Plaintiffs Use Lawsuit Funding As Part Of An Overall Financial Strategy In Their Case

Personal injury lawsuits are filed so those who have suffered can recover compensation for their loss. An automobile accident lawsuit, for example, can help a victim pay for damaged property, repairs to their vehicle, medical expenses, rehabilitation costs, and lost income.

While a plaintiff is waiting for the case to wind its way through the legal system, s/he may be struggling financially, especially if unable to work due to injuries. Even once a case is settled, the defendant can file an appeal, delaying the settlement even longer. Banks and other creditors will only tolerate missed payments for so long before taking action; they are not sympathetic just because someone is in a pending claim. Late payments lead to penalties that further exacerbate a plaintiff’s financial situation. Credit can be so damaging that it takes years to rebuild one’s credit score to good standing.

A legal finance company can help make up for financial loss with a lawsuit cash advance. This means the plaintiff can receive some of the cash anticipated from the settlement, without the wait, so immediate financial needs can be met. The application process is quick and easy. Once the funding company receives an application, they contact the plaintiff’s attorney for case documentation. It’s that easy because there funding is based on case merit, not employment or credit history. If the case is approved for funding, a check can be mailed or the funds can be wire transferred to the client’s bank account within 24 – 48 hours of approval. With cash in hand, the plaintiff is less likely to accept an unreasonably low offer from the defendant. There are no payments until the case settles, at which time the funding company is repaid the advance plus accumulated risk premium directly from the case proceeds. If the case is lost, the funding company receives nothing and the advance is the plaintiff’s to keep.

It is important to note that while a lawsuit cash advance can be used anyway the client wishes, it is recommended for necessities. For example, if a plaintiff is behind on the mortgage or rent a lawsuit cash advance can help avoid foreclosure or eviction. It can also be used for ordinary monthly bills such as electricity, gas, telephone and other utilities to prevent these services from being cut off.

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.

Little Miss Muffet Leaped From Her Car But Did Not Frighten Her Child Away

Auto accidents can happen for any number of reasons, even when something surprises you while driving. It could be a sneeze, loud noise, a bee, even a spider crawling across the dash board. When this happens, you might panic and swerve or slam on the brake. But, when an Indiana woman discovered a spider on her shoulder as she backed out of the driveway, she frantically jumped from her moving vehicle leaving her 9-year-old son in the back seat. He quickly jumped in the driver’s seat and tried stepping on the brake. Instead, the boy pressed the gas petal, sending the car into a school bus. He was taken to an area hospital with minor injuries. The bus driver was not injured; there were no children on the bus at the time.

While this may seem an unusual story, it is not rare. A New York woman said it happened to her in the summer of 2009. The woman said she made a sharp right turn and her friend managed to slam the car into park before she leaped out the car. Fortunately, no one was injured in her case either.

When an unexpected situations happens while behind the wheel, remain in control and take steps to get your car safely off the road. Then, you can sort out whatever caused the distraction and take your time to calm down before getting back on the road.

Hopefully, you will never be in a situation like this, but being prepared could help save your life, as well as the lives of other motorists.knows that no matter how safe you are, auto accidents can still happen.

Lawsuit Financial knows that no matter how safe you are, auto accidents can still happen. If you or a loved one has been injured by a distracted driver, contact an experienced auto accident attorney to understand your rights. If you file a lawsuit and need emergency cash to pay the bills, you may qualify for lawsuit funding. Simply complete our online application and we will go to work for you. With only case documentation, we can determine if you qualify. There is no need to check credit or employment; if you are unable to work due to injuries, no problem. Once approved, cash can be available for immediate use within 24 – 48 hours. Solving your immediate financial needs is really that simple with Lawsuit Financial. 

Lawsuit Financial Gives Power Back to the Plaintiff

When it comes to lawsuits, more often than not the side with the deeper pockets usually wins regardless of who is right. Why? Because insurance companies will use the technique of dragging out a case knowing most plaintiffs can’t financially withstand a lengthy litigation process. With limited or no financial resources, a plaintiff will give in, settling for much less than full case value.

Which side has the most money should never be the deciding factor, but until lawsuit funding bad situation just kept getting worse until the plaintiff gave in. Nowadays, lawsuit funding helps plaintiffs cover living expenses, personal obligations, and financial responsibilities. It also levels the playing field so plaintiffs and their attorneys have a stronger negotiating position and ability to receive the highest possible settlement.

If you have filed a lawsuit and are represented by an attorney, or have filed a lawsuit and are awaiting the trial or settlement of your case or payment of your settlement or award, you are eligible for lawsuit funding. Once Lawsuit Financial receives a funding application, we can usually make a funding decision within 24 – 48 hours, contingent on obtaining the necessary case documentation. We provide lawsuit funding based on the strength and value of the case, and there are no restrictions on how the money is used. Credit score and work history do not factor into our funding decision. The cash advance is provided on a non-recourse basis meaning that the plaintiff promises to repay the advance once the case settles.  If the case is unsuccessful, the repayment is waived. Additionally, if the case resolves at significantly less than predicted case value, we provide an appropriate compromise.

It is important to note that lawsuit funding should be considered as a last resort, after all other funding options are exhausted. Due to the high cost of this type of funding, any decision to accept an advance should be mad very carefully.

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.