Can I Get Money From My Settlement Check Early?

Lawsuits can take months or even years to resolve. This usually leaves claimants waiting for their settlement check long after they’ve won their case. While this payout is meant to help recover lost wages, medical bills, and other damages, delays in receiving the financial compensation can create serious financial challenges. If you need money before your settlement check arrives, there are options to access cash early. In this article, we’ll explore different ways to receive financial support before your lawsuit settlement payout, including lawsuit loans and structured settlement buyouts.

What Is a Settlement Check?

A settlement check is the final payout that a claimant receives after winning or settling a lawsuit. This compensation is meant to cover expenses related to the case, such as:

• Medical bills for treatment and recovery
• Lost wages if the claimant was unable to work
• Pain and suffering damages for emotional distress
• Property damage repair in auto accident cases
• Legal fees for attorney costs

Once a lawsuit is resolved, the defendant or insurance company issues the settlement check to the claimant. However, receiving the funds may take time due to legal and administrative procedures.

Why Do Settlement Checks Take Time to Arrive?

Even after a lawsuit is settled, claimants often experience delays in receiving their money. Here are a few reasons why settlement checks don’t arrive immediately:

Legal Paperwork Processing: After a case is settled, the court requires certain documents to be signed, verified, and processed before funds are released.

Insurance Company Review: Insurance companies often take time to finalize payout calculations and ensure compliance with settlement agreements.

Court Approvals for Some Cases: In certain lawsuits, such as wrongful death and cases involving minors, courts may need to approve the settlement before funds are released.

Payment Distribution Delays: The defendant or insurance provider must transfer the money to your attorney, who then deducts legal fees before issuing the remainder of your settlement.

Banking and Administrative Procedures: Once your attorney receives the funds, the final transfer to your account may take additional days based on banking regulations.

Since these delays can cause financial stress, many claimants look for ways to access their money early.

Options for Getting Money Before Your Settlement Arrives

If you need financial assistance before receiving your settlement check, there are several options available:

Pre-Settlement Funding (Lawsuit Loans)

Lawsuit loans or pre-settlement funding allow you to receive a cash advance against your pending lawsuit. This funding is based on your expected settlement, meaning you don’t have to wait for the final payout. The best part? Repayment is only required if you win your case—if you lose, you owe nothing.

Structured Settlement Buyouts

If your settlement is set up as a structured payment, where funds are released in installments rather than a lump sum, you can sell part or all of your future payments for an immediate payout. This allows claimants to access a large portion of their money upfront instead of waiting for smaller payments over time.

Personal Loans from Banks or Credit Unions

Claimants may apply for personal loans from banks or credit unions if they need money urgently. However, unlike lawsuit loans, these options require repayment regardless of case outcome and may involve high interest rates.

Payday Loans

Some claimants consider payday loans as an alternative, but these come with extremely high interest rates and short repayment periods. This option can be risky and lead to debt problems.

Why Lawsuit Loans Are the Best Choice

Among all the options, lawsuit loans offer the most financial protection. Since repayment only happens if you win, claimants don’t need to worry about debt or financial risks. Unlike bank loans or payday advances, lawsuit loans require no credit check, no monthly payments, and fast approval. This makes them the safest choice for those awaiting their settlement.

How Pre-Settlement Funding Works

Pre-settlement funding is a financial solution that allows claimants to access a portion of their expected lawsuit settlement before their case is officially resolved. Unlike traditional loans, these funds are provided based on the strength and estimated value of your case, not your credit score or financial history. The pre-settlement funding helps claimants cover urgent expenses like medical bills, rent, groceries, and daily living costs while they wait for their lawsuit settlement.

Furthermore, the process to obtain pre-settlement funding is simple and fast. Once you apply, our financial specialists at High Rise Financial will work directly with your attorney to review your case details and determine your eligibility. If approved, your cash advance will be issued as quickly as possible, often shortly after attorney confirmation. This helps you stay financially secure without waiting months for a settlement check. With no monthly payments and no upfront costs, this lawsuit funding option provides relief when you need it most.

Is a Lawsuit Loan Right for You?

Additionally, pre-settlement funding is ideal for claimants who need financial assistance while waiting for their payout. If you’re struggling with accumulating medical bills, rent, outstanding debts, or other urgent expenses, a lawsuit loan provides the relief you need.

This option is especially helpful for victims facing long lawsuit timelines. It helps you to remain financially stable while your case continues. Lawsuit loans also protect claimants from settling too early. Your attorney will have leverage and time to negotiate the maximum possible compensation amount rather than accepting low offers out of financial desperation.

What to Consider Before Seeking Early Payout Options

Before choosing pre-settlement funding or any other financial solution, consider these factors:

• Fees and interest rates – Pre-settlement loans may have certain fees, but they should be reasonable and transparent.
• Repayment terms – Lawsuit loans are non-recourse, meaning you only repay if you win—other loans don’t offer this protection.
• Case strength – The amount you qualify for depends on your expected settlement value and likelihood of winning.
• Financial urgency – If you need cash urgently, lawsuit loans provide faster access than traditional loans.
• Other financial options – If you have personal savings or other financial resources, compare them before deciding.

Call High Rise Financial to Get Fast Pre-Settlement Funding

If you need financial support while waiting for your lawsuit settlement, High Rise Financial can help. With no credit check, no monthly payments, and repayment only if you win, our funding is the safest option for claimants who need to get money from their settlement check early. Call (866) 407-6404 today to apply!