Frequently Asked Questions
Everything you need to know about pre-settlement funding from Bridgeway Legal Funding
Your Questions Answered
The pre-settlement legal funding is repaid from the proceeds of your case settlement. It is issued to Bridgeway directly from your attorney's office at the same time you receive your portion of the funds.
No. The process can be completed within 24 hours of receiving case documents from your attorney. Once approved, you can receive the funds as soon as the signed contract is returned to us.
No. A pre-settlement advance is not a loan. This type of funding is a non-recourse advance against your case and is determined strictly on the merits of your case. There is no credit check required and no monthly payments.
No. There is no cost to review your case. If approved, there is an underwriting fee charged that covers costs associated with processing your advance — this is disclosed upfront in your contract.
Yes. You are able to re-pay the advance at any time before your case settles, which can help reduce the total amount owed.
Advances can be made anywhere from $500 to $50,000 depending on the merits of your case. Bridgeway can generally advance 10–20% of your potential settlement value.
In the event your case is lost and there is no settlement award, then nothing is owed to Bridgeway. This is the key benefit of non-recourse funding — you keep the money and owe nothing.
Yes. Bridgeway funds cases directly with no broker or middleman involved. This saves you the typical 15–20% broker fee and keeps your costs lower.
Yes. In order to receive pre-settlement funding, you must have an attorney handling your claim. The funding is repaid through your attorney's office at settlement.
Once we receive your signed contract back from you and your attorney, we can release the funds immediately.
You can use the funds for anything you need: rent, utility bills, car payments, daily living expenses, medical procedures, groceries, childcare, and more.
Bridgeway funds motor vehicle accidents, workers' compensation claims, slip & falls, labor law / scaffold law cases, FELA (railroad accidents), Jones Act (maritime accidents), and other personal injury cases.
Still Have Questions?
Our team is standing by to answer any questions about your specific case. Call us today — there is no cost or obligation.
