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Fortunately, lawsuit loans may be your chance to cover your costs now. When you are unsure whether your personal injury case qualifies for legal funding, the best way to find out is by filling out our quick and easy application. However, if you are not quite ready to apply and are interested in learning more about how settlement legal funding for personal injury lawsuits works, you can contact our loan specialists with High Rise Financial to explore your options further.
We Have the Capacity to Fund Many Types of Personal Injury Cases
High Rise Financial has the capacity to offer settlement legal funding for virtually any type of personal injury case. A personal injury claim is any type of lawsuit you file when you have suffered injuries that had a significant impact on your life, whether that be physically, emotionally, or financially. Some of the most common types of personal injury cases we fund include:
- Car accidents
- Medical malpractice
- Slip and falls
- Talcum powder lawsuits
- Motorcycle accident
- Nursing home abuse or neglect
- Promises liabilities
- Dog bites and animal attacks
- Transvaginal mesh claims
- Hernia mesh claim
- Defective medical devices
- Commercial truck accidents
- Bus accidents
- Pedestrian accidents
- Bicycle accidents
However, we do not fund personal injury cases alone. Anytime someone has suffered significant damages, whether through an employment law complaint, police brutality, or work-related accidents, they may have the right to compensation by filing a civil lawsuit. You can get an advance on your anticipated set out by requesting legal funding through High Rise Financial.
To apply for free, call (877) 735-0016
Qualifying for Legal Funding After a Personal Injury
If you are interested in applying for financial support but are unsure of where to begin, start by finding out whether you qualify. We do not have an extensive list of eligibility requirements. To be approved for legal funding for a personal injury lawsuit, you must:
- Be 18 years of age or older
- Work with a personal injury attorney throughout the claims process
- Expect to be awarded compensation when you win your case
Our loan specialists will need to speak with your lawyer before we can grant your request for legal funding. We need to determine how much you are expecting to recover and how long it will take for your settlement to be finalized before we can issue your funds. However, once approved, the money could reach your bank account in less than 24 hours.
Factors Impacting How Much You Could Be Authorized
Several factors could have an impact on your personal injury lawsuit loan application status. It is important to understand these factors so you can prepare accordingly. Some of the most notable elements to be aware of include:
The Statute of Limitations
Every state has a deadline for how long you have to file a personal injury claim. For example, in Pennsylvania, under 42 PA §5524, injury victims have two years to file their personal injury lawsuits. However, in South Carolina, according to the South Carolina Code of Laws, Title 15, the statute of limitations expires three years from the accident date.
Those who fail to file their claims before the statute of limitations expires may miss out on the compensation they would have been entitled to if their claim had been filed in time. However, certain circumstances also allow the countdown to be temporary. For example, if you were not diagnosed with injuries caused by the accident until after the collision or your minor child was injured, this deadline may be extended.
Sharing Fault for the Accident
If you are found to share responsibility for the accident, this could have a dramatic impact on your personal injury settlement. States handle shared blame differently depending on where you are. For example, if your accident occurred in Virginia, you would be subject to pure contributory negligence laws under the Code of Virginia Chapter 6 §8.01-58.
Here, you would be prohibited from recovering compensation for your damages, even if your portion of blame was no more than one percent. However, if you lived in California, your case would fall under the state’s pure comparative negligence statute, California Civil Code 1714. Pure comparative negligence laws do not limit how much blame you can carry while still being awarded compensation for your damages.
Then, there are states that follow modified comparative negligence systems, such as Florida, under Florida 2023 Statutes §768.81. Here, if you share more than the state’s bar limit of liability, you no longer have the right to recover compensation. However, if your settlement is less than the limit allows, your settlement will be reduced proportionately.
How Much Your Damages Are Worth
The amount of compensation you expect to be awarded will also determine how much we can authorize and pre-settlement legal funding. High Rise Financial has offered up to $1 million in legal funding in the past. However, in most cases, we can approve claims for up to 20% of your expected settlement.
Turn to the Nation’s Top-Rated Lawsuit Loan Provider for Your Personal Injury Funding Needs
While many financial institutions and credit lenders prey on those who struggle financially, High Rise Financial offers an alternative opportunity to personal injury victims across the country. When you are working with a lawyer to recover the compensation you deserve but are still negotiating or waiting for your case to finalize, consider legal funding for personal injury lawsuits. Our pre-settlement loans are non-recourse, so you do not have to worry about paying them back until you win.
We make our application process easy so you can get the financial support you need when you need it most. Upon approval, your funds could arrive in your bank account in a matter of hours. Apply now or connect with our loan specialists by phone or through our quick contact form if you have additional questions about how lawsuit loans for personal injury claims work.
Call or text (877) 735-0016 or fill out our form to apply today for free.
