Apply Now
When you’re involved in a lawsuit, financial challenges can quickly arise. These legal battles and court cases often take time to settle and might leave you with unpaid bills, lost wages, and everyday living expenses. Pre-settlement funding offers a way to ease this burden by providing the much-needed cash advance before your case concludes. However, most lawsuit loan providers require claimants to have an attorney representing them. This is because attorneys play a crucial role in the lawsuit funding process, as they help providers verify case details and ensure that applicants qualify for financial assistance.
The Role of Attorneys in Lawsuits & Legal Funding
Attorneys are essential in navigating the legal process and securing the best possible outcome for plaintiffs. When an injured person files a personal injury, car accident, or civil lawsuit, their lawyer handles court filings, negotiates settlements, and advocates for fair compensation.
Additionally, attorneys help gather evidence, talk to witnesses, and present arguments to strengthen a claim. Without legal representation, claimants may struggle to prove their case or negotiate effectively against insurance companies and defendants.
In lawsuit funding, attorneys act as a bridge between claimants and pre-settlement funding companies. Lawsuit loan providers rely on lawyers to confirm case details, settlement expectations, and financial eligibility. Since pre-settlement funding is based on the strength of a legal claim—rather than your credit score or income—an attorney’s input ensures that applicants receive the right funding amount.
Why Do Lawsuit Loan Providers Require an Attorney?
As mentioned earlier, most lawsuit loan providers require claimants to have legal representation before approving funding. This is because attorneys verify case information, strengthen applications, and work with legal funding providers to ensure smooth approval. Here are a few reasons why an attorney is necessary:
Attorneys Confirm Case Strength: Lawsuit loan providers base their funding decisions on the likelihood of winning or settling the case. Attorneys provide documentation and legal arguments showing that a claim has a strong chance of success. This improved the chances of getting approved for the settlement loan.
Attorneys Protect Claimants from Scams: Working with an attorney ensures that you avoid predatory funding companies that charge excessive fees or impose unfair terms. Lawyers review funding offers and contracts. They make sure that plaintiffs receive fair and transparent funding offers.
Attorneys Communicate with Lawsuit Funding Providers: Most lawsuit loan companies contact attorneys directly to verify case details and expected settlement amounts. Since attorneys handle negotiations and legal paperwork, their input helps companies determine funding eligibility.
Attorneys Ensure Proper Repayment: Handling Repayment for lawsuit loans comes from the settlement or court award. Attorneys ensure that the funding amount is properly deducted from the final payout and handled legally.
Attorneys Speed Up the Approval Process: Without an attorney, lawsuit funding approval takes longer. Since lawyers provide case information quickly, claimants receive funds faster—often within 24–48 hours.
Attorneys Strengthen Lawsuit Settlements: Pre-settlement funding allows claimants to hold out for a fair settlement rather than accepting a low offer due to financial strain. Attorneys negotiate higher payouts so that clients who apply for legal funding also receive better compensation.
Can You Get a Lawsuit Loan Without an Attorney?
No. Unfortunately, it may be difficult or almost impossible to get a lawsuit loan with legal representation. You must have an attorney handling your ongoing legal matter before you can qualify for a lawsuit loan. This is because legal representation is required during the application process. Additionally, your attorney must consent to your application request, as lawsuit funding affects the final settlement payout.
At High Rise Financial, we work closely with your attorney to confirm case details, expected compensation, and repayment agreements. Our funding experts evaluate your case’s merits, potential settlement amount, and estimated timeframe before making an offer. Since our lawsuit loans are risk-free, repayment only happens if you win or settle your case.
If you don’t have an attorney, you will need to hire one before applying for a lawsuit loan. Lawyers provide valuable legal protection and help safeguard your financial interests. Without a lawyer, lawsuit loan providers cannot verify case details, which makes legal funding approval impossible.
Why Hiring an Attorney Improves Your Chances of Getting Legal Funding
Having an attorney significantly improves your ability to receive pre-settlement funding. Lawyers ensure that your case qualifies for financial assistance while helping you navigate the legal process more effectively. Here’s how an attorney increases your chances of approval:
Stronger Case Validation: A lawyer presents clear evidence showing that your lawsuit has a high chance of winning. This improves your eligibility for funding.
Faster Application Process: Attorneys handle case documents and communicate directly with the team from the legal funding company. This ensures that your funding request is approved as quickly as possible.
Better Settlement Negotiation: Lawsuit loans allow claimants to hold out for a fair payout rather than accepting a low settlement. Attorneys negotiate higher compensation amounts and help maximize the final recovery.
Legal Protection from Bad Funding Deals: Some lenders impose excessive fees or predatory terms. Attorneys review funding contracts and prevent claimants from signing unfair agreements.
Secure Repayment Handling: Legal funding companies want to be sure that they will get paid if you win your case. An attorney ensures that lawsuit loan repayment is deducted from the settlement fairly. This helps prevent potential financial disputes.
Need Affordable Lawsuit Loans? Call High Rise Financial Today
If you are facing financial hardship and need risk-free lawsuit loans while waiting for your settlement, High Rise Financial can help. Our risk-free pre-settlement funding provides an immediate cash advance to cover essential living expenses and help you achieve financial relief during such a difficult period. Contact High Rise Financial or call (866) 265-8738 today to apply. If you are approved, you can receive the pre-settlement funds you need quickly often shortly after your case is approved and attorney confirmation is received.