Losing a loved one due to someone else’s negligence is one of the hardest things to endure. Unfortunately, bills do not pause during these tough times. Rent and other expenses still need to be covered, and many families in Nevada find themselves facing financial pressure while coping due to the tragedy.
In Nevada, you may be able to hold the at-fault party accountable by filing a wrongful death lawsuit against them. However, these cases can drag on for months or longer. If you need financial support while your case moves forward, Nevada pre-settlement funding can be the lifeline you need.
What You Need to Know About Wrongful Death Pre-Settlement Funding in Nevada
Wrongful death cases can be complex, and they often take a long time to resolve. Lawsuit funding from High Rise Financial gives families access to funds while their case is still ongoing. This money can help with expenses, so they can prioritize healing and pursuing justice with the help of their attorney.
If you’re considering Nevada wrongful death pre-settlement funding, here’s what you need to know:
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It is a non-recourse loan
Litigation funding is non-recourse, meaning repayment is only required if your wrongful death case concludes successfully. If your attorney does not recover compensation, you’re not required to repay the funds.
Unlike traditional bank loans, you’re not personally liable for legal funding. This means that as a funding company, we cannot pursue your income or assets to repay the money. Repayment only comes from your settlement proceeds if your case is successful.
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Eligibility criteria
Approval for wrongful death lawsuit funding is based on your case, not personal finances. At High Rise Financial, we’ll verify that:
- You have already filed a wrongful death lawsuit.
- You are working with an attorney on your case.
- There’s strong evidence showing that the defendant is liable for the death.
If your case meets these conditions, we’ll review it for potential funding.
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No credit checks
We do not conduct credit checks when reviewing lawsuit funding applications. Since our funding is repaid only if the plaintiff receives a settlement, we focus on the strength of your wrongful death case.
Additionally, we do not require proof of income or employment verification.
When to Consider Lawsuit Funding
Wrongful death litigation funding can prove beneficial when:
- The case is taking longer than expected.
- You need funds to cover pressing financial obligations such as funeral expenses, outstanding medical bills, and general living expenses.
- The family’s income has taken a hit after losing a loved one.
- You need resources to hold out for fair compensation rather than falling victim to rushed settlements.
How the Funding Process Works
High Rise Financial understands that families involved in wrongful death lawsuits are already facing a lot and require support. That’s why our legal funding process is designed to be simple and efficient:
- Submit case information. Applying for pre-settlement funding in Nevada is straightforward. You simply submit basic case information through our online application form or by phone. There are no application fees, credit checks, or employment verifications.
- We review your case. Our team will contact you and your lawyer to request supporting documents. Using all the documents submitted, we will review them to understand the facts of your case and determine if you qualify for lawsuit funding.
- Receive an update on your application. If your wrongful death case qualifies for Nevada pre-settlement funding, we’ll present you and your attorney with a litigation funding proposal. This document clearly outlines the funding amount, charges, repayment amount, and the terms and conditions.
- If eligible, you receive funding. Review and sign the contract with your attorney if you agree to the terms. We’ll promptly provide you with lawsuit funding. Families often use these funds for expenses that cannot wait until their settlement comes in.
How Pre-Settlement Funding Repayment Works in Nevada
Lawsuit funding repayment depends on the outcome of your wrongful death case.
- If your case results in compensation, your attorney will deduct the pre-agreed-upon amount from your settlement proceeds to repay the funding. You receive the remaining proceeds.
- If your case is unsuccessful, your attorney will notify us of the outcome. You’ll keep the funding that we’ve already provided to you and walk away owing nothing. This non-recourse feature makes wrongful death legal funding different from a traditional bank loan.
When you partner with High Rise Financial, there are no surprises during pre-settlement funding repayment. This is because we provide plaintiffs with a written agreement that fully explains rates and terms in plain language. Before you sign anything, you’ll know:
- The funding amount available to you
- The rates and fees
- The total repayment amount based on the terms of your agreement
Our funding specialists are always available to answer any questions. Our main objective is to provide lawsuit funding that fits your needs while your case is ongoing.
How to Spend Your Funds While Your Wrongful Death Case Proceeds
With proper planning and budgeting, wrongful death lawsuit funding can help you maintain stability before your case is resolved. You can use the funds to:
- Cover funeral and burial expenses
- Manage final medical bills for the deceased
- Keep up with rent or mortgage payments
- Pay for household expenses, such as utility bills and groceries
- Help replace lost household income after losing your loved one
- Keep up with car loan and credit card payments
- Pay for childcare and education-related expenses
In Nevada, there are no restrictions on how you choose to use your legal funding.
Contact Us Today to Learn More About Wrongful Death Pre-Settlement Funding in Nevada
The death of a loved one can cause emotional agony and leave families under severe financial pressure. While a wrongful death lawsuit may lead to compensation, you could be waiting months or even years.
In Nevada, plaintiffs can benefit from wrongful death pre-settlement funding from a trusted company like High Rise Financial. We provide compassionate and timely support to help you navigate financial difficulty while your case moves foward. Contact us today to apply for free.