Auto accident personal injury claims can take a long time to settle. Although insurance companies have an ethical and legal duty to act in good faith and pay legitimate claims promptly, many will deny, delay, and defend claims as long as possible. Auto accident lawsuit funding can help auto accident victims stay afloat, make ends meet, and avoid financial disaster during the litigation process.
A man suffered serious injuries and underwent numerous surgeries after a 2011 auto accident caused by an uninsured driver. Despite having uninsured motorist coverage under his own auto policy, and despite paying his premiums, the man’s insurance carrier denied his claim and refused to make medical payments. The innocent victim filed a lawsuit, which wasn’t settled for five years. During that time, his family faced financial hardship.
Suffering a personal injury in an auto accident is bad enough, but when your own insurance company refuses, in bad faith, to negotiate or settle the claim, the victim is forced to fight for his/her rights.
Unlike insurance companies, legal funding companies don’t penalize its customers for using its services exactly the way it is intended. When corporate greed leads to lawsuit abuse; when innocent victims need to fight for their rights, lawsuit funding is there to help.
A legal finance company helps people “bridge” the gap between when an accident occurs and when the plaintiff receives a payout in connection with his or her case.
This case is a perfect example where lawsuit funding would be beneficial. Lawsuit funding helps victims pay their living expenses, rent, medical treatment, auto loan payments, insurance, utility bills, mortgage, childcare obligation, and more. A quick call or one-page application is all it takes to get started. Once we receive an application, we will contact your attorney to obtain some additional information about your claim. Funding decisions are typically made within 24 – 48 hours. Qualifying for a lawsuit cash advance is based solely on the merits of the case. There are no credit checks, no out-of-pocket costs, no fees to apply, no employment requirements, and no-risk! You are only obligated to pay back the cash advance if, and when, the case is settled. If you should lose the case, you are not required to repay the cash advance.