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Monday, March 9, 2015

Personal Injury Claims: The Benefits of a Cash Advance

If you have been injured in an accident and you are seeking to claim personal injury compensation then you could be entitled to a cash advance. Personal injury claims can be daunting and the perceived financial ties can prevent victims from making a personal injury claim. However, if you have a strong case then it is possible your personal injury solicitor will consider giving you a cash advance. This is a lump sum that is often awarded to victims of personal injuries in order to help them cover any costs they may be facing before they have successfully won their compensation. This can include covering medical expenses, travel costs and even a loss of income resulting from the injury.

Who is Entitled to a Cash Advance?
 
A cash advance is applicable to all victims that have suffered an injury once your personal injury claim has been accepted by their chosen personal injury solicitors. Whether you have been the victim of a road traffic accident, including situations in which the negligent driver had no insurance at the time of the accident, a slip, trip or fall,an accident at work, or even medical negligence cases you will be entitled to a cash advance if you have had a legal professional agree to represent you. In many of these cases, your injuries will have been directly caused by the negligence of others, and if this is the case then it is likely you have a strong case for receiving a cash advance payment to cover your costs before you receive full compensation.

Financial Stability 
 
An up front cash advance will enable you to secure the financial stability while claiming for the compensation you deserve. It is possible to receive an advance up to £1500, so any victim can secure the legal services they need. This cash advance can also be used to pay for vital rehabilitation or medical expenses, as well as paying for long-term treatment. Receiving fast and high quality medical assistance can be the difference between a full recovery and lifelong injuries. You may also require financial help if you are unable to return to work after your accident, and a cash advance may help you to get through your recovery whilst seeking the compensation you deserve. No matter what type of accident you have endured, a cash advance can prove a lifeline for many victims of injuries and accidents regardless of the type of personal injury compensation claim.

Control of a Cash Advance
 
Many personal injury claim solicitors will allow accident victims to decide on the cash sum received in advance. Cash advances are limited to a maximum amount of £1500 in many cases, but for those seeking large claims it may be possible to receive the entire sum before the legal proceedings begin. It is also possible in many cases to save the advance until the claim is complete, so you can ensure that you will benefit fully from your compensation total once your case is successful.
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