Recovering compensation for your personal injury through a lawsuit can take months or even years, putting you under intense financial pressure. If you are unable to work after your accident, you may not have the financial means to pay for medical and living expenses.
To avoid that situation, you can obtain pre-settlement legal funding in Orange County, CA. With legal funding, you have immediate access to cash financing for your lawsuit before it settles. It also allows your attorneys to fully pursue your case while you recover from your injuries.
What is Lawsuit Financing?
Pre-settlement legal financing in Orange County makes it easier on you to continue living after your accident. You can continue receiving medical treatment and care and pay for your daily cost of living without worry while your attorney litigates your case.
You won’t have to wait until you get a settlement or future court award. It only takes 24 hours or less to get the funds you need for your personal expenses. The beauty of lawsuit funding is that it must only be paid back to us if you win your case or if there is a settlement to compensate for your injuries. There is no risk involved. It is a win-win situation!
Traffic Accidents Are the Main Causes of Personal Injuries
Traffic accidents and injuries occur frequently and can wreak havoc on your life, especially when the physical injury and damage are severe. You know you will qualify for lawsuit funding in Orange County if you sustained an injury from a negligent company or individual.
There are many ways that you could be injured, but the number one cause in California are traffic accidents due to the high population and congested roadways in Orange County. In fact, many of the most serious accidents take place on California’s huge superhighways. Below are some traffic accident cases that qualify for legal funding:
- Car accidents
- Truck accidents
- Pedestrian accidents
- Bus and subway accidents
- Boating accidents
- Bicycle and tricycle accidents
- Motor scooter and motorcycle accidents
What Are The Advantages of Legal Funding?
A settlement can take weeks or even months to be resolved, during which time you may be unable to work or have to pay legal fees you can’t afford. This can put enormous financial pressure on plaintiffs, making it more likely that they settle for a lesser amount of compensation than they could obtain if they weren’t forced to compromise.
Pre-settlement legal funding in OC offers plaintiffs a financial bridge that can help them get to the point where they can obtain their maximum settlement. It has several advantages over other types of financing available to plaintiffs as they pursue their settlements, such as dipping into savings or taking out a legal loan.
For one, legal funding isn’t a loan, but is instead a form of non-recourse debt. This means that you have no obligation to pay it back unless you win your settlement. The legal funding company assumes all the risk of your case once our team of underwriters evaluates your case and approves your application.
Can Your Lawyer Deny You Pre-Settlement Funding?
If you decide to obtain legal funding, you must inform your lawyer, as this will change how they will be paid from your case. Your lawyer can’t stop you from getting legal funding if you qualify for it, but they may not want to work with a legal funding company. If your current lawyer does not wish to accept legal funding, you may need to find a new one if you are trying to obtain it.
Apply for Pre-Settlement Funding in Orange County
High Rise Financial offers the opportunity to apply for pre-settlement legal funding to all Orange County and California residents or accident victims. The application is simple and should only take a few minutes.