Georgia Structured Settlement Funding
Accidents happen in life. When someone else causes your injury, it can be frustrating waiting for a settlement. If you accept a structured settlement, it could be years before you see all of your money. Thankfully, Georgia structured settlement funding can help.
Silver Dollar Financial provides funds to those waiting on injury settlements. You can cover your costs now until everything settles. To get started, click Apply Now or call (844) 871-0628 today.
What a Structured Settlement Means
If someone else’s negligence injures you, you have rights. You can seek compensation for your damages (Georgia Code Section 51-12-4). Your costs might include:
- Medical bills
- Prescription medications
- Lost wages
- Property or vehicle damage
- Mental anguish
- Physical pain and suffering
Most personal injury settlements come as a lump sum. You and the at-fault party agree to a settlement amount. Then, you receive that full amount. However, with the Periodic Payment Settlement Act of 1982, structured settlements have become more common.
You get a structured settlement in installments. For example:
- Say that your settlement is $200,000.
- The at-fault party might pay you $20,000 per month over ten months.
- The amount and frequency of a structured settlement vary depending on your agreement.
Structured settlements are beneficial in certain situations, such as when the injured person is young. A young injury victim is more likely to spend a lump sum too soon. But structured settlements are rarely a good idea.
A lump sum settlement is usually best for an injury victim. Otherwise, you’re at the mercy of the at-fault party. They can take their time paying up, and you have less control. A lump sum amount provides all of the money you deserve at once.
If you find yourself stuck in a structured settlement, you have options. Structured settlement funding can help.
How Structured Settlement Funding Works
Structured settlement funding is a pre-settlement loan. At Silver Dollar Financial, we know that life can be unpredictable after an accident. You might need more money now — not months or years later.
A structured settlement loan pays you upfront for your settlement. Here’s how the process works:
- You apply to see if you qualify for a structured settlement loan. Click Apply Now above or call (844) 871-0628 to get started.
- Our financial experts look at your information and situation. We speak with your lawyer. If we need additional information, we’ll let you know.
- We contact you when you’re approved. Approval can take as little as 24 hours!
- You get up to $100,000 of your settlement to use now. You can pay your bills, living costs, or other expenses.
- You’ll pay back the loan straight from your structured payments. If you don’t end up winning your case, you don’t owe us anything.
Personal injury cases take time, even several years, to resolve. The insurance company or defense attorney might delay. They know that “waiting you out” encourages you to accept a lower settlement.
Then, a structured settlement takes more months or years to pay off. You end up feeling desperate for the money you deserve. Unfairly, the at-fault party ends up with the advantage.
Don’t wait to cover your immediate financial needs in Georgia. Structured settlement funding can provide what you need.
Annuities Under Structured Settlements
An “annuity issuer” pays your structured settlement (Georgia Code Section 51-12-70). An insurance company signs a contract to make periodic payments based on your structured settlement.
In Georgia, the at-fault party’s insurance company is responsible for your settlement. Unfortunately, insurance companies are not on your side. They will look for ways to pay you less. By the time you realize the downsides of a structured settlement, it might be too late.
The Problem With Structured Settlements
Injured individuals come to us for structured settlement funding for several reasons.
Structured Settlements Help the At-Fault Party
With a structured settlement, the at-fault party does pay your full compensation. However, the process is more comfortable for them. They can pay you in installments, which is more for their benefit than yours.
You and your family might feel like you are not receiving the justice you deserve. If you have severe injuries and other damages, periodic payments just aren’t enough.
You Have Less Control
Lump-sum settlements provide your money all at once. You can choose what to do with the payment. With a structured settlement, your options are more limited. You might have to deal with late fees on your bills or additional interest.
It’s a Waiting Game
Personal injury cases are not quick. In Georgia, you have two years from the accident date to file. Then, negotiations and trials can take months or years. Meanwhile, your economic situation suffers.
With a structured settlement, you’re waiting even longer. You might realize your monthly payments are not enough. This can leave you stressing about your medical costs, lost wages, and more.
Structured Settlement Funding Gives You Cash Now
Structured settlements don’t have to leave you lacking. Structured settlement funding can help while you wait for the rest of your money. Instead of waiting for smaller payments to come in, you can get your settlement all at once.
The word “loan” might seem scary to some people, but our structured settlement funding is risk-free. You don’t pay anything out of pocket. Plus, if you don’t win your case, you don’t have to pay us back.
Get the Structured Settlement Funding You Need Today
At Silver Dollar Financial, we aim to give injury victims their power back. We know how stressful it can be to wait for the compensation you deserve. That’s why we offer no-risk structured settlement funding.
Applying for funding is a simple three-step process. You click Apply Now and provide your information. We review your application and let you know whether you’re approved. Your credit score is not a factor in your approval.
In as little as 24 hours, you can get approved and get the money you need. You can get up to $100,000 for your settlement.
To get started today, click Apply Now above or call (844) 871-0628.