Lawsuit Finance Blog

It has been almost one month since Ohio Governor Ted Strickland signed new legal finance legislation in Ohio that permitted Ohio citizens to engage in non-recourse civil litigation advance transactions with lawsuit funding companies like Lawsuit Financial. Since then, we have received many requests for Ohio legal funding from Ohio Citizens and we have provided numerous legal cash advances to Ohio litigants. If you are from Ohio or from elsewhere in the United States, and have pending personal injury lawsuit with a retained attorney, Lawsuit Financial is ready to provide legal financial assistance to you and your family. If you do not yet have an attorney, Lawsuit Financial can assist you in locating an attorney who specializes in the type of case you wish to pursue.

Remember, under the new Ohio law:

1. Law suit funding contracts may be canceled by the consumer within five business days without penalty;

2. Legal finance contracts must provide the total dollar advance and a breakdown of fees, including the annualized rate of return, must be clearly disclosed in the contracts;

3. To be valid, the legal financing contract requires written acknowledgment by the attorney representing the consumer in the civil action or claim, specifying that the attorney has reviewed the contract and all case funding costs and fees have been disclosed;

4. For French and Spanish-speaking consumers, litigation funding contracts will be written in their primary language;

5. The lawsuit funding company must agree that it has no right to make any decisions involving the claim and its settlement (this has always been true of legal funding agreements).

Since personal injury cases almost always involve income loss, financial stress can often force the plaintiff to settle too early and too cheap. Lawsuit financing is provided to prevent that from happening. Lawsuit funding is provided completely contingent on the outcome of the case; the money is free if the case resolves without payment to the plaintiff. Lawsuit Financial also provides litigation funding for Auto Accident victims and all other personal injury victims with pending lawsuits. Call us, toll free, at 1-877-377-SUIT (7848), and talk to an experienced legal finance representative for free. Or, visit us on the web at www.lawsuitfinancial.com. We want to be your law suit funding company and we will do everything in our power to earn your business.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Lawsuit Funding Thought of the Day

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An interesting NY Times article indicates that medical errors in medication dispensing and dosage continue to put our youngest and most defenseless citizens at risk. The article tells the story of 6-year-old Chance Pendleton, who came out of surgery in hysterics. The attending nursed is described as "peeved" by the boy's behavior. Twenty minutes later, the boy's mother waves down another nurse who happens to be walking by. The nurse checks on the boy and notices that his IV was inserted incorrectly and he was not receiving any medication; she repairs the line and the child is better within seconds.

While this incident, apparently, caused no long term harm to young Chance Pendleton, most medical mistakes have much more serious consequences for children. Dr. Peter B. Angood, chief patient safety officer of the Joint Commission, the independent hospital accreditation agency is quoted as stating that “there’s been slow progress in the decline of these errors;” he calls on hospitals to reduce their number. His concerns do not even include the number of diagnostic and procedural errors or those that directly cause infection and/or injury. Since a child's vital organs and immune system are still in development, they are at greater risk than adults. The article notes that these errors can be caused not only by hospital or physician negligence, but in out-patient settings, as well, and by dosage errors committed by your local pharmacist. Dr. Angood opines that "there needs to be more medications specifically manufactured for the pediatric population, more standardized dosing regimens and very accurate and clear labeling and packaging of medications.” The reader may recall that a labeling mix-up caused an overdose of medication that nearly killed the newborn twins of actor Dennis Quaid and his wife.

The article encourages parents to be aggressive and speak up when they think something is not right. I agree. After all, no one knows the child better than his or her parents. The article offers tips to lower the chances of harm. I encourage you to review them, study them, copy them, remember them. You never know when or if you will find yourself in the same or similar position as that of young Chance's mom.

Lawsuit Financial is a leading provider of legal funding services for Medical Malpractice lawsuit finance and for all other general injury lawsuit funding. Call us, toll free, 1-877-377-SUIT (7848) today for a free analysis of your litigation funding issue or visit us on the web at www.lawsuitfinancial.com. Or, if you don't have an attorney, yet, call us for a professional referral to an attorney who specializes in the area of law you need. The call is absolutely free; the advice is priceless.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Lawsuit Funding Tip of the Day

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In the aftermath of the Metrolink Train Crash tragedy, injury victims and survivors of those who were killed are searching for answers and for justice. They may also be searching for an immediate answer to financial problems that arise when one suffers a serious injury or the loss of a family supporter in a train crash accident. Victims who have lost a loved one, or were injured in the crash and cannot work, have pressing bills to pay. Lawsuit Financial is here to help you through your financial difficulties.

