Monday, February 8, 2016

Lawsuit Funding: A No-Risk Financial Solution During A Pending Wrongful Death Lawsuit



A South Carolina woman is facing charges of driving under the influence resulting in death following a car-motorcycle accident. She has also been distribution of a controlled substance and driving too fast for conditions.

After someone dies in an auto crash, grieving family members are often left with many questions. What caused the accident? Could it have been avoided? What do they do now that their loved one is gone? Whiles sometimes auto accidents happen through no one's fault, often times they are due to negligence. In such cases, family members should pursue a wrongful death claim to uphold the victim's rights and begin the financial recovery process. A personal injury attorney can stand up for the rights of the family, but achieving maximum compensation can take time. Unfortunately, many victims are not in a financial position to wait out the litigation process because bills must be paid. If the plaintiff is unemployed or has poor credit, banks will usually not grant a loan. Even if approved for a bank loan, the victim would be required to make monthly payments and repayment would be required no matter the outcome of the case. Insurance companies know all this and won’t hesitate to pressure victims into accepting the lowest possible settlement. Before that happens, a better option would be lawsuit funding, a cash advance against the pending lawsuit.

A legal funding company understands the financial situation facing plaintiffs and knows the lengths that insurance companies will go through to reach a less-than-fair settlement offer. With a lawsuit cash advance, plaintiffs can level the playing field and push for justice. Funding is collateralized solely by the pending lawsuit. There are no upfront fees, no credit or employment checks and no monthly payments. Repayment of the cash advance is from the proceeds of the case, but if the plaintiff loses, the repayment is waived in its entirety.

If you or a loved one has been a victim of an auto accident caused by a negligent driver or your loved one was killed by a driver under the influence, consult a personal injury attorney who is knowledgeable and experienced in auto accidents. If you have mounting bills and expenses and feel the need to reach a quick settlement, stop! Apply for lawsuit funding with Lawsuit Financial to ease the financial burden and give your attorney time to obtain full value in your case. The application process is quick and easy, and can be done online. Once we determine if a case has merit and is approved for funding, you can have cash in hand within 24 - 48 hours. Contact us today for a free, no-obligation evaluation of your case.

About Lawsuit Financial
Lawsuit Financial Corporation 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. For more information, visit www.lawsuitfinancial.com.

Thursday, February 4, 2016

Constant Connectivity Is A Dangerous Obsession



The growing number of auto accidents caused by distracted driving continues to raise concerns. While the list of distractions is endless, the most common is cell phone use, whether for talking or texting.

Study after study has shown that when using a cell phone, an individual's eyes are off the road for a minimum of five seconds. Traveling at 55 miles per hour that equates to traveling the length of a football field without looking at the road. Despite studies showing the devastating consequences of distracted driving, most drivers are convinced that they are unaffected by this behavior, especially teens who believe they are invincible. But, the fact of the matter is that one in five teen drivers will have an accident within their first year of driving. These numbers dramatically increase if the teen uses a cell phone while behind the wheel.

We all know that constantly connected drivers are distracted drivers. We all know the dangers of distracted driving are real. We all know the injuries and fatalities that occur because of irresponsible drivers. Given the fact that taking connectivity away from drivers is nearly impossible, what is the key to reducing accidents? 

First, we must acknowledge the danger and commit to making changes in our own behavior. Second, the more drivers are educated about the hazards of driving while distracted, the better chance we all have of improving our roadways. Third, America needs stricter laws preventing cell phone use (of any kind) and other common distractions, while driving. 

Lawsuit Financial has pledged support to those who are trying to do something about this dangerous, life-threatening, activity, especially the Casey Feldman Foundation (CFF). CFF was started by a personal injury trial lawyer and his wife, following the tragic death of their daughter (caused by a distracted, texting driver). There are many other organizations and charities, like CFF, that have also been chartered as a result of tragedies to precious family members. Don’t wait for tragedy to strike you or your loved one before you take action. Now is the time we must all drive home the point that the most important task to perform behind the wheel is driving and safely to your destination. Share the message; spread the word, and help create safer roads for everyone.

About Lawsuit Financial
Lawsuit Financial Corporation 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. For more information, visit www.lawsuitfinancial.com.

Monday, February 1, 2016

Key Players In The Lawsuit Funding Process



Personal injury victims in need of fast cash to help pay day-to-day living expenses, medical bills, or funeral expenses while their case is pending, may be eligible for lawsuit funding. A lawsuit cash advance not only helps level the playing field, but provides a fighting chance for plaintiffs to achieve justice.

Despite the ease in obtaining lawsuit funding, it is important to first understand the process and who is involved.

The Plaintiff (The Client)

Most plaintiffs turn to lawsuit funding when they have run out of other options. An eligible plaintiff is one who has a personal injury claim, legal representation and a strong case with merit.

The Attorney

An attorney is a fundamental part of the process because they must provide case documentation in order for the underwriters to evaluate case strength and the likelihood of a valuable settlement for the plaintiff. Additionally, if the plaintiff is approved for funding, the attorney will need to sign the funding contract acknowledging that repayment will be made from the proceeds of the case.

The Underwriter

The underwriter is the legal funding company or investor that is willing to advance immediate cash to the plaintiff. The funded amount is determined based on case strength and expected settlement. While some funding companies use outside investors, Lawsuit Financial has full-time underwriters on staff that evaluate each case and determines if it is viable for us to advance money.

The Funding Process

Step 1: Complete a funding application online or over the phone. This will take less than five minutes.

Step 2: The funding company will contact your attorney for minimal case documentation.

Step 3: If the request for funding is approved and the client accepts the funding amount, a contract will be prepared for signatures.

Step 4: Once the contract is signed, the legal finance company will wire the funds directly into the clients’ bank account or send a check via overnight mail.

It is really that simple! Unlike a traditional bank loan, there is no need for a credit check, employment verification, collateral, upfront fees, or monthly payments. Lawsuit Financial advances money based on case merit alone. Because of this, we can usually provide funding in less than 48 hours. We are only repaid once the case successfully settles. If the case is lost, we lose our investment and the repayment.
 
If you are a plaintiff, or representing a client, in need of help to relieve the financial pressures during a pending personal injury lawsuit, contact Lawsuit Financial. We are one of the nation’s leading lawsuit funding companies, highly regarded by attorneys nationwide. What separates us from our competition is our excellent reputation for honesty, care, and personal touch. Simply providing a lawsuit cash advance to a client is not our only responsibility. Our top priority is to do what is best for the client, the attorney, and the case, regardless of whether we turn a profit.