How Pre-Settlement Funding Works
How Does Pre-Settlement Funding Work?
It couldn’t be simpler: Either call (248) 353-8830 or, fill out our short and simple online application.
As soon as we receive your information, we will immediately contact your attorney to determine the status of your injury claim. Once you are approved for the funding you have requested, a contract will be prepared for your signature, and then you will receive your money. Like I said, it couldn’t be simpler!
When you win your case, the funding amount that you received along with our fee will be paid to us directly from your attorney. If you do not win your case, you will owe us nothing at all, and can keep the money we funded to you. Remember, all of your conversations with us remain confidential, so please call us today with any questions.
Our Detroit, Michigan pre-settlement funding firm guarantees that our fees are the lowest available, and if you do find one that is cheaper we will beat any written quote from any other company. Learn more about us.
Let Our Experience Be Your Guide
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What Is Pre-Settlement Funding?
Pre-Settlement funding, also know as litigation funding, is when a firm provides someone in a lawsuit with money in exchange for a part of the expected lawsuit settlement.
Pre-settlement funding is not a loan. The money borrowed from the firm does not need to be paid back over a set period of time. Rather, plaintiffs sell a portion of their future settlement proceeds in exchange for a cash advance.
Pre-settlement funding can help avoid going into debt. For those who have been injured and are unable to work, it is very difficult to pay the bills without a stable paycheck from a job. Lawsuits can also be incredibly time consuming and mentally intensive. During a lawsuit that prevents a plaintiff from working, it can be very hard to continue making payments. Paying bills on credit cards can make things even worse by forcing one to carry even more debt, and possibly be forced to go into default and skip payments. This may require settling debt claims which could have a long-term impact on one’s finances.
Have more questions? Learn more about our Detroit, Michigan pre-settlement funding firm, Visit our FAQ page or contact us. We also provide tips for searching for the best funding option for you.
Michigan Lawsuits We Fund
Auto Accidents
These includes Cars, Trucks, Motorcycles Pedestrians, Buses, Rideshares, Bicycles, and Train Accidents.
Personal Injury
These include includes Wrongful Death, Medical Malpractice, Birth Injury, Defective Product, Nursing Home Abuse, Brain Injury, Premises Liability, and Dog Bite Lawsuits.
Employment Law
These include Wrongful Termination, Workers’ Compensation, Construction Accident Lawsuits.
Nursing Home Abuse
Premises Liability
Birth Injury
Medical Malpractice
Michigan Areas We Serve
Litigation Funding, LLC provides pre-settlement funding for Michigan citizens confronting personal injury lawsuits in the following Michigan cities:
- Grand Rapids
- Detroit
- Saginaw
- Warren
- Sterling Heights
- Lansing
- Ann Arbor
- Flint
- Dearborn
- Livonia
- Canton
- Troy
- Farmington Hills
- Macomb
- Kalamazoo
- Wyoming
- Southfield
- Rochester Hills
- West Bloomfield
- Pontiac
- Royal Oak
- Novi
- Battle Creek
- East Lansing
- Midland
