Are you in the middle of a personal injury lawsuit right now? Is it going to be months before you see any type of monetary compensation for your pain and suffering? Or, maybe you?re just getting started with your battle, and the target of your lawsuit is trying to settle with you for very little, much less than you deserve; you?re tempted to take it simply because you don?t know if any better result can be achieved, but you know it really isn?t sufficient. Either way, settlement loans can actually help you win your personal injury lawsuit case, fairly. How? First, a bit about settlement loans and what they are.
What are settlement loans?
These loans (also called lawsuit loans) are made to you by a company that specializes in lawsuit loan financing. The company in question takes a look at your case and determines whether or not it is valid. If it is, they lend you a portion of your expected proceeds from a settlement or pending jury award, usually about 10%.
Now, here is the kicker. If you win your case, you pay them back what they lent you plus fees and interest. If you lose, though, you owe them nothing.
How can settlement loans help you win your case fairly?
Think about this: if you have months to wait until your case is decided, or if the offending party in your lawsuit is offering you a small settlement in exchange for simply dispensing with the situation, pretty much, you are in a quandary. If you are waiting for your settlement or jury award to come to fruition, you?re probably struggling financially. Lawsuit loans (or litigation financing) can help you with the situation because you will have money to live until your settlement comes through.
This is important, because that gives your lawyer the ability to truly fight fairly, giving you the money you deserve instead of the monetary settlement that will come through most expediently. Because you can fight for what you deserve instead of what you simply ?get,? you are likely going to get a much more fair settlement than you would otherwise.
With a jury award, you simply have to wait until the trial winds down to see what the outcome is. Again, this is time you may not be able to afford. Lawsuit loans give you the money you need to live, so that you don?t have to worry.
A couple of caveats are that your lawyer has to sign off on the lawsuit loan, too, and your lawyer must have been hired on contingency. But remember, this litigation financing has no risks. If you win, yes, you pay it back, but if you lose, you owe nothing. What could be better?
Source: http://siegel-legal.com/?p=267
prometheus movie indianapolis colts posterior michelle obama adam lambert arrested shroud of turin barkley
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন