subject: Why You Should Not Delay Making A No Win No Fee Compensation Claim [print this page] For all the benefits and convenience offered by making a no win no fee compensation claim, often when people have had an accident one of the last things they'll be thinking about will be compensation. However, haste is of the utmost importance.
Should you be involved in an accident then clearly one of the first things which will be on your mind for some considerable time will be your injuries, medication, healthcare, rehabilitation and recovery. If your injuries are such that you are prevented from working for a period of time then you will also be spending a considerable amount of time thinking about your financial situation, liaising with your employer to try to negotiate the difficult situation in which you find yourself, and thinking about the future.
As your income may well be reduced, or dry up completely you will also find that you are spending a good deal of your time worrying about the bills you can no longer afford to pay, the nasty letters arriving daily through your letterbox, and contacting your credit card companies, the phone company and so many others to try to negotiate payment arrangements whilst things are tough.
It is understandable therefore that making a no win no fee compensation claim is unlikely to be the first thing which occurs to you. However, it should be something which you consider as soon as possible, and for several very good reasons.
First of all it is important to make sure that your personal injury claim is initiated as soon as possible, to maximise the chance of you receiving the money that you deserve, and need, as soon as possible. The vast majority of no win no fee personal injury claims are settled out of court, which means that they needn't take terribly long. Starting a claim early means that you will have less time worrying about how you will meet your financial obligations.
It is also considerably reassuring to know that compensation is headed your way, and something which will help you when negotiating your financial position with your creditors.
But it is also important is to contact your solicitor as soon as possible in order to make sure that any evidence which may be necessary to support your case is gathered quickly. All too often personal injury claims fail because they were not initiated early enough for crucial evidence to be gathered. For example, uneven surfaces may be repaired before evidence could be gathered to prove that they were dangerous.
So although it may be difficult to think about making a claim when there are so many other things on your mind, it is very important to do so as soon as possible.
