Legal Funding Resources

Welcome to Our Legal Dictionary

100% to trial	Willingness level of the defendant in a lawsuit to settle the case before trial is so low that the lawsuit will almost definitely go to trial. Lawsuit funding example: if the lawsuit loan company determines that the willingness level of the defendant to settle is 100% to trial, the lawsuit loan company may advance less cash in the lawsuit loan than if the defendant was willing to settle because of the risks in going to trial. See lawsuit cash advance, lawsuit funding, pre settlement funding & lawsuit loan.
accident lawsuit cash advance	A transaction between a plaintiff and a pre settlement funding company where the plaintiff receives cash today in exchange for paying a higher amount back in the future when the lawsuit resolves. Lawsuit loan example: to receive an accident lawsuit cash advance from a lawsuit loan company, a plaintiff will need cooperation from the plaintiff’s attorney. See lawsuit cash advance, lawsuit funding, and pre settlement funding.
accident lawsuit funding	A transaction between a plaintiff and a pre settlement funding company where the plaintiff receives cash today in exchange for paying a higher amount back in the future when the lawsuit resolves. Lawsuit loan example: to receive an accident funding from a lawsuit loan company, a plaintiff will need cooperation from the plaintiff’s attorney. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
accident lawsuit loan	A transaction between a plaintiff and a pre settlement funding company where the plaintiff receives cash today in exchange for paying a higher amount back in the future when the lawsuit resolves. Lawsuit loan example: to receive an accident lawsuit loan from a lawsuit loan company, a plaintiff will need cooperation from the plaintiff’s attorney. See lawsuit loan, lawsuit funding and pre settlement funding.
accident pre settlement funding	A transaction between a plaintiff and a pre settlement funding company where the plaintiff receives cash today in exchange for paying a higher amount back in the future when the lawsuit resolves. Lawsuit loan example: to receive an accident pre settlement funding from a lawsuit loan company, a plaintiff will need cooperation from the plaintiff’s attorney. See pre settlement funding, lawsuit funding, lawsuit loan, and lawsuit cash advance.
accident report	In a lawsuit, the official report that describes the accident that occurred and details the names of the plaintiff and defendant. Lawsuit loan example: a pre settlement funding company will need to see the accident report to determine the liability of the defendant to make a lawsuit loan. For a motor vehicle lawsuit, the accident report is the police report. See lawsuit funding, lawsuit loan, police report, incident report, lawsuit cash advance and pre settlement funding.
accrue	Growing or adding to, such as interest on a loan or investment which continues to accumulate. Lawsuit loan example: for a lawsuit loan or lawsuit cash advance, interest may accrue on a daily basis. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
acknowledgement	A declaration or avowal of one’s act or a fact to give it legal validity. Lawsuit funding example: for a lawsuit loan or lawsuit cash advance, the plaintiff’s attorney may have to sign an acknowledgement at the end of the lawsuit funding contract that states that the attorney has explained the lawsuit funding to the plaintiff and has agreed to pay the lawsuit funding company from the proceeds of the lawsuit. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
acknowledgement from borrower’s counsel	For a lawsuit loan, an acknowledgement at the end of the lawsuit loan contract that states that the plaintiff attorney has explained the lawsuit loan to the plaintiff and has agreed to pay the lawsuit loan company from the proceeds of the lawsuit. Any legitimate lawsuit loan company will require an acknowledgement from borrower’s counsel. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
acknowledgement from seller’s counsel	For a lawsuit cash advance, an acknowledgement at the end of the lawsuit cash advance contract that states that the plaintiff attorney has explained the lawsuit cash advance to the plaintiff and has agreed to pay the lawsuit cash advance company from the proceeds of the lawsuit. Any legitimate pre settlement funding company will require an acknowledgement from seller’s counsel. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
