Losing a loved one to the negligence of someone else is a tragedy. Then, on top of your grief, you often have to wait through a laborious lawsuit process before getting the compensation you deserve. If you are a surviving spouse or child of someone who passed away due to the actions or negligence of …
Will My Lawyer Handle My Pre-Settlement Funding for Me?
When you are pressed for cash as your personal injury lawsuit lingers in settlement mode or trial, not all solutions are the same. Lawsuit loans are notoriously bad news for borrowers, as shown by the Center for Public Integrity. By working directly with your attorney, High Rise Financial takes the risk and worry out of …
When Do You Have to Start Repaying Pre-Settlement Funding?
High Rise Financial offers pre-settlement legal funding for personal injury claimants. Even better, our repayment process requires no effort on your part and comes directly out of the compensation package when your lawsuit resolves. You don’t have to make payments ahead of time, and your attorney handles the repayment process once your case settles. It’s …
What’s the Difference Between a Settlement Loan and Pre-Settlement Legal Funding?
A settlement loan or lawsuit loan might sound like the same concept as pre-settlement funding, but these financial products are very different. The Center for Public Integrity, along with an exposé by the New York Times, notes that lawsuit loans or settlement loans often leave the borrower worse off than when they started. They end …
What’s the Difference Between a Cash Advance and Pre-Settlement Legal Funding?
Companies in the lawsuit lending industry sometimes use terms that sound similar but have different implications and come with vastly different terms. If you have a personal injury claim and are suffering through the sometimes year-long process of getting your compensation, you might need money now. But it can be hard, with all the similar …
What Happens If I Lose My Case?
If you are in the middle of a lawsuit, you might start looking at different funding options to get the cash you need to meet your expenses while your case resolves. Many people turn to lawsuit loans or cash advance companies that charge compound interest and use predatory lending practices warned against by the New …
What Happens If I Default On Repayment?
With any kind of debt, be it from a personal loan, cash advance, or lawsuit loan, the main worry for borrowers is the idea of defaulting on repayment. Debt.org, one of the leading agencies that deal with debt assistance, defines “defaulting” as the failure to pay off the debt that you owe. That can mean …
How Long Do I Have To Repay Pre-Settlement Funds?
The Center for Public Integrity has made note of risky lawsuit loans that either force you into a longer repayment plan with compound interest (making you pay back up to three times what you initially borrowed) or ask you to repay the lender even if you don’t win your lawsuit. It’s natural to be suspicious …
How Is Pre-Settlement Legal Funding Different From Personal Loans?
When you are waiting weeks, months, or years for your personal injury lawsuit to settle or reach a conclusion in court, you have a variety of options to get the money you need to meet your daily expenses. You might consider a personal loan, lawsuit loan, or cash advance, agreeing to terms that are unfavorable …
Does My Credit Score Matter When Applying For Pre-Settlement Funding?
The process of getting pre-settlement legal funding from High Rise Financial is simple and transparent, but better yet: it does not require a credit check. That means your credit score does not matter when you get funds to hold you over while your lawsuit settles. The reason we can offer pre-settlement legal funding without a …
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