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Authored by Eliza Beth

What determines the amount of cash that I qualify for?

Pre-settlement funding, also known as lawsuit funding or a lawsuit loan, is a type of financial assistance that is provided to plaintiffs who are pursuing a legal claim. The amount of funding that you may qualify for is based on a variety of factors, including the strength of your legal case, the amount of damages you are seeking, and the estimated time it will take for your case to be resolved. Other factors that may be considered include your current financial situation and your ability to repay the funding.

The process for obtaining pre-settlement funding usually involves completing an application and providing information about your legal case and your financial circumstances. The funding company will review this information and make a decision about how much funding to offer you. The amount of funding that you receive may be a percentage of the estimated value of your case, or it may be based on other factors such as your current expenses and financial needs.

It's important to note that pre-settlement funding is not a loan and does not need to be repaid if you lose your case. However, if you win your case, you will typically be required to pay back the funding, plus any fees or interest that may be associated with it.

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