action	A lawsuit in which one or more persons (or parties) sues another including all applicable proceedings, proceedings on appeal or remand, enforcement, ancillary, parallel, or alternative dispute resolution proceedings, and processes arising out of or relating to such case; © any other proceedings founded on the underlying facts giving rise to such case in which person is a party; and (d) any arrangements made with person by or among any other party to such case which resolves any of the person’s claims against any such other party. Lawsuit loan example: a pre settlement funding company will need to have a lien or rights to the proceeds of the plaintiff’s action to give the plaintiff cash in a lawsuit loan or lawsuit cash advance. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
actual damages	Damages deemed to compensate the injured party for losses sustained as a direct result of the injury suffered. Lawsuit loan example: a pre settlement funding company will need to know the amount of actual damages from an accident such as medical expenses and wage loss to do a lawsuit loan or lawsuit cash advance. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
actuarial method	In calculating the annual percentage rate (apr) of a loan, the amount financed is increased by the finance charge earned during each loan period and is decreased by the total payment (if any) made at the end of that period. Lawsuit loan example: to calculate the annual percentage rate (apr) for a lawsuit loan, a pre settlement funding company will need to add any interest earned in a monthly period to the balance of the lawsuit loan when calculating the apr. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
admission	A statement made by a party to a lawsuit defendant, usually prior to trial, that certain facts are true. In personal injury cases, each party is permitted to submit a written list of alleged facts and request the other party to admit or deny whether each is true or correct. Failure to respond in writing is an admission of the alleged facts and may be used in trial. Lawsuit loan example: a pre settlement funding company will ask if there have been any admissions by the defendant of the lawsuit when evaluating a lawsuit loan. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
admit	To state something is true in answering a complaint filed in a lawsuit. The defendant will admit or deny each allegation in his or her answer filed with the court. If he or she agrees and states that he/she did what he/she is accused of, then the allegation need not be proved in trial. Lawsuit loan example: a pre settlement funding company will ask if the defendant has admitted to liability in the lawsuit when evaluating a lawsuit loan. If the defendant has admitted to liability, it is a positive fact in evaluating the lawsuit loan for funding. See lawsuit cash advance, lawsuit funding, pre settlement funding & lawsuit loan.
admitted liability	In a lawsuit, the defendant has admitted liability in the case or does not dispute its liability in the case. Lawsuit loan example: a pre settlement funding company will ask if the defendant has admitted liability in the lawsuit when evaluating a lawsuit loan. If the defendant has admitted liability, it is a positive fact in evaluating the lawsuit loan for funding. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
advance cash in lawsuit	A transaction between a plaintiff and a pre settlement funding company where the plaintiff receives cash today in exchange for paying a higher amount back in the future when the lawsuit resolves. Lawsuit loan example: to receive an advance cash in lawsuit from a lawsuit loan company, a plaintiff will need cooperation from the plaintiff’s attorney. See lawsuit funding, lawsuit loan, advance cash lawsuit pending, lawsuit cash advance and pre settlement funding.
advance cash lawsuit pending	A transaction between a plaintiff and a pre settlement funding company where the plaintiff receives cash today in exchange for paying a higher amount back in the future when the lawsuit resolves. Lawsuit loan example: to receive an advance cash lawsuit pending from a lawsuit loan company, a plaintiff will need cooperation from the plaintiff’s attorney. See lawsuit cash advance, lawsuit funding, advance cash in lawsuit, lawsuit loan, lawsuit cash advance and pre settlement funding.
advance to value	Also known as atv. The amount of cash a lawsuit funding company will advance on a lawsuit compared to the lawsuit funding company’s valuation of the case. Lawsuit cash advance example: in most circumstances, the lawsuit funding company will not advance more than 10% of the valuation of the case in a lawsuit cash advance. For example, if the lawsuit funding company believes the lawsuit is worth $100,000, the lawsuit funding company will not advance more than $10,000 of cash to the plaintiff to keep an advance to value of 10%. See lawsuit cash advance, lawsuit funding, atv, pre settlement funding & lawsuit loan.
