Accidents happen all the time and can happen anytime and result in a major injury. Slip and falls are no exception to this and can compile a heavy amount of medical bills.
Therefore, as you go after a slip and fall lawsuit you will still need to pay the medical bills along the way.
That's why it's important to go after a slip and fall lawsuit loan so you can be covered.
Slip and falls are among the most common types of accidents reported in the United States.
In fact, the National Floor Safety Institute (NFSI) published findings indicating that more than one million Americans seek emergency medical attention for slip and fall accident injuries each year.
In our latest article, we explain below how the process of getting qualified for a slip and fall lawsuit loan as you work towards the settlement.
If you were injured in a slip and fall accident that happened because of the negligence of a business or a property owner, you may be entitled to recover financial compensation through a lawsuit.
Unfortunately, even if you have a winning case, it can take quite a long time to get a slip and fall accident settlement.
At Ally Lawsuit Loans, we provide plaintiffs with the lowest cost slip and fall pre-settlement funding.
If your bills are starting to pile up while you are awaiting a slip and fall accident settlement, there are options available.
How Much Can You Get for a Slip and Fall Settlement?
In most slip and fall cases, you can seek 100% of your medical expenses.
- Doctor visits,
- Nights in the hospital,
- Emergency transportation,
- Rehabilitation, or
- Equipment for treatment/recovery.
Since every slip and fall injury involves different types of injuries, the amount you get from a settlement depends on the severity of your injury.
For example, traumatic brain injuries (TBIs) and spinal injuries often result in a higher settlement than sprained ankles.
In addition, plaintiffs who have injuries that require lifelong medical care may receive even more compensation for future medical costs.
A slip and fall attorney can help you estimate future medical treatment costs for your injuries.
Make sure you hold on to medical bills and receipts to show as evidence of your medical expenses.
If you encounter financial trouble due to your medical costs while filing a claim, consider applying for slip and fall lawsuit funding.
In some cases, you might be able to recover additional damages for less tangible harm, including:
- Emotional distress,
- Reduced quality of life, or
- Pain and suffering.
Since it’s harder to put a price tag on these damages, we suggest that you consult an experienced slip and fall lawyer.
Generally, the more severe your injury is, the more you could receive in non-economic damages.
For example, if your injury causes any permanent damage like paralyzation, your damages could be several times larger than your medical bills.
How Do You Win a Slip and Fall Settlement?
To win a slip and fall case, you must prove the following:
- The owner, occupier, or another party in charge of the premises had a duty to ensure your safety;
- The person or entity breached this duty;
- The breach of duty directly caused your accident and injuries; and
- You suffered losses due to your injuries on the premises.
To prove the other party’s liability in a slip and fall case, we strongly recommend you hire a lawyer who works on a contingency fee basis.
Without an attorney, your chances of receiving a good settlement go down. Having an attorney also qualifies you for slip and fall lawsuit loans, which help pay for bills, groceries, and other expenses while you wait for your settlement.
When you slip and fall on private business property or residential space, the owner usually attempts to place fault on the plaintiff.
This defensive strategy causes litigation to last for months or even years. Sometimes, they might offer a smaller settlement hoping that a financially desperate plaintiff takes the bait.
With slip and fall lawsuit funding, you can pay for living expenses, medical bills, legal fees, and more, giving your lawyer extra time to fight for a higher settlement.
Why Work With Ally Lawsuit Loans for Slip and Fall Funding
Pre-settlement slip and fall funding — also sometimes called a ‘slip and fall lawsuit loan’ — is not technically a loan at all.
Like other types of pre-settlement personal injury funding, it is non-recourse funding.
That means that there are no associated monthly payments and that you only have to repay the ‘loan’ if you receive a settlement or a verdict.
If your slip and fall accident case is not successful, you keep the money and have no further obligations.
The legal funding company accepts the risks.
While pre-settlement funding offers immediate access to financial support, it is crucial that you choose the right lawsuit lending company for your premises liability claim.
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Sadly, there are firms out there that charge exorbitant interest rates or attach hidden fees to cash advances.
Our company is different. At Ally Lawsuit Loans, we are proud to be the most trusted lending funding company.
Among other things, our team:
- Offers plaintiffs the lowest interest rates in the industry — 100 percent guaranteed;
- Commits to using fair and transparent application process;
- Provides all clients with attentive and fully personalized customer support services;
- Can issue pre-settlement slip and fall funding in as little as 24 hours; and
- Guarantees that you repay $0 if your case does not settle or you lose.
We know that lawsuit loans are complicated. You may have questions about your eligibility, the application process, how much you should take out, or other related issues.
Our slip and fall lending specialists are standing by, ready to get you the information and answers that you deserve.
Get the cash that you need without all of the hassles.
Apply for Slip and Fall Lawsuit Funding Today
At Ally Lawsuit Loans, our lawsuit funding specialists are committed to providing the lowest rate pre-settlement cash advances in the entire industry.
If you need money for your slip and fall accident lawsuit, we are available to help.