One of the Best Kept Secrets in Injury Law – Lien Reductions
Attorney Tyson Mutrux describes in this video one of the best kept secrets in Injury Law – Lien Reductions
Hi! Tyson Mutrux with the Mutrux Law Firm here. So, I want to talk about one of the biggest kept secrets when it comes to how an attorney can help you when it comes to personal injury litigation, and it’s not what you might think. A lot of you think, “Oh, it’s the value an attorney can get me. He can get me the biggest settlement amount,” and it’s not that because if the attorney does not get the liens reduced, the medical provider bills reduced, you can get substantially less money.
So, the secret is, “Is the attorney can actually get the liens and the medical bills reduced substantially based upon lien statute,” or sometimes we can just negotiate them even if they don’t have a lien on the case, and so what that does is, it doesn’t benefit the attorneys at all, what it does is it puts more money on your pocket, so for example, let’s say it’s a $100,000 claim, there’s $50,000 in medical bills that need to be paid back because they’re liened, the liened up the case. Lots of times the attorney can get those reduced down to substantially less, let’s say $25,000, and that difference between that $50,000 and $25,000 is straight into your pocket, not at the attorney’s pocket, no one else’s pocket, straight into your pocket, so that’s something that’s often overlooked whenever you’re factoring in hiring an attorney. So, that is one of the biggest kept secrets you may want to ask if you’re talking to an attorney, how they’re able to reduce those liens, if they know anything about it.
If you have any questions about it, if they’re not able to address, give us a call at (888) 550-4026 or check us at www.mutruxlaw.com. Thanks for watching. Have a great day.