Low-Interest Settlement Loans in Washington
Do you need a settlement loan for your ongoing personal injury case? Read more below about lawsuit loans and learn how to apply and qualify for legal funding with High Rise Financial.
Everybody needs a fair chance of winning their case. Regardless of the financial situation, one is in. This is why lawsuit loans are created. Furthermore, legal funding allows those without the means to give them equal grounds to fight their lawsuits.
High Rise Financial is a reputable and fast-growing lawsuit funding provider in the country. This LA-based company offers pre settlement loans to plaintiffs of personal injury cases in Washington. Thus, if you have an ongoing case, have a lawyer, and need financial support, we have settlement loan options.
What is a Non-Recourse Pre Settlement Loan?
A non-recourse lawsuit loan protects borrowers as the lender could only seize that collateral specified on the agreement even when the value can’t pay for the whole borrowed amount. Therefore, you don’t have to worry about repayment for the lawsuit funding since you won’t pay out of pocket.
Additionally, since it’s a non-recourse loan, settlement funding firms don’t have a credit check before accepting your case. Lawsuit loan approvals depend on the strength of your case and the expected value of your award.
Get Pre Settlement Funding in Washington
The state has a three-year statute of limitations for personal injury cases. Filing beyond that may mean losing your case. Hence, no approval for your settlement loan.
Additionally, you need to understand the judicial system. The states follow a pure comparative negligence approach. This lessens your compensation depending on who is at fault. If you’re 50% responsible, compensation for damages is reduced by 50%.
This information matters for settlement funding firms as it affects how much payment they get when the case is won.
Settlement Loan FAQs
There are still many misconceptions about settlement loans. Here are some frequently asked questions about pre settlement loans to help you understand it more clearly.
How can I spend lawsuit loans?
There’s no limit as to how you spend settlement loans. Use it for medical fees, insurance, mortgage, tuition, and more. You’re free to use your settlement funding for whatever reason.
Is there a monthly repayment for presettlement funding?
There is no scheduled payment for presettlement funding. You pay for the settlement loan when your case settles. Settlement loan lenders can’t ask you to pay for the lawsuit loans if you don’t win the lawsuit. You get to walk scratch-free.
Where can I apply for a pre settlement funding?
There are hundreds of pre settlement funding providers in Washington. Therefore, make sure to do your research, ask your questions, and ensure that you apply with a reputable firm.
Apply for Settlement Loans Now!
Apply online or call out hotlines for settlement loans. Give yourself a fair chance of winning your case. Get a settlement loan today.