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Settling a personal injury case in Schaumburg can bring the case to an end, but the settlement payment may not arrive immediately. Plaintiffs may have to wait for weeks or months because court costs and other administrative steps can create a delay between agreeing to a settlement and receiving the money. At High Rise Financial, we offer Illinois post-settlement funding to eligible plaintiffs who need financial assistance after settling their case and waiting for their settlement payment.
Why Plaintiffs May Need Post-Settlement Funding After Resolving Injury Lawsuits
Resolving a personal injury case does not mean you will receive your compensation immediately. While injured, you may still be dealing with lost wages. If you are unable to work due to the accident, post-settlement funding may help cover your financial obligations. Below are some of the expenses our Schaumburg post settlement funding can cover:
- Medical bills
- Rent
- Mortgage
- Groceries
- Utilities
- Tuition
- Childcare
Our post-settlement funding is flexible enough to help you maintain financial stability while waiting for your lawsuit proceeds.
To apply for free, call (877) 735-0016
Schaumburg Post Settlement Funding Differs from Traditional Loans
Post-settlement funding is financial assistance from a legal funding provider to plaintiffs who have already settled their case. At High Rise Financial, qualification for our Schaumburg post settlement funding is primarily based on your resolved case and the expected settlement amount, rather than your credit history or income, as with a typical bank loan. Below are other benefits of our Schaumburg post settlement funding:
- Prompt application review: We review applications for post-settlement funding promptly so qualified applicants can receive it to help manage their piling expenses.
- No monthly payments with post-settlement funding: Our Schaumburg post settlement funding does not require you to make regular monthly payments while waiting for your settlement proceeds.
- No post-settlement funding repayment until settlement: Repayment of our Schaumburg post settlement funding is generally tied to receiving your settlement. This means that you don’t have to make monthly loan payments while waiting for the proceeds of your resolved case.
Personal Injury Lawyer Near Me (877) 735-0016
Cases That May Involve Post-Settlement Funding
Our Schaumburg post settlement funding caters to different types of lawsuits. Below are common types of cases we provide Schaumburg post settlement funding for:
- Car accidents
- Motorcycle accidents
- Truck accidents
- Medical malpractice lawsuits
- Sexual abuse lawsuits
- Defective drug or medical device lawsuits
- Slip and fall accidents
High Rise Financial’s Post-Settlement Funding Process
Our Schaumburg post settlement funding process begins when you apply by phone call or fill out the online form. Provide your attorney’s contact information so we can verify your details and request supporting documents. We will evaluate the eligibility of your application by reviewing your settlement agreement, expected payment, and other relevant documentation.
If approved, you will receive a post-settlement funding offer that outlines the available amount and terms. You will then receive your cash support after accepting the offer.
Complete a Free Application form now
Apply for Your Post-Settlement Funding Today in Schaumburg
If you have already settled your case but are still waiting for your payment, our Schaumburg post settlement funding may help you manage your financial responsibilities during the waiting period. Our application process is straightforward, and if approved, eligible plaintiffs will receive funding promptly. Contact High Rise Financial today to apply for your Schaumburg post settlement funding.
Call or text (877) 735-0016 or fill out our form to apply today for free.
