What “Litigation Funding” Means
Litigation funding (pre-settlement funding) is a cash advance from a third-party company against a pending claim, repaid from the eventual recovery — typically at steep, compounding rates that can consume a painful share of a settlement.
Why It Matters in Your Texas Case
Our honest counsel: treat lawsuit loans as a last resort. Rates routinely dwarf any bank product, and a large advance can shrink your net recovery dramatically. Before any client takes one, McKay Law explores alternatives — letters of protection with medical providers, negotiating bill deferrals, and the firm’s own advancing of all case costs. When funding is truly unavoidable, we help review terms and keep the amount minimal. The goal of the case is your recovery; nothing should quietly eat it.
Related Terms
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Questions About How This Applies to You?
Definitions inform; conversations resolve. If “litigation funding” touches your situation, the free consultation puts it in context — your facts, your deadlines, your options: (903) INJURED, 24/7, English or Spanish, no fee unless we win.