Tuesday 12 September 2017

Improving Your Chances of Lawsuit Funding Approval



As a client looking for a lawsuit advance on your pending lawsuit, the most important aspect is getting the approval decision from underwriting. Your goal is Approval. The aim of this article is to give you, the plaintiff, some help and advice in getting your personal injury case approved. Let's jump right in!

The first step in getting your personal injury case approved for funding for lawsuit is getting the underwriters the requested paperwork on your case. Cases where the client is proactive in assisting the gathering of this requested paperwork have a much higher probability of approval. Remember, you are the client, this is your case. To request documents on your case file from your attorney you have every right. 

Having said that, here is the list of documents, underwriters would ideally like to review on personal injury cases:

             Police Report, Accident Report, or Incident Report
             Medical Records Relating to the Accident and Subsequent Treatment
             Insurance Coverage on the Defendant
             Copy of the Lawsuit if in Suit
             Expert Reports, Analyses, Opinions, or Investigative Reports

Police Reports, Accident Reports and / or Incident Reports

Police Reports, Accident Reports and / or Incident Reports are important to get money for lawsuit because they provide an independent party that documents an accident actually took place. They often include a lot if valuable information, such as the parties involved, if anyone was issued a ticket or arrested, or was anyone under the influence of drugs or alcohol. Police reports will often indicate if the injured parties were taken to an ER and if an ambulance was used. Police reports often indicate which insurance companies are involved in an accident. And police reports will sometimes even state who was at fault, which can be important in determining the liability on a case.

Medical Records

Medical Records are critical because they go a long way in determining the severity of your injuries. The severity of your injuries is directly proportional to the value of your lawsuit. The more severe your injuries, the more likely your case will settle for a larger amount. 

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