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At High Rise Financial, we can teach you all about Georgia legal funding for personal injury lawsuits. Our team is available to review your injury case and go over our pre-settlement loan options with you. For more information, reach out to us.
Premises Liability Definition
A slip and fall injury claim may be filed on the grounds of premises liability. Property owners are required to take care of their space. If you slip, fall, and suffer an injury while visiting a property, the owner may be considered negligent, and you may be eligible for compensation.
In a premises liability case, you may be able to seek compensation if you are an invitee or licensee. An invitee visits a property for commercial reasons, while a licensee goes to a space for social purposes. If you trespass on a property, you may not be eligible for damages as part of a premises liability claim.
One exception to submitting a premises liability claim is if someone trespasses on a property that relates to attractive nuisances. In terms of what is an attractive nuisance, it refers to a swimming pool or any other equipment or landscaping features that may be dangerous but lure kids to play on a property. For example, if your child gets hurt after they trespass and slips and falls due to playground equipment on someone else’s property, the owner of the space may be liable.
Slip and Fall Injury Claim
You may have up to two years from the date of your slip and fall accident to ask for damages from a negligent property owner. The window to submit your claim opens on the date you suffer your injury, and it may not be extended. If you choose not to file a claim within this period, you may be 100% responsible for your injury-related costs.
A personal injury lawyer may help you request economic and non-economic damages as part of a premises liability claim. They may encourage you to ask for economic and non-economic damages. You may receive economic compensation for your medical bills, lost wages, and other quantifiable losses and non-economic damages for pain, suffering, and other subjective harm you incur.
Your attorney may discuss Georgia settlement funding with you and help you evaluate lawsuit loan options. If you want to request a pre-settlement loan, you must have an attorney to represent you. That way, your lawyer can handle the legal funding process on your behalf.
How Lawsuit Funding for a Slip and Fall Accident Works
You may have questions about how non-recourse loans work. A legal funding company can answer these questions and any others you have. The business can help you make an informed decision about whether now is the right time to request a pre-settlement loan.
A legal loan is similar to funding you may receive from a bank or credit union. This loan allows you to get money you can use for the duration of your slip-and-fall case litigation. It differs from a loan provided by a bank or credit union because your funding is contingent on your case result.
High Rise Financial removes the guesswork from Georgia lawsuit funding for slip and fall injuries. Our team makes sure you understand what a legal loan entails. Contact us today to learn more about our pre-settlement loans.
How to Apply for a Slip and Fall Injury Loan
To apply for legal funding today, you will have to provide your contact information and details about your slip and fall accident case. You do not have to share your credit score or information about your financial history. Instead, a legal loan provider looks solely at your case to determine your eligibility for funding.
You have the option to submit your application materials online or over the phone. In many instances, it may take an applicant just minutes to provide these materials. A pre-settlement loan company may review these materials and approve a loan request in as little as 24 hours.
As soon as you receive a loan quote, you may review it and decide what to do next. If you approve the quote, your legal funding provider will send your money to you. This gives you money you can use however you choose.
How to Pay Back a Slip and Fall Accident Pre-Settlement Loan
When it comes to Georgia legal funding for personal injury lawsuits, you do not have to make monthly payments for the life of your loan. You and your attorney can focus on getting the best case results. Once your slip and fall injury case is resolved, only then do you have to consider loan repayment.
If you receive damages from the defendant in your case, you will have to pay back your legal loan. Your attorney can deduct what you owe your legal funding company from your case settlement. They can send a payment to this business to cover your loan balance and give you the remaining amount of your settlement, which will completely close your case.
On the other hand, you may not get any compensation from the defendant. If this happens, your attorney should notify your legal funding company about the result of your case. The business then clears your loan balance and lets you keep the money it already gave you without any fees or penalties.
Get Started with Slip and Fall Injury Legal Funding in Georgia
If you have a pending slip and fall accident lawsuit and want money right away, the team at High Rise Financial may be able to help you out. We offer lawsuit loans to plaintiffs involved in slip and fall injury cases. To find out more, contact us today.