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Lawsuit loans in Brooklyn, NY, are an immediate solution. It’s created for victims to get a fair fight for the legal battles against somebody else’s negligence. The lawsuit loan is there as a financial buffer for plaintiffs. They can use it to pay bills, insurance, medical, and living expenses.
In This Article
How do Settlement Loans in Brooklyn, NY Work?
The first step in getting settlement funding is filing a personal injury lawsuit. It’s essential to have a legal representative to help victims navigate through the legal funding process. Regardless of which pre settlement loan provider you go for, the lawsuit funding firm evaluates the case to determine the amount they could offer you.
Once approved, you get the settlement loan straight to your account or via FedEx. The best part about pre settlement loans is that they are non-recourse loans. Thus, you’re not obligated to repay the lawsuit loan if the case is not won. There’s also no monthly payment arrangement. You only pay once the case settles, and you pay from the settlement award.
Qualify for a Lawsuit Funding Today
Settlement loans don’t have many requirements. The following are factors that affect your lawsuit funding qualifications:
- Whether you have an ongoing personal injury lawsuit
- If you have a legal representative
- The strength of your case
- The statute of limitation
Why Apply for Settlement Loans
There are several good reasons to apply for a settlement loan. Consider the following.
Settlement Funding gives you more time.
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Insurance companies often drag the process and then give you a lowball offer to settle. Many victims just accept it because they need the money. However, with a pre settlement funding, you have the money to give your attorney more time to create a solid case.
No credit check for lawsuit loans in the Brooklyn application.
Many plaintiffs’ topmost worry is their credit score. Unlike traditional loans, settlement loans are not based on collateral and credit scores. In fact, the credit score is never a part of the settlement funding application process. Your settlement loan is solely based on your case. Therefore, the stronger the case is, the more you’re likely to apply for lawsuit loans.
Reputable Settlement Funding Provider in Brooklyn, NY
High Rise Financial is a long-standing settlement loan provider based in Los Angeles. But the firm offers presettlement funding services throughout the US. With so many settlement loans available for you, it’s critical that you get to know the firm where you will apply for settlement loans.
Here at HRF, we don’t have hidden fees for pre settlement funding. The streamlined application process allows you to get your resettlement funding within 24 hours. Settlement loan is for everyone. If you think you have a solid case and you need pre settlement funding, you know who to call.
Visit the site today and apply online for a settlement loan.