advance-to-value	Also known as atv. The amount of cash a lawsuit funding company will advance on a lawsuit compared to the lawsuit funding company’s valuation of the case. Lawsuit cash advance example: in most circumstances, the lawsuit funding company will not advance more than 10% of the valuation of the case in a lawsuit cash advance. For example, if the lawsuit funding company believes the lawsuit is worth $100,000, the lawsuit funding company will not advance more than $10,000 of cash to the plaintiff to keep an advance-to-value of 10%. See lawsuit cash advance, lawsuit funding, atv, pre settlement funding & lawsuit loan.
affidavit	Any written document in which the signer swears under oath before a notary public or someone authorized to take oaths (like a county clerk), that the statements in the document are true. Lawsuit loan example: a pre settlement funding company may require an affidavit from the plaintiff attorney concerning certain facts on the lawsuit to evaluation a lawsuit loan. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
age discrimination lawsuit	A lawsuit where the plaintiff is claiming that his/her employer (the defendant) demonstrated bias, prejudice, favoritism, inequity, bigotry, unfairness or intolerance toward the plaintiff at his/her place of work based on the age of the plaintiff. Lawsuit loan example: typically, a pre settlement funding company will need the plaintiff to have filed an ecoc complaint prior to considering an age discrimination lawsuit for a lawsuit loan. See pre settlement funding, age employment discrimination lawsuit, lawsuit funding, lawsuit loan and lawsuit cash advance.
age discrimination lawsuit cash advance	Lawsuit cash advance to a plaintiff for an age discrimination lawsuit. See lawsuit funding, age discrimination lawsuit, lawsuit cash advance and pre settlement funding.
age discrimination lawsuit funding	Lawsuit funding to a plaintiff for an age discrimination lawsuit. See lawsuit funding, lawsuit cash advance, age discrimination lawsuit, lawsuit loan and pre settlement funding.
age discrimination lawsuit loan	Lawsuit loan to a plaintiff for an age discrimination lawsuit. See lawsuit funding, lawsuit loan, age discrimination lawsuit, and pre settlement funding.
age discrimination pre settlement funding	Pre settlement funding to a plaintiff for an age discrimination lawsuit. See lawsuit cash advance, age discrimination lawsuit, pre settlement funding, lawsuit funding and lawsuit loan.
age employment discrimination lawsuit	A lawsuit where the plaintiff is claiming that his/her employer (the defendant) demonstrated bias, prejudice, favoritism, inequity, bigotry, unfairness or intolerance toward the plaintiff at his/her place of work based on the age of the plaintiff. Lawsuit loan example: typically, a pre settlement funding company will need the plaintiff to have filed an ecoc complaint prior to considering an age employment discrimination lawsuit for a lawsuit loan. See pre settlement funding, age discrimination lawsuit, lawsuit funding, lawsuit loan and lawsuit cash advance.
age employment discrimination lawsuit cash advance	Lawsuit cash advance to a plaintiff for an age employment discrimination lawsuit. See lawsuit funding, age employment discrimination lawsuit, lawsuit cash advance and pre settlement funding.
age employment discrimination lawsuit funding	Lawsuit funding to a plaintiff for an age employment discrimination lawsuit. See lawsuit funding, lawsuit cash advance, age employment discrimination lawsuit, lawsuit loan and pre settlement funding.
age employment discrimination lawsuit loan	Lawsuit loan to a plaintiff for an age employment discrimination lawsuit. See lawsuit funding, lawsuit loan, age employment discrimination lawsuit, and pre settlement funding.
age employment discrimination pre settlement funding	Pre settlement funding to a plaintiff for an age employment discrimination lawsuit. See lawsuit cash advance, age employment discrimination lawsuit, pre settlement funding, lawsuit funding and lawsuit loan.
