When an Auto Accident Happens, Pre-Settlement Funding May Be Crucial

With news of a deadly auto accident in White Plains, we are reminded of the unpredictability of auto accidents.

In minutes, lives were changed; at least one family destroyed.  A man was allegedly speeding in the wrong direction for nearly half a mile before his SUV slammed into a Honda, killing a back seat passenger and injuring the driver.  The Honda was traveling so fast that it spun around after impact and skidded backwards 200 feet into the lobby of a nearby office building, leaving the Honda in the middle of the road.  According to reports, the negligent driver was intoxicated at the time with a blood alcohol level of .145 percent — almost twice the legal threshold for DWI.  The deceased woman leaves behind a husband and three young children.

It is impossible to plan for a tragedy like this. I don't know if a lawsuit will be filed, but I do know that unexpected injuries or death can throw a family into financial chaos. If unable to work or pay the bills, many families could lose their savings and their home. Victims wishing to seek compensation for medical expenses, loss of earnings, cost of hospitalization, funeral and burial expenses, and other related damages, should first contact an experienced auto accident attorney.

The litigation process could drag on well beyond what a plaintiff can financially withstand.  When this happens, pre-settlement funding can help plaintiffs stay financial afloat and weather the storm until a fair settlement is reached.

Pre-settlement funding is vital when mounting bills raise the question of settling a claim for less than full case value.  This non-recourse funding is available to most plaintiffs in a viable lawsuit.  The application process is quick because there are not credit checks or employment verification, and if approved, funds can be available within 24 hours.  Once the plaintiff successfully settles the case, the funding company is repaid.  If the plaintiff loses, repayment is completely waived.

If you are the victim of a personal injury or wrongful death claim, consult one of our specialists to learn more about pre-settlement lawsuit funding and determine if is right for you.  As an industry leader, simply providing a lawsuit cash advance to a client is not our only responsibility.  When a case does not qualify for pre-settlement funding, we can offer other advice through our free Client Resource Center (CRC).  This financial assistance program helps people save money and utilize budgeting tips to maintain some financial stability through a pending claim and ensures they are taking the right steps for their future and security.  Visit our website or call us toll-free at 1-877-377-7848 for more information.