Could Lawsuit Funding Be the Solution to Your Financial Issues?

You may be familiar with the term lawsuit loan, but assumed you would never be in a “need to know more” situation.  Now, you have suffered serious injuries due to someone else’s negligence and are involved in a lawsuit.  Unable to work and with savings dwindling, it is becoming a struggle to pay the medical expenses, let alone the monthly household bills.  This is where lawsuit funding, commonly mislabeled “lawsuit loan,” can be a valuable solution.

With lawsuit funding, you receive a cash advance so that you can avoid financial disaster while waiting for your lawsuit to settle.  To be considered, you must complete a simple funding application. Once received, the legal finance company will request case documentation from your attorney to determine the merits of the case.  What makes obtaining lawsuit funding unique from a bank loan is that you are not required to provide information regarding your credit standing or employment status.  Additionally, there are no fees to apply and no monthly payments so you do not have to worry about going further in debt.  More importantly, there is no risk; you only repay the advance once your case successfully settles.  No bank can commit to any of those terms.

If you would like to learn more information about lawsuit funding or to submit an application, click here or call 1-877-377-7848.  Lawsuit Financial may be able to offer the financial lifeline you need when no one else can.

With Some Basic Tips Playgrounds Can Be a Walk in the Park

Now that spring has finally arrived, parks and playgrounds will be bustling with children making it a perfect time to focus on children’s outdoor play.  

Playground safety is important, yet often overlooked.  The most common playground injuries are falls, accounting for more than 75% of all playground injuries. Lack of supervision accounts for nearly half of all injuries according to Nicole Vesely, Safe Kids coordinator at American Family Children’s Hospital.  Vesely said that more than 270,000 kids each year are treated in emergency rooms because of injuries on the playground. Seventy-five percent of the injuries are from falls that cause concussions, broken bones and internal injuries. Most playground fatalities are from strangulation.

Kids are going to slip, fall, and tumble; they will get cuts and scrapes.  It is just part of being a kid. But there are little things parents can all do to ensure that kids avoid serious injuries and even death.  

Playground Safety Week (April 21-25, 2014), is a great way to encourage parents to take an active role in learning more about playground safety.  Here are four basic playground tips from safekids.org:

Actively supervise children on playgrounds.

Take your kids to playgrounds with shock-absorbing surfaces such as rubber, synthetic turf, sand, pea gravel, wood chips or mulch.  The protective surfacing should extend at least 6 feet in all directions from play equipment.  Additionally, check that playgrounds are inspected and maintained. Report any hazards immediately to the organization responsible (school, city, etc.).

Dress appropriately. Remove necklaces, purses, scarves or clothing with drawstrings that can get caught on equipment and pose a strangulation hazard. Even helmets can be dangerous on a playground. 

It is important to make sure children always follow safe playground practices.  Teach children that pushing, shoving or crowding while on the playground can be dangerous. 

Playgrounds don't become safer all by themselves.  Prevention is the key to keeping children safe.  The National Program for Playground Safety (NPPS) hopes that National Playground Safety Week will be a time for everyone to focus on safety and injury prevention on playgrounds. Visit the NPPS web site at http://playgroundsafety.org/safe to learn more about playground safety.

Lawsuit Financial hopes each one of its readers will help in making America's playgrounds safe!

Mark Bello has thirty-seven years experience as a trial lawyer and fifteen years as an underwriter and situational analyst in the lawsuit funding industry. He is the owner and founder of Lawsuit Financial Corporation which helps provide cash flow solutions and consulting when necessities of life litigation funding is needed by a plaintiff involved in pending, personal injury, litigation. Bello is a Justice Pac member of the American Association for Justice, Sustaining and Justice Pac member of the Michigan Association for Justice, Member of Public Justice, Public Citizen, the American Bar Association, the State Bar of Michigan and the Injury Board.

Clearing Up Lawsuit Funding Misconceptions

People are harmed every day, but most do not follow through with a lawsuit because they lack the finances to withstand a lengthy litigation process. Many are living paycheck to paycheck, but if they have lost their job due to the injuries sustained, it can be a financial nightmare waiting for compensation from a lawsuit. Banks are not interested in helping, and even if they did, it adds just one more bill to the mounting pile of unpaid bills.  With no financial resources, plaintiffs can lose their home, their car, and their credit rating.  Despite its growing popularity, few people have heard about lawsuit funding.  There are also numerous misconceptions that leave cash-strapped plaintiffs wondering if lawsuit funding is a viable option for their case.

Lawsuit funding is not a loan.  A loan must be paid back, usually in monthly payments. Loans also come with penalties for late payments and can damage personal credit if the borrower defaults. Lawsuit funding requires no payments until the case settles, at which time repayment is made from case proceeds.  Because lawsuit funding is a non-recourse cash advance, the plaintiff is under no obligation to pay back the advance if the case is lost.

Lawsuit funding does not take advantage of desperate plaintiffs.  In reality, lawsuit funding is the emergency cash plaintiffs need when they have no where else to turn.  Legal funding companies provide a no-risk, safe solution to help plaintiffs with their financial needs.  Additionally, there are no restrictions as to how the cash advance is used.  While it is true that interest rates for lawsuit funding are higher than those of traditional bank loan, the high interest balances the risk undertaken by the funding company.

Lawsuit funding does not affect the outcome of a case.  Legal funding companies never get involved in the lawsuit.  Lawsuit funding merely provides the plaintiff’s attorney time to fight for a fair, and often higher, settlement.

Lawsuit funding is not easily acquired.  Due to the high risk lawsuit funding is not generously offered.  The underwriters carefully review case documentation to determine the strength of the case.  Lawsuit funding is also expensive so plaintiffs should not enter into an agreement lightly, but should consider all options before applying.

Injured victims deserve a fair and just case settlement, but without financial assistance they may have no choice but to take the first settlement offer.  If you are a plaintiff in a pending lawsuit and interested in lawsuit funding, complete an online application or call a legal funding expert to discuss your funding needs.

Lawsuit Financial Corporation is a leader in the lawsuitfunding industry and recognized by attorneys nationwide as a preferred choice for legal funding services.  We are dedicated to securing lawsuit cash advances to plaintiffs based on case assessment only.  Every case is thoroughly reviewed to ensure the highest probability of being funded.  With a streamlined process, our professional staff works to ensure that each request for funding is processed quickly and efficiently, with funding available in as little as 24 hours. Lawsuit Financial prides itself on honest and exceptional customer service.  Putting our clients, and their specific funding needs, first is our number one goal.

Litigation Funding For Medical Malpractice Lawsuits and Appeals

When faced with pain and suffering and the mental and emotional anguish associated with a personal injury accident, plaintiffs in a pending lawsuit often overlook the financial hardships until faced with mounting debt.  Victims may find a solution to stay financially afloat in hard times with a lawsuit cash advance.

Litigation Funding For Medical Malpractice Lawsuits and Appeals