At High Rise Financial, we know that injured people who need pre-settlement legal funding don’t have time to wait around for weeks to get their money. Medical bills pile up, pre-injury expenses may not adjust to your new circumstances, and you could face mounting pressure to settle your case for a lowball offer. That’s why our underwriters work hard to analyze and approve your application as quickly and efficiently as possible.
Typically, clients with personal injury lawsuits who apply for pre-settlement legal funding can get money in their bank account within as little as 24 hours after applying. Depending on the facts of your case, the extent of your injuries, and your expected settlement or jury award, that amount may be as high as $250,000. What could you do with an extra quarter of a million dollars tomorrow?
To learn more about our application process, the repayment process, and why non-recourse funding is the safest form of debt, call our team at (866) 407-6404. If you’re ready to get your money today, just fill out the form on our Apply Now page with information about your case.
In This Article
What to Include in Your Application
When you’re ready to start the application process, you’ll need to have some information handy. Luckily, with the way pre-settlement funding works, we won’t need to be too invasive in your personal life and finances. That’s because High Rise Financial’s pre-settlement legal funding is repaid NOT from your bank account, but from the compensation package you receive at the conclusion of your personal injury lawsuit (whether that’s the result of a settlement agreement, or an award given by a jury at trial). We DON’T need to know any of the following:
- Proof of employment
- Income levels
- Your debt-to-income ratio
- Bank statements
- Tax records
Instead, our underwriters will need to learn more about the specifics of your lawsuit before they can approve funding. The information you should include in your application is:
- The extent of your injuries
- Other damages, such as auto repairs, associated with your accident
- The name of your attorney or law firm
- Your expected compensation amount (usually calculated by your attorney)
If we need any additional information, our underwriters will get in touch with your lawyer to hash out the details.
To apply for free, call (877) 735-0016
Kinds of Cases We Fund
Personal injury law is a broad spectrum, and you may be unsure whether your case qualifies for High Rise Financial’s non-recourse legal funding. Essentially, there are two main aspects that indicate that your lawsuit is about personal injury law: significant damages and liability.
A personal injury claim stems from damages. This includes serious injuries as well as expenses associated with those injuries (medical bills, for example). It also includes the psychological and emotional toll the experience had on you, such as pain and suffering, loss of enjoyment in life, the onset of mental distress like depression or anxiety, and similar ills. If you do not have significant damages, you may not have a claim worth spending the money and time it takes to present a case in court.
The other aspect present in all personal injury claims is liability. This is merely a legal term that denotes responsibility for the damages you suffered. In order for your lawsuit to make sense, someone other than you needs to be responsible for the harm you suffered. If you can show that an individual, a government agency, or a corporate entity caused your damages through their actions or negligence, you may have a viable personal injury claim.
Some of the previous types of cases for which we have provided non-recourse pre-settlement legal funding include:
- Car accidents
- Medical malpractice
- Slip and fall cases
- Nursing home negligence
- Pedestrian or bicycle collisions
- Truck accidents
- Medical device injuries (such as transvaginal mesh or hip replacement lawsuits)
Why Non-Recourse Is Better Than Recourse Loans
We provide clients with non-recourse funding because this type of debt protects the borrower. A non-recourse loan does not hold you personally liable for the full value of your debt. Instead, the most the lender can claim as repayment is the collateral associated with the debt. With pre-settlement legal funding, the collateral is your eventual compensation package. In other words, you do not have to pay us back if you lose your lawsuit!
Another way that our non-recourse pre-settlement legal funding comes at no risk to you is that it is not tied in any way to your personal finances. We are paid out of the settlement or jury award you receive, immediately when your attorney gets the check from the opposing party, so there are:
- NO monthly payments
- NO compound interest
Apply Today to Get Your Money Tomorrow
In many cases, our clients get money in their bank accounts in as little as 24 hours! To start the process and stop stressing about finances, fill out the form on our Apply Now page. For any questions or concerns about non-recourse pre-settlement legal funding, call the High Rise Financial team at (866) 407-6404.