Tuesday, April 26, 2016

In The Right Situation, For The Right Plaintiff, Litigation Funding Is Clearly The Right Choice


A man and a teenage girl were killed in a hit-and-run crash that left five others injured, three critically. According to the Los Angeles police, the 55-year-old man was turning into a shopping mall when the Mitsubishi he was driving was struck by a Mercedes-Benz causing the Mitsubishi to hit a pole. It was unclear if the Mercedes-Benz driver ran a red light, but speed has been identified as a contributing factor. The driver of the Mercedes fled the scene on foot, but was arrested three days later. The crash is still under investigation.
Losing a loved one is an extremely difficult time for any family member affected by the tragedy. Quite probably, the injured victims and families of the deceased will in time file a lawsuit against the negligent driver.  While an experienced auto accident attorney can assist in investigating the accident and collecting full recovery, these types of lawsuits could take years to reach a settlement. One major problem is that the victims often times do not have the financial resources to pay medical expenses, funeral and burial expenses, even the daily household bills. It becomes more difficult for those struggling without the financial support of a sole bread winner.
When money is tight, one solution is to secure litigation funding.  This type of cash advance is provided in exchange for a portion of the future proceeds of the case. At Lawsuit Financial, we provide funding on a non-recourse basis meaning there is no risk to our clients. Repayment is only made when the case successfully settles; if the case is lost, the repayment is waived. There are no restrictions on the money’s use and no credit checks or employment verification is required by the applicant. We only look at the strength of the case so applications can be approved in as little as 24 hours. Once approved, funds can be received by direct deposit or overnight mail.
If you have been seriously injured or lost a loved one due to someone’s negligence, you may have the right to file a claim against the responsible party. Lawsuit Financial strongly encourages anyone who may find themselves in this situation to contact an experienced attorney to get started. If you need help locating one in your area, we would be happy to help. Once your lawsuit has been filed, we can evaluate your case for legal financing. In the right situation, for the right plaintiff, litigation funding is clearly the right choice for plaintiffs.
About Lawsuit Financial
Lawsuit Financial Corporation is a pro-justice lawsuit funding company that seeks to educate plaintiffs and attorneys about lawsuit funding. Our company is an attorney owned and operated full service legal finance company recognized by attorneys nationwide as a preferred choice for legal funding services. Mark Bello, CEO and General Counsel, is recognized as an expert in this field, both as an underwriter of these transactions and as an advocate for appropriate treatment of plaintiffs/clients in this industry and in litigation.

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