Does A Lawsuit Loan Cost Or Pay?

The cost of a lawsuit loan is the question most applicants ask when they visit our site. The problem with the question is that it doesn't really make sense! It is the wrong question to ask for those individuals seeking settlement funding.

Remember, you will not be negotiating your settlement in a vacuum. When you file your claim, it is very unlikely that the other party is going to readily admit liability. As an expert witness, I've testified in more than 100 personal injury cases and have never encountered a situation in which the defendant readily admitted liability if the case actually goes to trial.

As the plaintiff, you will be amazed at the fact that the party who readily admitted liability when the incident occurred, now denies any liability whatsoever once you seek compensation for damages/injuries sustained. Frequently, you will find that the other party is now attempting to assign liability to you. It should come as no surprise that the other party is not willing to admit liability once litigation is underway. That's why they call it an adversarial system.

When you file a claim against an individual who causes you harm/injury, it is likely that the individual will have an insurance carrier that will proffer a defense of its insured's actions. Frequently, the attorney who defends the individual against whom you file your claim meets the defendant for the first time at the courthouse.

It would be extremely helpful for you to realize that the defense attorney's motives have nothing to do with the party against whom you filed your claim. The defense attorney's motives are purely directed at the insurance carrier that is paying the bill. Of course, I'm fully aware of the fact that the defense attorney formally represents the party against him he found your claim. However, this is a sham.

Insurance carriers are held in such disdain that neither you nor your attorney will be permitted to even acknowledge that it is the insurance carrier that is, in actuality, denying your claim in the jury's presence. A mere mention of that fact may serve as a basis for a mistrial.

Hopefully, this article will dispel any notion that you may have had that the insurance carrier is interested in seeing to it that she obtained a fair-and-equitable settlement. In fact, the insurance carrier doesn't want to pay you a dime on your claim. If it weren't for this fact, no suit would have been filed. If it weren't for this fact, your case would not be dragging on, in many cases, for years. It is at this point which are options are customarily limited to either accepting in reasonable settlement offer the insurance carrier makes, or obtaining a lawsuit loan that would permit you to pursue the action to an appropriate conclusion.

Does a lawsuit loan cost or pay? You decide.

Are you confused about obtaining a lawsuit loan? Please stop by our site and find out all about the benefits of obtaining lawsuit loans and what they can do for you.