If you are involved in an injury lawsuit, you know how stressful the whole ordeal can be. Not only do you have to constantly relive the trauma you endured as this case continues to go through the settlement and trial process, but even if you win, you may still have to wait a significant period of time to get the money you deserve. That is why in these situations, you need a trusted lending company on your side that is ready to offer you the financial help you require.
At Silver Dollar Financial, we are a lending company designed to meet the needs of those who are waiting on forestalled settlements in personal injury cases. Because our justice system moves slowly, it often leaves those already in a strained financial situation because of their injuries even worse off. Thankfully, at Silver Dollar Financial, we get these clients the funds they need now so that they do not have to stress about money as they wait for their case to get resolved.
What Is a Lawsuit Loan?
Typically, lawsuit loans are a cash advance on your injury lawsuit that you can receive immediately and will only need to repay if you win your case. These loans are incredibly helpful for those individuals who have been harmed in an accident and are forced to miss work for long periods of time, especially since their lost wages can often create extreme financial hardships for them and their families.
Sadly, our legal system often takes much longer to resolve legal issues than is usually anticipated, and consequently, even with the most straightforward cases, it can take years before individuals receive any money. Unfortunately, this is also a common tactic that the insurance company will use to drag out the legal process so that victims will get desperate for funds and accept less money than they deserve.
However, when you work with a lending company, you can get an advance on your case and get immediate cash to pay your bills and provide you the funds you require. This can also allow your attorney to get the extra time they need to fight for maximum damages.
Funding Is Available for Different Types of Cases
In Florida, if you require a cash advance or a pre-settlement loan, you can often get it for most types of personal injury cases, including:
- Motor vehicle claims
- Trucking accident claims
- Motorcycle crash claims
- Pedestrian accident claims
- Dog bite accident claims
- Slip and fall accident claims
- Tractor-trailer crash claims
- Drunk driving accident claims
- Medical malpractice injuries
In truth, most lawsuit loans are more concerned with the case’s viability than with the specific injuries that result, since the most critical aspect of the case is the eventual settlement’s potential value, as this will be used to pay back the loan. That is why, if you have been harmed in a Florida accident and have a lawsuit pending, it is in your best interest to reach out to Silver Dollar Financial as soon as possible to determine if you qualify for a loan.
Regulations Involved with a Florida Lawsuit Loan
There are often various regulations that apply to lawsuit loans. For instance, to get loan funding in Florida, you must have suffered injuries due to an accident, filed a workplace accident claim, and either have a pending case in Florida or reside there. Additionally, you cannot apply for lawsuit funding in Florida if you had previously applied for financing for the same case elsewhere.
You also have to keep in mind the time limitations when it comes to these injury lawsuits and lawsuit loans. For instance, the statute of limitations is a law that dictates the maximum amount of time an individual has to file a lawsuit following an alleged offense.
In Florida, this statute of limitations is four years from the date of the accident. If you do not file your case within this allotted time, you may lose out on your ability to pursue compensation for your losses and the damages you endured.
Qualifying for Florida Lawsuit Funding
Generally, to apply for a lawsuit loan in Florida, all you need to do is fill out an application with your name, phone number, contact information for your attorney, and your case type. From there, the lending company will work with your lawyer to collect the rest of the required documentation, determine the strength of your case and figure out if your case qualifies for a lawsuit settlement loan.
If you are approved, you will promptly be able to receive up to $100,000 into your bank account.
Work with a Lending Company to Get the Funds You Need
If you suffered injuries in an accident in Florida, you should consider applying for a lawsuit loan from a reliable lending company. This funding can allow you to continue to carry on with your life as your attorney takes on your challenging legal battle and pursues the justice and compensation you deserve.
Best of all, applying for these lawsuit loans is easy, and there is no risk to you. In fact, in no time at all, you can have the money you need to knock out medical bills, property repairs, or even use this cash to pay for your everyday expenses like your mortgage, tuition, groceries, and rehabilitative therapy that may be necessary after your accident. Regardless, the point is, when you work with a lending company such as Silver Dollar Financial, you can get this money quickly and ease the financial pressures you are facing during this legal process.
Get Help from Silver Dollar Financial Today
If you or looking to learn more about Florida lawsuit loans, do not wait any longer. Contact Silver Dollar Financial for further information or apply today and start getting the money you need.