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Litigation Funding Blog

Bridge the Gap While You Await Settlement

February 8, 2017

Waiting for your personal injury case to settle can be very difficult financially and mentally. Injuries may prevent you from earning a living to support your families. Without sufficient savings, you will most likely have a hard time paying medical expenses, the mortgage/rent, or even put food on the table. When family and friends cannot help, Litigation Funding Corporation can.

A man sustained serious injuries when his vehicle was rear-ended and pushed into oncoming traffic, where he was hit head-on by another vehicle. He was taken to the hospital with a concussion and a knee injury; he underwent several months of physical therapy, leaving him unable to work. The police report indicated that the driver that rear-ended him was negligent of driver distraction and speeding, but that did not prevent the insurance company from denying, delaying, and defending the claim.

Often times it takes months, even years for an auto accident lawsuit to reach a conclusion. For someone with pressing financial needs, waiting is not an option. As long as the case is strong and the plaintiff has attorney representation, litigation funding is usually an option.

Litigation funding, a cash advance, not a loan, is provided on a non-recourse basis. This means that repayment would be made once the case settles but if the case is lost, the plaintiff would be under no obligation to repay the cash advance.

Our goal is to make sure that plaintiffs are able to support themselves until their case reaches a settlement. This means funding decisions have nothing to do with one’s credit history or employment status, and there are no out-of-pocket fees. Once we receive a lawsuit cash advance request, we will work with the plaintiff’s attorney to review case documents and determine the amount we can advance. This typically takes place in less than 48 hours.

If you were involved in an auto accident, suffered injuries and can’t borrow money from a bank, friend, or family, you may benefit from a non-recourse lawsuit cash advance. Contact Litigation Funding Corporation. Our experienced staff can answer your questions and help you with your cash needs.

Receive Post-Settlement Litigation Funding to Pay Your Bills While Waiting for the Settlement to Arrive

February 6, 2017

For many who have waited months — or even years — for their personal injury case to settle, the prospect of waiting even longer to receive a settlement check can not only be emotionally frustrating, but financially damaging.

Insurance companies lack sympathy when it comes to cutting a settlement check. In the meantime, bills will continue to pile up and financial stresses will not go away. There may be other implications as well, such as the risk to one’s credit rating, foreclosure, or car repossession. In times like this, Litigation Funding Corporation can provide a lawsuit cash advance to meet a plaintiff’s financial obligations.

Litigation Funding helps plaintiffs not only during the litigation process, but also when waiting for a settlement check to arrive, or in cases where an appeal is pending. A lawsuit cash advance is not a loan; there are no upfront or out-of-pocket expenses associated with applying for an advance and repayment is contingent upon receiving a settlement. If the case is lost, the repayment is completely waived.

Don’t take a chance with your finances, especially after winning your case. If you are a plaintiff who has reached a settlement that has not paid out, but are struggling with your ongoing medical bills and living expenses, contact us to apply for post settlement litigation funding. With over 18 years’ experience in the legal finance industry, we have provided non-recourse cash advances before, and after a settlement or verdict has been determined. We offer a quick and easy application and approval process. Once Litigation Funding has all the necessary information, you could receive your cash advance within 24 – 48 hours. The money can be used immediately for whatever purposes you need.

Litigation Funding is an Option for Plaintiffs with Mounting Debt during a Pending Lawsuit

February 3, 2017

If a truck accident has been caused by the failure of the truck or its parts, components or systems, the carrier, distributor or manufacturer may be liable for accident victims’ injuries and other losses. The failure of a truck’s parts, systems, etc., could be a maintenance issue, which would likely make the carrier responsible. But if the failure was caused by a defect that was there from the start, a product liability claim may seek to hold the manufacturer and distributor accountable.

The legal process can be complicated when pursuing the recovery of monetary compensation in a product liability case. That is why it is critical to have an experienced trucking accident attorney on your side who can uncover the facts and achieve the maximum damages award. But, tracking down the source of a defective part or component can be a time-consuming process in itself. When time is not on your side financially, litigation funding can be a lifesaver.

An Alabama family has received $16.8 million after a family member was killed in October 2013 after he lost control of the log truck he was driving overturned.

Cab guards are meant to prevent shifting cargo from contacting the cab of heavy trucks. According to the lawsuit, the cab guard failed. When the load of logs on the truck shifted in the crash, they breached the truck’s cab and struck the driver, killing him instantly. Additionally, the trailer support beams failed to contain the truck’s load in place, allowing it to shift forward, and the trailer had no cab guard attached to it.

According to the court order, the jury found in favor of the plaintiff, noting that the cab guard on the truck was defective in design, manufacture, and warnings.

Wrongful death accidents such as this one often cause immediate and long-term financial problems for family members of the deceased. When that happens, legal finance services can provide both immediate and long-term financial assistance. This service, known as litigation funding, helps plaintiffs pay medical expenses, funeral and burial expenses, and ongoing monthly bills during the litigation process. It is easy to apply for a lawsuit cash advance online or by phone and there are no costs or fees associated with the application. There are also no monthly payments, credit checks, or employment verification. Repayment is contingent upon the outcome of the case; if the plaintiff loses their case, the lawsuit cash advance is waived in its entirety. That is correct; the plaintiff would owe nothing. Where else can you obtain a “risk-free lawsuit loan”? If approved, the lawsuit cash advance would arrive within 24-48 hours by check or by wire.

If you have been injured or lost a loved one due to a product defect or corporate negligence, consult an attorney immediately to help you file your claim. Once you are in a pending lawsuit, if you need financial assistance, consider litigation funding. It may be the difference between settling for less too early and waiting for a fair judgment later.

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