What if an Injured Party Has Limited Financial Means to File Personal Injury Lawsuit?

In motor vehicle accidents where the driver at fault is clear, claiming payment of damages on the part of the injured party can be fairly quick and simple. Problems arise if the driver at fault refuses to compensate the injured party for medical expenses and related costs of damages sustained due to the accident. The party injured will be forced to take the matter to court in order to assert his legal right to claim compensation for the personal injury. . .

Now here’s the thing, there are instances in which an aggrieved party to a car accident does not have the means to pay for an attorney, much less the related costs of litigation.

While financial aid is not available for this kind of situation, there are attorneys who offer pro bono legal advice and assistance to individuals without financial means, to help them pursue claims for compensation within their jurisdiction. Through a pro bono legal service, the injured party can enforce their right to claim personal injury compensation, usually by way of extra judicial settlement.

However, matters can still get complicated if the errant party still refuses to make an out of court settlement and instead, decides to use his insurance coverage as leverage against any threat of legal action. In knowing that the claimant does not have the financial resources to pay for the related legal expenses, the errant party has a chance of avoiding payment of compensation.

On the part of the defendant’s insurance provider, it is under obligation to pay for the legal expenses until the dispute is resolved in court.

When Litigation Costs Pose as Barrier in Legally Claiming Compensation for Personal Injury

Even if a lawyer offers his services free of charge, there are other legal expenses that make lawsuits too burdensome to pursue. Although a police report can be used as proof In making a legal claim for compensation against the driver at fault, there are other legal expenses to consider. The attorney for the injured party who becomes the plaintiff in a lawsuit, will need more than a police report in proving his client’s legal rights.

The lawyer also has to present witnesses to the incident, including the so-called “expert witness” who can strengthen the case by providing their expertise in analyzing the circumstances surrounding the motor vehicle accident. While footage of a surveillance camera can be helpful if available, it will only be in addition to the accident reconstruction work of professionals engaged in this type of service.

Nonetheless, if the lawyer handling the case knows for a fact that his client’s claim for compensation has merits, his legal advice may include seeking financial assistance by way of a lawsuit loan from a reputable pre settlement financing company.

What is a Lawsuit Loan

A lawsuit loan, sometimes called lawsuit cash advance, settlement funding or lawsuit funding is money provided by a pre settlement financing firm to help individuals in the midst of a personal injury lawsuit see the case flourish in court. Although a lawsuit loan works similarly to a financing arrangement in which the borrower pays interest on the principal loan amount, it is different because payment will be collected from the amount awarded by a court as compensation of the plaintiff, which can be greater than the amount originally sought as compensation.

It is actually a form of investment on the part of the lending firm as the offer comes with a “no-recourse” agreement, which means if the court does not rule in favor of the plaintiff, the pre settlement financing company will not enforce collection of payment but will simply consider it as an investment loss. Learn more about lawsuit loans and how it works from this web page: https://mycaraccidentcashadvance.com/ .