A personal injury claim can take a long time to resolve, leaving injured people with mounting medical bills and lost wages as they recover from their injuries. While your attorney negotiates the settlement you deserve, your income can shrink and your expenses can rise. This puts pressure on injured people to settle with the opposing party for less than the true value of the damage that was done to them. Fortunately, a solution exists: medical funding.
Silver Dollar Financial can provide Atlanta clients with medical funding to cover the costs of their healthcare services. This is a form of pre-settlement funding, and it can help relieve financial pressure so that the opposing party no longer has the upper hand in negotiations. With Silver Dollar Financial, the funding application process is simple and fast, giving you the answers you need sooner rather than later.
Medical Funding as a Form of Pre-Settlement Funding
Pre-settlement funding is the term given to the practice of lending money to people in need while their case resolves. Medical funding, a subset of that practice, is designed specifically to cover the healthcare costs associated with the person’s injuries. Then, when the two parties in the case reach a settlement or the jury in a trial arrives at a decision, the medical funding is paid back out of the settlement amount.
Why I Need Medical Funding
Personal injury claims must be filed within two years of the initial injury, according to the Official Code of Georgia Annotated §9-3-33. However, that does not mean your case will be resolved within two years. After all the paperwork is filed, you will still have a wait time as both your attorney and the opposing attorney collect evidence, followed by lengthy negotiations to arrive at a suitable settlement agreement, and the possibility of an even lengthier trial if the two sides cannot agree.
Healthcare costs, meanwhile, rarely wait. Depending on the intensity of your injury, you may require expensive surgery, testing procedures, continued therapy, and more, all while your income is frozen due to your inability to work.
Atlanta medical funding from Silver Dollar Financial can help ease your burden and provide stability in your time of need.
Pre-Settlement Funding Is Low-Risk
Some injured people may worry slightly about the feasibility of getting a pre-settlement loan for medical funding. However, there are a few aspects of this practice that make it low-risk to you.
- You borrow from your future self, paying the loan back out of your settlement.
- Your credit score is not part of our decision to finance your medical costs.
- If you don’t recover compensation, you don’t have to pay us back!
Additionally, Silver Dollar Financial uses an attorney portal to help your lawyer connect with us, understand the process, and provide us with relevant information about your case. This way, you can make your decision with the support and blessing of your attorney.
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Get Funds Immediately
Pre-settlement funding is not just for medical expenses. Silver Dollar Financial can provide you with a loan of up to $100,000 to cover a range of costs related to the damages you suffered as a result of your injury. These damages can include items like:
- Lost or reduced wages
- Property repair
- Medical equipment
- The value of your physical pain
- Mental suffering
While your case languishes in a seemingly never-ending negotiation process, these damages can start to pile up. That’s why Silver Dollar Financial does everything in our power to speed up your medical funding process.
You can be approved for a pre-settlement loan in as little as 24 hours, with money posted to your bank account immediately.
How to Apply for Atlanta Medical Funding
Whether you need funding for your medical expenses, general pre-settlement funding, or even funds to take control of a structured settlement, the process remains simple and speedy. All you need to do is fill out the form on our Apply Now page with information about your financial need and your personal injury claim. Once we receive that information, our experts will assess your situation and may approve your funding within as little as 24 hours. The money will be posted to your bank account for you to spend as needed.
Remember: you don’t have to pay us back if you don’t make a recovery. If your eventual recovery is worth more than the funding we provide, you keep whatever is left over after paying us back.
Take control of your financial situation, and regain the upper hand in settlement negotiations, by getting your Atlanta medical funding today. For more information, call Silver Dollar Financial at (844) 871-0628.