Articles Tagged with Litigation Funding

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April is National Financial Literacy Month as an effort to highlight the importance of financial literacy and teach Americans how to establish and maintain healthy financial habits.

Most Americans are living paycheck to paycheck. That means they will not be prepared financially when an emergency, such as a serious auto accident, occurs. Once a lawsuit is filed, a personal injury victim may wish to seek lawsuit funding to replace immediate income and bridge the gap until a settlement is reached.

With over 19 years’ experience, Lawsuit Financial is one of the oldest litigation funding companies in the industry. We have developed an excellent reputation among plaintiffs and attorneys for our honesty, care, and personal touch.  When a client contacts us, we don’t just take their application.  We take time with each client to understand their financial situation.

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In the 2018 NCAA Tournament on Saturday, it seemed the Houston Cougars had victory over Michigan in the bag. How could 4 seconds change everything?

Houston’s Devin Davis was at the line with four seconds on the clock; his team was up by two points. A make would’ve meant Michigan could do no better than force overtime; two makes would’ve iced the game and pushed Houston into the Sweet 16. Davis missed both shots. Then it happened. Michigan grabbed the rebound on the second miss. In a desperate situation, freshman Jordan Poole sunk a 3-pointer from about 28 feet as the final buzzer sounded, giving Michigan a dramatic 64-63 win.

Life can also change in seconds. It is likely that few people stop to consider that simply getting in the family car can be a life-altering decision. Sadly, for too many, serious auto accidents can change their lives forever. Victims may be unable to work and earn a living. A family might have lost the sole breadwinner. While some people just need time to recover, others need surgery or may be permanently disabled.

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A six-year-old girl was killed after a school bus she was riding in overturned in Georgia. Five others, including the driver, were treated for minor injuries.

According to reports, the bus was traveling downhill. As the driver attempted to make a 90 degree left turn, the bus flipped on its side and slid several feet into the grass.  The little girl sustained serious injuries in the crash; she died that night in the hospital. The bus driver has been charged with a homicide by vehicle in the first degree and reckless driving, a misdemeanor. It is speculated that she was driving too fast; the posted speed limit on that stretch of roadway is 25 miles per hour.

The state Motor Carrier Compliance Division is assisting police with the ongoing investigation to determine what caused the crash, including whether speed was a factor or whether there was a mechanical failure or other explanation. In the meantime, the parents of the deceased young girl have sought attorney representation. It is unclear at this time if they will be pursuing legal action.

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A Philadelphia couple have filed a lawsuit alleging the man suffered serious head injuries after a ceiling tile and container fell on him while working at his desk.

According to the claim, the man was sitting at his cubicle when, suddenly and without warning, the ceiling tile with container crashed down onto his head. The lawsuit alleges that his employer and two other companies “failed to properly repair the area in, on, of and/or above the ceiling tile, created a dangerous condition in the same area, and failed to remove the container in the same area.”  As a result, the man suffered a concussion, post-concussion syndrome, headaches, and neck pain, among a number of other serious injuries. His wife is suing for loss of consortium.

Ceiling collapse lawsuits can take many months, even years to come to reach a final settlement. However, if injuries leave the victim unable to return to work and the bills are piling up, the wait can be financially devastating. Litigation funding is a perfect solution.

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A California family was recently awarded more than $36 million in a personal injury lawsuit.

In October 2012, a then six-year-old girl was struck by a car in the middle of the street while she was attempting to catch the school bus. She was in the care of an adult neighbor at the time. The child flew 70 feet into the air, before landing on the pavement. As a result of the accident, the little girl suffered serious injuries including fractures to her neck, pelvis, arm, and leg. She went into cardiac arrest several times and was in a coma for three months. Due to a permanent traumatic brain injury, the child requires around-the-clock care by a licensed vocational nurse (LVN), for the rest of her life. The settlement will go into a trust for her medical care.

