What Is the Process to Get Pre-Settlement Funding?
A personal injury lawsuit can take a long time to resolve. Unfortunately, living expenses and bills are usually right on time. One way to solve this problem and get the money you deserve is to pursue pre-settlement funding while your claim is negotiated with the at-fault party. At Silver Dollar Financial, our process is simple and straightforward, with only three steps. You apply, we review, and then you get your money!
Need Pre-Settlement Funding?
The time between your injury and the day you receive your rightful compensation can be much longer than you’d like. Just the filing of your claim against the at-fault party can be as far away as two years from the date of your accident. Then, there is a long negotiation process between you and the opposing party and their attorneys, possible arguments in front of an arbitrator, and the chance of lengthy court proceedings.
The opposing side often tries to prolong the process as much as possible in order to make you desperate to settle, even if that means settling for much lower than the amount you truly deserve. For example, you may be pressured by expenses like the following.
- Medical costs
- Lost wages due to injury
- Replacement or repair of property damaged in your accident
- Any other compensable damages you suffer
Getting Pre-Settlement Funding from Silver Dollar Financial
At Silver Dollar Financial, we make it easy for you to get the money you deserve now rather than having to wait for your case to resolve. Essentially, you borrow forward from yourself and pay us back from your eventual settlement. Our process is a clear-cut, three-step procedure that only requires you to apply.
Step One: Application
This first step is the only one that requires effort from you. Tell us about yourself, your case, the law firm that represents you in your claim, and contact information for you and your attorney. All you have to do is fill out the form on our Apply Now page to get started. If necessary, we will request additional information as well. Remember, there is no fee to apply!
Step Two: Review
Our team of finance wizards will check out the details of your application to determine whether you are eligible for a pre-settlement loan. We do not consider your credit score in the review process. This process can take as little as 24 hours, but we may need to request more information or discuss details with your attorney before you are officially approved for pre-settlement funding.
Step Three: Payment
This is the fun part. If you are approved, Silver Dollar Financial will grant you up to $100,000 of funds to tide you over while your claim resolves. This money comes from your pending settlement amount, and you pay us back from the settlement once your case is over. By acquiring this financial flexibility, you take the sting out of the at-fault party’s stalling tactics.
Pre-Settlement Funding Is Low-Risk
Some people may be skeptical of pre-settlement funding. That’s why Silver Dollar Financial strives to keep our business transparent and simple to navigate. We will keep you informed every step of the way so that you can make the best decisions for you and your family.
Paying Back Pre-Settlement Funds
Perhaps the biggest topic that people worry about is loan repayment. But with the way that Silver Dollar Financial operates, you don’t have to stress over this.
Your repayment comes directly from the settlement in your claim. If your case falls through and you are unable to recover compensation, you do not have to pay us back! Repayment is virtually risk-free: you get your money now from us, settle your case, and pay us back from that settlement (keeping whatever is left over if your case settles for more than your pre-settlement loan). If negotiations fail and your case is denied in court, leaving you with no settlement, you simply walk away without being on the hook for repayment.
Your pre-settlement funding through Silver Dollar Financial is a non-recourse loan. This is designed to protect you, as it means that we, the lender, cannot hold you personally liable for the loan. In a non-recourse transaction, the most a lender can pursue if you default on a loan is the value of any collateral you put up against that loan. Even if that value is not sufficient to cover the cost of the initial loan, the lender can’t take more from you.
Get Pre-Settlement Funding Quickly
If you are in a stalled negotiation process for a personal injury claim, you can take control of the situation today. Ease the pressure placed on you by the opposing party through pre-settlement funding with Silver Dollar Financial.
Fill out the form on our Apply Now page or call us at (844) 871-0628 to get your money in as little as 24 hours.