Thus, we work with lenders familiar with your situation and are ready to help. Important Disclosures. Please Read Carefully. This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans.
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But, is it in your best interest to borrow against a future settlement or judgment. How Lawsuit Lending Works. Lawsuit funding is a relatively new product offered to plaintiffs who expect to settle or win a judgment in a lawsuit. Here's how it works. After you file a personal injury lawsuit, you apply for the loan with a lawsuit funding company. The company evaluates your case to determine how much you can expect to get if you win or negotiate a settlement (the vast majority of personal injury cases are settled before trial).
The lender offers you a sum of money immediately. In exchange, you agree to pay the lender that sum of money (the principal) and same day approval personal loans blacklisted funding fee out of the proceeds of your settlement or judgment.
Usually you don't have to make any payments before you settle the case or get a judgment. The lender gets paid from the proceeds of the lawsuit judgment or settlement.
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Late Payments Hurt Your Credit Score.