lawsuit cash advance

September 3, 2014 by PMCESQ

A woman died in a motorcycle accident recently on Interstate 84. The victim was riding as a pillion passenger on a motorcycle on the eastbound lane in West Hartford, Connecticut.

The motorcycle came to an abrupt stop and crashed into a car in front. The motorcycle fell onto its side, throwing the driver and its passenger onto the road. The woman was then struck by another vehicle. The driver of the motorcycle and his passenger were taken to St. Francis Hospital where the passenger died, police reported.

Motorcycle accidents are some of the most horrific on our highways as motorcycle riders have little protection when they come into contact with either the ground or another motorized vehicle. In cars and trucks, including those equipped with airbags, accident victims have some protection which may prevent serious injury or death.

The cause of this accident has yet to be determined. Most likely, the passenger was not at fault. Her family members may pursue a wrongful death lawsuit to compensate for economic loss and loss of consortium and/or companionship.

Wrongful death lawsuits take time, sometimes even years. Meanwhile, plaintiffs may find themselves in need of financial support while they wait for the lawsuit to finally reach settlement. Monthly and other expenses cannot wait. Many litigants, especially those who lost a major household earner due to an accident, need an influx of cash to bridge the gap between the filing of the lawsuit and its ultimate conclusion.

Lawsuit Settlement Funding Helps Clients in Financial Distress

Settlement funding, sometimes referred to as ‘lawsuit loans’, ‘settlement loans’, or ‘lawsuit funding’, helps plaintiffs in their time of need by providing immediate cash to help litigants survive financially. In return, plaintiffs pledge a portion of the proceeds of the lawsuit, if any.

Anyone who has a pending or settled lawsuit, and is represented by an attorney can apply for settlement funding. Wrongful death lawsuits which are eligible for settlement funding must have an attorney retained on a contingency fee arrangement. That is, the attorney only earns a fee if the case is successful.

Likewise, lawsuit settlement funding proceeds are not repaid unless there is a successful recovery. As such, lawsuit loan contracts are deemed ‘non-recourse’ funding and are a risk free proposition for litigants.

There are no credit checks, no upfront costs and absolutely no restrictions on the use of the lawsuit cash advance.

Because of these reasons, and the risk free nature of settlement funding transactions, more and more plaintiffs are turning to settlement loans to solve their financial instability.

Source: https://foxct.com/2014/08/15/woman-dies-after-motorcycle-accident-on-i-84/

May 29, 2014 by Paul Coppola

Pedestrian Lawsuit Funding Helps Injured Plaintiffs

Pedestrian lawsuit funding is a financial solution for the injured. Everyone has a different way of transportation, whether it is by car, bus, train, or on foot. However, at some point in everyone’s life, they are pedestrians. According to the National Highway Traffic Safety Administration, in 2021, 7,388 pedestrians were killed – a 13% increase from 2020 – and more than 60,000 pedestrians were injured nationwide.

In this post, we examine pedestrian lawsuit funding – what it is, how it’s used and why pedestrian lawsuit funding is an important part of the legal landscape.

What is Pedestrian Lawsuit Funding?

Pedestrian lawsuit funding describes specialty financial transactions where lawsuit “lenders” make cash advances on pending lawsuits to injured plaintiffs. Also known as pedestrian lawsuit loans, lawsuit funding contracts are a partial transfer of property rights in a future settlement or legal recovery. Because of this, repayment is contingent upon the lawsuit’s success. In other words, if the case is lost, the advance is not repaid.

Pedestrian lawsuit funding is designed to allow plaintiffs to meet their expenses while their attorneys pursue the maximum compensation available. Injured pedestrian lawsuits are particularly good candidates for lawsuit funding since injuries are often serious which causes plaintiffs to miss work and accompanying wages.

Injury Types

Pedestrian accident injury types range from fatalities to just scrapes and bruises, yet there are many levels of damages within that spectrum.

Specific injuries can include:

body movement disabilities
paralysis
pelvic injuries
severe head trauma such as, subdural and subarachnoid hemorrhages (bleeding on the surface of the brain or of the area between the brain and thin tissue that covers the brain)
spinal injuries
fractures
internal injuries involving the liver, spleen, renal, and gastrointestinal track
severe back and/or abdominal pain
excessive bleeding
amputation and more . . .

How the accident occurs also contributes to the severity of the injury.

“In adult collisions, the front bumper strikes the lower leg region…while the upper body and head are brought into contact with the hood and/or windshield. Therefore, there are three distinct impacts. The first is between the lower leg and the bumper. This is immediately followed by contact between the thigh area and the upper edge of the hood. These impacts cause rotation of the upper body, resulting in another impact between the head/shoulders and the hood/windshield region.”
Cal J Emerg Med. 2007 Feb; 8(1): 15–21

Multiple injuries mean complex treatment and can be a reason why lawsuits can take so long to resolve. While the plaintiff will likely receive compensation for his/her injuries, it will likely be only after treatment is completed. Meanwhile, expenses still must be paid.

Pedestrian Lawsuit Funding Based in Negligence Law

The good news is that if a pedestrian is hurt by another individual or involved in a motor vehicle accident, the person who caused the injury is accountable through a negligence lawsuit.

Negligence occurs when a duty of care for another’s safety is breached and that breach causes damages to the victim. Negligence lawsuits are a logical effect of a pedestrian personal injury involving automobile accidents. The victim as well as his/her family can ask the justice system to award monetary compensation and other remedies. If death is involved, the negligent party can be sued for negligence under State wrongful death laws.

