
When you’re involved in a personal injury lawsuit in Oklahoma City, it could be months or years before your case is resolved. Once you’ve negotiated a settlement with the defendant, it should only be a matter of time before you get your compensation. Unfortunately, this wait is often longer than anticipated. This is where Oklahoma post-settlement funding comes in.
If your case has been resolved but your compensation has not yet arrived, High Rise Financial can help. We provide plaintiffs with Oklahoma City post settlement funding so they can cover their current expenses.
To apply for free, call (877) 735-0016
Why Plaintiffs Prefer Post-Settlement Funding Over Traditional Loans
Here are some of the reasons Oklahoma City post settlement funding is an appealing option for plaintiffs:
- Repayment schedule
Once you receive a bank loan, you’re typically required to start repaying the funds within a month. This can lead to more financial strain.
Personal Injury Lawyer Near Me (877) 735-0016
With Oklahoma City post settlement funding, you’ll repay the money only after you receive your compensation. Typically, your attorney will receive the check and deduct any medical bills, court costs, attorney fees, and post-settlement funding repayment. After the deductions have been made, you’ll receive the rest of the settlement funds.
- Credit score requirements
Traditional lenders require that applicants have a specific credit score or income before approving them for a loan. This makes personal loans less accessible to plaintiffs in need.
High Rise Financial, on the other hand, will not consider your financial or employment history. Our post-settlement funding is solely based on your expected compensation.
- Oklahoma City post settlement funding is non-recourse
This means the funds can only be repaid from your settlement payment. If you do not receive your compensation for any reason, you’ll not be required to repay your post-settlement funding.
Traditional loans, on the other hand, are recourse and must be repaid regardless of the circumstances.
Am I Eligible for Oklahoma City Post Settlement Funding?
To be approved for post-settlement funding, you will need to meet specific requirements:
- A resolved legal claim
As the name implies, Oklahoma City post settlement funding is available to plaintiffs who have already reached a settlement and are waiting for their funds to come in.
- Have an attorney
You must be working with a lawyer on your personal injury case to qualify for post-settlement funding. Your attorney provides crucial information during our review process and handles the repayment of your funding.
- Be 18 years or older
To enter into a legal contract, you must be an adult. As such, we offer Oklahoma City post settlement funding to individuals who are at least 18 years of age.
Common Cases That Qualify for Post-Settlement Funding
Oklahoma City post settlement funding covers various types of personal injury claims, including:
- Car accidents
- Slip and fall accidents
- Medical malpractice lawsuits
- Workers’ compensation cases
- Police brutality
- Product liability
- Premises liability
High Rise Financial Is Your Reliable Partner for Oklahoma City Post Settlement Funding
Navigating personal injury lawsuits is only half the battle. Once your case is resolved, it could be months before you receive your settlement. During this period, post-settlement funding can help cover your bills and expenses.
When you apply for Oklahoma City post settlement funding with High Rise Financial, you get timely, affordable, and low risk funding. Contact us now to get started.
Call or text (877) 735-0016 or fill out our form to apply today for free.