You cannot change the fact that you suffered a personal injury due to someone else’s negligence. However, you can file a claim for damages. At Silver Dollar Financial, we make it easy to secure Kansas pre-settlement funding. We offer legal loans up to $100,000 without proof of employment or income required. To learn more, reach out to us.
When to File a Personal Injury Claim
According to Kansas Statutes §60-513, you may have up to two years to submit a personal injury claim. For example, a doctor may violate their standard of care, causing you to suffer an injury. If this occurs, you may have up to two years from the date of your damages to pursue compensation from this doctor or any other liable parties.
You can hire a lawyer to represent you in your injury case. This attorney will advocate for you and protect your legal rights. They can also help you get a legal loan.
If you are struggling to pay your bills while you deal with your litigation, Silver Dollar Financial may be able to help you out. We offer lawsuit funding based on your projected settlement amount. For more information, get in touch with us.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Long It Takes to Settle an Injury Claim
There is no timeline for how long it takes to settle a slip and fall accident claim or any other type of injury lawsuit. Your attorney may commit time and resources to craft a compelling argument and gather evidence to support your case. Regardless, the legal system does not guarantee you will get damages.
As your case moves forward, you still have bills to pay. For instance, you may be dealing with costly medical treatments. You will have to figure out how to cover these costs — but if you cannot work due to your injury, it may be incredibly difficult to do so.
With a legal loan, you will receive short-term financial assistance. Your loan provides you with money to help you cover your daily expenses. It also ensures that you can continue with your litigation and pursue the maximum amount of damages possible.
How Pre-Settlement Funding Works
If you want to get your money now in spite of the fact that you are involved in a personal injury case, a pre-settlement loan may be ideal. To qualify, you must be in the middle of a case and have an attorney represent you. Your lawyer will represent you in communications with your legal funding company and keep them up to date about your case.
When you get a legal loan, you do not have to make monthly payments in the same way you would with one from a bank or credit union. You receive money that you can use however you choose. When your case is resolved, only then does repaying your loan come into play.
A lawsuit loan is a type of non-recourse funding. You receive this loan with the expectation you will receive a settlement and pay back your funding once you do. If you do not get a settlement, you are not required to repay your loan.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Legal Funding Is Different from a Personal Loan
You may be wondering what is a personal installment loan and if it is any different from pre-settlement funding. A personal loan and legal funding can give you money. Yet, they differ in terms of how they are structured.
A personal loan comes from a bank or credit union, which may review your credit score, income history, and other information before it approves your request. It may take a lender several days or weeks to determine your eligibility. If your loan request is approved, you will have to pay it back in accordance with your lender’s terms.
Alternatively, a legal funding company gives you a pre-settlement loan contingent solely on your case. It may approve your request in as little as 24 hours. If you receive a legal loan, you do not have to pay it back unless you win or settle your case.
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Who Can Get a Pre-Settlement Loan
There are lawsuit loans for many types of cases. If you are dealing with medical bills and other costs associated with your injury claim, you may be eligible for a legal loan. To find out, it may be best to consult with a pre-settlement funding company.
A lawsuit funding company can take a look at your case. From here, you may receive a personalized quote. You will have the option to approve or reject this quote, and no matter what you decide, will not be charged any fees.
You can submit a legal loan application at any time. Once you do, a pre-settlement funding company can go over your loan options with you. If you decide now is the right time to get a loan, you can finalize your request and receive money immediately.
Legal Loan Application Process
You may have concerns about how long it takes to process an application for a pre-settlement loan. Generally, you should expect to hear back the next day. Here is what you will need to do to apply for legal funding:
- Fill out an application online or over the phone.
- Let a pre-settlement funding company review your request and give you a custom quote.
- Approve your quote.
It may take just a few minutes to complete your application. A legal funding company will review your request carefully. The company will do everything within its power to provide you with a loan that meets your expectations.
Lawsuit Loan Repayment Process
You may be uncertain about whether you are required to repay a non-recourse loan. If you receive damages, repayment is required. Fortunately, your attorney can walk you through this process and make sure your loan is paid.
After your case is closed, you will receive a settlement. Your lawyer will deduct your legal loan balance from this amount and pay your pre-settlement funding company. Finally, you will receive the remainder.
If you do not get damages, you do not have to worry about anything. Your lawyer will notify your legal loan company about your case result. This business will clear your loan balance, and you can keep the money that you already received without incurring any penalties.
Request a Legal Loan
For pre-settlement funding in Kansas, trust Silver Dollar Financial. Our team is available to discuss our legal funding options with you. To get started, contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding