If you get hurt due to no fault of your own, you must take legal action against the liable party. A lawyer can help you get fair compensation for your losses. In addition, they can teach you about Alabama lawsuit loans, which you can use to pay your bills until your case is resolved.
Silver Dollar Financial offers lawsuit loans for plaintiffs in personal injury cases. With us, you can receive a legal loan of $1,000 to $100,000 in as little as 24 hours. We can teach you about our pre-settlement funding options. Contact us to learn more.
Why You Should Consider a Lawsuit Loan
Lawsuit loans in Alabama give you access to money you can utilize during your personal injury case proceedings. You have the freedom to use your funding however you decide. This money can help you stay afloat financially while you pursue your case to the fullest extent.
Unlike a loan from a bank or credit union, legal funding is risk-free. Paying back your legal loan is contingent on the outcome of your personal injury case. If you do not recover money, you are not required to repay your pre-settlement loan.
Silver Dollar Financial takes the guesswork out of legal loans in Alabama. Our team can answer any questions you have about our pre-settlement loans, how they work, and their benefits. Get in touch with us today.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Alabama Lawsuit Loan Options You Need to Check Out
Many Alabama legal loans are available. A pre-settlement funding company can provide you with insights into its loan options and the interest rates associated with them. Legal loan options for your personal injury case may include:
- Alabama Car Accident Lawsuit Loans: You get into an auto accident and are unsure of how you will pay to fix or replace your damaged vehicle. Get an auto collision legal loan, as this can cover your car repair or replacement costs and other accident-related losses.
- Alabama Bicycle Accident Lawsuit Loans: You ride your bike safely, but a motorist slams into you. File a lawsuit against the liable driver and apply for a bike crash loan that you can use for your medical bills and other accident costs.
- Alabama Bus Accident Lawsuit Loans: Do not let a bus driver off the hook if they cause an accident in which you are injured. Submit a claim for compensation and evaluate legal loan options for bus accidents.
- Alabama Lyft Accident Lawsuit Loans: Lyft can be liable if you are involved in an accident with one of its drivers. Notify the rideshare company about your accident, and after you do, seek a legal loan that allows you to borrow against your projected case settlement.
- Alabama Uber Accident Lawsuit Loans: If Uber is at fault for your rideshare accident, now is the time to start the legal process. An attorney can represent you in your case against Uber and help you obtain a legal loan as your legal proceedings move forward.
You have a limited amount of time to submit a personal injury claim in Alabama. Per Code of Alabama Section 6-2-38, the statute of limitations is two years. File your compensation request promptly. Afterward, you and your lawyer can work together to apply for a legal loan.
What the Lawsuit Loan Application Process Entails
Before you can get your money now, you should hire a lawyer as your legal representation. Your attorney will handle your legal matters. Plus, they will keep your legal loan company updated about your personal injury case.
You can apply for a legal loan online or over the phone. The entire application process may take just a few minutes of your time. Once you are finished, submit your application, and a legal loan company will review it and determine your eligibility for funding.
With legal loans in Alabama, you do not have to complete a credit check or share your income history. A lawsuit loan company looks at your case and how much money you could get from a liable party. The business uses this information to prepare a personalized quote.
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What It Costs to Receive a Legal Loan
It is free to apply for a legal loan. You have the flexibility to submit your legal loan request whenever it is convenient for you. A legal loan company will respond as soon as the next day to let you know how much money you can receive.
There are no fees if you accept a legal loan quote. On top of that, you do not have to make monthly payments on your loan. You and your attorney can focus on your case and look for ways to achieve the optimal result. Meanwhile, your loan can give you peace of mind that you can pay your rent and other bills on time without breaking your budget.
Ideally, your case is settled quickly. If you accept a settlement offer or receive damages in your lawsuit, you must repay your legal loan. At this point, your lawyer will pay back your legal funding.
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The Process of Repaying a Lawsuit Loan
If your case is successful, you will be compensated for your losses. Your lawyer can take out what you owe for a lawsuit loan from your award. They will pay your legal loan company to cover your outstanding balance. Finally, they give you the remainder of your settlement.
Lawsuit loan repayment is not required if you are not compensated. For example, you file an auto accident lawsuit and receive a legal loan. Unfortunately, the court rules in the defendant’s favor.
In this scenario, your lawyer notifies your loan company. Next, the business clears your loan balance, and you keep the money that was already given to you.
A pre-settlement loan company is upfront and transparent about the terms and conditions of its funding options. Share any concerns or questions you have about lawsuit loan repayment with a legal funding company. That way, you can make an informed decision on whether a pre-settlement loan is right for you.
Take Advantage of Pre-Settlement Funding
At Silver Dollar Financial, we understand it can take months or years to settle a personal injury case. With our Alabama pre-settlement funding, you can get money that serves you well throughout your case proceedings.
Tell us about your case, and we can explain what legal loan options we can offer you. Reach out to us to learn more.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding