Lawsuit Funding Can Put Plaintiffs Back In The Driver Seat

While most auto accidents are the result of a distracted, speeding, or drunk driver sometimes the cause is due to manufacturer negligence. When an auto defect allegedly plays a role in a crash, the case is typically hard-fought by the auto manufacturer and its high-powered attorneys. When time and money are not on the plaintiff’s side, lawsuit funding can help with bills and medical expenses and keep the plaintiff in the driver’s seat.

A couple recently filed a lawsuit against General Motors alleging that the car manufacturer designed and manufactured a vehicle with mechanical defects. According to the lawsuit, the plaintiffs alleged that in September 2014 their son was driving a 2002 Pontiac Grand Am when he experienced a defect in the ignition, causing him to lose power, brakes, and steering. As a result, the driver lost control of the vehicle, crossed the center line, and struck another vehicle head-on. The driver of the Grand Am suffered severe injuries that ultimately led to his death. The plaintiffs hold GM responsible alleging that the company negligently placed the vehicle on the market without properly inspecting the vehicle and falsely warranted that the car was fit as a private passenger vehicle. The lawsuit seeks a trial by jury and unspecified damages.

While the family waits for their case to be litigated, monthly expenses such as the mortgage/rent, funeral expenses, utilities, and ordinary household expenses must still be paid. When up against a large corporation, the delay in reaching a settlement can cause a significant financial burden. For those plaintiffs, help is available in the way of a non-recourse lawsuit cash advance, known as lawsuit funding.

Lawsuit funding exists to help bridge the financial gap between the occurrence and the settlement. How it works is that a legal finance company will review an attorney-represented case on strength alone. If the funding company believes the case is strong, it will approve a cash advance based on your expected settlement or jury award. The process typically takes less than 48 hours. Once an applicant is approved, funds can be wired directly into the plaintiffs’ bank account or sent via overnight mail. There are absolutely no restrictions on its use. When the settlement is reached, the plaintiff’s attorney repays the lawsuit funding company. But, if the plaintiff is unsuccessful, repayment is completely waived.

If you find yourself in a pending litigation and need financial relief, contact Lawsuit Financial. Our company is an attorney owned and operated full service legal finance company recognized by attorneys nationwide as a preferred choice for lawsuit funding services. We understand how hard it can be to wait for a fair and equitable settlement when you are the victim of corporate negligence.