When people say that America has become a litigious society, they say so with good reason. The United States Courts recorded over 350,000 civil lawsuit filings during 2011. Winning a lawsuit, however, is much easier said than done, and nine out of ten lawsuits are settled and never make it to court. Since you may only get a fraction of what you file for, when should you consider settling if you are a single parent or on a limited income?

Consult Aggressively

Anyone who has watched television, picked up a phone book, or sat on a bus bench knows how easy it is to get in touch with an attorney who can help to win a suit or settle a case after a personal injury. Car crashes in the USA result in $100 billion dollars changing hands each year, according to the Center for Disease Control. A lawyer helps you to maximize the money you can get from your claim. Go to as many free consultations as your schedule allows in order to find the most experienced lawyer with the most successful track record of dealing with insurance companies and motor vehicle accidents. Remember that all tort attorneys work on contingency, so you need not put any money into the case. Likewise, remember that nothing is given in the legal world, so steer clear of any lawyer who makes promises like a sack of potatoes.

The Benefits Of Settling

A single parent or a person on a limited income may not think they have the financial resources to contest a settlement and get the money they feel they deserve. This can become even more stressful when there are medical bills but no health insurance on one party or the other, or even worse- no insurance at all. The Insurance Information Institution reports that some 14% of drivers have no insurance whatsoever. Is it worth it to enter into a lawsuit with someone who can’t even afford coverage? The decision to settle or not is never set in stone, but since the vast majority of cases do end up in a settlement (some ninety percent), you should be wary of a lawyer who wants to aggressively pursue a trial option.

Time And Money Management

When you need money now, you either need to settle now or take out a loan in order to pursue a lawsuit. A trial can last several years, with an appeal taking even longer to determine. When you believe you can capitalize upon your case by pursuing a lawsuit, consider taking out a legal loan in order to pay for expenses between now and the date of the findings. You can find loan funding information at AnyLawsuits.com, or other similar resources, in order to determine whether or not the advantage of pursuing a legal decision outweighs the money available immediately from a settlement. Remember that you may need to plan months or even years ahead when you budget out the costs of a civil claim.

Rick Miller
Rick has been restoring old cars since he first learned how to turn a wrench. His pride and joy is a souped up 1966 Ford Mustang.

Originally posted 2014-12-07 22:50:42.