Florida Legal Funding
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Stay afloat with cash through pre-settlement legal funding.
According to the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) in 2019, there were about 401,867 total crashes statewide and 236,753 injuries. Being involved in an accident can be a painful experience, especially if it results in hospitalization. Dealing with the financial ramifications from medical bills and lost time at work can be overwhelming.
Thankfully, High Rise Financial can offer you the pre-settlement funding that you need to meet your basic expenses after your accident. If you need financial help after your accident, you don’t need to apply for a lawsuit loan in Florida. Our pre-settlement funding can serve as a lawsuit loan alternative for you to pay bills while your attorney helps pursue your rightful compensation.
We understand the long legal battles plaintiffs go through while recovering compensation for their injuries. We provide pre-settlement funding in Florida to help personal injury victims and their families meet their basic needs, including food, housing, shelter, healthcare, and more. Our funding has all the benefits of a lawsuit loan and none of the risks to your personal finances.
Why Should You Use Legal Funding in Florida?
A settlement can take months or even years to resolve. During this time you could face mounting financial pressure to accept less money from the defendant and insurance company. Unfortunately, the defendant knows this and could take steps to draw out the case, especially if they are at-fault.
The good news is you can beat these stall tactics with pre-settlement legal funding. Also known as legal funding or a lawsuit loan, pre-settlement legal funding is essentially a cash advance on the potential value of your settlement. You could get the money from your settlement now to pay for bills and any other expenses you need, giving you the financial strength to fight or the maximum award.
Unlike a traditional lawsuit loan, legal funding is classified by the IRS as a nonrecourse debt and carries no obligation of repayment. Any repayment will come from your settlement, not your personal finances. That means you’ll only pay it back if you win your case, and if you lose, you owe nothing.
Requirements for Lawsuit Loan Alternatives in Florida
A “pre-settlement loan” can be described as a cash advance on your personal injury lawsuit that you can receive now. Unlike a lawsuit loan, you will only need to repay your pre-settlement loan when you win your injury lawsuit.
To be eligible for a pre-settlement loan in Florida, you must meet the following requirements:
- You must have an injury claim to be entitled to a pre-settlement loan.
- Your injuries must be due to the traffic accident.
- You must be living in Florida or have a pending personal injury case in Florida.
Fault Laws in Florida
Florida is a “no-fault” state. Under the system, the injured victims may turn to their insurer to make injury claims.
Also, Florida uses the “pure comparative fault” principle. The rule allows you to recover damages for your injuries, even if you were partially at-fault for the accident. However, this means your total compensation will be reduced by your fault percentage if you’re found partially responsible for the accident.
Qualifying for Lawsuit Funding in Florida
Qualifying for a pre-settlement loan or lawsuit loan alternative in Florida is relatively easy. You will need to provide:
- Your name
- Phone number
- Case types
- Contact information for your lawyer
Once you fill out and submit your application form for the lawsuit loan alternative, our trusted pre-settlement loan experts will handle the rest. Our team will work with your lawyer to determine your chances of winning the lawsuit and how much compensation you’re likely to get.
However, your lawyer must approve of your legal funding. If your lawyer doesn’t want to use third-party legal funding for your case, we unfortunately won’t be able to help you.
What Types of Accidents Are Covered By Pre-Settlement Legal Funding in Florida?
The type of accidents that are covered under pre-settlement legal funding vary from state to state. The following are some of the most common types of cases that qualify for legal funding through our office here in Florida:
- Car accidents
- Personal injury
- Jones Act
- Defective medical devices
- Medical malpractice
- Wrongful death
If your specific case isn’t listed, you may still be able to receive pre-settlement legal funding from us. We cover nearly every type of personal injury case. Contact our office to find out how we can help you.
Choose High Rise Financial for Your Pre-Settlement Loans in Florida
If you or someone you know is trying to apply for a lawsuit loan or funding in Florida, contact High Rise Financial to schedule a one-on-one consultation. Our legal funding specialists will be available to discuss your personal situation and explore your alternative options for a lawsuit loan. We will send you cash as soon as your application for a pre-settlement loan is approved.
Our pre-settlement funding remains the ideal lawsuit loan alternative for you. Find out today if you qualify and get the money that you need to fight for what you deserve.