3 Quick Guidelines About Disability Lawsuit Loans
When you suffer a disability that causes you to be out of work for a year or more, it is natural for you to worry and be concerned. After all, you still need to survive and put food on the table. You still have obligations that need to be fulfilled and pay your mortgage or rent and all kinds of other bills. Where is the money going to come from, now that you can’t work?
Without money coming in, your troubles will surely mount to the point where you just cannot cope. Well, you can apply for a disability lawsuit loan. Here is a simple guide to explain how seeking an attorney’s help can see you through these stormy waters.
1. Meet Criteria
You can get disability benefits from the government but you must also meet certain criteria before that will happen. For example, your disability (or illness) must be something that is expected to keep you from work for at least a year, if not more. You must also provide evidence from a doctor to state that your disability or illness is real and is expected to last for a year or more.
You will need to play your part and leave no stone unturned in providing as much information so that your doctor can try to help you. Any benefits you receive will be most welcome since you can pay your bills and not be made to suffer from penalties as a result of late payments. However, many applications are turned down, so you need to be aware of that. If that were to happen, you can seek legal help.
2. Disability Lawsuit Loan
In the event that your application is denied, it is more than possible for it to be overturned with the help of an attorney. So, if you are denied, do not be too despondent or give up. However, you need to be aware that these cases can drag on. It can go back and forth between the parties involved, causing the case to drag on for weeks or even many months, depending on an individual’s case and how strong it is. This is why you need to be meticulous with your documentation and make sure any and every bit of information that can help is brought forth.
This, of course, does not help your immediate cause. You still need money coming in now, not 11 months later. If you are lucky enough to have things run smoothly and you receive funds quickly, then you are alright, but if there is a delay, this is where a lawsuit loan can help you tremendously.
3. How It Works
If your case is strong enough and is thought that it will be settled in your favour, then a disability lawsuit loan can be given to you. Think of it as a cash advance. You receive funds to pay your bills and survive for a while until you get a settlement. Your case must be considered as one that has a very good chance of being settled in your favour.
The lawsuit cash advance is pretty fast. You provide documentation and if it is satisfactory, the lender sets up a contract for you to sign and within a couple of business days, you will receive money directly into your bank account. Isn’t this better than waiting for months on end? Be sure to seek an attorney’s help because they can guide you through the whole process and completely ease your stress.