How Does Pre-Settlement Funding Work?
USClaims specializes in assisting personal injury victims with mature claims and confirmed insurance.
Financial support is provided up front at some of the lowest rates in the industry and with no risk – no recovery means no repayment.
After submitting a request, your dedicated USClaims representative will review it. Once approved, we’ll send you a purchase agreement, and you’ll receive the cash you need in 24 business-day hours.
Basically, this is how it works: USClaims will purchase an interest in the proceeds of your case and pay in cash for that interest when your purchase agreement is signed. In turn, USClaims is paid for our interest when the case concludes.
The amount paid to USClaims comes directly out of the proceeds of your case. The purchase agreement authorizes your attorney to pay USClaims directly.
Your individual purchase agreement will detail how much will be paid to USClaims; the amount depends upon the date we are paid. The longer it takes for us to receive payment, the larger the amount due up to a set maximum.
All of our purchase agreements clearly state that if your case brings no recovery, there is no obligation to USClaims unless you’ve provided us with false information, committed fraud, or otherwise breached the agreement.
All of our purchase agreements require you to state certain facts, for example, that an interest in the case has not previously been sold or that a bankruptcy case will not encumber the case.