Personal Injury: Settlement Trial & Funding

Personal injury lawsuits can impact a victim both physically and monetarily. While we can’t help heel your wounds we can certainly assist you in obtaining personal injury funding for your case. If you need money to help you stay afloat, contact LawLeaf today.

If you have consulted with a personal injury attorney you may now understand that most cases don’t make it court. If fact the majority of personal injury cases settle out of court, saving money for both the attorney and defense. While this may be true there is no real guarantee that a case will reach settlement;  the attorney must always be prepared to take the appropriate steps in obtaining the best possible outcome, which sometimes can result in taking the case to court.

The reason why some people decide to secure lawsuit funding is because their case could be months away from a settlement or perhaps the defense won’t agree to a fair settlement amount. Initially a lot of work is done prior to the settlement. The attorney may gather information such as key witness statements, photographs, police reports, etc. This information is used to gain more information on how the accident occurred and to help establish liability. Another important factor is gaining the necessary information on the physical condition of the victim. An attorney will need to gather medical records, medical bills, employment records and other information necessary to document the expenses related to the accident. This information is also valuable in figuring out the total compensation a plaintiff may receive.

Once your attorney has gathered the necessary information and put a value on the claim, they will contact the insurance company for a formal offer. If the plaintiff is unable to obtain a fair settlement offer from the insurance company through the negotiation process, more than likely the attorney will file a lawsuit and demand arbitration.

The time between filing a lawsuit and requesting a trial date can take a month or longer. The trial date is set and unfortunately it’s out of the control of both the plaintiff and defense; it depends upon how busy the court is at the time the lawsuit was filed.

The amount of time that lapses between an accident occurring and the case to reaching trial can take several months to over a year. It can equally take as long to finally reach a settlement dependent upon the severity of the accident. In the event the plaintiff is not in the financial position to await settlement or trial they can secure a lawsuit cash advance against future proceeds from the case.

If you are involved in a personal injury lawsuit and looking to secure pre settlement or post settlement funding, contact LawLeaf today. For additional information on personal injury funding visit LawLeaf.

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