There is no reason for you to suffer financially while you wait for your settlement. It is simply not affordable when you have been injured in an auto wreck and cannot work. While negotiations with the car insurance company roll slowly along, your expenses continue to snowball.
Pre-settlement legal funding from Silver Dollar Financial is available now if you are a plaintiff in an active auto accident case. Learn more about how an auto accident loan in Nebraska can influence a better settlement outcome and help you regain your financial stability.
What Is an Auto Accident Loan?
Waiting for a settlement can become an impossible struggle if you are the plaintiff in a car accident case. Legal loans, pre-settlement cash advances, auto accident loans, and other names are commonly used to refer to cash advances taken against a future settlement.
Car accident loans are legal funding that offers a source of financial assistance at a low-interest rate to individuals involved in auto accidents. This funding is a valuable source of cash when people need it the most. Your credit and job history have no impact on your ability to obtain legal funding for your car accident.
Instead, the loan is made with the collateral of a pending accident settlement. There is no risk to personal property or credit ratings because the lender assumes responsibility. Car accident loans are non-recourse loans. In other words, you only repay with funds from your future settlement. And if the case is lost, you owe nothing.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Frequently Asked Questions About Nebraska Car Accident Loans
Many people have never heard of an accident loan simply because they have never had any need to use legal funding. The aftermath of an injury accident commonly leaves the victims wondering how to afford medical bills and expenses, especially if they are unable to work.
For many accident victims it is physically, mentally, and financially exhausting. You are not alone if you are struggling in this situation. If you are considering how a Nebraska car accident loan might work for you, here is a list of our most frequently asked questions.
How Can I Spend the Money From a Car Accident Loan?
How Can a Car Accident Loan Help the Outcome of My Case?
How Much Can I Get for an Auto Accident Cash Advance?
How Do Nebraska Liability Laws Affect My Case?
How Can I Spend the Money From a Car Accident Loan?
Most car accident victims use pre-settlement advances to pay for living expenses while the case progresses. There are no restrictions on what you can spend the money on. Accident cases can be unpredictable in the amount of time they take to settle. People often have to make do with less when they are waiting for the settlement to take place.
If your budget is already stretched so far that making ends meet is impossible, this is where a Nebraska car accident loan can benefit you the most. Securing funding can help to keep you and your family afloat when a trickle of unpaid bills becomes a flood.
Some of the most common things plaintiffs use the money for include:
- Shelter – Rent or mortgage payments. Eviction and foreclosure prevention are paramount for anyone.
- Food and utilities – Keep the lights on and cover the cost of groceries.
- Medical – Copays, treatments that are not covered by insurance, or surgery
- Prevent additional charges – Avoid junk fees like late charges, overdraft & NSF fees, reconnection fees, and other completely unnecessary charges.
Sometimes, the money from a car accident loan can be a game-changer in other ways. Removing the pressure and stress of unpaid debt can put you in a better frame of mind to heal and focus on fighting for your compensation.
How Can a Car Accident Loan Help the Outcome of My Case?
Pre-settlement advances can benefit your case by hindering the stalling tactic strategies used by the insurance company. It is common to see the defendant’s insurance company drag out cases and make lowball offers for as long as they possibly can. Taking their time with the process forces people into a corner financially because bills wait for no one.
They are very aware that car accidents are costly to the plaintiff and they bank on your desperation to save them money. Having the cash in place from a car accident loan takes away their power to leverage you into accepting a meager offer. Further, it buys your lawyer the time necessary to go into battle and win the full value of your settlement.
How Much Can I Get for an Auto Accident Cash Advance?
Nebraska residents over the age of 18 who have hired an attorney and have an active case against another insured party are pre-qualified. The amount of your potential settlement is directly related to your damages. Silver Dollar Financial typically offers 10-20% of the total amount of the case value when approving your car accident settlement loan.
We work with your attorney to determine the strength of your claim, the bodily injuries and property damage involved, and the insurance limits in order to determine eligibility and funding approval. The liability is also a factor in eligibility for a car accident loan in Nebraska.
How Do Nebraska Liability Laws Affect My Case?
Nebraska has modified comparative negligence laws, so the fault can be shared by both drivers. So, if you are 20% at fault, you can still collect up to 80% of the damages. You can collect damages from the other driver as long as your responsibility in the accident is determined to be less than 50%.
Nebraska is also a “tort state.” This means that suing for other damages such as lost wages, emotional distress, and hospital bills that exceed the at-fault driver’s coverage could be included in your lawsuit and will be considered in determining the value of your case and the loan amount.
Apply Today to Be Approved for a Nebraska Car Accident Loan
Regain control over your financial circumstances and get started today by calling Silver Dollar Financial or filling out our online form. It takes seconds to apply now, and there is no risk or obligation. Learn more about how a cash advance against your settlement can give you the freedom from financial stress you need right now.
The application process is free, and approval can take as little as 24 hours. All you have to do is provide us with some information. We are available 24/7 to answer your questions about car accident loans in Nebraska or your case.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding