Get More Cash From Your Personal Injury Settlement

MoneyPersonal injuries can be a big disruption in anyone’s life. First, there are medical problems causing pain and long-term discomfort. there’s also the matter of the financial costs. Medical bills and loss of earnings due to injury are just two of the many ways you could lose money from a personal injury. If you’re not at fault, you will most likely go for a settlement to recoup your losses. This guide is here to help you in recouping as much as possible and losing as little money in the process.

Protect your income

Something all employed people should consider is income protection insurance. It can provide short-term coverage for any loss of income, whether it’s due to injury or other factors such as sickness or stress. Income protection insurance usually pays a set percentage of missed payments. It’s no replacement for settling the losses in court but it is a good way to cut those losses down until the settlement comes through.

Know the figure you want

You should calculate the settlement you’re aiming for before you set foot in a court. There are methods of dividing how much you are likely to get, such as this calculation for personal injury settlement awards. It takes into account bills and income lost as well as inconvenience and emotional distress. With a figure to share with your attorney, you are put in a better place to negotiate from.

Mitigate your costs immediately

Lawsuits can be expensive. There are firms that offer no-win, no-fee agreements, but these can end up costing much more in the long run. You can mitigate the costs of your representative by arranging a lawsuit cash advance. This is a specialized loan for legal costs during a lawsuit, with the ability to pay it back after the suit is successful. This is recommended for cases that are clear cut, allowing you much more freedom.

Collect as much evidence as possible

The more evidence you have about your personal injury, the better your chances are of reaching the settlement you deserve. Inform the police about the accident as soon as possible so it’s on record. Take photos, collect your medical bills and produce proof of the earnings you have lost since then. Keep a diary of any discomfort or troubles caused by the accident since. Note all the details of the scene and course of events during the accident itself. The more accurate information you can provide, the stronger a case you will have.

Hire lawyers you can trust

Choose your lawyer carefully. Deals that may sound too good to be true often are. Make sure you do your research online and check out their ratings and referrals. Talk with them personally and make sure they specialize in personal injury law. Even more important is that you understand exactly how you’re going to be billed before you hire them. Finally, their availability to talk with you and provide these details is a good sign.

Loss of some money during the process of getting your settlement is inevitable. Follow the tips above and you can cut those costs down dramatically, before ensuring you get the full amount you deserve.

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Property Matrix: A Review

Property MatrixWith so many property management software packages on the market, determining which one actually suits your specific needs requires some time and effort. But if you are looking for one that is geared towards multi-family unit homes and apartment complexes, then consider using a property management system.

Property Matrix is a state-of-the-art property management system that offers a full suite of applications for managing multiple properties simultaneously, such as tenant and lease tracking, building maintenance, property accounting and customer relation management (CRM). It delivers all these features in an easy-to-use, sleek and attractive interface.

Considering most users are too busy to bother with lengthy user training, the software package is designed for ease of use. The most striking thing about it is that it allows access to multiple features from a single page, which makes its painless for even first time users to find what they are looking for with little effort. Thus, it can easily get five out of five stars on user friendliness.

  • The Properties Page allows you to manage marketing, billing and maintenance at the same time. You can quickly and easily do things like filtering for vacancies or specific units, checking on maintenance requests and creating invoices. While saving you time, it helps you get a clear picture of everything that is going on.
  • The Owner’s Portal gives you access to everything that you need to manage and monitor your property, whether you want to view statements, check maintenance costs or make sure that tenants have paid their rent. You can manage all your bills, invoices and revenue right from this page.
  • The Accounting Page gives you access to a robust accounting package that comes with a general ledger, accounts receivable, accounts payable and a detailed transactional history to keep track of all the money coming in and payments going out to vendors. You can schedule recurring payments, apply discounts to specific sections on a lease, and accept visa payments.

Maintenance is a very important part of property management. Property Matrix comes with a full-featured maintenance module that allows users to report incidences, which is then routed to the maintenance panel so that someone can be quickly assigned to handle the request.

Property Matrix is a cloud-based system. As you may already know, a cloud-based system has several advantages, such as increased productivity with fewer workers (economy of scale), reduced spending on IT infrastructure, reduced capital costs, improved accessibility (you can access it anytime from anywhere), reduced personnel training, the ability to change or upgrade the system easily and without much cost, as well as there is no need to buy expensive software licenses.

The pricing is really simple: $1 per unit per month with a $200 minimum. All of the necessary features and services are included in the price.

Property Matrix helps you communicate with owners and tenants faster, collect payment faster, easily share information with property owners, post impressive ads to attract tenants, monitor your finances easily, and manage multiple properties effortlessly.

Picture from Sabastian-Z

Online Lenders Can Offer The Right Bridge Between Paydays

Every now and then, unforeseen expenses crop up and leave us on unsure ground. Luckily, online lenders can help you. Using advanced technology, these companies successfully match customers with suitable loans, helping you bridge the gap between paydays. However, there are a few benchmarks you need to keep in mind before you make any final selections about the company you’ll be dealing with.

