After your personal injury case has concluded, your payout might still seem out of reach. In Orem, it can take weeks or even months to receive your compensation. When you have bills to pay and household expenses to cover, waiting this long for your funds can be unrealistic. This is where Utah post-settlement funding can help.
How Does Orem Post Settlement Funding Compare to a Traditional Loan?
Post-settlement funding differs from traditional loans in several significant ways:
- Orem post settlement funding is a non-recourse loan. This means you’ll repay what you owe only after you receive your compensation. Unlike traditional loans, you’ll never be required to make monthly payments or repay the funds out of pocket. This non-recourse structure makes post-settlement funding a low-risk financial option.
- Unlike traditional lenders, we can provide post-settlement funding without running credit checks. This is because approval depends on the settlement rather than your financial history, making it more accessible to plaintiffs in Orem.
- With Orem post settlement funding, there are no upfront costs. Once you apply by filling out our online application form or calling us, our team will assess your settlement agreement and provide a personalized loan quote at no cost to you.
Who Can Benefit from Post-Settlement Funding?
If you’re under financial strain while waiting for your payout, Orem post settlement funding can be a lifeline. At High Rise Financial, we fund a wide range of cases, including:
- Personal injury lawsuits
- Product liability cases
- Sexual abuse claims
- Slip and fall accidents
- Workplace accidents
- Wrongful death cases
- Employment disputes
- Medical malpractice lawsuits
Orem Post Settlement Funding Eligibility
There are specific requirements you need to meet to qualify for post-settlement funding in Orem:
- Finalized settlement: Post-settlement funding is a financial resource for plaintiffs with finalized settlement agreements, not pending cases.
- Attorney representation: A lawyer plays a crucial role throughout the legal funding process. Therefore, you must be working with an attorney to qualify for Orem post settlement funding.
The Application Process
Take the following simple steps to obtain Orem post settlement funding from High Rise Financial:
- Submit an application: Fill out our online application form or call us, providing complete information regarding your settlement agreement, basic case details, and attorney’s details, and any related documents you may have.
- Evaluation for post-settlement funding: We’ll verify your settlement details with your attorney. We’ll carefully review your post-settlement application and assess your eligibility. To determine how much funding we can offer, we’ll consider your net settlement after deductions such as medical bills, liens, attorney fees, and court costs. If you qualify, you’ll get a funding proposal with all the details.
- Receive an update on your Orem post settlement funding application: If approved, we’ll send you a funding offer, so you receive the funds promptly.
Get Your Orem Post Settlement Funding from High Rise Financial
To apply for free, call (877) 735-0016
For plaintiffs who are financially struggling while waiting for a payout after their personal injury case has been resolved, post-settlement funding can be a useful tool. It provides upfront cash without credit score or income requirements. Best of all, you only repay the funds when you receive your settlement.
At High Rise Financial, we can consider almost any type of case for Orem post settlement funding. Apply online now or call us to learn more.
Call or text (877) 735-0016 or fill out our form to apply today for free.