If you have sustained a physical injury, property damages, or losses from another person’s negligent or careless actions, you are within your legal rights to pursue financial compensation through a lawsuit or insurance claim. However, settling an injury claim or getting a court verdict can take a long time. While your lawsuit is ongoing, you may be facing financial challenges due to accumulating bills. If you need immediate funds to cover your living expenses, you can apply for a lawsuit loan in Ohio before your case concludes.
At High Rise Financial, we are dedicated to offering risk-free and low-rate pre-settlement loans to plaintiffs awaiting their injury settlements in Ohio. Our lawsuit funding in Ohio is non-recourse and absolutely safe. The legal funding is all yours, and you can use the cash advance to pay your outstanding debts and medical bills, buy groceries and food, go on vacation, and meet your other financial obligations. Above all, if you lose your case, you don’t have to repay the pre-settlement funding.
Fault Laws in Ohio
Ohio follows the at-fault system for personal injury and motor vehicle accidents. This means that the party responsible for causing the personal injury or auto crash will be held accountable for any injuries, damages, and accident-related losses suffered by the victim. This system is commonly referred to as a “tort” system.
Furthermore, Ohio’s fault laws include a modified contributory fault principle. This allows the court to share faults between parties involved in the incident. According to Ohio’s contributory fault law, if you are found to be partially at fault for an accident, your financial compensation will be reduced by your degree of fault.
For instance, if the judge or jury awards $50,000 for damages, and you were found to be 20% at fault for the personal injury or accident, you will only be allowed to recover 80% ($40,000) of the total damages. However, if you are more than 50% at fault, you will be barred completely from recovering any damages.
Key Things to Know About Our Lawsuit Loans in Ohio
If you’re facing financial hardship while your lawsuit is ongoing, and you would like to take out a pre-settlement loan, here are some important things that you should know about our legal funding:
- The legal funding is completely safe and non-recourse. There are no risks involved for you.
- There are no income validation, credit checks, or job history reviews required when you apply.
- There are no upfront costs, monthly payments, or out-of-pocket fees needed. We will inform you about all fees and costs involved.
- The settlement funding is not a personal loan or traditional bank loan. You will only pay back the pre-settlement loan upon winning your case.
- If you are approved for our Ohio settlement loans, you will get your cash within 1 to 2 business days.
- The legal funding application process is simple and quick. Our trusted experts will walk you through every phase of the application process from start to finish.
How to Apply for Lawsuit Loans in Ohio
What’s more, our risk-free pre-settlement loans are open to all claimants with qualifying lawsuits across Ohio, regardless of their financial, income, or employment status. You can follow the steps highlighted below to apply for a non-recourse lawsuit loan:
Contact Us: Reach out to our dedicated team to inform us that you want to get a risk-free pre-settlement loan while your case is ongoing. Our representatives are available to speak with you 24/7.
Fill Out Your Form: Head to our website to fill out your forms and complete your application. There are no income validation or credit score checks. We only ask for your personal information and other relevant documents.
Submit Relevant Case Details: Submit crucial details about your ongoing case as well as your attorney’s contact information.
We Meet with Your Lawyer: Our trusted team will meet with your legal representatives to deliberate more on your ongoing case. We will evaluate the strengths of your case, your possibility of winning, and the amount of settlement you are likely to recover.
You Wait for Approval: Our financial specialists will assess your lawsuit loan application and all the documents you submitted. This will help us make an informed decision regarding your eligibility for a settlement loan and the amount you can get from us.
Receive Your Cash Advance: Once we approve you for any of our Ohio lawsuit loans, your funds will be made available to you in less than 24 hours. The money is all yours, and you can spend it how you like. We will not monitor what you use your money for.
How to Spend Your Ohio Lawsuit Funding?
The purpose of our pre-settlement loans is to help you get your life back on track or achieve financial relief while your case is ongoing. Here are some ways you might spend the funds:
- Cover medical bills and buy medicine.
- Buy food and other items you need.
- Make payments on your car
- Pay your lawyer and court fees.
- Pay for everyday expenses.
- Take care of your family’s needs
- Keep up with rent, mortgage, or utility bills
- Even go on a trip if you want.
Remember, this money from the pre-settlement loan is yours to use as you need. We don’t check how you spend it, unlike banks or other money lenders. The goal is to help you cover your living expenses while your case is ongoing. You’re free to use the funds in whatever way that helps you the most during this time.
Need an Affordable Lawsuit Loan in Ohio? Contact Us Today!
If you’re going through financial adversity after an accident or injury or while your case is ongoing, and you need immediate funds to pay bills, our Ohio legal funding may be right for you. Contact us at High Rise Financial today or call our toll-free number at (866) 407- 6404 to apply. We’re proud to serve clients throughout the state of Ohio.