A recently settled auto accident lawsuit may have been, and still could be, a viable case for litigation funding.
The plaintiff sustained serious injuries when her vehicle was rear-ended and pushed into oncoming traffic, where it was hit head-on by another vehicle. The police investigation revealed that the crash was due to unsafe speed and driver distraction on the part of the driver who struck the plaintiff’s car from behind. The plaintiff suffered a knee injury and hematoma, post-concussion headaches, and had to undergo several months of physical therapy.
Even though this case has settled, the plaintiff may still be forced to wait even longer for the full payout of the award. The defendant may file an appeal or the insurance company may simple drag its feet in submitting the settlement check. Litigation funding could have not only helped this woman during her pending lawsuit, it could also help with her financial needs while waiting to receive the actual settlement.
Litigation funding is a cash advance provided on a non-recourse basis, meaning that in the event the case is ultimately lost, there is not obligation for the plaintiff to repay the cash advance. The money would be hers to keep, no strings attached. Funding decisions can be made as quickly as 24 hours from the time Litigation Funding Corporation receives an application because we provide funding base on case strength alone. Personal credit and employment status are never considered. Additionally, there are absolutely zero hidden costs or upfront expenses. The money can be used right away for whatever the plaintiff wishes – living expenses, mortgage or car payments, or even to avoid bankruptcy.
Being involved in an auto accident can be devastating and life-changing, but your financial situation doesn’t have to leave you with mounting bills or facing foreclosure. If you are in need of a financial lifeline until your case settles and the settlement received, consider litigation funding. Call us toll-free at 1-866-548-3863 or complete our online form.