Thursday, August 27, 2015

Judge Rules Lawsuits Can Be Heard, but it Doesn’t Speed Up the Litigation Process



In December 2013, a private passenger ferry ran aground near Battery Island, North Carolina, sending passengers flying and injuring 14 people. One passenger said it was like "hitting a brick wall.” Fifty-three passengers were aboard the 64-foot ferry at the time of the accident. According to a U.S. Coast Guard Report of Investigation, the captain of a Bald Head Island ferry likely was daydreaming at the time of the accident.

Nine of the injured passenger and one injured crew member filed lawsuits. Despite a request by the Bald Head Island Transportation (BHIT) to dismiss pending claims, a federal judge recently paved the way for the suits to move forward. In his ruling, Judge James Fox stated that the boat’s owners “had knowledge that Captain Melton was chronically inattentive while operating the ferry and had already received several warnings in yearly performance reviews. Fox said because of a pattern of documented inattentiveness, the vessel's owner could be held liable by continuing to employ the captain. Coworkers also testified about Melton’s distractions and frequent breaks away from the helm. Other issues in the ruling included the fact that no crew member was serving as a lookout on the day of the incident; Melton was traveling outside the marked channel; and the grounding alarms were out of date or turned off the day of the incident.

While Judge Fox’s ruling ensures that the lawsuits will be heard, it does not speed up the slow judicial process.  Plaintiffs in these cases may still have to wait years before their case is resolved and they receive any settlement or award monies. Meanwhile, if bills and expenses are mounting, some may be tempted to settle too soon, for too little just to stay financially afloat. Fortunately, there is another option – litigation funding.

Litigation funding from Lawsuit Financial is a cash advance against the expected recovery. This type of legal funding is not a loan; there is no credit check, employment verification, or monthly payments. The only collateral is the strength of the case. Repayment is made from case proceeds, but if the plaintiff does not successfully settle, the cash advance does not have to be repaid.

If you are in a pending have filed a lawsuit against Bald Head Island ferry or any other corporation due to negligence and are seeking litigation funding contact us today. The application is free, and once approved, your cash advance will be wired to your bank account or sent overnight by courier within 24- 48 hours.

Tuesday, August 25, 2015

Save Your Finances and Your Financial Future with Lawsuit Funding

Plaintiffs involved in a personal injury lawsuit have often suffered a serious injury that prevents them from working and threatens their financial situation.  While a lawsuit allows victims to seek compensation from the insurance company or the defendant who has wronged them, one of the biggest hurdles is the time it takes to settle the claim. It is not unusual for a personal injury case to take years to resolve. In the meantime, the bills must still be paid. In situations like these, banks and other financial institutions will usually turn their backs, even if you are a “valued” customer. They want to see good credit and employment history, and they expect repayment on a monthly basis until the loan is full paid. Seriously injured plaintiffs usually do not fit under these terms. Where can they turn? Lawsuit Financial!

We provide plaintiffs with immediate cash against the expected outcome of their case to help pay for necessities - mortgage payment, medical expenses, groceries, utility bills - without facing financial distress.

You will notice from this list of features that our legal finance services are designed specifically with plaintiffs in mind.
  • A lawsuit cash advance provides the time and money you need to seek justice and fight for compensation you deserve.  It also can help you begin rebuilding your life without worrying about how to put food on the table.
  • It doesn’t matter if you are facing bankruptcy or have poor credit. It doesn’t matter if you are out of work. Funding is based only on the strength of your case.
  • We require no monthly payments. Repayment is made once the case is won or settled, at which time your attorney will cut a check from the proceeds of the settlement. You will never see a bill.
  • If your case is lost, you owe us nothing and we lose our investment.
  • Lawsuit funding can help protect your credit rating. Even if you win your case and achieve a settlement, your credit rating could be ruined if you were unable to keep up with your debts.
  • We understand that when bills need to be paid, time is of the essence. That’s why we offer a quick and easy application process with funding decisions usually within 24 – 48 hours.
  • Every case is thoroughly reviewed to ensure the highest probability of being funded.
  • Lawsuit funding is a non-recourse cash advance meaning if you lose your case, repayment of the cash advance is completely waived. By comparison, a bank expects repayment in full regardless of the end results.
  • You are able to seek the advice of your attorney before making any funding decision, in fact, we encourage it.
  • If your case does not achieve predicted settlement, we will compromise part of our investment.
  • We are the only legal finance company with a free client resource center to provide direction and knowledge to help our clients get back on their feet during the litigation process, and ensure they are taking the right steps for their financial future and security.
Lawsuit Financial Corporation is a leader in the lawsuit funding industry and recognized by attorneys nationwide as a preferred choice for legal funding services. Our CEO, Mark Bello, has thirty-seven years’ experience as a trial lawyer and over fifteen years as an underwriter and situational analyst in the lawsuit funding industry. Get the experience and expertise you deserve. Call us today at 1-877-377-7848.