Many personal injury plaintiffs are surprised to learn they won’t receive their settlement funds immediately after their case is finalized. In fact, it can take months for an insurance company to write a check. Post-settlement lawsuit funding makes it possible for plaintiffs to meet their monthly financial obligations in the meantime.
Lawsuit funding is not technically a cash advance or lawsuit loan; instead, it’s a way for a plaintiff to receive a portion of their settlement proceeds upfront while waiting to receive their check. The funds can be used to pay rent, car payments, groceries, and other living expenses.
Alleviate Financial Stress While Waiting for Your Settlement
Individuals injured due to another party’s negligence have undergone significant physical and emotional trauma and shock. In addition, medical bills, lost wages, and legal expenses can take a terrible financial toll, leaving the plaintiff on the verge of bankruptcy.
You have likely already spent years seeking justice. You should not be victimized further by waiting months to receive your settlement.
Post-settlement funding provides you with a portion of this money to use on any expense you choose. This can help alleviate your financial burden and allow you to focus on healing and moving forward with your life. The money you use now is repaid later out of the settlement funding after it’s sent to your lawyer.
To apply for free, call (877) 735-0016
Access Financing for a Wide Range of Personal Injury Cases
When they receive post-settlement funding, an injured plaintiff is leveraging the expected payout from the defendant in their personal injury lawsuit. Although car accident lawsuit funding is the most common, you can also apply for other types of lawsuit loans.
High Rise Financial has provided cash to clients in a wide range of personal injury cases, including:
- Traffic accidents: Plaintiffs involved in auto accidentsoften have solid supporting evidence to bolster their case. A stronger case can translate to a higher settlement and a more significant post-settlement funding offer.
- Motorcycle crashes: Bikers face the possibility of severe injuries during motorcycle accidents with larger vehicles on the road. Lawsuit funding can help pay for medical bills and replace lost wages associated with these significant damages.
- Dog bites: An irresponsible pet owner is often to blame when a dog bite occurs. Post-settlement funding can compensate a plaintiff for both the short-term and long-term consequences of such an attack.
- Wrongful death: If you’ve lost a loved one due to someone else’s negligence, early access to your wrongful deathsettlement can provide reimbursement for funeral costs and your pain and suffering.
Lawsuit Financing Offers Risk-Free Funds and Easy Qualification
One of the most significant benefits of post-settlement funding is that you do not have to extend a personal guarantee for the funds, so they are only paid back if you receive your settlement. This is known as non-recourse debt, and you are not taking on any risk by accepting these funds.
The qualification process for lawsuit funding does not take your personal financial statement into account but instead considers only the strength of your case. The defendant in a finalized case has already agreed to pay compensation, so qualifying for post-settlement funding is typically quick and easy.
After you receive the funds, there is always a chance that the defendant in your case will default on their obligation and fail to deliver the promised settlement. However, even if this happens, you are not responsible for paying us back. The only way we recover our money is if you receive a settlement.
Turn to High Rise Financial for Lawsuit Funding You Can Trust
High Rise Financial is dedicated to helping injured individuals regain their financial footing by providing hassle-free legal funding. With us, there are no lengthy applications, income verifications, or credit checks. Instead, the entire process is transparent, and clients never have to worry about hidden fees or surprise charges.
In most cases, we process post-settlement funding applications within hours, and you can have access to your cash by the next day. Financial relief is just a short phone call away.