Has someone else's negligence resulted in an injury to either you or a loved-one? Do you only have one car and it is no longer safe to drive? Are you unable to work due to your injuries?
Are the bills continuing to mount up, in spite of your inability to pay because you are quickly running out of money?
Is a lawsuit loan a possible solution? If it is, how do you know whether it will be approved for funding?
You've asked the right question. Here are 5 steps for you to follow to make sure that you get your lawsuit loan accepted:
1. If you haven't retained an attorney, delay no longer. Lenders are very unlikely to even consider giving a loan to an unrepresented claimant. An attorney guides the lender in assessing the merits and value of your claim as quickly as possible.
A knowledgeable individual able to assist the lender in obtaining the following necessary information is a must:
The lender must be able to work with a knowledgeable individual who is able to obtain necessary information regarding the following:
b. Who will be responsible for paying the claim?
c. Where are motions to be filed and against what party are motions to be filed?
d. What motions are to be filed with the court?
e. Are depositions required?
f. Are there witnesses from whom statmenents must be obtained?
f. Witness statements.
2. Ensure that you provide the correct name of your attorney to the lender. A lawsuit loan may be, and often is, denied due to the fact that the application has an incorrect name for the attorney-of-record.
2. Provide the lender with your attorney's correct name. Many lawsuit loans are denied simply because the application is submitted with an incorrect name for the attorney.
3. The lender must have your attorney's correct contact information, to include, but not necessarily limited to, telephone number, fax number, etc. Your lawsuit loan may be denied simply because you provided incorrect contact information to the lender.
Your failure to follow up may, once again, result in denial of the funding requested.
These easily correctable errors should not serve as the baisis for a denial of the lawsuit loan requested.
Don't allow your claim to be denied due to these simple, easily correctable errors.
Frequently, payers, most often insurance carriers, hurry you along the process, attempting to obtain waivers to prevent you from pursuing a claim against the party it insures.
Disaster may befall you if you sign the waiver. Although the payer will be very happy, such a mistake may cost you tens of thousands of dollars. Weigh your options very carefully!
Once you sign a waiver, you very likely will no longer possess the ability to file further claims. Great for the insurance carrier, but it may be disastrous for you! Don't do it!
Neither accept calls from nor contact the insurance carrier once you retain an attorney. Once you open that door, you may defeat the purpose of retaining an attorney in the first place.
Your attorney's permission is typically required prior to an insurance carrier being able to contact you once you are represented (i.e., retained an attorney).
Insurance carriers are customarily prohibited from contacting you once you are represented (i.e., retained an attorney). However, in most cases they may discuss the case with you if you "open the door" to such communication.
Your attorney is charging you a fee for representing you. Make your attorney earn that fee! - 29969
Are the bills continuing to mount up, in spite of your inability to pay because you are quickly running out of money?
Is a lawsuit loan a possible solution? If it is, how do you know whether it will be approved for funding?
You've asked the right question. Here are 5 steps for you to follow to make sure that you get your lawsuit loan accepted:
1. If you haven't retained an attorney, delay no longer. Lenders are very unlikely to even consider giving a loan to an unrepresented claimant. An attorney guides the lender in assessing the merits and value of your claim as quickly as possible.
A knowledgeable individual able to assist the lender in obtaining the following necessary information is a must:
The lender must be able to work with a knowledgeable individual who is able to obtain necessary information regarding the following:
b. Who will be responsible for paying the claim?
c. Where are motions to be filed and against what party are motions to be filed?
d. What motions are to be filed with the court?
e. Are depositions required?
f. Are there witnesses from whom statmenents must be obtained?
f. Witness statements.
2. Ensure that you provide the correct name of your attorney to the lender. A lawsuit loan may be, and often is, denied due to the fact that the application has an incorrect name for the attorney-of-record.
2. Provide the lender with your attorney's correct name. Many lawsuit loans are denied simply because the application is submitted with an incorrect name for the attorney.
3. The lender must have your attorney's correct contact information, to include, but not necessarily limited to, telephone number, fax number, etc. Your lawsuit loan may be denied simply because you provided incorrect contact information to the lender.
Your failure to follow up may, once again, result in denial of the funding requested.
These easily correctable errors should not serve as the baisis for a denial of the lawsuit loan requested.
Don't allow your claim to be denied due to these simple, easily correctable errors.
Frequently, payers, most often insurance carriers, hurry you along the process, attempting to obtain waivers to prevent you from pursuing a claim against the party it insures.
Disaster may befall you if you sign the waiver. Although the payer will be very happy, such a mistake may cost you tens of thousands of dollars. Weigh your options very carefully!
Once you sign a waiver, you very likely will no longer possess the ability to file further claims. Great for the insurance carrier, but it may be disastrous for you! Don't do it!
Neither accept calls from nor contact the insurance carrier once you retain an attorney. Once you open that door, you may defeat the purpose of retaining an attorney in the first place.
Your attorney's permission is typically required prior to an insurance carrier being able to contact you once you are represented (i.e., retained an attorney).
Insurance carriers are customarily prohibited from contacting you once you are represented (i.e., retained an attorney). However, in most cases they may discuss the case with you if you "open the door" to such communication.
Your attorney is charging you a fee for representing you. Make your attorney earn that fee! - 29969
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