Electric scooters have become increasingly popular over the years. Unfortunately, the number of accidents involving them has also skyrocketed. If you were injured in an electric scooter accident, you may seek total compensation for your damages by holding the liable party accountable.
However, while the insurance and civil claims process may provide you with the compensation you deserve, it may take significantly longer than you thought. Fortunately, when you need legal funding for electric scooter accident lawsuits, High Rise Financial is here to help. Apply now or contact our office with questions about your lawsuit loan eligibility.
How do Electric Scooter Accidents Happen?
Electric scooter accidents can happen for a number of reasons. Generally, someone else’s negligence or misconduct is the cause of incidents and accidents involving electric scooters:
- Drunk driving
- Drugged driving
- Drowsy driving
- Failure to adhere to traffic laws
- Aggressive driving
- Defective or malfunctioning car parts
- Hazardous conditions on the roadways
To pursue an insurance claim or lawsuit, you will need to work with an electric scooter accident lawyer who can help you seek compensation from the liable party. However, the claims process may be considerably drawn out depending on the circumstances of your case.
It could be a significant amount of time before you have the opportunity to recover the compensation that is rightfully yours. Unfortunately, you may have difficulty continuing to support yourself and your family during these tough times.
Electric Scooter Accident Lawsuit Loans
Your family does not have to struggle through financial insecurity anymore. Pursuing an electric scooter accident lawsuit loan could give you the financial relief you need to begin rebuilding your life. Electric scooter accident lawsuit loans are not like traditional loans. With a traditional loan, you would need to approach a financial institution or bank and prove to them that you can pay back your loan with interest.
To be approved for a traditional loan, you will likely need to have good credit or be forced to accept astronomically high-interest rates. Lawsuit loans for electric scooter accident settlements are different. There is no compound interest, and our application process does not require income verification or a credit check. You can get a cash advance on your electric scooter accident settlement when you contact High Rise Financial for pre-settlement funding.
Accessing Pre-Settlement Funds for Your Electric Scooter Accident Injuries
Your electric scooter accident injuries may have taken a toll on your life. At trial and through the insurance company, you have the opportunity to be made whole. This means you should be repaid for every way your life has been affected by your electric scooter accident injuries. However, to determine how much you could access in pre-settlement legal funding, our loan specialists will first need to discuss your expected settlement payout with your attorney.
For many electric scooter accident settlements, Injury victims are expecting to be compensated for a variety of losses:
- Loss of income
- Property damages
- Electric scooter repair expenses
- Healthcare bills
- Diminished earning capacity
- Physical and chronic pain
- Emotional trauma
- Loss of consortium
- Disfigurement and skin scarring
However, the amount of your lawsuit loan request can vary widely depending on the specific circumstances of your case. In some instances, electric scooter accident victims could be awarded anywhere from $500-$500,000. Others may be able to access up to $1 million in pre-settlement legal funding. However, as a general rule, you can expect to be awarded approximately 20% of your expected settlement.
How to Apply for Electric Scooter Accident Legal Funding
When you are ready to apply for an electric scooter accident lawsuit loan, you may be worried that the application process will be as lengthy as your insurance and civil claims. However, to apply for electric scooter accident legal funding, you simply need to follow the following steps:
- Step 1: Fill out our application in detail, and be sure to provide any other supporting documentation and evidence
- Step 2: Make sure we have your attorney’s contact information so we can verify your legal representation and expected payout
- Step 3: Wait for our high-rise financial loan specialists to review your application, contact your lawyer, and approve your lawsuit loan funding
Once your legal funding application has been approved, our team can send your funds to your bank in as little as 24 hours. Your opportunity to start over is here. Apply now to fill out your lawsuit loan application today.
Who Is Eligible for Legal Funding?
Although legal funding for an electric scooter accident settlement may seem too good to be true, you might be surprised to learn that the qualifications for a pre-settlement loan are far less stringent than a traditional loan might be. To be eligible for electric scooter accident legal funding, you must meet the following criteria:
- Be 18 years of age or older
- Have an electric scooter accident lawyer working on your insurance and civil claims
- Your attorney must expect compensation to be awarded in your case
If you had concerns that your poor credit score or damaging credit report could have an impact on your eligibility status, you will be pleased to learn this is not the case. Creditworthiness has no bearing on your ability to qualify for a lawsuit loan.
You also do not need to come with proof of income, as we do not expect you to pay back your lawsuit loan using your wages or other sources of income. The only way you can pay back your pre-settlement loan is through your open electric scooter accident payout. This is what is commonly referred to as a non-recourse loan. If your lawyer loses your case, you will not be expected to pay back your loan at all.
Contact High Rise Financial for Help Today
After your electric scooter accident, you should not be forced to deal with the devastating implications of your injuries alone. The financial trauma of what you’ve been through could hold your family back.
Access the funds you need when you need the most by contacting High Rise Financial for help today. Our legal funding for electric scooter accident lawsuits could make all the difference in your life. Fill out our application now or complete our quick contact form to contact our loan specialist for help.