If you feel helpless following a motorcycle accident caused by a negligent motorist, consider your legal options. You have the right to sue a liable motorist and hold them responsible for your medical bills and other crash-related losses. North Carolina motorcycle accident lawsuit loans are available to help you do just that.
Silver Dollar Financial offers legal funding to motorcycle accident victims and others involved in personal injury lawsuits. We offer a wide range of legal loan options and can help you get North Carolina pre-settlement funding in as little as 24 hours. Contact us today for more information.
Why You Should Evaluate North Carolina Motorcycle Accident Loan Options
Just because you sue someone for damages as part of a motorcycle accident lawsuit does not guarantee that you will receive compensation. A judge or jury may decide to rule in favor of the other party involved in your case. This could force you to cover all of your accident-related losses.
A legal loan company understands the average settlement for a motorcycle accident. It can provide you with a pre-settlement loan that helps you cover your expenses throughout your litigation. If you receive compensation, only then will you have to pay back your loan.
Silver Dollar Financial offers lawsuit loans ranging from $1,000 to $100,000. We can teach you about our motorcycle accident loans in North Carolina and help you secure one that provides you with adequate compensation based on your projected case settlement. Get in touch with us today.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
When to Request a Motorcycle Accident Loan
If you want to request a North Carolina motorcycle accident lawsuit loan, you have a limited amount of time to do so. North Carolina’s General Statutes (G.S.) restricts the time frame in which you can ask for damages from anyone responsible for a personal injury.
According to G.S. § 1-52, you have three years from the date of your motorcycle crash to file an injury lawsuit.
You must have a lawyer as your legal representation before you can get a legal loan. This gives you access to an attorney who will advocate for you and protect your best interests at each stage of your litigation. Your lawyer will handle communications with your lawsuit funding provider and keep the business updated about your case.
To get your money now, you must complete a legal funding application. This can be done over the phone or online. After you submit your application, a pre-settlement funding company will review it and let you know how much money it can provide.
Eligibility Requirements for a Motorcycle Crash Loan
You may wonder if you will qualify for a non-recourse loan if you have a low credit score or little to no income. With a motorcycle accident lawsuit loan in North Carolina, there is no need to worry.
A pre-settlement funding company looks exclusively at the facts of your case and does not account for your credit and income histories during the application process.
Outside of having a lawyer represent you, being involved in a personal injury lawsuit, and submitting an application, there are no other legal loan requirements. A lawsuit funding company does not require you to pay your loan monthly. Loan repayment is necessary if you get compensation.
In a situation where you win or settle your case, your attorney will handle the lawsuit loan repayment. Your lawyer will notify your pre-settlement funding company about the result of your case and deduct your loan balance from your compensation to pay the business. Finally, your loan balance will be clear, and you will receive the remainder of your compensation.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Long You Have to Wait Before a Motorcycle Collision Loan Request Gets Approved
The time it takes to secure a legal loan may be significantly less than what is required to resolve your motorcycle collision case. Typically, a legal loan company can approve a pre-settlement funding request as soon as the day after it receives an application. Comparatively, how long it takes to settle a lawsuit depends on a case’s complexity, and the timeline could last years.
If you are approved for a legal loan, you will receive a quote. This explains how much money you can receive and your loan’s interest rate. If you are unsure about a quote and have concerns or questions about it, connect with your legal loan provider, and they can give you additional insights into what your funding entails.
Once you receive your loan, you have the freedom to spend your money however you want. You may use your funding to pay your medical bills or cover other accident-related costs. Meanwhile, you can continue with your litigation, keep in contact with your lawyer, and work with them to build a compelling case that could help you secure maximum damages.
Apply Now for Pre-Settlement Funding
What Can Happen with Your Motorcycle Accident Loan If Your Case Is Unsuccessful
You are required to repay a non-recourse loan if certain circumstances apply. A legal loan provider offers motorcycle accident pre-settlement funding with the understanding that your case could be unsuccessful. In doing so, the company takes full responsibility for your loan balance if you do not receive compensation.
For example, you and your lawyer argue your motorcycle crash case in court, but a judge or jury rules in the defendant’s favor. You do not get any damages. Previously, you obtained a legal loan, which has helped you cover your expenses during your litigation.
In this situation, your lawyer will notify your pre-settlement funding company about the case results. Next, the business will clear your loan balance, and you can keep the money you received from the company without incurring any penalties. If you ever need a legal loan in the future, you have the option to request it from this business once again.
Check Out North Carolina Motorcycle Collision Loans
Silver Dollar Financial has friendly, knowledgeable pre-settlement funding specialists on staff who are happy to assist you. We can provide you with details about our motorcycle collision legal loans and help you get funding right away. Reach out to us today to get started.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding