Why Do Personal Injury Lawsuits Take So Long?

why do Personal Injury Lawsuits take long

Filing a personal injury claim requires a lot of patience. Some people mistakenly assume that once they file their claim with the at-fault party’s insurance, the claims adjuster will resolve it quickly and send them a personal injury settlement check.

Unfortunately, there is no standard timeline that personal injury claims follow. If your case goes to litigation, it could be a year or more before you receive any money.

Understandably, many people can’t wait that long. However, while your case is pending, there is an option—pre-settlement funding through Ally Lawsuit Loans.

No two personal injury matters are alike, which is why it’s impossible to predict when a case will settle.

It’s important to point out that settling early in the claims process isn’t necessarily in your best interest either.

Many insurance companies know that injured victims cannot wait months or years to receive a settlement, so they might offer you much less than your case is worth in the hope that you will resolve it immediately.

But a quick resolution could be bad for you because it may short circuit the settlement your attorney is working out.

But with pre-settlement funding, such as a lawsuit loan, your attorney can continue to pursue the maximum compensation possible in your personal injury lawsuit. 

Factors that Can Slow Down Your Personal Injury Claim

Don’t assume the delays in resolving your case are because of your attorney. Your attorney understands how frustrating personal injury settlement delays are.

While many factors can impact your claim resolution, some are more common than others. These factors include the severity of your injuries and disputes over damages or liability.

Cases involving severe injuries can be more complicated and take longer to resolve.

Insurance companies—who might be paying out a significant amount of money—will do whatever possible to reduce their overall exposure. That can lead to a dispute in your damages.

For example, you might have a permanent injury with $200,000 in medical expenses.

The insurance company will look for opportunities to argue that you over treated, or you should’ve reached maximum medical improvement earlier than you did.

They may claim that according to their personal injury settlement calculator, your whole case is only worth $100,000.

If there is a dispute in liability, it can also delay your potential personal injury settlement.

Some insurance companies may reject your claim outright by denying liability and hope you go away without retaining an attorney. If you have an attorney representing you, they can file a lawsuit on your behalf.

States have different negligence laws for personal injury claims. For example, consider a comparative negligence state.

Here, it means you might be eligible to collect a portion of your damages, even if you are a percentage at fault for your injuries. However, your compensation will be reduced by your percentage of fault.

A few states are contributory negligence states, though. In one of these states, you would be ineligible to collect any compensation even if you are only one percent at fault.

Insurance companies often prefer to roll the dice and see if you proceed with a personal injury lawsuit rather than concede their insured was 100% at fault in a contributory negligence state.

In a comparative negligence state, they will try to increase your percentage of fault to save money. That is one reason why your attorney may need to file a lawsuit long before the statute of limitations expires.

How a Lawsuit Loan Benefits You in a Personal Injury Lawsuit?

With a lawsuit loan through Ally Lawsuit Loans, you can have access to much-needed funds now while your personal injury case is pending.

Your attorney can take your case to trial, if necessary, while you’re able to pay rent, car payments, or any other bills you are concerned about falling behind on.

Although they are called lawsuit loans, pre-settlement funding is not a traditional loan. You won’t need to show employment history, have a strong credit score, or make monthly payments to pay it off.

Instead, your personal injury lawsuit is what we are interested in knowing more about.

After speaking with you and your attorney, we can decide whether your case is a good fit for this type of financial assistance. If we issue an approval, you could have your cash in as little as 24 hours.

The most significant difference between a lawsuit loan and a traditional loan? You don’t have to pay back a personal injury lawsuit loan to us should you lose your case.

If your attorney cannot successfully recover compensation on your behalf, we will not expect repayment.

If your attorney does successfully resolve your case, they will repay the loan before issuing the remainder of the personal injury settlement to you.

Contact Ally Lawsuit Loans

If you want to learn more about pre-settlement personal injury funding through Ally Lawsuit Loans, contact us. You can speak with one of our helpful representatives on the phone or fill out our application online.

We will speak with your attorney to learn more about your case and then let you know the next steps. We understand how frustrating it can be when your personal injury case takes a long time to resolve.

Let us be your ally in your time of need.

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