Buried deep down in the fine print on some loan agreements, you’ll find some “legalese” that allows a lender to turn a non-recourse loan into a recourse loan. This is why it’s important that you thoroughly read your loan paperwork or any other financial paperwork for that matter. In This ArticleRecourse Loan vs Non-Recourse LoanWhen …
What Is the Maximum that I Can Receive as a Pre-Settlement Loan?
If you have serious injuries as the result of someone else’s negligence, you may have filed a personal injury case to recover damages and help pay for future medical bills. Your lawyer can help you build a strong case so that you can get the best settlement or jury award. But building a good case …
What Can I Not Use a Non-Recourse Loan For?
Here at High Rise Financial, we provide a type of legal funding known as a non-recourse loan. We are not a bank. Instead, we work with clients who have been seriously injured as a result of negligence on the part of another person or entity. This can be due to a motor vehicle accident, medical …
What Can I Not Use Pre-Settlement Funding For?
If you were severely injured through the negligence of another, you have likely filed a personal injury claim. High Rise Financial works with clients just like you. If your injuries caused you to miss work, or you’re incapable of working due to the severity of your injuries, you may have trouble paying your bills. Pre-settlement …
How Does a Non-Recourse Loan Become a Recourse Loan?
You know how your credit card company can increase your interest rate and you can’t do anything about it? Or how they can change the terms of your financial agreement on a whim? The same goes for certain loans, only the financial outcome is more impactful than a higher interest rate or a few more …
How Do I Qualify for a Non-Recourse Loan?
To qualify for a non-recourse loan (legal funding) with High Rise Financial, you must meet a few basic requirements: You must have suffered injuries in an accident. You must have filed a personal injury claim or filed a lawsuit. You must be represented by a personal injury lawyer or law firm. If you qualify and …
How Do I Get a Non-Recourse Loan?
To get a non-recourse loan with High Rise Financial, you must be currently involved in a personal injury case and be represented by a lawyer. Those are the only two requirements to apply for pre-settlement legal funding. We work with people like you who have been seriously injured through the negligence of others and may …
Do I Have to Pay Medical Bills Out of My Settlement Funding?
At High Rise Financial, we provide pre-settlement funding to clients who are involved in a personal injury case and are represented by a lawyer. Not everyone involved in a personal injury case needs pre-settlement legal funding. It depends on your individual financial circumstances. But if you can’t work because of your injuries or you lost …
What to Consider When Selecting a Lawsuit Funding Company
High Rise Financial, along with many other lawsuit funding companies, offer pre-settlement loan alternatives for personal injury lawsuits. When deciding which company to utilize, one should consider various factors including: How quickly the pre-settlement funding or cash will be sent to you for immediate use; Whether the lawsuit funding company charge interest or a flat …
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