PREPARING FOR YOUR PERSONAL INJURY LAWSUIT LOAN
If you've been pursuing a personal injury lawsuit and have a pending case, you have probably been waiting a long period of time for the lawsuit to finalize. If you find yourself in financial hardship, you should consider applying for a personal injury lawsuit loan with Global Financial Credit, LLC.
Below you'll find a summary of documents we'll need in order to expedite the loan process. Not only does this information help us with your personal injury lawsuit loan application, but it verifies to us that you do in fact have a valid personal injury case.
1. Emergency Room Hospital Records
Which include admission and discharge summary reports and operative reports. Often times, individuals don't require hospital and emergency room visits. If you have these documents, they are critical to the case.
2. Personal Insurance Coverage
You may not know it, but most personal injury lawsuit loan attorneys will often drop a case if means of payment are not readily found. This is dependant of the quality of the Attorney, because an Attorney that will work hard for you, will perform a more diligent search. There are several types of insurance that may be a means by which to obtain compensation for your injuries that you may not have considered.
3. Confirm Any Other Loans/Advances
If you have an outstanding personal injury lawsuit loan or advance that pertains to the claim for which you are requesting funding, it is critical that you disclose this information. Failure to present this information can lead to very unpleasant circumstances. Liens from such settlements will be honored prior to dispersing any portion of a settlement. Also, what was once considered a non-recourse loan (i.e., if you lose your lawsuit, you do not have to repay the loan) will automatically convert to a recourse loan (i.e., if you lose your lawsuit, you do have to repay the loan).
Categories: personal injury lawsuit loan
The information contained in this article is not, nor is it intended to be, legal advice as Global Financial is not a law firm. You should always consult an attorney for advice regarding your individual situation.
Contact Global Financial Credit, LLC today at 866-709-1100 or apply below.