Pre-Settlement Funding in Oklahoma City

After being involved in an accident or initiating a civil claim of any kind, you may be struggling financially. On top of having to cover your regular monthly expenses, you may also have a tremendous amount of unpaid medical bills, credit card debt, and outstanding loan payments. Keeping up with it all can be as stressful as the claims process itself.

Fortunately, with Oklahoma City pre-settlement funding from Silver Dollar Financial, you can get through these difficult times and avoid financial ruin. Our Oklahoma City lawsuit loans could be the answer to your financial worries. Contact our loan specialists to find out whether you qualify for our different types of funding, or apply now and get the money you need sent to your bank account within hours.

We Fund These Types of Legal Cases

At Silver Dollar Financial, we offer Oklahoma City pre-settlement funding for a wide variety of cases. Essentially, any type of lawsuit or civil claim where you could be awarded compensation for your damages or suffering may qualify. However, some of the most common types of cases we provide funding for include:

If you are dealing with another type of civil matter and are unsure whether you qualify, do not hesitate to consult our loan specialists. As long as you are at least 18 years old, are working with a legal representative, and anticipate a payout, you should qualify for pre-settlement legal funding in Oklahoma City. You do not need to have good credit or a source of income to qualify since our loans are non-recourse and do not require repayment unless or until you recover compensation and your case is resolved.

Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628

Oklahoma City Legal Funding FAQ

How Do I Pay Back a Pre-Settlement Loan if I Lose My Case?

Pre-settlement funding in Oklahoma City is always non-recourse. You will never be expected to pay back your lawsuit loan unless your lawyer wins your case. Once you receive your settlement, you can pay back your pre-settlement loan in full.

However, if your case is unsuccessful, you will never have to worry about paying back the funds you received. We take on this risk, so you do not have to. It is the least we can do for our clients after everything they have been through.

How Much Could I Receive in Settlement Funds?

The exact amount you can expect to receive in settlement funds will vary widely depending on the specific details of your case. In some instances, we can award up to 20% of whatever our clients are expecting to receive in their civil claims. The complexity of your case and the amount of time it will take for your payout to arrive will determine how much we can authorize in pre-settlement legal funding.

What Can I Spend My Pre-Settlement Loan Money On?

You have the right to spend your lawsuit loan money however you need to. We do not restrict you or monitor how you use the pre-settlement loan money we have provided. However, some of the most common types of expenses our lawsuit loan recipients have reported include:

Medical bills
Credit card debt
Utilities
Internet expenses
Phone bills
Rent or mortgage payments
Groceries
Toiletries
Extracurricular activities
Private school tuition
Student loan payments
Clothing and shoes
Auto notes
Insurance premiums

These are only a few examples of expenses that you could cover with your pre-settlement loan. If this money helps you get back to some semblance of normalcy, all the better. Just remember, you will need to pay back these funds when your settlement comes in, so it may be in your best interests to be mindful of your spending.

How Long Will I Have to Pay Back My Legal Funding?

There is no specific amount of time in which your pre-settlement loan must be paid back. As part of your application, we will speak to your legal representative to find out how long it might be before your case is resolved. This will help us determine how much we should approve in legal funding.

However, in most cases, you will not need to pay back your loan money until the settlement funds come in. This could be months or even years from the day of your application. The great news is that you will not have to worry about collection attempts or being forced to take on another monthly expense when you go with a lawsuit loan as opposed to a traditional cash advance or personal loan.

Does Oklahoma City Have Pre-Settlement Funding Regulations?

Yes, the state of Oklahoma has pre-settlement funding regulations in place. Back in 2013, Senate Bill 1016 designated pre-settlement funding a “non-loan product.” This comes with specific restrictions and regulations, including:

Lawsuit loan companies are required to have a valid license
Lawsuit loan providers are prohibited from offering referral fees to law firms
Any type of injury claim should be eligible for settlement funding, such as slip and falls, car accidents, and Workers’ Compensation claims
Lawsuit loan providers are prohibited from influencing their applicants’ cases
Lawsuit loan recipients have the right to cancel their settlement funding agreements within five business days of receiving their funds

Get Pre-Settlement Funding in Oklahoma City in Hours

Lawsuit loans are completely different from traditional loans or predatory payday loans. When you need a cash advance against your pending personal injury settlement or trial verdict, Oklahoma City pre-settlement funding could be the solution. Our non-recourse loans make it possible for you to get the help you need without jeopardizing your personal finances.

Take control of your financial future with help from our loan specialists at Silver Dollar Financial. Once you meet the eligibility requirements, we simply verify your information with your legal representative and get the money sent to your bank account shortly thereafter. Fill out our online application now, call our office, or submit our quick contact form to learn more about whether legal funding is a good option for you and your family.

Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding