How to be Approved for Lawsuit Funding
When you look for a lawsuit advance on the present lawsuit that you have, it is necessary that you have the approval decision from underwriting. The goal is get approved. It is the aim of this article to provide you, as the plaintiff, some help as well as advice to get your personal injury case approved.
What you should do first so that you will be approved for funding is that you must have the requested paperwork regarding your case. The cases where client is actually proactive in helping the gathering of the requested paperwork get a much higher probability of approval. Keep in mind that you are the client and this is your case. You should have every right to request for documents on the case file from the attorney.
Here are some of the things which the underwriters need to review on the personal injury cases. The documents would include witness statements, police report, incident report or accident report, the medical records that relate to the accident and other treatment, insurance coverage, lawsuit copy, pay-off information, settlement offers and also the settlement demands.
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You have to know that police reports are quite important since they are going to detail the independent party the documents where there is an accident that happened. They are going to include several types of information which has the parties involved and if a person got issued with a ticket or was under the influence of alcohol and drugs and got arrested. Also, police reports are going to indicate if the injured parties were taken to the ER and if an ambulance was used. The police reports may also state who was actually at fault and this can be quite important when it comes to knowing the case’s liability.
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The medical records are also very critical as they can go a long way to determine the injuries’ severity. You should remember that the severity of the injuries is actually directly proportional to the value of the lawsuit. When there are more injuries, then the more that your case will settle for a bigger dollar amount. If injuries are actually more severe, then you can get approved for a much bigger dollar amount.
The personal injury cases wherein the victim had to obtain surgery are usually always worth more than the cases where in the injury didn’t require surgery. It is a lot harder for the attorney of the defendant to attack a particular injury claim which required surgery. However, it is much easier for the defendant’s attorney to attack the injury that didn’t require surgery and to claim that the plaintiff is only faking the injury.
It is recommended that from the very start, you have to speak with your attorney. You should speak about the financial needs you have and allow the attorney to know about such interest to move forward for the lawsuit funding.