Monday, November 9, 2009

Lawsuit Loan: I Have Been Involved In A Car Accident. Am I Eligible? (Part III)

By Dr. Tom Rhudy

Were you aware of the fact that each year, 40,000 Americans lose their lives in car accidents? Review also aware of the fact that insurance carriers fight claimants tooth-and-nail to avoid paying claims to those who have been involved in car accidents. It is this scenario that creates the need to obtain a lawsuit loan in many such instances.

Heavy traffic may be a cause of a car accident. However, it is not unusual for such collisions to involve commercial vehicles (e.g., semis).

By far, car accidents are the most common source of personal injury lawsuits. For those who seek a lawsuit loan, these cases are the ideal candidates.

Many types of injuries occur as a result of a car accident. These injuries include such things as broken bones, neck and back injuries, injuries to muscles, ligaments, and tendons, whiplash, and brain injuries.

Due to our increased dependency on cars for transportation, significantly increase the likelihood of being involved in a car accident in your lifetime. A car accident is a very stressful situation and it must be handled with both discretion and care to both minimize liability and provide peace of mind.

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.

Your ability to obtain a lawsuit loan will depend, in large part, to your ability to control communications with the insurance company.

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.

If you want to put the odds in your favor, it is important for you to remain, after car accident. It is beneficial for you take into consideration just what may happen if you are involved in a car accident. This allows you to plan ahead. When you do plan ahead, it is more likely that you will be cognizant of rights and obligations that occur at the time of a car accident. It is vital that you recall that, irrespective of all be as damaging/injuries at the scene, you must notify the police. Failure to obtain a police report militates against the likelihood of either you or your attorney being able to clearly establish liability.

The lawsuit loan may provide the resources you need to survive the months ahead as you pursue your claim against the driver who both damaged her vehicle and caused injuries to you and, potentially, passengers of your vehicle. Therefore, if you've been involved in a car accident, don't allow yourself to be victimized once again merely because you can't afford to pursue the individual responsible for creating the situation in which you now find yourself following the car accident. - 30462

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