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Lawsuit Loan = Pre-Settlement Loan [2]

Continued from part [1]

Often people are afraid (or hesitant) to seek financial help in the form of a pre-settlement loan because they don’t truly understand what they can gain. You must look into getting a lawsuit loan to cover all of your costs such as medical costs and legal representation costs during the litigation process.

Usually there is no way for somebody who has suffered a bad traffic accident to pay for all of their medical costs, their employment downtime, and their legal bills. They have no choice but to get a lawsuit loan if they have any hope of recovering and recouping their losses.

Choosing your lawyer is the most important factor when considering a lawsuit loan. Some lawyers will drag their feet and try to stall you so they do not have to take part in the financial risk of giving you a lawsuit loan. You must find an attorney that will be happy to find you funds immediately. There are some that would say getting a lawsuit loan is a long-shot, but the truth is pre-settlement financing happens every day in every state and in every city and town.

If you are the plaintiff in a litigation and there is no question that you have a right to be reimbursed for your financial losses then you are one of those people that I am talking about. If you have been hurt badly and you have recovered enough to be paying attention to your financial circumstances then you probably already have a personal injury lawyer you are speaking with. It is important that you do some homework or have a family member or loved-one do some homework for you in finding a lawyer that is working in a reputable law office.

Reputable law offices for personal injury will have pre-settlement financing structured into their business model, whereby they have financial backing from a bank or private lender on hand at all times and they can get pre-settlement financing for you. All you have to do is be truthful and forthright with your attorney and a they’ll make the required arrangements so that you can get funding upfront.

If you don’t understand what a lawsuit loan is – it is a loan that you are given in advance during your litigation so that you can get by with your monthly expenses, pay all of your normal bills, such as utilities, telephone, food, and transportation.

If you are one of these unfortunate victims of an accident and you are currently a plaintiff in some form of personal injury claim you must try and relax knowing that you have a good attorney and law office working for you. The most important factor in getting a pre-settlement loan is finding the right law offices and attorneys. I think I have made that perfectly clear at this point.

When I was a paralegal I used to administer some of the pre-settlement loans that went through our office. Some of these lawsuit loans were small (between $5-$10,000), and some of these loans were upwards of $100,000 depending on the extent of the injuries the victim had and how much they earned before their accident.

Until you talk to your attorney with a constructive attitude and truthful disclosure process you will not truly know how much money you can receive in your settlement. You may be surprised to find out that you are eligible for over $50,000 immediately and this will take much of the stress off of you and your family as you recover and deal with the negative energies of litigation.

It is critical that you find a good attorney and law office to work with while you are a plaintiff so that you can relax and recover from your injuries faster and better. Having a low stress level is so important when your body and your mind are recovering from a bad accident. Try not to get caught up in the negative emotions of anger, resentment, revenge, and all-around disconnection from your true loving source.

I don’t want to go off topic to much so let me and this line of dialogue with saying that you need to find peace of mind and forgive all of those who have hurt you or you may think have hurt you. You can recover greatly from most of your injuries (in time) even though your lifestyle may be different and you may have to have a different form of employment.

End of part [2]

Read on in part [3]