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Can my attorney prevent me from getting pre-settlement funds?

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Can my attorney prevent me from getting pre-settlement funds?

Pre-settlement funds

People who are injured in accidents or due to the negligence of others can quickly rack up thousands of dollars in unexpected bills and expenses.

While civil lawsuits can result in money for such costs, the bills will often begin to come due long before plaintiffs can expect to see a fair settlement or trial. Guaranteed pre-settlement funding can provide plaintiffs with the cash they need while they and their attorney see their cases through to the end.

But how does the pre-deal funding request work? Do you need a lawyer? Can your attorney prevent you from getting funding if you need it? This is what you need to know.

What role does your attorney play in obtaining pre-settlement funds?

One of the most common pre-settlement financing questions plaintiffs ask is, “Why do I need a lawyer before I can apply for legal financing?”

To understand the role attorneys play in obtaining pre-settlement funding, it is important that you first understand two concepts of pre-settlement financing:

What is pre-settlement financing?

What pre-settlement financing is not?

When you win a civil lawsuit or settle out of court, you receive damages or compensation. You can use that money to pay:

  • your lawyer
  • medical bills
  • living expenses
  • Other costs as you see fit

In order to qualify for pre-settlement funding, you must be in the process of obtaining monetary compensation for your injuries and damages. Without a possible settlement or trial award, companies that finance lawsuits cannot provide you with a cash advance for settlement.

Having a claim or lawsuit for your loss is only one of the two main requirements for a pre-settlement retainer. Having a lawyer represent you is the other necessary requirement to receive funds.

How Your Lawyer Can Prevent You From Getting Funds

While having an attorney is the first step in obtaining funds, it is not a guarantee of success. To complete the application process, you must have your attorney or an authorized member of your law firm’s staff speak with the financing company.

You may think this extra step is an unnecessary delay, but it is a safeguard built into the pre-settlement financing process to protect and benefit you, the client.

Talking to your attorney ahead of time allows the financing company to make sure your legal advisor is aware of your application and the number of funds you may qualify for. Your attorney should help with the following:

  • Report how much money you can safely accept without negatively affecting your case
  • Inform the financing company when they propose the most effective moment for financing your settlement.
  • Provide information on the recommended amount and your pre-settlement advance.
  • Together, these things can result in your attorney getting you the fairest and largest settlement or judgment.

However, the important role of your attorney means that he or she can prevent you from getting much-needed funds by not speaking to financing companies when you have requested that they do so.

What you can do?

What can you do if your attorney doesn’t answer or call back the financing company and prevents you from receiving pre-settlement funding? The first step is to call your attorney.

Explain to your lawyer:

  • That they should talk to the financing company about their case
  • What financial pressures are driving you to seek pre-settlement financing right now
  • What do you think the consequences will be if you don’t get funding
  • Keep in mind that your attorney works for you, so you should listen to them and address their concerns.

In many cases, making this phone call is enough to resolve the issue. Your attorney can agree to make the call and speak with the legal finance company of your choice.

If your attorney has concerns or objections to you receiving legal funding, a phone call is a great way to discuss those thoughts with you. Then they can help you identify options or alternatives for moving forward that you can both agree on.

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How to Prepare for a Long-Distance Move

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How to Prepare for a Long-Distance Move

More than 27,059,000 people move each year, whether traveling across the state or the country. Regardless of when you’re preparing for a long-distance move, there are several things you’ve got to be aware of ahead of time.

We’ve created a checklist that you can use full of packing tips and other things you need to know, like the importance of hiring movers to aid in the big move. The more prepared you are, the easier and more stress-free the move will be.

Get ready to settle into your new home after you check out these need-to-know packing tips below.

Plan Ahead of Time

When moving to NY from California, you need to plan ahead. You need to do this to get everything in order, such as shutting off the utilities and turning it on at the new location before you’re scheduled to arrive.

The last thing you want to do is risk arriving at your new place and not having running water or working electricity when you get there. Another reason you want to plan ahead is that if you’ve decided to hire movers, you’ll need to coordinate the day they plan to pick up your items and deliver them to the new house.

Again you don’t want to arrive at your home and the movers not arrive with your items on the day you expect them to. Not only does this leave you without your necessities, but it could also mean you pay additional delivery fees that you’d not planned for.

If it helps, you could make a list of everything you need to do before you are set to move. We recommend making this list ahead of time so that you don’t feel rushed at the last minute to get everything completed.

Hire Professionals

Moving lots of items a long distance can be tricky, especially if you’re not used to driving a moving truck. Before you’re set to move, make a list of the best movers in your area.

You can do this by creating a list of mover names and estimates from your area. Ensure you have them clarify what you’re paying for because most rental companies provide a specific number of miles locally and out of state that could increase your overall rental price.

You’ll also want to inquire about the insurance needed to schedule movers to come and help transport your items. Ensure you get the estimates for each type of vehicle they offer.

When the move is complete, the larger the vehicle and the more movers you need, the higher the rental price. Once you’ve decided which moving company you’re going to work with, take the next steps to set your reservation.

If you’re making the appointment over the phone, ask the company to send you a confirmation email once the phone call has concluded. This will ensure you have tangible evidence of your appointment reservation just in case something comes up the day of the move where you need to contact the moving company.

Begin Packing Efficiently

When you move a long distance, it’s in your best interest to only pack the items you need and discard items you no longer use. The best way to do this is to take some time to declutter your home before you begin packing.

Make a pile of the items you need to get rid of, whether that means donating or discarding them accordingly. While it might prove to be a time-consuming process, in the long run, it will pay off when you don’t have to do these things while unpacking in your new home.

This is especially true if you’re downsizing and don’t have enough room to store all the items that you have currently in your home or apartment. Another reason to declutter your home is so that you can effectively determine how much packing material you need to pack, such as boxes and packing tape.

Check your local area for packing items because there are several places online where people want to get rid of their extra boxes for free. This can help you to save on packing expenses.

Forward Your Mail

When you move into your new place, the last thing you want to happen is for essential items to be mailed to your previous email. This means you need to take the steps necessary to forward your mail to your new address, which can be done online via the united states postal service website.

When forwarding your mail, ensure you list the names of everyone moving and the address of the new home. Then you will need to specify a date when you want the mail to begin being sent to the new location.

Along with forwarding your mail, you need to remember to change the address on other government documentation, such as:

  • Car registration
  • Drivers license
  • Voter registration
  • Insurance

When you don’t place your new address on these documentation forms, completing other things you need to complete after you’ve moved can become challenging.

When you’re moving a long distance, the last thing you want to do is travel back to your previous residence to take care of things that should’ve been completed before the move.

Preparing for a Long Distance Move & Things You Need to Know

When preparing for a long-distance move, you need to know several things, such as ensuring you forward your mail ahead of time. You should also remember to schedule movers and request estimates to help move your belongings from one place to another.

If you want to know more about this topic, continue to scroll through the posts in this section.

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