After an accident, your injuries can leave you with lots of bills to pay. Medical treatment is not cheap, and debt does not stop accruing simply because you got hurt. Injuries can also prevent you from earning money altogether or at the rate you used to. You will find that the bills you once had no trouble paying for are suddenly too large to handle.
While particular forms of pre-settlement funding have restrictions, such as medical funding, you can generally use the money you receive on whatever you wish. If you are in a financial rut, our team can help you get cash fast so you can avoid putting yourself into a hole.
Do not wait at the mercy of the courts to get your settlement. Silver Dollar Financial has provided pre-settlement funding in all of its forms for many years. Over that time, our main guiding principles of responsibility, respect, and empowerment.
Call us today at (844) 871-0628 and find out more about your financing options.
How You Can Spend Your Funds
Many different expenses vary from person to person. Pre-settlement funding covers most if not all of them. This is why there is no restriction on what you decide to spend your funds on. Different people allocate their money to various debts that need to get paid.
Do you have a child that attends college? Are you attending college yourself? You can use the money you get to pay for tuition. You should not have to put education on hold because of an accident that happened at no fault of your own.
Mortgage Payments or Rent
An accident can leave you spending money you normally use to pay for your home on other expenses. Do not become homeless because you cannot pay your rent or mortgage. You can use your funds to pay for your housing costs.
Utilities and Various Living Expenses
Water, power, gas, and food are all things necessary to live. Failing to pay for any of these living expenses can result in uncomfortable living conditions. Pre-settlement funds can help cover these costs, so you do not go hungry or without water and power.
Prescriptions, treatments, hospital visits, and ER visits can all get paid for with the funds you receive. Health care is expensive, do not compromise between getting proper medical attention or paying your bills.
Vehicle Repairs or Replacements
The Centers for Disease Control and Prevention (CDC) states that roughly 3 million people are non-fatally injured in car accidents throughout the United States. While not every car accident will leave you with a case of wrongful death or extremely severe injuries, your car can end up totaled.
Accidents on the road can leave your vehicle in shambles. Auto repairs are not cheap, and replacing a car can cost money you do not have. A car is essential for daily functions in many people’s lives. Use your money to get repairs made or to obtain a replacement.
These are the most common areas that pre-settlement funds get spent on. Even if what you plan to use your pre-settlement funds for is not on this list, you are free to spend it on whatever you need. After all, you are not borrowing money from us. You are borrowing from yourself.
Click to contact the Silver Dollar Financial Team today or Call (844)871-0628
Cases You Can Claim
From slip and falls to car accidents, accidents can happen at any moment. Whatever damages you incur from your accident, you can apply to get funding for it. We do not discriminate and take any type of case.
Some of the most common cases we work with are:
- Vehicle accidents
- Slip and fall
- Wrongful death
- Product liability
- Medical malpractice
- Premises liability
Whatever accident you may have claimed, Silver Dollar Financial is here to assist. We will review your case and get back to you as soon as possible.
Pre-Settlement Funds Are Not Like Traditional Loans
You may wonder how “borrowing from yourself” works. Think of pre-settlement funding as a cash advance on the settlement you will win. You pay us back with the settlement you eventually receive once your case gets decided.
Whatever money you are taking out, you put back in with your settlement. In other words, you are merely using your settlement money now to cover your expenses.
What Happens if You Cannot Pay Back Your Loan
What happens if you lose your case and do not receive your settlement? Won’t this just put you back to square one?
Pre-settlement funding is non-recourse. According to the Internal Revenue Service (IRS), borrowers are not personally liable for any non-recourse debt. Essentially, you do not have to worry about paying anything back.
Apply Now for Pre-Settlement Funding
Applying is Easy
Applying for funds with no spending restrictions is easy with us. We only have three simple steps:
- Provide us with your information, the information of your legal representation, details about your case, your current financial situation, and how much funding you need. You can do this online by clicking apply now or over the phone.
- We will review and assess your case holistically based on all the information provided. We may follow up with you or your attorney if needed.
- Once you get approved, you can receive funding in as little as 24 hours.
The amount you get will depend on your case. Usually, you will get around 15% to 20% of your settlement’s total estimated value.
However, depending on your case and settlement amount, you can potentially receive up to $100,000 that you can use however you wish.
Get Restriction-Free Funding with Silver Dollar Financial
Every person’s circumstances are different, especially while dealing with an insurance claim or lawsuit. The last thing we want to do is put pressure on what you can or cannot do with your money. The funding we provide can help you prevent financial hardship and missing out on life due to someone else’s negligence.
Pre-settlement funding can help you hold out for a better deal on your settlement. Often, insurance companies and the defense will try to get you to settle for a deal that does not accurately cover all of the damages and debt you have sustained. We can help stop that from happening.
Our goal is to get you on the road to recovery. For years, Silver Dollar Financial has built a strong reputation with the clients we have helped.
Allow us to help you get through this challenging time. Apply online or call us at (844) 871-0628. We are here to help.