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Pre-settlement legal funding is a way for injured people to get the money they need to pay the bills while their claims settle through negotiations or a court decision. If you have a personal injury case, you might end up waiting for months or years before getting the compensation you deserve from the at-fault party. …
When Do I Start Collecting Pre-Settlement Funding?
Pre-settlement legal funding like the cash funds provided by High Rise Financial can help injured people get the money they need to stay solvent while their case settles. Sometimes, that can mean waiting weeks, months, or even years while the opposing side stalls negotiations or forces the case to go to court. Naturally, injured people …
What’s the Difference Between Lawsuit Loans and Legal Funding?
There is much debate over the pre-settlement funding industry. This is, in part, because many companies with vastly different resources and motives use similar language, causing serious confusion. Even Annuity.org, a leading information resource, lumps the terms “lawsuit loan” and “legal funding” into the same category on its website. However, there are fundamental differences that …
What Can I Use Pre-Settlement Funding On?
High Rise Financial is an authorized lender who supplies personal injury victims with pre-settlement legal funding while their lawsuit pends. Unlike risky lawsuit loans, which have been condemned as dangerous by the Center for Public Integrity and other organizations, pre-settlement legal funding is a no-risk way to get immediate cash. If approved for pre-settlement legal …
What Are Lawsuit Loans?
In a perfect world, injuries would not exist. In a slightly less perfect world, any injuries that do arise would be compensated by the at-fault party quickly and fairly. Unfortunately, our world is not that close to perfection, and injured people often end up waiting for months or years for their rightful compensation while their …
How Long Does It Take to Process an Application for Legal Funding?
Injured people are often left out to dry during lawsuit negotiations and court proceedings. Claims can take months or even years to resolve, and finances tend to dwindle during that time. Even worse, the opposing side knows that this is the case, just as they know that injured people often have to take time off …
How Does the Repayment Process Work?
Unlike lawsuit loans, which can leave borrowers paying back two or three times what they initially borrowed (according to reports by the Center for Public Integrity), pre-settlement legal funding is paid back directly from a personal injury claimant’s eventual compensation. This means no monthly payments, no risk of being locked into repayment if you lose …
How Does Pre-Settlement Legal Funding Work?
Lawsuits are notoriously long, arduous affairs. Unfortunately, that means injured people seeking compensation from the at-fault party who harmed them may end up waiting months or even years to get the money they are owed. When injuries prevent the person from earning an income, hospital bills come calling, and daily expenses keep rolling in, the …
Does It Cost Anything To Apply For Pre-Settlement Legal Funding?
When you apply for legal funding, you usually need financial assistance as soon as possible. Pre-settlement legal funding from High Rise Financial is available for people with ongoing personal injury lawsuits, which can last for years. In other words, applicants are often at the end of the rope, financially. Thankfully, applying for pre-settlement legal funding …