Saturday, November 7, 2009

Lawsuit Loan: Will I Be Eligible For a Lawsuit Loan If I Have Been Involved In A Car Accident? (Part III)

By Dr. Tom Rhudy

40 thousand Americans lose their lives every year in car accidents! Insurance carriers fight tooth-and-nail to avoid paying these claims. A lawsuit loan is often a must for anyone injured in a car accident.

Yes, heavy traffic often does serve as the cause of car accidents. Collisions with commercial vehicles (e.g., tractor-trailers) also frequently occur.

The most common cause of personal injury lawsuits is car accidents. If you're interested in obtaining a lawsuit loan, the car accident is the ideal candidate.

Car accidents result in numerous types of injuries. Injuries involve broken bones, neck and back injuries, injuries to soft tissue (e.g., muscles, ligaments, and tendons) whiplash, and brain injuries.

Due to the increased dependency on cars for transportation, you're very likely to be involved in at least one car accident in your lifetime. Car accidents are very stressful situations and need to be handled with both discretion and care for, among other reasons, liability and peace-of-mind purposes.

Of this you may be assured, the insurance carrier will devote untold resources to defend its insured. The insurance carrier is not going to pay your claim without a fight, in almost all instances. It is extremely important that you retain legal counsel as quickly as possible following the car accident.

If you wish to obtain a lawsuit loan following a car accident, or settle your claim in general, it will be necessary to be prudent with respect to any and all communications you have with the other party's insurance carrier.

In many instances, prior to retaining an attorney, individuals have a tendency to acquiesce to and insurance carriers demand that a statement be provided under oath. Too often, this results in a situation in which the insurance carrier is able to deny liability for injuries/ damages resulting from the car accident.

Remember, if you are involved in a car accident, you must remain calm. In order to take appropriate steps, you must plan in advance of the car accident. This simply means that you must be aware of your rights and obligations that will accrue at the scene of a car accident. It is also important for you to recall that irrespective of damages/injuries noted at the scene, it is very important that you notify the police. Without a police report, it will be extremely difficult, if not impossible, to establish liability.

If you've been involved in a car accident, a lawsuit loan is very likely to be an instrument that will allow you to survive the months ahead in attempting to collect on your claim. - 29904

About the Author:

No comments:

Post a Comment