If you were injured due to an accident that was not your fault in Valdosta, you do not have to pay for the mistakes of others. According to the Official Code of Georgia Annotated (O.C.G.A.) §51-1-6, you are entitled to seek compensation for any damages you may have suffered and hold the negligent party responsible. While it is your right to fight for your personal injury settlement in court, the settlement you are fighting for can be delayed. We all want justice to come quickly, but the hard truth is that justice often takes a long time before it arrives.
While you are fighting your lawsuit, your financial obligations need to get paid, regardless of your situation. When you are injured, you can get thrust into a world of debt or financial stress due to the unexpected damages that are associated with personal injury. On top of the expenses you meet every month, you now find yourself with medical bills, vehicle repairs, and more. Being injured is difficult and may hinder your ability to work properly and earn money to pay everything off.
Your recovery is important, and you should not have to punish yourself due to another person’s negligent actions. Pre-settlement funding is a financial lifeline you can use at little or no risk to you. Silver Dollar Financial provides residents of Valdosta pre-settlement funding that can help them stay above drowning in financial ruin. Call us today at (844) 871-0628 for more information.
What Pre-Settlement Funding Is and How It Works
When you get pre-settlement funding from Silver Dollar Financial, you are essentially getting a loan from yourself. Traditional loans require that you put up collateral and pay in full the money that you borrowed from the bank. Pre-settlement funding is the same in the sense that you do have to pay back what you owe, but only if you win your settlement. If you do not win your settlement, you pay back nothing. Pre-settlement funding is like a cash advance given by us that is awarded based on the compensation you will receive in court.
You can use the money you receive from pre-settlement funding for all types of financial expenses. Some of those expenses may include:
- Medical bills, prescriptions, hospital stays, ER visits
- Vehicle repair, property damage, other loss
- Lost wages, lost ability to earn income, reduced earning capability
- Living expenses such as rent, mortgage, food, utilities, etc.
- Tuition and other school expenses
All of the financial expenses listed above are necessary for daily life. Failing to pay these expenses can result in debt and potentially homelessness. Pre-settlement funding is a way to get the money you need fast without having to worry about putting yourself further in the hole.
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The Benefits of Pre-Settlement Funding
One of the main benefits of pre-settlement funding is that it is so low-risk to the borrower. Because you are borrowing from yourself, you only need to worry about yourself. Use the money you receive to relieve financial hardship. Recover from your injuries and fight your personal injury lawsuit to the best of your ability. Once you receive your settlement, you pay back with what you won. If you do not win, you pay nothing, end of story.
Pre-settlement funding also puts you in a better position for negotiations. Often, the defense and the insurance companies will try and corner you into a bad financial position by dragging out the legal process. While you are vulnerable both from your injuries and from the bad financial state you are in, they will try to get you to settle for less or give up the lawsuit altogether. When you have the funding that helps bad financial situations get better, there is less stress on you to accept a subpar deal.
Application Process for Pre-Settlement Funding
Pre-settlement funding is easy to apply for. Silver Dollar Financial aims to make the process quick and simple. Here is what you need to do:
- Apply with us online or over the phone. Provide your information, your lawyer’s information, details about your case, and how much money you need.
- Our team goes over all of the information provided and makes a decision. We will follow up with you or your legal representation if we need additional information regarding your case.
- If you are approved for funding, you receive it, and you are free to use the funds as needed.
Applying for pre-settlement funding does not require you to go through a credit check, nor does it require you to provide employment history or proof of income. All that we care about is the details of your case. We know that when it comes to financial matters, time is of the essence. Our approval process can be very quick. You can receive up to $100,000 in as little as 24 hours.
Apply for Valdosta Pre-Settlement Funding Today
Pre-settlement funding is an excellent solution for those going through a difficult time. Do not overburden yourself with stress from financial hardship. Give yourself some breathing room to heal and fight for your case. The law takes time to resolve personal injury cases. The defense and the insurance companies will try to take advantage of that and you. Obtaining pre-settlement funding can stop them from making you take a settlement less than what you should be getting.
Silver Dollar Financial helps victims of personal injury reclaim their lives and take hold of their financial issues. We are guided by compassion and a strong sense of understanding. Our goal is to get you the funds you need to get the compensation you rightfully deserve. We are available to help 24/7. Call us at (844) 871-0628.