Apply Now
You may get injured in an accident due to no fault of your own. In this instance, you may seek damages from an at-fault party through a personal injury lawsuit. Along with this, you may be eligible for a North Carolina legal funding.
At High Rise Financial, we offer lawsuit loans in Raleigh designed to help you stay afloat financially during your litigation. Our team is available to go over our pre-settlement funding options with you. For more information, reach out to us.
Raleigh Personal Injury Lawsuit
There is a three-year statute of limitations for filing a personal injury claim in Raleigh, per North Carolina General Statutes §1-52. You may submit a claim based on an injury caused by a negligent driver, property owner, or any other at-fault party. Common reasons why people request compensation through injury lawsuits include:
- Bus accident
- Car accident
- Medical malpractice
- Motorcycle accident
- Product defect
- Slip and fall accident
- Ridesharing accident
- Truck accident
You may seek economic and non-economic damages in an injury lawsuit. Economic compensation may be awarded for medical bills, lost wages, and other losses you can quantify, and non-economic damages may be provided for pain and suffering. There are also times when a judge or jury offers punitive damages to deter an at-fault party from committing future acts of negligence.
To apply for free, call (877) 735-0016
Proving Liability in a Personal Injury Case
Just because you request compensation from someone who caused you to get hurt does not guarantee you will get damage. You are responsible for the burden of proof in your injury case. There are four elements of negligence you must show were present at the time your accident and injury occurred:
- Duty of Care: An at-fault party had a legal obligation to act in a reasonable and cautious manner.
- Breach of Duty of Care: This party was reckless and careless and as such, violated their duty of care.
- Causation: Because the party broke their duty of care, you got hurt.
- Damages: You are dealing with quantifiable or subjective damages due to the party’s actions.
You may hire a personal injury lawyer who can submit a claim against an at-fault party and build a body of evidence to use against them. Also, your lawyer may answer frequently asked questions and any others you have about Raleigh lawsuit loans. They may help you decide if now is the right time to request legal funding.
Raleigh Lawsuit Loans Lawyer Near Me (877) 735-0016
How Lawsuit Funding Works
You can ask for settlement loans for personal injury lawsuits as long as you are involved in an active case. In addition, you must hire an attorney to represent you. Your lawyer will advocate for you, protect your legal rights, and handle communications with your lawsuit loan company.
There are no risks with legal funding. Your pre-settlement loan provider accepts your request for money based on your injury case. If for any reason you do not receive any damages, you are not held responsible for your loan.
High Rise Financial removes the guesswork from legal loans. Our lawsuit funding specialists can walk you through our application process. To learn more, get in touch with us.
Legal Funding Benefits
If you suffer an injury, you may need money right away, since you may be unable to work for an extended period. Your initial thought may be to pursue a personal loan. However, when you consider what is a personal loan and how it stacks up against pre-settlement funding, you may not be in your best interests to move forward with one.
To get a personal loan, you may submit a request to a bank or credit union and have to wait days or weeks before you hear back. If your request is approved, you may receive money in accordance with your lender’s terms and conditions. You will have to pay back your loan with interest until it is fully repaid.
Comparatively, a legal loan offers flexibility that a personal loan cannot match. Your lawsuit loan company understands you may get compensation or could not receive any damages at all. Regardless, the business offers you funding — and it covers 100% of your loan balance if you do not win or settle your case.
Complete a Free Application form now
Pre-Settlement Funding Application Process
You have the option to apply for legal funding today and receive your money in as little as 24 hours. The application process may be completed over the phone or online. You may need only a few minutes to fill out your application.
A lawsuit funding company does not need to check your credit score or review your income history. Instead, the business focuses exclusively on the facts surrounding your injury case. It gives you a personalized loan quote based on your projected settlement amount.
Once you receive your loan quote, you may review it and share any questions or concerns you have about it with your legal funding company. If you approve the quote, your loan provider will finalize your request. It will then send your money to you, and you can use it however you decide.
Pre-Settlement Funding Repayment Process
You may wonder how the repayment process works for legal loans. This process begins after your case closes. At this point, you will have to pay back your funding if you receive compensation.
To repay your loan, your attorney deducts what you owe from your damages. Your lawyer submits a payment to clear your legal funding balance. Finally, they give you the remaining amount of your settlement.
In a situation where you are not awarded any damages, you have nothing to worry about. If this happens, your lawyer notifies your legal funding company, and the business clears your loan balance. You keep the money you already received, and if you ever need legal funding again, you may be able to request it at a later time.
Request a Raleigh Lawsuit Loan
High Rise Financial offers lawsuit funding to those involved in a wide range of personal injury cases. Our legal funding specialists can teach you about our lawsuit loan options. To get started, contact us today.
Call or text (877) 735-0016 or fill out our form to apply today for free.