If you’re approved for pre-settlement legal funding, you may receive benefits ranging anywhere from $500 to $250,000. The higher amount is typically reserved for plaintiffs with the most serious injuries or for family members who have filed a wrongful death claim.
Many personal injury plaintiffs who have been seriously injured in a car accident or other accident have mounting bills. If you’re recovering from serious injuries, you may not be able to work. And that can put a serious strain on anyone.
It can be frightening to face eviction or fend off calls from bill collectors, but it doesn’t have to be that way. As long as you are actively involved in a personal injury case and have an attorney representing you, you are eligible to apply for legal funding. Here at High Rise Financial, we approve most applicants.
Start the process by filling out the form on the Apply Now page.
Plaintiffs like you can benefit from pre-settlement legal funding in many ways. For instance:
You Can Ease Your Financial Stress
This is perhaps the biggest benefit. When you apply for pre-settlement legal funding, you are taking a big step towards reducing your financial stress.
In most situations, if you’re approved, we can typically transfer the funds to your bank account the same day, and definitely within 48 hours.
Many of our clients use the funds to pay basic living expenses, including:
- Mortgage payment
- Utility bills
- Car payment
- Credit card payment
- School and daycare costs
- Medical bills
There aren’t any restrictions on what you can spend your funding on.
If your case takes longer to settle than expected and you need additional help, you can apply for more funding. Just talk to your case manager.
For a free legal consultation, call (877) 735-0016
You Can Give Your Lawyer More Time to Negotiate a Deal
When you’re under severe financial stress, you may be tempted to take a lowball settlement offer. Another benefit of pre-settlement legal funding is that it allows you to reject an unreasonable offer because you’re financially stable.
This, in turn, gives your lawyer more time to build your case and negotiate the best possible settlement they can. Most personal injury cases are settled out of court, but if your case is going to trial it also gives your lawyer more time to line up expert witnesses and prepare you for trial.
You Can Enjoy Favorable Financial Terms
Since legal funding is not a loan, its terms actually protect you, rather than work against you. Legal funding is only a portion of what your eventual settlement will be. This is so that you receive enough money to cover your living expenses, but not so much that it would cut significantly into the eventual settlement you’re depending on to rebuild your life.
Plus, applying for pre-settlement legal funding will not negatively impact your credit score because we don’t run a credit check. That’s because the amount of legal funding we provide is based on your eventual settlement rather than your current financial circumstances.
Other favorable terms include:
- No monthly payments
- No interest
- No repayment until and unless you win your case
The terms of a legal funding agreement are far more favorable than the terms of a lawsuit loan or personal loan.
With a loan, you might have to make monthly payments, and a high compound interest rate would cause the repayment amount to keep increasing. So, even if you lost your case you would still be on the hook to pay the money back.
You Don’t Pay Us Back if You Lose Your Case
Yes, you read that right. Perhaps the biggest way plaintiffs benefit from pre-settlement legal funding is that you can spend the money as needed, and you don’t have to pay us back if you lose your case.
This gives our clients great peace of mind. You get the cash you need to pay critical expenses interest-free, and you only pay us back if you win your case. This is because our payment is contingent on you winning a settlement. In this way, we work for you like your personal injury lawyer does—on a contingent fee basis.
Complete a Free Case Evaluation form now
Types of Personal Injury Cases We Fund
We provide pre-settlement legal funding to plaintiffs injured in a wide variety of personal injury cases including, but not limited to:
- Car accidents
- Truck accidents
- Motorcycle accidents
- Pedestrian accidents
- Slip and fall
- Burn injuries
- Dog bite/attack injuries
- Premises liability
- Nursing home negligence
- Defective medical devices
- Workplace injury
- Wrongful death
If you’re involved in a personal injury case that you don’t see listed here, chances are good that we can still provide you with pre-settlement legal funding.
Our underwriters will make the final determination based on the specifics of your case, settlement amounts in similar cases in your state, and how long it will be before your case is expected to settle or go to court.
While we’re based in Los Angeles, California, we provide legal funding to plaintiffs across the country, including New York, New Jersey, Pennsylvania, Florida, Texas, and dozens of states in between.
Applying for Pre-Settlement Legal Funding Is Easy and Free
At High Rise Financial, our goal is to help personal injury plaintiffs like you ease their financial stress so you can focus on helping your lawyer build the strongest case. It’s harder to do that when you’re worried about keeping a roof over your head.
Applying for pre-settlement legal funding can result in you getting the cash you need to pay your bills. The process is fast, easy, and free.
If this sounds like a good solution to your financial woes while you wait for your case to resolve, get started by completing the form on the Apply Now page. Someone in our office will contact you and your lawyer quickly to get the specifics of your case.
In most situations, the turnaround time for approval is one hour. And if you’re approved for legal funding, in most cases we can have the money in your bank account within 24-48 hours. If you have questions, please call us at (866) 407-6404.