Waiting for your settlement, and watching it slowly slip away, only adds to the stress you feel during a lawsuit. Even if your case is solid, you could miss out on your award if you cannot afford to stay in your legal fight. You are especially at risk if you face crushing bills and a loss of income.
With lawsuit loans from Silver Dollar Financial, also known as pre-settlement funding, you can take home part of your settlement now instead of waiting weeks, months, or even years for it.
Best of all, there is no risk to you from a settlement loan, and you do not have to worry about repaying it if you lose at trial. Contact our loan specialists to find out whether you qualify today.
How Lawsuit Loans Help Plaintiffs Stay in the Fight
Waiting on a settlement can feel like being stuck in place while your bills keep coming. A lawsuit loan gives you the chance to access part of your expected settlement during your case, not after it.
Instead of relying on credit cards, high-interest loans, or family support, you can use legal funding that is tied directly to your case and carries no personal repayment obligation.
Courts treat this type of pre-settlement funding as an investment, not a traditional loan. That means the risk falls on the lender, not on you. If your case does not succeed, you do not owe anything.
The process is simple, and our team can often get you approved and funded in as little as 24 hours. We work directly with your attorney to handle the paperwork and move quickly so you can breathe a little easier.
When you are not under financial pressure, you are free to give your legal team the time they need to build a stronger case. You can use the funds for medical bills, rent, childcare, or anything else that helps you stay focused on your recovery. Our goal is to give you stability while you wait, so you are not forced into a settlement that does not consider the full value of your suffering.
All Types of Funding Available Through Silver Dollar Financial
If you are waiting for a settlement, there is a good chance your case qualifies for legal funding. We provide support across a wide range of case types, including personal injury claims, employment disputes, and complex mass tort litigation. Even if your case is unusual or has been going on for a long time, we may still be able to help. Here are some of the types of funding that may be eligible for funding:
- Personal Injury Lawsuit Loans: If you were hurt and someone else is at fault, we may be able to get you cash while your case is still in progress. It is money you can use now without waiting on a slow settlement.
- Car Accident Loans: A crash can turn everything upside down, especially when bills keep coming and you are too hurt to work. This kind of funding helps you stay afloat while your legal team fights for what you are owed.
- Premises Liability Lawsuit Loans: Falls, injuries on unsafe property, or accidents in public places can lead to serious setbacks. If you have a case, funding can help cover your everyday expenses while you wait.
- Medical Malpractice Lawsuit Loans: When a healthcare provider makes a mistake that causes harm, the legal process can take time. Funding helps you cover things like groceries, gas, and rent while your case plays out.
- Unpaid Wages and Overtime Lawsuit Loans: If your employer did not pay you what you earned, you might qualify for pre-settlement funding. That way, you can stop stressing about money while your case works through the system.
- Whistleblower (Qui Tam) Lawsuit Loans: Speaking up about wrongdoing takes courage, but it can also lead to a long legal process. Funding can help you stay financially stable while your case moves forward behind the scenes.
- Workplace Harassment Lawsuit Loans: Standing up for yourself after harassment can feel isolating and overwhelming. With lawsuit funding, you can keep going without having to sacrifice your financial security.
- Nursing Home Negligence Lawsuit Loans: If someone you love was hurt in a care facility, we know how heavy that can feel. Funding gives you space to focus on them while your case moves forward in the background.
Eligibility depends on the strength of your case, not your credit score or income. At Silver Dollar Financial, we have experience supporting all types of funding needs and working with clients from many different backgrounds. If you are unsure whether your case qualifies, we are always happy to take a closer look and let you know.
How to Apply and What to Expect From the Process
Getting started with a lawsuit loan is simple and does not involve a long list of financial documents. Our team works directly with your attorney to review your case and approve funding quickly. The entire process is non-recourse, which means the money only gets repaid if your case wins.
Step-by-Step Lawsuit Loan Application Process
The application process begins when you fill out a short form with your contact information and basic case details. From there, our team will reach out to your lawyer to review the case and confirm eligibility. Once we have what we need, we send you an offer, and if you accept, the funds are usually deposited into your bank account within 24 to 48 hours.
