An injury can turn everyday life upside down almost overnight. One day, you’re managing deadlines, covering everyday expenses, and planning for the future; the next, you’re stuck with medical bills and a claims file that could take years to resolve. That’s when most people start searching, “How does pre-settlement funding work?”
Pre-settlement funding gives plaintiffs access to a portion of their eventual settlement before their case is resolved. This funding, also known as a lawsuit loan alternative, helps injury victims can pay for things like rent, groceries, and other expenses while their case is ongoing, not after the defendant finally cuts a check. It is not a loan, and no credit checks or monthly payments are required. Instead, funding provides transparent support for the stretch of time between injury and justice, when bills pile up, and patience wears thin.
Liberty One Legal Funding helps people nationwide stay financially steady during this waiting period after an accident or injury. Working directly with your law firm, we review your claim, verify liability, and provide non-recourse funding, meaning repayment occurs only if your case succeeds. With that security, your law firm can keep fighting for the full value of your damages rather than rushing to settle under pressure.
Key Points: How Pre-Settlement Funding Works
- Your attorney is involved: Funding starts only after a law firm confirms representation.
- No loan or credit check: Approval depends on case strength, not your credit or income.
- Non-recourse structure: You repay only if your case settles or wins.
- Fast review: Most funding decisions are made within one business day.
- Quick access to funds: Money can be delivered by wire, ACH, or overnight check in as little as 24 hours.
- No monthly payments: Repayment is handled directly through your law firm at case resolution.
What Is the Pre-Settlement Funding Process?
The pre-settlement funding process works to connect an injured plaintiff to immediate financial support while their legal case is still pending. It begins once a law firm agrees to represent you and confirms that your claim has measurable value. From there, Liberty One coordinates directly with the law firm to review available records and determine whether the case qualifies for funding.
How Does Pre-Settlement Funding Work? And Can You Explain How to Get Pre-Settlement Funding Faster?
Getting pre-settlement funding usually follows a standard process, which we’ll break down below. However, how fast the process works depends on several factors, including timing and communication. Typically, the earlier you involve your law firm, the smoother the approval process should be.
Here’s how to get pre-settlement funding and keep the process efficient.
Step 1: Initial Contact
You reach out to Liberty One online or by phone. There’s no application fee or credit check, just a short conversation about your case and financial needs. A representative explains what information is needed and answers questions before any paperwork begins. This step is quick and helps keep the process moving.
Step 2: Attorney Confirmation
We reach out to your law firm to verify that you’re their client and gather basic case information, such as when the injury happened, who is likely responsible, and how much potential compensation you could recover. This step ensures all communication runs through your legal team and helps keep the process transparent. Liberty One also confirms your attorney’s fee structure so that we can arrange for repayment directly from the final settlement amount.
Step 3: Case Review
Liberty One reviews your case’s available records and evidence, such as accident reports and medical documentation, to evaluate the strength of your legal claim. The focus is on identifying the responsible party, assessing potential insurance coverage, and evaluating realistic settlement value. Approval is based on the merits of the case, not your credit, income, or employment status.
Step 4: Offer and Agreement
Once Liberty One has the necessary information, we typically make a funding decision within one business day. You receive a written agreement that clearly explains the approved amount and repayment terms. The agreement spells out that it’s non-recourse, meaning you repay only if you win or settle. Liberty One encourages you and your law firm to review the agreement before signing.
Step 5: Funding Delivery
After the agreement is fully signed and executed, funds are released by wire, ACH, or overnight check, often in as little as 24 hours or one business day. You choose the delivery method that works best for your situation. Liberty One can also send funds directly to medical providers upon request.
How Does Repayment Work?
Once your law firm resolves the case, Liberty One receives the agreed-upon amount directly from the compensation you receive. We coordinate repayment directly with your law firm, so you don’t have to handle any accounting.You never make monthly payments. You never receive late-fee notices. And you never repay funding out of pocket. Because funding is non-recourse, if the case does not succeed, you owe nothing.
FAQs
What Information Do I Need to Apply for Pre-Settlement Funding?
You’ll need your law firm’s contact information, the case type, the date of incident, and a brief injury description. Liberty One works directly with your law firm to collect supporting records.
How Long Does It Take to Receive Funding After Approval?
Once documentation is complete, funds can arrive in as little as 24 hours.
Do I Have to Repay Pre-Settlement Funding If I Lose My Case?
No. Funding is non-recourse, meaning you repay only if your law firm secures a settlement or verdict with compensation for you.
How Is the Funding Amount Determined?
We base the funding amount on the estimated compensation amount, the strength of evidence against the responsible party, and your law firm’s input regarding your financial losses and recovery potential.
Is Pre-Settlement Funding Available in Every State?
Pre-settlement funding is available in most U.S. states. Liberty One works with law firms nationwide and can confirm availability based on where your case is filed.
Contact Liberty One Legal Funding Today
We built our company for people under financial strain, not financial experts with perfect credit. Our goal is to provide stability while your case moves forward.
Clients often choose us because:
- We offer straightforward agreements with no hidden terms;
- Funding is often available within 24 hours of law firm verification;
- You get direct communication and a dedicated representative from start to finish;
- We provide medical funding options for surgeries or procedures tied to your case;
- We don’t require credit checks or monthly payments; and
- You never have to deal with compound interest.
Learn how the pre-settlement funding process can help you today. Contact Liberty One Legal Funding to speak directly with a representative who will coordinate with a law firm and deliver the support you need quickly, transparently, and with compassion.
Disclaimer: Liberty One Legal Funding is not a law firm and does not provide legal advice. Clients should consult their attorney regarding the legal aspects of their case, settlement value, or any related questions about litigation strategy. Funding decisions are based solely on case merit and attorney verification. All agreements are non-recourse, meaning repayment occurs only if the case settles or results in a recovery.