A New Orleans resident can suffer a car accident injury. In this instance, anyone responsible for the injury can be sued for damages. Yet, the time it takes a NOLA resident to secure damages in a car accident personal injury lawsuit can be substantial.
At Silver Dollar Financial, we offer New Orleans car accident loans to those who need financial assistance. Our auto accident loans are flexible and easy to understand. They ensure anyone who needs money while they are in the midst of a car accident case can get exactly what they need.
There Is a Limited Time Frame to File a New Orleans Car Accident Lawsuit
Louisiana law states a New Orleans car accident victim has up to one year to sue an at-fault party. The statute of limitations begins from the date of the victim’s car accident. Once the year passes, this individual cannot pursue damages in court relating to their auto accident.
For those involved in a New Orleans car accident that occurs through no fault of their own, consult with a personal injury lawyer. This allows a car accident victim to learn about personal injury claims. The attorney can review the auto accident victim’s legal claim and determine if this individual has a strong case.
If a New Orleans auto accident victim moves forward with a lawsuit, it may take months or years before the case is resolved. During this time, the victim is solely responsible for any medical fees or other costs relating to their auto accident injuries. Fortunately, this individual can apply for a car accident loan to supplement their finances.
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How to Get Started with a New Orleans Car Accident Loan
The application process for New Orleans car accident loans is seamless. An individual can access a lawsuit loan application online at any time. The application can be completed in just minutes.
A traditional loan application requires an individual to provide information about their credit history and personal finances. Comparatively, a car accident loan application does not. Rather, an individual must provide their contact information and details about their auto accident case.
After a lawsuit loan company reviews an auto accident pre-settlement funding request, it follows up with an applicant within 24 hours. At this time, the applicant receives a lawsuit loan quote. The applicant then must decide if now is the right time to receive pre-settlement funding.
It Is Free to Submit a New Orleans Auto Accident Loan Application
An individual does not have to pay anything to apply for a New Orleans car accident loan. People can request auto accident loans or other forms of pre-settlement funding at their convenience. There are no hidden fees that will come up during the application process as well.
The best New Orleans auto accident loan company is transparent about all costs associated with its lawsuit loans. It prioritizes education and teaches people about pre-settlement funding. This ensures those interested in auto accident loans understand how they work.
Also, find out if a car accident loan company in New Orleans charges interest on its lawsuit loans. This company can explain if it charges simple or compound interest on its pre-settlement funding. It can provide details about the total cost of any pre-settlement funding.
How to Weigh the Pros and Cons of a New Orleans Car Accident Loan
New Orleans car accident loans may seem risky at first. However, an auto accident loan is considered non-recourse funding. This means an auto accident victim only repays their loan if their legal claim is unsuccessful.
For example, a NOLA car accident victim may sue an at-fault party but lose their case. The victim may have also secured a lawsuit loan at the beginning of their litigation. Regardless, if the victim’s case is unsuccessful, this individual keeps 100% of their loan amount and does not need to pay it back.
It can be beneficial to consult with a New Orleans lawsuit loan company and ask questions about pre-settlement funding. This allows an individual to learn about the short- and long-term impact of getting a lawsuit loan. It ensures this individual can get the information required to make an informed pre-settlement funding decision.
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Hiring a Lawyer Is Required to Obtain a New Orleans Car Accident Loan
To get an auto accident loan in New Orleans, an individual must hire an attorney. A lawsuit loan company remains in contact with a plaintiff’s attorney throughout their auto accident litigation. After the plaintiff’s case is closed, the lawyer handles the auto accident loan repayment process.
If a New Orleans car accident victim’s case is successful, their attorney automatically handles lawsuit loan repayment. The victim receives a check for damages from the defendant. From here, the victim’s attorney deducts their lawsuit loan amount from these damages and repays the pre-settlement funding company.
Along with working with a pre-settlement funding company, a lawyer can offer plenty of legal assistance during a New Orleans car accident case. The lawyer can explain the ins and outs of the legal process to the plaintiff. Plus, the attorney can help their client secure the maximum amount of damages in court.
Choose a New Orleans Car Accident Loan Company that Listens to Its Clients
A New Orleans auto accident loan may appear to be a quick fix to an individual’s financial problems. The loan offers short-term financial relief to an auto accident victim. Conversely, a lawsuit loan provider dictates how much value a car accident victim gets out of their pre-settlement funding.
Conduct a thorough search for lawsuit loan companies in New Orleans. It helps to look at a pre-settlement funding company’s client testimonials. This allows an auto accident victim to see how past clients feel about the business and its ability to meet their expectations.
Do not rush through the auto accident loan application process, either. Instead, consult with a lawsuit loan company each step of the way. This enables an individual to find out how a pre-settlement funding company supports auto accident victims as they pursue lawsuit loans.
Apply for a New Orleans Car Accident Loan Today
Silver Dollar Financial allows you to submit a NOLA auto accident loan application without delay. Our team of lawsuit loan specialists is happy to help you fill out our application and move one step closer to getting auto accident pre-settlement funding. To learn more, please contact us today.