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5 Keys to Get Your Lawsuit Loan - Now!


Article Written By: Dr. Tom Rhudy

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Has someone's negligence resulted in injuries that prevent you from working? Has that negligence taken your only car out of commission? Did that negligence result in serious injury for either you or a loved-one?

Are you quickly running out of money to pay the bills that keep pouring in, irrespective of your inability to pay?

Your solution to this mess may be a lawsuit loan! However, what guarantee do you have that even if you submit an application it will be approved for funding?

What a great question! These 5 keys are identified to provide you with the roadmap you need to 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. Who is at fault?

-. Party responsible for injury.

b. Insurance information.

c. What motions are to be filed with the court?

-. Motions that must be filed with the court.

d. Are there witnesses from whom statmenents must be obtained?

-. 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.

3. Your lawsuit loan may be denied simply because you failed to provide correct attorney-contact information to the lender. The lender must have correct contact information, to include telephone number, fax number, etc., for your attorney.

4. Do not waive your rights to pursue a claim against those who harm you by carelessly signing paperwork the other party shoves under your nose.

You will often find the payer, often an insurance carrier, attempting to rush you into signing a waiver intended to keep you from pursuing any action against the party who injured you.

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!

5.Discuss the matter with your attorney prior to signing any waiver!

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.

Once you have retained an attorney, insurance carriers are customarily prohibited from contacting you without your attorney's permission.

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!


About the Author

Legal Settlement Loans is the premier settlement loanseducational resource. If you're looking for a lawsuit loan, please visit us today!





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This Article Has Been Published on Sun, 18 Oct 2009 and Read 157 Times


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