Litigation Funding Helps Bridge the Financial Gap Between Filing Suit and Settlement

April 13, 2017 | Product Liability

Have you or a loved one been seriously injured in auto accident due to no fault of your own? Are you suing for damages and have attorney representation? If so, auto accident lawsuit funding may be able to help with your finances while your case is pending.

Here is a case example:
A couple was injured in an auto accident in 2014 when a distracted driver rear-ended their vehicle while they were waiting at a traffic light. Due to injuries sustained, the man was unable to return to work for nearly two years. His wife was a stay-at-home mom who was forced to take a part-time job to help pay the bills, but that was still not enough. Three years after the crash, the couple was able to realize a fair settlement, but not before their savings were depleted. In another month, they would have lost their home.

Careless or reckless drivers cause accidents every day, often due to a distracted driver. In a case like this, securing litigation funding could help a plaintiff alleviate some of the financial strain.

Lawsuit funding differs from traditional loans in that there are no payments made until a judgment is rendered or settlement reached. If the plaintiff fails to recover damages, the lawsuit cash advance is not repaid. Additionally, lawsuit funding is structured in such a way that factors such as employment history and credit standing don’t matter. Our only concern is the validity of claim and the likelihood of its success.

The application process takes less than five minutes; we do the rest. After obtaining case documentation from the plaintiff’s attorney, if the case is approved for funding we will direct deposit or wire-transfer the funds within 24 – 48 hours. It is really that simple!

If you are involved in an auto accident lawsuit and need financial ammunition to fight for your rights, consider acquiring lawsuit funding. For more information, call Litigation Funding Corporation today!

Read the full article http://www.lawfirmchronicle.com/2017/04/litigation-funding-helps-bridge-the-financial-gap-between-filing-suit-and-settlement/

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