Over five million dog bites occur annually in the United States, according to the American Animal Hospital Association (AAHA). While many of these cases are mild, some cause severe injuries that require extensive medical treatment. Additionally, the Insurance Information Institute (III) states that most of those who sustain dog bites are small children.
Although dog bite lawsuits are typically straightforward, they still take time to settle. While waiting for compensation, you may have unpaid bills and other damages that need your attention. Get cash fast with a dog bite lawsuit loan from High Rise Financial so that you can continue fighting for a fair settlement.
Why You May Need Lawsuit Financing After a Dog Attack
If you sustain severe injuries and cannot work after a dog bite, you will have less income to pay for your daily living expenses. In addition, you could be facing significant medical bills to treat your injuries.
Lawsuit financing, also known as a lawsuit loan, might be the lifeline you need in this situation. Costly and disabling dog bite injuries you may need financial assistance for can include:
- Lacerations: Cuts in the skin can result in blood loss, infection, and a need for stitches to heal fully.
- Scarring or disfigurement: Even after initial treatment, these injuries can lead to extensive reconstruction or plastic surgery even years after the incident.
- Brain injury: Trauma to your head can cause brain damage, possibly affecting your cognitive function and your ability to work.
- Broken bones: Victims usually raise their arms instinctively to shield themselves from the onslaught during a dog attack, leading to fractures in their arm and hand bones.
- Rabies infection: If the attacking dog has rabies, the virus might enter the victim’s bloodstream through the dog’s saliva. This results in progressively worsening symptoms, including headache, fever, and hallucinations that will be fatal if left untreated.
Legal Funding Can Help During a Lengthy Dog Bite Lawsuit
To understand how legal funding helps you, you first need to understand what affects the timeline of a dog bite lawsuit. Typically, various factors impact how long your case can take to settle, including:
- How long your medical treatment will last
- What the recovery process will be like
- How severe the dog bite was
- Whether the owner was present during the dog bite
- However long it takes to gather evidence to prove negligence
- The time involved with filing the correct paperwork according to the statute of limitations of your state
- How difficult it is to obtain copies of your police report and medical records
Many of these factors are dependent on the context of your case. For example, some dog bite lawsuits resolve quickly, while others take a long time to settle. If you find that your claim is taking too long, you may want to consider obtaining legal funding to help mitigate the financial burden you may face.
What Kind of Benefits does Legal Funding Offer?
There are many ways you can benefit from pre-settlement legal funding when you apply with us. Pre-settlement funding is often essential to recovering fair compensation for your damages.
Easy to Apply
We make it easy to apply for legal funding. We don’t require credit checks or financial documentation. We only need the details about your case and other information on our application form. In other words, our team won’t use your financial health to determine whether or not you qualify.
We understand that you may be in a tight situation following an accident; therefore, we don’t factor your financial status into our application process, so there’s no reason to worry about a low credit score or lack of income.
Our Legal Funding Is Risk-Free
Rest assured, there is no risk when you sign up for legal funding with us. That’s because we offer non-recourse financing. Non-recourse financing means you don’t have to pay us back for the money you received if you don’t win your lawsuit.
Enjoy peace of mind as you focus on winning your lawsuit. Then, once you receive a settlement, you pay back the money you received. With this system, legal funding essentially allows you to receive early access to the compensation for which you’re fighting.
Fast Response to Your Application
Our financial experts know that bills and financial obligations can’t wait. That’s why with our fast application process, our team can get you approved in as little as 24 hours.
You will receive your money shortly after we accept your application, often by the next business day. Then, use your funds to pay for any expenses you choose.
How Can I Improve My Odds of Being Approved for Legal Funding?
Legal funding is not based on your financial history. There are no credit checks when you apply. Instead, lending companies are focused on the strength of your case for compensation. The stronger your chance of recovering compensation, the more likely the lending company will extend you legal funding for your dog bite lawsuit.
The reason for this is that you do not repay the lender directly. Instead, they recover their money from the compensation you receive. If you don’t receive payment, your lender will suffer the loss.
Because the lender assumes all the risks when approving your legal funding, they will only approve your application if they feel confident that you’ll win your case. Therefore, the best way to increase your odds of recovering compensation and, in turn, getting the legal funding you need is to hire an experienced dog bite lawyer.
Ways to Use Legal Funding After a Dog Bite
A dog bite can leave you immobilized, unable to work, and in a long bout of physical and psychological recovery. During this time, you can use your legal funding to pay off expenses, including:
- Rent or mortgage payments
- Medical fees, equipment, and prescriptions
- Physical therapy and psychological services
- Car payments
- School and tuition fees
- Living expenses like groceries and utilities
- Credit card payments
How Much Legal Funding Can You Get for a Dog Bite Lawsuit?
The financing amount you’ll receive in a dog bite lawsuit loan depends entirely on the merits of your lawsuit and the extent of your injuries. If your case is strong and you can provide ample proof of negligence and your injury expenses, your lawsuit will be worth more.
The higher the value of your lawsuit, the more legal funding we can offer. Generally, you can access anywhere from 10 to 20% of your expected settlement and up to $1 million in legal funding.
If your settlement estimate increases during your lawsuit, you can always come back for more money. There is no limit to the number of times you can apply for legal financing during a single case.
Be Wary of Early Settlement Offers
Insurance companies go to great lengths to avoid paying out claims or at least minimize the amount they have to pay. One of the tactics they often use is to approach claimants before they have a chance to get legal representation. They will offer a low ball settlement deal and try to convince you that it’s your best option.
When you feel the pressure of mounting medical bills and are unable to work, you might be tempted to take their deal. However, this will likely leave you in a terrible financial situation in the long run with no recourse for recovering further compensation.
Legal funding can relieve the financial pressures you face in the short term while protecting your long-term financial health. Hire a lawyer to deal with the insurance company and apply for legal funding to cover your bills after a dog attack.
Call Us Today to Get Started With Your Application
The High Rise Financial team will help you apply for a dog bite lawsuit loan today. We always strive to remain confidential, secure, upfront, and honest. So, allow us to get you the money you need fast.
You can reach our office toll-free or apply now on our website through our online submission form.