When you are going through any type of legal matter, it can have a significant impact on nearly every aspect of your life. Although pursuing an insurance claim or civil lawsuit is a great way to hold the liable party accountable and recover the compensation you deserve, it could also be emotionally, physically, and financially exhausting. Unfortunately, there are several ways in which you can get through these difficult times.
You may be looking into your financial options so you can cover your expenses in full and start to rebuild your life. You may be wondering whether you can get an advance on your settlement from your attorney. Although lawyers themselves do not offer cash advances, you may qualify for pre-settlement legal funding through Silver Dollar Financial.
Instead of risking your personal finances, you can apply for a Georgia Legal Funding against your anticipated settlement. We will need to speak to your attorney, but once we verify your information, your funds could be in your bank account in a matter of hours. Here is more about how pre-settlement legal funding works and how you can work with your attorney to get a cash advance.
How Pre-Settlement Legal Funding Works
It is more common than you might think for people dealing with legal matters to have trouble covering their costs. This frequently occurs because individuals are dealing with severe injuries that make it impossible for them to continue earning a living. Working with a personal injury attorney gives you an opportunity to make the liable party pay and recover the compensation you are entitled to.
However, the claims process may be complex. It can be months or even years before your case is resolved, and you can finally access the financial support you need. You do not have that time to waste.
For this reason, Silver Dollar Financial offers lawsuit loans to those in need. Instead of asking your attorney for an advance on your settlement, you can reach out to our loan specialists to find out whether you qualify. Then, if your application is approved, we can send the money to your bank account in a matter of hours.
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When You Can Get a Cash Advance on Your Settlement
Silver Dollar Financial offers pre-settlement legal funding for several types of legal issues. Generally, any case that has a pending settlement or anticipated payout may be eligible. Some of the most common types of lawsuits and claims we can fund include:
- Qui tam lawsuits
- Car accident claims
- Motorcycle accident claims
- Slip and fall accident lawsuits
- Whistleblower lawsuits
- Bus accident lawsuits
- Employment law violation complaints
- Commercial truck accident claims
- Insurance disputes
- Personal injury cases
- Labor law complaints
- Child injury claims
- Product liability claims
Before our loan specialists can approve your application, we first need to review whether you meet our eligibility requirements. You must be at least 18 years old, working with an attorney, and anticipate a settlement. Our loan specialists will reach out to your lawyer to find out how much you may be awarded and how long it may be before your case is resolved so we can figure out how much to authorize.
How You Can Spend Your Legal Funding
One of the top benefits of lawsuit loans is the ability to spend your money however it suits your needs. When you take out a loan through a financial institution or bank, there may be stipulations and limitations you do not have to deal with when you get approved for a lawsuit loan. Some of the most common expenses our pre-settlement legal funding recipients have reported include:
- Gas and utilities
- Internet expenses
- Education costs
- Private school or college tuition
- Housing expenses, including rent and mortgage payments
- Insurance premiums, including life, health, and auto insurance
- Entertainment expenses and extracurricular activities
- Necessary household expenses
- Outstanding medical and credit card debt
Generally, once we have determined an applicant has met our eligibility requirements, we review the case to determine how much we should authorize. In many cases, we can grant you a cash advance of up to 20% of your expected payout. However, we have also issued legal funding of up to $1,000,000.
Repaying Your Lawsuit Loan
There are many disadvantages to taking out a personal loan as opposed to a lawsuit loan. Personal loans require a high credit score and excessive compound interest. Also, you must begin repaying the loan soon after it is disbursed. This could be catastrophic if your attorney ultimately loses your insurance settlement or case in court.
Silver Dollar Financial’s pre-settlement loans are always non-recourse. Not only is your credit score irrelevant, but you are not going to be expected to pay back your loan unless your lawyer wins. This is one of the top reasons why we require our applicants to have an attorney.
A civil attorney is unlikely to take on your case unless they believe they can win. We do not want you to have to worry about wage garnishment or debt collection attempts if your attorney is unsuccessful. We understand these potential risks, which is why we do our due diligence before approving the loan applicants.
Apply Now for Pre-Settlement Funding
Get Help from Our Loan Specialists at Silver Dollar Financial Today
Taking out a personal bank loan is one of the worst decisions you can make when you have a pending settlement. If your lawyer loses your case, you will still need to pay back the loan with an excessive amount of compound interest. This could hold you back from rebuilding your life.
Fortunately, when you work with your attorney and our loan specialists at Silver Dollar Financial, you can find financial freedom. Take out a cash advance on your pending insurance settlement or a trial verdict and access non-recourse loan benefits to protect yourself. Our application process is quick and easy, and you are only hours away from getting the financial support you need when you need it most.
Silver Dollar Financial loan specialists work for you. This is your chance to take charge of your future. Apply now, fill out our online contact form, or call our office to find out whether you meet the eligibility requirements and how much you could be authorized in pre-settlement legal funding.