If you are involved in an injury lawsuit, are unable to work and have ongoing expenses, it is very difficult to wait for your case to be settled. For such a situation in which you need cash now, CBC Settlement Funding may be able to provide you with a lawsuit cash advance against your final settlement.
There is a significant difference between a litigation cash advance and a payday loan, however. If you have ever dealt with a payday lender, you were required to provide a social security number and other employment information. This way, the payday lender can collect its share directly the next time your employer pays you.
You will not have to provide this information when you apply for advance money for lawsuit settlements, however. The reason is that such funding is non-recourse. When judge in such cases rules in favor of the defendant – in other words, if the plaintiff receiving a cash advance loses the case – the plaintiff is not required to repay the advance and the structured settlement company providing the funding must bear the loss.
CBC Settlement Funding can provide you a settlement cash advance for all or part of a pending lawsuit. If you are involved in tort litigation and need cash now in order to pay ongoing personal expenses, call our settlement funding experts today. We can provide the structured settlement help you need to meet your immediate financial obligations.