You may file a personal injury claim with the expectation that you will be awarded damages. Before your case is settled, you may request Nebraska pre-settlement funding. Once you explore Nebraska car accident loans and other legal funding options, you may find one that allows you to get money immediately.
At Silver Dollar Financial, we make it easy to secure a pre-settlement loan in as little as 24 hours. Our team is available to explain our lawsuit funding options to you. For more information, reach out to us.
What to Expect During a Nebraska Personal Injury Lawsuit
Per Nebraska Revised Statute §25-207, you may have up to four years to seek damages from anyone who caused you to suffer an injury. The window for submitting a claim may not be extended. If you choose not to pursue damages within this period, you may be solely responsible for your injury-related losses.
You may request economic and non-economic damages in your injury lawsuit. A judge or jury may award economic compensation based on your medical bills, lost wages, and other quantifiable harm you suffer. You may receive non-economic damages for pain, suffering, and other subjective losses.
Just because you file an injury claim does not guarantee you will be awarded damages. The team at Silver Dollar Financial can help you get pre-settlement funding in Nebraska based on your claim. To learn more, get in touch with us.
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Personal Injury Cost
It may be difficult to understand the cost of an injury. Your injury may prevent you from working to the point where you are struggling financially. Due to your injury and its impact on your finances, you may be tempted to accept the first settlement offer that comes your way.
Your injury costs may escalate quickly, but help is available. With a pre-settlement loan, you may receive money you can use to cover your medical bills and other expenses. At the same time, you can file an injury lawsuit and pursue damages from anyone who caused your injury to happen.
To get the best results in your injury case, you may want to hire an attorney. This gives you access to a legal professional who puts your best interests front and center. Also, your lawyer can help you get a lawsuit loan.
What Pre-Settlement Funding Offers
There are many types of funding available to plaintiffs in injury lawsuits. A legal loan does not work the same way as a traditional one provided by banks and credit unions. To understand why, consider how each funding option is structured.
You may request a personal loan from a bank or credit union, which will perform credit and income checks as part of its application process. It may take days or weeks before you find out if your loan request has been approved. If so, you are required to pay back your loan in accordance with your lender’s terms and conditions.
A lawsuit loan offers more flexibility than standard options. You may receive up to $100,000 in funding, and you do not have to provide information about your income and credit histories during the application process. In addition, if your case is unsuccessful, you do not have to pay back your loan.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Pre-Settlement Loan Application Process
If you are ready to get your money now, you may start the legal loan application process. You may fill out your application online or over the phone. The entire process may take up just a few minutes of your time.
You must hire a lawyer who will serve as your legal representative before you can obtain a lawsuit loan. With help from your attorney, you are well-positioned to receive a settlement that lines up with your expectations. Plus, your lawyer will communicate with your pre-settlement loan company throughout your litigation.
If you are approved for a legal loan, you will receive a quote. This includes information about how much money you may get and your loan’s interest rate. Once you agree to the quote, your legal funding company will send you money, and you can use it as you see fit.
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Lawsuit Loan Cost
You can borrow against a settlement for free. There are no fees associated with a lawsuit loan application, regardless of whether you accept a quote. On top of that, you are not charged anything for your funding unless you win or settle your case.
A pre-settlement loan company puts no restrictions on how you can use your money. If you want to spend your funding on your daily expenses, you are welcome to do so. You have the freedom to decide how you use your funding.
Your legal loan includes an interest rate, which your pre-settlement funding company will share with you before you finalize your request. It may be a good idea to find out if a lawsuit loan company charges simple or compound interest. If your loan includes simple interest, you may have more money left over from your settlement than you would if you are forced to deal with interest that compounds over time.
How to Pay a Legal Loan Balance
There are no upfront fees to apply for legal funding, but you may have a balance to pay if your case is successful. Ultimately, this is the best scenario since it means you have secured compensation. Meanwhile, your attorney will take care of repaying your loan for you.
When you receive a settlement, your lawyer will deduct what you owe your pre-settlement loan company from this total. They will send a payment to cover your loan balance. Next, you will get the remainder of your settlement.
Now, consider what may happen if you are not awarded damages. At this time, your lawyer will notify your legal funding provider about your case result. Finally, your loan balance gets waived, and you keep the money that was already given to you.
Get Pre-Settlement Funding
Silver Dollar Financial helps plaintiffs in injury cases get money right away. Our team is here to help you obtain a legal loan. To get started, contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding