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Expenses after a serious injury are unpredictable. You might have mounting medical bills, daunting property repair costs associated with your injury, legal fees, and a host of other injury-related costs on top of your daily expenses.
Plus, the opposing side in your personal injury lawsuit likely is counting on you to feel the monetary pressure and accept a lowball settlement offer. All of these expenses come at a time when you might be out of work due to injury, leaving you with little or no wages.
Pre-settlement legal funding is the safest way to get cash while you wait for your lawsuit to settle. But what happens if the other side continues to postpone payment or unexpected costs crop up and leave you with a pressing financial need again?
The good news is that High Rise Financial allows you to apply for pre-settlement legal funding more than once. Our underwriters are flexible and will work with you to ease your financial worries.
If you are waiting on a lengthy lawsuit to conclude, consider turning to High Rise Financial for cash now. Not only does this help you and your family pay the bills and put food on the table, but it also takes away the opposing side’s tactic of making you desperate enough to settle for less than you deserve.
The kicker: applying for pre-settlement funding is absolutely FREE.
Qualifications for Getting Pre-Settlement Legal Funding
You may have heard of lawsuit loans before, but pre-settlement legal funding is an entirely different beast. High Rise Financial structures our repayment plans not based on your finances, but based on the expected settlement you will receive. Repayment comes directly from that compensation package, so you and your family are not burdened with compound interest or monthly payments that take advantage of your suffering. To keep the process simple and safe, we have a few requirements for qualification.
You Must Have a Pending Lawsuit
For starters, you must have filed a personal injury lawsuit in court. Some cases of clients we have helped in the past include:
- Medical device injuries (such as transvaginal mesh or hip implant lawsuits)
- Nursing home negligence
- Slip and fall cases
- Car accidents
- Truck accidents
- Dog bites or animal attacks
You Must Be Represented by an Attorney
High Rise Financial works directly with attorneys to structure your cash funding and repayment. To be eligible for pre-settlement legal funding, you must have a law firm or lawyer on your case.
Repaying Your Pre-Settlement Legal Funding
With a risky lawsuit loan, you may be on the hook for monthly payments well into the future, at exorbitant compound interest rates, regardless of whether you even win your lawsuit. That arrangement has left many unfortunate personal injury claimants in a position where they have to pay two to three times what they initially borrowed, according to reports by the Center for Public Integrity.
High Rise Financial is different. Using a non-recourse arrangement, we can provide you with no-risk funding at a flat fee rather than using compound interest. Here’s how the repayment process works.
Payment Comes From Your Settlement
By having an attorney on your side, and giving them the time to negotiate an appropriate settlement or take your case to trial, you stand a much better chance of receiving a substantial recovery. When that happens, your attorney will receive a check from the at-fault party for the compensation amount. Then, they send High Rise Financial a check for the agreed-upon repayment amount directly out of that compensation package. That way, the repayment process is finished before you even have to worry about it!
If You Lose Your Lawsuit
Now it’s time for the less positive version of the story. In some cases, even the most seemingly open-and-shut lawsuits end up going against you. You may decide to take your case to court because the other side won’t agree to a fair settlement only for a jury to declare in their favor, leaving you without compensation. If that happens to you, don’t panic.
If you lose your lawsuit, you do not owe us anything back.
Apply Now to Get Your Money
If you are feeling the pressure of the opposing side’s insurance company’s stall tactics, ease your worries by getting no-risk pre-settlement legal funding from High Rise Financial. If you wind up needing more due to life’s unpredictability, you can always apply again or contact our underwriters to help you restructure your cash funding.
Applying is quick, simple, and transparent. We DON’T require credit checks, proof of employment, tax returns, or other financial paperwork not related to your lawsuit.
To apply today, just fill out the form on our Apply Now page, and our underwriters will take over from there. In as little as 24 hours, you may have up to $250,000 (depending on your case specifics) in your account.
For assistance with any questions, call our helpful team at (877) 823-4377.