How Lawsuit Funding Can Make an Auto Accident Lawsuit Stronger

Southfield, MIHere is a personal account from a client who benefited from pre-settlement lawsuit funding after suffering serious injuries in an auto accident. To protect privacy at the client’s request, we have removed any reference to his name.

“I was in a head-on auto accident when a speeding driver rounded a curve and slammed into my car. I suffered permanent brain damage, three fractured ribs, and a punctured lung. I can no longer work to support my family. I filed a personal injury lawsuit against the negligent driver, but my attorney said it would take at least a year to settle my case. In the meantime, I could barely put food on the table for my family. The insurance company offered $750,000 to settle. Although it was not enough to cover my past, present, and future medical expenses and would never be enough to make up for my lost income, I could not refuse the offer considering my financial state. Fortunately, my attorney was familiar with a service called lawsuit funding and told me how it had helped his other clients. On his advice, I contacted Lawsuit Financial, and I am glad I did. Lawsuit Financial helped me pay my bills and wait for a settlement I deserved; I was awarded $1.2 million fourteen months later.”

When an innocent victim has been injured in an auto accident due to the negligence of someone else, the victim should be fairly compensated, including medical expenses, lost income, pain and suffering, and any other related costs. Unfortunately, lawsuits take months, even years to settle and most plaintiffs are not in a financial position to withstand a long litigation process. To a desperate plaintiff, any offer from the insurance company can be enticing.

Fortunately, many plaintiffs can now take advantage of lawsuit funding to help pay bills. Doing so keeps a case alive and levels the playing field, preventing a desperate plaintiff from being forced into accepting an inadequate settlement offer. A lawsuit funding application process should be quick and easy. Potential clients should experience no credit checks, no request for employment history, and no collateral other than the case itself. Lawsuit funding approval should be based entirely on the merits of the client’s case.