Pre-settlement funding is intended to help plaintiffs cover their expenses while their case is still pending and they are waiting for a settlement or judgment. It is important to note that pre-settlement funding is not a loan, but rather a cash advance against the future settlement or judgment that the plaintiff expects to receive.
It is well known that car accidents bring many devastating consequences, among all financial hardships and the long process of settling the case. In this specific case, pre-settlement funding can be used to cover expenses such as medical bills, car repairs, lost wages and other related costs.