Law & Legal & Attorney Accidents & personal injury Law

No Win No Fee Compensation Claims - Fact Or Fiction?

When you are in a car accident or a bike accident, through no fault of the own, you are entitled to compensation for your medical expenses, vehicle repairs and pain-and-suffering compensation through the courts if you're claim is deemed with merit.
If you're in an accident through no fault of your own, than a compensation claim should be filed with an attorney as soon as possible because there are some statute of limitations on accidents and when you filed the claim.
This means that the time between the accident happening in the time you filed the claim should not be a long period of time because you will have a harder time convincing the judge of your injuries because they could've happened somewhere else other than in the car accident or bike accident.
This is why it is important to file your compensation claim as soon as possible after the accident.
Attorneys who work for a no-win no fee compensation are the best kind of attorneys for a motor vehicle accident or bike accident claim against another person.
A no-win no fee compensation attorney means that this attorney will represent you and file a claim on your behalf but will not collect any legal fees unless he or she wins the case for you.
This is also known as having a lawyer on a contingency basis.
A contingency means that the lawyer must win the case for you in order to collect their legal fees.
An attorney will invest a lot of time and money into a case that they believe in, in order to win the claim and therefore be compensated themselves.
All of the attorney fees, up until the time the cases won will be paid by the attorney and then once he or she wins the accident claim, then the fees will be rolled into a payment for the attorney.
You are expected to pay the attorney out of your winnings from the accident claim.
Most attorneys charge around 30 percent of the total amount of what the winnings are collected.
A no-win no fee compensation lawyer can be found by searching the Internet for accident injury attorneys and then by calling to see if they work on a contingency basis.
If they do not win the case then the lawyer will not collect any fees and this gives them an incentive to make sure they win your case for you.
It is best not to represent yourself when you have been in an accident and want to seek compensation from the at fault party.
Hiring a no-win no fee compensation lawyer will not cost you anything until the attorney wins your compensation from the other party.
An attorney will be able to advise you on such matters as your legal right to compensation after an accident and the statute of limitations which is the amount of time you have to file a claim after the accident happens.
Additionally, a lawyer will be able to tell you if you getting the correct amount of compensation because some insurance companies would like to settle out of court even if you have an attorney.


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