Settlement Advances

When someone has been injured in an accident they have certain legal rights. They have the right to seek compensation for their accident and they have the right to seek settlement advances prior to a verdict. Settlement advances are non recourse loans given to the plaintiff in a personal injury case. Essentially there are four different types of settlement advances: pre settlement funding, commercial litigation advances, structured settlement advances & law firm loans. The most common settlement advance is that of a personal injury.

  • A pre settlement advance is defined as lawsuit funding prior to a case funding
  • A structured settlement advance is defined as lawsuit funding for future payments or buyouts of a case that has already reached settlement.
  • Commercial litigation advances are defined as lawsuit funding in commercial type cases such as breach of contracts or copyright infringement cases. Sometimes this type of funding is not that of non recourse.
  • Law Firm advances can be both advances against pending personal injury cases as well as financing to help law firm growth.

Settlement advances are typically used to help plaintiffs pay off expenses while waiting for compensation from their case. All to often plaintiffs settle their cases prematurely because they are in financial havoc and need money to help pay for mortgage & rent payments, car expenses and food. When someone secures a settlement advance they essentially give the attorney more time to fight for full compensation for their case. A person that has been involved in an accident should always consider the financial repercussions prior to settling their claim. Once you’ve settled a case you can’t receive additional compensation. This means if you settle a personal injury claim your ability to seek ongoing compensation for medical bills and expenses for physical therapy you can’t recoup those costs at a later date.

A personal injury case can take months or even years before a settlement is reached. For those people that have ongoing medical expenses and have been advised by their attorney not to settle early, a settlement advance can help. There is no question that settlement advances aren’t for everyone but if you are one of the Americans that are struggling in making your monthly rent or mortgage payments or need cash for increasing expenses, a settlement advance can help.

Provided by LawLeaf:

LawLeaf an online lawsuit funding company provides settlement advance services throughout the United States. LawLeaf’s network of legal funding lenders compete for your business. If you are searching for additional information on settlement advances visit LawLeaf today.

Tractor Trailer Accident Lawsuit Funding

Last year throughout the United States, there were over 400,000 tractor trailer & semi truck accidents. Although the Federal government has implemented regulations in hopes of a decrease in the amount of accidents, laws are neglected and accidents are still occurring.

If you are a victim of a tractor trailer accident you have certain legal rights. You have the right to seek compensation for your injury under personal injury law. You also have the right to seek tractor trailer lawsuit funding prior to your case reaching a settlement. When an automobile is struck by a tractor trailer the injury is likely to be catastrophic. These types of accidents typically result in catastrophic injury and in some cases wrongful death. Due to the size of tractor trailers & semi trucks, an impact or collision is oftentimes severe.

For some people that have been involved in such an accident it can mean loss of wages, major damages to your motor vehicle and expensive medical bills. When you hire an attorney to represent you he or she will fight for full compensation to help pay for damages and expenses related to an accident. This process can take months or even years before a settlement is reached. Because of the seriousness of these types of accidents, insurance companies will treat them with a high priority because of the size of the compensation. For people that need money now to help supplement a loss of wages and increased medical bills a lawsuit cash advance can help. A lawsuit cash advance can help pay down expenses and supplement income loss without having to prematurely settle a case. It ultimately gives your attorney more time to reach full compensation for your case.

Most tractor trailer accidents occur due to the negligence of the driver. The following items listed below are some of the common reasons for tractor trailer accidents:

  • Driver Fatigue
  • Over loaded trailer
  • Disregard to whether & traffic conditions
  • Poor maintenance (tires, brakes & lights)
  • Road Rage & Tailgating
  • Driving under the influence of drugs & alcohol
  • Use of cell phones & text messaging
  • Failure to recognize blind spots & improper lane changes
  • Jackknife
  • Speeding
  • Disobeying traffic signs, signals & posted speed limits

If you have been involved in a tractor trailer or semi truck accident its important to seek immediate medical attention regardless of the outcome of the accident. Because of the impact of these types of accidents injury can occur right away and sometimes it can take weeks before the injury is realized. Many times the onset of an injury can occur weeks or even months after an accident.

Some of the different types of injuries include but not limited to:

  • Head, neck & back injury
  • Spinal Cord injury
  • Shoulder, arms & legs
  • Broken bones, cuts & bruises
  • Burn Injury

If you have been involved in a tractor trailer accident its always a good idea to seek the representation of an experienced lawyer. You should always consider speaking with an attorney prior to talking with an insurance company. If you decide to speak with the insurance company do not provide information that would hurt your chances of getting fair compensation for your injuries.

