The most recent data available from the Bureau of Labor Statistics (BLS) shows that in 2019, there were 2.8 million nonfatal injuries that occurred at the workplace. Many of these injuries required missed days of work, hospitalization, and more. Getting injured at work can leave you with lots of damages that you can seek financial compensation for.
While some lawsuits can resolve pretty quickly, you shouldn’t assume that yours will. Most lawsuits take several months and even years to settle. Many workplace injury victims end up accruing lots of debt while waiting to receive their settlement. High Rise Financial can give you the money you need to stop that from happening. Give us a call today at (866) 407-6404 to learn more about how we can help you.
Is Legal Funding for Workplace Injury Lawsuits Worth It?
You should definitely get legal funding for your workplace injury lawsuit if:
- Your bills and expenses require immediate payment.
- You’re worried about the amount of debt you’re racking up while fighting your lawsuit.
- You have an urgent need for cash fast, and you’re currently unable to work due to your injuries.
Legal funding also helps you defend yourself against the stall tactics used by insurance companies. Insurance companies like to drag out negotiations because they know that you’re in a tight financial situation after your accident. Delaying your settlement makes it harder for you to make ends meet.
The pressure can become too much, and that will make you open to a lower settlement offer. This is exactly what insurance companies want you to do. They want you to become so desperate for a settlement that they can get away with paying you next to nothing for your damages. By getting pre-settlement funding, you can prevent this from happening and protect yourself from their games.
What Can I Use Pre-Settlement Funding for Exactly?
We don’t restrict you on how you choose to use the legal funding we provide you. You’re free to allocate your funds to whatever financial obligations you wish. Typically, most workplace injury victims use legal funding to cover the most essential and immediate expenses they may have.
You can use legal funding to cover your medical expenses. Did you know that something as simple as a broken bone can cost you thousands of dollars? Surgery is also expensive and can quickly leave you in serious amounts of debt.
While you can receive compensation for these costs, if you need further treatment but can’t put up the cash to do so, our legal funding can be the difference between a devastating financial situation and a steady one.
Rent or Mortgage Payments
You’ll need a roof over your head while you recover and fight your lawsuit. This means paying your rent or mortgage payments on time. If your injuries don’t allow you to work while you heal, it can be hard to muster up the cash to make payments on time.
Landlords and banks can be extremely unforgiving when it comes to deadlines. They don’t care if you’re injured or not, you need to pay them on time, or they will seek to foreclose your home or evict you from the premises. Legal funding can prevent that headache by covering for these bills.
School or Tuition Fees
If you or a loved one you’re supporting is going to school, you don’t have to put those educational pursuits on hold. However, school costs money with textbooks, tuition fees, and more.
After an accident, you may find yourself in a position where it’s either school or making next month’s utility bills. The legal funding you get from High Rise Financial can cover all of your school-related expenses.
Getting Legal Funding Is Fast and Easy
All you need to do to apply for free is fill out our online application form or give us a call so we can help you get started. You just need to provide basic information about yourself, your case, and how much money you need. Our team reviews your application and can give you notification of approval within 24 hours.
You can also receive your money within 24 hours of approval as well if everything goes smoothly. Keep in mind, applying for legal funding isn’t anything like applying for a traditional lawsuit loan. You don’t need to provide any financial documents or go through a credit check.
Don’t Pay Us Back if You Lose
Our legal funding, unlike lawsuit loans offered by other companies, is non-recourse which makes it basically risk-free. If you lose your lawsuit and don’t end up with any compensation, you don’t have to pay us back at all. We don’t charge any ridiculous interest rates, and we are always transparent in all of our transactions with you.
Other legal funding companies try to have their clients into paying insanely high hidden fees or upfront costs. We never do this. Our A+ rating on the Better Business Bureau (BBB) exemplifies our commitment to you and our drive to put your needs first above all else.
Get Legal Funding Today for Your Workplace Injury Lawsuit
We have helped hundreds of clients get the money they need quickly to stay in the fight for their compensation. Don’t end up settling for less than what your lawsuit is worth. Submit an application online for free with zero obligation or give us a call at (866) 407-6404 for more information.