaintiff suffered life-threatening injuries leading to loss of wage.
"Pre-settlement Funding helped us when we needed the cash most. After a serious injury to my leg, I have to go through a major surgery which required a lot of cash. My savings are not enough to cope this, so I take lawsuit loan against my ongoing car accident case. ECO offered me the sum really fast."
How Pre-Settlement Funding Works?
You’re in a lawsuit? You have a lawyer, but you can’t pay your court costs and bills because the settlement hasn’t come through yet?
We advise you not to worry at all. Pre-settlement funding is an immediate cash advance of up to 100% of your expected future jury award or arbitration award. It’s designed for plaintiffs who are unable to work due to the nature of their injury or illness.
For decades we are providing pre-settlement funding and helping plaintiffs to have a fair trial without the worry of cash scarcity.
We’ll give you the money if we find merit in your claim ( such as Personal Injury Lawsuit, Racial Discrimination Lawsuit, Boy Scout Abuse, etc.) — while you’re still in the midst of your lawsuit — and pay us back a part of the settlement funds if you win.
Is Pre-settlement funding the right choice?
Pre-settlement funding is the best option for plaintiffs who are in a lengthy process of trial and needs urgent money. But not every situation is the same, therefore to know if it’s the right option, talk to your attorney. OR
How to spend my pre-settlement funding?
Mostly, plaintiffs take lawsuit funding during their personal injury trial and use it for legal fees. Attorney fees and other legal expenses are just one aspect of using a pre-settlement loan. You can use it for different financial needs as well. Because ECO never put financial obligations on clients about their spending of pre-settlement cash advance. You are free to use it for expenses such as
- Paying Utilities
- Paying Rent Or Mortgage
- Repayments toward existing loans
- Purchasing a car, or paying for insurance
- Child care fees or other family expenses
Because of an injury and ongoing trial, your regular expenses can increase. For people who are injured or suffered a loss of wage, paying the bills can be daunting. But with presettlement funding, you can make your life easy by getting the money without the worry of paying it back. Because you are taking money in exchange for your future settlement, and if you lose you have no onus to repay.
How quickly I can get funding?
We understand the urgency of the plaintiff for cash during the ongoing trial process. It’s not easy to pay rent and other bills when you are injured or in the recovery phase because of injuries. Therefore, we consult with multiple companies at the same time and try to get the funds ASAP.
But to quickly process the pre-settlement funding application our executives will require complete information regarding the case. We will discuss all the possibilities with your attorney. Depending on the response of the attorney the review process can take up to 48 hours.
As soon as we get the quote for a pre-settlement loan, we will approach you. Once you accept the terms of funding, and your attorney accepts to cooperate, we can get you funding in less than 24 hours. However, we do not restrict ourselves to a specific time, because the situation of plaintiffs can vary from one another.