In the right situation, for the right plaintiff, litigation funding is clearly a service that plaintiffs should consider at a strategic time in the litigation process.
A 19-year-old has been charged with two counts of DUI-manslaughter, two counts of vehicular homicide, and four counts of DUI-damage after police say his car struck and killed two pedestrians in October.
The victims were standing on the shoulder of the road about 2:20 a.m. when they were hit by a Jeep Grand Cherokee driven by the teen. The crash report states that the driver lost control of the vehicle and hit a city bus stop bench, a parked car, and then the pedestrians. The crash caused the jeep to flip and both victims were thrown to the ground. They died at the scene. The teen and his passenger were transported to the hospital with non-life threatening injuries. Investigators calculated the vehicle was traveling at 78 mph in a 45 mph zone.
The negligent driver consented to a blood test while in the hospital which revealed that he had 0.085 grams, above the legal limit. He also tested positive for marijuana. He is being held on $280,000 bail.
Aside from criminal charges, the families of the deceased victims will likely talk to a wrongful death attorney to discuss potential civil litigation. A lawsuit can provide them with essential compensation for funeral expense, lost income, and also help to pay for their emotional pain and suffering.
Justice usually takes time, sometimes as much as several years before a settlement is reached. Litigation funding is an excellent way to pay funeral expenses, medical expenses, regular monthly bills and other necessary expenses. It also helps to prevent damage to a plaintiff’s credit score.
When applying for a lawsuit cash advance, an applicant only needs to provide case details to the funding company. There are no credit checks; credit history does not matter and there is no need to prove employment. Once approved, funding can be available within 24-48 hours. There are no monthly payments to make and the money can be used at the plaintiff’s discretion. Best of all, litigation funding is repaid only upon a successful settlement. If the plaintiff does not receive a favorable cash settlement, he/she is under no obligation to pay back the cash advanced.
Litigation Funding Corporation is a direct lender for pre-settlement litigation funding. If you have been seriously injured due to the negligence of someone else, are seeking restitution, and need financial assistance, call our office or complete our free, online funding application. We may be able to help you financially while your lawsuit works its way through the legal system.