agreement	Another name for a contract including all the elements of a legal contract: offer, acceptance, and consideration (payment or performance), and based on specific terms. Lawsuit loan example: to receive a lawsuit loan from a pre settlement funding company, a plaintiff will have to sign a loan agreement. Lawsuit cash advance example: to receive a lawsuit cash advance from a pre settlement funding company, a plaintiff will have to sign a purchase agreement. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
airplane common carrier lawsuit	A lawsuit where the plaintiff is claiming injury in an accident with an airplane. Lawsuit loan example: typically, a pre settlement funding company may offer reduced pricing for a lawsuit loan for a motor vehicle accident that results in an airplane common carrier lawsuit. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
airplane common carrier lawsuit cash advance	Lawsuit funding company makes a lawsuit cash advance to a plaintiff for an airplane common carrier lawsuit. See lawsuit cash advance, pre settlement funding, lawsuit funding, airplane common carrier lawsuit and lawsuit loan.
airplane common carrier lawsuit funding	Lawsuit funding company makes a lawsuit funding to a plaintiff for an airplane common carrier lawsuit. See lawsuit cash advance, airplane common carrier lawsuit, pre settlement funding, lawsuit funding and lawsuit loan.
airplane common carrier lawsuit loan	Lawsuit funding company makes a lawsuit loan to a plaintiff for an airplane common carrier lawsuit. See lawsuit cash advance, pre settlement funding, airplane common carrier lawsuit, lawsuit funding and lawsuit loan.
airplane common carrier pre settlement funding	Lawsuit funding company makes a pre settlement funding to a plaintiff for an airplane common carrier lawsuit. See airplane common carrier lawsuit, lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
airplane lawsuit	A lawsuit where the plaintiff is claiming injury in an accident with an airplane. Lawsuit loan example: typically, a pre settlement funding company may offer reduced pricing for a lawsuit loan for a motor vehicle accident that results in an airplane common carrier lawsuit. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
airplane lawsuit cash advance	Lawsuit funding company makes a lawsuit cash advance to a plaintiff for an airplane common carrier lawsuit. See lawsuit cash advance, pre settlement funding, lawsuit funding, airplane common carrier lawsuit and lawsuit loan.
airplane lawsuit funding	Lawsuit funding company makes a lawsuit funding to a plaintiff for an airplane common carrier lawsuit. See lawsuit cash advance, airplane common carrier lawsuit, pre settlement funding, lawsuit funding and lawsuit loan.
airplane lawsuit loan	Lawsuit funding company makes a lawsuit loan to a plaintiff for an airplane common carrier lawsuit. See lawsuit cash advance, pre settlement funding, airplane common carrier lawsuit, lawsuit funding and lawsuit loan.
airplane pre settlement funding	Lawsuit funding company makes a pre settlement funding to a plaintiff for an airplane common carrier lawsuit. See airplane common carrier lawsuit, lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
alabama law	The laws of the state of alabama as they relate to lawsuit funding. Lawsuit funding example: in the state of alabama, pre settlement funding companies may fund a lawsuit cash advance for most lawsuits and will likely fund a lawsuit cash advance for a worker’s compensation lawsuit. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
alabama lawsuit cash advance	Lawsuit cash advance to a plaintiff in the state of alabama. Lawsuit loan example: most lawsuit cash advance companies operate nationwide. When you want to do a lawsuit cash advance, it is not necessary to find a lawsuit cash advance company in your state but instead find a lawsuit cash advance company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See alabama law, lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
alabama lawsuit funding	Lawsuit funding to a plaintiff in the state of alabama. Lawsuit loan example: most lawsuit funding companies operate nationwide. When you want to do a lawsuit funding, it is not necessary to find a lawsuit funding company in your state but instead find a lawsuit funding company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See lawsuit cash advance, alabama law, pre settlement funding, lawsuit funding and lawsuit loan.
alabama lawsuit loan	Lawsuit loan to a plaintiff in the state of alabama. Lawsuit loan example: most lawsuit loan companies operate nationwide. When you want to do a lawsuit loan, it is not necessary to find a lawsuit loan company in your state but instead find a lawsuit loan company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See lawsuit cash advance, pre settlement funding, lawsuit funding, alabama law and lawsuit loan.
