There are no words to describe the loss of a loved one, especially due to the careless actions or negligence of someone else. Whether from medical malpractice, auto accidents, product liability, and workplace fatalities, when a wrongful death occurs, the victim’s family has the right to file a lawsuit. Unfortunately, wrongful death claims can take years to settle during which time the financial burden can be unbearable, especially if the victim was the sole bread-winner. When financial assistance is the only way to continue with the case, lawsuit funding may be the solution.
A man was hit broadside by a truck as he proceeded through an intersection. The impact cause his vehicle to hit another car and flip over. The man died at the scene, leaving behind a wife and two small children. His family filed a wrongful death lawsuit alleging that the truck driver was distracted and speeding. After eight months, the case settled for an undisclosed amount, but not before the man’s family succumbed to mounting debt. The family credit could have remained intact with the help of lawsuit funding.
Lawsuit funding can be a financial lifeline to paying medical expenses, funeral expenses, mortgage, and other important bills. By securing lawsuit funding, a plaintiff’s attorney has the time necessary to obtain full compensation. After reviewing a wrongful death lawsuit funding application, if approved, funds are usually available within 24 – 48 hours. Funding is based solely on the strength of the case; there are no monthly payments, no credit checks, and no employment verification. Repayment is only made if, and when the lawsuit is won and settled. In the event the plaintiff loses, the lawsuit cash advance is waived in its entirety because litigation funding is a non-recourse transaction.
It is always difficult for the family to think about the future during a time of bereavement, but it is important to take the best steps to protect your legal rights. If you are struggling financially while waiting for a settlement, call or visit us online for a free, case funding evaluation.