06 Jul 4 Important Factors When Determining the Value Of Your Personal Injury Lawsuit
You have just been involved in an accident due to someone else’s negligence. Now you have hired an attorney to go over your lawsuit. One of the very first things you’ll probably ask your attorney is how strong your case is and how much your settlement will be. The reason you are at this point is because perhaps the other party or parties involved offered too low of an amount or wish to go to court. However, every case is unique and your attorney won’t be able to tell you exactly how much you can receive until your case thoroughly evaluated. Even then, your case can still be a long, drawn out process. That is why settlement loans exist. With a settlement loan, you can go confidently through with your lawsuit. A settlement loan provides you with the ability to receive a portion of your settlement early. This money can be used to pay for utilities, food, medical bills, or whatever you deem necessary. But, before you can arrive to this stage, your lawsuit has to be properly assessed. Below are the four things that need to be considered:
- Lost Wages
If your accident causes you to lose wages or benefits due to your injury, then you should be compensated that amount. This should cover the amount lost during the injury as well as future wages/benefits that are affected by your injury.
- Medical Bills
Your medical bills that are a result of your injuries should be factored into your compensation. Additionally, you should also take into account whether or not you will be able to return to your pre-injury health status. If you aren’t or are likely to face more medical bills down the road, then this will also need to be factored into your compensation as well.
- Loss of Consortium
Your personal injury doesn’t just affect you. It also affects the people around you. If you are married, your spouse may suffer too. The loss of revenue, stress of your injury, and medical costs and treatments can put a strain on your relationship. This should also be factored in to your compensation amount too.
- Pain (Physical and Mental)
The physical and mental pain that the injury has caused you should be rightly compensated. The medical bills are an obvious indicator of the physical pain, but the mental anguish shouldn’t be ignored either. Injuries can lead to depression and anxiety that can have long lasting effects. A personal injury case is quite the life changing event, so be sure to be compensate for it.
Now is the time to secure your financial future while you await your settlement. Don’t settle for anything less than the amount you deserve. Make sure you receive the money that should be awarded to you by calling us at 1-800-922-7439 today. We are available 24/7, because we know the world doesn’t stop for anybody. So, let CLF have your back with pre-settlement funding.