The lawsuit alleged that the company providing transportation services failed to report and prevent mid-street crossings, which is a violation of their own policies and procedures. Under the system, students who violate the rules get a verbal warning and then a written warning. Discipline can eventually include losing school bus privileges.

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Facing a lawsuit can be financially stressful. Litigation funding can help a plaintiff through the tough times.

A person pursuing a lawsuit, who is desperate for immediate cash, is not a positive influence during the litigation process. Insurance companies and big corporate defendants know this and will deliberately delay the process. They will use deny, delay, and defend tactics not only to hold onto their cash longer, but in an attempt to get the plaintiff to settle too soon for too little.

For those plaintiffs that hold out, it can still take months, even years to reach a fair settlement. During this time, lost wages and mounting expenses can become a huge financial burden. A lawsuit cash advance, often termed “lawsuit loan,” helps seriously injured victims who might otherwise have trouble paying medical bills, mortgage or rent payments, car payments, or daily living expenses while waiting for their personal injury lawsuit to resolve/settle.

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A multi-vehicle auto accident in the San Francisco Bay Area has left four dead and six others injured.

Over the Thanksgiving Day weekend, an alleged drunk driver collided with a Nissan. The impact cause the Nissan driver to lose control, cross the center median, and hit three other vehicles traveling in the opposite direction. The Nissan flipped over; the driver was injured, but four passengers inside were pronounced dead at the scene. According to the California Highway Patrol, the crash was so horrific that the identity and ages of the victims could not be determined, but said one was a minor. Six others involved in the crash were hospitalized for injuries sustained.

The negligent driver fled the scene, but was apprehended a short time later. He has been charged with vehicle manslaughter while intoxicated; driving under the influence resulting in bodily injury; driving under the influence with a blood alcohol level over 0.08 percent; felony hit and run resulting in death or injury; and driving on a suspended license.

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A North Carolina volunteer firefighter was struck and killed by a pick-up truck while cleaning storm debris.

Around midnight on October 8, firefighters were dispatched to the site of a tree blocking the roadway. While two firefighters were clearing the debris, a pick-up truck slammed into one of the men. The truck then struck the victim’s vehicle, which crashed into the fire truck. The firefighter died instantly. The fire department said that he was wearing a safety vest, turnout gear and the emergency lights on his vehicle were illuminated, and the emergency lights were illuminated on another patrol car and truck at the time of the crash.

The driver of the truck has been charged with felony by death of a motor vehicle, driving while impaired, no operator’s license, reckless driving, possession of marijuana and possession of drug paraphernalia, according to reports. He told police that he had smoked a joint earlier in the day, but that he was not impaired at the time of the crash.

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A horrific crash left a father and son dead and a woman seriously injured in Moon Township, Pennsylvania.

According to police, a Saturn driven by the father turned left into the path of an SUV driven by the woman. Both vehicles had a green light. When police arrived the Saturn was on fire and the SUV was resting on its roof. All three people involved in the crash had to be extricated. The son was pronounced dead at the scene. The father died a short time later at the hospital.

Witnesses said that the intersection is dangerous and has been the site of multiple accident. Recently, a left turn lane was added in both directions, but people in the area say it is still not enough.

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A Kentucky couple and their two grandchildren, a six-month-old and a three-year-old, were struck head-on by a camper that broke loose from a truck. The driver was pronounced dead at the scene; the six-month old died a few days from acute intracranial trauma.

All that is current known about this bizarre crash is that the driver of the truck had recently bought the camper and he and his father were going on a camping trip at the time of the crash. The truck driver told police that just before the crash that he heard a pop and then saw the camper through his side-view mirror as it headed toward the victim’s vehicle. “The camper struck the front of the vehicle and it just kind of imploded upon impact,” he said.

The family of the deceased child said that when the time is right, they plan to work to ensure regulations are enforced to prevent what happened to their family from hurting others. There is no word whether they will be filing a lawsuit.