Outstanding child support obligations that may attach to settlement proceeds.
Context on Express Legal Funding
Child Support Liens represent unpaid child support that can be legally attached to a plaintiff’s potential settlement. In personal injury cases, these liens can significantly impact the amount of funds ultimately available to the claimant. As such, they are a limiting factor when considering pre-settlement funding, as their priority status may reduce the net recovery available for repayment. Understanding the legal definition of a lien is crucial when assessing the feasibility of a cash advance.
Significance: Limiting factor; lien priority may reduce net recovery available for funding repayment.
