How Much Does A Lawsuit Loan Cost?
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 is important to bear in mind that you are not negotiating a settlement in a vacuum. The party against whom you have filed your claim is not likely to say, “Sure, I will admit that it was my fault. How much do I owe you?” I have testified as an expert in more than 100 personal injury cases and have never encountered such a scenario.
It is amazing how frequently individuals who readily admit liability at the time the incident occurred, adamantly deny liability once compensation for injuries/damages sustained is pursued. In fact, in many cases, it is now you to whom liability should be ascribed, per this once docile defendant. Are you surprised? “Not really,” you hesitatingly admit.
It is essential for you to have a good personal injury attorney representing your interest if the case goes to trial. Rest assured that the other party will, in most instances, be represented by an attorney for the insurance carrier. It is not uncommon for the defense attorney did meet his/her client for the first time at the courthouse.
The critical thing to keep in mind is the fact that the defense attorney has no concern whatsoever, in almost all cases, about what happens to the defendant. The defense attorney’s motives are guided purely by a desire to serve the insurance carrier’s interests. Yes, I realize that formally the defense attorney has the defendant as a client. However, this is merely a shell- game!
Insurance carriers are held in such disdain that neither you nor your attorney will be permitted to even acknowledge that it is the insurance carrier that is, in actuality, denying your claim in the jury’s presence. A mere mention of that fact may serve as a basis for a mistrial.
Make no mistake. The insurance carrier doesn’t want to pay you a penny for your claim. It is certainly not concerned with whether you receive a fair-and-equitable settlement. It is for this reason that the suit must be filed. It is for this reason that the case drags on, in many cases, for years. Your options may be to either accept a ridiculously low offer to settle your claim or obtain a lawsuit loan to assist with expenses to enable you to pursue the case to the end.
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!
Are you confused about obtaining a lawsuit loan? Please stop by our site and find out all about the benefits of obtaining lawsuit loans and what they can do for you.