Pre-settlement funding is a financial service that provides cash advances to individuals who have filed a lawsuit and are awaiting a settlement or judgment. The process typically involves the following steps:

Application: The first step in the process is to submit an application for pre-settlement funding. This involves providing basic information about the lawsuit, the nature of the claim, and the estimated value of the settlement or judgment.

Evaluation: Once the application is received, the pre-settlement will evaluate the merits of the case to determine whether it is likely to result in a favorable settlement or judgment. 

Approval: If the case is deemed eligible for pre-settlement funding, you will be notified of the terms and conditions of the cash advance. This may include the amount of the advance, the interest rate, and any fees or charges associated with the transaction.

Funding: Once the terms are agreed upon, the cash advance will be disbursed to the applicant. This may be done via direct deposit, check, or wire transfer.

Repayment: The funding is considered a non-recourse loan, which means that the borrower is only required to repay the advance if they win the lawsuit. If the case is unsuccessful, the borrower is typically not responsible for repaying the advance.