When you are hurt in an automobile, truck, or motorcycle accident you may suffer injuries that are serious enough to alter your life in a dramatic way. People are often unable to work after an accident, it’s difficult to pay medical bills and household expenses and they need relief immediately. Creditors, mortgage companies, and landlords expect to be paid and they are not concerned about your misfortune.
If you are involved in an accident that was not your fault it seems reasonable that you should receive compensation for lost time from work, pain, injuries, and damages to your vehicle immediately. But, that’s not usually the case. So, what can you do?
There are many options, and each one is going to depend on the specifics of the case. The first thing to do is to seek out an experienced attorney who has a history of helping people in these situation and who gets results.
Your attorney will examine every detail related to the case, including physical injuries, property damage, and insurance coverage. Often insurance companies don’t want to pay and we have to be persistent. The process must move expeditiously because time is money and we will not stand by while our client is in financial or physical distress. A qualified attorney will understand that your need for justice is first and foremost, but that speed is also very, very important. Many people will face financial hardships while everything is sorted out and they may turn to borrowing money to cover their bills. When this happens some victims may consider personal loans, using their credit cards to live on, or even a lawsuit loan.
Lawsuit Loans – A lawsuit loan (also called a lawsuit cash advance, litigation financing, lawsuit funding, and settlement funding) is a cash advance against a future lawsuit judgment or settlement award. You will want to move very carefully before you choose lawsuit funding. Borrowing against a future settlement or judgment can help you deal with short-term financial hurdles but may cost you a lot in the long run.
Once again, the best thing to do is obtain advice from a professional who has dealt with these situations over a period of many years.
One of the first things we do at Lazarus & Lazarus is establish expectations. We lay out in plain talk what the case looks like and what our clients can expect in terms of our performance, and we write down a timetable for each case. We have learned that it’s wrong to raise expectations by making unrealistic promises. On the other hand, we work very hard to build a solid and strong case for every client so that it has the best chance to establish the truth and get the results and compensation that are appropriate.
Reaching out to us is easy, just call 954-356-0006 and we’ll be happy to set up a confidential consultation.
Recent Comments