A wrongful death occurs when an individual is killed due to the wrongdoing or negligence of another person or entity.
The loss of a love one due to an accident causes great stress to a family. There is no good time to lose a love one and when it happens it’s devastating. While finances may be the last thing on your mind, it’s certainly something that will play an important part in the lives of the dependents.
For those people that have been financially affected due to a wrongful death and need money now, wrongful death lawsuit funding may help. There are many reasons why people may consider a pre-settlement cash advance for a wrongful death. Some of these reasons may include:
- Funeral expenses
- Burial expenses
- College tuition
- Mortgage & rent payments
- Car payments
- Credit card debt
- Out of pocket expenses
- Loss of income
Wrongful death cases can take years before a settlement is reached due to the extensity of litigation. The negligent parties will oftentimes hire experienced defense teams to handle their case because of the amount of compensation at hand. A plaintiff lawyer who handles wrongful death will fight hard and vigorously for your compensation while the defense team is likely fight against paying any compensation at all. In fact, many of these types of cases can take years before a settlement is reached. For those people that have lost a love one that is the financial breadwinner of a family, loss of income can be destructive to a household. Wrongful death lawsuit funding can certainly help take some of the financial burden away and help a family get their lives in order.
If you are currently evaluating lawsuit funding for a wrongful death case it’s important to fully understand the premises of lawsuit funding. There are many companies that provide funding for personal injury and wrongful death cases. You should consider selecting a lender that offers non-recourse funding. You don’t want to be in a position of having to pay back a lawsuit loan if compensation is not awarded. It may also be beneficial to compare rates and payment schedules for your loan.
If you are currently seeking a pre-settlement cash advance, begin by visiting our wrongful death lawsuit funding page today at LawLeaf. LawLeaf is a legal funding service that matches plaintiffs with lenders ready to compete for their business.