You do not need a credit check or proof of employment to qualify. We work with people who are in the middle of some of the most difficult chapters of their lives. If you need financial breathing room while your case moves forward, this process is designed to help you get it fast and without added pressure.
What Happens After You Accept Funding
After you receive the money, there is nothing else you need to do until your case settles. Repayment comes directly from the settlement itself, and you do not owe anything if your case does not result in a recovery.
That is what makes this kind of support different from a traditional loan. It is also why lenders use the case value, not your credit or assets, as the basis for approval.
Some people ask whether their lawyer can block them from getting legal funding. In most cases, lawyers who work on a contingency fee are already familiar with lawsuit loans and are open to partnering with funding companies.
If your lawyer has concerns, we are happy to work with them directly to answer questions. As a secured transaction, this type of funding may be subject to U.C.C. Article 9, depending on how your state treats the assignment of settlement proceeds.
Lawsuit Loan FAQ: Frequently Asked Questions About Legal Funding
If you are thinking about applying for a loan, you probably have a few questions. We work with people every day who are trying to make smart, informed decisions while dealing with the stress of an ongoing case. These answers are here to help you understand how legal funding works and what you can expect along the way.
Can I Get more than One Lawsuit Loan?
Yes, you can apply for additional funding if you need more support during your case. It is common for people to take out more than one loan, especially when their case takes longer than expected or new expenses come up. A good funding partner will walk you through your options and help you decide what makes the most sense based on your expected settlement.
Most lenders will offer up to twenty percent of your estimated recovery. If you reach that point and still need help, there may be options like a settlement buyout.
Our team will take a close look at your situation and talk with your lawyer to see what is possible. If more funding can help you stay in the fight, we want to help make that happen.
What If I Already Have Legal Funding from Another Company?
You can still apply for additional funding even if you have already received money from a different lender. We will take a look at how much you have received so far, the terms of your existing loan, and the remaining value of your case. This helps us determine whether we can safely provide additional funding without putting your settlement at risk.
It is important to be upfront about any prior funding when you apply. That way, we can make sure everything is structured properly and avoid any issues with repayment later on. If there is still room based on your expected settlement, we may be able to offer you another round of support that works better for where you are now.
Can I Use the Loan for Non-Medical Expenses?
Yes, you can. Once your loan is approved and the funds are sent to your account, the money is yours to use in whatever way helps you most. Some people use it to pay bills, while others use it to stay on top of rent or buy groceries. There are no restrictions or requirements about how you spend the funds.
Legal funding is meant to help you manage real-life challenges while your case is pending. That includes all the financial strain you may be facing, not just medical costs. Whether you need to catch up on utilities, cover child care, or simply keep some savings on hand, your loan is there to support you during this time.
Do I Need to Pay Taxes on Lawsuit Funding?
Most of the time, no. Legal funding is based on the value of your expected settlement, which is tied to compensation for injuries, lost wages, or related damages. According to federal tax law, that type of compensation is generally not taxable as income.
Of course, every case is different, and tax laws can change. If you have specific questions about how your funding might be treated for tax purposes, it is a good idea to talk with a tax professional. We are happy to walk you through what to expect, but your accountant or advisor can give you the final word based on your full financial picture.
Will This Affect My Credit?
No, applying for a lawsuit loan does not affect your credit score. There is no credit check, and your loan is not reported to credit agencies. Approval is based on your case and your attorney’s cooperation, not your credit history or personal finances.
Since repayment comes from the settlement and not your own pocket, there is no risk of missed payments hurting your credit either. The entire process is designed to support you without creating new financial stress. If your case is successful, repayment is handled automatically. If not, you owe nothing at all.
Get Support With Lawsuit Loans From Silver Dollar Financial
Silver Dollar Financial can provide you with a lawsuit loan for your upcoming settlement. Apply now and you could be approved for pre-settlement funding in as little as 24 hours. In as little as a day, money from your settlement could be in your account and ready to be spent however you want.
Our non-recourse lawsuit loans come with low interest rates. We want to make sure that you are able to take home as much of your settlement as possible and structure our legal funding offers to do just that. Contact us today, and soon you could have the money you need to get the justice that you deserve.