Should I “Get a Check” Immediately?
Times are tough out there. You’ve heard the ads, where a car wreck lawyer claims that they can get you quick cash if you were injured in a car accident. What people don’t realize is that you will get a lot less money when your case settles.
Your auto accident lawyer has seen it many times. A client hires a lawyer who promises immediate cash. You are in a vulnerable position. You were just injured in an accident, probably missed a few days of work due to the pain and doctor’s visits. The flashy and fast talking auto accident lawyer says you can get money now. Sounds good, right? Not really.
What your car accident lawyer isn’t telling you, is that there are a lot of strings attached to that money you are getting. It is basically a high interest loan shark cash advance. The interest goes up so fast and so high, before you know it, you owe much more than you received.
I have seen a client get $1,500 in cash. But, the loan shark rates are so high, they ended up owing over $10,000! The smooth talking car accident attorney doesn’t tell you this. The car accident lawyer just wants you to sign you up with them, no matter what the cost.
Be careful when you see or hear some car wreck lawyer promise something that sounds too good to be true. You’ve heard the saying, if it sounds too good to be true, it probably is. This could not be any more true than in the lawyer setting. This practice may contribute to why used car salespeople and lawyers are sometimes lumped together!
Your car accident lawyer will tell you that there are many benefits to waiting until your case settles to receive your check. Most importantly you will end up with more money in your pocket when you case ends. You will also not have to worry about how much interest is being added to the money you now owe! You have a enough to worry about, getting the doctor’s office, feeling better and taking care of you and your family. You don’t need any added stress in your life after a car accident.
Next time we will talk about a related topic of quickly settling with the insurance company without a car accident attorney and why not to do it!
Your auto accident lawyer has seen it many times. A client hires a lawyer who promises immediate cash. You are in a vulnerable position. You were just injured in an accident, probably missed a few days of work due to the pain and doctor’s visits. The flashy and fast talking auto accident lawyer says you can get money now. Sounds good, right? Not really.
What your car accident lawyer isn’t telling you, is that there are a lot of strings attached to that money you are getting. It is basically a high interest loan shark cash advance. The interest goes up so fast and so high, before you know it, you owe much more than you received.
I have seen a client get $1,500 in cash. But, the loan shark rates are so high, they ended up owing over $10,000! The smooth talking car accident attorney doesn’t tell you this. The car accident lawyer just wants you to sign you up with them, no matter what the cost.
Be careful when you see or hear some car wreck lawyer promise something that sounds too good to be true. You’ve heard the saying, if it sounds too good to be true, it probably is. This could not be any more true than in the lawyer setting. This practice may contribute to why used car salespeople and lawyers are sometimes lumped together!
Your car accident lawyer will tell you that there are many benefits to waiting until your case settles to receive your check. Most importantly you will end up with more money in your pocket when you case ends. You will also not have to worry about how much interest is being added to the money you now owe! You have a enough to worry about, getting the doctor’s office, feeling better and taking care of you and your family. You don’t need any added stress in your life after a car accident.
Next time we will talk about a related topic of quickly settling with the insurance company without a car accident attorney and why not to do it!
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