If you file a personal injury lawsuit, anything may happen. To guarantee you get compensation, you may want to request West Virginia pre-settlement funding. You may pursue West Virginia car accident loans and other legal funding options that allow you to get money right away.
At Silver Dollar Financial, we offer legal funding that requires no credit check, no review of your income history, and no proof of employment. Our lawsuit loans may allow you to get anywhere from $1,000 to $100,000 based on your projected injury case settlement amount. To learn more, reach out to us.
When to File a Personal Injury Lawsuit
Per West Virginia Code §55-2-12, you may have up to two years from the date you suffer an injury to request compensation from an at-fault party. For example, a negligent motorist may slam their car into yours, resulting in an injury. You may have two years from the date of your accident to submit a claim against this motorist.
You may get compensation for a personal injury through a liable party or their insurance company. However, the time it takes to receive money depends on the facts surrounding your case. Even if you have a compelling argument, the legal system works slowly, and you may have to wait before you receive damages.
If you want compensation in less time than what is required for an injury lawsuit to be completed, it may be beneficial to request pre-settlement funding in West Virginia. Silver Dollar Financial can help you obtain a legal loan based on a bus accident, medical malpractice, and other injury claims. For more information, get in touch with us.
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What It Costs to Treat a Personal Injury
The costs to treat your injury depend on your medical treatments and other factors. Your medical bills may be overwhelming. They may force you to make budget cuts to the point where you are struggling financially.
Through a legal loan, you may get an advance on a pending settlement. This may help you avoid financial hardships. On top of that, you may have enough money to ensure you will not have to accept a lowball settlement offer.
When you request a pre-settlement loan, your lawyer may help you get the most money possible. They may encourage you to ask for economic and non-economic damages in your injury case. If you do, you may be well-positioned to get a loan quote that lines up with your expectations.
How a Legal Loan Works
You may wonder what is a personal loan and how does it work. Along with this, you may have questions about how this type of loan differs from pre-settlement funding. Once you understand the differences between both options, it may be clear why plaintiffs in injury cases often prefer legal funding over personal loans.
With a personal loan, you request money from a bank or credit union, which looks at your credit score, income history, and other data. Your lender may need days or weeks to decide whether to approve your request. If your lender accepts your request, you will get money and will have to repay your loan in accordance with various terms and conditions.
A pre-settlement loan gives you money based only on your injury case. You may find out in as little as 24 hours how much money you may get. If you do not win or settle your case, you are not obligated to pay back your loan.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Pre-Settlement Loan Application Process
For those who want to get your money now, you will need to fill out a pre-settlement funding application. You may do so online or over the phone, and the application process may take just minutes to complete. Here are the steps involved in this process:
- Fill out your application for free.
- Get approved for a loan.
- Receive a loan quote and finalize your funding.
A pre-settlement loan company can guide you through our application process. Legal funding specialists will explain what loan options are available and help you find one that meets your requirements. They will also answer any lawsuit funding questions you have.
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Legal Loan Requirements
You must have an attorney to represent you in your injury case. During your litigation, your lawyer will advocate for you and help you prepare an argument. Your lawyer cannot give you a loan, but they will serve as a point of contact for your pre-settlement funding company.
When you apply for lawsuit funding, you are not required to share information about your credit score, income, or employment. A legal loan company considers the facts surrounding your case as they determine how much money to provide. The business will use this information to put together a personalized loan quote.
There will be an interest rate associated with your legal loan. Your pre-settlement funding company will explain how interest accrues on your loan. The business will provide you with this information before you receive your funding.
Pre-Settlement Funding Repayment Process
You may ask yourself whether pre-settlement loans are safe. These loans are great options for those who value safety. This is due in part to the fact that you only have to repay your loan if you receive a settlement.
Once you get your money, your lawyer will take what you owe for their services out of your settlement. They will send a check to whoever you choose for your pre-settlement funding, and this payment will cover your loan balance.
In the event that your case is unsuccessful, there is no need to stress. Your lawyer will notify your pre-settlement loan company about your case result. The business will clear your loan balance, and you are allowed to keep the money that you previously received.
Submit Your Legal Loan Application
You may request a pre-settlement loan at any point during your personal injury case. At Silver Dollar Financial, we offer legal funding options for a variety of injury lawsuits. To get started, contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding