Settlement Loans And Lawsuit Funding - Don't Get Cheated!
Have you been injured? Is there a possible lawsuit pending
? You may be unable to work for a long time. In fact, you may never be able to return to work. You might deserve a large settlement. Yet, it may take a very long time for this to happen. Meanwhile, medical bills and living expenses are piling up. Look into lawsuit funding and settlement loans to assist you in avoiding being cheated out of your settlement?
Legal representation
It is important to have good legal representation. There will be no one else in your corner. You will very likely be in dispute with an insurance company. These companies are looking out for themselves - first, last, and always! This means seeing to it that you either get nothing or the lowest amount possible.
Claim settlement
You may have the opportunity to settle your claim out of court. Never make this decision prior to discussing it with your lawyer. Many times, the initial settlement offer will be very low. It may only be a fraction of what you deserve.
Nearly every time, settlements benefit the insurance company. They have experience is these matters. They know that your case may drag out in the courts for years - and hope that it does! There is also no way to predict what a jury will decide. (In fact, insurance companies spend millions of dollars trying to make determinations as to how juries in certain parts of the country decide various types of claims.) The longer your case takes, the harder it is on you. Contrariwise, delays make it easier for the insurance company.
You may feel that settlement is your only choice. Maybe you have a great deal of medical bills. Hospitals and doctors want their money. They are not interested if you are working or not. You may also have either a house payment or rent due. If you are not working, there may be no way to pay these bills.
Legal loan
Many individuals in such situations are able to obtain either lawsuit funding or settlement loans. This may provide money for medical bills and living expenses. This may give you the time to hang in there, until your case is settled. Individuals are not required to repay lawsuit loans unless they prevail in the underlying litigation.
Conclusion
An out-of-court settlement will usually benefit the insurance company. They know that you can only wait so long. Lawsuit funding and settlement loan may be the answer to your problems. You can have the necessary money to cover the expenses you will incur during litigation. This may allow you to obtain a much better settlement.
by: Dr. Tom Rhudy.
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