A 37-year old restaurant executive was killed when the small plane he was flying crashed near a Chicago airport. His family was recently awarded $15 million. The executive was one of four people on the small Cessna when it hit the ground. The occupants were returning to Chicago from a meeting.
The defendant was a licensed pilot and financial advisor with Morgan Stanley. The wrongful death lawsuit alleged pilot error; it indicated that the pilot caused the crash as a result of flying the plane too slowly, causing it to stall and then nosedive. Morgan Stanley employer was also sued for letting employees use private aircraft on company business using non-professional pilots.
The family of this young executive had a long, hard struggle for justice in the case. They were suing some big guns. All they had on their side was an experienced, contingent fee personal injury, aviation attorney. On the other side, was Morgan Stanley with considerable power and a boatload of money. The family had just tragically lost it chief means of support. How would they sustain themselves, financially, through the long court battle?
Families like this one often turn to an experienced lawsuit funding company for the financial assistance they need to get through the long, legal process and to achieve true justice in their cases. Pre-settlement funding is ideal for a case like this one, where the loss of the family bread-winner could crush the family, financially, before they ever get to the litigation finish line. A lawsuit cash advance will pay a family’s current or late bills and expenses, remove any financial pressure to settle too early for too little, continue to provide interim financial assistance, if needed, and permit the family to wait out the legal process for a fair and equitable settlement or a trial in the case. A personal injury plaintiff no longer has to cave in to the insurance company because of financial difficulties caused by the accident.
Litigation funding is money given in advance of an expected settlement or jury verdict; legal finance services are easy to apply for, requires no credit check or employment history, requires no upfront fees or costs, and not monthly payment need be made. ‘Lawsuit loan’ companies, as some call us, look only to the value and quality of the lawsuit for collateral. Your personal financial condition does not matter. Once an applicant is approved, your lawsuit cash advance is sent, by check or wire, within 24-48 hours. This is, truly, no-risk lawsuit funding.