3 Things You Should Know Before Filing a Personal Injury Lawsuit

Jacky Gale | March 20th, 2020

Every individual has the option of filing a personal injury lawsuit if they have been harmed due to someone else’s negligent or reckless actions. For example, you might sue a careless driver after being involved in a car accident, or you might file a lawsuit against someone who physically assaulted you.

Before you file a personal injury lawsuit, however, there are a few things you need to know.

You must keep careful records.

To improve your chances of a favorable resolution for your personal injury lawsuit, it’s essential to be able to prove your allegations. You can generally expect that you and perhaps expert witnesses may testify, but you’ll also need hard evidence to prove your claims and your losses. Maintain all records pertaining to the incident, such as the police report, if applicable. You should also keep track of all of your injury-related expenses. Provide your lawyer with copies of your receipts and notes about the extent to which your symptoms have interfered with your daily life.

It’s possible for a lawsuit to take months or longer to resolve.

Every case is a little different and every state has different pretrial procedures to follow. However, on average, it may take a personal injury lawsuit one to two years before it gets to trial. This is an exorbitantly long time for a plaintiff to wait for a resolution. In the meantime, injured plaintiffs may be unable to work. Their medical expenses pile up and they struggle to feed their families and pay the rent or mortgage. Financial problems tend to have a domino effect. If you use your car payment money to buy groceries, you’ll likely have your car repossessed, for example. This is no way to live, but there is a solution available.

Personal injury plaintiffs have the right to apply for legal funding. Legal funding, or lawsuit funding, isn’t actually a loan or a line of credit. Rather, it’s a cash advance made against the collateral of a future settlement or jury award. You can use the cash for anything you need—from legal fees to groceries to rent—with no hidden strings. If you win your case or secure a settlement, you’ll pay back the cash advance at a reasonable rate of interest.

It’s possible that you may lose your case.

Of course, there is always the possibility that you may lose your case—even if you have the truth on your side. You might think that you would have trouble paying back your pre-settlement cash advance if you lose your lawsuit or the judge dismisses it, but actually, you’ll owe nothing. There is absolutely no risk with lawsuit funding, since you’ll pay nothing back if you lose your case.

You can secure lawsuit funding from a reputable company.

If you do decide to apply for a pre-settlement loan, it’s important to choose a reputable company. LawStreet Capital has some of the lowest rates anywhere in the industry. Plus, we pride ourselves on transparent terms, so you always know what you’re agreeing to. Call today or fill out the quick online form on our website to apply for legal funding.

We could approve you within 24 hours. If approved, you could get cash in your pocket overnight, which you can use for any expenses you may have. Remember that there is zero risk to you. If you lose your lawsuit, you won’t pay back a dime.

Additional resources on personal injury lawsuits