Personal injury cases in Georgia can take time before you’ve reached a conclusion. This, however, doesn’t stop you from having expenses. To avoid financially stressful situations, you can seek Georgia lawsuit funding from Preferred Capital Funding.
While pre-settlement funding can help you pay for ongoing expenses, you will also be able to give your case the time it needs for you to have a successful outcome. If you don’t have the funds to keep returning to court and the other party is doing everything they can to increase the duration of the case, you may feel pressure to settle for less than you deserve. With legal funding from us, you can prevent that from happening.
What Are the State Requirements to Get Funding?
You can apply for lawsuit funding easily. You don’t need to worry about an invasive process that looks up all kinds of personal information. We do not need to know about your credit score or current employment status. We only need to be able to tell that you’re involved in a personal injury case where you sustained financial losses and you’re seeking compensation.
There are only a few items that you need to provide. We need basic information like your name, how to contact you, and how to get in touch with your attorney.
Lawsuit funding may sound intimidating, but it’s meant to help you get the money you need so you can pay bills and other expenses until your settlement comes through. However, you should also know that the risk in settlement funding is on us and your attorney—not you. If you lose your case, you do not have to pay back the funds that we provided you with.
Some State Laws You Should Know
Auto insurance works differently in each state. Preferred Capital funding always works with the state’s laws so our pre-settlement amounts are legal and fair. In Georgia, there is a modified comparative fault system. With this system, the plaintiff has to be found less negligent than the defendant. If this is the case, then they can proceed to getting a settlement. It should be noted that the plaintiff’s compensation can be affected by their percentage of fault. If they were found to be 10 percent at fault, then they can only recover 90 percent of the compensation.
While there are many types of personal injury claims, a car accident claim is one of the most common. Those who drive are also required to have automobile liability insurance. Your insurance should cover $25,000 per person for bodily injury, $50,000 per accident, and $25,000 per accident for property damage. This coverage kicks in if you’re at fault. However, if you’re the plaintiff, it’s likely the other party was at fault. If they don’t have the insurance they’re supposed to have, then your uninsured or underinsured coverage will work here, which is the same ratio as the amounts previously mentioned.
Georgia has a statute of limitations on how long you have to file a personal injury claim. For you to get the compensation you need, you must make sure you’re acting within the window of the time allowed. Georgia citizens have two years to come forward.
You Can Get Pre-Settlement Funding in Georgia Today
You don’t have to let financial stress overwhelm you when you’re involved in a personal injury lawsuit in Georgia. Preferred Capital Funding can offer you the funds you need so you can have peace of mind.
You can fill out an application for lawsuit funding in Georgia here. It only takes minutes. Once you send it to us, our underwriters will look at your application. If it is approved, you could have funding in a day’s time. Make your recovery easier with the help of a settlement loan.