The online application process is designed to be quick and straightforward, and a lender’s decision can be delivered within minutes of receiving the loan request and verifying the application information. In many cases, funds can be deposited into your account on the same day, or the next business day, so you can deal with your financial situation without delay.

Short-term online loans can be the right type of bridge when you need to pay for an urgent car repair, a medical emergency, or some other type of personal expenses that just can’t wait until next payday. There are many reasons to consider a loan to help with immediate expenses. For example, applying for an online loan to pay for an overdue utility bill can help avoid having to pay late fees, penalties, or the risk of disconnection. Meeting your financial obligations on time can also help improve your credit score. Usually, repayment of the loan in full is automatically deducted from your bank account on your next regular payday so that the entire process is completed promptly and efficiently. People who need to borrow funds that come with a longer repayment schedule may be better suited to the online lenders that offer lines of credit.

When you investigate the website of reputable lenders, you’ll find they’re very direct about the services they provide and strive to make it easy to access information about how the procedure works, how the loan is repaid, and the way interest and other charges are calculated on the amount borrowed.

In addition to offering the option of convenient online loans, ethical lending companies like MoneyKey exercise responsible lending practices so there are no hidden costs, and customers are not encouraged to take out loans they can’t afford to repay on time. Making sure the application and loan sourcing methods are explained in simple language allows the borrower to clearly understand the lender’s requirements so there’s less risk of getting into financial trouble. Repaying the loan on time establishes a good relationship with the lender so you’ll feel comfortable using their services again.

The best of these companies will explain how much money you can borrow, the cost of borrowing, and the time frame for receiving and repaying the borrowed amount. Because you probably need the money as soon as possible, a firm that offers a simple online application, a speedy approval process and a same-day deposit is a sign you’ve found a company committed to providing customers with transparent and reliable lending services.

When you need a loan for a short period of time, or even a line of credit, it’s important to find a place that allows for flexible repayment options and great customer service. Taking the time to research the characteristics of a professional lender will make the process run more smoothly, and get your slippery financial situation back on solid ground!

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Which online lenders do you use?

Credit Card Convenience Has a Catch

ccI remember nearly 25 years ago a friend dropped me at a car rental at Orlando Airport. I wanted a car to go down to Miami; I was flying to Cancun in Mexico later in the day. I was asked for a credit card. I said I had plenty of money and would pay cash. I didn’t have a credit card even though I had been working for many years by then. Cash was not acceptable initially until I showed them my airline ticket. I got the car with a warning that if it was not returned to their Miami office by a certain time the FBI would be on my tail.

The reason seems obvious now. A credit card was a combination of identity card and the company’s insurance that I was not going to drive off over the USA a bit like Thelma and Louise did in the film of the same name. There are many questions relating to how people use credit cards and what benefits they have brought to their users and the companies that accept them for payment. The answer to the question pre-recession is certainly different from the one that many would give today. Credit Card Companies were throwing credit around before the recession came, and lots of people were happy to take it.

Things have changed. Cards are still very convenient, but used irresponsibly can still create all kinds of problems for their users. Many people use to have a number of credit cards and spent up to their limits on each; they simply got another and paid the minimum monthly amount on those where their credit was finished. The minimum rarely knocked anything off the outstanding balance when interest was added.

While a consolidation loan could sometimes pay off the balances often, they merely added to the amount of money people were spending each month to keep afloat.

Financial institutions often looked at students as their future customers and offered incentives for them to sign up for a credit card. Suddenly they had something on their hands that they could use to spend on anything they wanted up to the approved limit. The problem was not confined to young students; everyone was tempted and generally everyone was accepted and given a card.

Things have changed, but there is still a level of temptation with that little piece of plastic. There are some rules that everyone should follow for getting the convenience of not having to carry cash. Most are obvious but often forgotten. A credit card is not free money; interest will be charged on outstanding balances making that bargain purchase more expensive than it seemed.

Anyone signing up for a credit card needs to use it sensibly and know exactly the terms and conditions under which the card has been issued. It is essential that the card is used in such a way that the convenience is a definite advantage, and there are no downsides. It is important that users are never late with their monthly payments and that the expenditure that is going on to the card is included in any personal budget that the user is supposed to be following.

Budgets that are artificially supported by a credit card are quite dangerous. Everyone can meet their monthly bills while building up an increasingly large balance on a credit card. The day of reckoning will come in the end, and it will not be pleasant.

I got a credit card shortly after my Orlando experience; it is convenient, but it demands discipline.

Steve Smith is a retired financial director living on the wonderful Turquoise Coast of Turkey. He has seen many wonderful places in every Continent of the World.  He is a Graduate with Honors and since retirement has been writing professionally for a range of business clients either side of the Atlantic for four years.

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