alabama pre settlement funding	Pre settlement funding to a plaintiff in the state of alabama. Lawsuit loan example: most pre settlement funding companies operate nationwide. When you want to do a pre settlement funding, it is not necessary to find a pre settlement funding company in your state but instead find a pre settlement funding company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See lawsuit cash advance, pre settlement funding, alabama law, lawsuit funding and lawsuit loan.
alaska law	The laws of the state of alaska as they relate to lawsuit funding. Lawsuit funding example: in the state of alaska, pre settlement funding companies may fund a lawsuit cash advance for most lawsuits and will likely fund a lawsuit cash advance for a worker’s compensation lawsuit. See lawsuit cash advance, alaska law, pre settlement funding, lawsuit funding and lawsuit loan.
alaska lawsuit cash advance	Lawsuit cash advance to a plaintiff in the state of alaska. Lawsuit loan example: most lawsuit cash advance companies operate nationwide. When you want to do a lawsuit cash advance, it is not necessary to find a lawsuit cash advance company in your state but instead find a lawsuit cash advance company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See alaska law, lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
alaska lawsuit funding	Lawsuit funding to a plaintiff in the state of alaska. Lawsuit loan example: most lawsuit funding companies operate nationwide. When you want to do a lawsuit funding, it is not necessary to find a lawsuit funding company in your state but instead find a lawsuit funding company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See lawsuit cash advance, alaska law, pre settlement funding, lawsuit funding and lawsuit loan.
alaska lawsuit loan	Lawsuit loan to a plaintiff in the state of alaska. Lawsuit loan example: most lawsuit loan companies operate nationwide. When you want to do a lawsuit loan, it is not necessary to find a lawsuit loan company in your state but instead find a lawsuit loan company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See lawsuit cash advance, pre settlement funding, alaska law, lawsuit funding and lawsuit loan.
alaska pre settlement funding	Pre settlement funding to a plaintiff in the state of alaska. Lawsuit loan example: most pre settlement funding companies operate nationwide. When you want to do a pre settlement funding, it is not necessary to find a pre settlement funding company in your state but instead find a pre settlement funding company that has competitive rates published on its website, fast turnaround, a solid reputation for fairness and friendly customer service. See lawsuit cash advance, pre settlement funding, lawsuit funding, alaska law, and lawsuit loan.
alfa	American legal finance association (alfa), a trade association of companies that provide lawsuit loans, lawsuit cash advances, lawsuit funding and pre settlement funding. Lawsuit loan example: a plaintiff who wants a lawsuit loan should use a lawsuit loan company that uses contracts with disclosure approved by alfa. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
allegation	A statement of claimed fact contained in a complaint (a written pleading filed to begin a lawsuit). Until the statement is proved it is only an allegation. Some allegations are made “on information and belief” if the person making the statement is not sure of a fact. Lawsuit loan example: in applying for a lawsuit loan, the plaintiff’s attorney should provide the lawsuit loan company with all of the allegations against the defendant and proof of the defendant’s liability. See lawsuit cash advance, lawsuit funding, pre settlement funding & lawsuit loan.
alternative dispute resolution proceedings	A method to resolve a lawsuit that does not require a trial, such as an arbitration proceeding. Lawsuit loan example: in helping a plaintiff apply for a lawsuit loan, a plaintiff’s attorney should provide the lawsuit loan company with information on any alternative dispute resolution proceedings so that the lawsuit loan company will know the status of the case. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
amend	To alter or change by adding, subtracting, or substituting. One can amend a statute, a contract or a written pleading filed in a lawsuit. The change is usually called an amendment. The parties to a contract can amend it, and a party to a lawsuit can amend his or her own pleading. A contract can be amended only by the parties participating in the contract. If the contract is written, it can be amended only in writing. Lawsuit loan example: in helping a plaintiff apply for a lawsuit loan, a plaintiff’s attorney should provide a revised complaint to the lawsuit loan company if it has been amended. Another lawsuit loan example: the plaintiff cannot amend the terms of a lawsuit loan contract without the written signature of the lawsuit loan company. See lawsuit cash advance, lawsuit funding, pre settlement funding & lawsuit loan.
