When you are in the middle of a lawsuit or insurance claim, you may be hoping to recover compensation so you can cover the expenses you incurred due to someone else’s negligent actions. However, these types of cases can take time.
If you are hoping to escape financial instability, plaintive legal funding could be a good fit for you. Our loan specialists at High Rise Financial can help you understand what plaintiff funding is and how much you could be authorized in pre-settlement lawsuit loans. Contact our team today to begin rebuilding your life.
In This Article
Plaintiffs Do Not Have Time to Wait
The impact that a lawsuit or insurance claim can have on your life is undeniable. Although this is a great opportunity for you to recover the compensation you are entitled to, that does not mean the process will be easy. You do not have time to wait months or years for your case to be resolved.
You will likely continue to have trouble making ends meet, covering your regular monthly expenses, reaching your financial goals, and setting your family up for success. With plaintiff legal funding, you can get an advance on your settlement now. In a matter of hours, you can get access to the money you need to take back control of your life.
Some of the different expenses and costs you may need to get covered in the immediate future include:
- Auto insurance
- Rent payments
- Mortgage payments
- Health insurance
- Credit card debt
- Student loan debt
- Life insurance
- Utility bills
- Phone bills
- Internet expenses
- Subscription services
- Gas and heating oil
- Extracurricular activity fees
- Entertainment costs
- Outstanding medical debt
- Costs of vehicle repairs
- Vehicle payments
These are only a few of the costs that cannot afford to wait. You do not need to continue to live in dire financial straits while you go through the legal process. With plaintiff funding, you can obtain a portion of your settlement now so you can cover your debts and start to move forward.
To apply for free, call (877) 735-0016
How Lawsuit Loans for Plaintiffs Work
The thought of taking out a loan while you are having trouble covering your regular expenses can seem like a bad financial decision. However, understanding how lawsuit loans work will give you a better perspective as to why this may be a great solution for you and your family. Here is a general idea of how plaintiff funding at High Rise Financial works:
You Apply Now
First, you need to fill out our application. You will need to provide information about your court case or insurance negotiations, personal details, contact information, and other relevant details we may need to know to process your lawsuit loan application.
We Speak with Your Lawyer
Once you have filled out the application, our loan specialists will need to reach out to your attorney to discuss the details of your case. We need to know how much they expect to be awarded, how much your case is worth, how long it will be before your case is settled, and other details.
Generally, we require our applicants to have an attorney working on their case. This is because lawyers typically work on contingency agreements, which means they would not have taken on your case if they did not believe they were going to win.
We will speak with your lawyer about whether they believe pre-settlement funding is in your best interests. If they do, we will discuss how much should be authorized in plaintiff funding for lawsuit loan application approval.
We Send the Money to Your Bank
After our loan specialists have spoken to your lawyer, we can review your case to determine how much should be authorized in plaintiff funding. This figure can then be sent to your bank account in 24 hours or less. We offer direct deposit so you can access your funds as soon as possible after the application approval.
Your Lawyer Pays Your Loan Back
Then, after your attorney has won your case, when your settlement funds come in, they will be responsible for paying back your plaintiff for funding. They will use a portion of your settlement funds to cover the amount of your loan. That way, you do not need to worry about paying us back later or winding up further in debt.
It is important to note if your lawyer does not win your case, you will not be expected to pay the loan back. Your plaintive funding is a non-recourse loan, which means the only way we could be paid back is by the use of your settlement funds. If you do not win your civil claim, you will not be on the hook for the amount you were loaned in plaintiff funding.
Who Can Qualify for Plaintiff Funding
You may be wondering whether you will meet the eligibility requirements necessary to obtain plaintiff funding application approval. Our requirements are not expensive, but strict.
You must be at least 18 years old to be eligible for a lawsuit loan. Children who are going through civil claims may be able to access an advance on their settlement funds by having their parents or legal guardian handle their case.
You must also be working with an attorney. If you are not working with a lawyer to pursue your civil claim, High Rise Financial will not be able to approve your loan application. Having an attorney is a way for us to trust that your case is likely to succeed at trial and you will receive your settlement funds in the estimated timeframe.
Finally, your lawyer will need to verify that a settlement is expected in your case. Your lawyer will need to let us know how much you are anticipating, how long it will be before your case is finalized, and how long it might be before your attorney receives the anticipated settlement funds.
Call High Rise Financial for Plaintiff Funding Today
After everything you have been through, dealing with a drawn-out legal process can seem impossible. Fortunately, you do not need to wait for your case to be resolved before you can access the compensation you are entitled to.
When you need plaintiff legal funding, High Rise Financial is here to help. Apply now, contact our office by phone, or fill out our online contact form to get your pre-settlement funds sent to your bank within hours. Do not hesitate, as this is your opportunity to take that control of your life once more.