Lesson 21-The Advance Company Looks For: Solid Damages
“Solid damages” is another way to say “the real money amount that will probably be paid to the injured party” or better yet, “What’s this case worth?” and that amount is nearly always directly proportional to the severity of the injury. The damages can be in the form of “compensatory” (specific provable amounts) and “general” (less specific or tangible) and, occasionally, “punitive” (higher amounts added to the other damages in order to punish the Defendant.)
“Solid damages” is directly related to the serious injury discussion. As was noted earlier in the serious injury discussion, the standard for a serious injury isn’t very high, but a personal injury lawyer doesn’t want to waste their time (and money they expend for their own review process) with a low damage amount and neither does an advance company.
The personnel of an advance company know what damages the advance company is looking for and they are in a good position to look at the case and try to spot anything in the case information that may promote a higher money amount for the Applicant in their personal analysis notes to the advance company. The higher the dollar amount that the advance company sees, the higher the advance. And the higher the advance that is made, then the higher the paycheck is for you, the independent Case Broker.
But can the Applicant prove the injury happened the way they say it happened?