Post-Settlement Award Advance
Post-Settlement Lawsuit Funding for Plaintiffs
Post-Settlement Award Advances for Plaintiffs with Slow-Paying Settlements
Though the legal system exists to provide justice to those who have been wronged, justice doesn’t always move quickly. A personal injury suit might not reach a conclusion for up to two years. MDLs and class action lawsuits can take even longer due to various jurisdictions being involved.
Settlement Doesn’t Always Mean Payment
Even after a settlement has been reached, plaintiffs can find themselves waiting for months or years to actually see their awards. Cases involving minors, governments, international entities, and others may require long review periods after settlement.
But life doesn’t stop while plaintiffs are waiting for their awards to pay out -- bills pile up while costs associated with medical procedures, lost wages, and other damages grow. Plaintiffs need a way to ease their financial burdens while waiting for justice to be served.
Post-Settlement Award Acceleration: A Solution For Plaintiffs Waiting for Their Award Tied to Slow-Paying Settlements
Balanced Bridge Funding also offers plaintiffs post-settlement lawsuit funding, providing them with accelerated access to their settlement money. Here’s how plaintiff settlement funding works:
- You, the plaintiff, were engaged in litigation and have received favorable outcome, but the award has been delayed.
- Balanced Bridge purchases a portion of your award based on our valuation of your settlement.
- Balanced Bridge then provides you an advance based on this portion of your award.
- After the settlement does pay, Balanced Bridge is directly repaid by your attorney.
- Because we only purchased a portion of your award, you are still paid the rest!
A post-settlement advance on your award can help you get by while you’re waiting for your slow-paying settlement proceeds to pay out. It can reduce your financial stress so you can focus on restoring your life to its normal state.
This is an Advance, NOT a Lawsuit Loan
Although commonly referred to as lawsuit loans, our post-settlement advances are NOT loans!
An advance on a settlement, unlike a loan, grants you expedited access to your own money, so you will not have to worry about making monthly payments to a lender. Also, when your case does finally pay out, we will be repaid directly by your attorney so we won’t have to touch your personal accounts.
This is a Non Recourse Transaction: We Accept All the Risk
Don’t worry about what might happen if the defendant suddenly can’t pay your settlement award — we accept all risk of non-payment, meaning that you will still get to keep the money from your settlement advance if the defendant goes bankrupt or is unable to pay for whatever reason.
Fast, Hassle Free Application
If you think our post-settlement plaintiff funding solution could be the right fit for you, please call one of our legal funding specialists at
267-457-4540. Or to apply online, simply
CLICK HERE and fill out our quick form application.
Check out our 3 in-depth Legal Funding Resource Guides:
This is an all inclusive guide on consumer legal funding as it pertains to both the attorney and plaintiff. After reading this guide, you'll have the knowledge to answer the following questions about consumer legal finance:
- What is legal funding?
- How is legal funding different than a bank loan?
- What other types of financial options exist?
- When should I use legal funding?
- How does legal funding work?
- What does a legal funding application look like?
- What are the different types of legal funding?
- What are some real-world examples of legal funding?
2.
Attorney Funding: The Essential Guide
Click Here to Learn More About Attorney Funding
This resource guide was written specifically for the plaintiffs' attorney. This guide contains:
- A step-by-step review of the application and funding process.
- Comparisons between legal funding and other potential financial options.
- Full explanations of the benefits legal funding can provide both attorneys and plaintiffs.
- Detailed overviews of five different kinds of legal funding.
This detailed resource goes into detail about everything you've ever wanted or needed to know about the consumer plaintiff lawsuit funding space.
Balanced Bridge Has Been Seen On:
