Frequently Asked Questions (FAQ) – Pre-Settlement Funding
What is pre-settlement funding?
Is pre-settlement funding the same as a loan?
No. Pre-settlement funding is not a traditional loan.
There are:
- No monthly payments
- No credit checks
- No employment requirements
- No repayment if you lose your case
Because repayment is contingent on the outcome of your case, it is classified as non-recourse legal funding, not consumer debt.
Is pre-settlement funding legal?
How does pre-settlement funding work?
The process is simple:
- You apply online or by phone
- We contact your attorney to verify case details
- Your case is reviewed for strength and value
- You receive an offer with clear terms
- Funds are issued—often within 24 to 48 hours
You repay only if your case results in compensation.
Who qualifies for pre-settlement funding?
You may qualify if:
- You have an active lawsuit
- An attorney represents you
- Your case involves potential monetary compensation
- Your case has not yet settled
Approval depends on case merit, not personal finances.
Do I need good credit to qualify?
Can I get pre-settlement funding if I am unemployed?
Do I need my attorney’s permission to apply?
What types of cases qualify for pre-settlement funding?
We fund a wide range of civil cases, including:
- Personal injury lawsuits
- Car, truck, and motorcycle accidents
- Slip and fall injuries
- Medical malpractice claims
- Workplace injury cases
- Wrongful death lawsuits
- Product liability claims
Eligibility depends on case strength and attorney cooperation.
Can I get funding for sexual abuse or institutional abuse cases?
Can I get funding for a class action lawsuit?
Sometimes. Class action funding depends on:
- The structure of the settlement
- The litigation stage
- Attorney approval
Not all class actions qualify.
How much money can I receive?
Funding amounts typically range from $500 to $500,000 or more, depending on:
- Estimated settlement value
- Liability strength
- Expected case duration
Each case is evaluated individually.
What fees or interest rates are charged?
Pre-settlement funding does not use traditional interest rates. Instead, it includes clearly disclosed funding fees that may be fixed or compounding.
There are:
- No hidden charges
- No surprise fees
- No upfront costs
All terms are explained before you accept funding.
Are there monthly payments?
What happens if I lose my case?
How fast can I get my money?
Does applying affect my credit score?
How long does approval take?
Can I receive more than one advance?
Yes. Additional funding may be available if:
- Your case progresses positively
- Liability becomes clearer
- Settlement value increases
Each additional advance is evaluated separately.
Is pre-settlement funding better than a personal loan?
For plaintiffs, pre-settlement funding often provides advantages:
- No repayment if you lose
- No credit checks
- No monthly payments
- No employment requirements
Personal loans require repayment regardless of case outcome.
Will pre-settlement funding affect my settlement?
Can my attorney refuse to work with a funding company?
Some attorneys prefer specific funding providers. ECO Pre-Settlement Funding works professionally with attorneys nationwide and follows transparent, ethical practices.
Is pre-settlement funding available in my state?
ECO Pre-Settlement Funding serves plaintiffs in most U.S. states, subject to state-specific regulations. Availability varies based on local laws.
Is my personal information kept confidential?
Are there hidden clauses or penalties?
Why choose ECO Pre-Settlement Funding?
Clients choose ECO Pre-Settlement Funding because we offer:
- Non-recourse funding (no win, no repayment)
- Fast approvals and funding
- Transparent pricing
- Attorney-friendly process
- Nationwide service coverage
How do I apply for pre-settlement funding?
You can apply:
- Online in minutes
- By phone with a funding specialist
There is no obligation, and your application is free.
Get Pre-settlement Funding
If you are already in a lawsuit, then we can offer you lawsuit funding without any hassle.
CALL: 800-961-8924
