Georgia is one of the densely populated states in the US. The state has a lot of people who are going through different legal cases. In Fulton County, Georgia, 11.8 percent of cases are related to medical malpractice.
If you are a plaintiff in a legal case in Georgia and are waiting for a settlement, you may be wondering how you will pay your bills.
You may also be concerned about how long the process will take. But, a settlement loan can help you through this difficult time.
Here are some benefits of getting settlement loans in Georgia:
You Can Use the Money to Pay Your Bills While Waiting for a Settlement
Georgia has a five-year statute of repose which cuts off all medical malpractice lawsuits five years after the action that gave rise to your injury. It can be long to wait for a settlement, especially if you have mounting bills. A settlement loan in Georgia can help you pay your bills while waiting for your case to settle.
If you have been injured by the negligence of another person or company, you can file a personal injury lawsuit in Georgia. If you are more successful, you may be entitled to compensation for your medical expenses, lost wages, and pain and suffering. It can take months or even years to receive a settlement from a personal injury lawsuit.
The Process is Fast and Easy
The significant benefit of applying for settlement loans in Georgia is that the process is fast and easy. You can apply for a loan online and receive funding within 24 hours. There are no credit checks or employment verification required.
It means that you can get the cash you need to pay for medical bills, personal health, living expenses, and legal fees without worrying about how you will make ends meet.
Settlement loans are a great way to level the playing field in your legal case. If you have been injured or wronged and cannot work, you can get the financial assistance you need to continue pursuing your case. Contact a settlement loan provider today to learn more about how they can help you.
You Don’t Need Good Credit to Get a Settlement Loan
When you wait for your case to settle, the last thing you want is another financial stressor. Many people think they need good credit to be approved for a loan, but that is not the case with settlement loans.
The eligibility depends only on things like:
- The amount of money you are requesting
- The strength of your case
- How long you have been working with your attorney
If you have a strong case and need some help making ends meet until it settles, a settlement loan can give you peace of mind and financial stability.
There are no prepayment penalties, so you can pay off your loan early if you want to. However, it helps to have options and not feel like you are waiting for your life to start again.
Whether you’re in the middle of a long and grueling legal battle or have just been served with papers and feel overwhelmed, a settlement loan can provide much-needed financial assistance. If you think this loan is right for you, do your research and work with a reputable lender.