Pre-settlement funding gives plaintiffs access to a portion of their future lawsuit proceeds before their case resolves. Unlike a traditional loan, this is a non-recourse cash advance — meaning you only repay if you win or settle your case.
But not every case qualifies. Your eligibility depends on several factors including your type of claim, legal representation, and case strength. Below, we break down the basic requirements you’ll need to meet to receive funding.
Basic Requirements for Pre Settlement Legal Funding
Must be actively involved in a qualifying personal injury claim (such as auto accident, medical malpractice, slip and fall, or product liability).
Must be represented by an attorney on a contingency basis (you pay only if you win).
There must be clear liability and damages — enough evidence that supports both the fault and financial impact.
The defendant must have insurance coverage or assets to pay a future settlement or judgment.
These criteria help funding companies assess whether they’ll be able to recover the money advanced if the case is successful.
Common Case Types Eligible for Funding
01
Auto accidents and trucking injuries
02
Slip and fall/premises liability claims
03
Medical malpractice and nursing home negligence
04
Workplace injury lawsuits (non-workers comp)
05
Product liability and mass torts
06
Wrongful death actions
If you’re unsure whether your case qualifies, speak with one of our specialists or get a free quote today.
When You May Not Be Eligible
Some situations may disqualify you from pre-settlement funding:
Your attorney declines to cooperate or verify case details
You’re in active bankruptcy or have conflicting liens on your future settlement
You’ve already taken multiple advances on your case
Your claim has weak liability or unclear damages
Frequently Asked Questions
How do I qualify for pre-settlement funding?
Generally, you’ll need an eligible legal claim, attorney representation, and basic case documentation. Approval is based on case merits, not your credit score.
When can I apply during the legal process?
Generally, you’ll need an eligible legal claim, attorney representation, and basic case documentation. Approval is based on case merits, not your credit score.
What happens if I lose my case?
Generally, you’ll need an eligible legal claim, attorney representation, and basic case documentation. Approval is based on case merits, not your credit score.
How quickly can I get my money?
Generally, you’ll need an eligible legal claim, attorney representation, and basic case documentation. Approval is based on case merits, not your credit score.
Will applying affect my credit score?
Generally, you’ll need an eligible legal claim, attorney representation, and basic case documentation. Approval is based on case merits, not your credit score.
Sources & References
The team at My Settlement is committed to providing you with the most accurate and up-to-date information on all the financial implications of your settlement.
