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High Rise Financial provides pre-settlement lawsuit loans to personal injury claimants awaiting case resolution, with no repayment required if the case is lost.
Data compiled from public sources
High Rise Financial LLC operates as a legal funding company specializing in pre-settlement loans for plaintiffs involved in personal injury litigation throughout Georgia. The company positions itself as an alternative financial resource for accident victims and claimants who face financial hardship while waiting for their lawsuits to settle or reach judgment.
The company offers non-recourse pre-settlement funding structured as advances against expected lawsuit settlements. According to their website, these are described as functioning more like gifts than traditional loans—if the plaintiff loses their case, they owe nothing; if they win or settle, repayment comes from settlement proceeds. High Rise Financial claims to handle cases including car accidents, pedestrian accidents, medical malpractice, slip-and-fall incidents, wrongful death claims, and product liability lawsuits.
High Rise Financial distinguishes itself by emphasizing speed (24-hour approval claims), transparency regarding fees, flexible funding products tailored to individual needs, and confidential applications requiring minimal personal information. The company operates with bilingual support (Spanish-language services available) and maintains multiple phone lines for applications.
However, prospective borrowers should recognize that lawsuit funding operates in a regulatory gray area with limited oversight. While the website describes these as non-recourse, the actual terms, interest rates, and fee structures are not disclosed on their public-facing content. The absence of transparent pricing information is a significant red flag. Additionally, this form of financing can incentivize prolonged litigation and may conflict with plaintiffs' best interests regarding settlement timing. Claimants should consult with their attorney before pursuing such funding.
When evaluating debt relief companies, consumers should compare settlement programs against alternatives like debt consolidation loans, which combine multiple debts into a single fixed-rate payment. Credit counseling through nonprofit agencies offers free budgeting help without impacting credit scores. For those whose credit has already been damaged, credit repair services can address inaccurate negative items on reports. Personal loans for bad credit may provide funds for debt payoff at lower rates than credit cards, and credit monitoring services help track progress throughout the recovery process. Consolidating high-interest balances into a single installment loan with a fixed rate can reduce total interest paid and simplify monthly budgeting.
While repairing your credit, a secured card builds positive payment history from day one. Several options require no credit check.
This is state-level context for Get Out of Debt consumers in Orlando, FL. It does not confirm that High Rise Financial LLC or this specific location is licensed.
State regulator
Florida Office of Financial Regulation
Consumer protection
Relevant law: Florida Credit Services Organization Act (Fla. Stat. §§ 817.7001-817.706)
Registration: Required with Florida Department of State, Division of Corporations
Upfront fees: Listed as prohibited in the current CreditDoc state summary
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
High Rise Financial LLC offers 12 services including Pre-settlement lawsuit loans for personal injury cases, Car accident lawsuit funding, Medical malpractice claim funding, Slip and fall lawsuit advances, Pedestrian and bicycle accident funding, and 7 more.
High Rise Financial LLC is best suited for Personal injury plaintiffs facing immediate financial hardship while awaiting settlement, Accident victims unable to work due to injuries and needing living expense assistance, Claimants with strong cases but expecting lengthy litigation timelines, Individuals seeking to avoid high-interest personal loans or credit card debt during litigation.
Key strengths: Non-recourse structure: no repayment obligation if lawsuit is lost; Fast approval claims of 24 hours or less; Serves multiple case types including personal injury, medical malpractice, and wrongful death claims. Areas to consider: No transparent pricing: interest rates, fees, and repayment percentages not disclosed on website; Operates in regulatory gray area with limited consumer protection oversight.
In the Get Out of Debt category, comparable providers include Debt Consolidation US, Debt Consolidation US, Holland Law Group, P.A.. Each company has different strengths — compare services, pricing, and consumer complaint records to find the best fit.
CreditDoc Diagnosis
High Rise Financial is best suited for personal injury plaintiffs experiencing genuine financial hardship while awaiting lawsuit resolution, particularly those with strong cases and no access to traditional credit. However, the critical caveat is that all terms—including fees, interest rates, and repayment percentages—must be obtained directly from the company and carefully reviewed with your attorney before commitment, as the website provides no transparent pricing information.
Debt Consolidation US offers free debt consolidation and credit card consolidation services in Miami, Florida, connecting consumers with debt professionals to reduce payments and avoid bankruptcy.
Best for: Miami and Florida residents with $10K-$100K+ in credit card debt seeking consolidation options, Consumers overwhelmed by multiple creditors who want free initial guidance before committing
Debt Consolidation US offers free debt consolidation and management services in Jacksonville, Florida, helping consumers reduce monthly payments and avoid bankruptcy through professional debt relief programs.
Best for: Consumers with $10K-$100K+ in credit card debt seeking consolidation options, Jacksonville, Florida residents overwhelmed by multiple creditors and high-interest payments
Florida consumer law firm providing attorney-led bankruptcy, debt defense, and foreclosure defense across the state. Free initial consultation available.
Best for: Florida residents facing Chapter 7 or Chapter 13 bankruptcy, Homeowners in foreclosure seeking legal defense or loan modification
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Read guide →New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
When you fail to repay a loan according to the agreed terms — usually after 90-180 days of missed payments. It's the point where the lender gives up on collecting normally.
Default triggers severe consequences: credit score drops 100+ points, the debt may be sent to collections, you could be sued, and your wages or assets could be seized.
Example
You miss 4 consecutive car payments. The lender declares your loan in default, repossesses your car, sells it at auction for $8,000, and you still owe the remaining $5,000 (called a deficiency balance).
