Whether you’ve already applied for legal funding or not, High Rise Financial can help you with your pre-op. As long as you’re a personal injury plaintiff and you have a lawyer representing you, we can assist you with obtaining the medical care you need, at no up-front cost.
Many victims in personal injury cases need surgery in order to recover as fully as possible. If we’re providing your surgery funding, we will also make sure you get the pre-op done. We provide medical lien funding to cover the cost of the medical treatment you need.
We work with a network of lien-based doctors, hospitals, and surgery centers. Rather than send you a bill or run it through your insurance (if you have health insurance), healthcare providers negotiate with us for payment. That means you get the care you need without any copays, deductibles, or medical bills showing up in the mail.
Interested? Call us or fill out the form to apply for medical lien funding now.
In This Article
Medical Lien Funding vs. Pre-Settlement Legal Funding
Medical lien funding is similar to pre-settlement legal funding in that the funding is directly tied to your personal injury case and your eventual settlement. But there are some major differences, including the funding amount and who controls the funds.
To apply for free, call (877) 735-0016
The Funding Amount
With pre-settlement legal funding, we base the amount of funding you receive on the strength of your case and the damages you might receive. This could range anywhere from $500 to $250,000, depending on the severity of your injuries and if your lawyer is seeking punitive damages on your behalf.
With medical lien funding, there is no set amount we provide. It will vary depending on the medical care you need. For instance, if you need surgery, that might cost thousands of dollars. Pre-op screening would be less of course, as would physical therapy.
We work closely with your lawyer and our lien-based medical providers to help you obtain the surgery or other medical treatment(s) you need as a result of your injuries.
Who Controls the Funding
With legal funding, we provide you with a lump sum payment, which we deposit in your bank account. You control the funding and decide how to spend it. Most of our clients use their funding to pay for basic living expenses such as rent and utility bills. But we do not monitor your spending, and we have no control over those funds once they are disbursed.
With medical lien funding, on the other hand, we control the funding. We work out a payment agreement with the healthcare providers and facilities. We pay them directly – you never have access to those funds.
How You Pay Us Back
The repayment process is the same for both types of funding. You pay us back when you win your case. Whether you negotiate a settlement or win a court award, you will pay us back directly from those funds.
Or rather, your lawyer will. The other side will send the negotiated or ordered amount to their law firm. Your lawyer will then settle all legal claims against your settlement, including:
- The full amount of legal funding you received + our fee
- The full amount of medical lien funding we provided
- Your lawyer’s fees
- Repaying any outside medical liens
- Paying back taxes as applicable
Once all of those are taken care of, the remainder of the settlement is yours. This is most commonly paid out in one lump sum. But if yours is a wrongful death case or you are permanently disabled, your lawyer may have negotiated a structured settlement.
In this case, you will receive multiple payments spread out over months or years. The first payment will be large enough to pay back all of the various fees and non-recourse loans you received.
And if you lose your case, you don’t have to pay us back. We take that risk when we provide you with funding. Most of our clients do win their cases; we generally fund only strong cases to minimize our financial risk.
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Apply Today for Legal Funding or Lien-Based Care
At High Rise Financial, we provide both legal funding and medical lien funding. Both types of funding allow you to get the medical care you need, and meet your living expenses while you wait for your personal injury case to resolve. To apply for either one, just complete the corresponding form or call us at (866) 407-6404.