Structured Settlement Funding Basics

A structured settlement is a lawsuit award that is paid out in increments over time, rather than one lump sum. While this type of arrangement provides a steady source of income, for some plaintiffs it can cause frustration and stress. When major expenses arise, like college tuition or a down payment on a home, a structured settlement is of little value. That’s where structured settlement funding and post settlement funding can help.

What is structured settlement funding?

Structured settlement funding can be thought of as a cash advance on your existing settlement, as it is a way to convert your periodic payments into one lump sum. By selling part or all of your incremental payments, you forfeit smaller future payments for one large payout today. Similarly, post settlement funding applies after you’ve won a settlement but before you’ve received your first payment. With both options you won’t owe anybody anything – unlike a bank loan or credit card advance, this type of legal funding gives you access to money that’s already yours.

What is pre-settlement lawsuit funding?

Pre-settlement lawsuit funding is similar to structured settlement funding, but has one major difference: this cash advance is obtained before you’ve secured your settlement or lawsuit verdict. Pre-settlement funding is a type of non-recourse loan, which means that you won’t owe anything if you don’t settle your case. In other words, if you’re approved for pre-settlement funding but do not win your lawsuit, you don’t have to pay back the cash advance. If you do win your case, you will pay the money back with your verdict or settlement.

What’s the catch?

There is none. At LawStreet Capital, we understand that money is often a source of worry and concern, so we work with you to secure financial freedom at fair rates. We are proud to offer the lowest interest rates in the industry, and to combine this promise with excellent customer service. After you complete our simple application we’ll get you an approval decision within 24 hours. And once approved, we can usually transfer your funds overnight.

We don’t believe in limited-time offers or other hard-sell tactics. Structured settlement funding isn’t for everyone, and we want you to make the best choice for your situation. If you have any questions about lawsuit funding, or if you’ve already done the research and are ready to start your application, please call LawStreet Capital toll-free at 800-345-8500. You can also begin your application by completing the information on the upper right-hand side of the screen.