If you were severely injured through the negligence of another, you have likely filed a personal injury claim. High Rise Financial works with clients just like you. If your injuries caused you to miss work, or you’re incapable of working due to the severity of your injuries, you may have trouble paying your bills. Pre-settlement funding can help.
If you have an active personal injury case and you have a lawyer representing you, you are eligible to apply for legal funding. Once we review your application and approve you, we can generally have the money transferred to your account within a day or two. Once the money is in your account, it is yours with no restrictions. You can use pre-settlement funding for anything you need.
Applying is simple. Just fill out the form on the Apply Now page, or call us at (866) 407-6404 if you need help getting started.
In This Article
Most Clients Use Pre-Settlement Funding for Necessities
Most of those who apply for pre-settlement legal funding with High Rise Financial have trouble making ends meet. This is because personal injury cases can take a long time to settle or go to trial. The other side may drag things out in the hopes that you will take a lower offer. If this is your situation, you can use pre-settlement funding to pay the bills so you help your lawyer build the strongest case possible.
There are no rules to what you use pre-settlement funding for. Many of our clients use their legal funding for:
- Hospital and doctor bills
- Home care services
- Home renovations to accommodate a wheelchair
- Paying credit card bills
- Car payments
- Paying the mortgage/rent each month
- Utility bills
- Buying groceries
To apply for free, call (877) 735-0016
How the Pre-Settlement Funding Process Works
Getting pre-settlement legal funding from High Rise Financial is easy. Applying is simple, the approval process is quick, and repayment is a one and done deal.
Applying for pre-settlement funding is free and simple. The only requirements to apply are that you must be involved in a current personal injury case and have a lawyer representing you. If so, then all you need to do is fill out and submit the Apply Now form. We will need some basic information, including:
- Your name
- Your email address and phone number
- The state you live in
- Your attorney’s contact information
Next, we will gather additional information about your case from your lawyer. They can provide us with the paperwork to back everything up, including proof of your injuries and whether you might need ongoing medical care. We will ask them questions designed to help us evaluate the strength of your case, which will also help us determine the amount of damages you can expect to recover.
Pre-settlement funding is not your typical loan. It is more like an advance on your eventual settlement/jury award, rather than your debt-to-income ratio. With High Rise Financial, you do not need to worry about:
- A credit check
- Providing proof of employment
- Providing W-2s and tax returns
We can approve most applications within an hour. We look at the strength of your case, as well as past settlements provided in cases similar to yours, and whether you are seeking punitive damages. Our underwriters then use an industry formula to predict the damages you are likely to receive.
From there, we can determine the percentage of your predicted damages that we can reasonably provide to you. We’ll go over your pre-settlement funding offer with you and your lawyer. The amount will include both the legal funding amount and a one-time fee we charge for our services. Once you agree to the terms, we can generally have the money in your account within 24-48 hours.
Since pre-settlement funding is not a standard loan, how you repay the money is a little different. Your agreement with High Rise Financial will detail how your particular repayment plan will work, but you’ll be happy to know that:
- You won’t need to make monthly payments.
- The money is yours, interest-free.
- You don’t have to pay us back if you don’t win your case.
We get repaid when you win a settlement or a jury award. When your claim for damages resolves, the other party will send your lawyer a check for the full amount that is laid out in the settlement agreement or jury award. Your lawyer then pays High Rise Financial directly from these funds. After they deduct their legal fees, they send you a check or a bank transfer for the rest.
Since your pre-settlement funding is a non-recourse loan, with the collateral being your future settlement, if you don’t win your case you don’t have to repay us. We assume the risk so you don’t have to.
Apply for Pre-Settlement Funding Today
If you need help making ends meet while you wait for your personal injury case to resolve, pre-settlement funding from High Rise Financial can help. Applying is free, and if you’re approved we may be able to get your money to you within 24-48 hours.
Just visit the Apply Now page and fill out our form to apply. You can also call us at (866) 407-6404 for assistance.