Demandbase Product Ideas

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The Pre-Settlement Funding Company

Pre settlement funding is one of the two lawsuit settlement funding methods, in which a person who has filed a compensation case can get money in the form of a non-recourse loan from the pre-settlement funding company based on his pending case. Even if the amount of the settlement or judgment is less than the estimate, the amount to be paid shall never exceed the amount of the injured person's share of the judgment. Pre-settlement funds include financing ongoing litigation rather than purchasing legal fees after settlement. The risk is much higher in pre-settlement funding as compared to post-settlement funding and hence pre-settlement companies expect very high returns.

  • Eliza Beth
  • Oct 7 2021
  • New idea
  • Attach files
  • David Denk commented
    8 Oct 07:01am

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