Common misunderstandings about the no win no fee agreement
Although around 2.5 million people in the UK sustain personal injuries in non-fault accidents every year, just one third choose to make a no win no fee personal injury compensation claim.
When asked why they have not pursued a claim, some say that they do not know what a no win no fee agreement is and many others have been ill informed about what it entails. While you don't have to pay anything when you make a no win no fee claim through The Claims Solicitors, the actual meaning of a no win no fee agreement is something quite different. Read about what a no win no fee agreement is.
We will discuss some common misunderstandings that people have about no win no fee in an effort to help those who are entitled to make compensation claims to do so in an informed way.
No win no fee means that if I win my case I won't have to pay anything - fact or fiction?
No win no fee only means that you will not have to pay your own solicitor's fees if you do not win your claim. However, you may still be liable to pay your opponent's solicitor's fees and both yours and your opponent's costs.
Costs, also known as disbursements, include court fees, medical reports fees, after-the-event insurance and much more. Read more about disbursements.
You may be expected to pay for such costs upfront and it is worth checking this with your solicitor before you enter into an agreement.
It appears that many people also believe that if they pursue a compensation claim under a no win no fee agreement they will be protected from having to pay any fees if they win their claim.
However, a no win no fee agreement does not have any effect on the fees that you pay if your claim is successful. It only means that you will not have to pay your solicitor's fees if your claim is not a success.
The no win no fee agreement also entitles the personal injury solicitor who undertakes your case to a success fee. This will either be deducted from your compensation award or paid by your opponent. Check who will be eligible to pay the success fee with your solicitor before you enter into an agreement.
Making a no win no fee claim with The Claims Solicitors
Now you are a little more informed about how the no win no fee claim process works, how about making a claim through The Claims Solicitors?
We have an excellent success rate and are highly experienced at dealing with a variety of compensation claims for different personal injuries on a no win no fee basis.
We can help you to claim for pain, suffering, lost earnings, medical expenses and belongings lost or damaged at the time of your accident. We may even be able to arrange for you to receive specialist care in your area.
For more information or to make a no cost, no win, no fee personal injury claim call 0800 197 32 32 today.