You can suffer an injury in a slip-and-fall accident. If your accident and injury are the result of someone else’s negligence, you can seek damages in a lawsuit. However, doing so takes time, and you may have to wait months or years before you can secure damages.
At Silver Dollar Financial, we offer instant access to slip-and-fall lawsuit loans. To get started, reach out to us today. Our team can teach you about our lawsuit loan options for slip-and-fall accidents.
What to Do After a Slip and Fall Accident
Research indicates that slips and falls are among the leading causes of lost days from work. Of course, a slip-and-fall accident can take place outside the workplace. People slip and fall at grocery stores, malls, neighbors’ properties, and other locations every day.
If you slip and fall and suffer an injury, report the incident. There can be times when a property owner or business operator is negligent. At these times, you can file a personal injury lawsuit against the at-fault party.
Even if you submit a personal injury claim, you are still responsible for your medical bills and other expenses until your case is resolved. If you need financial aid during this period, a few options are available. Fortunately, pre-settlement funding from Silver Dollar Financial is easy to obtain and can make a world of difference as you move forward with your slip-and-fall accident lawsuit.
How a Slip and Fall Lawsuit Loan Works
When you get a loan from a bank or credit union, you are required to fill out an application and provide information about your credit score and financial history. The financial institution may require days or weeks to review your submission. If you are approved for a loan, you will have to pay it back in the foreseeable future.
With a lawsuit loan for a slip-and-fall accident, a pre-settlement funding company does not require you to provide your credit score or financial history. Rather, the company looks solely at your slip-and-fall case. The business then determines how much you can receive in pre-settlement funding.
You may be able to get up to $100,000 in pre-settlement funding for your slip-and-fall accident and injury. A pre-settlement funding company takes as much time as needed to answer any questions you have about lawsuit loans. It can also help you submit a lawsuit loan application.
What You Need to Do to Get a Slip and Fall Lawsuit Loan
You can request slip-and-fall pre-settlement funding at any point in your litigation. To do so, you must hire an attorney. Next, you can begin the lawsuit loan application process, which involves the following steps:
- Complete your application online or speak to a lawsuit loan specialist to finalize your pre-settlement funding request.
- Get approved for a lawsuit loan within 24 hours.
- Accept a lawsuit loan quote and get your money.
A lawsuit loan comes with an interest rate that is outlined in your pre-settlement funding quote. If you have questions about the interest rate, your pre-settlement funding company can address them. It is important to understand your lawsuit loan interest rate, as this will impact how much you will pay at your case’s conclusion.
There is no such thing as a “bad” question to ask a lawsuit loan company, either. This company has experienced pre-settlement funding specialists on staff that want to help you make an informed decision. By sharing your questions, you can get the information you need to decide if pre-settlement funding lines up with your expectations.
What Will Happen After You Get Your Slip and Fall Pre-Settlement Funding
You are not required to report how you use your slip-and-fall pre-settlement funding. Many people utilize their lawsuit loan funds to cover their everyday expenses. Some save the money and budget it to ensure they have sufficient funds available for as long as their litigation lasts.
Over the course of your litigation, your attorney remains in contact with your pre-settlement funding company. Your lawyer represents the main point of contact between you and your lawsuit loan provider. When your case is closed, your attorney will ensure your lawsuit loan is repaid on time.
If you win or settle your slip-and-fall accident case, you will receive a settlement from the at-fault party. Your lawyer deducts the amount you owe your lawsuit loan company from this settlement. Then, your attorney pays the lawsuit loan company the balance you owe, you receive the remainder of your compensation, and everything is all set.
How a Slip and Fall Lawsuit Loan Gets Settled If Your Case Is Unsuccessful
Slip-and-fall pre-settlement funding is a great option for those who want to avoid the hassle of getting a loan through a bank or credit union. At the same time, a lawsuit loan offers unparalleled flexibility in terms of repayment. To understand why, consider what will happen if your slip-and-fall accident case is unsuccessful.
You can get a lawsuit loan in a slip-and-fall accident case but fail to win or settle your case. In this scenario, a court rules in the defendant’s favor, and you may receive no compensation. If this happens, you do not have to worry about paying back your loan.
Pre-settlement funding is given out based on the expected results of a case. Yet, if your case is unsuccessful, your pre-settlement funding company takes full responsibility for your loan balance. This means you keep your lawsuit loan without penalty.
Why It Pays to Pursue a Lawsuit Loan for a Slip and Fall Accident Case
There are many reasons why slip-and-fall accident victims choose pre-settlement funding over other loan options. These include:
- Speed: You can request and receive a lawsuit loan in just days.
- Convenience: The process to get a lawsuit loan is much easier than the one commonly associated with requesting a loan from a bank or credit union.
- Support: A lawsuit loan is backed by a pre-settlement funding company that works diligently to ensure you get the money you want when you want it.
Silver Dollar Financial can teach you about lawsuit loans for slips and falls and help you submit your request for pre-settlement funding. To learn more, please contact us today.