Momentum Funding

Momentum Funding has a team with over 40 years of combined experience in legal finance and personal injury law. Their mission is to help personal injury clients find financial relief during the stressful and lengthy process of a lawsuit.

momentum legal funding

Using an online application, clients are able to provide all the information necessary for the claims process and potentially can receive their cash advancement the following day.

A job and credit are not required to be qualified for financial assistance.

They provide non-recourse pre-settlement lawsuit funding and post-settlement funding to clients who are in lawsuits for personal injury or workers’ comp cases. If you lose your case, you don’t owe Momentum Funding anything.

A few of the eligible cases they fund include automobile accidents, nursing home neglect, general negligence, and premises liability.

SourceReview Overview
YelpNo reviews
Google50 reviews → 4.2 out of 5 stars
FacebookNo reviews
BBBA+ rating, 9 reviews → 4 out of 5 stars

Customers who had satisfactory experiences with Momentum Funding are saying:

These guys are Awesome. My Family was in need of help and they got right on it. We had funds we requested in less than 24 hours. Very professional and caring company. A major blessing!


In April 2018, Kiona J. gave 5 stars on the Better Business Bureau.

On one occasion a team member stayed after hours on a Friday to make sure my client received their funds and then confirmed with me that the client received their funds.

In August 2017, Javier H. gave a 5 star review.

Without a doubt the most professional and respectable business I have dealt with in a very long time...

In August 2017, Geoffrey P. gave a 5 star review.

Unfortunately, there was also an unfavorable outcome for one customer:

Shelley T criticized the company saying,

Through Credit Karma I found that Momentum Funding ran a hard credit inquiry on me. I had just enough credit to get a non-secured credit card. Now I don't. I never asked them for anything nor did I contact them in any way...

Shelley T. left a 1 star review on the BBB profile page.

Marsha M recently left an unfavorable review in August 2019 stating..

I called for addition funding in August 2019 instead of the eager cheerful rep as when I received the first loan, I ended up getting the phone hung up on me twice

Marsha M. left a 1 star review on the BBB profile page.

Cherokee Funding | Reviews From Around the Web

| Read Time: 3 minutes

Founded in Atlanta in 2011, Cherokee Funding provides plaintiffs with lawsuit funding. Cherokee Funding operates by providing plaintiffs with settlement advances to pay living expenses while awaiting a lawsuit settlement.  How Cherokee Funding Works After a plaintiff applies for a settlement advance with Cherokee Funding, the company reviews the case. Cherokee Funding contacts the plaintiff’s attorneys and reviews documentation before determining if the plaintiff is eligible for a lawsuit advance. Cherokee Funding advertises that they fund the following types of lawsuits: AccidentsGeneral, Construction, and Premise NegligenceMedical MalpracticeProduct LiabilityWrongful Death The company indicates that “same day funding” applicants can receive between $500-$50,000 by the next day. Cherokee states that they fund up to 10-15% of a case’s settlement value.  Cherokee Funding Pricing Cherokee advertises no up-front fees to apply for a lawsuit cash advance. Plaintiffs repay the settlement advance, plus fees, once they receive a settlement. However, if a plaintiff loses their case, the plaintiff does not have to repay Cherokee Funding. Cherokee Funding advertises that their goal is to provide legal funding “at the lowest cost possible.” The company also lists transparency as a core value. However, the company website does not disclose the interest rates or fees charged to clients.  Cherokee Funding indicates that the client contract discloses fees and a repayment schedule. On the FAQ section of their website, Cherokee Funding indicates that they do not have consistent rates: “Our rates change from time to time so please make sure to ask at the time of application.” Benefits of Using Cherokee Funding Cherokee Funding promises the lowest rates in the industry. They claim to be 100% transparent and to hold membership in the watchdog American Legal Finance Association (ALFA). Cherokee Funding lists these values: TeamworkHelping those in needNo finger-pointingTransparencyGoing the extra mile  The company indicates that some clients have achieved higher settlement offers by taking a lawsuit cash advance. The advance apparently gave those clients financial stability that enabled them to wait for a larger settlement. Applying for a Cherokee Funding settlement advance, like settlement advances from other lawsuit funding companies, should reduce financial stress for plaintiffs waiting for cases to settle. Disadvantages of Using Cherokee Funding Former clients sued Cherokee Funding in 2017 in Ruth v. Cherokee Funding. One client claimed that Cherokee Funding advanced him less than $10,000 but demanded repayment of $84,000. Based on this lawsuit, applicants should carefully review interest rates and fees before signing with Cherokee Funding. Applicants should consider repayment terms and whether fees seem excessive. Cherokee Funding may prove a helpful source of cash flow while waiting out a lawsuit. However, clients might owe much more money than they originally borrowed due to interest and fees. The money owed could use much of the plaintiff’s settlement. Positive Cherokee Funding Reviews “Real friendly and helpful. I was new to the process and they walked me thru how it worked. Got my money the next day!” --Tyler Stevens, 5-star Google review “Great and fast service!! I recommend them to anyone.” --Teresa Evans, 5-star Google review “Extremely helpful in my time of need. Wouldn’t even let me off the phone until they were sure that I completely understood the process and felt 100% comfortable moving forward. And the process was super quick. 24 hours later they called to tell me I was approved. They are awesome and have my highest recommendation.”--Pandora Swint, 5-star Trustpilot review “When I needed it they came through. I wish the fees were not so high but I appreciate them nonetheless.”--Talib Shabazz, 5-star review on Trustpilot Negative Cherokee Funding Reviews “Run Don’t Walk Bad Management.”--Former Employee Administration in Atlanta, GA, Glassdoor review “Didn’t get my check on time don’t know where my checks it not really happy”--Damon Locke, 1-star Trustpilot review “Horrible experience. Customer service was off and on almost depending on who you talked to. I made the calls and my loan stayed in underwriting over a week with no explanation. Waist of time!!”--SB, 1-star review on Trustpilot “Worse experience ever the company policy must be to tell lies because that's all I heard web states same day and a week later they came thru totally discussed with the service I received” --Shy Shy, 1-star Google review “In the event you're waiting for a settlement and need funds, DO NOT use this company to acquire assistance unless you absolutely cannot find help otherwise. The amount of interest these people charge should be illegal. For a $500 loan, you could end up paying almost $1500 in a little over a year's time.”--Bree Johnson, 1-star review on Google Get a Lawsuit Funding Quote Today If you need cash while you wait for your lawsuit settlement, contact Ally Lawsuit Loans. We offer the lowest rate guarantee and will let you know if you qualify within 24 hours. If you lose your lawsuit, you owe Ally Lawsuit Loans nothing. Lawsuits are stressful, but Ally Lawsuit Loans can help. Apply today, and reduce your financial stress while you wait to settle.

