About The Milestone Foundation
The Milestone Foundation is a 501(c)(3) nonprofit organization that helps people suffering as a result of a catastrophic accident. We provide financial assistance to families that need help paying for basic living expenses during litigation.
The for-profit, non-recourse industry is unregulated. Most companies in the pre-settlement funding space offer “lawsuit loans” that make the cost of capital exorbitant for plaintiffs. But access to capital for families enduring a personal injury lawsuit (even at very costly rates) is oftentimes necessary in order for plaintiffs to pursue justice. Funding families in need during the course of litigation is critical to the civil justice system – without this type of support, the scales of justice skew in favor of deep-pocketed defendants who can afford lengthy trials. The Milestone Foundation provides low-cost access to capital so families have the resources to go the distance with their lawsuit. We offer low, simple interest in the name of the Seventh Amendment, to help level the playing field for plaintiffs.
Can the Foundation Help?
Since our inception in 2016, the Foundation has provided over $4.5 million in bridge loans to more than 600 families and plaintiffs pursuing civil justice. From personal injury cases to mass torts, The Milestone Foundation carefully reviews each application and makes funding decisions based on the merits of the case. Our strict underwriting process ensures we are able to charge simple interest at a rate well-below industry average, and our simple, clear contracts help attorneys and plaintiffs feel comfortable working with us. The Milestone Foundation accepts applications from plaintiffs in all 50 states. We have provided non-recourse advances for the following types of cases:
Life keeps happening even in the face of a personal trauma or illness. Bills, expenses, medical costs, student loans, and everything else are mounting. The Milestone Foundation brings together the resources, expertise and vision to find the right funding and front-end counseling to help people throughout the legal process. Clarity is critical to success. Our team communicates with families on a level that ensures they are making informed decisions about their financial future.
“I never thought that I would be at risk of losing everything that I’ve worked so hard for. The funds that I’ve requested will give me the ability to get my house out of foreclosure and allow me to keep my vehicle, amongst other things. The amount requested is what it will take to get me out of the hole I’m currently in.”
Mike* is a U.S. Marine Corps Veteran. He and his mother were involved in a tragic accident when an 18-wheeler tractor trailer lost control while speeding on an overpass, jack-knifed, and hit their vehicle head-on. Since they were on an overpass, Mike and his mother expected their car to fly off the bridge, but the guardrail prevented the car from falling over. However, they both sustained severe injuries from the accident. Furthermore, when Mike had retired from the military, he had been diagnosed with Post Traumatic Stress Disorder. The accident made his PTSD worse, requiring even more medical treatment. The Milestone Foundation supported Mike and his mother so they could pay their bills, keep their home and vehicle, and get through this tough time together.