Top 5 questions to ask about your future settlement:
- Is my future settlement a “non-recourse” advance?
Yes. This means that if they lose your case, you will not have to pay any of their fees. - What are some of the fees I can expect to pay when getting a cash advance?
Every finance companies vary. Make sure you talk to a few different ones and compare the fees. - How long would it take to get the funds?
The time frame varies within each company also. Some have a turn around time as fast as 24 hours of approval. Others can take 3-4 days. - Do I have to sell the entire expected settlement?
A lot of times, you can sell your entire settlement or just portions of it. It depends how much you currently need and how much you expect to get. - Does the advance affect the attorney’s fees?
Usually it does not. The finance companies profits are taken from the gross percentage of what is expected.