When you have suffered critical injuries or damages due to another party’s negligent actions, you have the right to compensation for your damages. However, before you can recover the funds you deserve, your case needs to work its way through insurance negotiations and potentially a civil lawsuit.
Unfortunately, there is no set amount of time to settle your lawsuit. Multiple factors could influence how long before your settlement funds come in. Fortunately, when you contact Silver Dollar Financial loan specialists for help, you can access a portion of your anticipated lawsuit settlement in advance.
What the Civil Claims Process Entails
Understanding how the civil claims process works is crucial in figuring out how long it might take to settle your lawsuit. Since every person’s case is different, it is essential to remember that some lawsuits will be resolved more quickly than others, depending on the specific circumstances of your case.
The Investigation
First, your personal injury attorney begins by investigating your case. Here, they will gather the necessary evidence to prove the liable party’s negligence.
Your attorney may need to interview expert witnesses, find witnesses and bystanders to the incident, obtain their testimony, and work with accident reconstructionists to establish negligence and liability. With more involved cases, it could take months or longer before the investigation phase of the claims process is complete.
Insurance Negotiations
Once your attorney has finished their investigation and determined who is responsible for causing your damages, they will likely have an opportunity to file a claim with the insurance company.
In most civil lawsuits, the liable party will have some type of insurance coverage. For instance, if you are suing for damages after a work-related accident, your employer might have worker’s compensation insurance coverage that should provide benefits while you recuperate. If your injuries were caused in a motor vehicle accident, the driver who hit you should have auto insurance coverage.
Your attorney must file a claim with the insurance company, submit any necessary supporting evidence, and be prepared to negotiate with insurance adjusters. It is not unusual for insurance adjusters to make insultingly low offers, delay claim processing times, and attempt to reduce injury victims’ settlements. The negotiation process could take several weeks or more, based on the underlying details of your claim.
Discovery
If insurance is insufficient and cannot fully cover your damages, your next best option will likely be to file a civil lawsuit against the liable party. However, before you go to trial, your attorney and the responsible party’s defense must go through discovery.
This is where both parties can access the other’s information and evidence that will be presented at trial. This allows both sides to prepare their case further.
However, it can take time to ensure both parties have access to the evidence that needs to be brought forward. In some instances, the liable party will hold off on sending over proof and delay the court case further.
Going to Trial
It is more common than you might think for personal injury claims to go to trial. Since many insurance claims do not fully cover victim losses, going to trial is the best opportunity to ensure victims recover maximum compensation for their damages.
Fortunately, when you go to trial, fewer restrictions are in place. Instead of being limited by the types and amounts of insurance coverage and question, you might only be subject to caps on non-economic damages, depending on the state you live in.
The Payout
When you get the insurance company to settle your claim, they generally have up to 30 days to send you a check for your settlement. The same is not true in civil court. Although, in some instances, the judge may be able to impose a payout deadline, it could be months or years before the liable party compensates you based on the trial verdict.
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The Statute of Limitations
It would be best if you also kept in mind that the statute of limitations could impact how long it takes to settle your lawsuit. Every state has a strict statute of limitations that determines how long claimants have to pursue their lawsuits.
If your claim is not filed before the deadline passes, you will no longer have the right to pursue a lawsuit. That does not mean you will be without legal options, but your options for financial relief will be drastically limited.
Other Factors that Could Delay Your Settlement
In addition to the amount of time it takes for your claim to move through the lawsuit process, multiple other factors could delay your settlement. Some of these factors include:
- Sharing fault for causing your injuries or the accident you were involved in
- The liable party failing to have sufficient insurance coverage
- The insurance laws in the state you live in or wherever the accident occurred
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Get a Cash Advance on Your Anticipated Settlement
Although it may take longer than you hoped to recover the compensation you deserve through your insurance claim or civil lawsuit, you do not have to wait for your claim to be resolved to start getting your class covered now. With Silver Dollar Financial, you can get a cash advance on your anticipated lawsuit settlement.
Generally, we can authorize up to 20% of your payout and send the money to your bank in 24 hours or less. To qualify, you must be at least 18 years or older and be working with an attorney.
Your lawyer must verify your expected payout and anticipated settlement date before we approve your application. With no credit checks, income requirements, or risk of wage garnishment if your attorney loses, our pre-settlement funds could be the perfect answer to your financial troubles.
Apply Now for Pre-Settlement Funding
Get Help from Our Loan Specialists Today
You do not need to continue to financially struggle while you wait for your lawsuit’s resolution. You can start rebuilding your life and covering outstanding debts within hours if your application for pre-settlement legal funding is approved.
Contact Silver Dollar Financial loan specialists today to learn how much you could be authorized. You can reach us through our secured contact form, by phone, or complete your application now so we can begin processing your request for financial support.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding