Westchester County pre-settlement funding can allow you to fight for the maximum settlement possible. A lawsuit can take months or even years to resolve. Few people can afford to fight a legal battle for this long, and the defense is counting on financial pressures to force your hand.
With a lawsuit loan alternative, you can put yourself in a better position to negotiate for your maximum settlement. Find out if this is the right option for you and how to get the best deal on yours.
How Can Legal Funding in Westchester County Help You?
After you’ve been injured in an accident, the insurance company might pressure you to settle. You need money now, but you know you deserve more than what they’re offering. With legal funding, you can get the cash you need now and give your lawyer time to fight for your best interests.
Settlements can take months or years to resolve. But your bills can’t wait for the payout, even if you know you’ll receive it. Unfortunately, this financial pressure causes many people to take a lesser amount of compensation than they would if they didn’t have to worry about making ends meet.
Pre-settlement legal funds in Westchester County give you access to the money you would get from your future settlement now, making it easier to pursue the maximum compensation possible. At the same time, it allows your lawyer a better chance to maximize your lawsuit.
How Does Pre-Settlement Legal Funding Work?
Legal funding is classified as a non-recourse debt by the IRS, which means you can’t be held personally liable for it. Unlike a lawsuit loan or cash advance, the cash funds we provide do not need to be repaid to us if your case is unsuccessful or if there is no recovery. Once you receive your funding, you don’t need to worry about anything related to your case.
As a non-recourse debt, legal funding presents no risk to your own finances. The lender assumes all of the risk of your case and could bear a total loss of their investment if you lose, or could receive less than expected if your settlement is lower. However, this also means that, regardless of the outcome of your case, you won’t have to worry about how to repay your loan.
How Much Does Pre-Settlement Funding in Westchester County Cost?
The amount you’ll pay for Westchester County pre-settlement funding will vary depending on the specifics of your case. However, while we’re not able to give a specific price for legal funding, you can expect to pay a low, simple interest rate if you work with a reputable lender. You also won’t face hidden fees that can eat up the value of your settlement.
In general, legal funding for cases that seem more difficult to win will cost more than those cases where your victory seems assured. However, you should never take on pre-settlement funding with a high, compounding interest rate. This could leave you with little to nothing left from your settlement once your case is resolved, as all of it goes to repaying your capital and interest.
The legal funding industry is largely unregulated, so you’ll want to be sure to shop around to find a lender who has your interests at heart.
How Do I Qualify for Pre-Settlement Legal Funding?
If you or a loved one were involved in a personal injury accident due to someone else’s negligence, and you are pursuing a legal claim against the liable party’s insurance, you may be entitled to legal funding.
You need funds before your case settles to pay for your daily life. Since medical expenses, treatment, bills, and missed time from work can add up, victims of horrible accidents are often more inclined to accept a lower offer from the insurance company or to settle sooner.
The good news is that with pre-settlement legal financing in Westchester County, you could have money in your account within 24 hours of applying. You can benefit from this resource if you are out of work and also collecting a loss of income claim from the insurance company.
Why Choose Us for Legal Funding in Westchester County?
Cash lawsuit funding with High Rise Financial LLC allows you to have the leverage you need to fight your case, either in the courtroom or with the insurance adjuster in negotiations. We provide pre-settlement legal funding in Westchester County upon reviewing your case and claim. This way, you can fight for a higher settlement for your case.
We know what kinds of financial pressure our clients experience after an accident. So, we do everything we can to make it easy for them to get the pre-settlement legal funds in Westchester County they need to achieve the justice they deserve. Our underwriters will review the facts of your case and can approve you in as little as 24 hours.