Negligence lawsuits take time however, and many pedestrians must wait many months or even years before they are compensated. Pedestrian lawsuit funding allows plaintiffs to endure the litigation process through advancing immediate cash to pay for:

Medical treatment and surgery loans
Living expenses
Housing
Transportation
Past debts
School tuition
and more . . .

If You Have Any Questions, Call 888-964-2224

WE ARE HERE TO HELP YOU!

Pedestrian Lawsuit Funding Helps

Pursuing a lawsuit against a negligent person can be a long and painful process. However, plaintiffs may be able to secure pre-settlement funding to help with immediate financial concerns. The money can be used at the plaintiff’s discretion and need not be repaid if the case is unsuccessful.

If you or a loved one is involved in a personal injury lawsuit for a pedestrian or other accident and need help paying the bills, you may qualify for settlement funding. Personal injury cases often continue for extended periods of time. And they sometimes lead to emotional and financial stress. Extra money can improve this condition. A lawsuit cash advance can help!

If you have any questions regarding lawsuit funding, call us now. We are here to help and are at your service.

Thank you for your interest in Fair Rate Funding.

Apply Now

September 4, 2013 by Sales

Lawsuit Funding NJ of Soft Tissue Cases

At Fair Rate Funding, we process over one thousand inquiries each month. Our clients request funding amounts ranging from $1,000 to $400,000. Also, we routinely receive applications for lawsuit funding amounts of less than $1,000. Although some plaintiffs with “heavy” cases may only need a few bucks, the majority of our clients who are approved for less than $1,000 are involved in personal injury lawsuits with “soft tissue” injuries. Thus, if you live in NJ, these applications are for New Jersey soft tissue funding.

Defining Soft Tissue in New Jersey

How to define a soft tissue case has changed considerable throughout the years. The term was originally used to describe “whiplash” type of injuries sustained in personal injury lawsuits such as automobile accidents. Soft tissue was used to describe an injury which only involved muscles, flesh and body tissue such as a bruise, sprain or muscle spasm. When comparing this type of injury with tears to ligaments, bone fractures, or other more severe conditions, soft tissue injuries were so categorized so as to minimize their severity.

The use of imaging equipment such as x-rays, MRI’s and CT Scanners, increased the accuracy in which injuries are diagnosed. Conditions such as ligament tears, herniated discs between the vertebrae, fractures and other conditions are all objectively seen by doctors, lawyers and insurance companies through the use of these incredible machines.

In response, insurance companies took the liberty to label injuries without objective evidence (e.g. a positive x-ray for fracture) of injury as “soft tissue” injuries. Generally, and as it pertains to orthopedic injuries, a “soft tissue” injury became defined as injuries where no abnormalities are found on any objective imaging study.

Redefining “Soft Tissue”?

As stated above, a soft tissue injury historically meant an injury involving the muscles and excluding more severe injuries such as those that can be seen on an imaging study like an MRI. Over the years, insurance companies and their attorneys tried to expand this definition. Currently, defense attorneys and their clients routinely attempt to include such positive findings disc bulging and/or herniations into the ‘soft tissue’ definition. The argument being that even though it comes up on the study, the injury is not severe.

For example, in no-fault auto insurance states such as New Jersey and New York, a positive finding of disc bulging in an MRI met the “objective evidence of injury” test in the past. Presently, defense attorneys attempt to remove injuries with these types of findings from the pool of compensable injuries. In many instances, this endeavor has been successful with many local judges dismissing cases despite positive diagnostic findings.

This is particularly troublesome for personal injury lawsuits with limited injuries and treatment since dismissing a case removes the prospect of trying the case before a jury. Instead, plaintiffs and their attorneys must weigh the cost of fighting the dismissal on appeal with any expected settlement. In some instances, appealing a dismissal is simply not worth the additional time and effort.

What to Expect When Applying for New Jersey Soft Tissue Funding

Because there is more limitation on these painful injuries, lawsuit funding operations must adjust their approach to help mitigate the additional risk.

One such adjustment is to eliminate the funding of soft tissue cases altogether. Many lawsuit settlement funding businesses simply do not consider personal injury lawsuits involving slip and falls, or other premises liability injuries, without a surgery. Some lawsuit funding companies only consider automobile cases which have a positive finding of abnormality on a MRI or CT Scan and some additional treatment such as extensive physical therapy, if there is no surgical intervention involved.

Another adjustment might be limiting the settlement loan amount. When approved, NJ soft tissue funding generally involve $1,000 or less.

The mission of lawsuit funding as an industry is to provide financial relief to those unfortunate plaintiffs who face financial pressure while their lawsuit is pursued in the court system. Applicants often request small amounts of funding against their lawsuit, regardless of the severity of their injury. Small lawsuit funding amounts satisfy this mission as well provided the risk in providing them is adequately calculated.

Thanks you for your interest in New Jersey soft tissue funding.

Apply Now

Settlement Funding for Wrongful Death Motorcycle Accident Cases

lawsuit cash advance

Lawsuit Settlement Funding Helps Clients in Financial Distress

Pedestrian Lawsuit Funding Helps Injured Plaintiffs

What is Pedestrian Lawsuit Funding?

Injury Types

Pedestrian Lawsuit Funding Based in Negligence Law

Pedestrian Lawsuit Funding Helps

Lawsuit Funding NJ of Soft Tissue Cases

Defining Soft Tissue in New Jersey

Redefining “Soft Tissue”?

What to Expect When Applying for New Jersey Soft Tissue Funding