This college student was only 21-years old; he was on his way to a camping trip when two trucks collided and one careened into the car he was riding in. As a result of this tragic automobile accident, this young man sustained traumatic brain injuries. His $49,000,000 jury award was considered to be the largest single-plaintiff award in California in the last ten years; the size of the verdict surprised almost no one, as the young man now requires around the clock medical care.
The jury awarded $3.4 million in past medical expenses, $27.6 million in future medical expenses, $4.5 million for future lost wages and $13.5 million in general damages. The defendants in this case were deemed to be jointly and severally liable for special damages and severally liable for general damages. Trucker number one was deemed as being 60% at fault. Trucker number two was 35% at fault and the state of California was cited as being 5% at fault.
This case has taken its toll on the young boy and his family; they are now trying to cope with his high demand medical needs. Lawsuit funding may have assisted this young man and his family; litigation funding is cash that is provided in advance of an expected settlement. The case is evaluated by the legal finance company and a small portion is advanced to you, in cash, against your future settlement or recovery, to assist you through the long, legal process.
When the plaintiff applies for lawsuit funding, either by phone or online, the application and case is reviewed; once approved, your fast cash, “lawsuit loan” is sent quickly, usually within 24-48 hours, by check or by wire. Once a plaintiff has the money in the bank, he/she can start paying off the medical expenses and other important bills and expenses, like the mortgage, car payments, rent and tuition.
Pre-settlement funding allows the plaintiff to deal with everything immediately and then wait, because they have money in the bank, for a solid offer – none of this cheap settlement stuff on the part of insurance companies. There is no cost to apply for a lawsuit cash advance, no upfront fees and no monthly payments to make. The money is theirs to keep; if they lose the case, they don’t have to repay to money. Repayment is contingent upon the outcome of the case; plaintiffs must only repay if and when they win their case.