When you receive cash from a pre-settlement funding firm like Resolution Funding, a valid concern is whether you should report that money to the IRS. A financial windfall almost always requires taxes to be paid, but settlements are a different story. Here’s a publication from the IRS that makes it clearer. The short answer: a […]

One unfortunate stereotype of American citizens is that they are “lawsuit happy,” seeking large settlements over absurd things—like the infamous McDonald’s case when a woman sued the fast-food chain over coffee that was too hot. Is this reputation justified, or do the silliest lawsuits simply get the most notoriety? The answer to this question is […]

If you’ve done any amount of research on companies offering lawsuit settlement loans, you probably know by now that many of these firms sound quite similar. There are a lot of consumer legal funding companies out there providing victims of accidents the money they need to pay their bills and live their lives while they […]

We’re big believers in transparency here at Resolution Funding, and that’s why we like to make sure our clients understand exactly what they’re agreeing to when they enter into a contract with us to receive a lawsuit settlement advance. Once you submit an application to Resolution Funding, we review your case and offer you a […]

As a relatively new industry, there are some unfortunate misconceptions about litigation financing, better known as lawsuit funding. Let’s set the record straight and debunk a few of the most common myths we hear about lawsuit advances: Lawsuit advances are loans. The confusion here is understandable because of the phrase “lawsuit loan,” which is sometimes […]