No one expects to be hit by a vehicle when out for a ride on their bike, but it happens every day. If you have suffered a bicycle accident, whether while working or exercising, you need a personal injury lawyer to manage your legal case.
You may also need financial help during this challenging time. Silver Dollar Financial helps individuals like you by providing a bicycle accident lawsuit loan. You can use your loan to pay for everyday bills and extraordinary expenses you have incurred following the accident.
What Is a Bicycle Accident Lawsuit Loan?
As the name implies, a bicycle accident lawsuit loan is a loan to help you through the time involved during a lawsuit. Lawsuits can be lengthy. Even if both parties agree to a settlement, that could take many months.
Your lawsuit loan, also known as pre-settlement funding, can help fill in the gap of unexpected bills and what could be an unexpected loss of income due to the time needed to recuperate from the injuries you sustained.
What Is the Difference Between a Lawsuit Loan and a Loan from the Bank?
Lawsuit loans are designed to be simple. Silver Dollar Financial will access your bicycle accident and subsequent lawsuit. You may be offered between 10 and 20 percent of what the company deems you may receive as compensation from your lawsuit. And you will receive a fixed percentage rate for the life of the loan.
That loan life is simple too. Once you either win at trial or agree to a settlement from the defendant, your loan will be paid back from those settlement fees. You owe nothing before then.
Why a Bicycle Accident Lawsuit Loan?
Getting financial relief during the stressful time of recovery will help to alleviate your mind. It allows you to concentrate on rehabilitation from your injuries and to work with your legal team on your case.
Qualifying for a bicycle lawsuit loan is quick and easy.
How do I Qualify for a Lawsuit Loan?
Unlike other types of loans, we don’t look at your credit rating, nor your employment. And there isn’t a lot of paperwork to fill out. Your loan is based solely on your case and its potential outcome.
Silver Dollar Financial will need proof that you are an adult and:
- Contact information for your personal injury attorney
- Proof of the driver’s liability in your case, obtained from your attorney
- A copy of a police report and medical records revealing the injuries you incurred from the attack
That’s it. Once received, one of our loan management officers will get to work toward approving your loan and provide funding, often in as little as 24 hours.
Determining Your Loan Amount from What Your Case Could be Worth
When a cyclist is hit by a vehicle driver, as you know, injuries can be substantial. You may have suffered from broken or dislocated bones, gaping wounds, head, or back injuries, and/or injuries to your internal organs. Meanwhile, you are incurring medical bills and suffering a lack of income.
The compensation you could be seeking may include:
- Reimbursement of medical bills
- Loss of income
- Mental anguish
- Suffering from post-traumatic stress disorder
- Physical and emotional therapy
- Pain and suffering
- Loss of enjoyment of life
- Punitive damages
Silver Dollar Financial will learn what factors will be a part of your case from your attorney, as well as the type and amount of insurance coverage of the at-fault driver. We will take all of this into account when determining a potential lawsuit loan for you.
The Convenience of a Lawsuit Loan
Lawsuits and court trials take time. A lawsuit loan may take only a couple of days. Why worry about finances when help is available, quickly?
Receiving a lawsuit loan alleviates the pressure bills can present. Legal cases can take months, even years. Alleviating that pressure will let you concentrate more on your case and afford you the time a settlement or court trial can take.
You don’t need to worry about adding another factor to your monthly bills. You owe Silver Dollar Financial nothing for your lawsuit loan until you settle. And, if, for whatever reason, you do not win your case, you owe us nothing, not even the interest.
How Can You Spend the Funds from Your Loan?
Any way you would like. Silver Dollar Financial doesn’t care how you spend your money. We don’t ask questions. How you spend your money is up to you.
Most attorneys do not ask for fees until they win your case. They may also help you to receive deferred payments for medical bills you have incurred due to your injuries.
If off from work due to their accident, some applicants spend their loan funds on paying routine bills. That’s good. But, if you think a vacation will help you mentally and physically, you can spend your loan funding in any way you would like.
Filing for a Bicycle Accident Lawsuit Loan
Filing for a Silver Dollar Financial lawsuit loan is fast. Simply fill out the information required on the form of our website. It is that easy.
Our representative will call upon your lawyer to provide your case documentation and the at-fault proof he or she has discovered to validate your case. If we find the court will likely agree in your favor, so will we! We will fund you 10 to 20 percent of the amount we feel you may recover.
Upon approval and your agreement, cash can be transferred to your bank account within as little as 24 hours.
Why Choose Silver Dollar Financial Over Other Lenders?
We are accredited by the Better Business Bureau and our process is simple. We have a vast amount of personal injury case loan experience including bicycle accident lawsuit loans.
We value our customers and will go the extra mile for you. Our team will keep you apprised of every step along the way to getting you the finances to carry you through this time. Call and connect with a Silver Dollar Financial representative today!