For those involved in a personal injury lawsuit in Casper, WY, be careful. Your medical bills and other expenses may add up quickly. Thankfully, Wyoming legal funding can help you cover these costs.
High Rise Financial is a top choice for lawsuit loans in Casper. Our team can teach you about our legal loan options, how they work, and their benefits. For more information, reach out to us.
When to File a Personal Injury Claim
Per Wyo. Stat. §1-3-105, there is a four-year statute of limitations for injury claims. You have up to four years to submit a claim for compensation based on an injury caused by someone else. There are many reasons why people file injury lawsuits, such as:
- Auto crash
- Motorcycle collision
- Trucking accident
- Premises liability
- Slip and fall accident
- Defective product
- Medical malpractice
You can request economic and non-economic damages in an injury lawsuit. Economic compensation is awarded for medical bills, lost wages, and other quantifiable losses. Non-economic damages are provided for suffering, pain, and other subjective losses.
To apply for free, call (877) 735-0016
How Much an Injury Claim Is Worth
What your claim is worth depends on the severity of your injury and other factors. It helps to hire an injury attorney to represent you during your case. Your lawyer can help you calculate your economic and non-economic losses and prepare an argument designed to show a judge or jury you deserve this amount.
Of course, even if you have a strong argument, an at-fault party and their insurance company may do whatever they can to avoid paying you. They may deny an insurance claim you submit and allege you are partially or completely responsible for your injury. If they succeed, they may frustrate and annoy you to the point where you want to give up on your case.
One of the best things you can do to guarantee yourself compensation in a car accident lawsuit or any other injury case is to request a pre-settlement loan. High Rise Financial can discuss our Casper lawsuit loans with you and help you find one that lines up with your expectations. To get started, contact us today.
How a Casper Lawsuit Loan Works
You may have no idea when your lawsuit will end — and that is OK. With a lawsuit loan, you receive compensation based on your projected case settlement amount. Only if you win or settle your claim are you required to pay back your loan.
For example, you may get a medical malpractice lawsuit loan. After you receive your funding, you continue your case against a medical provider. If you get compensation from this provider, you pay back your legal funding company from your settlement, then keep the remainder for yourself.
Comparatively, in a medical malpractice lawsuit, the defendant may compel a judge or jury to rule in their favor, and you receive no damages. If you previously received a legal loan, you have nothing to worry about. You keep the money you already received, and you are not legally required to pay anything back to your loan provider.
Casper Legal Funding vs. Personal Loan
A personal loan may be your go-to option if you need money right away. The loan allows you to receive money to cover just about anything quickly. If you are involved in an injury case, this type of loan may not be the best option available to you.
To request a personal loan, you will need to fill out a long application and provide information about your credit and income histories. A bank or credit union may need days or weeks to review your request. If you get approved for a loan, you must pay it back in accordance with your lender’s terms and conditions.
Whereas a personal loan is contingent on you, legal funding is not. Pre-settlement funding is a type of non-recourse loan. As such, a pre-settlement loan company takes 100% of the risk with your funding, and you can quickly and easily get approved for it.
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Lawsuit Loan Application Process
A legal funding company does not require you to share your credit and income histories. It offers an application you can submit online or over the phone. For many people, the application process can be completed in just minutes.
To apply for a lawsuit loan, you must share your name and other contact information and details about your case. You are required to have an attorney to represent you when you fill out your loan application. This lawyer handles communications between you and your lawsuit funding provider.
You may get approved for pre-settlement funding in as little as 24 hours. At this point, you will get a personalized loan quote. You have the opportunity to review your quote, ask questions about it, and make an informed decision on whether it is right for you.
Legal Loan Benefits
Pre-settlement funding offers more flexibility than personal loans from banks and credit unions. Along with this, there are many reasons why people request pre-settlement funding. These include:
- No Hidden Fees: A lawsuit loan company is upfront about its fees and has legal funding specialists on staff to answer any questions you have.
- Low-Interest Rates: A pre-settlement funding provider offers interest rates that may be lower than those associated with personal loan options.
- Fast Funding: You may be able to get a pre-settlement loan of up to $100,000 within one day of submitting your application.
- No Credit Check: You can apply for lawsuit funding at any time, and doing so will have no impact on your credit.
- No Risk: You can use your funding however you want, and there is no need to pay it back unless you win or settle your case.
The legal funding provider you choose can make a world of difference. Select a pre-settlement loan company that puts its clients front and center. This business can offer multiple legal loan options and help you get the most value out of whichever one you choose.
Apply for a Lawsuit Loan
High Rise Financial has plenty of experience with legal funding in Casper. Our team can help you complete your lawsuit loan application. To find out more, contact us today.