It is not uncommon after being the victim of an auto
accident that you do not understand your legal rights or where to turn to for
help. You will likely be contacted by an
insurance claims adjuster from the other party soon after the accident happened. While an attorney may not always be needed
when it comes to injury and medical damages it is recommended to consult one
prior to speaking with the claims adjuster.
A personal injury attorney can help determine your rights
and a potential settlement value on your case. There are many questions that surround a lawsuit. What is my
case worth? Will I win? Should I settle?
How long does it take before getting paid? Some things that need to be
considered are:
- Medical Expenses including treatments, doctor visits, hospital visits etc.
- Future Medical Expenses – These costs are associated with ongoing medical costs associated with the injury.
- Lost Income – Lost income from not being able to return to work due to injuries.
- Property Damage including repairs to your vehicle or a replacement.
- Pain & Suffering
Seeking fair compensation and
justice can be a long process. The insurance company will often drag its feet
hoping you will settle for less than full case value. When you experience financial duress due to mounting
ordinary and extraordinary expenses and possibly loss of income, any offer is
tempting, but there is an alternative known as lawsuit funding.
Lawsuit funding is a non-recourse cash advance against your
pending claim. Credit history and employment status
are irrelevant to qualify for a lawsuit funding and there are no upfront fees
or monthly payments. The primary factor
for determining a plaintiff’s eligibility for funding is the strength of the
case. Once approved, funds
can be available to the plaintiff within 24 - 48 hours. When finances are under
control, it is much easier to focus on healing while your attorney fights your
case. In the unlikely event you do not successfully win
your case, you are under no obligation to repay the case advance.
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