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You may slip, fall, and get hurt on someone else’s property. If this happens, you may be eligible to pursue damages through a personal injury lawsuit. You may also qualify for Michigan legal funding for personal injury lawsuits, which you can use to cover your costs until your case is resolved.
High Rise Financial offers Michigan legal funding for slip and fall injury lawsuits. Our pre-settlement funding is a no-risk alternative to traditional loans from banks and credit unions. Contact us today for more information about our settlement loan options.
Premises Liability in Michigan
You may file a premises liability claim if you get hurt in a slip-and-fall accident. For example, you may visit a mall but slip and fall due to hazardous conditions. In this example, you may be able to seek compensation for any losses you incur.
On July 28, 2023, the Supreme Court of Michigan changed the way it applies the “open and obvious” doctrine to slip and fall cases. Previously, property owners may not have been required to pay damages if they could prove someone got hurt due to a condition that was open and obvious. Now, an owner of a property may be held accountable if an individual gets hurt on their land due to this type of condition.
According to Michigan Compiled Laws §600.5805, you may have up to three years to seek damages from a negligent property owner through a premises liability claim. The window to submit your claim opens the day you suffer your injury. If you do not request compensation within this period, you may be solely responsible for any losses you incur in a slip and fall incident.
To apply for free, call (877) 735-0016
How to Prove Fault in Premises Liability Case
To prove fault in a slip and fall accident case, you must show a property owner was negligent. Your ability to do so may depend on your classification when you went to this individual’s property and got hurt. There are three classifications for people who go to a property:
- Invitee: You were invited to a property for commercial purposes.
- Licensee: You were invited to a property for non-business reasons.
- Trespasser: You went onto someone else’s property without their consent.
In many instances, an invitee or licensee may be able to seek compensation following a slip and fall accident. To get compensation, they must show a property owner had a legal obligation to take a reasonable amount of care of their space and violated this requirement. Also, they must verify the owner’s breach of their duty of care led to their slip and fall accident, along with subjective or quantifiable damages.
Michigan Slip and Fall Injury Lawyer Near Me (877) 735-0016
How Michigan Slip and Fall Injury Lawsuit Legal Funding Works
Just because you ask for compensation after a slip and fall incident does not guarantee you will get compensation. You may request damages for pain and suffering, medical bills, lost wages, and other non-economic and economic losses. Regardless, you must prove a property owner was negligent — and this individual may do everything they can to avoid paying you damages.
There are many types of legal funding, including pre-settlement loans for slip and fall injury lawsuits. When you request a lawsuit loan, you get money contingent on the result of your case. You are not required to undergo a credit check or get a review of your income history, and instead, you may get approved for funding based on your projected settlement amount.
High Rise Financial has plenty of experience with lawsuit loans. Our team is available to walk you through our loan application process and can provide you with a personalized funding quote. To learn more, reach out to us.
Slip and Fall Accident Lawsuit Funding Application Process
You can apply for legal funding today. The application process may take only a few minutes to complete, and you can submit your materials over the phone or online. It involves the following steps:
- Contact a legal funding provider. You share your contact information and details about your case with pre-settlement funding specialists.
- Get a quote. You receive a quote that explains how much money your lawsuit funding provider can offer.
- Finalize your request. If you sign off on a quote, you get your money right away.
You are required to hire a lawyer to obtain a legal loan, and your attorney will handle communications with your pre-settlement funding company. With a lawsuit loan, you may be able to receive up to $100,000 within 24 hours. You have the flexibility to use your money however you decide, and there is no need to pay back your lawsuit funding unless you win or settle your case.
Complete a Free Application form now
How to Pay Back Slip and Fall Injury Pre-Settlement Funding
You may be wondering how the repayment process works for pre-settlement loans — and rightfully so. Thankfully, a pre-settlement funding company explains this process in detail before you finalize your loan. The business makes sure you understand all your loan entails, including the steps you will have to take to repay your funding.
If you win or settle your slip-and-fall case, you will receive compensation from the at-fault party. Your attorney deducts what you owe based on your legal loan and sends a payment to your pre-settlement funding provider. Next, your lawyer gives you the remaining amount, and your case is closed.
In the event you do not get any compensation in your slip and fall lawsuit, you are not required to pay anything to your pre-settlement loan provider. At this point, your lawyer notifies your loan provider about the result of your case, and your balance is cleared. Finally, you keep the money you already received, and you do not have to worry about any penalties or fees.
Request a Michigan Slip and Fall Injury Loan
If you want a pre-settlement loan based on your slip and fall accident case, the team at High Rise Financial may be able to help. We can take a look at your case and help you determine if now is the right time to get a pre-settlement loan. To get started, contact us today.
Call or text (877) 735-0016 or fill out our form to apply today for free.
