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Car Trailer Injury Compensation

What happens when I win my car trailer injury compensation claim with a “no win, no fee” agreement?

Question:

What happens when I win my car trailer injury compensation claim with a “no win, no fee” agreement?

Answer:

When you win your car trailer injury compensation claim with a “no win, no fee” agreement, you can expect the following. Firstly, when you win you may receive the full settlement amount of car trailer injury compensation to which you are entitled, without having to worry about solicitor’s fees as these fees may be retrieved from the losing party in most circumstances.

However, you may want to ask a solicitor about their so-called “success fee” – the fee associated with helping you win your claim for car trailer injury compensation. This is due to the fact that if your solicitor’s fee is considered higher than what the court considers reasonable, you may be liable for any shortfall in costs. Consequently, it is in your best interests to ask your solicitor if you would need to pay for any shortfall prior to pursuing a car trailer injury compensation claim with them.

Furthermore, when you win your car trailer injury compensation claim with a “no win, no fee” agreement, you may retrieve any costs you may have had throughout the process of proceeding with your car trailer injury compensation claim from the losing party. These costs can accrue for “disbursements” (expenditures your solicitor may have had for filing your car trailer injury compensation claim or obtaining medical records to present in court, for example) or for having to take out a new insurance policy beforehand to protect you against the possible risk of losing your claim for car trailer injury compensation.

Due to the matters mentioned above, it is advisable to thoroughly discuss what you may expect prior to you entering into a “no win, no fee” agreement with an individual solicitor.