Content is Provided by LawLeaf:

LawLeaf provides tractor trailer lawsuit funding for victims looking for pre settlement funding prior to their case settling. Our lenders all provide non recourse funding which means you don’t have to pay back the lawsuit loan unless your attorney is successful in winning compensation. For more information on Lawsuit funding for a tractor trailer accident visit LawLeaf today.

Motorcycle Accident Lawsuit Cash Advance

A motorcycle accident is oftentimes one of the most catastrophic of all motor vehicle accidents. Motorcycle accidents result in severe injury and many times loss of life. Statistics in 2005 show that over 87,000 people were injured as a result of motorcycle accident while over 4,500 people were killed. Although motorcycle accidents occur due to the reckless of the driver, many of these accidents occur due to the negligence of other drivers. While most people that are involved in accident secure lawsuit funding to help pay for living expenses, many motorist involved in motorcycle accidents secure lawsuit cash advances to help pay for hospital & medical expenses.

A motorcycle accident lawsuit cash advance can of course help you pay for ongoing living expenses etc. but it also can help pay for medical bills related to surgery, plastic surgery and rehabilitation. Because of the severity of these types of accidents people that involved in motor cycle accidents tend to stay longer in hospitals, have longer rehabilitation processes extending out the amount of time compensation is awarded.

There are many different injuries that may occur as a result of a motorcycle accidents. The most serious injuries are:

  • Head Injury
  • Broken bones
  • Burns & Scars
  • Neck Injury
  • Paralysis
  • Amputations

Why are these accidents so serious & sometimes not preventable?

Unlike riding in an automobile, a motorcycle gives the rider little to no safety reliance. Yes, there are laws in place for most states that mandate all riders where safety helmets but when a rider is going maximum speeds and hit by an automobile, safety gear only helps so much. The driver typically gets launched from the motorcycle with the momentum moving forward. Most of the time the injury occurs at the time the driver impacts the ground, car or other object.

These accidents sometimes are not preventable for the driver of the motorcycle. Accidents tend to occur because the other driver is not able to see the motorcycle driver. Many accidents are a result of lane changes, running read lights, poor whether conditions and stopping short.

Due to the severity of these types of cases insurance companies will assign large defense teams to minimize compensation. This means that they are typically fully prepared to fight the victim and many times these cases fail to be negotiated during the litigation process. This means these cases can take years before a settlement is reached. For the victim this could be a financial disaster.

Consider the following: Your attorney will ask you to seek ongoing medical attention prior to accepting a settlement on your behalf. This could take as much as a year to go through proper medical treatment. It is never wise to take a settlement without being fully evaluated by a medical expert. Once you’ve finished your rehabilitation process the amount of compensation can be better assessed. At this point your attorney will talk with the insurance company on your behalf asking for a certain amount of money. If the insurance company decides they don’t want to pay the amount of money requested the case will probably make it to court. This is where a lawsuit cash advance makes sense. A motorcycle accident lawsuit cash advance can help you get by while your case is reaching a settlement. It may help you pay for those ongoing rehabilitation treatments or living expenses such as rent, food or a mortgage. It will ultimately buy you more time so you can get a fair settlement from the insurance company.

It is always recommended you seek medical treatment after a motorcycle accident.

Content Provided By LawLeaf:

LawLeaf is an online lawsuit funding service that works with both plaintiffs and Litigation financing Institution. If you would like additional information on motorcycle accident lawsuit funding, please visit LawLeaf today.

Settlement Loan

A settlement loan is defined as a lawsuit cash advance against a personal injury or structured settlement. The other two different types of settlement loans are commercial litigation financing and attorney funding.

A settlement loan typically comes in the form of non recourse funding meaning you only pay back the loan if you are successful in winning your case. When someone contacts a lawsuit funding company for a settlement loan the case is generally handled by the company and your attorney. The company will request from your attorney information surrounding a your accident or injury. This information is used to determine the likelihood of winning your case and the amount of money your case may be worth.

An approval for a settlement loan is contingent upon the strength of your case and the amount of compensation you may be expected to win. The amount of a settlement loan will be determined by each company. The amounts vary depending upon the case type and the lawsuit funding company. There are some companies that are willing to take on riskier cases on a broad personal injury spectrum while others specialize in smaller cases funding only few different funding types. Personal injury law encompasses a vast area of different accidents and injuries. In many cases these injuries can put a family a risk to financial disaster.

