TownCenter Partners LLC Disclaimer: The term loan(s) when used to describe pre-settlement funding by TownCenter Partners LLC or any of its agents/representatives/ownership/directors/investor and so forth is not an accurate legal or financial definition of the transaction. IT IS NOT A LOAN. The transaction is a non-recourse purchase of a portion of the proceeds of a potential future case award or settlement. A loan is a transaction that always requires repayment. Our advances to purchase only require repayment if the plaintiff receives a cash settlement award.
Please note that pre- and post-settlement litigation financing advances are not traditional loans. Pre- and post-settlement litigation financing advances fall into the category of funding known as “non-recourse funding.” Repayment of litigation financing advances is contingent on winning or settling the lawsuit.
The material published at this site is for informational purposes only and is not intended to be legal advice. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship between any parties whatsoever. Readers, whether or not attorneys, should not act upon this information without seeking professional advice or doing independent legal research. YourTCP® disclaims any liability whatsoever for any consequences that may flow from any material published here.
We currently do NOT fund cash advances in Alabama, Arkansas, Colorado, District of Columbia, Georgia, Illinois, Indiana, Kansas, Kentucky, Maryland, Minnesota, Mississippi, Missouri, Nevada, New Mexico, North Carolina, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee. We reserve the right to change the list of states in which we do not fund at any time with or without Notice and on a Case by case basis.