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Texas is known for its wide-open spaces, exciting culture, and vibrant cities. However, with such a dynamic environment, suffering a personal injury is quite common. Though, Texas personal injury laws allow victims to pursue compensation through a lawsuit or insurance claim. However, resolving a personal injury lawsuit can take an extended period. If you’re facing financial challenges while your case is ongoing, you should consider applying for a non-recourse Texas personal injury loan.
At High Rise Financial, we are proud to offer risk-free pre-settlement funding to personal injury plaintiffs throughout the state of Texas. Our Texas legal funding is totally safe and non-recourse. You don’t owe us anything and won’t need to pay back the settlement cash advance unless you win your case. Also, obtaining our lawsuit funding is simple and hassle-free, with no need for credit score checks. You can use the funds to settle outstanding debt and pay bills, utilities, rent, and other daily living expenses.
How Much Personal Injury Loans Can You Get
Personal injury loans are a form of non-recourse cash advance that is available to individuals with ongoing personal injury cases. The amount you can get from a personal injury lawsuit loan in Texas depends on several factors. These include:
The Merits of Your Case
The strength of your personal injury case plays a big role. If your case is strong and likely to win, you might be eligible for a larger personal injury loan. The legal funding provider will review the evidence, witness statements, and the overall likelihood of a favorable outcome.
Your Expected Settlement Amount
The potential settlement amount is also important. The lawsuit loan company will look at how much funding you might receive if you win your case. They consider the severity of your injuries, medical expenses, lost wages, and other damages.
The Stage of Your Personal Injury Case
The current stage of your personal injury case matters. If your case is already in court or close to settlement, you might get lawsuit funding faster. Settlement funding providers prefer personal injury cases that are further along in the legal process as they are more likely to result in a payout.
Your Financial Situation
In addition, the legal funding provider will consider your financial needs to determine how much you can get. The company will examine your expenses, debts, and how urgently you need the money. Providing detailed information about your financial situation helps providers determine the appropriate pre-settlement loan amount.
Length of Your Case
The expected duration of your case may also determine how much cash advance you may be approved for. If your case might take less time to resolve, the provider might offer more support. Generally, lengthier cases can be more uncertain, so the legal funding company might be more cautious with the loan amount.
Financial Obligations and Urgency
Your financial obligations and how urgently you need the funds are also considered when you apply for Texas legal funding for personal injury lawsuits. If you have high medical bills, rent, or other urgent expenses, you might qualify for a larger pre-settlement loan. Lawsuit loan providers want to ensure you can cover your immediate needs and achieve financial relief while your case is ongoing.
In general, personal injury lawsuit loans can range from a few thousand dollars to several hundred thousand dollars, depending on these factors. It’s important to provide accurate information and work with your attorney to get the best possible lawsuit loan amount.
Applying for Our Texas Personal Injury Loans
Applying for our personal injury lawsuit loan in Texas is a straightforward and stress-free process designed to provide you with the immediate financial support you need. You should start by reaching out to our team via phone or email to express your interest in obtaining a lawsuit loan. Our friendly staff will guide you through the next steps and answer any questions you may have.
Once you’ve contacted us, fill out the online application form with your personal details. Make sure all information is accurate to ensure a smooth process. After submitting your application, share details about your ongoing lawsuit, including your lawyer’s contact information and any other vital documents. This helps us understand your case better and evaluate its merits.
In addition, we will reach out to your attorney to discuss your chances of winning and the amount of damages you are likely to receive. Our team will review your application thoroughly and determine your eligibility. If you are approved for our Texas lawsuit loans for personal injury cases, you’ll receive the cash advance within 24 to 48 hours. This quick funding ensures you can cover your needs promptly and focus on your recovery and legal rights.
How to Spend Your Pre-Settlement Funds
Receiving settlement loans can provide much-needed financial relief during a challenging time. Here are some ways to spend these funds wisely:
- Medical bills: Pay for ongoing medical treatments, therapy, hospital visits, and medications.
- Rent/Mortgage: Keep up with your housing payments to avoid eviction or foreclosure.
- Daily Living Expenses: Cover groceries, utilities, and other household costs.
- Childcare: Ensure your children’s needs are met without interruption.
- Transportation: Pay for car repairs, public transportation, or other travel expenses.
- Debt payments: Stay current on credit card bills, loans, and other outstanding debts.
- Go on Vacation: Treat yourself to a well-deserved break to relax and recharge.
- Emergency Fund: Set aside some money for unexpected expenses.
Essentially, the money is all yours, and you can spend it however you like.
Contact Us for Non-Recourse Personal Injury Loans in Texas
Do you need affordable pre-settlement loans in Texas before your personal injury lawsuit resolves? Contact us at High Rise Financial today for a one-on-one consultation and understand the cases we fund. Our dedicated team can enlighten you about your possible legal funding options and walk you through the application process. Call our toll-free at (866) 407-6404 today to apply. We’re proud to serve clients across Texas.