Injured people are often left out to dry during lawsuit negotiations and court proceedings. Claims can take months or even years to resolve, and finances tend to dwindle during that time. Even worse, the opposing side knows that this is the case, just as they know that injured people often have to take time off work because of their injuries. They use this knowledge to try to strong-arm injured people into accepting lowball settlement offers out of desperation for immediate funds.
Through High Rise Financial’s pre-settlement legal funding, injured people can get the money they need to handle expenses as they wait for their claims to conclude. The application process is simple and transparent, with many clients seeing money in their accounts within as little as 24 hours after applying.
What Your Application Includes
When you apply for pre-settlement legal funding from High Rise Financial, you will need to fill out the information in our Apply Now form. Unlike other lending institutions, such as those that provide cash advances or lawsuit loans, our application is minimally invasive. All we need is information about the nature of your case. Include data like:
- The expected settlement in your case
- The extent of your injuries
- The amount of property damage you’ve suffered
Even more important is the information we don’t need. For example, consider the following:
- NO credit check
- NO deep dive into your private finances
- NO proof of employment required
Since repayment for your legal funding comes directly from the eventual settlement you receive, we don’t need to know about the other stuff. Just like you, we value your privacy.
How Pre-Settlement Legal Funding Protects You
High Rise Financial is headquartered in Los Angeles and serves clients across the United States. As such, we are beholden to U.S. laws and strive to operate in an ethical, transparent way. You won’t find any hidden fees here, nor compound interest that forces you to pay two to three times what you borrow. But we also protect you in other ways.
Legal Funding Is Non-Recourse
As defined by the Internal Revenue Service, all debt is split into two categories: recourse and non-recourse. The difference between these two is that recourse debt holds the borrower personally liable for the full amount owed. Non-recourse debt, however, has built-in protections so that the borrower is not personally responsible.
Pre-settlement legal funding from High Rise Financial is not a recourse loan, so it comes at no risk to you. In fact, you owe us nothing if you end up losing your lawsuit. You get the funding you need now without the worry of being locked into monthly payments if your case goes sour, leaving you worse off than when you started.
Legal Funding Is Repaid From Your Settlement
Another protection exclusive to legal funding is that the repayment amount comes directly from your monetary award when the case is resolved. Below is an outline of how the process works.
- You get funding from High Rise Financial to cover your expenses while your case settles or a verdict is reached at trial.
- Once the case is over, your attorney receives a check for the amount of compensation the at-fault party owes you.
- Your attorney sends High Rise Financial the repayment amount out of this compensation package and takes their lawyers’ fees.
- The remainder of your compensation is yours!
In other words, there is no danger of you forgetting monthly payments, no risk of you signing up for payments down the road without knowing whether you will be financially solvent, and no effort required on your part. Plus, it is important to remember that having funds now will allow your attorney to combat the stall tactics used by the opposing side. This typically results in a much larger settlement agreement than you might otherwise receive.
Cases That Qualify
High Rise Financial provides legal funding for clients whose cases match a range of profiles. Typically, we cover personal injury claims, such as:
- Slip and fall accidents
- Car crashes
- Faulty product injuries
- Injuries in the workplace
- Dog bites
- Medical malpractice
We also provide funds for clients injured by medical devices, such as recent cases involving transvaginal mesh and hip implants. If you need cash now and have an injury claim in the works, it is best to speak with your attorney about the viability of legal funding. High Rise Financial is an authorized lender and is a safe, transparent, effective solution.
Apply Now and Be Approved Quickly
Do not be swayed by lawsuit loans or cash advances that charge compound interest and prey on injured people. If you need cash while you wait for your lawsuit to settle, get pre-settlement legal funding in as little as 24 hours after applying.
Fill out the form on our Apply Now page, and our professional underwriters will take over from there. In some cases, we have provided up to $250,000 to clients in need. If you have any questions or need more information before making your decision, call our team of experts today at (877) 823-4377.