You may be in the middle of a personal injury case. Even though you believe your claim may be successful, you may have no idea if you will actually get any money out of it. Fortunately, St. Petersburg pre-settlement funding program that can help you cover your everyday expenses during your litigation.
At Silver Dollar Financial, we offer St. Petersburg pre-settlement funding for a wide range of injury cases. Our team can go over our lawsuit loan options with you. To get started, reach out to us.
Personal Injury Lawsuit
Per Florida Statutes §95.11(3)(a), you may have up to two years to request damages as part of a personal injury claim. The statute of limitations for injury claims may not be extended. If you do not file your request within this time frame, you may be solely responsible for 100% of your injury-related expenses.
In an injury case, you may pursue economic and non-economic damages. A judge or jury may award economic compensation based on your medical expenses, lost wages, and other quantifiable harm you have incurred. You may receive non-economic damages for subjective losses, such as pain, suffering, and emotional distress.
An attorney may help you submit a claim for compensation from anyone responsible for your injury. They may help you build a body of evidence to support your case. Also, they may work with you to craft an argument that prompts a judge or jury to award you all of the damages you are requesting.
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Proving Negligence in a Personal Injury Case
You are responsible for the burden of proof in your injury case. This means you may have to provide medical records, police reports, and other pieces of evidence to show the defendant was negligent. In addition, you must show the following elements of negligence were present at the time you suffered your injury:
- Duty of Care: An at-fault party was legally required to act in a cautious manner toward you.
- Breach of Duty of Care: The party acted recklessly and carelessly toward you.
- Causation: Your injury was the result of the party’s actions.
- Damages: You are dealing with economic or non-economic damages due to the party’s actions.
Your attorney may help you prepare an argument designed to prove to a judge or jury that the defendant in your case was negligent. Regardless, there is no guarantee you will get compensation. However, with a St. Petersburg pre-settlement funding, you are assured of getting money, no matter how your lawsuit turns out.
St. Petersburg Pre-Settlement Funding Definition
You may want money you can use for the duration of your personal injury case. At this point, you may wonder what is a personal installment loan and how it may help you cover your bills. You may request this type of loan, but legal funding may prove to be a superior option — and there are several reasons why.
With a personal loan, you may have to go through a lengthy application process. You may also have to provide your credit and income histories and other information as part of this process. If your request for a loan is approved, you will have to pay back your funding in accordance with your lender’s terms and conditions.
A lawsuit loan is dependent on your injury case. The process to submit a legal funding application may take minutes to complete, and you only have to share your contact information and details about your case. If you do not win or settle your case, you do not have to pay back your legal loan, either.
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St. Petersburg Pre-Settlement Funding Requirements
You must have an attorney to represent you before you can request a legal loan. This attorney will handle communications between you and your lawsuit funding provider. They will keep your pre-settlement loan company up to date about your case.
Outside of this, you only have to be involved in a lawsuit to seek a legal loan. A legal funding company uses information about your case to determine how much money it is able to offer. The business may look closely at your projected settlement amount.
At Silver Dollar Financial, we offer lawsuit loans to plaintiffs involved in injury lawsuits in St. Petersburg. If you are considering legal loans, we can explain what options we may be able to provide to you. For more information, get in touch with us.
Apply Now for Pre-Settlement Funding
The St. Petersburg Pre-Settlement Funding Application Process
It may not take long to get approved for legal funding. To get your money now, you will need to complete the application process. This involves the following steps:
- Submit your application.
- Get approved in as little as 24 hours.
- Receive your money.
Your attorney may help you fill out your application. If you have additional concerns or questions, a legal loan company may assist you. The business has lawsuit funding specialists on staff who can teach you about different loan options.
Lawsuit Funding Repayment
You may be unsure about if you are required to repay a non-recourse loan. The answer depends on your case result. If you get damages, you may have to pay back what you owe.
After you receive compensation, your attorney takes care of repaying your legal loan. They can deduct what you owe from your settlement. Next, your lawyer can send a payment to your pre-settlement funding company and give you the remainder of your damages.
In a situation where you do not receive any damages, you do not have to worry about repaying your loan. If this happens, your lawyer notifies your legal loan provider, and they explain you did not receive any compensation. Finally, your pre-settlement funding company waives your loan balance, and you keep the money that was already given to you without any penalties.
Submit Your Request for a Pre-Settlement Loan in St. Petersburg
Silver Dollar Financial makes it easy to secure a lawsuit loan of up to $100,000. We provide legal funding with competitive interest rates — and you will owe nothing if you do not get any compensation. To learn more, contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding