A personal injury is that life-changing moment when you are seriously injured as the result of someone else’s negligence or carelessness. The most obvious example of this is an automobile accident.
Waiting for a personal injury case to settle can be very difficult financially and mentally. Injuries may prevent the victim from earning a living and support a family. A financially desperate plaintiff is not in a favorable position regarding settlement negotiations; this person will often settle for too little, too soon. Litigation funding helps plaintiffs take care of financial obligations while giving their attorney the time needed to seek appropriate justice.
A Missouri man recently filed an auto accident lawsuit against a commercial trucking company alleging negligence.
According to the complaint, the plaintiff alleges that in September 2015, he was traveling in a Dodge Ram pick-up truck when he collided with a semi-truck. The pick-up was heavily damaged and had to be towed from the scene.
The plaintiff alleges that the cause of the crash was because the semi driver failed to reduce speed, failed to yield the right-of-way, and failed to keep a proper lookout. The suit also claims that the trucking company failed provide adequate training and failed to obey the Federal Motor Carrier Safety Regulations, Illinois law, safe trucking industry standards and safe commercial truck driving rules.
As a result of the crash, the plaintiff claims he suffered physical injuries and incurred expenses in excess of $60,485.02. He requests a trial by jury and seeks judgment for a sum in excess of $100,000.
During the litigation process, the plaintiff’s attorney must prove the driver of the tractor trailer was negligent at the time of the accident. This could take months, even years. Without sufficient savings, the plaintiff may have a hard time paying medical expenses, the mortgage/rent, or even put food on the table. For someone with pressing financial needs, waiting is not an option. As long as the case is strong and the plaintiff has attorney representation, litigation funding is usually a viable solution.
Litigation Funding Corporation makes the application and approval process quick and easy. Funding decisions have nothing to do with one’s credit history or employment status, and there are no out-of-pocket fees. Once we receive a lawsuit cash advance request, we will work with the plaintiff’s attorney to review case documents and determine the amount we can advance. This typically takes place in less than 48 hours. . Furthermore, litigation funding is provided on a non-recourse basis, so nothing is paid back until a settlement is reached. If, for some reason, the case is unsuccessful, the repayment is completely waived.
If you are injured in a tractor trailer accident, and struggling financially, do not resolve your case for less than full value because of pressing financial needs. Let Litigation Funding Corporation help remove the financial pressure and gives you and your attorney the time needed to fully pursue your case. Apply online or contact us for a free evaluation of your funding situation.