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 credit check is because the repayment comes directly out of your settlement or jury award, not your personal finances. How else does that impact you?
- NO monthly payments
- NO compound interest (only a flat fee)
- NO tax records or bank statements necessary
- NO employment verification
High Rise Financial offers pre-settlement legal funding. That’s different from a lawsuit loan. As the Center for Public Integrity has reported, lawsuit loans can leave injured people paying back two to three times the amount they initially borrowed. Worse yet, they may owe money even if they do not get any compensation out of their lawsuit.
With pre-settlement legal funding, however, the entire repayment is handled by your attorney, who sends High Rise Financial a check for the agreed-upon amount once they get payment from the at-fault party in your case. Then, you keep the rest!
Oh, did we mention: you do not owe us back if you lose your lawsuit. Pre-settlement legal funding is a form of non-recourse debt, which means that it’s designed in your favor and there are limits to what the lender can pursue. Even if we wanted to, we are prevented from doing the shady tactics that other lenders often do, like taking money directly out of your paycheck.
Interested in getting money to pay your bills while your lawyer works toward a significant compensation package? Fill out the form on our Apply Now page today.
In This Article
The Many Uses of Pre-Settlement Legal Funding
If you get medical funding or some other form of financial assistance that is designed for specific expenses, it might have to be used for those exact expenses. Pre-settlement legal funding, though, can be used for whatever you need. Once it’s in your account, it’s your money just like the rest of your money, and you can do with it what you want.
Common Expenses Covered By Legal Funding
Injured people are often kept out of work, with no income, while their medical bills add to their daily expenses. By getting pre-settlement legal funding, you can take care of all the costs of normal life, plus any injury-related costs that have cropped up since you’ve been injured. Common ways to spend your pre-settlement legal funding include:
- Paying off medical bills
- Purchasing in-house medical equipment
- Buying groceries for your family
- Paying utility bills
- Repairing or replacing damaged property (like a car in an auto accident case)
- Meeting daily needs, such as clothes or gas for transportation
Tactical Pre-Settlement Funding
While the purpose of pre-settlement legal funding is to cover your costs and ease your financial burden, there is an added bonus. By removing the immediate pressure of your lack of funds, you take away a key element of the opposing side’s tactics.
Usually, the at-fault party and their insurance company like to take as long as possible in negotiations and at trial. They do this because they know you will get desperate as your bills increase, and they want to pressure you into accepting a settlement arrangement for far less than you deserve.
When you remove that pressure by getting pre-settlement legal funding, their stall tactics no longer matter. Your attorney can take as long as necessary to ensure that you get the compensation you ought to get in the wake of your injuries. If you need to go to trial to get the award you deserve, you have funds to last you!
Plus, our underwriters are willing to work with you if your case drags on. You are able to apply multiple times for pre-settlement funding if you need it.
To apply for free, call (877) 735-0016
Cases We Fund
High Rise Financial offers pre-settlement legal funding to claimants in personal injury lawsuits. As noted by the American Bar Association, there are many case types that fall under that legal umbrella:
- Car accidents (including pedestrian injuries and bicycle wrecks)
- Semi-truck crashes
- Slip and fall cases
- Medical malpractice
- Faulty medical devices (such as transvaginal mesh and hip replacement lawsuits)
- Dog bites
In general, you should be eligible as long as you have a personal injury lawsuit filed in court and are represented by an attorney or law firm.
Get Pre-Settlement Funding Regardless of Your Credit Score
Fill out the form on our Apply Now page to get money in your account in as little as 24 hours after submitting your application. Depending on the facts of the case, High Rise Financial is usually able to provide up to $250,000 to clients in need.
Make sure to include information in your application regarding your injury, your expected settlement amount, and the contact information for you and your attorney. If you have any questions about pre-settlement legal funding or the application process, email us through our contact page or call today at (877) 823-4377.