A formal written demand for compensation outlining injuries and damages.
Context on Express Legal Funding
A demand letter is a crucial document in personal injury cases, formally outlining the claimant’s request for compensation from the responsible party. Typically drafted after medical treatment and a thorough investigation, it summarizes the injuries, damages, and legal arguments supporting the claim. This letter often precedes the filing of a formal lawsuit, which, as explained on our “Demanda judicial” page, initiates legal proceedings in court. A well-crafted demand letter can significantly impact settlement negotiations and, consequently, the potential for pre-settlement funding.
Significance: Often sent after treatment and investigation, when damages can be summarized.