Wrongful death settlement loans can help the families of victims cope with the burden of an often drawn out lawsuit resulting from an accidental death. The situation to follow is an example of a wrongful death case.
A settlement was reached in the case of 21-year-old Michael Blaine Davalos, a Texas man who was struck by a commercial vehicle. On June 12th of 2012 at around 2:00 a.m., Blaine was crossing IH 35 South in Moore, Texas, on foot. As Blaine was crossing a commercial vehicle driven by an unnamed defendant struck him. Unfortunately Blaine did not survive the collision despite all the efforts and care provided by the doctors and nurses on staff at the hospital. He passed away due to the injuries sustained from the crash.
The family of the deceased sought out wrongful death settlement loans. They hired personal injury attorney, Candelario Trevino of Trevino Injury Law, in San Antonio, Texas, and filed a wrongful death lawsuit against the driver and also against owners of the commercial vehicle involved in the accident. The lawsuit was filed on March 3 of 2014 in the 37th District Court of Bexar County, Texas.
The lawsuit stated that the driver of the vehicles employer was at fault for multiple safety violations. These violations included; instituting policies that facilitated fatigued drivers on public roadways, creating dangerous conditions on public roadways, negligent supervision of its employees, and negligent training of its employees. The family sought an undisclosed amount in damages.
The police report stated that Davalos was at fault in the accident for failing to yield the right of way for a vehicle, which made the case more difficult to settle. Research done by plaintiff’s attorney discovered the driver of the commercial vehicle worked 17 consecutive hours leading up to the accident. However the police report went on to state Davalos was under the influence of an intoxicant at the time if the incident. Furthermore, the investigation found Davalos had crossed one full lane before being struck. In these circumstances all vehicles should have had ample opportunity to see him crossing the roadway and stopped.
The driver and the owner of the vehicle’s insurance provider agreed to pay the Davalos family the entire amount afforded by policy limits. While the amount of the settlement is confidential, the bereaved family says they are relieved that the truth finally came out and they can now begin the difficult healing process.
While the family of Davalos were able to realize a fair settlement in their case, not all plaintiffs in wrongful death lawsuits are so lucky. Wrongful death settlement loan lawsuits can be hard fought and long running, often putting pressure on plaintiffs to accept lesser settlement amounts. Procuring lawsuits of wrongful death settlement loans can help these plaintiffs.
Wrongful Death Settlement Loans Provide Relief with Cash Prior to Recovery
Lawsuits of wrongful death settlement loans provide plaintiffs in wrongful death lawsuits with cash advances to assist them in managing the financial hardships of a protracted court battle. Settlement loans are not traditional loans; considerations such as employment or credit history are not factored into funding considerations.
Securing wrongful death settlement loans requires no upfront fees or payments. A cash advance can be made available in as little as 24 hours, once the determination has been made to provide a plaintiff with a wrongful death settlement loan. And unlike a traditional loan, there are no incremental payments.
The “borrower” of a wrongful death settlement loan is not required to pay anything until and unless a judgment is rendered or settlement reached. Should the plaintiff receive compensation, the lawsuit loan payment is taken right out of the proceeds. On the other hand, should the plaintiff lose the case, they are not required to pay anything, not even the money borrowed.
For those involved in wrongful death lawsuits, securing a wrongful death settlement loan could help you realize a larger judgment or settlement. Your loss is painful enough; lessen the burden of an extended court battle with lawsuit funding.