Browse All Case Types
How to Read a Pre-Settlement Funding Offer
Begin With the Cash You Actually Receive
An offer should make clear how much money reaches you and how that differs from the amount used to calculate repayment. Ask whether any fees are deducted, added to the balance, or payable separately. Do not compare offers using only a headline advance amount. Write down the expected deposit and each listed charge, then reconcile them with the agreement. This guide is a review checklist, not a sample Graylock contract or a statement of available rates. Actual terms depend on the written offer and applicable requirements.
Follow the Payoff Through Time
Ask for the total payoff at several possible resolution dates and how each total is calculated. A case may take longer than anyone currently expects. Determine whether charges are simple or compounded, whether they change in steps, and whether a stated cap applies. As a hypothetical comparison exercise, label three columns early resolution, expected resolution, and delayed resolution, then enter the provider's actual written figures. The labels are scenarios, not predictions. A percentage without its time period and calculation method is not enough to understand cost.
Read the Conditions Alongside the Numbers
Identify the provisions addressing no recovery, a recovery smaller than expected, cancellation if available, required cooperation, and events that could change obligations. Ask your attorney to explain language you do not understand. Do not rely on a verbal summary if the agreement says something different. Find who receives payment, what authorizations you provide, and how disputes are handled. State requirements vary, so another person's agreement may not contain the same terms. A request for clarification is part of informed review, not a reason to hurry through the document.
Consider the Amount Left From a Recovery
The settlement headline is not the same as take-home proceeds. Attorney fees, case costs, valid liens, existing funding, and the proposed advance can affect the remainder. Ask counsel to work through a clearly hypothetical distribution using appropriate assumptions for your case. Compare scenarios rather than treating an estimate as a promised settlement. If a payoff grows over time, its effect on the remaining proceeds may grow as well. Understanding that relationship helps you decide whether the requested amount is proportionate to your immediate needs.
A Final Review Before Accepting
Keep a complete copy of the offer and note unanswered questions before signing. Confirm the recipient details, funding amount, charges, payoff schedule, and any existing obligation being replaced. Ask whether a smaller request or another source of assistance could address the urgent expense. Graylock can discuss its written proposal with you and your attorney, but an application is not a commitment to accept funding. Your decision should rest on terms you understand, the circumstances of your case, and a realistic view of both immediate needs and future deductions.
Request a Review With Graylock
Start with your attorney’s contact details, your state, the incident date and the amount needed for current expenses. Graylock reviews your pending claim with your attorney and may request additional information. Applying is free and does not require you to accept an offer. Approval, signing documents and receiving funds are separate steps; timing depends on the case and payment arrangements.
Understand the Cost Before Accepting
Accepting funding has a cost. Repayment comes from settlement or judgment proceeds under your agreement and reduces the amount remaining from your recovery. If the case produces no recovery, you owe nothing under Graylock’s non-recourse terms. Review the written agreement with your attorney, including charges and payoff amounts at different dates. Funding does not guarantee approval of additional requests or a particular case outcome.
Review Costs and Repayment · How Funding Works
Graylock Services provides funding, not legal representation or medical care. Availability and eligibility vary by state and case. Your attorney can advise on your claim; a qualified clinician should guide medical care.
Background Resources
Need Funds While Your Case Is Pending?
Applying is free. Our experienced paralegals work with your attorney to review your case. Timing depends on the case information, completed documents and payment method.
Check Funding EligibilityUnderstand Costs and Repayment · How Funding Works
Still looking for representation? Our staff can help you explore qualified attorneys we have vetted.
Questions? Call (800) 539-6470.