Tuesday, October 6, 2015

Jury Awards Man $3 Million for Injuries Sustained in 2011 Auto Crash




A jury awarded a New Jersey man $3 million for injuries he received in an auto accident in 2011. The accident occurred when a woman ran a stop sign and broadsided his Honda Civic, sending it into a fence. The careless driver told police her view was blocked by a school bus. The man suffered three herniated discs in his lower back and damage to his neck. A doctor testified during the trial that despite epidural injections, the man will suffer back pain for the rest of his life. The injuries have made it impossible for this father of four to return to work as a long-haul truck driver. The work he has been able to endure has significantly reduced his earnings potential. "I'm happy for [the family] that they will now have a more secure future," said his attorney.

Why did the case have to be tried before it was settled? Why did it take four years? There is a strong chance that it was because the insurance company used "delay, deny, confuse and refuse" tactics in an attempt to avoid paying this victim the compensation he deserved. Such tactics is what led to the formation of Lawsuit Financial over 15 years ago.

Lawsuit Financial supports plaintiffs who have been given the run-around in a legal system where delay, deny, confuse and refuse" is a regular occurrence and the defense firms and large corporations who employ this strategy are rarely punished for it. In this case, for instance, the young man obviously had significant medical expenses and lost income. Even now, he is unable to return to the same income level he once sustained. Although justice has finally been served, he may have endure significant financial hardship over the last four years that could have been helped with a lawsuit cash advance.

The goal of lawsuit funding is to help victims through the litigation process, without having pressing bills and expenses effect the value of their case. Someone desperate for money will, almost always, settle his/her case for less than appropriate value. The only collateral when applying for lawsuit funding is the pending claim. If the lawsuit is successful (and in this case, it was) we are repaid our case invested principal and risk adjusted profit out of case proceeds. If the case fails, we lose our money. If the case resolves at significantly less than predicted case value, we provide an appropriate compromise. Strategic lawsuit funding will often prevent this from happening and will, in this scenario, pay for itself with increased case proceeds.

If you are involved in an auto accident lawsuit and considering a settlement that is much lower than the value of your case, contact Lawsuit Financial at 1-877-377-SUIT (7848) or visit us online for a free analysis of your case funding situation. The call and advice are free!

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.

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