A Delaware car accident can be devastating. The incident can leave a victim with costly medical bills. It can also hamper a victim’s ability to work, go to school, and enjoy life to the fullest extent.
At High Rise Financial, we want to help Delaware car accident victims in the midst of personal injury lawsuits. We offer Delaware car accident loans with flexible terms and conditions. Our team can teach you about our car accident loans and help you decide if now is the right time to apply for one.
In This Article
- Thousands of Car Accidents Take Place in Delaware Every Year
- Calculating the Cost of a Delaware Car Accident Is Key
- Who Is Eligible for a Car Accident Loan in Delaware?
- Applying for Delaware Legal Funding Is Simple
- There Are No Restrictions on How to Use Delaware Pre-Settlement Funding
- You Pay Nothing if You Lose Your Delaware Car Accident Lawsuit
- Additional Pre-Settlement Funding in Delaware May Be Available Before You Receive Your Settlement
- Do Not Wait Any Longer to Apply for Legal Funding in Delaware
Thousands of Car Accidents Take Place in Delaware Every Year
There were 29,150 traffic crashes reported in Delaware in 2020. These crashes resulted in injuries to 7,254 people. They continue to have far-flung effects on many car accident victims and their families.
Following a Delaware car accident, a victim can seek out medical care. However, medical bills can be expensive. They can force a victim to make tough budgetary decisions to stay afloat.
It can be beneficial for a car accident victim to pursue damages from an at-fault party. Yet, doing so can take many months or years to complete. At this point, the victim may need to consider alternatives to avoid financial issues.
Calculating the Cost of a Delaware Car Accident Is Key
The estimated cost of a disabling motor vehicle injury exceeds $100,000, according to the National Safety Council. This cost varies based on the severity of the injury and other factors. Regardless, a car accident victim must plan accordingly.
Filing a personal injury lawsuit can help a car accident victim recover damages from a car accident. The lawsuit may allow the victim to receive compensation that can be used to cover their medical fees and other expenses. In the meantime, the victim must pay their bills as expected.
A Delaware car accident loan offers a short-term financial boost. The loan does not put an end to a victim’s personal injury lawsuit. Instead, the loan ensures the victim can take care of their finances until their case is resolved.
Who Is Eligible for a Car Accident Loan in Delaware?
After being involved in a car accident in Delaware, waiting for your settlement to come in may not be possible. You still need to be able to provide for yourself and your family while you deal with the consequences of your injuries. To be eligible for a car accident loan, you will need to meet our criteria. The requirements include:
- Being at least 18 years old
- Working with an attorney
- Anticipating a car accident settlement payout
Our loan specialists will need to speak with your lawyer to determine how much you are expected to be awarded, how much longer they expect it to be before your car accident claim is resolved, and how much we should authorize in pre-settlement legal funding.
Applying for Delaware Legal Funding Is Simple
It does not take long to submit an application for a Delaware car accident loan. The process can be initiated at any time. Once the process is complete, a car accident victim can get their funding without delay.
To apply for a car accident loan in Delaware, reach out for more information. Next, a car accident specialist can explain the ins and outs of personal injury loans. The specialist can also respond to any concerns or questions about these loans.
If a car accident victim decides to move forward with a loan, contact is made with this individual’s attorney. From here, the loan applicant and their attorney sign a financing agreement. Then, the applicant will receive their car accident loan.
There Are No Restrictions on How to Use Delaware Pre-Settlement Funding
A Delaware car accident loan is a great option for individuals dealing with myriad medical bills. The loan lets a car accident victim pay healthcare providers for medical treatments. It ensures the victim can receive the treatments required to fully recover from their accident.
Along with medical bills, a Delaware car accident victim can use their loan to cover the cost of daily expenses. This individual has complete control over their financing. As such, the funding can be used to pay for groceries, car expenses, and more.
Those who receive a car accident loan should account for their short- and long-term expenses. This allows an individual to minimize the risk of running out of money from their car accident loan. It positions an individual to get the most value out of their loan, too.
You Pay Nothing if You Lose Your Delaware Car Accident Lawsuit
A car accident loan is contingent on an individual settling or winning their case. This means a car accident loan is risk-free. In addition, a car accident victim is not responsible for repaying their loan if their lawsuit is unsuccessful.
For example, a car accident victim may receive a personal injury loan for several thousand dollars. The victim and their attorney can work hard to win their case. Despite their best efforts, the victim may lose their case.
In this scenario, the car accident victim and their attorney move forward from the case. The victim keeps the money provided via their car accident lawsuit. Also, the victim can pursue another car accident loan or any other personal injury financing at any time in the future.
Additional Pre-Settlement Funding in Delaware May Be Available Before You Receive Your Settlement
There can be times when a car accident victim receives a Delaware lawsuit loan that is inadequate. The victim may use up most or all of their funding before their case reaches its conclusion. At this time, the victim may worry about their finances once again.
If a car accident victim gets a lawsuit loan in Delaware but encounters financial issues during the course of their litigation, help is available. The victim can get in touch with a pre-settlement funding specialist who can review their case. This individual may qualify for extra funding to supplement their budget for the remainder of their litigation.
A pre-settlement funding specialist will do everything in their power to help a car accident victim get the right amount of financing. If a victim qualifies for additional funding, the specialist will ensure this individual gets their money right away. That way, the victim can receive money that can be used to cover various expenses.
Do Not Wait Any Longer to Apply for Legal Funding in Delaware
A Delaware car accident victim can face a long, complicated personal injury lawsuit. The legal process can quickly get out of hand, and a car accident victim may encounter financial hurdles along the way. To address these hurdles, it can be beneficial to explore car accident loan options.
High Rise Financial makes it simple to pursue Delaware car accident loans. Our team can teach you about car accident pre-settlement funding. For more information or to apply for a car accident loan, please contact us online or call us today.