Lawsuit loans in Brooklyn, NY, are an immediate solution when you are dealing with a lawsuit or legal battle of any kind. Pre-settlement legal funding is a great way to avoid the financial hassles that often arise along the way. Lawsuit loans act as a financial buffer for plaintiffs and their attorneys.
Our Brooklyn lawsuit loans from High Rise Financial could be the answer to your money troubles. You can use these funds however you need to, and you do not need to continue to struggle financially as you demand justice.
New York legal funding is the way to go. Our loan specialists at High Rise Financial can help you find out whether you qualify. Contact our team today or fill out our online application now to find out how much you could be authorized in legal funding.
How do Settlement Loans in Brooklyn, NY, Work?
The first step in getting settlement funding is filing a personal injury lawsuit. It is essential to have a legal representative to help victims navigate through the legal funding process. Regardless of which pre-settlement loan provider you go for, the lawsuit funding firm evaluates the case to determine the amount they could offer you.
Once approved, you get the settlement loan straight to your account or via FedEx. The best part about pre-settlement loans is that they are non-recourse loans. Thus, you are not obligated to repay the lawsuit loan if the case is not won. There is also no monthly payment arrangement, meaning you only pay once the case settles, directly from your settlement award.
To apply for free, call (877) 735-0016
Qualify for a Lawsuit Funding Today
Are you interested in applying for pre-settlement legal funding? Settlement loans do not have many requirements. The following are factors that affect your lawsuit funding qualifications:
- Whether you have an ongoing personal injury lawsuit
- If you have a legal representative
- The strength of your case
- The statute of limitations
Your ability to qualify for legal funding is based on whether you are working with an attorney and how much you are expected to recover if your case is successful. We can only provide lawsuit loans to those with legal advocates, as they work on contingency. We will need to verify the information on your lawsuit loan application with your lawyer before we can authorize any pre-settlement funds.
Brooklyn Pre-Settlement Funding Lawyer Near Me (877) 735-0016
Why Apply for Settlement Loans
Is a pre-settlement loan the right option for you? There are several good reasons to apply for a settlement loan. Consider the following:
Settlement Funding Gives You More Time
Insurance companies often drag out the claims process and then give you a lowball offer to settle. Many victims just accept it because they need the money. However, with pre-settlement funding, you have the money to give your attorney more time to create a solid case.
No Credit Check for Lawsuit Loans in Brooklyn
Many plaintiffs’ biggest worry is their credit score. Unlike traditional loans, settlement loans are not based on collateral and credit scores. In fact, the credit score is never a part of the settlement funding application process.
Your settlement loan is solely based on your case. Therefore, the stronger the case is, the more likely you will qualify for lawsuit loans. You can find out more when you discuss your case with your attorney or our loan specialists at High Rise Financial.
You do Not Need to Meet Income Requirements
Another benefit of lawsuit loans is the lack of income requirements. When applying for a personal loan, home equity loan, or line of credit, you need to meet specific income requirements to show the financial institution that you can pay back the loan. However, High Rise Financial lawsuit loans are non-recourse.
Repayment of these loans is contingent upon winning your case. It is not contingent upon you having a source of income. We understand that during this challenging time in your life, you may be temporarily out of work and unable to earn a living, so we do not require proof of income as part of our application process.
You Can Spend Your Legal Funding However You Need to
When you receive financial support from other financial institutions, your spending may be restricted or monitored. However, this is not the case when you get a lawsuit loan from High Rise Financial. We do not monitor or limit how you can spend your money.
Many lawsuit loan recipients use their funds to cover necessary household costs. Some will need to cover outstanding medical expenses, get caught up on credit card debt, and cover rent or mortgage payments. Others will need to purchase groceries or clothing, cover tuition payments, and use their funds to stay afloat during this challenging time.
We do not believe you should have to put in a payment request or get permission to spend your money. Remember, you are taking out a cash advance against your anticipated payout, so the money is already yours. Upon approval, your pre-settlement funding could reach your bank account in less than 24 hours.
Complete a Free Application form now
You do Not Need to Worry About Repayment If Your Lawyer Loses
One of the biggest concerns lawsuit loan recipients have is how they will repay their pre-settlement funding if they do not win in court. If you took out a personal loan, you may wind up in further financial distress if your lawyer loses. However, this is not the case when you get lawsuit loans from High Rise Financial.
Our legal funding is always non-recourse. It can only be paid back with your settlement or award. You will never be expected to pay even a penny of your lawsuit loan money back if your lawyer does not win your case.
You will not need to repay your loan until your settlement funds come in. With bank loans, repayment typically starts within 30 days of fund dispersal. Fortunately, this is not something you will need to be concerned about if you can get approved for a Brooklyn lawsuit loan.
Reputable Settlement Funding Provider in Brooklyn, NY
High Rise Financial is a long-standing settlement loan provider based in Los Angeles. But we offer pre-settlement funding services throughout the U.S. With so many settlement loans available for you, it is critical that you get to know the firm where you will apply for settlement loans.
Here at High Rise Financial, we do not have hidden fees. The streamlined application process allows you to get your resettlement funding within 24 hours. Settlement loans are for everyone.
If you think you have a solid case and you need funding now, you know who to call. Visit the site today and apply online for a settlement loan. Or contact our loan specialists with any questions or concerns you might have.
Call or text (877) 735-0016 or fill out our form to apply today for free.