Lawsuit Financial is a national litigation funding company specializing in providing litigation cash advances to plaintiffs involved in pending litigation. If you have retained an attorney, Lawsuit Financial can provide financial assistance with a legal cash advance collateralized only by your pending litigation. It is not a lawsuit loan. This means that your credit standing is not an issue; there are no credit checks. If you have not yet retained an attorney, Lawsuit Financial's legal referral program can assist you in finding a specialist in train accident litigation. Call us today, toll free, at 1-877-377-SUIT (7848) for a free analysis of your injury case financing situation. We can provide lawsuit financing for any type of personal injury case, from Auto Accident Legal Funding, to Medical Malpractice Legal Funding and beyond. Visit us on the web at www.lawsuitfinancial.com. The call is free; the advice is priceless.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Lawsuit Funding Tip of the Day

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I came across an interesting item while combing the internet for legal news. I have not written much on the issue of dog bites, but a person can certainly suffer serious injuries when attacked by a dog. Such was the case on a private flight in 2006, from New York to Los Angeles, involving "Floyd", a guard dog belonging to Jennifer Lopez and a female flight attendant. Flight attendant Lisa Wilson claims that the dog pounced on her, attacked her and bit her pant leg. She twisted, fell and injured her back so badly that she required surgery.

Dog bite attacks can, and often do, result in serious injuries or wounds. As to issues of liability, different states have different laws and dog attack victims should contact an experienced personal injury attorney in her/her own state (or the state where the incident occurred). If you need a referral to an attorney in your state, please call Lawsuit Financial, toll free, at 877-377-SUIT for a referral to a dog attack legal specialist. 18 states have a "one-bite rule" that protects a dog owner from liability for the first injury caused by the dog, unless an owner's negligence or leash law violation caused the attack and injury. Under the rule, the owner is liable for all subsequent attacks. 32 other states and the District of Columbia have strict liability standards; even if the dog was, previously, never vicious in any way. Michigan, Lawsuit Financial's headquarters, is one example of a strict liability state; only provocation is a defense to liability. The Michigan statute holds the owner of a dog strictly liable for dog bites to a human being that were not provoked, provided that if the incident happened upon the dog owner's property the victim was not a trespasser or there to do something unlawful or criminal.

The Michigan dog bite statute, an example of the law followed in 32 states and the District of Columbia, is found at Mich. Comp. Laws Ann., sec. 287.351. It states:

287.351 Person bitten by dog; liability of owner.
Sec. 1. (1) If a dog bites a person, without provocation while the person is on public property, or lawfully on private property, including the property of the owner of the dog, the owner of the dog shall be liable for any damages suffered by the person bitten, regardless of the former viciousness of the dog or the owner's knowledge of such viciousness.
(2) A person is lawfully on the private property of the owner of the dog within the meaning of this act if the person is on the owner's property in the performance of any duty imposed upon him or her by the laws of this state or by the laws or postal regulations of the United States, or if the person is on the owner's property as an invitee or licensee of the person lawfully in possession of the property unless said person has gained lawful entry upon the premises for the purpose of an unlawful or criminal act.

Dog attacks can result in serious and disabling injuries. It is alleged in the subject lawsuit against Jennifer Lopez that Wilson suffered injuries that required surgery and have prevented her from working for over two years. Lawsuit funding is a service that was created to assist people who, through no fault of their own, suffer disabling injuries and need financial assistance to pursue the lawsuit to a just conclusion. Lengthy periods of disability will often cause financial distress and may prompt a victim to resolve their case too early for too little. Legal funding from Lawsuit Financial will provide interim financial relief and prevent the desperate plaintiff from settling early and cheap. Well-placed litigation funding can enhance the value of your case. Call Lawsuit Financial, toll free, at 877-377-SUIT (7848) for a free analysis of your lawsuit financing situation. We provide Dog Bite legal funding as well as Auto Accident lawsuit funding, Premises Liability/Slip & Fall lawsuit funding, Medical Malpractice lawsuit funding, Product Liability litigation funding, Employment Discrimination or Termination legal finance, Maritime lawsuit financing, Work Place Injury lawsuit financing, Fire and Explosion legal finance, and all other general personal injury case law suit funding. Visit Lawsuit Financial on the web at www.lawsuitfinancial.com. We will do everything in our power to assist you with your case funding situation.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Lawsuit Funding Tip of the Day

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