Thursday, June 30, 2011

Financial Help for Auto Accident Victims

Sometimes people are in the wrong place at the wrong time. The consequences of the auto accident can be devastating leaving you struggling to pay bills and replace lost wages while recovering. Adding insult to injury, the greedy insurance company, who is only concerned with their own financial well-being will deny, delay, and defend dragging out the litigation process hoping you will settle for a less than case value. You may lack the credit history to qualify for a traditional bank loan. Even if you did, monthly payments would only add to the already stretched monthly budget. How do you and your family survive?

Lawsuit funding is a great option for plaintiffs who need cash fast for the financial necessities of life – mortgage, rent, car payments, and medical expenses. It allows a case to proceed through the legal process without pressure to settle early and attempts to ensure improved case results. A lawsuit cash advance can be provided for many types of litigation including auto accidents, premises liability/slip & fall, malpractice, personal injury, product liability, wrongful death, auto accident, and employment suits, among others.

Pre-settlement funding is a non-recourse (repayment is contingent upon litigation outcome) cash advance; the plaintiff gets the money he/she desperately needs without immediate obligation to repay. If the case is resolved successfully, repayment of principal and profit owed is made. There are no credit checks or employment history required. The funding is approved based solely on the strength of the case, and is not repaid until the case settles favorably. Litigation funding poses no risk; if you lose your case, you owe nothing.

The application and approval process is quick and easy; usually completed within 24 – 48 hours. If your case has not been settled, consider litigation funding. It is not for everyone but it is there when you need it most.

Lawsuit Financial is one of the most experienced lawsuit finance companies in the marketplace. Mark Bello, founder and CEO, is a 33-year trial lawyer veteran, who regularly consults with plaintiffs and attorneys to discuss whether litigation funding is the right fit for them.

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