Understanding Pre-Settlement Funding

Pre-settlement funding provides an advance against a possible recovery in a pending claim. It can help with living expenses and injury-related costs during the time it takes to resolve a case. You may hear it described as a lawsuit advance, legal funding or settlement funding.

Graylock works with your attorney to review the specific claim. Eligibility depends on case information, attorney participation and state availability. The type of accident alone does not determine whether a request will be approved.

What Non-Recourse Means

Graylock's non-recourse funding is repaid from settlement or judgment proceeds under the funding agreement. If you do not win or settle, you owe nothing. Your written agreement explains the amount advanced, applicable costs, repayment provisions and conditions.

Non-recourse does not mean funding is free. The repayment amount reduces what remains from a recovery. Review the agreement with your attorney, including how the payoff may change over time and what happens if your case takes longer than expected.

Funding and Your Legal Claim

Your attorney handles your legal case and advises you on its merits and settlement options. Graylock reviews the funding request and coordinates the documents and repayment. A funding offer does not establish the value of your claim or guarantee its outcome.

Case review can require information about the incident, responsibility, injuries and potential recovery. Let your attorney know you are applying and provide accurate firm contact details so the request reaches the right person.

Deciding Whether to Apply

List the immediate expenses you need to cover and consider the amount of funding needed. Compare the cost of an advance with other resources available to you. If you receive an offer, ask for payoff figures at different possible settlement dates before accepting.

Applying is free and creates no obligation to accept an offer. Approval and receipt of funds are separate steps. Case information, signed documents and the payment method affect timing.

See How the Process Works · Understand Costs and Repayment · Explore Case Types

Check Funding Eligibility or Contact Graylock with questions.