A federal agency created in 2010 to protect consumers from unfair financial practices. They write rules, supervise financial companies, and handle consumer complaints.
The CFPB is your most powerful ally against predatory lenders. Filing a complaint with them gets a response from the company within 15 days — companies take CFPB complaints seriously.
Example
A debt collector calls your workplace after you told them to stop. You file a CFPB complaint online. Within 15 days, the collection agency responds and agrees to stop. The CFPB tracks complaint patterns across all companies.
A federal law that limits what debt collectors can do. They can't call before 8am or after 9pm, can't harass you, can't lie, and must stop contacting you if you request in writing.
Knowing your FDCPA rights stops abusive collection tactics. If a collector violates the law, you can sue for up to $1,000 per violation plus attorney fees.
Example
A collector calls your workplace 3 times after you told them not to. That's 3 FDCPA violations. You hire a consumer attorney (free — they get paid by the collector). The collector settles for $3,000.
A court order that requires your employer to withhold part of your paycheck and send it directly to a creditor. Usually happens after a creditor sues you and wins a judgment.
Federal law limits garnishment to 25% of disposable income. Some states have lower limits. Student loans and taxes can be garnished without a court order.
Example
You owe $8,000 on a defaulted credit card. The bank sues, gets a judgment, and garnishes your wages. On a $3,000/month net paycheck, they take $750/month until the debt is paid.
A time limit (typically 3-6 years, varies by state) after which a creditor can no longer sue you to collect a debt. The debt still exists, but they lose the legal power to force payment.
Knowing your state's statute of limitations prevents you from being tricked into paying debts that are legally uncollectable. Beware: making a payment can restart the clock.
Example
You have a $3,000 credit card debt from 2019. Your state has a 4-year statute of limitations. In 2024, a collector calls demanding payment. The statute has expired — they cannot sue you.
A type of bankruptcy where you keep your assets but follow a court-approved 3-5 year repayment plan to pay back some or all of your debts. Stays on credit for 7 years.
Chapter 13 is better than Chapter 7 if you have a home or assets you want to keep. It can stop foreclosure and let you catch up on mortgage payments over 3-5 years.
Example
You're 3 months behind on your mortgage and have $30,000 in credit card debt. Chapter 13 stops foreclosure and puts you on a 5-year plan: you pay $600/month to catch up on the mortgage and pay 40% of the credit card debt.
A type of bankruptcy that wipes out most unsecured debts (credit cards, medical bills) by liquidating non-exempt assets. It stays on your credit for 10 years.
Chapter 7 gives you a fresh start but at a steep cost: 10 years on your credit, difficulty getting loans, and you may lose assets. Income must be below your state's median to qualify.
Example
You have $45,000 in credit card debt and earn $35,000/year. Chapter 7 erases the debt. You keep exempt property (basic car, household items). Your score drops to ~500 but you're debt-free.
When a creditor declares your debt a loss after 180 days of nonpayment and removes it from their books. But you still owe the money — they just stop expecting to collect it themselves.
A charge-off is one of the most damaging entries on your credit report and stays for 7 years. The debt is usually sold to a collection agency who will pursue you for it.
Example
You stop paying your $4,000 credit card. After 180 days, the bank charges it off and sells the debt to a collector for $800. The collector now contacts you demanding the full $4,000 (they profit from what they collect above $800).
When an unpaid debt is transferred or sold to a third-party collection agency that specializes in recovering the money. Collection accounts appear on your credit report for 7 years.
Even a $50 collection account can drop your score 50-100 points. Some newer FICO models (FICO 9) ignore paid collections, but many lenders still use older models.
Example
An old $200 gym bill goes to collections. It appears on all 3 credit reports and drops your 720 score to 640. Paying it helps with newer scoring models but under FICO 8 (still widely used), a paid collection still hurts.
Combining multiple debts into one single loan with one monthly payment, ideally at a lower interest rate. It simplifies repayment and can reduce total interest.
Consolidation works best when you get a lower rate than your existing debts. But it doesn't reduce what you owe — and extending the term can mean paying more total interest.
Example
You have: $5,000 at 22% (credit card), $3,000 at 18% (store card), $2,000 at 25% (payday loan). A $10,000 consolidation loan at 11% saves you ~$2,100 in interest over 3 years.
Negotiating with creditors to accept less than the full amount you owe — typically 40-60 cents on the dollar. Usually done after you've already fallen behind on payments.
Settlement can save thousands, but it severely damages your credit (settled accounts show for 7 years) and the IRS may tax the forgiven amount as income.
Example
You owe $15,000 on a credit card and negotiate a settlement of $7,500 (50%). You save $7,500 but: your credit drops 100+ points, the account shows 'settled' for 7 years, and you may owe taxes on the $7,500 forgiven.
The percentage of your monthly gross income that goes toward paying debts. Lenders use it to judge whether you can afford another loan payment.
Most lenders want DTI below 36% for personal loans and below 43% for mortgages. Above that, you're considered overextended and likely to be denied.
Example
You earn $5,000/month gross. Your debts: $1,200 mortgage + $300 car + $200 student loans = $1,700/month. DTI = 34%. A new $400/month loan would push you to 42% — risky for lenders.
A court ruling that says you legally owe a specific amount to a creditor. It gives the creditor power to garnish wages, freeze bank accounts, or place liens on your property.
Judgments are enforceable for 10-20 years (varies by state) and can be renewed. They give creditors far more collection power than a simple unpaid debt.
Example
A credit card company sues you for $8,000 and wins a judgment. They can now garnish 25% of your paycheck ($750/month on a $3,000 net salary) and freeze your bank account.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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