Unlike a payday loan or other types of secured loans or cash advances, a litigation cash advance is a “non-recourse” arrangement. This means that when CBC Settlement Funding provides you with cash for settlement payments against a pending court award, our company is assuming the risk that the judge may decide in favor of the defendant (the party against whom you brought suit). If you do not win your lawsuit, you pay nothing, and CBC absorbs this as a 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.