Presettlement Funding in Coral Springs, Florida
Accidents are common on Florida’s highways. In fact, the Florida Department of Highway Safety and Motor Vehicles reported 400,431 crashes last year with over 200,000 injuries and 3,707 fatalities.
This shows how many people have the right to file personal injury lawsuits. Cases are complex and take a long time. Future compensation to pay for the medical and legal fees takes months to years too. Hence, the lawsuit loans.
Applying for a lawsuit loan can help you get immediate funds before your case settles. Call us today at (866) 407-6404 to get settlement funding in Coral Springs, Florida.
Do You Need a Lawsuit Loan?
People who suffer from injuries due to accidents are often forced to miss work for extended times. With piling fees and daily expenses, many find themselves struggling financially. Furthermore, insurance companies drag the process and delay their payment to pressure victims into settling for an amount less than deserved.
A pre settlement loan is a solution. It provides you with the money to pay for the medical, legal fees, daily expenses, rent/mortgage, etc. Spend the settlement loan without restrictions once received.
How Does Settlement Loan Work?
The process for settlement funding is quick but not always easy. Approval for lawsuit loans depends on the strength of your claim. The stronger the case is, the higher the chances of receiving legal funding.
Apply for pre settlement loans today at High Rise Financial, a top choice presettlement funding provider in Coral Spring, Florida. We offer settlement loans to help victims fund their lawsuits. Send your application, and our team of legal funding specialists will do the rest. We will talk with the attorney about the case, evaluate your claim, and set a lawsuit loan amount.
After the approval, a contract is sent to you and your attorney. The pre settlement funding is often released within the next few hours—no monthly payment for lawsuit loans. Repay for the presettlement funding when the case is settled.
Why is my Legal Funding Application Denied?
Legal funding firms deny lawsuit loans for several reasons. Unlike traditional loans, credit score and employment history don’t matter for pre settlement funding. Here are some factors that lawsuit funding companies consider.
The case is too new
Settlement loan providers need time to assess the case. Their decision to release settlement loans depends on the evidence and documentation. There wouldn’t be much to work with if the accident happened last week. There’d be fewer medical and police reports. It’s much better to apply for settlement loans at least six months after the accident.
You don’t have a lawyer
You need legal representation since the attorney signs the lawsuit loans contract. Furthermore, no matter the strength of your claim, it’s still nearly impossible to win the case without an attorney.
Your legal team can advise and guide you along the legal process. They can give you the things to consider when choosing the settlement loan firm to apply to. They may have also worked with settlement loans provider in the past.
You’ve already applied for maximum pre settlement funding
Lawsuit loan providers usually offer 10% of the estimated future compensation. It is possible to apply for multiple settlement loans, but your next application will be denied if you’ve reached the 10% limit.
Apply for a Lawsuit Loan Now!
We are your legal funding company of choice! Our team is ready to help you get the lawsuit loan you need to fund your case. Check out the online form and apply for a settlement loan today.