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If you have been wrongly injured in Bakersfield, filing a lawsuit is the best way to obtain monetary compensation for your damages. However, most people don’t realize how long it takes to settle a lawsuit. In most cases, legal proceedings drag on for months or even years. You may struggle to stay on top of your bills during this time. Perhaps you’re out of work, which makes your situation even more difficult. If you’re in this position, a lawsuit loan from High Rise Financial can help. Lawsuit funding can be a lifeline for plaintiffs waiting for their cases to settle. It provides a means of accessing cash before you get a verdict without the risks associated with debt. High Rise Financial can offer the assistance you need to understand and navigate settlement loans in Bakersfield.
Understanding Lawsuit Loans
Many people refer to litigation funding as a lawsuit loan. However, this financial resource is not an actual loan, and it works differently from standard loans you might get from a bank. Lawsuit funding is an expedited cash advance given to a plaintiff with a pending lawsuit. In other words, you get part of your anticipated settlement before your case is resolved. This makes it easier to cover your expenses and fight for the maximum value of your settlement.
Here are the key differences between a lawsuit loan and a traditional loan.
- A settlement loan is a type of non-recourse loan. After your case concludes, you repay it using part of the court settlement or settlement money. Losing your lawsuit means that you don’t need to repay the advance. On the other hand, traditional loans are required to be compensated regardless of the verdict.
- High Rise Financial can provide a lawsuit loan regardless of your credit status. We focus on the merits of your legal claim. Conversely, people with bad or no credit history are often denied standard loans.
- Traditional loans often require collateral such as a house, car, or other assets. However, lawsuit loans are only secured by your future settlement.
To apply for free, call (877) 735-0016
Why Choose High Rise Financial for Your Lawsuit Loan Needs
Not all settlement loan providers are the same. Here is what you can expect when you opt for pre-settlement funding from High Rise Financial:
- Competitive interest rates
- Transparent loan terms
- Easy application process
- No upfront costs
- Quick approvals and funding
Personal Injury Lawyer Near Me (877) 735-0016
Fund Your Fight for Justice with Our Settlement Loans
Litigation funding is designed to provide much-needed financial relief during a challenging period. If you have an ongoing case in Bakersfield and are considering lawsuit loans, High Rise Financial is here to help. Our team will answer any questions you have about pre-settlement funding and guide you through our simple application process. Contact us today and get a non-recourse lawsuit loan to back your lawsuit.
Call or text (877) 735-0016 or fill out our form to apply today for free.