amended complaint	The name for the complaint when the plaintiff changes the complaint that he/she has filed. It must be in writing, and can be done before the complaint is served on any defendant, by agreement between the parties (usually their lawyers), or upon order of the court. Complaints are amended to correct facts, add new causes of action (lawsuit claims) or to properly plead a cause of action (the legal basis for suing) after the court has found the complaint inadequate. Lawsuit loan example: in helping a plaintiff apply for a lawsuit loan, a plaintiff’s attorney should provide the amended complaint to the lawsuit loan company. See lawsuit cash advance, lawsuit funding, pre settlement funding & lawsuit loan.
american arbitration association	Non-profit provider of alternative dispute resolution services who has developed guidelines and panels of arbiters for conducting arbitration hearings. Lawsuit loan example: if a plaintiff receives a lawsuit loan from a pre settlement funding company, the contract will likely require the plaintiff to settle any disputes with the lawsuit loan company by using arbitration rules established by the american arbitration association. See lawsuit cash advance, pre settlement funding, arbitration, lawsuit funding and lawsuit loan.
american asset finance	Company that provides lawsuit funding (also known as pre settlement funding) or acts as a broker to companies that provide lawsuit funding for plaintiffs through a lawsuit loan or lawsuit cash advance. Before selecting a lawsuit funding company, it is important to verify that the company makes the lawsuit funding itself and is not a broker who will charge you a brokerage fee from the cash of the funding. When selecting a lawsuit funding company, you should also make sure the pre settlement funding company publishes its pricing in a public place and that they inform you of any upfront fees. You should compare pre settlement funding companies by the amount of cash you will receive compared to the amount of cash you will owe at a particular point in time, as well as the annual percentage fee or annual percentage rate of the lawsuit funding. You should never select a lawsuit loan company based solely on a monthly rate because the rate does not include the cost of upfront fees. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
american legal finance association	American legal finance association (alfa), a trade association of companies that provide lawsuit loans, lawsuit cash advances, lawsuit funding and pre settlement funding. Lawsuit loan example: a plaintiff who wants a lawsuit loan should use a lawsuit loan company that uses contracts with disclosure approved by alfa. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
american legal funding	Company that provides lawsuit funding (also known as pre settlement funding) or acts as a broker to companies that provide lawsuit funding for plaintiffs through a lawsuit loan or lawsuit cash advance. Before selecting a lawsuit funding company, it is important to verify that the company makes the lawsuit funding itself and is not a broker who will charge you a brokerage fee from the cash of the funding. When selecting a lawsuit funding company, you should also make sure the pre settlement funding company publishes its pricing in a public place and that they inform you of any upfront fees. You should compare pre settlement funding companies by the amount of cash you will receive compared to the amount of cash you will owe at a particular point in time, as well as the annual percentage fee or annual percentage rate of the lawsuit funding. You should never select a lawsuit loan company based solely on a monthly rate because the rate does not include the cost of upfront fees. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
american settlement funds	Company that provides lawsuit funding (also known as pre settlement funding) or acts as a broker to companies that provide lawsuit funding for plaintiffs through a lawsuit loan or lawsuit cash advance. Before selecting a lawsuit funding company, it is important to verify that the company makes the lawsuit funding itself and is not a broker who will charge you a brokerage fee from the cash of the funding. When selecting a lawsuit funding company, you should also make sure the pre settlement funding company publishes its pricing in a public place and that they inform you of any upfront fees. You should compare pre settlement funding companies by the amount of cash you will receive compared to the amount of cash you will owe at a particular point in time, as well as the annual percentage fee or annual percentage rate of the lawsuit funding. You should never select a lawsuit loan company based solely on a monthly rate because the rate does not include the cost of upfront fees. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
amount advanced	Amount of cash that a plaintiff will receive from a lawsuit cash advance before the payment of any upfront fees to the lawsuit funding company. Lawsuit loan example: in a lawsuit cash advance, if the amount advanced is $10,000, the amount of cash that the plaintiff will receive after paying a brokerage fee ($1,000) and an application fee ($500) could be $8,500. It is always better for the plaintiff when the amount advanced of the lawsuit cash advance is equal to the cash that the plaintiff receives. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
amount financed	Amount of cash that a plaintiff will receive from a lawsuit loan before the payment of any upfront fees to the lawsuit funding company. Lawsuit loan example: in a lawsuit loan, if the amount financed is $10,000, the amount of cash that the plaintiff will receive after paying a brokerage fee ($1,000) and an application fee ($500) could be $8,500. It is always better for the plaintiff when the amount financed of the lawsuit loan is equal to the cash that the plaintiff receives. See amount of loan, lawsuit funding, lawsuit loan, lawsuit cash advance and pre settlement funding.
