There is no reason you should have to continue struggling financially when another party is responsible for causing your injuries or financial losses. Fortunately, if someone else is responsible, you can take legal action against them.
While your attorney handles the legal details of your case, you will need to figure out how you are going to get through these difficult times. With help from our loan specialists at Silver Dollar Financial, you can get an advance on your settlement with our New York legal funding. Learn more about our requirements for approval when you contact our office for a free consultation.
Types of Cases We Fund in New York
New York legal funding can encompass a wide array of legal matters. Essentially, you may be eligible for a pre-settlement loan anytime you are going through any civil dispute where you expect to be awarded compensation for your damages and suffering.
Examples of the types of cases we frequently fund in New York state include:
- Wrongful termination claims
- Employment law violation lawsuits
- Qui tam lawsuits
- Whistleblower complaints
- Commercial truck accident lawsuits
- Car crash lawsuits
- Motorcycle accident claims
- Bicycle accident claims
- Pedestrian accident lawsuits
- Bus accident lawsuits
- Slip and fall accident claims
- Dog bite lawsuits
- Premises liability lawsuits
- Police brutality complaints
- Wrongful arrest lawsuits
- Wrongful conviction and imprisonment claims
- Defective medical device lawsuits
- Product liability lawsuits
These are only a few different types of cases Silver Dollar Financial is prepared to fund. If you are dealing with a different kind of legal issue and do not know where to turn for help, be sure to contact our loan specialists to find out whether we can fund your New York lawsuit loan.
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Qualifying for NY Legal Funding
Once you decide that legal funding in New York is a good option, you may wonder whether you will meet the eligibility requirements. Thankfully, unlike financial institutions and bank loans, the conditions are much less strict when you apply for a pre-settlement loan.
You Need a Lawyer
You must be working with a lawyer. Whether you work with a civil rights lawyer, personal injury attorney, employment law attorney, or any other legal advocate, you must have legal representation to approve your application.
Most of these attorneys take on personal injury cases based on contingency agreements. This means they only get paid if they win your case. Likewise, since our loans are non-recourse and can only be repaid with your settlement funds, we can only approve your application if you are working with a lawyer.
You Must Be Expecting a Settlement Payout
You must also anticipate a settlement. Your attorney can discuss the value of your claim with you in depth to determine how much you can recover. In many cases, you could expect to be told a settlement range.
For example, suppose you were dealing with a car accident lawsuit. In that case, the liable party could be responsible for anywhere between a few thousand and a few hundred thousand dollars, depending on the severity of your injuries and other factors. We must speak to your attorney to verify your anticipated settlement and determine how much to authorize in pre-settlement funding.
You Do Not Need Excellent Credit
One of the top benefits of legal funding in New York is that you do not need an excellent credit score to get your application approved. In fact, Silver Dollar Financial does not do a hard credit check when reviewing your application.
This is partly because your credit score is irrelevant to our review process. We do not need to see your creditworthiness to determine whether your lawyer will win your settlement.
You Do Not Need Income
Since legal funding is non-recourse, we do not need you to provide proof of income. It is more common than you might think for people dealing with civil claims to temporarily or permanently be out of work.
If you have suffered debilitating injuries, you may not be able to earn a living or pay back your pre-settlement loan with wages. However, you can only pay back your legal funding with your settlement funds, so our loan specialists do not need to verify that you are employed for your application to be approved.
How to Spend Your Legal Funding in New York
You can spend your New York legal phones however you need to. We understand that you may have a variety of expenses that need to be covered. However, Silver Dollar Financial never monitors or restricts how you can spend your money.
The money is yours, just like your settlement funds will be. Some of the top expenses reported by New York legal funding recipients include:
- Housing payments
- Credit card debts
- Insurance premiums
- Medical debts
- Extracurricular activity costs
- Entertainment expenses
- Utilities and Internet bills
- Phone payments
- Costs of streaming services
What to Expect When Your Lawsuit Loan Is Approved
Silver Dollar Financial’s lawsuit loan application is simple. After you complete our quick application and we speak to your lawyer, we can authorize as much as 20% of your anticipated settlement in legal funding.
We can send the money through direct deposit to your bank account in as little as one day. This means you could be mere hours away from accessing the financial relief union when you need it most. Once your attorney wins your civil claim, they will pay back your lawsuit loan, deduct their attorney’s fees from your settlement, and deposit the remaining balance into your bank account.
Apply Now for Pre-Settlement Funding
Get Help from Silver Dollar Financial Loan Specialists Today
It would be best if you did not struggle to make ends meet while your lawyer handles your civil lawsuit. Instead, complete an online application today and get an advance on your anticipated settlement funds with New York legal funding from Silver Dollar Financial.
Learn more about how much we could authorize in pre-settlement legal funding when you contact our loan specialists to discuss the specific details of your case. You can reach us through our online contact form or phone to start working on your application as soon as today.