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How Does Settlement Funding Work?

The process of obtaining settlement funding is relatively straightforward. Once you have initiated a personal injury lawsuit, you can apply for funding with a reputable company. The funding company will evaluate the merits of your case, often working closely with your attorney to assess the likelihood of a favorable outcome. If your application is approved, you receive a cash advance, which you repay only if you win your case. This non-recourse nature of the funding means that if you lose your case, you owe nothing, making it a low-risk option for many plaintiffs.