The cost of a lawsuit loan is the question most applicants ask when they visit our site. The problem with the question is that it doesn't really make sense! It is the wrong question to ask for those individuals seeking settlement funding.
It should be borne in mind that you will not be negotiating your claim in a vacuum. In fact, it is very unlikely that the other party is going to readily admit liability. Yes, I'm quite certain that the other party readily admitted liability at the time the incident occurred. This is a frequent occurrence. However, as an expert witness in more than 100 personal injury cases, I've never encountered this in a case that actually went to trial. At trial, you're likely to encounter a reticent defendant.
Remember that individual you encountered at the time the incident occurred? You know, the individual who readily admitted liability. You may be surprised to see how adamantly that individual now denies any liability whatsoever when you begin to pursue that individual for compensation to recover for injuries/damages you sustained. In fact, according to the other party, it is you, not he, who is responsible for the entire thing! (This is why we called it an adversarial system.)
You are advised to retain a knowledgeable personal injury attorney to represent your interests if the case does go to trial. Make no mistake, the defendant, in almost all cases, will be represented by an attorney who obtains most of his/her revenue from insurance carriers. In fact, in many instances, the defense attorney meets the client for the first time at the courthouse.
The key to understanding the defense attorney's motives is that you realize that the attorney represents the insurance carrier, not the defendant. Yes, the defendant is formally identified as the defense attorney's client. However, this is all "smoke-and-mirrors."
Remember, in most instances, your claim will actually turn out to be against the insurance carrier. Insurance carriers don't make money by paying out claims without hesitation. It is the insurance carrier's reputation for denying virtually every claim submitted to it that has created the disdain many individuals have toward insurance carriers. It should be borne in mind that neither you nor your attorney, in the presence of the jury, will be permitted to make any reference whatsoever to an insurance carrier that may be ultimately on-the-risk to pay the claim. In fact, if either of you even mention the word insurance carrier in the prosecution of your claim, the defendant may seek and, in many instances, obtain a mistrial.
Hopefully, this article will assist in setting-aside any belief that the insurance carrier responsible for paying your claim has any interest whatsoever in seeing to it that you're treated fairly in the case. In fact, the insurance carrier doesn't want to pay you a penny. If this were not the case, you would not have filed a lawsuit in the first place. If this weren't the case, your claim would have been settled, in many instances, years prior. It is at this juncture that you are often faced with a decision. Will you accept the unreasonably low offer that the insurance carrier has placed on the table, or will you obtain a lawsuit loan to enable you to meet expenses so that you can pursue your claim to its conclusion?
You see, the question really isn't, "How much does a lawsuit loan cost?" The real question is, "Does settlement funding cost or pay?" You decide!
It should be borne in mind that you will not be negotiating your claim in a vacuum. In fact, it is very unlikely that the other party is going to readily admit liability. Yes, I'm quite certain that the other party readily admitted liability at the time the incident occurred. This is a frequent occurrence. However, as an expert witness in more than 100 personal injury cases, I've never encountered this in a case that actually went to trial. At trial, you're likely to encounter a reticent defendant.
Remember that individual you encountered at the time the incident occurred? You know, the individual who readily admitted liability. You may be surprised to see how adamantly that individual now denies any liability whatsoever when you begin to pursue that individual for compensation to recover for injuries/damages you sustained. In fact, according to the other party, it is you, not he, who is responsible for the entire thing! (This is why we called it an adversarial system.)
You are advised to retain a knowledgeable personal injury attorney to represent your interests if the case does go to trial. Make no mistake, the defendant, in almost all cases, will be represented by an attorney who obtains most of his/her revenue from insurance carriers. In fact, in many instances, the defense attorney meets the client for the first time at the courthouse.
The key to understanding the defense attorney's motives is that you realize that the attorney represents the insurance carrier, not the defendant. Yes, the defendant is formally identified as the defense attorney's client. However, this is all "smoke-and-mirrors."
Remember, in most instances, your claim will actually turn out to be against the insurance carrier. Insurance carriers don't make money by paying out claims without hesitation. It is the insurance carrier's reputation for denying virtually every claim submitted to it that has created the disdain many individuals have toward insurance carriers. It should be borne in mind that neither you nor your attorney, in the presence of the jury, will be permitted to make any reference whatsoever to an insurance carrier that may be ultimately on-the-risk to pay the claim. In fact, if either of you even mention the word insurance carrier in the prosecution of your claim, the defendant may seek and, in many instances, obtain a mistrial.
Hopefully, this article will assist in setting-aside any belief that the insurance carrier responsible for paying your claim has any interest whatsoever in seeing to it that you're treated fairly in the case. In fact, the insurance carrier doesn't want to pay you a penny. If this were not the case, you would not have filed a lawsuit in the first place. If this weren't the case, your claim would have been settled, in many instances, years prior. It is at this juncture that you are often faced with a decision. Will you accept the unreasonably low offer that the insurance carrier has placed on the table, or will you obtain a lawsuit loan to enable you to meet expenses so that you can pursue your claim to its conclusion?
You see, the question really isn't, "How much does a lawsuit loan cost?" The real question is, "Does settlement funding cost or pay?" You decide!
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Are you in need of information regarding the best deal on a lawsuit loan? If so, we encourage you to visit us to obtain information regarding the benefits of lawsuit loans today.
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