High Rise Financial provides pre-settlement legal funds to personal injury claimants who need cash to hold them over while their case settles or goes to court. As with any situation that involves borrowing money, it’s natural to wonder whether getting pre-settlement legal funding will show up on your credit report. We’re happy to let you …
Do I Have to Pay Taxes On Pre – Settlement Legal Funds?
Taxes are complex, and so are lawsuits. Combine the two, and the average person stands little chance of catching every nuance and understanding every intricate twist in the laws. Pre-settlement legal funding, however, is usually tax-free. You don’t have to pay taxes on that funding. This is because pre-settlement legal funding is considered an advance …
Can You Sell Your Lawsuit?
One of the growing industries in the legal world is lawsuit lending. The need this practice addresses is real: getting injured people the money they need to meet daily expenses and pay off bills while their lawsuit takes months or years to resolve. However, unethical lending practices from predatory lenders have led organizations like the …
Can You Get an Advance on a Pending Settlement?
Personal injury lawsuits can take years to resolve, but bills and daily expenses don’t wait. While you are stuck with a pending settlement or a seemingly never-ending trial, unable to work because of your injuries, you and your family may suffer even more with financial stresses. There are many options on the market for people …
Why Is Pre-Settlement Legal Funding Better Than a Lawsuit Loan?
When you are in the midst of a lawsuit, you are caught between two desires: the need for a quick resolution to compensate your bills and injuries, and the desire to hold out for the best possible settlement. In many cases, the opposing party and their insurance company will purposely stall negotiations. They do so …
Who Is Eligible for Pre-Settlement Legal Funding?
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 …
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