Pre-settlement funding can serve as a critical lifeline to a plaintiff involved in lengthy litigation. Lawsuit loans come with interest, and in a lengthy lawsuit a plaintiff could lose out on much or all their settlement and so there are numerous factors to consider if pre-settlement funding is right for you.
The National Law Review (NLR), interviewed Mark Berookim (MB), a principal and co-founder of High Rise Financial LLC, a multi-state legal funding company about issues to consider if you’re thinking about taking out a lawsuit loan and what it could mean for your settlement and finances. The NLR thanks Mark for his insights and opinions.