There is a limit to the amount of pre-settlement legal funding that you can apply for, but the actual limit depends largely on the details of your specific case. No two personal injury claims are the same, so no two offers of legal funding are exactly alike either.
If you’ve filed a personal injury claim after sustaining serious injuries in an accident and you have an attorney representing you, then you are eligible for legal funding with High Rise Financial. But how much you can receive and how many times you can apply vary, depending on the circumstances.
If you have a strong case and we approve you, you can receive your money within as little as 24-48 hours.
Interested? Complete the form on the APPLY NOW page to get started.
In This Article
The Amount of Pre-Settlement Legal Funding You Can Receive
The amount of pre-settlement legal funding you can receive depends on several factors, including:
- How and in what state your accident happened
- Who you have filed a claim against (individual, company, government agency)
- The severity of your injuries
- Your current and future medical bills
- Your chances of a full recovery
- The amount of lost income now and in the future
- Property damage
- If you can seek punitive damages
- If yours is a wrongful death case (learn more about wrongful death lawsuit loans or lawsuit loans)
In general, the more severe your injuries and expenses, the higher your eventual settlement should be. And punitive damages can be a wild card that could increase the amount of your award if you go to trial.
Your location is also a crucial factor in your effort to obtain legal funding. In general, it’s easier to obtain a pre-settlement loan in Jacksonville, for example, than in a state with more restrictive liability laws, which increase the risks that a legal funding company will lose on its investment.
Our underwriters take all of these factors into consideration to determine your predicted settlement or jury award, then tell us the amount of pre-settlement legal funding we can offer you.
Range of Funding Available
The exact pre-settlement legal funding that you can apply for and receive is tied directly to your predicted settlement. That said, we have offered previous personal injury plaintiffs anywhere from $500 to $250,000.
Higher amounts are typically reserved for the most severely injured clients, as well as wrongful death claims.
A Percentage of Your Predicted Settlement
In general, in the legal funding industry, you can expect to receive between 10-20% of your expected settlement in the form of an advance. This is to ensure that you are able to pay your lawyer, your legal funding company, and any other mandated payments and still have some money left over to pay your medical expenses.
To apply for free, call (877) 735-0016
You Can Apply for Additional Pre-Settlement Legal Funding
Even if you have applied for and received legal funding from another company, you can still apply for pre-settlement legal funding from High Rise Financial. Similarly, if you have already received funding from us, you can seek additional funds if you need it.
We understand that personal injury claims can take months, if not years, to settle. That’s because insurance companies and lawyers on the other side may try to drag the case out, hoping you will settle for a smaller amount than you deserve.
If you have run out of funds or are on the brink of not being able to pay your bills, please reach out to us. Our underwriters are flexible, and we will do what we can to help you make ends meet.
You should know that we take any previous pre-settlement legal funding you have received into account. But there is no limit on how many times you can apply. We handle everything on a case by case basis.
How and When You Pay Us Back
You pay us back in full when you win your case. This will be the full amount of pre-settlement legal funding, plus our one-time flat fee. We don’t charge interest, so the amount you will need to pay us back from your settlement will never change.
Your lawyer will pay us directly from your settlement before deducting their legal fees. Once any other payments have been made, the rest of the money is yours. You will receive that either in one lump sum or in several payments through a structured settlement.
If You Lose Your Case
While most of our clients win some sort of settlement in their personal injury claims, some lose at trial. With High Rise Financial, if you lose your case and walk away with nothing, you are still protected.
With pre-settlement legal funding, unlike a personal lawsuit loan, you don’t have to pay us back if you lose your case. We take the risk so you don’t have to.
Apply for Pre-Settlement Legal Funding Now
Our application process is free, fast, and easy. Just fill out the form on the Apply Now page to get started. Once we have your application, we’ll contact you and your lawyer for the details of your claim.
And of course, if you have questions or need assistance, you can call our office at (866) 407-6404. You can also start a chat session if you prefer. Our goal is to offer our clients compassionate and caring service and help them through their difficult times.