Oregon Legal Funding

When you have suffered an injury or illness caused by someone else’s negligent actions, or if you are dealing with any other type of civil claim, you may be waiting on settlement funds to help provide you with financial relief. Unfortunately, the claims process may be more drawn out than you were expecting. When this happens, you may be looking into alternative options for financial relief. 

Fortunately, our loan specialists at High Rise Financial have the answers you have been looking for. With our Oregon legal funding, you can cover your costs now and settle your lawsuit later. Contact High Rise Financial loan specialists today to apply now or discuss your options going forward.

Legal Funding in Oregon

Oregon legal funding gives you an opportunity to escape financial instability when you are dealing with a pending lawsuit or insurance settlement. Although you may be promised a settlement in court or in negotiations, it can take time for the process to play itself out. 

This often leads to victims continuing to struggle financially, making it difficult or impossible for them to provide for themselves and their families. If this sounds like what you are going through, you are not alone. 

Legal funding allows you to access a portion of your settlement now instead of having to continue to wait for your case to be resolved. This way, after everything you have been through, you can finally begin to move forward with your life.

How Oregon Pre-Settlement Funding Differs from Traditional Bank Loans

Many of those struggling financially recognize the issue with taking out a loan. Banks often offer loans with exorbitantly high-interest rates, require you to provide proof of income and credit references, be creditworthy, and charge compound interest on top of your loan principal. In these ways, pre-settlement funding in Oregon is substantially different from a regular bank loan. 

When you apply for a lawsuit loan, you do not need to provide proof of income. At High Rise Financial, we recognize that there are reasons why you may be temporarily out of work or unable to continue working. This generally pertains to the subject of your lawsuit or insurance claim. 

We also never run your credit. Your creditworthiness is irrelevant, as Oregon legal funding is non-recourse. You do not pay compound interest, nor will you be required to pay back the loan if your attorney does not win your case. For these reasons, legal funding may be a good opportunity for you to get back on track and avoid some of the more difficult obstacles involved with taking out a personal loan.

Requirements for Lawsuit Loan Approval

If you are hoping to get your Oregon lawsuit loan approved, you must be prepared to meet our eligibility requirements. Fortunately, the criteria are not excessive. You must be at least 18 years old to be approved for pre-settlement funding. 

You must also be working with an attorney. This is essential. If you are not working with an attorney, we cannot guarantee access to your settlement in advance. We will need to be able to talk to your lawyer about some of the details of your case. We need to know an approximate date your attorney expects your case to be resolved, get their opinion as to how much we should authorize in pre-settlement funding, and find out how much you are expected to be awarded in your case. 

After we go over the details of your pending insurance or civil claim, our loan specialists will review your application in its entirety. If we grant your application, you can expect your funds to be in your bank account within a matter of hours.

How You Can Spend Your Legal Funding in Oregon

You may have concerns that your pre-settlement funds are going to be restricted or monitored. Unlike other financial institutions, we do not have any restrictions in place. 

The money we are sending to you is already yours. We are simply helping you obtain some of it now so you can escape financial instability. Many lawsuit loan recipients report spending their legal funds on a variety of expenses, such as:

• Outstanding medical bills
• Credit card debt
• Utility payments
• Phone and Internet expenses
• Car notes
• Auto, life, and health insurance premiums
• Extracurricular activity expenses
• Clothing and other personal items
• Food and household expenses
• Rent or mortgage payments

These are only a few of the expenses that may arise as you are navigating through the civil claims and insurance negotiations processes. You can think of your lawsuit loan as an advance on your settlement. This way, you do not need to worry about getting into further debt when it comes time to repay your legal funds.

Options if Your Lawyer doesn’t Win Your Case

One of the top reasons more people do not reach out for help when they are struggling financially is because they have concerns regarding their financial state if their attorney does not win their case. If you are experiencing similar concerns, you are not alone. However, Oregon legal funds are always non-recourse. 

Non-recourse means your lawsuit loan can only be repaid through your settlement funds. This means High Rise Financial will never attempt to send your account to collections, recover the “debt,” or garnish your wages if your attorney loses your case. 

You are not required to pay back your lawsuit loan unless your attorney wins. In this way, legal funding is one of the lowest-risk opportunities to obtain financial freedom after an accident or lawsuit.

Reach Out to High Rise Financial for Oregon Legal Funds Today

If you are dealing with a pending civil matter or a personal injury lawsuit in the state of Oregon, you do not have to wait for your case to be resolved to escape financial instability. 

Contact our High Rise Financial loan specialists to learn more about how Oregon legal funding works and how much you could be authorized. Fill out our convenient contact form, call us, or apply now to access your Oregon legal funds in a matter of hours.