Pre-settlement funding has become more prominent with the rise in lawsuits. With the numerous companies that offer these loans, you may be wondering how this works and how it could benefit you. If you need a quick loan, pre-settlement funding has many options available to choose from.

If you are considering getting pre-settlement funding, you may be wondering if you need your attorney’s permission. The answer is maybe. It depends on your state’s laws and your attorney’s agreement with you.

Some states require that your attorney sign off on the funding, while others do not. If unsure, it is best to check with your attorney beforehand. This blog will explore why and when you need your attorney’s permission for pre-settlement funding. Let’s check out.

What Is Pre-Settlement Funding

Pre-settlement funding is a specialized lending service which enables people who have claim settlements or lawsuit outcomes pending to receive funds now. This financial assistance provides a bridge so that legal cases can go all the way through the litigation process no matter how long it takes, knowing that money is available if and when it’s needed.

Presettlement funding comes as a nifty lifeline for those who are facing long court battles, providing much needed financial relief and support throughout the process. It essentially acts as an advance against any future settlement or jury verdict and allows you to continue taking control of the situation even after you’ve initiated the lawsuit. In addition to offering you peace of mind during a stressful period of life, it also keeps you from having to borrow from friends, family, or unknown lenders.

Funding companies will typically review the details of the plaintiff’s case and provide an estimate of the amount of funding that they may be able to provide. Another way to obtain pre-settlement funding is to work with a lawyer who offers this type of funding to their clients. 

If you are considering obtaining pre-settlement funding, it is important to understand how this type of funding works and what the repayment terms may be. Pre-settlement funding is not a loan, and does not need to be repaid if the plaintiff does not win their case. 

However, if the plaintiff does win their case, the funding company will typically be repaid from the proceeds of the settlement or verdict. The repayment terms will vary depending on the company you work with, so it is important to understand these terms before you agree to receive funding.

Why there Is a Need for Attorney’s Permission to Get Pre-Settlement Funding

Here are a few main justifications why obtaining pre-settlement funding need the consent of an attorney. First and foremost, the attorney is typically handling the case and is, therefore, in the best position to know the facts and the estimated settlement value.

Secondly, the attorney can provide the settlement funding company with important information about the strength of the case that can help them decide to approve funding.

Finally, the attorney’s permission is needed to protect the client’s best interests. After all, the client is the one who will ultimately be responsible for repaying the settlement funding company if the case is unsuccessful.  It is always prudent to have a lawyer oversee the legality and paperwork involved with presettlement funding.

When You Need an Attorney’s Permission to Get Pre-Settlement Funding

If an attorney in your injury case represents you, you may wonder if you need your attorney’s permission to get pre-settlement funding. The answer to this question depends on your particular situation and your agreement with your attorney.

If you have a contingency fee agreement with your attorney, you likely do not need your attorney’s permission to get pre-settlement funding. The funding company will pay your attorney out of your settlement proceeds.

However, if you have an hourly fee agreement with your attorney, you will probably need your attorney’s permission to get funding. The funding company will pay your attorney directly for their time working on your case.

Secondly, if your case is not filed or set for trial, you will still need the attorneys’ permission to receive pre-settlement funding. This is because it will be up to them whether they will allow you to obtain this compensation.

If your case has already been set for trial and you have already filed your claim with the court, then you can receive pre-settlement funding without asking anyone for permission.

In either situation, it is always best to consult your attorney before getting pre-settlement funding. They can advise you on your case’s best course of action.

How to Get Pre-Settlement Funding Without Attorney Permission

There are a few ways to get pre-settlement funding without attorney permission. One way is to work with a funding company that does not require attorney permission. There are a few of these companies, so finding one should not be too difficult.

Another way to get funding without attorney permission is to use a service that connects plaintiffs with funding companies. These services typically do not require attorney permission either. Finally, some plaintiffs choose to get funding by using a credit card. While this is not the ideal way to get financing, it is an option for those who cannot get funding any other way.

Things to Remember While Taking Pre-Settlement Funding

There are a few things to remember when taking per-settlement funding. First, it’s essential to understand the terms of the funding agreement. Make sure you know how much money you’re receiving and when you’re required to repay it. Knowing any fees or interest charged on pre-settlement loans is also essential.

Second, per-settlement funding is typically only available for personal injury cases. If your claim is unsuccessful, you may still be required to repay the loan. Discuss this with your funding company before taking out a loan.

Third, be sure to keep track of all documentation related to your case. This includes medical records, police reports, and any other supporting documentation. This will be important if you need to provide proof of your injuries to the funding company.

Fourth, ensure you budget for your living expenses while your case is pending. Per-settlement funding can take some time, and you don’t want to be left in a financial bind. Set aside money for rent, food, and other essentials while you settle your case.

Taking per-settlement funding can be a great way to get the money you need to cover your expenses while your case is pending. Just be sure to remember these things before you take out a loan.


Pre-settlement funding can provide a much-needed financial boost during long legal battles. To ensure that pre-settlement funding is the best option for you, it’s important that you discuss it with your attorney before moving forward. 

Don’t be afraid to ask questions, so that you can make an informed decision while ensuring that your finances are secure. With pre-settlement funding, you can stay in control of the outcome of your case and get the justice that you deserve.