amount of loan	Amount of cash that a plaintiff will receive from a lawsuit loan before the payment of any upfront fees to the lawsuit funding company. Lawsuit loan example: in a lawsuit loan, if the amount of loan is $10,000, the amount of cash that the plaintiff will receive after paying a brokerage fee ($1,000) and an application fee ($500) could be $8,500. It is always better for the plaintiff when the amount of loan for the lawsuit loan is equal to the cash that the plaintiff receives. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
amount of payment	Amount of money that a plaintiff will have to pay back to the lawsuit loan company when the case resolves and there is enough cash to pay back the lawsuit loan. Lawsuit loan: the amount of payment due by the plaintiff on the lawsuit loan will include both principal and interest. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
ancillary	Serving as a supplement or an addition. Lawsuit loan: in helping a plaintiff apply for a lawsuit loan, a plaintiff’s attorney should provide any ancillary documents to the lawsuit loan company. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
ancillary proceedings	Any additional or supplementary legal filing, hearing, trial and/or judgment in the ongoing conduct of a lawsuit. Lawsuit loan: in helping a plaintiff apply for a lawsuit loan, a plaintiff’s attorney should inform the lawsuit loan company of any ancillary proceedings in the case. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
annual percentage fee	The annual percentage fee, also known as the apf, is a measurement used by lawsuit loan companies that allows you to see the total cost of your lawsuit loan as a yearly rate, including brokerage fees, application fees and other upfront fees. The apf allows a plaintiff to compare different types of lawsuit loans based on the annual cost for each lawsuit loan. Lawsuit loan companies are required by law to show you a lawsuit loan’s apf, but not all lawsuit loan companies use the same formula to calculate the apf. Because of this, an apf comparison between lawsuit loan companies can be misleading. Be sure that you’re comparing similar terms whenever you compare two different apf quotes for lawsuit loans. Lawsuit loan example: a plaintiff should make sure that the annual percentage fee calculation for a lawsuit loan includes all of the upfront costs of the lawsuit loan. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
annual percentage rate	The annual percentage rate, also known as the apr, is a measurement used by lawsuit loan companies that allows you to see the total cost of your lawsuit loan as a yearly rate, including brokerage fees, application fees and other upfront fees. The apr allows a plaintiff to compare different types of lawsuit loans based on the annual cost for each lawsuit loan. Lawsuit loan companies are required by law to show you a lawsuit loan’s apr, but not all lawsuit loan companies use the same formula to calculate the apr. Because of this, an apr comparison between lawsuit loan companies can be misleading. Be sure that you’re comparing similar terms whenever you compare two different apr quotes for lawsuit loans. Lawsuit loan example: a plaintiff should make sure that the annual percentage rate calculation for a lawsuit loan includes all of the upfront costs of the lawsuit loan. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
annual percentage yield	The annual percentage yield, also known as the apy, is a measurement used by lawsuit loan companies that allows you to see the total cost of your lawsuit loan as a yearly rate, including brokerage fees, application fees and other upfront fees. The apy allows a plaintiff to compare different types of lawsuit loans based on the annual cost for each lawsuit loan. Lawsuit loan companies are required by law to show you a lawsuit loan’s apy, but not all lawsuit loan companies use the same formula to calculate the apy. Because of this, an apy comparison between lawsuit loan companies can be misleading. Be sure that you’re comparing similar terms whenever you compare two different apy quotes for lawsuit loans. Lawsuit loan example: a plaintiff should make sure that the annual percentage yield calculation for a lawsuit loan includes all of the upfront costs of the lawsuit loan. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
annual return	The increase in value of an investment or loan, expressed as a percentage per year. If the annual return is expressed as annual percentage yield, then the number takes into account the effects of compounding interest. If it is expressed as annual percentage rate, then the annual rate will usually not take into account the effect of compounding interest. Lawsuit loan example: a contract for a lawsuit loan should disclose the annual percentage rate of the lawsuit loan and not the annual return. See lawsuit cash advance, lawsuit funding, pre settlement funding & lawsuit loan.
