Personal injury lawsuits can take months — sometimes even years — to resolve. In the meantime, bills don’t stop coming, and if you’re unable to work due to your injuries, the financial stress can quickly pile up. That’s why many people turn to pre-settlement funding to help cover their expenses while waiting for their case to settle.
But there’s one common question we hear all the time: Do I have to pay back my personal injury loan if I lose my case?
The short answer is no — not if you receive non-recourse funding from Plaintiffs Litigation Funding (PLF).
What Is Non-Recourse Funding?
At PLF, we offer non-recourse legal funding. That means the money we advance is only paid back if your case is successful. If your case settles or you win in court, you repay us out of your settlement or award.
If you don’t win your case? You don’t owe us anything.
There are:
- No monthly payments
- No interest accumulating if you lose
- No risk of debt collection
It’s a truly no-risk option designed to give you financial breathing room when you need it most.
Why PLF Uses Non-Recourse Funding
We believe you shouldn’t have to choose between fighting for justice and paying your bills. Our funding helps injured plaintiffs:
- Cover rent, groceries, medical expenses, and other essentials
- Focus on healing without worrying about falling behind
- Avoid pressure to settle early for less than they deserve
We work directly with your attorney to evaluate your case, and if approved, you can receive funds in as little as 24 to 48 hours.
Is Pre-Settlement Funding the Same as a Loan?
Not exactly. Traditional loans require repayment no matter what — even if you can’t afford it. Pre-settlement funding from PLF is not a traditional loan. It’s a cash advance based on the expected outcome of your case, and it’s only repaid if your case results in compensation.
This structure is what makes our service so valuable to people in the middle of tough legal and financial situations.
How to Apply
Applying with PLF is fast and simple:
- Fill out our short application online
- We’ll connect with your attorney to review your case
- If approved, we’ll send you funds within one to two business days
And remember, you only repay us if your case is successful.
Final Thoughts
If you’re in the middle of a personal injury lawsuit and need financial support while you wait for your case to resolve, PLF is here to help. With non-recourse funding, there’s no risk to you — and no repayment if you lose.
Apply now at plitfunding.com/apply or reach out to our team to learn more.