If you suffer an injury in Brookhaven, GA due to someone else’s negligence, file a personal injury lawsuit. Then, you can pursue compensation that can be used to cover the costs of treating your injury. Along with this, you can request a lawsuit loan that helps you pursue your litigation to the fullest extent.
At Silver Dollar Financial, we offer a wide range of Brookhaven pre-settlement funding options. Our team can go over your lawsuit loan options with you and help you get funding that lines up with your expectations. For more information, please reach out to us.
How a Brookhaven Pre-Settlement Loan Works
In Georgia, there is a two-year statute of limitations for personal injury claims. This means you have up to two years to submit a request for compensation from anyone responsible for your injury. It also means that you have up to two years to get a lawsuit loan.
If you choose not to file a personal injury lawsuit, you cannot get a lawsuit loan. You can secure legal funding contingent on your projected case result. In instances where a plaintiff does not receive a settlement, they are not responsible for repaying their lawsuit funding.
Silver Dollar Financial understands the complexities of loans. We can discuss lawsuit funding and explain why it often represents a superior option over personal loans. To find out more, please get in touch with us.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Brookhaven Lawsuit Funding Stacks Up Against a Personal Loan
With a personal loan, you ask for money from a bank or credit union. To get the money you want, your lender reviews your credit and income histories and other pertinent financial information. It also requires you to complete a lengthy application process.
If you are approved for a personal loan, you will have to pay it back, regardless of what happens in your personal injury lawsuit. Your lender offers an interest rate that may compound over the life of your loan. For those who cannot make payments on their loan, they may be hit with penalties.
A lawsuit loan gives you more flexibility in comparison to a personal loan. You only have to provide details about your personal injury lawsuit to your pre-settlement funding company. Once you get your loan, you do not have to pay it back unless you win or settle your case.
Types of Brookhaven Lawsuit Loans
There is no such thing as a one-size-fits-all lawsuit funding option. You can explore many types of legal funding and choose one that aligns with your best interests. Some of the most popular lawsuit loan options include:
If a bus crashes into your car, you can sue the at-fault bus driver, their employer, or both. Or, if you get hurt in a collision that happens while you are riding a bus, you may be able to seek compensation from any at-fault parties. In either of these scenarios, you can request a bus accident loan while your case is underway.
A negligent motorist can slam their car into your vehicle. The cost of your car accident can be significant. While you await compensation from the at-fault driver, you can receive a car accident loan that provides temporary financial relief.
If you buy a product, you expect it to work properly. There can be times when a product is not manufactured or designed the right way and causes you to suffer an injury. If you get hurt due to a faulty product, you can file a personal injury claim and request a product liability loan.
The best Brookhaven lawsuit loan company learns about your case. Next, this company can provide you with legal funding options. The business can also explain the process of applying for and receiving a pre-settlement loan.
What You Need to Do to Request a Lawsuit Loan in Brookhaven
If you want to apply for legal funding, you can do so online or over the phone. In many instances, the loan application process takes only minutes to complete. The process involves the following steps:
- Fill out your application. Share information about yourself, your lawsuit, and your projected settlement amount with a loan company.
- Get approved. Within 24 hours of submitting your application, you will find out how much money that you can get.
- Receive your money. Once you sign your pre-settlement loan agreement, your lender will send your money to you.
You do not have to pay anything to submit a lawsuit funding application. A lawsuit loan company is upfront and honest about all that its funding options entail, too. The business can answer any questions that you have about lawsuit loans — and make sure that you know how your funding gets repaid.
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What It Takes to Pay Back a Brookhaven Lawsuit Loan
If your personal injury lawsuit is successful, the defendant will pay you a settlement. At this time, your lawyer will get your settlement check and may deduct any legal fees that you owe them from this amount. If you receive a lawsuit loan, your attorney also takes your loan amount from your settlement.
After your case is closed, your attorney sends a check to your lawsuit loan company, which covers your full loan balance. As soon as the company gets and cashes the check, your loan is paid in full. Meanwhile, you keep the remainder of your settlement balance and can use it in any way that you want.
Of course, if you do not get a settlement, you are under no obligation to repay your lawsuit funding. In this scenario, your lawyer notifies your lawsuit loan company about the result of your case. The legal funding company then clears your loan balance, and you keep all of the money that was already given to you.
Check Out the Brookhaven Legal Funding Options Offered by Silver Dollar Financial
Silver Dollar Financial can review your case and provide you with personalized lawsuit funding options. Our team can explain the ins and outs of pre-settlement loans and help you make an informed decision about whether to apply for one. To get started, please contact us today.