How Do I Borrow Money from a Lawsuit Settlement?

Whether it is a personal injury, car accident, or any other civil lawsuit, seeking compensation and dealing with a court case can be difficult and overwhelming. Since these lawsuits take a long time to settle, claimants may struggle financially while the case is ongoing. Also, medical expenses, living costs, and other finances can easily accumulate and put you in financial hardship. When struggling financially while your case is ongoing, borrowing money from a lawsuit settlement may be the right option for you.

Furthermore, lawsuit loans provide financial relief during this period, helping victims of personal injury, auto accidents, or other civil lawsuits access funds before their case is settled. While you can refer to it as “borrowing money,” it’s important to know that lawsuit loans are not traditional loans. They are non-recourse cash advances based on your pending settlement, and repayment is only required if you win. Let’s explore who should get a lawsuit loan and how to obtain one.

Who Should Consider a Lawsuit Loan?

Not every claimant needs pre-settlement funding, but certain individuals may benefit from it more than others. These include:

• Injured claimants struggling with medical bills – If you’ve suffered an injury, medical costs can add up quickly. A lawsuit loan helps cover expenses like doctor visits, surgeries, and medications while waiting for compensation.
• Victims facing financial hardship – If your lawsuit has caused financial strain and you’re unable to pay rent, utilities, or groceries, pre-settlement funding can provide stability.
• Individuals pressured into early settlements – Insurance companies often push claimants to accept low settlements due to financial desperation. A lawsuit loan allows you to hold out for a fair payout, rather than settling for less.
• Claimants with lost income – If your injury or lawsuit has prevented you from working, pre-settlement funding helps replace lost wages, ensuring financial security.
• Victims with long legal battles ahead – Cases can take months or years, and waiting for compensation can be difficult. Lawsuit loans help claimants remain financially stable throughout the process.

How Does Borrowing Money from a Lawsuit Work?

Borrowing money from a lawsuit, often referred to as pre-settlement funding, is a simple and fast process designed to help claimants who need financial relief while waiting for their case to settle. Unlike traditional loans, this type of funding is not based on your credit score, income, or collateral—it is entirely dependent on the strength and potential settlement value of your lawsuit. Since repayment is only required if you win, there’s no financial risk to you.

At High Rise Financial, we understand how difficult it can be to wait for a lawsuit settlement while dealing with medical bills, rent, and daily expenses. Our pre-settlement funding process is simple and hassle-free. This ensures that you get the cash advance you need within 1–2 business days. Follow the easy steps below to apply for legal funding:

Inform Us

The first step is to express interest in obtaining pre-settlement funding. Once you reach out to our experts at High Rise Financial, we will explain the process and answer any questions you may have. At this stage, there are no upfront fees, and you are under no obligation to proceed.

Fill Out Your Application Form

Next, you will need to submit a short application, providing basic details about yourself and your lawsuit. Our form is simple and does not require credit checks or financial documents—we focus only on the strength of your case.

Provide Case Details and Attorney Contacts

Since pre-settlement funding is based on the strength of your lawsuit, we will need some details about your case. You will provide information such as:

• The nature of your claim
• Evidence supporting your case
• Estimated time to settlement

You will also include your attorney’s contact information, as we work directly with your lawyer to review and verify the claim before approval.

Attorney Consultation & Case Review

Once your application is submitted, we contact your attorney to evaluate your lawsuit and determine whether you qualify for funding. We assess factors such as:

• The merits or strengths of your case.
• The likelihood of winning your case
• Expected compensation amount
• How long it may take your case to settle.
• Legal expenses involved in litigation

Since our funding is non-recourse, meaning you only repay if you win, we carefully review each case to ensure fair funding options.

Decision & Approval

If your case is strong enough to qualify, we approve your request and present a funding offer. This outlines:

• The loan amount available
• Repayment terms
• Any applicable fees

However, there are no upfront costs, hidden fees, or monthly repayments with our pre-settlement funding.

Receive Funding

Once you accept our offer, we will transfer the settlement cash advance to you promptly after approval, timing depends on attorney coordination and case details. You can use the money however you need, whether it’s to pay for medical expenses, rent, groceries, or other essential costs. The money is yours to use without restrictions.

Repay Only If You Win

Unlike traditional bank loans, there are no monthly payments or debt burdens—you only repay if you win or settle your case. If your lawsuit is successful, repayment comes from an agreed percentage of your settlement amount. If your case is unsuccessful, you owe nothing. This makes our pre-settlement funding a risk-free financial option for claimants.

How Much Money Can You Borrow from the Lawsuit Settlement?

Furthermore, the amount you qualify for depends on several factors, such as:

• The expected settlement value of your case.
• The strength of your legal claim and supporting evidence.
• The estimated time until your case is resolved.
• The total legal expenses required for attorneys and court fees.
• The financial impact of the lawsuit on your daily expenses.

With High Rise Financial, you get fast financial relief without the stress of debt. With this, you can focus on your case without financial worries.

Contact High Rise Financial to Get the Legal Funding You Need

If you’re facing financial hardship while your case is ongoing, borrowing money from a lawsuit settlement may be right for you. Contact us at High Rise Financial to schedule a simple consultation and learn more about the cases we fund. Our dedicated experts will be happy to speak with you and guide you through the application process. Call our toll-free number at (866) 265-8738 today to apply.