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Settlement Funding for Civil Rights Cases

| Read Time: 3 minutes

The civil rights of Americans include rights to freedom and equality. The United States government grants Americans these rights without regard to race, national origin, religion, sex, age, or disability.  If someone violates your civil rights by discriminating, you may sue the perpetrator for the harm you suffered. Trailblazing Americans have used the legal system to fight for their civil rights. Future generations benefit from victims fighting against discrimination.   However, seeking justice for civil rights violations can take a long time. The court process may proceed slowly, while plaintiffs’ expenses continue to accumulate. How can you pay bills while you wait for your civil rights lawsuit settlement? While civil rights lawsuit settlements can take a while to achieve, you don’t have to wait to access your cash. Many civil rights plaintiffs take advantage of settlement loans. This means that plaintiffs access their payment before their civil rights lawsuit settlement case concludes. Plaintiffs can obtain settlement cash advances for these types of civil rights lawsuits: Discrimination based on race, national origin, gender, or disabilityFair housing violationsHarassmentPolice misconductImmigration violationsHate crimesEqual credit violations When someone discriminates against you in a civil rights violation, a lawsuit helps you seek justice. The Civil Rights Act of 1964 and the Reconstruction Amendments to the US Constitution legally protect Americans from discrimination. In court, a civil rights attorney will advocate for you to receive payment for the discrimination you suffered. A defendant should compensate you for these civil rights violations with a lawsuit settlement.  Using a settlement loan, you can access these lawsuit settlement funds even before the lengthy court process ends. How Do You Get a Civil Rights Lawsuit Settlement Advance? To get a civil rights lawsuit settlement advance, apply with a settlement lender like Ally Lawsuit Loans. The lender will review your case, consult your attorney, and determine your chances of settling. If the lender thinks you have a good case, the lender will approve you for a lawsuit settlement loan. Ally Lawsuit Loans approves plaintiffs within 24 hours and offers the lowest interest rates in the market. The amount the lender loans you depends on the amount of the anticipated settlement. Civil rights settlement amounts may be hard to predict because of the intangible nature of damages. However, the lender talks with your attorney to get an informed idea of your anticipated settlement. The lender also evaluates whether you have outstanding lawsuit loans before approving your application. Once you receive your settlement loan, you can pay bills while you wait for your case to settle. You owe the lender nothing while your case settles. If you lose your case, you owe Ally Lawsuit Loans nothing.  In this way, loans for civil rights lawsuit settlements can reduce your stress. You get the money you need to pay bills and don’t have to worry about your finances. You also don’t have to worry about paying anything back unless you win your case.  Apply for a Civil Rights Lawsuit Settlement Advance Today If you suffered from a civil rights violation and filed a lawsuit, you may need a settlement loan. To get cash while you wait for your civil rights lawsuit settlement, call Ally Lawsuit Loans. Ally Lawsuit Loans is a lawsuit lending company that offers plaintiffs across the nation: 24-hour settlement loan approvalLowest rates in the industry No payment needed if you lose your case You don’t have to worry about your bills while you wait for your civil rights case to settle. Get help with your stress by applying for a lawsuit cash advance with Ally Lawsuit Loans.  Apply now!

