How Long Does it Take to get Pre-Settlement Funds?

by Toni Hipolito

After all the hard work, negotiations, and, at times, lengthy legal battles, it’s completely understandable that you’d want quick access to the settlement money you’ve fought so hard to secure. Unfortunately, even after a settlement is reached or a verdict is made, it’s not always an immediate payout. The wait for those funds can be incredibly frustrating—especially when unexpected expenses pop up in the meantime.

At Avanti Way Financial, we know how important it is to get your hands on that money quickly. We’re here to help make sure the waiting game doesn’t cause unnecessary stress.

Why Does It Take So Long for Settlement Checks to Clear?

The process of getting your settlement check can sometimes feel like it takes forever, and unfortunately, it’s not always easy to predict exactly when the funds will be available. Several factors can cause delays, including:

• Bank Processing Delays: Sometimes, your bank can take longer than expected to process the check.
• Account Issues: Things like overdrafts or account problems can slow things down even more.
• Bank Holds: Banks sometimes place holds on checks to confirm their validity, which can extend the waiting time.
• Physical vs. Direct Deposit: If you’re receiving a physical check rather than a direct deposit, it could take longer to clear.
• Paperwork Mistakes: Missing or incorrect paperwork can hold up the process.
• Complications with Lienholders or Debts: If there are liens or debts tied to your settlement, that can cause delays too.

Depending on the circumstances, it may take several days or even weeks to receive your settlement check. Your attorney should keep you updated with the latest status and provide an estimated timeline. It’s also a good idea to check in with your bank directly for a clearer idea of when you can expect the funds to be available.

Could Pre-Settlement Funding Be the Solution You Need?

If you’re finding that the process is taking longer than expected and you’re in urgent need of financial help, pre-settlement funding might be an option worth exploring.

Here’s what you can expect from our pre-settlement funding service:

• Quick Access to Cash: After your approval, you could have the funds in your account within just 24 to 48 hours, so you don’t have to wait around when you need it most.
• Repayment Only if You Win: The great thing about pre-settlement funding is that you only repay it if you win your case or reach a settlement. No repayment is required upfront.
• A Simple, Easy Application: Applying for pre-settlement funding is straightforward. It’s based on the strength of your case, not your credit score, making it accessible even if you’re facing financial difficulties.

While pre-settlement funding might not be the best fit for everyone, it can be a lifeline if your case is delayed or if you’re feeling the pressure of waiting for your settlement.

Get the Financial Support You Deserve

Don’t let the waiting game for your settlement money add more stress to your life. With pre-settlement funding from Avanti Way Financial, you can get a portion of your settlement quickly—sometimes in as little as 24-48 hours after approval.

If you’re ready to learn more about pre-settlement funding, check out our ultimate guide or get in touch with us today. We’re here to help make the process easier and less stressful, so you can focus on what really matters.