Litigation Funding Blog
January 4, 2017
In the right situation, for the right plaintiff, litigation funding is clearly a service that plaintiffs should consider at a strategic time in the litigation process.
A 19-year-old has been charged with two counts of DUI-manslaughter, two counts of vehicular homicide, and four counts of DUI-damage after police say his car struck and killed two pedestrians in October.
The victims were standing on the shoulder of the road about 2:20 a.m. when they were hit by a Jeep Grand Cherokee driven by the teen. The crash report states that the driver lost control of the vehicle and hit a city bus stop bench, a parked car, and then the pedestrians. The crash caused the jeep to flip and both victims were thrown to the ground. They died at the scene. The teen and his passenger were transported to the hospital with non-life threatening injuries. Investigators calculated the vehicle was traveling at 78 mph in a 45 mph zone.
The negligent driver consented to a blood test while in the hospital which revealed that he had 0.085 grams, above the legal limit. He also tested positive for marijuana. He is being held on $280,000 bail.
Aside from criminal charges, the families of the deceased victims will likely talk to a wrongful death attorney to discuss potential civil litigation. A lawsuit can provide them with essential compensation for funeral expense, lost income, and also help to pay for their emotional pain and suffering.
Justice usually takes time, sometimes as much as several years before a settlement is reached. Litigation funding is an excellent way to pay funeral expenses, medical expenses, regular monthly bills and other necessary expenses. It also helps to prevent damage to a plaintiff’s credit score.
When applying for a lawsuit cash advance, an applicant only needs to provide case details to the funding company. There are no credit checks; credit history does not matter and there is no need to prove employment. Once approved, funding can be available within 24-48 hours. There are no monthly payments to make and the money can be used at the plaintiff’s discretion. Best of all, litigation funding is repaid only upon a successful settlement. If the plaintiff does not receive a favorable cash settlement, he/she is under no obligation to pay back the cash advanced.
Litigation Funding Corporation is a direct lender for pre-settlement litigation funding. If you have been seriously injured due to the negligence of someone else, are seeking restitution, and need financial assistance, call our office or complete our free, online funding application. We may be able to help you financially while your lawsuit works its way through the legal system.
February 3, 2015
With fatal auto accidents, lawsuits are often filed against a negligent driver, but in certain cases, local businesses can also be held liable. Thirty states, including Indiana, have statutory provisions that allow licensed establishments such as restaurants, bars, and liquor stores to be held liable for selling or serving alcohol to individuals who cause injuries or death as a result of their intoxication. Victims and their families should promptly seek legal counsel to determine fault and obtain compensation. Losing a family member is devastating enough, but may also be accompanied by immediate expenses, such as medical bills and funeral and burial expenses. After a suit is filed, if the plaintiff needs financial assistance to withstand during a lengthy litigation process, seeking litigation funding may be the answer.
On July 28, 2012, a vehicle struck a utility pole and flipped over. The driver was thrown from the vehicle; he was not wearing a seatbelt. Luckily, he survived the accident, but is passengers did not. The 32-year-old man left the scene and went home where he did call 911. He told police he did so because he could not find his phone at the site of the accident. When police arrived at the scene, they found three other bodies – the driver’s wife and another couple – which had been thrown from the vehicle. All three were not wearing seatbelts.
The sole survivor claimed his wife was driving the CJ7 Jeep at the time of the crash when a deer ran into the roadway causing the accident. But, a jury recently ruled differently charging him on three counts of causing death while operating a vehicle with a blood alcohol level of .15 or greater.
Now the families of the deceased have filed civil lawsuits claiming Salt Creek Brewery provided alcoholic beverages to the man knowing he was intoxicated. The suits claims the group was on their way home from the brewery when the fatal accident occurred. All are asking the court to “award a judgment sufficient to compensate for loss of love and companionship, incurred medical expenses, funeral expenses and burial expenses and all other relief as is just and proper in the premises.” Jury trials are scheduled later this year.
Lawsuits like this are about holding all responsible, including restaurants and bars, fully accountable for their actions. The bar will likely mount a vigorous defense causing the lawsuits to drag out for months, if not years. For plaintiffs who feel they cannot financially wait to seek justice, litigation funding can help.
Litigation funding is a non-recourse cash advance for those who need immediate cash to avoid settling a case too soon, for less than full case value. The only collateral required is a pending lawsuit. There are no credit checks or employment verifications, and unlike a bank loan, there are no monthly payments. The application takes less than five minutes; approvals typically take less than 48 hours. Litigation funding is risk-free; repayment is contingent on the outcome of the case meaning if the case is lost, repayment is excused. Call Litigation Funding Corporation today for a free, no-obligation consultation or to apply.
October 14, 2014
A woman was killed in a three-vehicle accident when her Saturn was struck head-on by the driver of a Ford Explorer. The Explorer crossed the double yellow line, sideswiping a Camry before slamming into the Saturn. It is alleged that the driver of the Explorer was under the influence of alcohol at the time of the accident. He suffered severe injuries and was transported to a local hospital. The woman was pronounced dead at the scene. She was the single mother of a 5-year-old daughter.
While the investigation continues, the woman’s family should consult an experienced auto accident attorney. If the family proceeds with a wrongful death lawsuit, they may face financial difficulties while waiting for justice to be served. In addition to funeral and burial expenses, this family may be struggling to pay any outstanding bills the woman may have incurred, as well as expenses for the care of her daughter.
A solution to coping financially is pre-settlement funding, a cash advance against the pending claim. Pre-settlement funding companies realize that serious and deadly drunk driving accidents can take years to settle. With loss of income and additional expenses, financial devastation can lead a plaintiff to consider a quick settlement. Fortunately, there is no need to sacrifice a valuable case for pennies on the dollar with pre-settlement funding. Litigation Funding Corporation can’t rewind time so the accident never happened, but we can help you to survive the financial turmoil by providing the money you need now to hold out for the settlement you deserve.
The only requirement to apply is a valid lawsuit, legal representation, and a completed online application. Once your attorney provides supporting documentation, your case application will be reviewed and a decision made. If approved, funds can be made available in less than 48 hours. Pre-settlement funding clients pay nothing until the case successfully settles; this includes no upfront fees or monthly payments. Best of all, if you lose your case keep the money free of charge.
Call us to determine if pre-settlement funding is right for your case.
