Georgia Personal Injury Finance Funding
If someone caused your injury, you should not have to pay for the damages. However, personal injury cases often leave victims waiting for the compensation they deserve. If you’re unable to pay your bills, Georgia personal injury finance funding can help.
At Silver Dollar Financial, we provide the money you need today. Cash now helps you pay your bills while you wait for your settlement. We make the process easy in three simple steps. Click Apply Now above or call (844) 871-0628 to get started.
Types of Personal Injury Finance Funding
Georgia is a fault state, which means the at-fault party is responsible. If you did not cause your injury, you have rights. As you and your lawyer fight for compensation, funding can help.
Personal injury finance funding can provide for you in a few ways.
Personal injury claims rarely go smoothly, for several reasons:
- In Georgia, the statute of limitations for a personal injury two years (Georgia Code Section 9-3-33). That means you can take up to two years to file your claim, but if you miss this deadline, the court could throw out your case.
- The at-fault party’s insurer will look for ways to pay you less. They might use tactics to delay the process.
- Your lawyer and the insurer will negotiate. Insurance companies usually lowball your settlement. You’ll need to negotiate for a fair offer, which takes time.
- The insurer or defense attorney might try to wait you out. They know you will become more desperate as time goes on. They’re hoping you’ll accept less so you can pay your bills sooner.
Pre-settlement loans help solve all of the above. Essentially, they allow you to borrow from yourself. A lender pays you your settlement while you wait for your case resolution.
With a pre-settlement loan, you can pay for your costs now. When you get your compensation, it covers the loan amount. If your settlement is more than your loan amount, you keep the rest!
You might worry about how your case ends. What if you aren’t able to pay the loan after all? At Silver Dollar Financial, we take away the stress. If you end up not winning your case, you don’t have to pay the loan back.
Medical costs are usually the most significant part of personal injury damages. Even with health insurance, your medical costs might pile up quickly. Medical funding helps cover the expenses as they come.
Medical funding is similar to a pre-settlement loan. Let’s look at the difference:
- Medical financing is specifically for medical costs. The funds go directly to your hospital bills.
- With a pre-settlement loan, the money goes into your pocket. You can use it as you wish.
Medical funding might be a good option if your medical costs are the most significant source of stress. Plus, you simply pay the funding back when you get your settlement. Your settlement will probably be higher than your medical costs alone. That means you get to keep the difference.
Like with pre-settlement funding, you don’t pay the loan back unless you win your case. Medical financing is risk-free through Silver Dollar Financial.
Structured Settlement Funding
Sometimes, your settlement agreement is less than ideal. Maybe you already settled your case, but you’re getting paid in a structured settlement.
Structured settlements come in smaller periodic payments. Instead of a lump sum, you get payments over months or years. Unfortunately, structured settlements can make it hard to pay your costs on time.
Structured settlement funding provides the money you need now. Then, you don’t have to pay it back until you get your structured payments. You can pay for your costs without having to stress and wait.
Common Personal Injury Damages in Georgia
Georgia personal injury cases depend on negligence. Negligence is a lack of care that “ordinarily prudent persons” would have in a similar situation (Georgia Code Section 51-1-2). When someone’s negligence causes an injury, that person is responsible for the damages.
As an injured person, you can seek money to cover your damages. Here are the most common personal injury losses.
After an injury, you will need medical treatment. Some injuries have severe consequences. You might need painful and costly procedures. Medications and specialist visits can also be expensive.
Examples of medical damages include:
- Doctor bills
- Hospital bills
- Prescription medications
- Physical therapy
Serious injuries might require ongoing treatment. Your lawyer will help determine the full value of your medical costs. That includes current and future expenses.
Even if you win your case, you will have immediate medical needs. Personal injury finance funding can help cover these costs while you wait on your case.
If you were working before your injury, you’ll have to miss work. Lost wages describe missed work time. Your settlement should account for the lost income you suffered because of the accident.
The at-fault party is also responsible for the future wages you miss. For example, an injury might prevent you from returning to the same job.
If your injuries happened during a car accident, you can claim vehicle repairs. If your vehicle was totaled, you can seek compensation for a replacement.
Property damage can also refer to damaged personal property. Your lawyer can help you calculate your property damage costs.
Pain and Suffering
Pain and suffering are general damages. General costs do not require proof (Georgia Code Section 51-12-2). These losses refer to damages like:
- Physical pain and suffering
- Mental anguish
- Lost enjoyment of life
- Loss of companionship
- Disfigurement or scarring
Pain and suffering damages are difficult to calculate. Your lawyer can help you determine how they fit into your settlement.
Apply for the Georgia Personal Injury Financial Funding You Need Today
It can feel the end of a personal injury case is nowhere in sight. Personal injury finance funding can help cover your injury costs now. Silver Dollar Financial provides up to $100,000 for you to use as needed.
The loan process is no-stress because there is no risk. If you don’t win your case, you don’t have to pay it back. Plus, we have a simple, three-step process to get approved.
To know if you qualify for injury finance funding, click Apply Now above or call (844) 871-0628.