How Long Does It Take to Settle a Personal Injury Case?
Personal injury cases such as car accidents and medical malpractice claims can take months or even years to settle. While there is no “average” amount of time that it takes for a claim to resolve, there are several factors that may play a role in determining the length of the case.
At Triumph Legal Funding, we know how frustrating it can be to wait for a settlement on a case. We know that litigation is only taking longer in most cases and that few injury victims can wait for the payout that they deserve. We can help get you the money you need now while you wait for your case to resolve.
Contact our office for no-risk fast approval on pre-settlement legal funding. Call (973) 362-3500 or fill out the online form to get started.
How Long Is the Average Personal Injury Case?
Since every personal injury case is different, it can be difficult to predict how long a case will take to reach a settlement or verdict. Some cases can be resolved in a matter of months, while others take years to conclude.
It is important to remember that most cases are subject to a statute of limitations, meaning that you only have a limited amount of time to file a claim for damages against a liable party. Failure to bring a lawsuit within the statutory time period could result in your case being dismissed.
Because personal injury cases often take an extensive amount of time to resolve, it is in your best interest to retain legal counsel and file a claim as early as possible.
What Factors Determine the Length of a Case?
There are several factors that may determine how long it takes a personal injury case to settle. Generally, the more complex the case is (multiple parties or serious injuries involved), the longer it will take to complete.
Factors that may determine the length of a case:
- The facts of the case
- The number of parties involved
- Whether there is a question of liability
- The extent or severity of your injuries
- The availability of evidence
- Your eagerness to resolve the case
- The willingness of an insurance company to negotiate
- The jurisdiction and the court
While it may be tempting to resolve your case quickly, early settlement offers from the insurance company are usually for significantly less than the claim is worth. These lowball offers will not include compensation for pain and suffering or may not provide coverage for future medical treatment.
What Expenses Accrue Before Settlement?
One reason many injury victims opt to settle their case quickly, even if the settlement amount is low, is that they cannot afford to wait. After an accident with injury, expenses can start to add up. If you are unable to work you may not be able to pay your medical bills or even your living expenses.
Expenses that may accrue before a personal injury settlement:
- Vehicle repairs
- Costs to fix damaged property such as a house, fence, or building
- Expenses related to a hospital stay
- Medical bills
- Physical therapy, chiropractic, and other treatment costs
The out-of-pocket costs of an unexpected injury can be extraordinary. While you may have a valid claim for damages, you may not think it is financially feasible to wait months or years for a settlement.
Triumph Legal Funding understands how challenging it can be to wait for the settlement you deserve. We offer no-risk, pre-settlement legal funding to help ease the financial burden caused by an accident with injury. Our funding is not a loan, it is specifically designed for attorneys and injury victims to ensure that they have the money they need now to get the full and fair settlement they deserve.
Contact Triumph Legal Funding Today
If you have retained an attorney for a personal injury case, contact our office at (973) 362-3500 or fill out the online form for fast approval. Let us show you how easy it is to get pre-settlement legal funding.