When filing a lawsuit, it is crucial to ensure you have the funds to take care of yourself and your family. Following a personal injury, your expenses may accrue significantly, leaving you with little funding for a lengthy court case. Unfortunately, many people do not file their lawsuits because of these difficulties.
Fortunately, you do have options to fund your everyday expenses without sacrificing your lawsuit. At Silver Dollar Financial, we provide pre-settlement funding and lawsuit loans for those who need financial support to pursue compensation for their injuries. If you are struggling to maintain your basic living expenses during this time, do not hesitate to reach out for help and discover the various types of funding we offer.
Benefits of El Paso Pre-Settlement Funding
When seeking compensation through a lawsuit, you may learn firsthand that pre-settlement funding can be expensive. Without pre-settlement funding, you may struggle to get compensated fairly and navigate the many expenses that accrue. Unfortunately, that makes filing a claim much more difficult.
In one study published by the Federal Judicial Center, studies of multiple cases found that higher stakes and longer processing times were associated with higher costs for plaintiffs. They found a 1% increase in stakes led to a 0.25% increase in costs, which can be significant depending on the specifics of your case. Cases terminated by trial had around 53% higher costs as well, which is a substantial amount when you need funding.
Worse, companies are willing to invest significant money in handling litigation claims. A report from the 2010 Conference on Civil Litigation at Duke Law School found that companies spent approximately $4.1 billion in 2008, a figure that has likely only climbed. That makes it difficult for those who do not have significant funding to carry on through the expensive legal process.
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Your Case May Be Qualified for El Paso Pre-Settlement Funding
As you pursue a settlement, you may be concerned that you are not eligible for pre-settlement funding. You may be worried that your claim is too low in value, or you may be concerned that your type of claim may not be covered. Below is just a sample of the many types of lawsuits we offer pre-settlement funding options for:
- Personal injury claims
- Car accident lawsuits
- Medical malpractice claims
- Bus accident lawsuit loans
- Slip-and-fall injuries
- Wrongful death claims
If you have suffered a personal injury, among other types of lawsuits, you may have grounds to pursue pre-settlement funding. Even if you do not believe you need a significant amount, our team is happy to speak with your attorney and determine how much your compensation may be worth. This step can help us review your case and determine whether or not you are eligible.
We Keep the Application Process for El Paso Pre-Settlement Funding Simple
As you pursue your lawsuit, you may be concerned that getting a lawsuit loan may be much more complex. But we work hard to keep this process as simple as possible, so we keep the application process to just a few simple steps. Below are the application process steps you can expect when you contact us about pre-settlement funding in El Paso injury victims.
Apply for Funding
If you and your attorney are considering pre-settlement funding, the first step is to apply for these services. We offer a simple application form so you can share only the most important details about your case before we fully evaluate your claim. Once we have received the basics of your case, we can provide notice on whether we plan to move forward.
Our Team Reviews Your Case
Once we have the details of your case, we can then evaluate it more fully. During this time, we use our tools to determine how likely your claim is to succeed and at what amount of compensation. This process could help us gauge what type of offer we can provide to those who reach out.
We Talk with Your Lawyer
Part of the evaluation and application process is a conversation with your attorney. Your lawyer can provide specific insight into the details of your claim, which can give us a better sense of how likely your claim is to succeed. This provides needed context and resources that we will use to make the final decision on your case.
You Receive Approval or Denial Notice
At Silver Dollar Financial, we strive to keep the time between application and notice of approval or denial as quick as possible. We know how important this financial aid can be for you, which is why we also provide coverage as soon as possible. If you are approved for compensation, you may be able to receive funding that day.
Unfortunately, you may receive a denial instead. This can happen for various reasons, which we would be happy to discuss with you. This speedy process can also help those denied coverage, as it gives them more time to pursue alternatives to pre-settlement funding.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
What Non-Recourse Loans Mean for You
As you pursue compensation, you may be concerned about what happens if your claim is a loss. Your attorney may be working on a contingency fee basis, meaning they only receive compensation if you win, but you may be worried about taking out a loan for a lawsuit that has not yet been won. Fortunately, our pre-settlement funding in El Paso injury victims is non-recourse loans.
That means that if something goes wrong and your claim fails, you are not saddled with the expense of a lawsuit. That prevents those who have been injured and then lost their lawsuit from facing more debt than ever following a claim loss. If you are working hard to protect your financial future, we are here to help.
If your claim is a success, we also make it as easy as possible to repay your loan. While there is no standardized fee, we strive to keep our interest rates and fees as affordable as possible. Part of leveling the playing field for all of those who file a lawsuit is ensuring they can afford the services after their claim has been settled.
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Pre-Settlement Funding Is a Powerful Tool for Injury Victims
When you have suffered through a devastating accident or injury, recovering from your accident may require a lawsuit. Unfortunately, you may not have the tools to navigate this case while financially supporting yourself and your family. For many people, this spells the end of their accident claim.
At Silver Dollar Financial, we strive to make it possible for injury victims and others filing a lawsuit to support themselves and their families during their time in court. We work hard to level the playing field so that everyone has a chance to be compensated fairly. To learn more about your options for pre-settlement funding in El Paso, reach out to our team by calling or filling out our online contact form.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding