When you're badly injured, the last thing you want to think about is filling out paperwork, searching for an attorney, or trying to gather evidence. Yet, these steps are necessary if you want to collect the compensation you deserve due to someone else's negligence. The more you know about personal injury cases and hiring an attorney, the less stressful this time will be.
We've created this website to offer basic personal injury law advice for anyone who has been injured or who may become injured in the future. Keep in mind that if you've been injured in a car accident, due to medical neglect, or even by slipping in someone else's parking lot, your case qualifies a personal injury case — and thus you'll find our collection of articles relevant.
After a vehicle accident, you may be entitled to collect compensation if you were injured. You may not have to wait to be paid, however, if you utilize what is called a lawsuit loan. Ultimately, it's all about the value of your personal injury case when determining your compensation so read on and find out more.
Suffering From Financial Damages
A car accident doesn't only create physical suffering; it can also wreak havoc on your financial situation. You will undoubtedly miss work after an accident and you may be dealing with a loss of transportation. If loved ones attend to you while you are hospitalized, they may need financial support for food, gas, and even accommodations if you were hospitalized away from home. Loved ones can also miss time from their jobs while caring for you. Compensation for all of those losses will be paid to you eventually, but what happens in the meantime?
Talk to a Lawyer
As soon as you are able, consult with a personal injury lawyer. Take the police or accident report, vehicle repair estimates, a summary of your medical treatments so far, and any other information you have about the accident and your medical care with you. The lawyer will evaluate your case based on the following factors:
- Fault—The other driver should be totally at-fault for you to have a good case for compensation.
- Medical Expenses—The more serious your injuries, the stronger your case will be.
- Evidence—That includes reports, photographs, video, medical records, estimates, and eyewitness statements.
Once your lawyer evaluates your case, you will know what you might gain in compensation. You may not have to wait till your case settles or comes to trial, however.
Lawsuit Lending in a Nutshell
Before you make a move and take out a lawsuit loan, have your lawyer look over the loan paperwork and advise you on the pros and cons. In most cases, these loans only have to be paid back if you win your case. Then, the funds are sent directly to the lawsuit lenders. You should understand that these loans will reduce your compensation but can provide you with needed funds right away. The lender will contact your lawyer to verify the facts of your case and may extend a loan offer based on your chances of winning your case. If you don't win, you don't pay back any money. The funds may be used for whatever you wish, even if it's not accident-related.
This type of loan is not appropriate for all victims so speak to your personal injury lawyer about your case and about lawsuit lending.