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Post Settlement Funding
Lowest Cost & Same Day
Settled Case Funding
Post Settlement Funding grants you access to your cash in 3 easy steps.
- Step 1: You Apply
- Step 2: We Review
- Step 3: You Get Funding
Apply now
Need cash before your case settles? There is no fee to apply, and you owe us nothing if you lose your case. Questions? Call us at 844-544-3863.
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What Is Post-Settlement Funding?
Post-settlement funding involves a loan given to individuals who have been awarded a cash settlement for their personal injury case but have not yet received a check.
It’s common for an insurance company or other entity to delay payment on a settlement. Insurance companies usually need to follow an administrative procedure before they can advance proceeds for a successful claim.
Obtaining post-settlement funding can provide immediate cash to pay your outstanding bills and put you in a better financial position while awaiting your entire settlement.
Post-settlement cash advances are available for all types of personal injury cases and commercial litigation, including cases involving medical malpractice, civil rights, and auto accidents. Other types of cases may qualify as well.
What Is the Difference Between Pre-Settlement and Post-Settlement Funding?
Pre-settlement funding is a type of lawsuit funding that involves obtaining a cash advance based on the expected value of a settlement. Most pre-settlement funding occurs well before a case is settled through the legal process.
To get pre-settlement loans, the accident victim and their attorney must provide the funding company with information related to a current lawsuit.
Information commonly requested includes documentation of the court filing, information on how an injury occurred, and details from the treating doctor, such as hospital and medical records. The law firm is heavily involved in the approval process to obtain the loan and may be asked to provide an expected value for the settlement.
Based on the information provided, lending specialists and the underwriting team review the facts to determine how much money can be provided through pre-settlement loans. The loan amount is determined entirely based on the case — no credit check is required. Typically, the amount of legal funding is up to 20% of the expected value of the settlement.
A post-settlement lawsuit loan is available after a settlement agreement has already been reached. Suppose the insurance company is dragging its feet on payment or other factors prevent an accident victim from obtaining the compensation for their settled case. In that situation, a post-settlement loan can help ease the financial burden.
The application process for obtaining post-settlement funding is similar to a lawsuit loan. The plaintiffs involved will need to fill out an online application and provide information relating to the case, including court documents, medical records, and copies of the settlement award.
The attorney for the plaintiff will also be required to speak to the funding specialists regarding the circumstances of the case. Once Stonewood Funding has all of the information needed for the application process, we will determine whether you qualify for post-settlement loans.
Following application approval, a loan agreement outlining the terms and conditions of the loan will be provided. Once both the plaintiff and the attorney have signed the loan agreement, the loan will be deposited into the plaintiff’s bank account for a fast cash advance.
How It Works: Just 3 Easy Steps!
Post settlement funding grants you a cash advance on your settled case.
Step 2: We Review
We review your application and evaluate your case with your attorney.
Step 3: Get Funding
You receive your cash almost immediately after approval.
Post Settlement Funding Company
The legal system isn’t particularly known for speed. Obtaining a settlement award for a personal injury case can take months, if not years.
In the meantime, you may be in a sticky financial position, trying to cover your general living expenses and medical bills. In such situations, many people turn to pre-settlement funding to obtain the money they need to pay bills.
Even once you’ve obtained a lawsuit settlement award, it can take time to get your money. Insurance companies and courts can further hold up your settlement check, leaving you wondering how you will make your mortgage payments and pay other upfront expenses and bills.
Fortunately, post-settlement funding is available. Funding companies provide post-settlement loans based on the value of your settlement after your court case has concluded. You can use post-settlement financing to meet your monetary needs while waiting for your settlement check to arrive — regardless of how long it takes for you to get paid what you are owed.
How Do I Obtain Post-Settlement Funding?
The process to obtain post-settlement lawsuit funding is quick and easy.
Step 1: Fill Out the Online Application
You can start the process by filling out our online application on the Stonewood Funding website. To do this, you’ll need to provide us with basic information, including your name, phone number, your attorney’s information, and the type of lawsuit you have filed.
If you prefer to speak to one of our loan specialists instead of beginning the process online, you can call Stonewood Funding at 844-544-3863.
Step 2: Notify Your Attorney of Your Application
You’ll need to inform your attorney that you have applied for a post-settlement cash advance through Stonewood Funding. Notifying your attorney prepares them to answer questions we will have about your case.
Attorneys cannot discuss a case with third parties unless you allow it, so having your approval speeds up the process.
Step 3: Arrange for Your Attorney to Contact Stonewood Funding
In most cases, it’s easiest for you to have your attorney contact us in regards to your post-settlement funding. Attorneys are often very busy attending to other clients and cases. It can be challenging to reach them at a convenient time. You can speed up the process by asking them to call Stonewood Funding regarding your legal funding cash advance.
Step 4: Provide Us with Information Related to Your Settled Case
Next, you and your attorney will need to provide us with information regarding your case.
Details required for post-settlement funding include your case settlement amount, facts on who is responsible for paying you, and the circumstances of your lawsuit.
Step 5: Sign the Post-Settlement Funding Loan Agreement
Before we can transfer your lump-sum cash payment to your bank account, you and your attorney will need to review and approve the loan agreement.
The loan agreement includes the terms and conditions of your post-settlement funding, including the amount provided, interest charges, and repayment details.
Once we receive the signed contract, we can begin the money transfer process.
Step 6: Receive Your Post-Settlement Funding
We’ll transfer the funds into your bank account via direct deposit when we receive your signed legal funding agreement.
In most cases, you can receive the money you need within one business day. We’ll let you know as soon as the cash advance is sent.
Rent won’t wait for your settlement. Why should you?
Case Types We Fund
Medical Devices
Pharmaceutical Drugs
Civil Rights
Product Liability
Why Fund Your Settled Case with Stonewood Funding?
Stonewood Funding makes it easy to obtain the post-settlement cash you need without having to go through a lot of hoops to get it. Our post-settlement loans can be obtained quickly and conveniently. In some cases, you may be able to receive the money you need the same day you apply.
Our lending process does not require a credit check. Thus, you don’t need to worry about qualifying for post-settlement funding if you have bad credit. Your qualification for the loan is determined entirely by the type of case you have filed, whether you have an attorney, and the settlement amount awarded to you.
At Stonewood, we make it as easy as possible to obtain the money that you need through our streamlined online application process. Once we receive the information required to process your loan and your signed agreement, we will immediately transfer the funds to your bank account.
Our friendly lending specialists work with personal injury victims daily, and we realize how traumatic recovering from an injury can be. We are here for you every step of the way to get you on the road to financial and physical recovery.
Don’t delay — apply online or contact our office at 844-544-3863 to begin your post-settlement loan application process today!
Frequently Asked Questions
How Does Post-Settlement Funding Work?
Post-settlement funding is a simple process that involves applying for legal funding from a provider. Once your application is received, Stonewood Funding will work with you and your attorney to obtain the information we need to provide you with a loan.
We will need information regarding the facts and circumstances of your case, including your settlement amount and court documents. Our loan specialists will provide a list of the details we need to underwrite your loan and get you the money you need as soon as possible.
Once we have finalized your loan and you and your attorney have signed the post-settlement agreement, we will send your cash advance proceeds directly to your bank account. Typically, funds are available within a day of finalizing your loan and in some cases, may be obtained on the same business day.
No monthly installments are required during the course of your post-settlement funding. The money from your loan will be sent directly to us by your attorney once they receive your post-settlement check.
Having your attorney handle the administrative process of repaying your legal funding eases the burden on you, so you can concentrate on recovering from your injuries and taking care of your other responsibilities.
What Cases Qualify for Post-Settlement Funding?
Most settled cases are eligible for post-settlement funding. Common types of cases that we can provide funding for include:
- Defective drugs
- Auto accidents
- Police brutality
- Premises liability/slip and fall
- Product liability
- Whistleblower protection
- Defective medical devices
- Assault and battery
- Medical malpractice
If you don’t see your type of case listed, contact us at 844-544-3863. We will let you know if your case is eligible for lawsuit funding.
How Much Does Post-Settlement Funding Cost?
Since you’ve already been awarded an established settlement amount, post-settlement funding is much cheaper than pre-settlement funding, where the outcome of a case is uncertain.
At Stonewood Funding, we offer the lowest interest rates available on cases that have already been settled and are simply waiting for administrative tasks to be completed before settlement money is issued. In addition to interest, costs associated with the origination of the loan and underwriting may also be charged.
Review the terms and conditions of your loan contract to ensure that you understand the fees and requirements for obtaining a loan with Stonewood Funding. Of course, if you have questions, we will be more than happy to answer them.
How Can I Use the Money from My Post-Settlement Loan?
You can use your money to pay for your medical bills, living expenses, mortgage payments, and any other bills. There are no stipulations that prevent you from using the loan in any way that you see fit.
In most cases, you will be able to receive funding for up to 50% of your approved lawsuit settlement. This cash can make it easy to get on top of your finances that have likely suffered since you were injured.
Overcoming your financial burdens can be a considerable boost that can reduce emotional stress and get you on the way to recovering from the economic and physical impact of your injuries.
What Is the Maximum Amount I Can Obtain Through Post-Settlement Funding?
The amount that you can obtain through settlement funding will vary depending on your personal circumstances and lawsuit settlement. In some cases, we can provide you with funds worth up to 50% of your settlement value.
Once you begin the application process, we’ll be able to provide you with an estimate of how much money you can obtain from a post-settlement loan. Our helpful loan specialists are here to support you every step of the way.
What If I Don't Know How Long It Will Take to Obtain My Settlement?
If you’re unsure how long it will take to obtain your settlement, that’s okay. Our lending team will speak with your attorney to get the details we need to start your application process. We realize that insurance companies and other entities can be slow in providing you with a settlement check.
Various administrative tasks must be completed before most settlement checks can be issued. Sometimes, it may be several months until your case is fully finalized. We consider the timing of your settlement check when determining the amount we can provide you.