Litigation Funding Blog
May 19, 2010
This motorcycle-automobile accident case was eventually settled for $300,000. It was a bit unusual, as it was filed against a city because the person involved in the accident was a police officer. The officer was not the biker; the officer was driving the car that was hit by biker.
Here is how it happened: The biker was on his way westbound when a city police cruiser crossed right in front of him (across two lanes) without signaling and without the use of his siren. Witnesses said the biker went out of his way to try and avoid a collision but couldn’t make it happen. He hit the cruiser going 30 mph. the EMS crews at the scene were sure he was brain dead because his injuries were so severe.
The biker sustained severe traumatic brain injuries and head trauma, back and spine injuries and a broken leg. He was eventually diagnosed with cognitive disorder as a result of his traumatic brain injuries. Due to that diagnosis, a personal injury lawsuit was filed against the city. The decision was in favor of the plaintiff who will need care for the rest of his life.
While he may not have known this, the biker and his family, would likely have been eligible to apply for litigation funding. It would have allowed them to be able to wait for a fair and equitable settlement or court verdict. They would be able to pay medical expenses, deal with on-going therapy, pay for medications and other operations, as well as special equipment and life counseling. In addition, lawsuit funding would help pay for ordinary bills and expenses while they wait for justice.
A lawsuit cash advance is money given out in advance of a settlement and is based on the amount the personal injury lawyer feels the courts will award. People who apply for it don’t need to have a job, and don’t need a credit check either. Lawsuit funding usually arrives in about 48 hours or less after you have been approved.
April 26, 2010
Every year at least 1.4 million people suffer a traumatic brain injury (TBI). Unfortunately, almost 50,000 people die as a result of their injuries. Most often injuries like this occur from of a blow or impact to the head; most often from an automobile accident. It may surprise you to discover that many brain injuries result from medical malpractice. A TBI may result when a doctor provides substandard care to the patient. This is a form of negligence and may come in many forms. A misdiagnoses or non- diagnoses of a condition, improperly administered anesthesia, a surgical accident (a slip of the scalpel while working on the brain) or some interruption of blood flow to the brain are just a few examples. Anytime someone has a brain injury, the consequences are always serious and in many instances, life-altering.
In any case that involves head trauma, aneurysms or brain tumors, severe brain injury or death may be the end result if the condition is left untreated. Injuries of this nature have devastating consequences for those who have been hurt, and affect many areas of their lives. Victims may be dealing with speech impediments, paralysis, chronic pain, seizures, depression and astronomical medical bills. In addition, brain injuries impact on the whole family.
If the TBI was caused by an auto accident, slip and fall, or medical malpractice, a personal injury lawsuit is often filed by the victim/plaintiff; personal injury litigation takes a long time to resolve and TBI are often disabled as the result of their injuries. These litigants and their attorneys may be interested to know that they may be able to access lawsuit funding during the course of their litigation, to assist them, financially. Litigation funding is money given in the form of a lawsuit cash advance against the future settlement or verdict expected, or predicted by your attorney. The victim may use this lawsuit cash advance to pay mortgage payments, car payments and other important bills and expenses. They can also pay for medical or physical therapy treatments while they await settlement. And lawsuit financing is contingent upon recovery; if you lose your case you do not have to repay the money. The application process is simple; you can apply for free by phone or on the internet. Legal finance might make a huge difference in the bottom line in your case.
April 20, 2010
It was a clear and crisp day in Kentucky when a school bus and a car met head-on. The bus was carrying kids from two elementary schools and headed south on the highway when a northbound car lost control when it hit a patch of ice. It spun out, veered over the median and smacked head-on into the bus.
Three kids on the bus were badly injured and taken to the nearest children’s hospital by EMS crews for medical assistance. The others were transferred to another school bus and returned to their schools. Police on the scene were trying to figure out the exact cause of this accident. The roads were slippery, but drivers, when faced with poor road conditions, should be slowing down and driving with care.
There are unanswered questions here; they revolve around how fast the car was going, whether the driver was paying attention to the roads, and if not, why not? Was the driver too busy doing something else, inexperienced or on a cell phone? When the police get answers, it will determine what kind of citation may be handed out.
Depending on how serious the children’s injuries were, their families might want to talk to a personal injury lawyer about filing a personal injury lawsuit to recover compensation for their medical bills etc. It never hurts to seek professional advice in cases like this.
If they retain and attorney and pursue personal injury litigation, they will discover that cases like this tend to take a while to be settled or have a verdict handed down. This might mean the families may want to also consider litigation funding to tide them over. Also known as lawsuit funding or a lawsuit cash advance, this type of funding has helped thousands of people pay their immediate bills and provide money to deal with current expenses.
Legal finance services will, very simply, allow the plaintiff(s) wait until they get justice, rather than have to take any offer thrown their way because they desperately need the money. There is no point in letting the insurance company keep your money. Good people utilize lawsuit funding when they are in a bad place and need help paying bills until their lawsuit resolves.
