In automobile accident lawsuits the legal process can be very complex. The victim may be out of work due to injuries and need help paying ongoing medical expense or everyday living expenses, or paying down debt. Because plaintiffs won’t receive a settlement until the litigation process is completed, which could take months or years, pre-settlement funding may be a solution. Simply stated, litigation funding helps injured victims through difficult financial times while they await a fair shake from the legal system.
Since a financially desperate plaintiff is not a positive influence on settlement negotiations, it stands to reason that removing financial pressure to settle early, and for too little, will result in increased settlement proceeds for the plaintiff. The biggest mistake a plaintiff can make is to accept an initial offer from an insurance company because his/her economic circumstances require acceptance of a low-ball settlement offer. Lawsuit funding will prevent you from having to make that mistake.
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Are you struggling financially? Are the bills are piling up? Do you have no where to turn to avoid debt? Then, turn to a legal funding expert. Don’t let the fact that you are unemployed and the bills are becoming past due force you to settle for less than the compensation you deserve; don’t let it wreak havoc on your credit. These circumstances are why more and more attorneys and clients are turning to litigation funding.
If you have retained an attorney and filed a lawsuit; if your attorney has evaluated your case and it appears that the accident was not your fault; if you were injured and are missing work, you will probably qualify for lawsuit funding.