Legal Funding in Houston
If you decide to file a lawsuit, it signifies that someone has wronged you. You have probably suffered several losses, including lost wages, property damage, or medical expenses. Regrettably, lawsuits can quickly add hundreds of dollars in unforeseen expenses that might be challenging to handle.
A Houston lawsuit loan might provide you with money in advance of your jury verdict or negotiated settlement. You can use presettlement funding to cover your lawsuit fees as well as routine expenditures that you may otherwise find difficult to cover.
Are Houston Lawsuit Loans Safe?
Houston lawsuit loans are essentially risk-free and pose no risk to the borrower. High Rise Financial offers settlement loans that are non-recourse loans. As per IRS, it means the borrower is not responsible for repaying them, eliminating the risk.
The settlement loans we offer are only repaid from the loan’s collateral, in this case, the final settlement of the lawsuit. In other words, the lawsuit loan is only reimbursed if you win your case. Your Houston lawsuit loan does not need to be repaid if you lose your lawsuit.
Do I Have to Go Through a Lengthy Process to Obtain Legal Funding?
One thing to remember about lawsuit loans is that the application procedure is simple and easy. This is because pre settlement funding is different from a personal loan.
To apply for a traditional loan, you must first go to a credit union or a bank. You then complete an application and provide details about your credit history and other personal finances. The credit union or bank then evaluates your application. You get a quotation if your loan application is accepted. You must pay back your loan regardless of how you used it.
In contrast, when you apply for our presettlement funding, we ask for relevant information about you and your lawsuit. Generally, it takes only a few minutes to complete our free settlement loan application. Within one business day, we will analyze your pre settlement loan application and determine if you are eligible for legal funding. Remember that before applying for our pre settlement funding, you must have filed a lawsuit against an at-fault party and have hired a contingency-based lawyer.
How Much Does a Houston Lawsuit Loan Application Cost?
Applying for settlement loans in Houston, Texas, or anywhere else, is free of cost. If a settlement funding company takes fees for applying, they are not a reliable lender. A reputable lender ought to offer free settlement funding applications and be transparent and honest about any fees. This is true for interest rates on lawsuit funding as well, which must always be fair, simple, and non-compounding. At High Rise Financial, we consider that the best pre settlement loans are the ones that let you keep the maximum settlement amount after the repayment of our lawsuit loan amount and lawyer’s fee.
Can I Still Request Houston Lawsuit Loans If I Have Already Begun My Lawsuit?
Yes! As long as you have a lawyer involved, you may submit a settlement loan application at any time throughout your litigation.
Getting in touch with a member of our knowledgeable staff is the first step. In order to give you a settlement loan that meets your specific requirements, we have to know about you and your case.
Applying for Houston Legal Funding is FREE!
Complete your application for a Houston settlement loan today for free. Our online pre settlement funding application process is fast and easy. We take applications every hour of the day. Call us at (866) 407-6404 to talk with one of our representatives if you have any queries or concerns about our lawsuit funding procedure. Our knowledgeable staff will be happy to discuss how lawsuit loans can help you in your fight for justice.