Going through any type of legal issue can be emotionally taxing. However, your physical injuries, financial distress, and the impact of the legal matter in question can make it difficult or impossible for you to live your life normally. What if we told you our loan specialists at Silver Dollar Financial could offer you the financial support you need when you need it most?
Our team offers Illinois pre-settlement funding to those who feel the weight of the world on their shoulders. We fund many types of cases and may be able to offer your family a financial lifeline while you continue to navigate the complexity of your civil lawsuit. Apply now or contact our office with any questions or concerns you might have about how pre-settlement funding works, whether you qualify, and how much you could be awarded if we approve your application.
Lawsuit Loans Offer Support and Relief
If you are currently in the middle of any kind of civil lawsuit or legal matter where you are seeking compensation for damages, the trauma of the incident will likely have a significant impact on your life. One of the most common ways people are affected financially. When you need to take time off work or are otherwise unable to earn a living due to the legal issues you are dealing with, it can be impossible for you to continue providing for yourself and your family.
Fortunately, pre-settlement legal funding gives you an opportunity to tap into your anticipated payout in advance. When you have access to a lawsuit loan, you can cover your expenses now without putting your personal finances in jeopardy. This is a great opportunity for you to avoid the predatory nature of personal bank and payday loans.
Our Pre-Settlement Funding in Illinois Is Non-Recourse
Traditional bank loans may cover your expenses now but ultimately wind up being predatory. Prior to approval, you need exceptional credit, or you will typically be faced with high interest rates and be required to start paying back the loan within a month of the funds being sent to your bank account. The bank is going to be relying on your source of income to ensure you pay back your personal loan, home equity loan, or payday loan.
However, our lawsuit loans in Illinois are non-recourse. We never charge compound interest, so you always know exactly what you will be paying back. We do not run a credit check, and repaying the loan is contingent upon your attorney winning your case.
This means you only have to pay back your lawsuit loan money if your lawyer wins. If your attorney does not win in court or with the insurance company, you will not need to worry about paying back your pre-settlement legal funds. If you had gone with a bank loan, you would need to pay back your loan with interest and need to deal with the fallout of losing your legal battle.
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Common Types of Illinois Legal Funding Available
Silver Dollar Financial offers pre-settlement legal funding in Illinois for nearly any type of civil matter. As long as you are pursuing a claim where you are expecting a settlement, you may qualify for legal funding. Some examples of the types of cases we provide settlement loans for include:
- Slip and fall accidents
- Whistleblower claims
- Product liability cases
- Employment law violations
- Work injuries
- Bus accidents
- Workers compensation benefits
- Car accidents
- Construction accidents
- Motorcycle accidents
- Pedestrian accidents
- Wrongful death claims
- Commercial truck accidents
- Transvaginal mesh lawsuits
- Qui tam lawsuits
- Labor law complaints
- Talcum powder lawsuits
- Personal injury claims
These are only a few examples of cases we fund. If you are currently dealing with any other type of legal dispute where you could be awarded a sizable settlement, do not hesitate to contact our loan specialists at Silver Dollar Financial. Our team can analyze the details of your case and determine whether you are eligible for an Illinois pre-settlement loan.
How to Qualify for a Pre-Settlement Loan
Qualifying for legal funding does not need to be intimidating. We do not make you jump through hoops to get approved for the financial support you need. Our requirements for lawsuit loan approval include:
- Being at least 18 years of age
- Working with a civil lawyer
- Expecting a payout on your claim if you win
Our loan specialists will need to verify the information included on your lawsuit loan application with your attorney before we can determine whether we can authorize legal funding. We do not consider creditworthiness as part of our application process, nor do we require our lawsuit loan recipients to have a source of income. We understand that you may not have the means to pay back the loan unless your attorney wins your case, which is why we only offer non-recourse pre-settlement loans that need to be paid back if your case is successful.
Spend Your Legal Funds as You See Fit
At Silver Dollar Financial, we do not believe there should be any restrictions on how you spend your money. This is not alone that will be monitored or have limits on what you can spend your money on. We are helping you access a portion of your expected trial settlement, so the money is yours to spend however you need to or deem necessary.
We Can Authorize Pre-Settlement Loans to Meet Your Needs
Many law salon applicants wonder how much they could be authorized in pre-settlement legal funding. The answer will vary widely depending on how much your anticipated payout is and how much you are requesting in lawsuit loan money. However, in many instances, our lenders have been able to offer up to 20% of whatever our applicants are expecting to be awarded.
Contact Silver Dollar Financial Loan Specialists for Pre-Settlement Funding in Illinois Today
You do not need to continue to struggle to cover your daily living expenses while you wait for your attorney to resolve your legal claim. Silver Dollar Financial gives you an opportunity to access a portion of your settlement in advance so you can escape financial ruin. Do not let this opportunity pass you by.
Pre-settlement legal funding could be the answer you have been looking for. Find out whether you qualify today. Fill out our quick contact form, call our office, or apply now to take back control of your finances and future.