Apply for a Settlement Loan in Virginia
It’s not easy being in the middle of a personal injury lawsuit. Often, these take time, and even if you win the case, you’re not guaranteed to get the compensation right away. Hence the existence of legal funding. Otherwise, a lawsuit loan is the closest and fastest financial assistance you’ll get without any risks for you and your family. Learn more about lawsuit loans below.
Settlement Loans for Your Personal Injury Case
Virginia has a two-year statute of limitations. Therefore, victims have ample time to build their case and win it. However, others don’t have the means or the time to waste waiting for their case to settle. They need lawsuit loans to help pay the medical fees and daily living expenses and support their family while they focus their efforts on winning.
How Much Settlement Loan Can I Qualify?
The pre-settlement loan amount depends on the case’s projected value. Your pre settlement funding is not based on your credit score or income. The more serious your injury is, the more you’ll qualify for settlement funding.
Most lawsuit funding firms offer up to 25% of your estimated compensation. However, if the case is settled, the firm can approve pre-settlement loans of up to 50% of your total amount awarded.
Understanding what lawsuit funding is about before making the decision is essential. While settlement loans help you with pressing financial needs, you may find yourself without a penny left from your settlement award due to interest rates. Therefore, ensuring that you’re applying for lawsuit loans from trusted settlement funding firms is critical.
Compare Rates for your Settlement Loans
Compare interest rates for different settlement loan firms to find the right fit for your needs. Shop for the firm with the lowest interest rates for their lawsuit loans. Additionally, it’s essential to ask about hidden fees.
Even when you don’t pay the pre-settlement funding from your pocket, that money is still as good as yours as it’s part of your expected payment for the injuries and damage you have personally sustained.
Does My Case Qualify for a Presettlement Funding?
High Rise Financial offers settlement loans for various personal injury cases, including sexual abuse, traffic accidents, workers’ compensation, pedestrian knockdown, medical malpractice, slip and fall, and much more. If you have an ongoing personal injury case and have a legal representative, then you qualify for a settlement loan.
Apply for Lawsuit Loan with High Rise Financial
High Rise Financial is a trusted and reputable LA-based pre-settlement funding firm. However, we help clients across states and offer them settlement loans. We have a seamless settlement loan application process. Settlement loans shouldn’t take forever. High Rise Financial approves your pre settlement funding application within the day.
Call our hotlines today regarding settlement loans.