Lawsuit loans are different from traditional loans because you have no personal liability to repay the loan. If you win your case, your attorney will give us the portion of the settlement we are due. If you lose your case for any reason, the money is yours to keep – no strings attached!
This is called “non-recourse” funding. Many plaintiffs find this helpful because they are unable to cover expenses while injured and perhaps out of work. It is tough to know how long it will take to reach a fair settlement, so it is important to find litigation loans with the lowest rate possible.