Lawsuit funding gives you the money you need to pursue your legal case to the fullest extent. You can use your lawsuit funding however you choose. As such, your funding gives you the flexibility to keep your bills paid in full without compromising your case.
At High Rise Financial, we offer a wide range of lawsuit funding options. To explore these options, get in touch with us today. Our team can explain the ins and outs of lawsuit funding and how it can help improve your case.
Lawsuit Funding Helps You Get the Medical Care You Need
There are many medical expenses you can incur as you move forward with your litigation, including:
- Physical therapy
- Transportation to and from a medical provider
Americans spend trillions of dollars on healthcare annually. Meanwhile, there is no telling how much it will cost to cover any medical bills associated with your legal case. These bills can escalate over an extended period of time, too.
You can request lawsuit funding for personal injury claims and many other types of cases. The funding allows you to continue to get the medical care you need while you move forward with your litigation. If your case is successful, you can get money that enables you to continue to take care of your health.
To apply for free, call (877) 735-0016
Lawsuit Funding Allows You to Make Payments for Your Everyday Expenses
In a lawsuit, you may request damages due in part to the fact that you are unable to work or have a diminished earning capacity. Your lawsuit may ultimately allow you to secure compensation that makes up for your lost wages. In the meantime, you need to figure out a way to continue to pay for your housing, groceries, utilities, and other everyday expenses.
Legal funding is a viable option for individuals who cannot work or are only able to work limited hours due to an on-the-job injury. For example, you may file a workplace injury lawsuit against your employer, but your claim may take months or years to resolve. While you wait for your case to go to trial, you can use legal funding to pay for various necessities.
High Rise Financial has a team of lawsuit funding specialists in place who are happy to help you in any way possible. To get started with legal funding, reach out to us. Our lawsuit funding specialists can help you get the money you need right away.
Lawsuit Funding Opens the Door to Settlement Opportunities
You can file a lawsuit against an at-fault party but be forced to wait a long time before your case goes to trial. During this period, the court expects you to attempt to negotiate a settlement with the defendant. Thanks to lawsuit funding, you have more time than ever before to pursue settlement opportunities.
Legal funding ensures you have sufficient funds at your disposal while your litigation is happening. This means you can avoid the financial pressure that may otherwise lead you to make a rash decision regarding a settlement offer. Rather, you can take as much time as you need to weigh the pros and cons of a settlement and make an informed decision about it.
In addition, pre-settlement funding can improve your negotiations with the defendant in your case. You and the defendant can go back and forth with many settlement offers since you will not have to deal with financial pressure to immediately resolve your case. If you and the defendant come to terms on a settlement, you can accept it, then repay your pre-settlement funding.
Non-Recourse Lawsuit Funding Removes the Risk that Comes with a Traditional Loan
You can receive pre-settlement funding that is non-recourse, which means it only has to be paid back based on the result of your case. On the other hand, you can request a standard loan from a bank or credit union that comes with myriad terms and conditions. If you are deciding between these options, it may be in your best interests to select lawsuit funding, as it gives you more flexibility than a standard loan.
For instance, you can get a standard loan from a bank or credit union and will need to repay it over a set period of time. The bank or credit union only approves your loan application after a lengthy vetting process. After you get your loan, you will need to pay it back in accordance with your lender’s terms and conditions or will be penalized if you choose not to do so.
Comparatively, pre-settlement funding only has to be paid back if you lose your case. In this situation, your lawyer notifies your pre-settlement funding company about your case result. Your lender takes responsibility for your loan balance, and you keep the money that was already given to you.
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The Bottom Line on How Lawsuit Funding Can Improve Your Case
You may believe all loan options are created equal. Yet, when you examine these options, you may notice that one stands out from the pack: lawsuit funding. This is due to the fact that lawsuit funding offers many advantages over other loan options, such as:
- Convenience: You can fill out a lawsuit loan application in just minutes and receive your money in a matter of days.
- Minimal eligibility requirements: You do not need to undergo a credit check or provide information about your financial history to obtain pre-settlement funding.
- Low-interest rates: Pre-settlement loans have interest rates that are on par or better than those offered on loans from many banks and credit unions.
- Flexibility: Many pre-settlement funding options are available, so you should have no trouble finding one that lines up with your expectations.
- Support: A pre-settlement funding company has courteous, knowledgeable specialists on staff to teach you about your lawsuit loan options.
If you are considering a lawsuit loan, take a look at your options. You can connect with a pre-settlement funding company. Next, you can get insights into how much money you can get.
Check Out the Lawsuit Funding Options Offered by High Rise Financial
At High Rise Financial, we can help you find the right lawsuit funding option for your case. To learn more, please contact us today.