Settlement loans are typically used by people whom have long and drawn out legal cases. These cases can be in litigation for months or even years prior to a verdict. When someone requests a settlement loan they generally need money to help supplement loss of wages and expenses while waiting for their settlement to be reached. While the money can be used for any financial need most people use the money to help pay for medical expenses, reduced income, child care, mortgage and rent payments, car repairs and out of pocket expenses. There are other reasons why someone may request a settlement loan prior to their case reaching a settlement. Consider the following: an insurance company or corporation is in business to make money. When legal action is taking against the defendant of the case, its up to these types of companies to act as judiciously as possible with their main focus to get rid of the lawsuit in the least expensive way. This representation costs money and insurance companies tend to offer lower amounts of compensation to the victim at all costs. In some cases they will fight the case to a verdict in hopes of a favorable outcome for the defense.

The facts are that insurance companies have large defense teams. These lawyers represent the “best interest” of their company. They also have the financial backing to keep a case in litigation for months and even years. Expanding a case out over a long period of time is a tactic that is commonly used by the defense. This is in hopes that the plaintiff will settle for less money. A settlement loan can help you keep your case open so your attorney can fight for fair and full compensation for all injuries incurred.

If you have been injured in an accident and now have the representation of a lawyer you may be currently going through medical evaluations and physical therapy. Your lawyer probably recommended ongoing treatment until your injury has healed or you’ve got a better understanding of the negative effects of the injury. Your lawyer is making this recommendation because he understand that once a case has reached a settlement and compensation has been paid, you no longer can receive monies for ongoing medical expenses. Once again a settlement loan can help you keep your case open while giving you money to help pay for such expenses.

Do understand, a settlement loan is a type of funding that is only loaned by a lawsuit funding company. Banks and other lending institutions will not loan money against a legal case because settlement loans come as non recourse.

This content is provided by LawLeaf:

LawLeaf is a lawsuit funding service that matches plaintiffs with a vast network of lawsuit funding companies. Our clients are referred to LawLeaf because our lenders compete for their business. If you are searching for additional information regarding a settlement loan visit LawLeaf.com today.

Lawsuit Funding Selection

You are in the process of finding lawsuit funding for a personal injury. You are not sure what to look for or how to find companies willing to provide you with a lawsuit cash advance. There are many questions you may have however there is not much in the form of information to provide you with answers. The facts are that most people only secure lawsuit funding once in their lives. Like a personal injury, lawsuit funding is something you never believe you will ever need because the chances of an accident is highly unlikely until now.

Those plaintiffs looking to secure lawsuit funding typically have financial needs such as the ability to pay for living expenses and bills while waiting for a settlement. A personal injury is oftentimes a financial hassle for many people. The hassle of finding the right attorney is one thing but the ability to pay for bills and expenses without income is something entirely different.

When making a selection for lawsuit funding there are several different variables you should consider. When researching a company you will first need to make sure that your case can be funded. As of August 26, 08 all 50 states now allow plaintiffs to seek pre settlement funding and structured settlement funding, however, there are a few different cases in which lawsuit funding companies won’t provide advances. If you are searching for workers compensation you will want to visit LawLeaf to get a list of states that allow workers compensation funding. You may also have a hard time getting lawsuit funding if your case isn’t being litigated by an attorney.

While many companies provide lawsuit funding some companies specialize in different areas of funding. There are essentially four different types of funding options: pre settlement funding, structured settlement, commercial litigation financing and attorney loans. Pre settlement funding is the most common funding type.

Pre settlement funding consumes a wide range of personal injury cases. The selection of a lawsuit funding company will depend upon which cases each lender will handle. For instance the most common lawsuit cash advance is a car accident and perhaps the least common could be an amusement park accident. Depending upon your personal injury may depend upon your preliminary selection of a lender. Some lenders specialize or prefer certain lawsuit funding cases while others prefer different types of cases.

When you begin selecting a lender remember you have options and you should take advantage of those options. Carefully investigate each company prior to applying. You will need to make sure that the company can provide you with fast turnaround times at an affordable rate. While the personal injury selection is important the company that provide lawsuit funding for your case is also very important.

Content Provided by LawLeaf:

LawLeaf is a legal funding company that helps plaintiffs with their selection process. If you are searching for information regarding a lawsuit cash advance visit LawLeaf today. LawLeaf, a lawsuit funding service, works with a network of legal funding institutions ready to compete for your business. For more information visit http://www.lawleaf.com

Medical Malpractice Lawsuit Funding

Medical malpractice is a term used in the legal industry for medical mistakes made by a doctor, physician and other medical representative. Although each case varies the most common medical malpractice tends to be derived from misdiagnosis, medication errors, surgery errors and negligence. Medical malpractice falls under the law of personal injury. Personal injury is described as the legal right of a plaintiff to file suit for compensation under the law due to the negligence or wrongdoing of another person or entity. For cases resulting in death a case may be filed as a wrongful death suit. In the case of medical malpractice “entity” may refer to a hospital or a doctors office.

