The money you receive from pre-settlement legal funding is in the form of a loan. When applying for a loan, you need to provide lots of financial information to the lender. This is to prove that you can pay back the loan properly and that you are a responsible borrower.
Pre-settlement funding with Silver Dollar Financial doesn’t require a credit check or any financial statements. Instead, we make our determination based on the facts of your personal injury claim.
Silver Dollar Financial offers pre-settlement legal funding to personal injury victims that need money to get by after an accident. For years, we have helped people get funded so they don’t have to make hard financial decisions on eating, getting treatment, or keeping their homes.
With compassion as our guiding principle, allow us to help you. Call us at (844) 871-0628 today.
What Is Required When Applying for Pre-Settlement Legal Funding?
When you apply for pre-settlement funds, you only need the following:
- Details about your case
- How much money you need
- Current financial situation
- Information about you and your lawyer
- What your settlement’s estimated value is
We do not require anything else. This is because pre-settlement legal funding is not the same as a loan you would get from a bank. We do not ask you to put up collateral or do anything else that puts you at risk.
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No Need for Credit Checks and Financial Statements
We do not require any financial statements, proof of income, proof of employment, or a credit check. Many personal injury victims lose their ability to work, thus losing their ability to earn money to pay their bills. This hardship would make anyone unqualified for traditional loans. Thus, we only consider the merits of your case and how much your settlement’s estimated value is.
Pre-Settlement Legal Funding Is Borrowing from Yourself
By borrowing from yourself, you eliminate the need to perform financial background checks. The money you receive will be from you, and you don’t need to prove to yourself that you can use your own money.
How is it possible that borrowers are borrowing from themselves? Don’t we provide them the money? Yes, but the money comes from the settlement they will win in the future. Think of it as a form of a cash advance. By borrowing from us, you are essentially just taking out money early from the settlement you will eventually win.
Our Loans Are Non-Recourse
The Internal Revenue Service (IRS) defines non-recourse debts as debts that borrowers are not personally liable for. When you get a loan for pre-settlement funds through us, you do not have to pay us back if you do not win your settlement.
Non-recourse loans are very borrower sided. Do not worry about what happens if you lose your case and cannot pay your loan back. One of the reasons we provide funding to those in need is to help them be free of financial related anxiety, not cause more.
Apply Now for Pre-Settlement Funding
Our Application Process
You can qualify for up to $100,000 within 24 hours when you apply with us. Applying is very easy.
Submitting an Application
You can do this online or in-person, and we are always available to help you over the phone. Once you fill out your application, it gets sent to us for review.
Evaluating Your Submission
Once we receive your application, our financial team will quickly get started on processing it. Our review process is holistic, and we take into consideration every piece of information provided to us.
Rest assured that your information will always be kept confidential. We will never sell your information or share it with anyone. We know the details of your case are important and take great precautions to ensure that it remains away from the public.
Notification of Approval
If approved for your loan, you will receive your funds promptly. You can spend your money as you wish. We do not restrict what it gets used on.
How You Can Use Your Pre-Settlement Funds
There are many damages you can use your funds on:
- Lost wages
- Vehicle repair or replacement
- Living expenses
- Medical expenses
- Mortgage or rent payments
Even if your expenses are not listed above, you can use your money as you please. Whatever debts you have, you can allocate your money in the best way you see fit. Hopefully, you can continue to fight for proper compensation and get the best settlement available with this extra cash.
Apply for Funding without Worry with Us Today
The statute of limitations to file a personal injury claim is two years according to the Official Code of Georgia Annotated (OCGA) § 9-3-33. Many people file early before the deadline, but they still end up waiting a long time before a settlement is reached. While personal injury victims patiently wait for their settlements, their financial hardships can begin to take a toll on them.
While it is enticing to take the settlement offers from the defense, it is best to hold out and let your lawyer fight harder for a better one. The defense will often exploit your financial situation to get you to give up or settle for less. With pre-settlement legal funding, you can afford to pay your bills and hold out longer for the best settlement value.
Silver Dollar Financial has been helping clients for years. We have assisted hundreds of people in getting the settlement they deserve by giving them the funds they need to stay in the fight. Don’t swim in rising waters of debt. Let us help you out with our knowledge, expertise, and compassion.
To learn more about all of your financing options, call us today at (844) 871-0628 or apply online. There is no risk, no obligation, and no cost to you.