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Litigation Funding Blog

Cyclist Killed by Drunk Driver

January 29, 2018

A 33-year old man of Wylie, Texas was killed while riding his bicycle early Thanksgiving morning.

The Army veteran died as a result of being struck by a suspected drunk driver. The 26-year-old driver was arrested at the scene of the collision, charged with intoxication manslaughter and taken to the county jail.

The victim’s family wants to draw attention to drunk driving and how it affects victims’ families. They also plan to work toward having more bike lanes in North Texas.

If the victim’s family decides to file a lawsuit, they would still need to deal with funeral, burial and possibly end of life medical expenses if aid was rendered at the scene of the accident. Then, the right financial solution may be filling out an online application for a “lawsuit loan” from a litigation funding company. A lawsuit loan, also called pre-settlement funding or legal funding, can be of significant financial help to a family which must find the funds to pay for unexpected bills as well as monthly financial obligations.

A lawsuit loan enables a cash strapped family to take care of all of their expenses, while they take much needed time to heal and consult with legal counsel. Additionally, pre-settlement funding allows a plaintiff to wait for a just and fair verdict or settlement.

The process to obtain a lawsuit loan is hassle-free and does not require that the applicant to be employed. There are no upfront or ongoing fees and no credit checks. The only requirement of the plaintiff is the name of an attorney-of-record and any documents that the litigation funding company requires to evaluate the application.

Doctors Fail to Diagnose Pulmonary Embolism

January 8, 2018

An Illinois man died of a pulmonary embolism after surgery on his leg.

The 52-year-old man slipped from the cab of his truck in 2011, rupturing a tendon in his left leg. After an operation to repair it, he experienced swelling in the leg, chest pain, shortness of breath and tachycardia. For eight days in July 2011, physicians and a physical therapist did not recognize the symptoms of a pulmonary embolism and no tests were performed to rule that possible cause out. The man’s wife and two children filed a medical malpractice case that resulted in a $3 million verdict.

The jury in the case decided that the man would have still been alive if it was not for the doctors and physical therapist failing to recognize the clearly and easily recognized signs of a dangerous, life-threatening blood clot.

When filing a lawsuit, plaintiffs often believe the precess is straightforward; however, this is not always true. Filing a lawsuit and getting it to either a jury verdict or a settlement can put an enormous strain on a plaintiff’s finances. If a victim were dealing with escalating expenses, one option available to them would be to apply for a “lawsuit loan.” A lawsuit loan, also called pre-settlement or litigation funding, helps qualified plaintiffs pay bills and other expenses.

A lawsuit loan is a non-recourse cash advance to qualified plaintiffs and it permits the applicant’s attorney-of-record the time to build a case and work toward obtaining a full, fair settlement. There are no monthly or upfront fees, and no employment or credit checks. The lawsuit loan amount is based solely on the strength of the case. Repayment is required once the case is settled successfully. Should the case be lost in court, repayment of the pre-settlement funding is fully waived.

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