When the car accident settlement process takes too long, litigation funding can help. Often, those who suffer from a car accident have difficulty managing their finances before settlement negotiations take place. New expenses or being unable to work can create huge problems for car accident victims. As a result, it’s important to know the ins and outs of the car accident lawsuit process.
Lawsuits involving injuries often leave plaintiffs unable to work or to cover basic expenses, and can cause serious money problems. Today’s drivers have a new and valuable option during car accident lawsuits: getting cash from a legal funding company. If you or a loved one needs help as your accident lawsuit plays out, LawCash can help support you with legal funding.
When a driver is involved in a car accident, he or she should report the accident to the local police department, state highway patrol or county sheriff. It is important to do this even if you do not think you or the other driver or passengers were injured. You should also exchange insurance information with the other driver. You may not feel well afterwards, even if initially adrenaline causes you to be excited or to feel generally okay. It is important to seek medical help for any pain, particularly if your head hurts or you feel dizzy.
Once you have secured medical attention and are safely away from the scene, the next step is to file a claim with your insurance company. In addition, you should also file a “third-party claim” with the other driver’s insurance company. Since these conversations will be held against you should the claim go to trial, it is best to not agree to have your phone call recorded and not to agree to sign a written statement with the other driver’s insurance company about what happened.
Most car accident cases are handled through settlement negotiations between an insurance company and those in the vehicle. In some cases, a lawsuit may be the next step. If there are any substantial injuries, that is often what happens, and the process becomes more serious and more burdensome for the injured person.
Regardless of whether the defendant’s insurance party settles the claim without litigation, or whether the claim becomes a lawsuit, information and evidence must be gathered to determine what happened and who was at fault (“liability”) as well as any injuries sustained (“damages”). In the meantime, accident victims may struggle to cover expenses. This is where litigation funding can be a lifesaver. These expenses could stem from virtually any life need or expense, including:
Litigation financing can assist you when you have too many expenses caused through no fault of your own. Because the legal process takes years to unfold, it can often be a good idea to rely on a legal funding company to assist you with litigation funding. Legal funding is especially helpful if you are unable to work, or have incurred steep medical bills, disability or severe injuries.
LawCash litigation funding can help you achieve the settlement you deserve, Litigation financing can ensure that you receive justice and that those who have hurt you pay for their actions. Call us today at 1-800-LAW-CASH (1-800-529-2274) or apply online to get the pre-settlement funding you may need after an auto accident.