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Handling Your Finances in a Lawsuit Case

Posted January 22, 2013 by Zac grace to Financial Advice 0 0
This post was written by a EasyFinance.com Community member. The views expressed below may not reflect the views of EasyFinance.com.

Are you getting into a lawsuit against someone or a company who have caused you or your loved one to succumb into disability or major physical injury because of negligence? Have you tried all means to get them to pay but they just deny you your right to get settlement money from the damage they have caused? If your answer to both questions is yes, then don't forget to get the best physical injury attorney to get that financial settlement. In addition, getting a personal injury attorney can help you manage law suit finances as well.


How a Physical Injury Attorney Works?


When you finally decide to get the help of a physical injury attorney and file a lawsuit, the very first thing that he or she will do is to send a letter to the defendant. The letter will usually contain the nature of the case, how it affected you financially, physically and sometimes emotionally. Your attorney will usually wait for 30 days from the moment the letter was sent to the defendant's party to reply.
In 30 days or less, the other side is expected to study the claim before any negotiation process takes place. When the other party does not reply or when the settlement money is not enough, your attorney will not take it to the court. The other party will usually deny and have the case dismissed due to lack of sufficient evidence. So to avoid dismissal, you should not miss getting any of these evidences: witness statements, medical records, pictures, expert statements and police records. Don't forget your law suit finances too.


Law Suit Finances


What if you don't have enough money? What if your injury needs immediate medical attention, but you don't have enough funds? Where can you get law suit finances? Well, one popular way of getting law suit finances is through pre-settlement law suit finances. This is usually used by physical injury plaintiffs to acquire enough financial support. It is not categorized as loan and is considered as a cash advance. The plaintiff is expected to return the same amount to the lender after winning the case. If the plaintiff however loses, he or she will not need to pay anything back. This is called a non-recourse funding. If the settlement money is less than what his pre-settlement cash advance is, then he or she will only pay a fraction of the cash advance.


Who can apply for pre-settlement law suit finances?


As you might know, personal injury cases can last for months and years. Some people do not have the time to wait for it. That is why pre-settlement law suit finances are provided to help. Clients who can avail this program do not have to settle for early and cheap settlement. Here is a short list of cases that can avail a pre-settlement law suit finances:


Dog Bites. One of the most common personal injury cases is getting bitten by dogs. There are about 20 people who die and around 800,000 seek medical help each year because of dogs. If you have a strong case against dog bite and needs the money as soon as possible, you can apply for a pre-settlement law suit finances. Dog bites can be extremely dangerous, so if you do not have the money, then you are in trouble.


Medical Malpractice. Another case that can receive law suit finances. If you know someone who received the wrong medication and has led to severe physical injury or worse death, you know how difficult it is because it can be financially depleting to fight against a medical institution or professional. However, they don't need to worry anymore because they can definitely get law suit finances from lending institutions to help them with medical expenses, daily expenses especially if the victim is the breadwinner of the family and trial expenses.


Slip and Fall Accidents. One of the most common lawsuits in the US, the slip and fall accident may sound uncomplicated, but it has certainly destroyed the lives of many. This case can affect the physical ability of the victim forever.


The pre-settlement law suit finances provided by some institutions can undoubtedly help victims cope up with financial difficulties that the case brings. In addition, if you are eligible for a pre-settlement law suit finances, then there are high chances that you can win the case.

About Zac grace: Zac Grace is a marketing expert and writer for several businesses, he also writes on behalf od David Marocchi of Paramount Lawyers, Sydney. 

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