What is the Statute of Limitations and How Does it Impact your Legal Claim?

The statute of limitations is a legal deadline imposed by the courts to bring a lawsuit or file your claim. The statute of limitations (SOL) to bring a personal injury lawsuit depends on the timing of the accident or injury causing incident. For example, in the state of California, a plaintiff or injured victim would need to file his or her lawsuit no later than 2 years from the date of the injury. If the injury was not discovered immediately, then the deadline to file is one year from the date the injury was discovered.

Various states apply different statutes of limitations and deadlines to bringing a personal injury action. For example, Florida applies a longer statute, allowing personal injury plaintiffs 4 years before filing their lawsuit. New Jersey carries a 2 year statute of limitations for such actions.

Click here to learn more about California law and rules governing personal injury actions. Failure to adhere to the statute risks losing standing to bring your claim altogether. Timing matters. If you or a loved one were injured in an accident involving negligence, retain an attorney today. Once you do so, you may apply to High Rise Financial for lawsuit funding to help expedite you receive cash while your case is pending or being litigated.

Who Benefits from Legal Funding?

Victims of accidents and injured plaintiffs can benefit from cash funding for their legal claim. This benefits the person who needs the money today, right now to live life, pay bills, ongoing medical expenses, to cover lost income and more. For an injured person recovering from a car accident or a slip and fall or any other type of injury, the consequences of such an accident can be far reaching. The victim may be out of work as a result or on medical leave because of the nature and severity of their injuries. Without a job, how does one pay ongoing medical expenses and other costs involved in daily life? This is when High Rise Financial comes in to help such people in their times of need.

Even though you have a legal case that is ongoing, you can almost anticipate that the settlement check is not going to come today or tomorrow but months down the road and potentially even year(s). In such a case, a plaintiff would highly benefit from our funding services. Cash funding for your lawsuit could be approved in days and sent immediately. Our goal at High Rise Financial is to help injured individuals recover their lives in their most difficult days while having a financial resource and tool to allow their lawyers to continue to battle for the highest settlement possible. If we did not offer such a service, people would be encouraged and desperate to accept even the lowest offer from the other party even if it wasn’t fair or right. If you are an attorney, click here to find out more reasons why your client can benefit from pre-settlement lawsuit funding.

How To Qualify for Lawsuit Funding

The types of cases that allow plaintiffs to receive cash before their case or claim settles with the liable third-party include automobile accidents, personal injury incidents and injuries caused by defective or harmful medical devices.

Many scenarios, accidents and circumstances can qualify for the above. Certain factors are taken into consideration by High Rise Financial and our team of underwriters. When reviewing and evaluating your case, we will ask you if you are represented by an attorney or law firm. You must have a ongoing claim or case or be pursuing such a claim actively against the insurance company. We also review the facts of the accident and there is a liability analysis. For example, if a police report states that the other party is 100% at fault for the incident and you are 0% at fault, this will increase your chances of qualifying and receiving pre-settlement lawsuit funding.

Whether you were an insured driver at the time of the accident and whether the at-fault party has insurance are also taken into consideration. Overall, our team at High Rise Financial works directly with your attorney to obtain this information when making an assessment for legal funding for your case. Contact us today to find out whether your claim can get you the cash you urgently need.

Uber Accidents on the Rise

If you or a loved one, family member or friend were injured in an automobile accident with an Uber vehicle, your case may qualify for cash legal funding pre-settlement. If you were a passenger in an Uber driver’s vehicle and were injured or sustained damages and have an ongoing legal case or are pursuing a claim, you should consider cash funding for your lawsuit. Another scenario may involve you being a passenger or driver of the second vehicle and the Uber driver causing the accident as the driver of the first vehicle. Various scenarios may occur. The only requirement is that the evidence show that the other party is liable and caused the accident. In fact, many different auto accidents can occur and are not limited to auto vs. auto.

A car driven by an Uber driver can crash with a motorcyclist, pedestrian, truck driver and more. If you were injured in such an accident, you may be entitled to recovery for your pain and suffering and medical treatments. These are typically referred to by lawyers as general damages and special damages, respectively. Also, depending on the circumstances and the extent of your injuries, you may also have other potential claims for lost income or lost wages as well as loss of consortium if the accident so gravely affected you to affect your marriage or marital relations.

Sometimes referred to as a “lawsuit loan,” cash funding provided by High Rise Financial must only be repaid if your case is successful and there is a monetary settlement. This condition allows plaintiffs who are injured to benefit from the leverage their case holds against the liable defendant third-party. Click here to learn more about how legal funding for lawsuits work both before settlement and even after settlement but before you receive the cash from the defendant’s insurance company.

Can I Sue for Pain and Suffering?

A victim of any personal injury accident can generally sue for pain and suffering money damages. Of course, the amount that will be considered or awarded is directly dependent on the severity of their injuries and the significant of the incident. Someone that trips and scrapes their knee does not have the same allocation for pain and suffering as someone who suffered third degree burns as a result of a defective product which would fall under product liability.

These distinctions are key. Almost every type of case qualifies for pain and suffering, with one exception: that is worker’s compensation claims. If you were injured in an accident while at work for your employer- then you cannot sue your employer for pain, suffering or disability.

What types of Accidents and Injuries Qualify for Pain and Suffering Damages?

Car accidents, medical malpractice cases, pedestrian accidents, slip and falls, product liability, dog bites, construction accidents, nursing home negligence, defective medical devices and other similar cases qualifies for pain and suffering damages. Injuries that would have a high dollar or monetary value on it for pain and suffering would probably include burn injuries, orthopedic injuries, spinal cord injuries or severe injuries to the brain, any type of injury requiring surgery to recover, as well as broken bones and fractures, amputations, and paralysis (paraplegia and quadraplegia).

Minor or less severe injuries would still warrant some compensation for pain and suffering- because even if you did not fall through a skylight on a construction job- you still had some suffering as a result of that rear-ended car accident (even with minor property damage). Leave it to your attorney to fight for you to obtain as much of a recovery as possible for your injuries, treatment and the impact of the accident on your life and well-being.

Cash Funding for Legal Personal Injury Cases Taken to Litigation

If you have a current or pending personal injury case that involves medical malpractice, a construction accident, an automobile accident, a dog bite attack, slip and fall or premises liability cause of action, or anything related to a negligent third party causing you a direct injury and harm, your case may qualify for legal cash funding that is similar to a lawsuit loan or cash advance. Cases that are litigated typically take many months to years to resolve (anywhere from 6 months up to 2 years). The increasing cost of litigation and burden of prosecuting your case makes a potential settlement distant and in the far future.

Victims of personal injury accidents who suffer serious injuries like paralysis, burns, broken bones, amputations, orthopedic injuries and more may not have the time or ability to wait to receive their settlement to continue living their daily lives and affording their daily expenses. When a car accident is involved, often times our clients have many fees and expenses to pay and they cannot afford to wait for the insurance company to give in or make a low offer or settlement. In these situations, pre-settlement lawsuit funding makes a lot of sense- especially when the case has a significant potential settlement recovery.

Cash funding for a lawsuit is a popular and convenient option. It allows you a break from stress and worry about how to support your family or loved ones through times of desperation and difficulty, especially where the injuries are life-altering and even permanent. Consider settlement cash lawsuit funding for your case. You can let your attorney know you are interested. We at High Rise Financial will work hand in hand with your attorney of record or law firm to determine whether the facts of your case qualify for a cash loan or funding. Our team of specialists at High Rise are at your disposal with one phone call to (310) 876-8086.