by Yieldstreet | Staff
When it comes to Legal Finance, plaintiffs may use legal funding to pay for a variety of expenses including lawsuit-related expenses and for general liquidity and personal needs.
This is an advance given to plaintiffs at any time before final adjudication of their case or the parties have entered into a settlement agreement.
This occurs after a legal case has been won or settled, while the plaintiff or the law firm (e.g., if it was a contingency fee arrangement) is awaiting receipt of payment.
Yieldstreet evaluates all PFC portfolios before deciding to participate in a curated, vetted, diversified portfolio of advances. Pre- and post-settlement portfolios will typically include several cases.
Yieldstreet investors generally receive interest payments and a return of their principal in line with the targeted returns and projections described in the offering materials for the particular opportunity.
With pre-settlement financing, the liens are exercised as cases are settled or won, and investors are repaid their principal and interest in multiple event-based payments.
With post-settlement financing, the lien is placed on the funds awarded, and investors are paid principal and interest when the funds are transferred into a bank-controlled escrow account (usually this means a one-time payment to investors).
For additional questions regarding Yieldstreet or our legal finance offerings, please email us at [email protected].
For accredited investors only. Past performance is no guarantee of future results. Any historical returns, expected or target returns or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.
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1 Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.
2 Represents an average net realized internal rate of return (IRR) with respect to all matured investments in your portfolio, utilizing the effective dates and amounts to and from the investments and net of management fees and all other expenses charged to the investments. Past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. All securities involve risk and may result in significant losses, including the loss of principal invested.[read more]
3 "Annual interest" or "Annualized Return" represents an annual target rate of interest or annualized target return and "term" represents the estimated term of the investment. Such target interest or target returns and estimated term are projections of the interest or returns and or term and may ultimately not be achieved. Actual interest or returns and term may be materially different from such projections. This targeted interest or returns and estimated term are based on the underlying investments held by the applicable.
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