Perhaps the person who caused your injuries doesn’t have insurance, and you’ve been forced to resort to the courts for compensation. Or you’ve already been run through the wringer by an insurance company and aren’t getting satisfaction. Either way, deciding to file a lawsuit isn’t easy.
If you’re trying to recover while waiting for a settlement, a lawsuit loan can help you down the long road ahead. Pre-settlement funding in McAllen, Texas, from High Rise Financial may be able to get you the funding you need to stay afloat.
In This Article
The Long Road to Getting a Settlement in Texas
The steps to resolve a personal injury case in Texas are many and formidable. You must first decide that filing a suit is the right choice. That decision is not always obvious, but many people file a lawsuit because the perpetrator has no insurance or the insurance company is stonewalling their efforts to resolve the matter.
One tactic insurance companies use to get victims to accept a lower settlement than they deserve is deliberately making the settlement process take as long as possible.
Eventually, you just take it out of necessity. Getting pre-settlement funding in Texas can help you hold out for the total value of your settlement.
To apply for free, call (877) 735-0016
How Lawsuit Loans in McAllen Can Help
If a case fails to settle quickly and a personal injury victim files a lawsuit, many McAllen residents are surprised to learn that they may have to wait two years to receive compensation for their injuries.
A U.S. Department of Justice study found that a personal injury case will usually run from 20 to 24 months before trial. Those two years could mean the difference between paying bills and filing bankruptcy for a victim unable to work.
Pre-settlement loans are often the answer for plaintiffs who cannot spend months or years walking a financial tightrope while their attorneys battle with an insurance company. Lawsuit loans in McAllen allow you to draw on a settlement before the parties have come to terms or the case reaches the trial stage.
McAllen Pre-Settlement Funding Lawyer Near Me (877) 735-0016
A High Rise Lawsuit Loan Is Not a Loan
A lawsuit loan does not fit the definition of a traditional loan. You can’t walk into a McAllen bank and ask for pre-settlement funding. There is no promissory note. You don’t need any collateral for financing. There are no monthly payments.
Most importantly, there is no risk to you at all. High Rise will not attempt to collect from you if you lose the case or fail to settle. Not many credit cards or personal loans can claim that distinction.
Instead of repaying what you borrowed, the money you receive in a High Rise lawsuit loan transaction is yours to keep. It is an advance on the amount you expect to receive at settlement.
Lawyers call a lawsuit loan a non-recourse transaction. High Rise purchases from the plaintiff an interest in the lawsuit. In the meantime, the plaintiff enjoys the advance payment without waiting until the end of the case. It could not be simpler.
Let High Rise Help You Through This Difficult Time
If you live in McAllen, Texas, contact the team at High Rise to start your application. You could be enjoying your pre-settlement funding within 24 hours.
Call or text (877) 735-0016 or fill out our form to apply today for free.