The Bronx pre-settlement legal funding can keep your head above water financially after an accident. Lawsuits can take months or even years to resolve through a settlement or in court, and few people have the financial resources for a lengthy legal battle.
With legal funding in the Bronx, you can borrow against your expected settlement now. Find out if this is the right option for you as you look for ways to finance your fight for justice.
Types of Personal Injury Cases that Qualify for Bronx Pre-Settlement Funding
If you are pursuing your claim for your personal injury and have retained an attorney, pre-settlement legal financing in the Bronx is available to you. The types of cases that qualify for legal funding include the following:
- Auto accidents
- Dog bites
- Construction accidents
- Injury in the workplace
- Nursing home negligence
- Medical malpractice
- Defective products and medical devices
If your case isn’t listed here, it’s likely that we’ll still be able to offer you legal funding for it. As long as you’re awaiting a settlement, it’s likely that you can obtain a pre-settlement loan for it.
How Do I Get Legal Funding in the Bronx?
The application process for legal funding is simple, and you could have money in your account in as little as 24 hours after approval. Our underwriters will review your file, and our team will get in touch with your attorney regarding the facts of your case and let you know if you qualify for cash funding. You must retain a lawyer in order to receive pre-settlement legal funding.
Legal funds, which are different from lawsuit loans and cash advances, are available to anyone involved in a personal injury claim or lawsuit. With pre-settlement legal funding in the Bronx, you can manage today’s expenses while your lawyer fights for your entitled compensation.
The Benefits of Pre-Settlement Legal Funding in the Bronx
Getting injured after an accident can be life-changing. You’ll likely face mounting medical bills, property damage, a loss of income, and pain and suffering that can last months or years. If an injury puts you out of work, how will you be able to maintain the costs of living? Settlement loans present an attractive option since they allow you to borrow against your expected settlement.
Getting a Bronx lawsuit loan alternative can give you peace of mind in an otherwise complex situation. While you wait for your case to reach a settlement or go to trial, pre-settlement funding gives you a risk-free method of obtaining the cash you need for current expenses. With pre-settlement legal funding in the Bronx, you can:
- Meet basic needs and pay critical bills
- Have enough time for your lawyer to negotiate with your insurer for better compensation
- Eliminate the need for a lawsuit loan
And because this type of financing is non-recourse, you will never pay us back if you end up losing your case. This makes legal funding a truly risk-free option for your lawsuit, unlike credit cards or personal loans, which need to be repaid regardless of the outcome of your case.
How Much Does Pre-Settlement Funding in the Bronx Cost?
A reputable legal funding company will typically charge a low simple interest rate, sometimes of 1 – 3%, for pre-settlement legal funding in The Bronx. The amount you pay will depend on your case and how likely it seems that you will win. Legal funding companies bear all of the risk of your loan, so they only want to back cases that have a strong chance of victory.
While we can’t give you an estimate of how much you’ll pay for alternatives to lawsuit loans in the Bronx, we can give you some tips. For one, a reputable legal funding company won’t charge you additional fees for your legal funding. Additionally, you won’t ever owe more in Bronx pre-settlement funding than your settlement is worth.
Choose High Rise Financial for Legal Funding in the Bronx
At High Rise Financial LLC, we see the effects that personal injury cases have on our clients every day. We know what kinds of financial pressure you’re experiencing and have designed our business to make it easy for you to get the money from your settlement without having to wait.
Bronx legal funding is here for personal injury plaintiffs who need cash now to maintain financial stability. Contact us today for more information or to begin your application! In as little as 24 hours, you could receive up to $1 million in legal funding for your case.