Lawsuit Loan in 5 Easy Steps

By: Dr. Tom Rhudy


Have you been injured due to someone else's negligence? Is the only car you have no longer safe to drive? Are your injuries keeping you from being able to work?
Are the bills continuing to mount up, in spite of your inability to pay because you are quickly running out of money?
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?
"Okay," you say, "but how do I know that, even if I do submit an application, it will be approved for funding?"
Excellent question! Hence, the purpose behind providing 5 keys to help you get your lawsuit loan accepted:
A knowledgeable individual able to assist the lender in obtaining the following necessary information is a must:
a. Who is at fault?
b. Who will be responsible for paying the claim?
b. Insurance information.
d. Where is the jurisdiction in which the motions are to be filed?
e. Are depositions required?
e. Need for depositions.
g. Your attorney will provide all of the foregoing information, and more.
2. Your attorney's correct name must be provided to the lender. In many cases, an application's denial is due to the fact that an incorrect name is submitted for the attorney representing the plaintiff.
2. Provide the lender with your attorney's correct name. Many lawsuit loans are denied simply because the application is submitted with an incorrect name for the attorney.
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.
3. Provide the lender with your attorney's correct contact-information (e.g., telephone number, fax number, etc.). Many lawsuit loans are denied simply because incorrect contact information is provided.
Don't allow these easily correctable errors serve as the baisis for a denial of the lawsuit loan requested.
Don't allow your claim to be denied due to these simple, easily correctable errors.
4. Do not sign paperwork in which you waive your rights to pursue a claim against the party who injured you (i.e., tortfeasor).
If you sign the waiver, the insurance carrier will be very happy. However, you will be forever prevented from pursuing a claim against the party who harmed you. This may prove disastrous.
Your attorney should be consulted prior to your signing any waivers!
Do not sign any waivers prior to discussing this with your attorney!
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.
However, in most cases they may discuss the case with you, requesting statements under oath, waivers, etc. if you open the door by initiating the discussion. Let your attorney earn the fee!

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