How Does Pre-Settlement Funding Work?

After you submit a request, your dedicated My Law Money Now representative will review it. Upon approval, we’ll provide a purchase agreement, and you’ll receive your cash within 24 business hours.

Here’s how it works: My Law Money Now purchases an interest in your case proceeds and provides cash upfront when you sign the purchase agreement. In return, My Law Money Now receives payment for its interest once your case is resolved. The payment to My Law Money Now is deducted directly from your case proceeds, as authorized by your attorney through the purchase agreement.

Your purchase agreement will specify the amount owed to My Law Money Now, which depends on when we receive payment. The longer the payment takes, the higher the amount.

All of our purchase agreements clearly state that if your case does not result in a recovery, you have no obligation to My Law Money Now—unless you provided false information, committed fraud, or otherwise breached the agreement. Additionally, our agreements require you to confirm certain facts, such as ensuring that no prior interest in the case has been sold and that no bankruptcy proceedings will affect the case.