After an accident, you could wait months for your personal injury settlement to clear. But while you wait, how will you pay for costs of living, hospital charges, and property damage? Legal funding could help you escape the financial pressures you could face due to a loss of income.
Instead of taking a lesser settlement just so you can pay your medical bills and living expenses, pre-settlement legal funding on Staten Island gets you the cash you expect from your settlement now through a risk-free process. Legal financing can help you sleep easier at night.
What is Pre-Settlement Legal Funding?
Pre-settlement legal funding is money you can get for the expected value of your future settlement before the case actually settles. This isn’t a loan or a cash advance, and you won’t have to pay anything back if you lose your case. The IRS considers pre-settlement funding to be a type of non-recourse debt, meaning that you have no personal liability for it.
Many people settle for a lower amount of compensation that they can actually obtain simply because they need money to pay their bills now. Pre-settlement funding can get you this money, allowing you to breathe easier and focus on winning your case. The lawsuit funding company assumes all of the risk of your case, meaning they don’t get paid unless you do.
What Accidents Qualify for Pre-Settlement Funding?
Most personal injury cases will qualify for pre-settlement funding. If certain factors are met, anyone who has been injured in any of the following ways can access Staten Island pre-settlement lawsuit funding for their case:
- Car accident
- Motorcycle accident
- Trucking accident (big rig, semi-truck or 18-wheeler)
- Bicycle accident
- Pedestrian accident
- Medical malpractice
- Slip and falls
- Premises liability cases
- Jones Act violation injuries
- Nursing home negligence
- Construction accidents
An analysis of your case against a liable third-party defendant by one of our team specialists will enable us to figure out your personal injury case’s value and whether you qualify for legal funding.
How Can I Obtain Pre-Settlement Legal Funding in Staten Island?
In order to obtain pre-settlement funding for your accident, you’ll need to apply for it with a settlement funding company. This process can take just a few minutes. Once you’ve been approved, you can receive the money in your account within 24 hours.
Cases in which another party is clearly responsible for your accident are ideal for pre-settlement funding. The responsible party must also have an insurance policy, as this will serve as the basis of the payout for your future settlement and the funding you’ll receive.
Your lawyer must also accept your legal funding as payment. If they don’t, we can’t fund your case, and you may have to forgo pre-settlement lawsuit funding in Staten Island or find a new lawyer who will accept it.
Get Pre-Settlement Legal Funding on Staten Island Today
High Rise Financial has helped hundreds of victims of personal injury auto accidents and other injury cases obtain the cash they needed to obtain justice for themselves. Knowing what options remain open to you are vital during your personal injury case, and we’re here to help. Contact us today to see if your case qualifies for pre-settlement legal financing on Staten Island.