Anyone dealing with an insurance claim or lawsuit understands how difficult it can be financially. You are already stuck dealing with the implications of your civil claim, injuries, or damages. On top of that, you are also likely having trouble covering your costs or staying afloat while your case plays out in the court system.
Fortunately, if you are working with an attorney, you may qualify for Peachtree Corners legal funding at Silver Dollar Financial. You may be able to access pre-settlement funding that could help you through these trying times. Contact our loan specialists to learn more about how much you could qualify for and the legal funding application process.
Who Needs Legal Funding in Peachtree Corners?
You may require legal funding in Peachtree Corners if you are currently in the middle of a personal injury lawsuit, civil claim, or negotiations with an insurance company. You may be currently experiencing financial distress due to the legal issues you are dealing with. It is not uncommon for people dealing with lawsuits to have considerable medical expenses, loss of income, and other financial losses as a result of their experience.
These losses only continue as you move through the litigation process. Fortunately, when you choose legal funding, you can get access to your settlement funds ahead of time and start to find financial relief. Legal funding may be available for a variety of civil matters, such as:
- Work injuries
- Car accidents
- Slip and falls
- Premises liabilities
- Defective products
- Medical malpractice
- Motorcycle accidents
- Commercial truck accidents
- Whistleblower cases
- Employment law violations
- Labor law violations
- Other types of personal injury and civil claims
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Legal Funding vs. Bank Loans
Legal funding is completely different from traditional bank loans. Although many people mistake lawsuit loans for bank loans, they have many differences. For example, when you are seeking a bank loan, you need to:
- Have good credit
- Provide credit references
- Provide proof of income
- Fill out a lengthy application
- Wait days or longer for review
- Pay compound interest
However, when you go with legal funding, you:
- Do not need good credit
- Do not need to provide credit references
- Do not need a source of income
- Get your application reviewed in hours
- Never pay compound interest
Eligibility for Legal Funding in Peachtree Corners
To qualify for Peachtree Corners legal funding, you need to meet our eligibility requirements. Although you do not need to have a good credit score or a source of income, you do need to work with an attorney. If you have not hired an attorney yet, now is the time to reach out to a personal injury or civil lawyer for help with your claim.
Unfortunately, our loan specialists are not able to approve applications for anyone who is not working with a lawyer. This is because another requirement is that your attorney anticipates a settlement in your case.
The majority of civil attorneys work with their clients on contingency. This means they are covering all of the costs of pursuing your case. They would not do this if they did not believe they were going to win.
For this reason, we will need to speak with your attorney to determine how much we should authorize in legal funding before we can approve your claim. You also need to be at least 18 years old to have legal funding sent to your bank account in 24 hours or less.
Spending Your Pre-Settlement Funds
Do you have concerns that your legal funding will be monitored or restricted? Many lawsuit loan companies have these stipulations in place. However, Silver Dollar Financial does not.
You have the right to spend your money however you want to because it is your money. We are just helping you access your legal funds now instead of having to wait. Some of the different expenses legal funding recipients in Peachtree Corners have reported include:
- Mortgage and rent
- Phone and utilities
- Medical bills
- Credit card debt
- Debts that went to collections
- Extracurricular activities
- Car payments
These are just a few of the different expenses you might have while dealing with a pending civil or insurance claim. You have the right to spend this money however you want
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How to Pay Back Legal Funding in Peachtree Corners
Paying back your legal funding can be intimidating if you do not understand how the pre-settlement lawsuit loan process works. However, technically, after your lawsuit loan has been issued, you do not need to worry about paying you back. Your lawyer will be responsible for repaying your legal funding once they receive your settlement check.
It should be noted that if your attorney does not produce a financial recovery in your case, you will not be ordered to pay back your legal funding. These are non-recourse loans. The only way they can be paid back is through your settlement.
You do not need to worry about your wages being garnished or getting into further debt by taking out a lawsuit loan in Peachtree Corners. For this reason, you can feel confident in accessing a portion of your legal funds now. There is no risk to you.
Your attorney is taking on the risk of pursuing your case, and Silver Dollar Financial will never hold you responsible. We want to help you get through these difficult times and find financial stability at last.
Reach Out to Silver Dollar Financial for Peachtree Corners Legal Funds
Peachtree Corners legal funding could be an excellent option if you are currently dealing with an ongoing civil claim or have a pending settlement. Financial instability does not need to continue to rule your life.
Reach out to our team at Silver Dollar Financial to find out how much you could be authorized in pre-settlement legal funds. You can reach us by phone, through our convenient contact form, or by filling out our online application when you are ready to get started.