Litigation Funding Blog
June 5, 2017
When fault on the part of a truck driver or a trucking company results in injury or death, victims may be eligible to recover compensation with the help of a trucking accident attorney.
A family of four died on May 16, 2017 after their vehicle was struck by a tractor trailer that apparently failed to slow in a construction zone.
The driver of a Volvo tanker was traveling south toward a construction zone where crews were painting Interstate 95 near the South Carolina state line. According to state police, the driver did not reduce speed and slammed into a pickup truck, pushing the pick-up forward, causing a chain-reaction crash with two SUVs. The tanker then struck another tractor-trailer, which was pushed into a third semi. Gasoline in the tanker ignited; the Volvo ran onto the shoulder and caught fire.
State Police identified the deceased family as a 32-year-old female, a 25-year-old male, and two daughters, one and four years old. The tanker driver also died. Three people in one of the SUVs and the driver of another were flown to hospitals with serious injuries. They have been reported in stable condition. The drivers of two of the other tractor-trailers were treated and released at the scene.
The fatal crash remains under investigation.
The last thing the injured victims or the family of the deceased need is to face legal and financial issues, but it is important to contact an experienced attorney to understand their rights.
A successful civil claim would enable surviving victims and families who lost loved ones to cover medical expenses, funeral expenses, lost wages, and pain and suffering as a result of the crash. Unfortunately, these claims typically take years to settle. Financial strain not only seriously impacts a victim’s life, it also impacts the case. Once a lawsuit is under way, if a plaintiff needs financial assistance, litigation funding may be a valuable option.
Litigation funding is a non-recourse cash advance against the future proceeds of the case. It is a smart strategic move because it allows a litigant to pay immediate bills while waiting for proper case resolution, rather than being forced into a low settlement offer.
To qualify, a plaintiff needs attorney representation and a strong case with merit – that’s all! There is no need for a credit check, employment verification or collateral. Funding decisions are typically made within 24 – 48 hours of receiving an application and applicable case documentation. The only payment made is when the case successfully settles. If the case is lost, the repayment is completely waived.
Why worry about money when a lawsuit cash advance would ease the burden immediately?
If you are the victim of an auto accident, don’t be forced to settle prematurely for a fraction of case value. Let Litigation Funding Corporation remove the financial pressure and gives you and your attorney the time needed to fully pursue your case. Complete our online application or call our office for a free, no-obligation consultation.
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.
July 11, 2011
A horrifying chain of events occurred last October. An 18-wheeler slammed into a line of vehicles stopped on a busy interstate. Five people were killed. Investigators said seven vehicles were stopped on the interstate after an accident involving a dump truck. The driver of the tractor-trailer came up behind the stopped vehicles and, without slowing down, hit three of them causing an accordion-type effect. The force slammed six vehicles into the back of each other. Witnesses said the trucker was speeding and driving erratically.
Driver inattention, driver fatigue, and distracted driving are three of the most common causes of truck accidents. We know that even one death is unacceptable, but the important question is how do we improve these statistics and make our roadways safer? A mother who lost her son in this tragic accident filed a wrongful death lawsuit, but she is also pushing for stricter safety policies and better regulations of the trucking industry.
How can trucking companies stress the importance of driver safety when so many drivers are expected to operate under tight schedules without considering possible variables such as auto accidents and construction delays? How safe is the truck driver 14 hours of service rule? Is greed pushing these truckers to their limits?
This trucking accident may take several months, or years, to resolve. The plaintiff might be interesting in learning about lawsuit funding, a financial service that will provide financial assistance in advance of an expected settlement or verdict. The lawsuit cash advance would give the plaintiff cash now to remove the financial pressure to settle too early for too little compensation.
To learn more about lawsuit funding, visit www.litigationfundingcorp.com/.
