When involved in an ongoing lawsuit, applying for a risk-free pre-settlement loan can provide you with the immediate funds you need to achieve financial relief. You can use the money to cover various living expenses, including food, groceries, rent, medical bills, outstanding debts, and more. In addition, lawsuit loans in Arizona can help give your lawyer sufficient time and leverage to work on your case and help you recover the maximum possible financial compensation.
At High Rise Financial, we are dedicated to offering affordable lawsuit loans to clients throughout the state of Arizona. Our legal funding is non-recourse, and you will only be required to repay it using part of your settlement amount if you win your case. Also, applying for our Arizona lawsuit loans is hassle-free, without any credit checks or job verification required. Once you are approved for the pre-settlement loan, you can pick up your funds in as little as no time.
Arizona Negligence Laws
Arizona operates using the doctrine of pure comparative negligence. According to this principle, each party involved in an accident will be entitled to seek damages even if they were up to 99% liable for the incident. However, the amount of financial compensation they can recover will be reduced by their own percentage of fault.
For example, if a plaintiff is awarded $100,000 in damages but the jury or judge found them to be 20% at fault for the incident, they would receive $80,000 (20% of $100,000). Hence, even if you were about 99% responsible for your injuries, you can still seek damages under Arizona’s pure comparative negligence laws.
However, Arizona has abolished joint and several liability in most personal injury and accident cases. This means that each defendant will only be liable for their proportionate share of the losses, injuries, and damages suffered by the other party. This can significantly impact the amount of compensation a plaintiff can recover, especially in cases involving multiple defendants.
Why You Should Apply for Lawsuit Loans in Arizona
Are you facing financial stability while your legal battle is ongoing? You don’t have to continue struggling financially until your case is resolved. Here are some reasons to apply for our Arizona lawsuit loans:
Financial Relief During Litigation
Legal battles can be financially draining, especially if you’re unable to work due to your injuries. A lawsuit loan can provide the necessary funds to cover living expenses, medical bills, and other urgent costs while you await your settlement.
Non-Recourse Funding
Arizona lawsuit loans are completely safe and non-recourse. This means that you only repay the loan if you win or settle your case. This reduces the financial risk, as you won’t owe anything if your case is unsuccessful.
Quick Access to Funds
In addition, pre-settlement loans offer you quick access to the money you need right now. Once you are approved, you can receive your funds within 24 to 48 hours. This quick access to cash can be crucial for managing immediate financial needs without waiting for the lengthy legal process to conclude.
Avoiding Low Settlement Offers
Unfortunately, financial pressure can often lead plaintiffs to accept lower settlement offers. With a lawsuit loan, you can afford to wait for a fair settlement. This ensures that your lawyer can fight for your best interests, and you will receive the compensation you deserve.
No Credit Check Required
Also, there are no credit checks required when getting legal funding. Unlike traditional bank loans, approval for a lawsuit loan in Arizona is based on the strength of your case, not your credit history. This makes it an accessible option for those who may have poor credit or no credit history at all.
Flexibility in the Use of Funds
What’s more, the funds from the Arizona legal funding can be used for any purpose, whether it’s covering medical expenses, paying bills, or managing day-to-day living costs. This flexibility allows you to address your most pressing financial needs without restrictions.
How to Apply for a Lawsuit Loan in Arizona
Securing a lawsuit loan in Arizona is fast and easy. To apply for our pre-settlement funding, you should follow the steps outlined below:
- Reach out to our dedicated representatives to notify them that you are interested in taking out a risk-free settlement loan on your ongoing lawsuit.
- Visit our website to fill out your forms. You will need to provide your personal details and submit your application.
- Provide the crucial details about your ongoing lawsuit, other supporting documentation, and your attorney’s contact information.
- Our trusted specialists will get in touch with your lawyer to discuss your lawsuit in detail. We will discuss the merits of your case, assess your chances of winning, and the amount of financial compensation you may probably get.
- Wait for our experienced team to review your pre-settlement funding application and make a decision.
If you are approved for any of our lawsuit loans in Arizona, you will get your funds within 24 to 48 hours or even less. The money belongs to you, and you can spend it how you like.
What Happens If You Lose Your Case?
Before applying for a lawsuit loan in Arizona, many individuals are often concerned about what will happen if they don’t win their case. However, you have nothing to worry about. If you lose your case after receiving pre-settlement funding, you generally do not have to repay the loan. This is because our lawsuit loans are typically risk-free and non-recourse.
Therefore, you will only need to repay the settlement loans if you win your case or receive a settlement. This “no-win, no-pay” structure offers huge financial security for claimants. It eliminates the risk of accumulating debts or owing money should their case be unsuccessful.
Need an Affordable Lawsuit Loan in Arizona? Call Us Today!
If you’re experiencing financial distress after a personal injury or negligent car accident, you may apply for our lawsuit loans in Arizona. Contact us at High Rise Financial today for a simple consultation. Our trusted experts can educate you about your available options and help with your legal funding application. Call our toll-free number at (866) 407- 6404 today to apply.