If you find yourself filing a sexual abuse lawsuit, you may discover that recovering a fair settlement can take months or even years. During this period, urgent bills such as rent, medical expenses, and groceries can overwhelm you, the plaintiff, leading to financial struggles. Utah sexual abuse lawsuit loans provide a lifeline, allowing survivors to stay afloat financially as they await their compensation.
What Are Sexual Abuse Lawsuit Loans in Orem?
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Sexual abuse lawsuit loans are a type of financial product for sexual abuse survivors with pending legal cases. They allow you to access a portion of your expected settlement early by way of upfront funding from a lawsuit loan company.
A legal funding provider, such as High Rise Financial, will assess your lawsuit and offer you a loan based on your case’s details. If you’re considering sexual abuse legal funding in Orem, here’s what you need to know:
- Non-recourse loans for survivors: One of the most significant features of our loans is that they are non-recourse, meaning repayment is only required if you win your case. If there is no settlement, you owe nothing. We’ll take the loss.
- No monthly payments: With our upfront funding, you’ll repay the loan from the final settlement amount in a single lump sum. Plaintiffs do not need to make monthly payments.
- Loan approval is based on case merit: Unlike traditional loans, approval does not depend on your credit score, income, or financial history. Instead, we review the strength and potential value of your lawsuit.
How to Apply for Pre-Settlement Funding in Orem
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At High Rise Financial, we understand how challenging it can be to deal with expenses while waiting for your settlement. This is why we provide lawsuit loans for sexual abuse within the shortest time possible. Survivors in Orem can access upfront funding with these simple steps:
- Apply for funding
The application process starts with providing a few relevant details through our free online application form. Alternatively, you can call us and speak to one of our representatives.
- Case assessment
We will work with your lawyer to review the case details, allowing them to evaluate your eligibility and determine the suitable funding amount.
- Decision and funding
If your case qualifies for our loans, we will present you and your attorney with a funding offer. Review the terms and accept the offer to receive your loan.
How Does Repayment of Sexual Assault Settlement Loans Work?
Repayment of our sexual abuse lawsuit loans is straightforward. Once your case is resolved and you receive your settlement funds, your attorney will deduct the amount you owe before releasing the remaining balance to you. Your lawyer is responsible for sending a check to your funding provider.
If your lawsuit is unsuccessful, you’re not required to repay your settlement loan. This low-risk structure makes legal funding more appealing to plaintiffs.
Get Orem Sexual Abuse Lawsuit Loans from High Rise Financial
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If you need cash now while your sexual abuse lawsuit is ongoing, we can help. Here at High Rise Financial, we ensure that our funding process is seamless and straightforward. Plaintiffs in Orem can get the financial support they need with no credit checks, income requirements, or monthly payments. Contact us to learn more or apply online now.
Call or text (877) 735-0016 or fill out our form to apply today for free.