How long will my case take? When will I
receive my settlement? Why should it take years to get compensation for injuries caused
by the wrongdoing of another? These are not uncommon questions from
personal injury plaintiffs, especially those worrying about finances. Unfortunately,
there is no clear-cut answers. Every fact, injury, and party involved differs.
The personal
injury litigation process begins when you retain an attorney. Your attorney
will then contact the insurance company for the negligent party and begin the
process of investigating your case. This could include conducting depositions,
hiring accident reconstruction experts, interviewing witnesses and a host of
other time-consuming steps designed to prove that the defendant was at fault.
Another
reason a settlement can take a long time is determining the extent of injuries
incurred and the necessary treatment. It is important to fully evaluate your
injuries because once you accept a settlement offer or achieve a verdict,
the decision is final. You can't go back and request more money if you later discover
your injuries are more extensive than you first thought.
The defendant’s insurance company owes you
no duty to settle quickly. If liability is hard to prove, the insurer is not
likely to make a reasonable settlement offer until your attorney can prove fault.
Even then, insurance companies know most plaintiffs are typically in a hurry to
settle, especially if financially strapped. They will use this to their
advantage by denying and delaying a claim hoping you will settle for far less
than full case value. They do this by requiring document after document to support
your injuries and treatment and to prove your case. You will be grilled over the
smallest details – anything to deny the claim.
If your case goes to trial, it may take years
to be scheduled; two to three years is not uncommon. Let’s assume you finally
get a court date and ultimately win your case. There could quite possibly be an
appeal, starting a whole new series of legal
proceedings that can last several more months or years. In any scenario, a
long legal process can drain an injured victim emotionally and financially. What
if you simply can’t wait; you need money now?
In today's marketplace, lawsuit funding companies can help
you obtain a lawsuit cash advance on your future settlement. Lawsuit funding is
a cash advance to help litigants maintain financial health while waiting for a
case settlement or verdict. The only conditions for eligibility are a
serious injury, a strong case and attorney representation. Approval of a cash
advance is not contingent on your credit or employment history, and there are
no monthly payments. When the case settles, the funding company is repaid - not
a day sooner. A lawsuit cash advance is provided on a non-recourse basis,
meaning that if the case does not settle, the lawsuit advance is forgiven and
you are not obligated to pay a cent.
Applying for lawsuit funding
is quick, easy and free! Once approval is determined, funds can be wired within
24-48 hours and available for immediate use. The money advanced can be used
anyway you wish, but is usually for necessities such as the mortgage, rent,
auto payments, medical bills and monthly household expenses.
It is important to note that lawsuit
funding is not a solution for every case, but it has helped thousands stand on
solid financial ground while awaiting a settlement. Talk to your attorney to
determine whether it is an option you should pursue. If so, contact Lawsuit Financial today for a free
case evaluation.
About Lawsuit Financial
Lawsuit Financial Corporation is a pro-justice lawsuit
funding company that seeks to educate plaintiffs and attorneys about
lawsuit funding. Our company is an attorney owned and operated full service
legal finance company recognized by attorneys nationwide as a preferred choice
for legal funding services. Mark Bello, CEO and General Counsel, is recognized
as an expert in this field, both as an underwriter of these transactions and as
an advocate for appropriate treatment of plaintiffs/clients in this industry
and in litigation.
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