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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.
As the plaintiff, you will be amazed at the fact that the party who readily admitted liability when the incident occurred, now denies any liability whatsoever once you seek compensation for damages/injuries sustained. Frequently, you will find that the other party is now attempting to assign liability to you. It should come as no surprise that the other party is not willing to admit liability once litigation is underway. That’s why they call 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.”
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.
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?
Still convinced the lawsuit loan cost too much? You should really ask yourself the question, “Do lawsuit loans cost or pay?” It’s your decision!
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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