A settlement can take months or years to be resolved. And during that time, the Legal Funding Group could be your partner through it all. It can be hard to find a reliable legal funding company that’s stood the test of time. With the Legal Funding Group, you won’t have to worry about fighting for justice alone.
We’ve checked online web reviews for the Legal Funding Group and compiled our data here. It can be hard for clients to navigate their options, but we hope that you will have the information you need to make an informed decision about your source of legal funding.
What Kinds of Cases Does the Legal Funding Group Support?
The Legal Funding Group supports a wide array of personal injury cases. If you’ve been injured and are waiting on a settlement, it’s likely that you qualify for legal funding here. Some of the cases covered include the following:
- Car accidents
- Dog bites
- Medical malpractice
- Product liability
- Nursing home injuries
- Dangerous drugs
- Work injuries and compensation claims
Some firms specialize in only one kind of injury case, but the Legal Funding Group takes on many different types of lawsuits. This can make them more flexible than other companies in the industry and better able to adapt their services to your needs. They may also be able to offer insight into your case which other companies simply aren’t able to provide.
Advantages of the Legal Funding Group
For plaintiffs looking for lawsuit financing, The Legal Funding Group offers several key advantages over other types of financing and even other companies in its industry. However, it can be hard to evaluate these if you’re coming from outside the industry. Knowing what these are can help you better evaluate the opportunity presented by The Legal Funding Group for your case.
Fast, Easy Application Process
The Legal Funding Group offers a fast, easy application process for pre-settlement financing. They do not check the credit history of applicants and only take a look at the quality of your case when determining if they will lend to you and how much. They can also deposit money into your bank account in as little as 24 hours after your approval.
You Can Obtain Non-Recourse Funding
Should you decide to obtain pre-settlement legal funding from the Legal Funding Group, you won’t owe anything if you lose your case. That’s because the IRS categorizes legal funding as non-recourse debt, meaning you have no obligation to repay it from your personal finances.
Your settlement acts as collateral for the funding. And if there is no settlement, then the funding you received is yours to keep.
They Have a Variety of Funding Options
Unlike some other companies, the Legal Funding Group offers a variety of funding options for your case. A lawsuit cash advance is available for those who wish to receive a payment for their settlement now, while pre-settlement funding is available for those who wish to only receive a portion of it. They also offer attorney funding that is tailored to the needs of law firms.
Disadvantages of the Legal Funding Group
While there are some key advantages to working with the Legal Funding Group, there are some difficulties as well that are worthy of consideration.
Should you need to obtain legal funding, these disadvantages could easily become obstacles from obtaining the full value of the legal funding available to you. Find out what to watch for with the Legal Funding Group to see if you’ll need to work with another provider.
Few Web Reviews
Unfortunately, the Legal Funding Group doesn’t have many web reviews available online for potential clients to evaluate. Their Yelp only has one review while their Birdeye has nine, which aren’t enough to give an accurate reflection of the kind of service a client can expect from them.
This lack of reviews can make a handful of bad reviews stand out and take on more weight in the minds of potential clients than might be warranted.
They Lack a Specialization
While the Legal Funding Group can offer financing for a wide variety of cases, they don’t necessarily have a single specialization. This can mean that you won’t have access to as much insight into your case as you might if you worked with an industry specialist.
However, you can still receive vital advice, insight, and of course, cash from the Legal Funding Group even without this specialization from them.
There Aren’t Specifics on Their Funding
Unfortunately, there aren’t specifics available on the terms of funding that aren’t available for the Legal Funding Group. They do offer a minimum of $1,000 in legal funding per case, but how much you can expect to repay will depend on the specifics of your case. This can make it harder to plan for the future without knowing how much you will have to repay from your settlement.
Get Legal Funding for Your Settlement Today
Contact High Rise Financial to obtain legal funding for your settlement today. We offer qualifying clients up to $1 million in funding that can be within your bank account in as little as 24 hours after your approval. If you are waiting for a settlement, you are likely already pre-approved with us and can have your application approved in less than a day.
We offer simple interest rates for our clients, which prevents them from paying a significant proportion of their settlement simply to interest, as is common with other legal funding companies.
We serve clients nationwide and can deliver you the funds that you need to fight for the maximum value of your settlement. Should you lose your case, you won’t have to pay anything back to us, thanks to our non-recourse funding structure.