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Instructions: Recap Sheet. This form is furnished to give you a statement of actual settlement costs.A settlement statement is a document that summarizes all terms, conditions, fees, and disbursements required at the closing phase of a transaction. Pre-settlement funding provides a plaintiff a cash advance against the anticipated future compensation that one is expected to get from a claim. The application you complete for a lawsuit settlement loan does not ask about your finances, employment, or ability to repay it. The application you complete for a lawsuit settlement loan does not ask about your finances, employment, or ability to repay it. Compounding rates lead lawsuit advances to balloon over time as interest accumulates based on the total current balance of the advance. The settlement administrator has begun sending out payments for out-of-pocket losses, time spent claims, and other cash benefits. Settlement costs can increase the cost of your loan, so compare carefully. 700. The settlement agent shall complete the HUD–1 or HUD–1A, in accordance with the instructions set forth in appendix A to this part.