Lawsuit Loan in 5 Easy Steps

Have you been injured due to someone else’s negligence? Is the only car you have no longer safe to drive? Are your injuries keeping you from being able to work?

Are the bills continuing to mount up, in spite of your inability to pay because you are quickly running out of money?

A lawsuit loan may be your solution!

What a great question! These 5 keys are identified to provide you with the roadmap you need to get your lawsuit loan accepted:

1. You must have an attorney. You will find that most, if not all, lenders will refuse to work with you if you do not have an attorney, and you will be unable to obtain the funds sought. The attorney is necessary to assist the lender in finding out, as effortlessly as possible, the merits and value of your case.

A knowledgeable individual able to assist the lender in obtaining the following necessary information is a must:

a. Who is at fault?

a. Party responsible for injury.

b. Insurance information.

d. Where is the jurisdiction in which the motions are to be filed?

d. Motions that must be filed with the court.

f. Are witness statements necessary?

g. There is so much more information that your attorney will provide.

g. Much, much more.

If you fail to follow up to ensure that the correct attorney’s name is provided, your claim will be denied and you’re left wondering why.

If you fail to follow up, your request for funding will be denied and you’ll have no clue as to why.

Your request for funding will likely be denied if you fail to follow up and provide correct informaiton.

These easily correctable errors should not serve as the baisis for a denial of the lawsuit loan requested.

4. Do not waive your rights to pursue a claim against those who harm you by carelessly signing paperwork the other party shoves under your nose.

4. Do not sign paperwork in which you waive your rights to pursue a claim against the party who injured you (i.e., tortfeasor).

Disaster may befall you if you sign the waiver. Although the payer will be very happy, such a mistake may cost you tens of thousands of dollars. Weigh your options very carefully!

Discuss the matter with your attorney prior to signing any waiver!

Do not sign any waivers prior to discussing this with your attorney!

5. Once you have an attorney, neither contact the insurance carrier nor accept calls from the insurance carrier prior to discussing this with your attorney.

Insurance carriers are customarily prohibited from contacting you once you are represented (i.e., retained an attorney). However, in most cases they may discuss the case with you if you “open the door” to such communication.

However, in most cases they may discuss the case with you, requesting statements under oath, waivers, etc. if you open the door by initiating the discussion. Let your attorney earn the fee!

Looking to find the best deal on your lawsuit loan, then visit us to find the best advice on settlement loans for you.