Thursday, October 8, 2009

Get Your Lawsuit Loan by Following The 5 Keys Identified Here!

By Dr. Tom Rhudy

Has someone else's negligence resulted in an injury to either you or a loved-one? Do you only have one car and it is no longer safe to drive? Are you unable to work due to your injuries?

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?

You've asked the right question. Here are 5 steps for you to follow to make sure that you 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.

Someone who will work with the lender and is knowledgeable in quickly obtaining the following necessary information is indispensable:

The lender must be able to work with a knowledgeable individual who is able to obtain necessary information regarding the following:

a. Party responsible for injury.

c. Filing of motions against the party who caused the injury.

c. Motions that must be filed against the responsible party.

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.

If you fail to follow up to ensure that the correct attorney's name is provided, your claim will be denied and you're left wondering why.

3. The lender must have your attorney's correct contact information, to include, but not necessarily limited to, telephone number, fax number, etc. Your lawsuit loan may be denied simply because you provided incorrect contact information to the lender.

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.

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!

Your attorney should be consulted prior to your signing any waivers!

Neither contact the insurance carrier nor accept calls from the insurance carrier once you have retained an attorney. Any such discussions should be arranged through your attorney.

5. Once you have an attorney, neither contact the insurance carrier nor accept calls from the insurance carrier prior to discussing this with your attorney.

If you open the door by contacting the insurance carrier once you have retained an attorney, the insurance carrier may discuss the case with you, requesting statements under oath, waivers, etc.

Your attorney is charging you a fee for representing you. Make your attorney earn that fee! - 29904

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