Even a slow-speed car versus pedestrian accident can leave the pedestrian with catastrophic and life-altering injuries. If the accident is the result of negligence on the part of the driver, the pedestrian victim may be able to recover damages through a personal injury lawsuit. Sadly, the physical trauma of the accident is not the only issue that the victim must face. Lawsuits are expensive, recovery typically means time off work and a loss of income, and then there are the inevitable medical bills. This can leave the accident victim on the brink of financial disaster by the time their case settles. Pre-settlement legal funding through High Rise Financial bridges the gap between the initial accident and the final settlement.
To learn more about the steps of action generally taken in a pedestrian- car accident injury case, click here.
What Is Lawsuit Financing?
To put it simply, legal financing is a way for plaintiffs to receive a portion of their future settlement while their case makes its way through the legal system. The cash is not considered a cash advance or a loan. It is a non-recourse transaction, which means that the client does not pay a dime if they do not win their accident lawsuit.
Who Qualifies for Funding?
Although most accident victims who call High Rise Financial Legal Funding qualify, funding decisions are based on the facts of the specific case. Our underwriters look for three basic criteria. First, the victim must have sustained injuries as a result of the accident. Examples of injuries eligible for funding include head injuries, spine and internal organ damage, and bone fractures. Second, there needs to be evidence of liability on the part of the driver, such as texting or talking on the phone while driving, failing to yield at a crosswalk, or driving under the influence of drugs or alcohol. Finally, the victim must have retained an attorney in order to pursue a personal injury claim.
The Application Process
High Rise Financial funding specialists only consider the facts of the case when determining eligibility. There are no application fees, hidden charges, mountains of paperwork, or personal financial questions. All that is required is the name and contact information of an attorney. We then reach out to the attorney to get all of the necessary documentation. The entire approval and cash transfer process can normally be completed in less than 24 hours. The money is only repaid if and when the plaintiff receives a settlement.
Accidents victims should be able to focus on their recovery and rehabilitation instead of worrying about how to pay their bills. High Rise Financial funding specialists are available 24/7 to help.