Slip and fall accidents can cause much harm to a person who has gone through it. This case can turn out to be serious with elderly people. At times the slip and fall accidents occur on the premises of other people. At times these slip and fall accidents occurring on the premises of others can be because of the negligence of the owner of the premises.
In such a situation it forms a case of personal injury and you have the full right to file a lawsuit against the person because of whom the accident has occurred to get the compensation for the loss that you have suffered. Filing a lawsuit in a civil court is an expensive deal and then hiring the right kind of attorney for your case can mean added expenses.
Usually in such slip and fall accident cases the injury is such that the plaintiff is unable to work and arranging money in such a condition for the case and meeting the costs of the attorney can be a difficult task. To ease this situation the lawsuit settlement loans are available to meet the financial costs of the plaintiff.
The lawsuit settlement loan is one of the best options that a person caught in a pending slip and fall lawsuit can have. These loans are pretty simple to understand and are offered when the lender is convinced with the positive virtues of your lawsuit. Once that your case is settled then you are required to pay back the loan amount accounting with the interest applicable on the loan. However, in case the verdict is not in your favor then you need not pay back the loan. Hence it means that you are supposed to pay back the loan only if you win the case.
The qualifying criterion for the lawsuit settlement loan for the slip and fall accident is the positive side of your case. The lender would analyze your slip and fall accident case and consult your attorney on the same. The lender discusses as to how the incident occurred and under which circumstances did it occur, what are the evidences and what do the witnesses have to say about the incident. Apart from this the amount of compensation that you are looking for in the case also is considered by, the lender.
To get approved for the slip and fall lawsuit settlement loan your employment history, credit score, income details and other financial aspects do not have a say. Lending out the lawsuit settlement loan solely depends on the chances of you winning the case and getting the desired compensation.
So, in case you have a slip and fall lawsuit pending and are worried about the finances look out for an option of lawsuit loans. These loans can just be the right choice to help you out in the financial crunch that you are going through in the middle of your lawsuit.
If you are victim of such above mentioned happenings and are undergoing a legal battle, you may apply for the lawsuit loan at FairField Funding. You may also talk to some experts on the topic while you're there. Fairfield Funding is an Atlanta based pre-settlement funding company.
Stefano Grossi
Article Source: http://EzineArticles.com/?expert=Stefano_Grossi
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