When you suffer injuries in a car accident, you may find yourself stuck in the middle of a legal battle to get compensation for your injuries, the damage to your vehicle, and other related losses. Unfortunately, your bills don’t stop coming in while you wait for your claim to be resolved and the money to find its way to you.
A Washington car accident loan from High Rise Financial can help you manage your expenses while you wait for insurance companies and lawyers to sort out the details of your claim.
In This Article
Get the Washington Legal Funding You Need Now After a Car Accident
A car accident may entitle you to substantial compensation—for your medical costs, your lost wages, and your pain and suffering. In some cases, car accident settlements can total hundreds of thousands of dollars or more.
After an accident, however, you may not immediately have the funds you need to pay your bills. As your medical bills keep coming in, you might not have the capacity to work, leaving you with no source of income. Not only that, but you may also have travel expenses and out-of-pocket costs to deal with.
You may not feel you have time to wait for a claim to resolve, especially if you have creditors asking you for payments. A Washington car accident loan can help provide you with the funds you need now, so you don’t have to wait.
Getting the Pre-Settlement Funding in Washington You Need Is Easier than You Think
You can take out a loan against the settlement you will ultimately receive for your car accident injuries. When the settlement arrives, you can pay off the loan. In the meantime, you don’t have to feel the stress of mounting bills and unmanageable payments.
Reduce the Pressure to Settle
Sometimes, auto insurance companies try to drag out claims unnecessarily. This delaying tactic encourages you to accept whatever settlement they may offer, regardless of whether it actually reflects your financial needs or the losses caused by the accident. All too often, these high-pressure tactics work.
Car accident victims end up accepting a settlement offer that doesn’t take their long-term needs into account just to pay off the bills they already have. With a car accident loan in hand, though, you’ll feel less pressure to settle immediately. Since you have the funds you need to pay your bills, you can wait for your lawyer to negotiate with the insurance company to get you a compensation offer that fits your needs.
If you need to go to court to get a reasonable settlement offer, you’ll feel less frustrated about waiting for your court date—and better prepared to move through the process, however long it might take.
Feel More Confident in Your Recovery
Your medical recovery from a car accident can be incredibly complex. You may find yourself struggling to determine how to best handle your recovery, especially if your funds are low following the accident. In some cases, you may need to pay up-front for medical treatments or make payments on existing bills before your doctor will provide further services.
A car accident loan means that you have the money to cover the cost of those treatments and keep your payments with your provider current. Often, having those funds on hand means you can make better choices about your medical care so you can access the services and treatments that best fit your needs instead of leaving those choices up to the insurance companies.
How does Legal Funding in Washington Work?
Did you suffer injuries in a Washington car accident due to the negligent actions of another driver, such as a drunk or distracted driver? You deserve compensation for those injuries.
When you have a claim pending, you may not have the funds on hand to take care of your expenses or manage your medical bills, even though you deserve compensation for them. That may have a significant impact on your current finances and on your future.
A car accident loan helps eliminate that waiting period and provides you with the funds you need immediately—which can, as many of our past clients testify, make your life much easier while you recover. The loan process usually follows these four simple steps:
1. Fill Out an Application
Visit your lender’s website and fill out an application for a car accident loan. You’ll need to provide the lender with your basic contact information and details about the type of claim.
2. Provide Any Additional Information
Your lender may need to know whether you’re working with a lawyer to file your car accident claim, how much compensation you expect to receive, and the extent of your injuries. Your lender will help guide you through the details so you can feel confident about your answers.
3. Get the Lawsuit Loan in Washington that You Need
The financial aftermath of a serious car accident can be devastating. Once you have the funds from your loan in hand, though, you’ll feel much more confident about meeting your financial needs, whether you need to pay the rent or cover the cost of necessary medical treatment.
4. Repay the Loan Once You Receive Your Settlement
It’s just that easy! Once you receive your settlement or court award, you can repay the funds you borrowed from the loan and take care of your remaining financial obligations.
Contact High Rise to Apply for Washington Pre-Settlement Funding
If you’ve suffered injuries in a car accident, don’t let the financial weight become your greatest source of stress. Contact High Rise Financial today to learn more about Washington lawsuit loans and how they can help you manage your finances while you wait for a settlement after a serious car accident.