Litigation Funding Blog
October 24, 2016
Earlier this month, two sisters were hit in a crosswalk as they approached the entrance of a Wal-Mart. Witnesses said the driver of a Ford Explorer was driving excessively fast, talking on his cellphone and looking into the store while driving along the building’s entrance. One of the women was pinned underneath the SUV. Both women were taken to the hospital, where one died the next day from injuries sustained. The driver was taken into custody and charged with felony DUI causing death and DUI causing serious bodily injury. Our hearts go out to the family in this terrible DUI accident.
As the criminal case is underway, the family of these sisters should consider filing a wrongful death and personal injury lawsuit against the driver. A lawsuit can provide the victim and family with essential compensation for replacing the income, and also help to pay for their emotional pain and suffering, as well as any medical and funeral expenses.
For plaintiffs faced with depletion of financial resources and possibly dealing with severe injuries, and/or loss of employment, a plaintiff might give up and settle the claim for too little. Another option would be to hold out for just compensation by securing a lawsuit cash advance, known as litigation funding.
Litigation financing 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. There are no monthly payments to make; we are not a bank. There are no credit checks; your credit history does not matter and you don’t need to prove employment. Best of all, litigation funding is repaid only upon a successful settlement. If the plaintiff does not receive a favorable cash settlement, he/she need not pay back the cash advanced.
In the right situation, for the right plaintiff, litigation funding is clearly a service that plaintiffs and personal injury attorneys should consider at a strategic time in the litigation. Call or visit Litigation Funding Corporation online to learn how we can relieve your financial concerns, prevent you from settling your valuable case for less than it is worth, and continue to provide you with needed assistance throughout the long legal process. We want you to focus on your lawsuit; we want you to obtain full compensation for your injuries, no matter how long it takes.
August 20, 2015
An 18-year-old Georgia teen has pleaded guilty to three counts of second- degree vehicular homicide and been sentenced to 24 months of probation in an accident that killed three people. The teen was driving a Ford Taurus southbound on a two-lane road when she tried to pass a pick-up truck. When the teen saw an oncoming vehicle, she tried to return to the southbound lane, but sideswiped the truck which spun and struck an oncoming SUV. The driver and a passenger in the SUV died at the scene. The 19-year-old driver of the pick-up died three days later; her teen passenger suffered serious injuries. Police said speed and alcohol were not a factor in the accident; it was just a lack of judgement.
The parents of the deceased truck driver filed a wrongful death suit alleging that the 18-year-old was negligent through her failure to maintain the lane and for attempting an improper pass. In her response to the suit, the teen said she was trying to pass the truck, but the truck driver sped up. While she admitted to the manner of the accident, the teen denied any responsibility. The wrongful death claim seeks $10 million to recover the full value of their daughter’s, another 60-plus years, as well as compensation for medical, funeral and burial expenses, attorney fees, and pain and suffering.
A wrongful death lawsuit can not only be emotionally draining, but can leave family members financially strapped. While Litigation Funding Corporation can’t bring back a loved one, we can put an end to the financial worries while plaintiffs wait for a settlement. Qualifying for litigation funding is simple and easy; the only requirements are attorney representation and a strong case. Best of all, a lawsuit cash advance is non-recourse meaning that if you end up losing your case, you owe us nothing! We only get paid back if, and when a successful recovery is made.
If you lost a loved one because of the negligence or liability of another and have filed a wrongful death lawsuit, don’t wait another minute. Fill out our litigation funding application or give us a call to start the process.
December 9, 2014
A 2008 accident between a SUV and a utility truck left the driver of the SUV paralyzed for life. Each driver alleged that the other rain a red light; each claimed the other caused serious injuries. The two cases were consolidated, then tried together. The jury found the utility truck driver 95% negligent and the sport utility driver 5% negligent. The award was $25 million, reduced to $23.8 for the 5% comparative negligence.
Despite a favorable settlement, it was a long legal battle, especially for the paralyzed victim who could no longer work. Ever wonder how a person who cannot earn a living litigate a case for so many years, without assistance in paying ordinary bills and expenses? Social Security Disability benefits may have helped in this case, but these benefits most likely fell far short of paying this man the wages that he was making before the accident. He could/may have sought litigation funding.
Auto accident litigation funding is not just a good option; it is often times the only option. Expenses that an injured victim can suddenly cannot afford can be normal, everyday costs, but these are compounded by the following additional bills and expenses:
• Hospital and medical bills
• Physical therapy
• Medication
• Lost income or wages
Litigation funding has the priceless quality of assisting victims in turning down unreasonable and insulting offers from insurance companies which are trying to take advantage of the plaintiffs’ financial distress. Legal finance services are easy to apply for, either online or by phone. It costs nothing to apply, there are no credit checks, no employment requirement, no upfront fees, and no hassle. If your case is approved, the money is yours and is in your hands within 24-48 hours. Use litigation funding proceeds to pay important bills and expenses: Excess medical expenses, mortgage or car payments, tuition, rent, groceries are some of the many good ways to use legal funding. And, funding is completely contingent upon the outcome of your case; you only have to pay us back if you win your lawsuit and receive compensation.
If you don’t have the financial ability to wait out the litigation process for a settlement or verdict in your auto accident lawsuit, litigation funding could be a lifesaver. Simply complete our easy, online application or call our office toll-free. Our experienced and professional staff can help you understand the legal finance process so you can determine if a lawsuit cash advance is right for your case.
December 5, 2014
Many families need wrongful death litigation funding to help with the financial burden of medical expenses, lost wages and funeral expenses.
After a tire blew, the driver over-corrected causing his SUV to flip several times before landing on its hood. One passenger, who was not wearing a seat belt, was killed. The driver and three other passengers were not injured. The cause of the accident is still under investigation.
In the aftermath of this fatal accident, family members may be too consumed by anger, grief, and confusion to think about the possible legal ramifications in the loss of their loved one. But, it is important that the family consults an experienced auto accident attorney to understand their rights. If it is determined that the driver or auto manufacturer were negligent, the family may be able to recover financial compensation for their losses.
During a long legal process the costs associated with such an accident may exceed the amount of money available to the family to pay funeral and burial expenses and other bills. While their attorney fights for fair compensation, the families should not face a financial burden. Obtaining litigation funding could be a blessing.
Litigation funding can not only help with immediate expenses, but can mean a better settlement value since it allows time to fight for justice- insurance companies make low offers because they know most people can’t wait.
Don’t wait until you can’t pay your bills; a litigation funding may be the important tool you are looking for to support your family as you wait for compensation. The application is free and since litigation funding is based on the merits of your case, employment history and collateral are irrelevant. Funds can typically be wired directly into your bank account in as little at 24 hours from funding approval. To speak with one of our representatives who can best help you understand your options call 248.702.6022.
August 4, 2014
Have you lost a family member due to the negligence of others and need cash now? Death of a family member, especially a bread winner, caused by the fault of another person or company can have devastating legal and financial consequences for the unfortunate victim’s family. These types of lawsuits can take years to resolve. Litigation funding can provide valuable financial assistance to the families of the victims.
Family members of three men who died in a 2007 auto accident on the Chesapeake Bay have filed wrongful death lawsuit. The accident occurred when a homemade trailer detached from a SUV. The lawsuit alleges that the trailer was poorly built and improperly secured, there was no safety hitch pin in place, and the chains used to Investigators also determined that the chains used to pull the trailer were too long allowing the front of the trailer to hit the ground and the bolt that secured the chain to the trailer was improperly secured. It also alleges that the driver of the SUV was driving too fast. Additionally, the suit names the Maryland Transportation Authority as a defendant alleging that it knew the risks in allowing two-way traffic on one span of the bridge and should have installed barriers between the lanes of opposing traffic. The suit also names the owner of the trailer and the drivers of two tractor-trailers involved in the accident as defendants. The lawsuit seeks $19 million.
These families may be suffering financially due to funeral expenses and quite possibly other bills that are piling up due to lost wages. Litigation Funding Corporation may be able to help with immediate cash needs. We are a litigation funding company providing financial assistance in advance of an expected settlement or verdict in a pending case. Securing a lawsuit cash advance can help pay funeral expenses, medical bills, mortgage, credit car debt, and other out of pocket expenses. Litigation funding can also help avoid the pressures of settling too soon, for too little.
There are no application fees or monthly payments. Because we approve funding based solely on the merits of the case, there are no credit checks, employment verification, or collateral required. We are repaid once our clients successfully settler their case; if the case is lost, the repayment is waived.
Call or visit us online for a free consultation or to apply for no-risk litigation funding. We stand ready, willing and able to evaluate your legal financial request to see if you qualify for a cash advance and how much your case can afford.
May 12, 2014
An auto accident took the lives of two drivers when a 24-year-old woman driving an SUV crossed the center line and collided head-on with a truck driven by a 41-year-old man. Emergency personnel reported that both vehicles were mangled. Both drivers died at the scene.
Was the female driver distracted, negligent, or reckless in any way? Was there a mechanical failure causing her to lose control of her vehicle? Although nothing can bring loved ones back, holding the negligent person or party accountable for their wrongful actions can provide some measure of solace.
During a wrongful death lawsuit, family members may struggle financially without the resources to pay the bills. This is why many will often settle for less than they deserve. Few know there is an alternative – pre-settlement funding.
After filing a wrongful death lawsuit, if plaintiffs are struggling to make ends meet until a settlement is reached, they many wish to consider pre-settlement funding. With pre-settlement funding, plaintiffs obtain a cash advance against their future settlement; then repay the advance once the case successfully settles. When the bills are paid, it means one less thing to worry about so family members can focus on their case and getting their life back to normal.
Why should plaintiffs consider pre-settlement funding over a traditional bank loan? First of all, most banks will not approve a loan against a pending lawsuit. But, for comparison purposes, let’s assume they do. Traditional bank loans will typically charge an application fee and monthly payments. They will run a credit check and employment verification. No matter what, the loan must be repaid. With pre-settlement funding, none of these are true. The application is quick and easy; approval is based completely on the merits of the case. There are no payments until the case successfully settles; if the plaintiff loses, the cash advance is completely waived.
Upon receiving an application, the legal finance company will contact the plaintiff’s attorney for case documentation. After review, if the application is approved, funds can be available in as little as 24 hours. The plaintiff can immediately use the funds to pay the mortgage, rent, tuition, utilities, medical expenses, funeral and burial expenses, and fill in other gaps left behind by lost wages; anything the plaintiff wishes. It really is that simple!
If you are struggling financially while awaiting a settlement in your wrongful death case, don’t be tempted to accept less than full compensation. Get the financial help you need from an experience legal funding company so you can wail until your claim is decided by the courts and the settlement you justly deserve is paid. Remember, in the most unfortunate event that you lose the case, you are not obliged to repay the cash advance.
