Accidents happen in life, but not everyone is willing to accept responsibility without pressure. If you’ve been recently injured by another party, you can sue them for damages. You can also file a lawsuit if someone breaks a contract.
But how much does it cost to sue, and is it worth the price? There are a number of factors that go into that decision.
The procedure for suing an individual is going to be very different than suing a company. You might also end up paying much more than you expected.
Here’s everything you need to know before you take your issue to court.
How Much Does It Cost to Sue Someone?
Before suing an individual, you have to consider both the lawsuit cost and the lawyer cost. Lawsuits can take months, if not years, to get to trial. There’s no one-time payment when it comes to the process.
A civil lawsuit is the most common type when dealing with individuals. Every state has its own individual cap on what amount counts as one.
The biggest cost for a lawsuit is the attorney’s fees. Not only do you pay for a lawyer’s services, but they also get a percentage of your winnings. If you don’t win, or the lawsuit is dropped, you’re out whatever amount you’ve paid them so far.
For a simple lawsuit, expect to pay around $10,000.
How Much Does It Cost to Sue a Company?
Going after a company is a much larger endeavor, overall. Not only will you likely have to pay more for a better lawyer willing to take on the case, but the process takes much longer. Don’t expect it to take anywhere under a year.
The average cost of a business lawsuit can start as little as $54,000.
Can I Sue Without a Lawyer?
A plaintiff doesn’t need a lawyer in order to start a lawsuit. However, they may find that the case is much more than they can handle. Additionally, attorneys are specifically trained to deal with legal proceedings.
If you want to win a big lawsuit, then you’ll need to bring in an expert.
Finding a Loan
Since you’ll want a lawyer in order to win a lawsuit, it’s important to find the money to afford them. Loans for a lawsuit case work by evaluating how much you may win from a win or settlement. As long as they see you as a worthwhile investment, you should be able to get the money you need.
Affording a Lawsuit
While a lawsuit may seem like a way to make money when another party is liable, it can take a significant investment. Attorneys don’t come cheap, but their services are well worth the money.
So, how much does it cost to sue someone in your state?
Reach out to whatever lawyers are in your area, and sit down for a consultation. They’ll let you know what to expect for whatever lawsuit you’re pursuing.
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