If you are considering filing a personal injury lawsuit, you may be wondering about pre-settlement funding.

This type of funding can provide you with the money you need to cover your expenses and live your life while you wait for your case to settle.

Pre-settlement funding is a cash advance on your expected settlement. It is not a loan, so you don't have to worry about repaying it if your case is unsuccessful. The funding is provided in exchange for a portion of your expected settlement, so it is important to work with a reputable funding company.

There are many benefits to pre-settlement funding, including:

If you are considering pre-settlement funding, be sure to work with a reputable funding company.

There are many companies out there that will take advantage of you if you are not careful.

Do your research and ask around for recommendations before you make a decision.

Are Pre-settlement Funding Safe?

Pre-settlement funding can be a great way to get the money you need to cover your expenses while you wait for your case to settle. But is it safe?

There are always risks involved when you take out a cash advance on your expected settlement. But as long as you work with a reputable funding company, the risks are minimal. The funding company will do their own due diligence to make sure that your case has merit and that you are likely to win.

The biggest risk you face is if your case is unsuccessful. If this happens, you will not have to repay the funding company. But you will be out the money that you used to cover your expenses.

Who Are Eligible For Pre-settlement funding?

The answer is that almost anyone who is pursuing a personal injury lawsuit can apply for funding.

There are a few requirements that you must meet in order to be eligible for funding.

First, you must have already hired a lawyer.

Second, your case must have merit.

The funding company will do their own due diligence to make sure that your case has a good chance of success.

Third, you must be able to show that you need the funding.

The funding company will want to see that you have expenses that need to be covered.

And fourth, you must be willing to sign over a portion of your expected settlement to the funding company.

If you meet all of these requirements, you should be able to get pre-settlement funding. The funding can provide you with the money you need to cover your expenses and live your life while you wait for your case to settle.

How Pre-settlement loans works?

Pre-settlement loans work by providing individuals with funds that they can use to cover the costs of their lawsuit. The loans are typically given in the form of a lump sum, and the borrower is then responsible for repaying the loan plus interest and fees once their case is settled.

How do you determine how much of an advance I can receive?

The amount of an advance is based on many factors, but the most important is the expected value of your case.

We will also consider your ability to repay the loan and the costs associated with your case.

If you need low cost pre-settlement funding for ongoing litigation, we at ECO Pre-settlement Funding can help.

Factors That Determine Pre-settlement Funding Amount You Can Get

Liability: If you are found to be at fault for the accident, you will not be able to get any pre-settlement funding.

Injury: The severity of your injuries will play a role in determining how much pre-settlement funding you can get. The more severe your injuries, the more money you will be able to get.

Lost Wages: If you have lost wages as a result of the accident, you will be able to get more money.

Medical Bills: If you have incurred medical bills as a result of the accident, you will be able to get more money.

Pain and Suffering: If you have suffered pain and suffering as a result of the accident, you will be able to get more money.