Can You Sell Your Lawsuit?

Whether it is an auto accident, premise liability, medical malpractice, personal injury lawsuit, wrongful death, or any other kind of legal battle, dealing with a lawsuit and insurance companies can be stressful and financially taxing. Thankfully, the booming industry of lawsuit funding has helped address the financial struggles of many claimants who are waiting for their cases to settle. These individuals often need immediate funds to cover daily living expenses and medical bills before reaching a fair settlement.

However, predatory lending practices have prompted concerns from the Center for Public Integrity about “selling your lawsuit.” At High Rise Financial, we offer a transparent, risk-free funding option for plaintiffs who are facing financial distress. Our pre-settlement funding, also known as lawsuit loans, is distinct from traditional loans or personal loan. There are no monthly repayments required when you get our lawsuit cash advances. Instead, we receive repayment directly from your final settlement, freeing you from any repayment burden.

If you’ve been waiting endlessly for your lawsuit to resolve and are worried about medical bills, mortgage payments, utility bills, and other financial burdens, apply online for FREE pre-settlement funding from High Rise Financial.

 

How Pre-Settlement Legal Funding Is No-Risk

Unlike lawsuit loans or cash advances, pre-settlement legal funding from High Rise Financial is classified by the Internal Revenue Service as non-recourse. The difference between recourse and non-recourse debt is significant. Non-recourse debt, like pre-settlement funding, favors you, the borrower, whereas recourse debt favors the lender. That’s because recourse debt allows the lender to seize the collateral that secures the debt as well as more of your personal wealth if the collateral does not cover what is owed.

Let’s translate that into your situation. Since pre-settlement legal funding is non-recourse, you will only need to repay the lawsuit loan using a portion of your eventual settlement or jury award. This is all we ask for at High Rise Financial. We cannot hold you personally liable for the debt if you lose your case. Hence, you can be assured that we will not dip into your personal finances.

Furthermore, the non-recourse nature of the settlement funds means you do not owe High Rise Financial any repayment if you lose your case! When selling your lawsuit to lawsuit lenders – including some dishonest pre-settlement funding companies – you might lose your lawsuit only to learn that you still have to repay the lender at compound interest. This is not so with High Rise Financial.

To apply for free, call (877) 735-0016

How to Get Pre-Settlement Funding Instead of Selling Your Lawsuit

The FREE online application process at High Rise Financial is straightforward and requires as little effort on your part as possible. Our process includes:

• NO tax records requested
• NO bank statements
• NO employment verification or proof of employment.
• NO credit checks.
• NO upfront costs or monthly payments.
• NO application fee or funding fee.

The state of your personal bank account or credit score is irrelevant since we are repaid not through your bank but through your financial compensation. When you’re ready to apply, make sure to include the following information. Learn more about pre-settlement loans here.

The Extent of Your Injuries

Not all injuries are equal, so not all injuries will result in the same compensation. For example, a temporarily broken arm, while painful, will garner a smaller recovery amount than paralysis. In addition to the pain of the injury and recovery process, your compensation is also based on your medical expenses, medical treatment received, the amount of care you will need in the future, your ability to earn an income in the future, and other factors that change based on the seriousness of your injury.

Expected Compensation

Your attorney may have already calculated the potential settlement or compensation they expect you to receive when filing your legal claim. Include this information in your application so that our underwriters can evaluate your application as quickly as possible. Along with your injuries, compensation can also be based on:

• Previous awards given in similar cases or personal injury claims.
• Your particular pain and suffering, such as mental health impacts.
• The cost of repairing or replacing any damaged property from your accident.
• Punitive damages awarded by the judge or jury to further punish the at-fault party.

Contact Information

Finally, make sure to include accurate contact information both for you and for the law firm or attorney that represents you. In order to qualify for pre-settlement legal funding, High Rise Financial requires that a legal professional or experienced personal injury attorney represent you. Not only does that add validity to your claim, but it increases the likelihood of you winning your claim and earning a much higher compensation package than you likely would on your own. It’s just a good idea all around, both during the legal process and when seeking accident loans.

Selling Your Lawsuit, Not Your Life

Don’t be persuaded by shady lawsuit loan companies trying to convince you to sell your lawsuit. In reality, you may be drawn into a harmful lending relationship that ends up putting you into more financial hardship. In fact, you may need to repay two to three times what you borrowed, regardless of whether or not you get the future settlement you deserve.

High Rise Financial is a reputable legal funding company. We are in the business of helping injured people achieve financial relief, not hindering them. If you feel that you need a risk-free lawsuit settlement loan while your case goes through the negotiation or trial process, fill out the form on our Apply Now page today. Our team is standing by to guide you through the funding process. If you are approved, you will get your lawsuit advance in as little as 24 hours or 1-2 business days.

For assistance, call us anytime at (877) 823-4377.

Call or text (877) 735-0016 or fill out our form to apply today for free.

Call or text (877) 735-0016 or fill out our form to apply today for free.