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If you suffer a personal injury, you may be eligible for compensation from any at-fault parties. You may request compensation as part of an injury lawsuit. In the meantime, you may want to pursue Florida legal funding, which may help you cover your expenses during your litigation.
High Rise Financial offers a simple four-step process to help you secure Lehigh Acres pre-settlement funding. Our legal funding specialists can walk you through this process. To get started, contact us today.
How a Personal Injury Claim Works
You may get hurt due to no fault of your own. In this situation, you may be able to request damages from any at-fault parties. You may ask for economic and non-economic compensation for many reasons, such as:
- Medical bills
- Lost wages
- Pain and suffering
There is a two-year statute of limitations for injury claims in Florida. Based on this statute, you may have up to two years from the date you suffer an injury to seek damages from any at-fault parties. If you do not file a claim within this window, you may be 100% responsible for your injury-related costs.
To apply for free, call (877) 735-0016
Types of Personal Injury Claims
You may submit a claim for damages if you suffer a major or minor injury as a result of another party’s negligence. A personal injury lawyer may help you file your claim and seek a reasonable amount of compensation. Reasons why people seek damages for personal injuries include:
- Car accident
- Motorcycle accident
- Truck accident
- Defective product
- Premises liability
- Slip and fall accident
- Work accident
Just because you request compensation from an at-fault party does not mean you will actually get any money from them. This party or their insurance provider may do whatever they can to avoid paying out your claim. Fortunately, a Lehigh Acres lawsuit loan may help you secure compensation, even if your claim is unsuccessful.
Lehigh Acres Pre-Settlement Funding Lawyer Near Me (877) 735-0016
How a Pre-Settlement Loan Works
Not all loans are created equal. While many people view pre-settlement funding as the same thing as a personal loan, there are notable differences between the two. With a clear understanding of how a lawsuit loan works, you can make an informed decision about whether now is the right time to move forward with one.
Generally, a personal loan requires a credit check and a review of your financial history. It may take a bank or credit union days or weeks to evaluate and approve your request for this type of loan. If your request is accepted, you are subject to the lender’s terms and conditions and must repay your loan accordingly.
You do not need to have your credit or finances reviewed to get a pre-settlement loan, and your request for funding may be approved in as little as 24 hours. On top of these things, your loan request is contingent on your personal injury case. If, for any reason, you do not get compensation, you do not have to pay back your legal funding.
Pre-Settlement Funding Repayment Process
To understand how legal funding repayment works, consider an example involving an auto accident case. In this situation, you may receive a car accident loan. Ideally, you get a settlement.
Once you receive your auto crash settlement, your lawyer helps you repay your legal funding. Your attorney takes what you owe out of your settlement amount. They send a check for this amount to your pre-settlement funding company, and you get the remainder of your settlement.
Comparatively, you may be involved in a car crash lawsuit but not receive any compensation. If you got a lawsuit loan, you are covered. Your lawyer will notify your legal funding provider about the result of your case, and you keep the money that was already given to you.
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Lawsuit Loan Application Process
To apply for a legal loan, all you need is your contact information and details about your case. You can submit your loan application materials online or over the phone. It may only take you a few minutes to complete your application.
As soon as a legal funding company gets your application, it reviews your submission. It may be able to provide you with up to $100,000 in pre-settlement funding. The amount it offers depends on the strength of your case and other relevant factors.
You may receive a personalized legal loan quote within one day. If you accept this quote, your pre-settlement funding company will send you money. You can use the money you get however you decide.
Pre-Settlement Funding Risks
A pre-settlement funding provider is upfront about the risks of a lawsuit loan. When you get this type of funding, you do not have to worry about anything. This is because a pre-settlement loan company takes all of the risk.
Lawsuit funding requires no monthly payments, regardless of how your case turns out. A lawsuit loan company approves your funding without knowing if you will get compensation. It accepts the fact that no damages may be awarded, and if this happens, takes full responsibility for your loan balance.
High Rise Financial removes the guesswork from Lehigh Acres lawsuit loans. Our team can teach you about our loan options, how they work, and their benefits. To learn more, reach out to us.
Cost of a Legal Loan
You do not have to pay anything to apply for legal funding. There are no application fees or hidden costs. Along with this, you are not charged anything if you submit an application but choose not to move forward with a legal loan at this time.
There may be interest in your pre-settlement funding. Your lawsuit loan company can explain the interest rate associated with your loan before you finalize your request. Thus, you will know exactly what you will owe if you win or settle your case.
The best legal funding company answers any questions you have. The business wants you to understand all that its funding entails. That way, you know what to expect if you get a loan.
Apply for Pre-Settlement Funding
At High Rise Financial, we want to help you get a pre-settlement loan that meets your expectations. Our team can go over your legal loan options with you. For more information, contact us today.
Call or text (877) 735-0016 or fill out our form to apply today for free.