Posted On: April 24, 2010 by Mark Bello of Lawsuit Financial Corp.

Boating Accident Lawsuit Funding: Lawsuit Financial Assistance When You Need it Most

Boating accidents have taken their toll on the American population. Boating accident or Maritime law requires that the incident be reported to the US Coast Guard if a person is killed or is injured and needs medical treatment (more than just first aid), if damage to the boat/ship or other property is over $2,000, if the vessel is totally lost or if someone disappears from the ship under suspicious circumstances.

The most common boating accidents involve collisions between two ships/vessels; most fatalities result from falls or capsizing. More often than not, accidents happen on the water due to inexperienced and inattentive operators. Added to reckless handling and speeding and these two factors represent the highest percentage of accidents with serious injuries and fatalities. Alcohol is also a huge factor in many crashes, as is inadequate training and education.

Boating accidents may be prevented if the people on board follow the mandated safety procedures and get properly educated in how to safely handle a boat. Under the law, boat operators are responsible for the safety of their passengers and they are supposed to precautions necessary to prevent accidents.

If you have been hurt in a boating accident, a personal injury lawyer, especially one that specializes in Jones Act or Maritime cases, can assist you in determining if the accident was due to the operator’s negligence or not. If you need assistance in locating a legal specialist near you, Lawsuit Financial can refer you to an attorney, anywhere in the United States, within 24-48 hours.

If the accident was a result of negligence, you have retained an attorney and filed a lawsuit, you may also wish to check into the availability of lawsuit funding to get you through the litigation wait period. Litigation funding is a service that provides a lawsuit cash advance, before your case is settled, that will permit you to wait for a just settlement rather than be forced to settle for pennies on the dollar because of financial difficulties. Legal finance companies like Lawsuit Financial, do not require credit checks; you don’t have to be working to apply for cash now.

Lawsuit funding repayment is contingent upon your recovery in the case. If you lose the case, you do not have to pay us back. The application process is easy and free; you can apply by phone or on the internet. Approvals are often completed, with a check or wire in your hands within 24-48 hours. Don't settle your valuable case too early for too little; call Lawsuit Financial instead. You will be glad you did.