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For those who need money in the middle of a personal injury lawsuit, High Rise Financial may be able to help. We offer flexible North Carolina legal funding for slip and fall injury lawsuits. For more information, reach out to us.
- Slip and Fall Injury in North Carolina
- Slip and Fall Accident Damages
- Slip and Fall Injury Case Costs
- Slip and Fall Injury Lawsuit Loan Definition
- Slip and Fall Accident Loan Application Process
- Slip and Fall Accident Legal Funding Repayment Process
- Request Legal Funding in North Carolina for Your Slip and Fall Injury Lawsuit
Slip and Fall Injury in North Carolina
You may slip, fall, and suffer an injury at a business or home. When you do, you may not be responsible for your injury. In some cases, a negligent property owner may be at fault.
According to North Carolina General Statutes §1-52, you may have up to three years from the date of your slip and fall accident to seek damages. Just because you request damages for a slipping and falling injury does not mean you will receive compensation. You must show all elements of negligence were present when your accident happened.
To prove fault in a slipping and falling accident case, you must show a party had a legal obligation to act in a reasonable and cautious manner toward you. Also, you must verify the party violated this obligation, which led to your injury. Along with these things, you must confirm the party’s actions caused you to incur quantifiable or subjective damages.
Slip and Fall Accident Damages
You may be eligible to get economic and non-economic damages. Economic compensation may be awarded based on losses you can quantify, and non-economic damages may be provided for subjective harm. Reasons why people seek damages following a slip and fall accident include:
- Medical bills
- Lost wages
- Pain and suffering
There are times when a judge or jury may also offer punitive damages. You may receive punitive compensation in conjunction with economic and non-economic damages. A judge or jury may award punitive compensation to deter an at-fault party from committing future acts of negligence.
Slip and Fall Injury Case Costs
In many instances, a property owner may be at fault for a slip and fall injury. You may file a claim for compensation from this owner. Regardless, it may be months or years before you get any compensation — and if a property owner shows you are in some way responsible, you may not receive any damages at all.
You may be struggling to stay afloat financially as you move through the legal process. Due to your bills, you may be tempted to accept a lowball settlement from an at-fault party. Fortunately, pre-settlement loans for personal injury lawsuits is available, and this may help you pursue your case to the fullest extent.
High Rise Financial is a leading choice for slip and fall injury lawsuit loans. Our team can discuss our pre-settlement funding options with you. To learn more, get in touch with us.
Slip and Fall Injury Lawsuit Loan Definition
You may ask if non-recourse loans are worth it for your slip and fall injury case. This type of loan may be worthwhile if you want money right away. It may also provide a great alternative to getting a personal loan from a bank or credit union.
To obtain a personal loan, you may have to provide information about your credit and income histories. A bank or credit union may have a lengthy loan approval process. If your request for a loan is accepted, you have to pay back your funding in accordance with your lender’s terms and conditions.
Comparatively, non-recourse funding is 100% contingent on your slip and fall injury lawsuit. If you do not get any compensation, you are not responsible for repaying your loan. Instead, you keep the money your legal funding company gave you without any penalties.
Slip and Fall Accident Loan Application Process
A legal funding company requires you to hire a lawyer before you can apply for a loan. Your attorney can represent you throughout your slip and fall accident case. At the same time, they can help you get approved for a legal loan.
You can apply for legal funding today online or over the phone. It may take only minutes to complete your loan application. During the application process, you will need to provide information about your slip and fall injury case.
Once a pre-settlement loan company reviews your request, it can give you a personalized quote. If you approve the quote, you get your money. You keep this money and do not have to pay anything on your loan unless you win or settle your case.
Slip and Fall Accident Legal Funding Repayment Process
You may be wondering if you are required to repay a non-recourse loan. With pre-settlement funding, you will have to pay back your loan if you receive compensation. In this situation, your attorney can repay your loan on your behalf.
When you get a settlement in a slip and fall injury case, your attorney can deduct what you owe your legal funding company. Your lawyer can send a payment to cover your lawsuit loan balance. Next, they can give you the remainder of your settlement.
Of course, if you do not get any damages, you are not responsible for paying back your legal loan. Your attorney can notify your pre-settlement funding about the result of your case. Finally, the business will clear your loan balance, and you can continue to use the money already given to you however you choose.
Request Legal Funding in North Carolina for Your Slip and Fall Injury Lawsuit
If you are dealing with financial challenges as you seek compensation in a North Carolina slip and fall accident lawsuit, High Rise Financial may be able to help you out. Our team can go over our pre-settlement loan options with you and help you decide if now is the right time to get legal funding. To get started, contact us today.