Legal funding for Jones Act maritime accidents and injuries can help you recover financially after an accident at sea. While you are waiting for your settlement, you will face substantial financial pressure to accept a lower award than the maximum amount you could win.
It could take years for you to receive the money from your settlement. And many defendants try to pressure plaintiffs into accepting lower offers, knowing they face financial stress by being out of work with an injury. With pre-settlement legal funding, you could fight for your full settlement.
How Long Does it Take to Receive Jones Act Pre-Settlement Legal Funding?
You could receive legal funding for your Jones Act maritime accident and injury case in less than a day. If you’re facing high medical bills or other expenses as a result of your Jones Act claim, this money could be a lifesaver.
Depending on which legal funding company you work with, your application could take just a few minutes and you could have money in your account within hours.
Due to its status as a non-recourse debt, you can receive legal funding much faster than a typical legal loan. Your credit history and assets don’t affect how much pre-settlement funding you can get. The only factor that’s taken into consideration is the quality of your settlement case, which means you can get access to money faster and easier than a recourse loan.
Can Legal Funding Help You Win a Bigger Jones Act Settlement?
One key strategy that defendants in Jones Act cases use is stalling. They know that plaintiffs in these cases rarely have the financial resources necessary to carry out a months or years-long legal fight. If the defendant can drag out the case, they have a strong chance of forcing the plaintiff to settle for a lesser award.
Legal funding can help you resist these pressure tactics by giving you access to some of your expected settlement award money now. With your legal funding, you can cover the following:
- Payments for childcare
- Rent or mortgage payment
- Medical bills
- General living expenses
The money you recieve for your Jones Act maritime accident and injury lawsuit comes with no restrictions and can be used however you see fit.
Legal Funding Isn’t a Loan
Despite its name, a lawsuit loan isn’t actually a loan and doesn’t even need to be paid back if you lose your settlement case. Non-recourse debt carries no obligation for the person who receives it to repay it with their own assets. This is in contrast to recourse debt, like that from a credit card, which requires repayment.
With legal funding, the collateral is your settlement itself, which means that if you lose your case, you don’t have to repay anything. With a non-recourse legal loan, there’s essentially no risk to your own finances. Should you lose your case or your settlement be worth less than the amount of funding you receive, you won’t have to pay back anything.
Get Legal Funding for Your Jones Act Claim Today
At High Rise Financial, we offer legal funding for Jones Act cases to help you fight for the maximum settlement after an accident. A lawsuit can take months or years to resolve, during which time you may suffer from a loss of income and mounting expenses. Our legal funding can give you the ability to weather these challenges and avoid taking a lower settlement.
Contact us today to find out if you qualify for legal funding. We can offer up to $1 million for each case, and you could have the money in your bank account in as little as 24 hours. There’s no catch, and if you lose your case, you won’t have to pay anything back.