In Billings, or in any area you live, the financial aftermath of an accident can be devastating. Victims can quickly get into financial trouble, from medical bills to accumulating debt. Consequently, some end up in even more debt after applying for loans.
- What Is Pre-Settlement Funding?
- How does Pre-Settlement Funding in Billings Work?
- How does Repayment for Pre-Settlement Funding Work?
- How does Pre-Settlement Funding Help Billings Victims?
- Does Pre-Settlement Funding Affect Credit Scores?
- Cases that Qualify for Pre-settlement Loans in Montana
- Apply for Pre-Settlement Funding Now
What Is Pre-Settlement Funding?
Pre-settlement funding is a non-recourse cash advance. For victims of accidents that are waiting for compensation, this is a risk-free solution.
By being a “non-recourse” loan, you’re not obligated to pay it back if you lose your case. You’ll only have to pay back after your case has finished with the funds from your settlement.
To apply for free, call (877) 735-0016
How does Pre-Settlement Funding in Billings Work?
In Montana, victims can sue the person at fault for their accident. Therefore, they have the right to receive fair compensation. However, the time these cases take to settle is quite long.
Pre-settlement funding is based on the claims’ strength to ease plaintiffs’ financial distress. Your assets aren’t taken into consideration for this.
Furthermore, the amount of funding you receive from pre-settlement funding is equivalent to what you’re likely to receive from your settlement.
Billings Pre-Settlement Funding Lawyer Near Me (877) 735-0016
How does Repayment for Pre-Settlement Funding Work?
Once approved for pre-settlement funding, the funds can be released to you within 24 hours. Compared to a traditional loan, the requirement to repay your pre-settlement funds will depend on the success of your case. If you lose your case, you will not be responsible for repaying the funds.
If you are successful with your case, a portion of your compensation may be used to repay the funds. Either way, you don’t have to worry about repaying the funds from your personal income. Because pre-settlement funding is not a loan, you can be offered the funds at no risk.
How does Pre-Settlement Funding Help Billings Victims?
If you’ve been the victim of a personal injury accident, pre-settlement funding may help you in several ways. If approved, you can use the funds to stay on track of your bills. Personal injury victims have difficulty keeping up with their expenses while seeking compensation.
Pre-settlement funding also allows you to negotiate for a greater amount of compensation. Because your finances are taken care of, you don’t have to worry about the length of the case.
You can review each option with your attorney and determine whether it’s worth it.
Complete a Free Application form now
Does Pre-Settlement Funding Affect Credit Scores?
Despite being known as “pre-settlement loans,” this type of funding does not appear on credit scores. Neither does it matter if you have a high or low score. There are no credit checks or income verifications needed for approval.
Cases that Qualify for Pre-settlement Loans in Montana
To apply for pre-settlement funding in Montana, you must have already filed your case in court. These are some of the cases that qualify:
- Personal injury cases.
- Medical malpractice lawsuits.
- Car accident lawsuits.
- Premises liability lawsuits.
You can contact us to discuss your case if you need further information about your legal funding options.
Apply for Pre-Settlement Funding Now
Our process is easy and free if you need legal funding in Billings. First, contact us through our website or call our office. We will need the important details of your case and damages. After receiving that information, we will discuss your options with your attorney.
Once again, the approval depends on the strength of your case. Once you get the approval, you will receive the funds in 24 hours or even less. Then, you can pay for anything you need. There are no limits on what you can pay with pre-settlement funding. Most plaintiffs use the funding to pay for bills, medicine, schooling, and debt. After receiving pre-settlement funding, your financial distress will ease.
You will be able to have peace and recover from this traumatic experience. Your attorney will also have enough time to pressure for fair compensation. You won’t have to settle for less than you deserve. High Rise Financial is here to help you during this difficult time. If you do not have any questions and are ready to start the application process, do so online now!