Legal funding is a unique financial product that helps consumers make ends meet while they wait for a fair settlement to be reached in their case. Consumers are required to have an existing claim and must already be represented by an attorney who must acknowledge the contract. Legal funding is a non-recourse transaction meaning they are only paid back from the proceeds of the case or claim. In the event that there are not sufficient proceeds available, the consumer does not owe anything to the legal funding company. Legal funding is sometimes the only option for financially strapped consumers.
About Legal Funding