Pre-Settlement Lawsuit Funding Can Help Protect the Full Value a Wrongful Death Lawsuit

There are no words to describe the loss of a loved one, especially a sudden, unexpected loss caused by the actions or negligence of someone else. Wrongful death can happen for many reasons ? auto accidents, pedestrian accidents, premises liability (slip and fall accidents), product liability, medical malpractice and workplace fatalities. When a wrongful death occurs, the victim's family has the right to file a lawsuit.

However, compensation is not automatic; wrongful death lawsuits usually involve a significant amount of money and are hard fought by defense-insurance interests. Thus, wrongful death claims can be long and drawn-out, taking months, even years, for lawsuits to resolve. Pre-settlement funding can help provide the means for a victim's loved ones to get through the long haul of a wrongful death lawsuit without feeling pressured to settle due to financial burdens.

Beyond the terrible emotional toll a wrongful death has on those left behind, it can also create significant financial hardships, especially if the victim was the family’s bread winner. Insurance companies put their own financial interests first; they make every attempt to deny, delay, and defend lawsuits and claims. These companies have financial staying power; they have the ability to use a plaintiff’s desperation to force a settlement, often too soon for too little compensation. Then, at the right time for their own pocketbooks, they offer pennies on the dollar assuming that a significant number of litigants will be unable or unwilling to wait out the long litigation process. Several may settle for a fraction of what the case is worth. And, if the plaintiff decides to continue the litigation and wins the case, the insurance company almost always appeals the verdict, dragging the case out even longer. These deliberate delay tactics have been making insurance companies obscene amounts of money for years. Strategic lawsuit funding can combat this strategy.

If you are currently in the litigation process for a wrongful death lawsuit and considering an early settlement, consult with your attorney and consider all expenses as a result of the wrongful death:

• Medical expenses
• Loss of present and future wages
• Funeral & burial expenses
• Mortgage and rent expenses
• Living expenses
• Out of pocket expenses
• Loss of consortium
• Pain and suffering