What Is Commercial Litigation Funding and Post Settlement Funding?
Post-settlement funding is a monetary product available to plaintiffs and lawyers after litigation attains a resolution and is risk-free. This funding is often referred to as a lawsuit or a settled lawsuit loan, but post-settlement loans are not loans. All resolved case funding is non-recourse. This implies that there are no monthly expenditures, and there is no risk either. If the defendant defaults on fees, you will not be required to repay your advance until you accumulate from the defendant. Whether you are a plaintiff seeking to leverage your payment or you are a lawyer looking to leverage your contingency expenses, post-settlement funding lets you secure upfront capital against a forthcoming settlement award. Why Consider Post-Settlement Funding? When your case has been settled, but you still find yourself struggling to fulfill all your payments, post-settlement funding offers one risk-free route to obtaining cash now without resorting to a conventional bank loan. This