Do I need to repay the funding if my case is unsuccessful?
Asked a year ago
In general, if a person receives funding through Oasis Legal Funding and their case does not result in a favorable outcome, they typically do not have to repay the funding. This is because legal funding is structured as a non-recourse advance, meaning that repayment is only required if the case is successful and a settlement or judgment is awarded. If the case is unsuccessful, the individual is not burdened with a repayment obligation. However, it is important to review the specific terms and conditions provided by Oasis Legal Funding, as they may differ depending on individual circumstances. For the most accurate information and a thorough understanding of their policies, checking the official website or contacting them directly for detailed clarification would be advisable.
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