Boca Raton Pre-Settlement Funding

You may get hurt as a result of someone else’s negligence. In this situation, you may file a personal injury lawsuit but have no idea if you will actually get any money. Thankfully, you may be able to get Florida legal funding you can use while your litigation is underway. 

High Rise Financial can help you stay afloat financially as you move forward with your personal injury case. Our team can teach you about Boca Raton pre-settlement funding and all it offers. For more information, reach out to us. 

Personal Injury Definition

You may suffer an injury due to another party’s actions. There are many reasons why this may happen. These include:

• Car accident
• Trucking accident
• Bicycle accident
• Motorcycle accident
• Work accident
• Defective product
• Medical malpractice

A personal injury may be minor or severe. Regardless, you may pursue economic and non-economic compensation from anyone responsible for it. This may allow you to secure damages for your medical bills, lost wages, pain, suffering, and other quantifiable and subjective losses. 

To apply for free, call (877) 735-0016

Why File a Personal Injury Claim

If you choose to “tough it out” after an injury caused by someone else, the consequences may be significant. You may be solely responsible for your medical costs, which may add up quickly. In addition, you may be forced to deal with an injury that affects you months or years into the future. 

You cannot change the fact that someone causes you to get injured, but you can hold an at-fault party accountable. In Florida, there is a statute of limitations of two years for those who want to file an injury claim. This may give you up to two years from the date your injury happened to request compensation from anyone responsible for it. 

A personal injury lawyer can take a look at your injury claim and determine your eligibility for seeking damages. They may also help you figure out if it may be in your best interests to get pre-settlement funding. If you want a pre-settlement loan, your attorney may serve as your representative in communications with your lawsuit funding provider. 

Boca Raton Pre-Settlement Funding Lawyer Near Me (877) 735-0016

How a Boca Raton Pre-Settlement Loan Works

Many types of legal funding are available. To request a legal loan, all you need is to hire an attorney and be involved in a personal injury case. Your attorney can discuss your loan on your behalf with your lawsuit funding company, and they can keep this business up to date about your case. 

Each legal loan is tailored to an individual. You can provide a lawsuit loan provider with your contact information and details about your case. Then, you can get a personalized loan quote. 

Unlike a personal loan, you do not always have to pay back lawsuit funding. Those who get a personal loan must make payments in accordance with their lender’s terms and conditions. On the other hand, those who secure legal funding are not required to pay anything back unless they win or settle their case. 

Legal Funding Repayment

You are not responsible for lawsuit loan repayment if you lose your case. For example, you may get legal funding but not secure any compensation. In this example, you keep the money given to you, and your pre-settlement funding provider clears your loan balance. 

Comparatively, you are required to pay back your pre-settlement loan if you receive compensation. At this point, your attorney takes care of your loan repayment. They take out money from your damages to pay your lawsuit loan provider, then give you the remainder. 

At High Rise Financial, we take pride in helping plaintiffs secure legal loans. We make it simple to apply for a pre-settlement loan at any time. To learn more, get in touch with us. 

Complete a Free Application form now

Pre-Settlement Funding Application Process

The application process for a pre-settlement loan is much less complicated than the one required for funding from a bank or credit union. In many instances, a bank or credit union needs days or weeks to approve a loan request. With legal funding, you may find out in as little as 24 hours if you are approved. 

You may be able to request a legal loan over the phone or online. The process may be completed in just minutes. A lawsuit funding provider takes a look at your application materials right away. 

There is no need for a credit check or assessment of your finances during the lawsuit loan application process. A pre-settlement funding company determines your eligibility based on your case. It gives you a loan quote and has pre-settlement funding specialists on staff who can answer any questions you may have about it. 

How You Can Use a Pre-Settlement Loan

There are no restrictions on how you use your legal funding. You may utilize your money to cover your medical bills or other costs relating to your injury case. This may help you avoid debt while you continue with your litigation. 

Pre-settlement funding may give you the ability to pursue your claim without having to put your finances at risk. For instance, you may struggle with finances due to the fact that you may not be able to work while you are dealing with a personal injury. A legal loan helps you pay your bills on time so you can keep going in your quest to get the most compensation possible. 

Along with this, a legal loan may help you avoid having to accept a lowball settlement. In some cases, an at-fault party or their insurer may offer far less than what your claim is actually worth. Rather than have to approve this proposal, you can get lawsuit funding, which may help you cover your costs while you keep trying to get a fair settlement. 

Request a Boca Raton Pre-Settlement Loan

If you have a pending lawsuit and need cash now, the team at High Rise Financial may be able to help you out. We may be able to provide you with pre-settlement legal funding that comes with flexible terms and conditions. To get started, contact us today. 

Call or text (877) 735-0016 or fill out our form to apply today for free.