The foregoing is one of the, if not the, most frequently asked questions posed to us. The problem with the question is that it is not the question individuals considering a lawsuit loan should ask!

It should be borne in mind that you will not be negotiating your claim in a vacuum. In fact, it is very unlikely that the other party is going to readily admit liability. Yes, I’m quite certain that the other party readily admitted liability at the time the incident occurred. This is a frequent occurrence. However, as an expert witness in more than 100 personal injury cases, I’ve never encountered this in a case that actually went to trial. At trial, you’re likely to encounter a reticent defendant.

Remember that individual you encountered at the time the incident occurred? You know, the individual who readily admitted liability. You may be surprised to see how adamantly that individual now denies any liability whatsoever when you begin to pursue that individual for compensation to recover for injuries/damages you sustained. In fact, according to the other party, it is you, not he, who is responsible for the entire thing! (This is why we called 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.

The key to understanding the defense attorney’s motives is that you realize that the attorney represents the insurance carrier, not the defendant. Yes, the defendant is formally identified as the defense attorney’s client. However, this is all “smoke-and-mirrors.”

You should also note that insurance carriers do not make money by readily paying claims. In fact, insurance carriers are held in such disdain, due to their tenacious denial of claims filed, that neither you nor your attorney will be permitted to even refer, in the presence of the jury, to the fact that the other party has an insurance carrier that will be paying the claim once it is settled. Interestingly, the mere mention of this fact may serve as a basis for the defendant to obtain a mistrial.

Make no mistake. The insurance carrier doesn’t want to pay you a penny for your claim. It is certainly not concerned with whether you receive a fair-and-equitable settlement. It is for this reason that the suit must be filed. It is for this reason that the case drags on, in many cases, for years. Your options may be to either accept a ridiculously low offer to settle your claim or obtain a lawsuit loan to assist with expenses to enable you to pursue the case to the end.

You see, the question really isn’t, “How much does a lawsuit loan cost?” The real question is, “Does settlement funding cost or pay?” You decide!

Are you in need of information regarding the best deal on a lawsuit loan? If so, we encourage you to visit us to obtain information regarding the benefits of lawsuit loans today.

Related posts:

• Lawsuit Loan: I Have Been Involved in a Car Accident. What Are My Chances of Obtaining a Lawsuit Loan? (Part III)
• Get Your Lawsuit Loan by Following the 5 Keys Identified Here!
• How Do You Go About Obtaining a Lawsuit Loan Following an Auto Accident?
• Lawsuit Loans – What Is a “Commercial Liability” Claim?
• Chiropractors – Their Impact on Your Chances of Obtaining Lawsuit Loans? Part I