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Florida legal funding for personal injury lawsuits gives you an opportunity to use a portion of your expected settlement now so you do not have to continue to struggle financially. Our Florida pre-settlement loans are similar to a cash advance without the predatory lending tactics. Contact High Rise Financial loan specialists today to apply now or discuss the application process and access the financial support you need in as little as 24 hours.
Financial Struggles After Slips and Falls Are More Common than You Think
It may surprise you to learn that there were approximately 4,310 slips and fall fatalities in 2022, according to the Florida Department of Health’s Fatal Injuries Profile. There were also 551,749 total non-fatal emergency department hospitalizations for slips and falls and 80,379 total non-fatal injury hospitalizations. With numbers this high, it is not unusual for injury victims to connect with a legal funding for personal injury lawsuits who can help them hold at-fault parties accountable and recover the compensation they deserve.
The claims process is often time-consuming. Between investigating the cause of the accident, calculating the value of your case, negotiating with the insurance company, and bringing your case to trial, it could be months or even years before your case settles. During this time, you may continue to incur significant medical expenses, be unable to make your regular monthly payments, and go further into debt.
You should not be forced to struggle financially during these difficult times. With help from High Rise Financial, you can access legal funding for slip and fall injury lawsuits in Florida. This can help you cover your costs now so you can avoid serious financial issues down the line.
Specific Florida Laws Could Impact Your Slip and Fall Pre-Settlement Loan
When you are considering a slip-and-fall pre-settlement loan, it is important to consider the various factors that could influence our ability to approve your application. Specific laws could also have an impact on how much we can authorize in legal funding. You can contact our loan specialists or speak with your slip and fall attorney to find out whether these regulations will influence your situation.
Regulations for Legal Funding in FL
Florida is one of only a couple of states that have begun to focus on implementing regulations for pre-settlement legal funding and lawsuit loans. SB 1276 was backed by the US Chamber of Commerce and was designed to ensure Floridians know when foreign governments, hedge funds, and other entities are funding lawsuits in exchange for a portion of the awarded settlement. The law also expands protections for nonprofit organizations.
This law is not currently in effect and died in the Legislature Calendar on March 8, 2024. With that being said, these concerns will likely be discussed further in the future, and plaintiffs may be protected from being taken advantage of by investors who might otherwise receive a larger portion of your settlement if your case is successful. With High Rise Financial, you can rest easier knowing you will never be tricked into giving over more of your award to a lawsuit loan company.
Sharing Blame for Your Slip and Fall Injuries
You may also find that your authorization limit varies if you share liability for the injuries you sustained. Florida follows a modified comparative negligence system according to Florida Revised Statute 768.81. This means if you share responsibility for your injuries, you will be penalized.
The court system deducts your percentage of blame from your injury settlement. If you are found 30% responsible for causing your slip and fall, you will only receive 70% of your settlement. Furthermore, if your portion of blame exceeds the threshold, you may be barred from pursuing your case further.
How Much You Expect to Win Determines Your Authorization Limit
The amount of your awarded compensation will determine how much we can authorize in legal funding. You are entitled to full reimbursement for your damages, including economic and non-economic damages, as described by 2023 Florida Statute 766.201. Some examples of these damages include:
- Pain and suffering
- Mental anguish
- Permanent disability and skin scarring
- Loss of enjoyment of life
- Diminished earning capacity
- Loss of income and wages
- Healthcare expenses
- Future medical treatment
- Disfigurement
- Damage to your reputation
- Loss of household services
- Reduced quality of life
- Feelings of embarrassment, shame, and shock
- Personal property damages
There is also a possibility you could be awarded punitive damages according to Florida Statute 768.72. Many lawsuit loan applicants can access up to 20% of the total value of their anticipated settlement. However, if you need more based on the specific circumstances of your case, High Rise Financial may be able to help, having funded up to $1 million in legal funding for previous legal funding recipients.
Trust in Florida’s Top-Rated Slip and Fall Lawsuit Loan Provider
Slip and fall accident lawsuits are a low-risk opportunity for you to hold negligent property owners and third parties accountable for their recklessness. While the claims process could take months or years to resolve, you do not need to absorb the financial distress any longer. With Florida legal funding for slip and fall injury lawsuits from High Rise Financial, you can cover your outstanding expenses and start to rebuild your life in a matter of hours.
High Rise Financial is Florida’s premier lawsuit loan provider, standing by to help you get through some of the most difficult times in your life. When you are ready to take control of your finances but are unsure of where to begin, start by filling out our online application. If you are not quite ready to submit your application but have questions or concerns about how Florida lawsuit loans work, do not hesitate to contact our expert loan specialists by phone or through our quick contact form.