Auto Accident Lawsuit Funding When You Need It Most

Southfield, MIAuto accident lawsuits may take months, even years to reach a fair settlement. If your ability to work is affected, the longer your case lasts, the more difficult it may be to pay the bills.

Pre-settlement lawsuit funding can help you avoid financial disaster and wait for the settlement you deserve. But, don’t take our word for it. Here is a real-life story from a plaintiff that benefited from auto accident lawsuit funding.

“I was on my way to work about 7:30 a.m. when I was suddenly sideswiped by the driver of a Chevy Blazer,” said Jeannie. “He just moved into my lane as if I wasn’t there. After the impact, I lost control of my car, went off the road, and hit a pole. Everything happened so fast.”

Jeannie said she had mild back pain initially following the accident, but by that evening she was suffering from numbness and severe pain and spasms in her lower back, and the numbness traveled to her legs. Jeannie was initially treated by her doctor with pain medication and injections to reduce inflammation. Eventually, she needed surgery to alleviate pressure on her spinal cord.

Jeannie was unable to work as a computer analyst because of the pain, especially when sitting for a long period of time. She could no longer live the active lifestyle she once had as an avid runner. After failing to reach a settlement with the insurance company, Jeannine contacted an auto accident attorney. The litigation process began, but her financial situation did not change. “The hardest part was seeing the pile of bills sitting on my kitchen table," she said. "With no income, how was I supposed to pay all these medical bills? How would I keep my house?”

Jeannie’s attorney mentioned that there was money available to financially-strapped plaintiffs like herself, known as pre-settlement lawsuit funding. This type of funding can be just the right help needed to survive and keep a case strong. It is a way to “borrow” money against the expected settlement so the plaintiff can stay financially afloat and focus on healing.

Jeannie applied for auto accident lawsuit funding and because her attorney was able to provide the necessary documentation within hours of her application, Jeannie received the much needed cash within 24 hours. Her case settled six months later. If Jeannie had lost her case, she would have owed the funding company absolutely nothing. Auto accident lawsuit funding is provided on a “non-recourse” basis meaning that if the plaintiff loses, the cash advance is waived in its entirety. Other features are that there are no upfront costs, no monthly payments, no credit checks, and no employment verification. None of these things matter because lawsuit funding is approved based solely on the merit of the case.

Jeannie hopes that one day she will have her life back, but for now she takes things one day at a time.