annuities	An amount payable at regular intervals (as yearly or quarterly) for a certain period of time. Lawsuit loan example: a lawsuit loan company typically does not finance the annuity payments of a structured settlement if the annuity payments are for several years. Instead, a pre settlement funding company may provide a lawsuit loan for a lawsuit that is not settled or a lawsuit that will pay a lump sum within one year. See annuity, lawsuit funding, lawsuit loan, lawsuit cash advance and pre settlement funding.
annuity	An amount payable at regular intervals (as yearly or quarterly) for a certain period of time. Lawsuit loan example: a lawsuit loan company typically does not finance the annuity payments of a structured settlement if the annuity payments are for several years. Instead, a pre settlement funding company may provide a lawsuit loan for a lawsuit that is not settled or a lawsuit that will pay a lump sum within one year. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
answer	A written pleading filed by a defendant to respond to a complaint in a lawsuit filed and served upon that defendant. An answer generally responds to each allegation in the complaint by denying or admitting it. Sometimes the answer is in the form of a “general denial,” denying everything. If the complaint is verified as under penalty of perjury, the answer must be also. Lawsuit loan example: in helping a plaintiff apply for a lawsuit loan, a plaintiff’s attorney should provide the answer from the defendant to the lawsuit loan company. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
apf	The annual percentage fee, also known as the apf, is a measurement used by lawsuit loan companies that allows you to see the total cost of your lawsuit loan as a yearly rate, including brokerage fees, application fees and other upfront fees. The apf allows a plaintiff to compare different types of lawsuit loans based on the annual cost for each lawsuit loan. Lawsuit loan companies are required by law to show you a lawsuit loan’s apf, but not all lawsuit loan companies use the same formula to calculate the apf. Because of this, an apf comparison between lawsuit loan companies can be misleading. Be sure that you’re comparing similar terms whenever you compare two different apf quotes for lawsuit loans. Lawsuit loan example: a plaintiff should make sure that the annual percentage fee calculation for a lawsuit loan includes all of the upfront costs of the lawsuit loan. See pre settlement funding, lawsuit funding, lawsuit loan and lawsuit cash advance.
appeal	A proceeding in which a case is brought before a higher court for review of a lower court's judgment for the purpose of convincing the higher court that the lower court's judgment was incorrect. Lawsuit loan example: in helping a plaintiff apply for a lawsuit loan on a case with a judgment, a plaintiff’s attorney should provide any appeals filed by the defendant to the lawsuit loan company. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
appealed case	A case brought before a higher court for review of a lower court's judgment for the purpose of convincing the higher court that the lower court's judgment was incorrect. Lawsuit loan example: a pre settlement funding company will typically want to review any documents on the appeal when reviewing an appealed case for a lawsuit loan. See lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
appealed case lawsuit cash advance	Lawsuit cash advance to a plaintiff for an appealed case. See appealed case, lawsuit cash advance, pre settlement funding, lawsuit funding and lawsuit loan.
appealed case lawsuit funding	Lawsuit funding to a plaintiff for an appealed case. See lawsuit cash advance, appealed case, pre settlement funding, lawsuit funding and lawsuit loan.
appealed case lawsuit loan