Pre-Settlement Resource Center
Pre-Settlement funding allows you to sell a portion of your future expected settlement proceeds for money you can use to help pay your bills. This isn’t a loan, but it is still an important decision. Only you can decide what is the best option for you to take, but at Peachtree Financial, we believe in giving you more options to choose from.
What Is Non-Recourse Funding?
Selling a portion of your expected future settlement proceeds is something known as non-recourse funding. In short, this means that the company providing funding can only recover their advance after you win your case. Learn more about non-recourse funding or how it is different than borrowing money or getting a loan.
What Pre-Settlement Companies Need From Your Attorney
Before you’re pre-approved to sell a portion of your expected future settlement proceeds, your lawyer must give some information about your case to the company looking to offer you the advance. The purchaser won’t ask deeply personal questions; instead they’ll want to get documentation about your case and how much the lawyer expects you’ll receive. After obtaining this information from your attorney, they’ll offer you a quote for the portion of your expected settlement they want to purchase.
How Much You Can Get
How much money you can receive depends on a variety of factors, including how large your settlement is expected to be, and when the case is expected to settle. The company won’t buy too much of your settlement proceeds since this limits your attorney’s ability to negotiate. While every sale is unique, we wanted to describe some of the things that can determine how much you’ll get.
If you’re an attorney interested in learning more about this option available to your client, give us a call at 1-800-316-1988 or check out our Attorney Pre-Settlement Resource Center.
Frequently Asked Questions
Peachtree Financial connects people like you to companies willing to offer cash in exchange for a portion of your future settlement. In the years since we started helping people discover this option, our representatives have heard a lot of questions about pre-settlement funding. Our FAQ offers answers to some of the questions we hear most.
Our Representatives Are Always Here To Help
If you still have questions about your options, give us a call. We’ll be happy to go over the process with you and answer the questions you have about pre-settlement funding. No one knows what’s best for your personal situation better than you do, we’re just here to give you options.
Peachtree Financial does not offer legal, tax, or financial advice. Please contact independent professionals for those services.