Legal Funding in Edinburg
Lawsuit Loans in Texas are non-recourse pre-settlement cash advances. Plaintiffs seeking monetary recompense from any at-fault party can apply for the settlement loans as per Texas law of Modified Comparative Fault – 51% Bar.
Personal injury victims in Edinburg and other cities of Texas State may be eligible for settlement funding. However, you’ll need to work with High Rise Financial to Receive the best lawsuit loan services in Edinburg. Our legal funding professionals will do all possible to help you get presettlement funding that fulfills your financial needs.
Who Qualifies for a Lawsuit Loan in Edinburg?
You may be eligible for a settlement loan if you are a personal injury victim who has filed a lawsuit and expect to be compensated. Settlement funding is a means to take money out of future compensation, so you will not have to worry about expenses for months or years while your lawsuit is ongoing.
High Rise Financial has helped customers with pre settlement funding in instances such as:
- Personal injury
- Workplace injury
- Car accidents
- labor law loans
- Employment laws
- Defective drugs
- Defective medical devices
- Slip & Fall
We also provide lawsuit loans for other cases that may not be mentioned above. There are no hidden costs or charges in our lawsuit loans application process. Fill out our online application to tell us about your situation, and we’ll get back to you as soon as possible with details about what amount of pre settlement funding we might be able to grant.
Why Do You Require Legal Funding Before a Settlement?
Plaintiffs require lawsuit funding for a variety of reasons, the most common of which is to enable them to cope with severe financial difficulties while their lawsuit is pending. Court proceedings are a complicated procedure, and individuals waiting for a settlement may find themselves struggling to get through it. Presettlement funding clients may have to utilize their funds to meet ongoing legal expenses and lawyer’s fees.
However, we do not insist that the funds be used entirely for legal expenses. Plaintiffs can also spend the settlement loan amount on the following items:
- Medical expenditures
- Childcare expenses
- Mortgage or rent expenses
- Utility bills
- Repairing property damage
- Expenses incurred by a household regularly
How Do We Calculate the Value of Your Lawsuit Loan in Edinburg?
In some situations, High Rise Financial can provide settlement loans of up to $1000000 ($1 million). Based on a multitude of criteria, our underwriters decide how much we can securely offer you. These are some of the parameters:
- What amount do you require?
- The overall amount of your losses.
- The total time you estimate your lawsuit to last.
We don’t make our judgment based on your financial condition, credit rating, or other variables relating to your bank balance, as your lawsuit settlement is the only source of cash to repay your settlement loan. Since pre settlement loans are repaid entirely from your final compensation, the amount of pre settlement funding is decided by the specifics of your case.
What Are Associated Risks with Lawsuit Funding in Edinburg?
With lawsuit loans in Edinburg, we bear all the risks. To understand it, consider how our lawsuit loan repayment procedure differs depending on whether you settle or win your lawsuit vs if you lose.
You receive settlement money from the at-fault party if you settle or win your lawsuit. At this time, your lawyer receives a check for the complete amount of your settlement. Your lawyer then gives us a cheque for the entire amount of your lawsuit loans, and you are reimbursed in full.
In contrast, if you didn’t win your lawsuit, you don’t have to repay your settlement loan. This is because we only expect you to repay your pre settlement loans if you win your lawsuit.
Learn More About Legal Funding in Edinburg Today
High Rise Financial team can assist you in obtaining settlement loans in Edinburg, which is ideal for your financial situation. Please contact us at (866) 407-6404 for additional details. If you’re ready to apply for a lawsuit loan, you may do it online.