The foregoing is one of the, if not the, most frequently asked questions posed to us. The problem with the question is that it is not the question individuals considering a lawsuit funding should ask!

It should be borne in mind that you will not be negotiating your lawsuit in a void. In fact, it is very unlikely that the defendant is going to readily admit liability. Yes, I’m quite certain that the defendant readily admitted liability at the time the incident occurred. This is a frequent occurrence. However, as an expert witness in more than 100 personal injury cases, I’ve never encountered this in a case that actually went to trial. At trial, you’re likely to encounter a reticent defendant. This reticence is what forces plaintiffs to seek settlement loans.

Remember that individual you encountered at the time the incident occurred? Remember, the individual who readily admitted liability. You may be surprised to see how adamantly that individual now denies any liability whatsoever when you begin to pursue that individual for compensation to recover for injuries/damages you sustained. In fact, according to the defendant, it is you, not he/she, who is responsible for the entire incident! (This is why we called it an adversarial system and why lawsuit funding is oftentimes essential.)

It is essential for you to have a good personal injury attorney representing your interest if the case goes to trial. Rest assured that the defendant will, in most instances, be represented by an attorney for the insurance carrier. It is not uncommon for the defense attorney to meet his/her client for the first time at the beginning of trial.

It would be extremely helpful for you to realize that the defense attorney’s motives have nothing to do with the party against whom you filed your lawsuit. The defense attorney’s motives are purely directed at the insurance carrier that is paying the bill. Of course, I’m fully aware of the fact that the defense attorney formally represents the party against him he found your claim. However, this is a sham! This sham is one of the primary factors in forcing you to seek financial assistance (e.g., a lawsuit loan). Settlement loans are often plaintiffs only hope to continue with litigation.

You should also note that insurance carriers do not make money by readily paying claims. In fact, insurance carriers are viewed so negatively, due to their relentless denial of claims filed, that neither you nor your attorney will be permitted to even refer, in the presence of the jury, to the fact that the other party has an insurance carrier that will be paying the claim once it is settled. Interestingly, the mere mention of this fact may serve as a basis for the defendant to obtain a mistrial. Of course the insurance carrier’s ability to pursue never-ending litigation to avoid paying claims drives plaintiffs to eagerly seek financial respite. This respite is often in the form of lawsuit funding.

This article is intended to dispel any notion that you may have had that the insurance carrier is interested in seeing to it that you as the plaintiff obtained a fair-and-equitable settlement. In fact, the insurance carrier doesn’t want to pay you a dime on your claim! If it weren’t for this fact, no suit would have been filed. If it weren’t for this fact, your case would not be dragging on, in many cases, for years. It is at this point that the plaintiff’s options are customarily limited to either accepting an unreasonable settlement offer the insurance carrier makes, or obtaining a lawsuit funding that would allow the plaintiff to pursue the action to an appropriate conclusion.

You see, the question really isn’t, “How much does lawsuit funding cost?” The real question is, “Do lawsuit loans cost or pay?” You decide!

Looking for more information about lawsuit funding? Please allow us to provide more information regarding lawsuit settlement loans. Please stop by today, and you may either apply online for a lawsuit settlement loan or review our lawsuit funding frequently asked questions archive.

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