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When you suffer debilitating injuries through an assault, you may have the opportunity to file a lawsuit against the responsible parties. However, settling assault lawsuits can be a long and complex process. Even with substantial evidence, it can take years to recover the maximum financial compensation your case warrants.
If you need funds to meet your basic needs and pay bills before your case settles, High Rise Financial can provide you with affordable legal funding for assault lawsuits. We may be able to give you the support you’ll need to see that justice is served.
Compensation for Victims of Assault
When another party assaults you, you may be entitled to compensation for your damages. The person responsible for causing your injuries could face criminal charges and penalties, but they may also be held accountable in civil court. Depending on how your assault occurred, you may be able to file a claim with the liable party’s insurance company or pursue a civil lawsuit against them.
This may be your best opportunity to recover total compensation for your damages. There are a variety of types of losses you may be able to recoup following an assault. Some of these damages can include:
Punitive Damages
Punitive damages are often thought of as a loss you are entitled to. However, punitive damages are only awarded when the jury or judge finds the defendant’s conduct abhorrent or egregious. The court system must find the defendant’s actions intolerable for punitive damages to apply.
With that being said, punitive damages can have a significant impact on how much compensation you are awarded. You could easily expect your injury settlement to increase exponentially if the court awards you punitive damages in your civil assault case.
Economic Damages
Economic damages refer to the ways your life has been affected financially by your assault. You may have experienced considerable medical expenses, diminished quality of life, suffered a loss of income, and other financial losses. These can be proven by providing your attorney with receipts, quotes, bills, and other financial records.
Non-Economic Damages
Non-economic damages do not have a financial value. To be compensated for non-economic damages, your lawyer will need to quantify them accordingly. Non-economic damages do not have financial worth because they affect each person’s life differently.
Some common non-economic damages that could be recovered in your assault claim could include your physical pain and suffering, the emotional trauma of what you have been through, any residual skin scarring or embarrassment from disfiguring injuries, diminished quality of life, and loss of consortium, among others. Generally, High Rise Financial can provide assault victims with up to 20% of their expected insurance settlement or civil payout. You can find out more about how much you could be approved for when you contact High Rise Financial loan specialists for support.
What Is Lawsuit Loan Legal Funding?
You may have the right to be compensated following your assault, but it may take longer than you previously thought to recover your compensation in full. Unfortunately, time does not stop ticking. You will likely struggle to deal with the considerable financial distress associated with assault injuries.
Thankfully, you can get the financial relief you need when you need it most by contacting High Rise Financial for help. Lawsuit loan legal funding for civil assault cases has helped injury victims across the country get the financial support they need to rebuild their lives. You can think of lawsuit loan legal funding as a type of cash advance.
If you are waiting on an insurance settlement to come through or a trial verdict to be paid out, you can apply for legal funding to recover a portion of these funds in advance.
Assault Lawsuits Usually Take a Long Time to Settle
Proving who is at fault and resolving assault cases usually take very long. Even when there are witnesses, gathering witness statements and testimonies and getting them to testify in court can take several months. Also, attorneys may cancel and reschedule hearings just to delay judgment.
This means it could take a number of months – or even years – to reach a feasible settlement or take your case to trial. If you’re feeling pressured to settle for less than you deserve, you may be tempted to cave in just so you can cover your bills. Pre-settlement funding assault lawsuits may be the solution.
Legal Funding Can Assist You During Your Assault Lawsuit
As your case continues to drag on, surviving with just your finances can be really tough. Instead of putting yourself in a difficult financial situation, you can simply apply for affordable pre-settlement funding. By doing this, you can get the immediate cash advance you need to pay medical expenses, buy food, meet your basic needs, and provide for your loved ones.
How to Apply for Settlement Funding
To apply for our legal funding for assault lawsuits, you should follow these steps:
- Complete your application through our website
- Provide your personal information as requested.
- Provide the relevant details about your ongoing assault case.
- Provide the contact information of your attorney.
Once we have all the necessary details, our trusted team will schedule a meeting with your legal representatives to evaluate your case details, discuss the strengths and weaknesses, and other specifics. If you’re eligible for a settlement loan, we will make your funds available to you within a day or less.
Requirements for Assault Lawsuit Loan Approval
If you are hoping to get your application for an assault lawsuit loan approved, there are specific requirements that need to be met. No, you do not need to have perfect credit. You will not be expected to pay back your loan with your wages either.
Why Having an Attorney Is Important in the Lawsuit Loan Process
Your income source and creditworthiness are irrelevant when it comes to approval for legal funding. Instead, what matters to our loan specialists is whether your attorney expects to win your civil claim or insurance settlement. If a personal injury attorney has agreed to take on your assault case, chances are, they are expecting to win.
Your attorney is likely working with you on contingency, so they are absorbing the risk of pursuing your civil claim. They would not do this if they did not believe they would win your case, as it would wind up costing them money and hurting them financially. You will need to fill out our loan application and provide our loan specialists with your attorney‘s contact information.
You must have a personal injury lawyer or another type of attorney representing you to qualify for a lawsuit loan. This is typically the only requirement that will need to be met for your claim to be approved. If you have additional questions about whether you meet the eligibility requirements, do not hesitate to contact us for more information.
Is Legal Funding Safe?
Additionally, our legal funding for assault lawsuits is completely safe and non-recourse. The pre-settlement funding is designed to assist with your financial needs, safeguard you from potential risks, and help you achieve peace of mind.
Since the funding is non-recourse, we don’t expect you to repay using your personal finances. You will only need to pay back the settlement funding if you win your assault lawsuit using an agreed-upon portion of your financial compensation.
How to Spend Your Lawsuit Funding
If you’re approved for our lawsuit funding for an assault claim, you can use your funds to cover the majority of your expenses following the assault incident. These include:
- Settle medical bills and surgery costs (if you sustained significant injuries)
- Cover your day-to-day living expenses
- Buy food items and groceries
- Make car payments
- Pay your rent or mortgage
- Pay school and tuition fees
- Pay your utilities
- Cater to your family’s needs and daily living expenses
Above all, the pre-settlement funding belongs to you, and you are allowed to spend the money how you desire.
Paying Back Your Assault Lawsuit Legal Funding
Many people have serious concerns about taking out a lawsuit loan when they are not working or unable to earn a living. After all, when you are already dealing with financial struggles, taking out a loan can seem like a poor decision. However, the benefits of pre-settlement funding are undeniable.
When you have been through a traumatic event like an assault, you should not have to worry about paying back your legal funding. Although this lawsuit loan will need to be repaid, this is only the case if your attorney wins your civil lawsuit or insurance settlement. If your lawyer does not win your case, you will not be expected to pay back your lawsuit loan at all.
Furthermore, your attorney will be responsible for paying back your lawsuit loan on your behalf. This way, after receiving your pre-settlement funds, you can begin to rebuild your life without looking back.
Reach Out to Our Team at High Rise Financial Today
The experienced team at High Rise Financial is available to assist you with your assault lawsuit legal funding application and help you find out whether you qualify for a lawsuit loan.
Contact our team of loan specialists online or call to schedule a no-obligation consultation. A wonderful experience awaits you.