While negligence can be due to a defective product, medical malpractice, slip and fall accident, or dangerous products, the most common cause is an auto accident. When a personal injury occurs, the first step is to seek medical attention. Once you have done so, it is important to gather as much information applicable to your accident as possible, such as the names and contact information of any witnesses and photos of the accident scene. You should also retain all medical records and expenses. Although an insurance company will determine the amount of compensation in accordance with a “formula”, it quite possibly will not be enough to compensate you adequately for your loss. This is why it is important to contact an experienced attorney who can evaluate your claim and explain your rights.
The cost of being involved in a personal injury lawsuit can be financially devastating for plaintiffs especially in cases that take months, even years to settle. It may be difficult to pay the basic living expenses, such as groceries, mortgage, and car payments, let alone expenses associated with the accident, such as medical bills. One way that plaintiffs can cover their expenses during a legal battle is through lawsuit funding.
A legal finance company will approve a lawsuit cash advance money before the case settles so plaintiffs can make ends meet without worrying about financial ruin. When out of work due to injuries, lawsuit funding is incredibly helpful. This type of funding is NOT a loan, but rather a non-recourse cash advance, meaning the plaintiff repays the advance, plus fees, if and when the case is successfully settled. If the plaintiff loses the case, the funding is completely waived; the plaintiff owes the funding company absolutely nothing and keeps the advance. What loan company would make that guarantee? Other unique benefits of lawsuit funding is that there are no credit checks and employment is not required; funding approval is based solely on the strength of the lawsuit.
If you are having difficulty managing his financial obligations while your lawsuit is in progress, consider a lawsuit cash advance. You will be better able to withstand the lengthy legal process and ultimately receive a more favorable settlement. To find out if your case qualifies for lawsuit funding, call us toll-free at 1-77-377-7848.