There are chances you are dealing with a heaping pile of medical bills if you were involved in a personal injury case. If you are waiting for an insurance company to pay you an adequate settlement from the accident, you might be waiting for quite awhile. The added stress on top of debt can leave you wondering how you will pay all your current bills in the time being. Below are some tips to help you pay your bills while you wait for your settlement to go through.
1. Seek a Lawsuit Loan
You can be awarded a lawsuit loan from a lender if your case is strong enough. If you have your personal injury lawyer directly to the lender and share the validity of your case, you may have an easier time with the loan provider for getting your loan approved.
2. Seek An Out-of-Court Settlement Negotiation
Taking your personal injury claim to trial can be a long and excruciating process. Your personal injury lawyer can help you navigate through your options and the procedures of what settling out of court with insurance companies can entail. Going this route may help you get the settlement you need much faster.
3. File a Disability Claim
It may be in your best interest to file a federal disability claim with the proper help and documentation from your doctor if you expect the recovery time to be at the longer end of the spectrum. Your benefit amount may possibly increase if you are expecting recovery to take at least a year.
4. Sell Personal Belongings
It can be a good idea to assess your belongings and try to sell the items you don’t need. These items can be clothes, furniture, electronics, books, etc. You can use apps on your phone, websites, and/or have an old-fashioned garage sale! This will help you get rid of clutter and make money to use towards bills.
5. Apply for a Peer-to-Peer Loan
Peer-to-peer lending is a great platform to use to help pay for medical bills. A quick Google search will result in many available websites when you can share your story online about your accident and financial hardship in the result of the injury. People can then read about your situation and help you by donating money towards your cause.
Start By Hiring a Personal Injury Lawyer
Having an experienced and qualified personal injury lawyer by your side is one of the best decisions you can make if you are seeking you receive compensation as quickly as possible. They will help you navigate through all of your options and help you fit one that suits you best. But before you speak to a lawyer, make sure you have all your paperwork together. The more photos, statements, medical records you have, the more thoroughly a personal injury lawyer can assess your case such as the personal injury lawyer Chicago IL locals trust.
Thanks to authors at The Law Offices of Konrad Sherinian for their insight into Personal Injury Law.