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What is a Structured Settlement & How Do They Work?

| Read Time: 3 minutes

When you file a personal injury lawsuit, you eagerly wait for the day when your settlement payout arrives. However, you may not know about the many detailed decisions involved in the settlement process. For instance, should you accept a lump-sum payment or agree to a regularly disbursed structured settlement?  What is a structured settlement, anyway?   To answer those questions, you’ll need to know these details on structured settlements: Types of cases covered under structured settlementsPros and cons of structured settlementsHow a structured settlement worksHow to apply for a structured settlement  Structured settlements produce some distinct advantages, but they’re not ideal for every situation. If you’re considering a structured settlement, you can always sell it later (with court approval) for a lump sum.  Types of Cases Covered Under Structured Settlements Structured settlements first appeared under Canadian law in personal injury cases concerning a 1950’s drug that caused birth defects. From there, structured settlements made their way into common law legal systems, including England, Australia, and the United States.  Structured settlements took advantage of two changing elements in personal injury law: Rising personal injury settlement amountsChanging IRS law that waived tax liability In the US, structured settlements serve as an option in personal injury cases, including pharmaceutical injury and product liability cases.  Pros and Cons of Structured Settlements Structured settlements provide both benefits and risks to plaintiffs. Here are some factors to weigh before deciding on a structured settlement. Pros of Structured Settlements: Steady income. Structured settlements provide a steady income for many years. You won’t be able to burn through your money quickly.Tax benefits. United States IRS rules give structured settlements favorable treatment. A person receives tax-free disbursements for the life of the structured settlement.Beneficiary allowed. Many structured settlements allow a named beneficiary to receive settlement payments if the plaintiff dies before the settlement pays out.Option to sell. Structured settlements can be sold or assigned through the courts. This option is useful for paying medical expenses or other debts.Stock market-proof. The stock market fluctuations don’t affect your settlement amount.  Cons of Structured Settlements: Loss of interest. You lose interest that could accrue if you got your entire payment upfront.Taxation. Some parts of a settlement award, such as punitive damages or attorney fees, may be taxed.Inflexible payment. Structured settlements stick to a set schedule and are not flexible to meet changes in your financial circumstances.Fees and penalties. Withdrawing from or selling a structured settlement brings fees and IRS penalties. How Does a Structured Settlement Work? When you file a personal injury lawsuit, your attorney will negotiate the best settlement for you. Though an attorney should always prepare for trial, most plaintiffs and defendants prefer to reach a settlement. In settlement negotiations, a defense attorney may present the possibility of a structured settlement. At that point, your attorney will bring the settlement option to you. After discussing the structured settlement, your attorney will ask whether you are ready to sign on that option. Once you accept a structured settlement, the defendant will pay you through installments of an annuity contract. You will receive regular installments over an extended period until you reach your full award. Defendants may purchase an annuity for the settlement from an insurance company. The insurance company is then responsible for managing the structured settlement. If a plaintiff later decides that they need a lump sum payment rather than installments, they can sell their structured settlement annuity. Companies such as Ally Lawsuit Loans offer a streamlined structured settlement cashout. The value of the structured settlement at the time of sale depends on: Payments disbursedAmount of scheduled paymentsInterest rates on the annuityInsurance company creditworthiness A judge must approve and sign on the sale of a structured settlement annuity. Apply for a Structured Settlement Today Now that we’ve answered your question, “What is a structured settlement?” you may be considering this option. However, maybe you already have a structured settlement but are looking for a way out of it. If your financial needs changed and you want a lump sum instead of structured settlement payments, contact Ally Lawsuit Loans. We can purchase your structured settlement annuity in exchange for a lump sum of cash. We offer 24-hour approval on structured settlement purchases. Then, we bring your structured settlement to the court for approval. Call us to apply for a structured settlement purchase or ask for more information about this option. 

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