High Rise Financial provides pre-settlement legal funds to personal injury claimants who need cash to hold them over while their case settles or goes to court. As with any situation that involves borrowing money, it’s natural to wonder whether getting pre-settlement legal funding will show up on your credit report. We’re happy to let you know that pre-settlement funding does NOT show up on your credit report! Not only that, but we do not require a credit check before providing legal funding. In fact, here are some other perks you can expect when applying for pre-settlement cash now.
- NO tax records
- NO in-depth look into your financial status
- NO proof of employment
We don’t have to look at your personal finances because repayment of your pre-settlement legal funding comes directly out of the eventual settlement or jury award in your lawsuit. Below, we’ll outline the process of getting your money in as little as 24 hours after you apply.
What to Include in Your Application
In order to be eligible for pre-settlement legal funding from High Rise Financial, you will need to have a pending lawsuit filed in court. That doesn’t mean that you have to actually go to trial, and in fact, most personal injury claims are settled before a trial is necessary. Also, you must have an attorney or law firm representing your case.
Our underwriters work directly with your attorney when it comes to the repayment process. Plus, it’s a good idea to have an attorney anyway, as a lawyer is likely to get you a much bigger recovery package than you would otherwise expect.
Cases That We Fund
Personal injury is a wide area of law and includes lots of different case types. Most of them will qualify for pre-settlement legal funding, and you can always discuss any concerns you have about eligibility by calling our office. Some of our previous clients were injured in cases like the following:
- Auto accidents
- Dog bites
- Nursing home negligence or abuse
- Medical malpractice
- Faulty medical devices (such as transvaginal mesh or hip replacement implants)
- Slip and fall cases
Information We Need
If you are eligible for pre-settlement legal funding, fill out the form on our Apply Now page. You will need to include data on your case so that our experts can better assess whether we can provide the funds you require.
- The severity of your injuries: tell our underwriters about the kind of injury you sustained, whether they have permanent effects like paralysis or loss of limb, and how they affect your daily life.
- Expected settlement amount: at the start of your claim, your attorney usually collects evidence of all your damages and comes up with an expected value to your case. Let out underwriters know how much you expect to get in a settlement or jury award.
- Contact information: don’t forget to include your contact information and the contact information of the attorney or law firm representing you. Our underwriters typically get money to clients within as little as 24 hours, but we may have to contact you if we need additional data.
Money for Your Expenses
The amount of funding we provide is dependent on how high your lawsuit is valued (in other words, how much you expect to get when your case resolves). After you are approved for pre-settlement legal funding and accept the repayment terms, up to $250,000 will be deposited into your bank account.
Did you get caught up on that bit about “repayment terms”? Don’t stress. With High Rise Financial, there are no hidden fees and no compound interest rates. Instead, we attach a flat fee to the funding amount we provide, and all of it is paid at once out of your settlement or jury award check. Better yet, your attorney sends us your repayment directly when your case is over. You don’t have to worry about remembering any monthly payments or running up significant interest!
What Your Funding Can Be Used For
Pre-settlement legal funding is your cash. It’s your money, which means you can use it however you need to use it. Commonly, injured people may have to go without income due to being unable to work. Pre-settlement legal funding shores up your finances and allows you to pay for:
- Rent or mortgages
- Food for your family
- Daily expenses like clothes or gas
- Utility bills
- Medical care costs
- Property repair or replacement
You can even invest some of your pre-settlement legal funding, though it becomes subject to taxes just like any other investment.
Get Money Now, With No Credit Check
If you need cash to hold you over while your personal injury lawsuit resolves, fill out the form on our Apply Now page today. With High Rise Financial, you don’t have to worry about any hits to your credit, and you don’t have to be subjected to an invasive credit check.
Our team of financial professionals can answer any questions you have. Email us through our contact page or call (877) 823-4377 to speak with a member of our team.