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Risk-Free Pre Settlement Loan in San Angelo, TX
Lawsuit funding eases financial burden and helps you pay for the medical bills, legal fees, and daily living expenses such as gas, mortgage/rent, etc.
Pre settlement loans aren’t new in Texas. A day doesn’t go by without traffic accidents in the state. With personal injury cases pouring in, victims need the financial backing to get their deserved compensation.
To apply for free, call (877) 735-0016
Lawsuit Loans Explained
A settlement funding is a non-recourse loan where rates and principal are repaid when the case is settled and won. Lawsuit loans don’t require collateral since you’re cashing in a portion of your future settlement. Therefore, you don’t need to put your assets on the line to get presettlement funding.
Texas has a two-year statute of limitation for personal injury claims. Failure to file your lawsuit within that time frame will invalidate your case, and you won’t be able to apply for pre settlement funding.
Who can apply for settlement loans?
There aren’t many requirements for presettlement funding. You just need to check two boxes: a strong case and a lawyer representing you. The legal funding specialists will talk to your lawyer about how solid your case is.
If the defendant doesn’t pay for the settlement, the lawsuit loans firms assume the risks. It’s an investment, and it’s only fitting that they evaluate every case that comes in their doors. Unfortunately, it’s still not a 100% guarantee that you’d get a lawsuit loan approval right away. Often, plaintiffs have to apply at several firms before reaching a settlement loan.
Process for Settlement Loans
Some would choose not to file a claim because they lack the financial resources. By the time they decide, it’s already too late. Lawsuit loans serve as the buffer before you get the settlement once you’ve won the case.
High Rise Financial only has a three-step process to settlement loans.
- Apply. You can apply for a pre settlement funding online or over a call. It’s free, and it only takes minutes.
- Case Evaluation. Our lawsuit loan specialists will talk to your lawyer about your claim and the possible amount. You’ll be notified within 24-hours.
- Receive your settlement loan. Once approved and contracts are signed, the lawsuit loan money is available in hours.
San Angelo Pre-Settlement Funding Lawyer Near Me (877) 735-0016
Choose the Right Lawsuit Funding Firm
Finding an ethical, legal funding firm is necessary. The state is now home to several settlement loan companies that offer the same services and, often, similar low-interest rates. Here is a guide to help you pick the right pre settlement funding firm.
Responsive and easy to reach
A reputable lawsuit loan firm is quick to address concerns. However, with the many things you’d have to deal with, it’s only better to speak to another person on the line who will answer your concerns.
Transparent contracts and no hidden fees
Read the settlement loan contract before signing. Check for hidden and extra fees. Then, let your lawyer review the document for you.
Non-compounding interest
Don’t go for the first firm right away without checking the interest rate and whether it’s compounding. You might pay for more if the case takes longer to settle.
Applying for a lawsuit loan can help you get immediate funds before your case settles. Call us today to get settlement funding in San Angelo, Texas.
Call or text (877) 735-0016 or fill out our form to apply today for free.