Best Pre Settlement Loans Provider in El Cajon, California
A good percentage of civil cases are personal injury lawsuits. The top common reasons for these kinds of lawsuits are traffic accidents, dog bites, medical malpractice, faulty products, construction accidents, etc. Unfortunately, these accidents happen regularly.
Legal funding acts as a buffer while the case is going on. Applying for a lawsuit loan can help you get immediate funds before your case settles. Call us today at (866) 407-6404 to get settlement funding in El Cajon, California.
Your Guide to Settlement Funding
The California Health Care Foundation reports that over five million people yearly visit emergency rooms for unintentional injuries ranging from minor to major ones. Some others may be unable to work and support their family for a long time.
Victims file lawsuits against the negligent party. However, this is a lengthy process, and if you’re financially strapped, not such an ideal option. Pre Settlement funding firms offer a quick solution.
You don’t have to wait for months or years for your settlement award. You can apply for pre settlement loan today and get an advance from your future court awards. Consult your attorney for other options first before you decide on applying for presettlement funding.
Frequently Asked Questions about Lawsuit Loans
Below are compiled frequently asked questions about settlement loans.
Can my lawyer provide me with a settlement loan?
Your lawyer cannot provide you presettlement funding since it may result in a conflict of interest. Often, law firms have several personal injury clients. Moreover, saying yes to one client and then another will make them a lawsuit funding firm.
Who is eligible for a lawsuit loan?
You are eligible for a settlement loan if you have an ongoing personal injury case. Cases include traffic accidents, workers’ compensation accidents, medical malpractice, wrongful deaths, etc.
When can I get my presettlement funding?
Pre settlement funding firms typically have a quick approval process for lawsuit loans. As a result, you may get your settlement loan within 24-hours or less.
Where can I use the lawsuit loan?
The lawsuit loan is yours to use, for instance; medical bills, legal fees, everyday living expenses, rent or mortgage, insurance, debts, and others.
Can I apply for multiple settlement loans?
Yes, you are free to apply for multiple lawsuit loans but only from one lawsuit funding firm. Furthermore, the stronger the case is, the higher the possibility of getting approved.
However, if the firm doesn’t approve an extension, you can apply for another firm. The subsequent lawsuit loan firm will reach out to the first lender and payout your existing lawsuit loan.
What are other alternatives to lawsuit loans?
Other options aside from a settlement loan include a personal loan, credit card advance, a loan against your 401(k), or ask help from your family or friend.
What if I lose my case?
Settlement loans are unlike traditional loans, where you need to pay the amount after a certain period. It’s non-recourse funding, an investment by the legal funding firm. In short, you won’t pay a penny if you don’t win.
Where should I get my lawsuit loans from?
Choose a legal funding firm that offers a simple flat rate. Above all, it’s essential to do your research and list your top three lawsuit loan firm choices.
Apply for Lawsuit Loans at High Rise Financial Today
Here at High Rise Financial, we treat clients as mere investments but as victims needing the lawsuit loan to give a good legal fight. Do you want to learn more about lawsuit loans? Don’t hesitate to give our team of professionals a call.