When someone has been injured due to errors they have certain legal rights. Those rights include hiring legal representation from a lawyer to help fight for compensation under the law. Medical malpractice lawsuits can take time. In most cases the amount of time is determined upon the extent of the injury and the underlying factors surrounding the case. Most medical professionals have insurance the covers medical errors in the event an error is made. These companies have tenacious defense lawyers that fight hard to prevent compensation being paid to the victim. In many cases their defense teams can prolong cases in hopes that the plaintiff will settle for less money. While never the intent of the personal injury attorney, a plaintiff may request to accept a lower offer due to financial difficulties.

Medical malpractice lawsuit funding can provide a boost for the plaintiff. Lawsuit funding is a term that is most commonly used by litigation financing companies describing pre settlement funding or lawsuit cash advances. A lawsuit cash advance can help the plaintiff keep their case open without having to prematurely settle for less money. When people apply for lawsuit funding for a medical malpractice they are typically in need of money to help pay for increasing expenses and credit card debt. If a plaintiff qualifies for lawsuit funding they can accept the lawsuit loan as non recourse. Non recourse refers to funding that is only paid back if the plaintiff is successful in winning a cash award.

Medical malpractice cases can take years before settlements are reached. In some cases even after a case has been won by the plaintiff the defense can always appeal the case. When this happens the amount of time prior to the next hearing can take months, prolonging the amount of time before compensation is paid. If you believe that injury has occurred due to a medical malpractice you should seek immediate legal representation from an attorney.

Content Provided by LawLeaf

LawLeaf is an online legal funding service that connects plaintiffs to competing lenders. If you would like additional information on medical malpractice lawsuit funding visit http://www.lawleaf.com.

Pedestrian Accident Lawsuit Funding

A pedestrian accident can be catastrophic and oftentimes cause death. While there are more than 5,000 individuals that are killed in motor vehicle accidents each year the number of pedestrians that are hit by trucks and cars are also on the rise. Throughout the United States the law is usually specific that pedestrians have the right of way. This means if a pedestrian is crossing a cross walk and a motor vehicle hits the pedestrian, the driver is usually liable for all damages and injuries caused by the accident.

When a pedestrian is hit by an automobile it usually happens because the driver was not paying attention behind the wheel. When you hire an attorney to help seek compensation for your injuries the attorney will argue that the defendant was acting in a negligent or reckless manner when the accident occurred. If the personal injury attorney can prove that the driver of the vehicle was negligent in turn one will have a better chance in getting compensation out of the case.

An attorney may argue the following:

  • The failure of obeying a stop sign
  • Driver ran a red light
  • Driver was under the influence of drugs or alcohol at the time of the accident
  • Talking on a cell phone
  • Text messaging while driving
  • Failure to yield in a cross walk

While most people believe pedestrian accidents occur on our highways statistics show otherwise. There are many accidents that occur in parking lots, driveways and private roadways. Consider the amount of accidents due to motorist backing up in parking lots or backing out of driveways. We’ve even seen in the past pedestrian accidents occurring due to drag racing and high speed chases.

Regardless of how the accident occurred, pedestrians reserve the right to file for compensation under personal injury law. When filing a claim one may call upon a lawyer to help seek compensation for their injuries or damages. A personal injury lawyer will file suit against the guilty party on your behalf and fight for a full cash award. While pedestrians have the right to file for compensation under personal injury law, they have equal rights to secure lawsuit funding prior to their case settling. A lawsuit cash advance for a pedestrian accident typically occurs prior to an injury settlement however there are cases in which companies can secure money for their clients after a case has already settled.

Due to long drawn out processes people whom have been injured may need financial help. Because the severity of these types of cases, lawsuit funding can help a family pay for bills and expenses while a case is going through a settlement. Oftentimes these cases can take months or even years before a fair settlement is reached. For those families that have been directly effected because loss of wages or salary, lawsuit funding may be a viable option.

If you have been injured in a pedestrian accident you should seek immediate medical attention. If you have legal questions regardless of a personal injury accident you should seek legal advice from an attorney.

If you are currently searching for additional information on pedestrian accident lawsuit funding, we invite you to visit LawLeaf today. LawLeaf is a litigation financing company that works with clients in helping them secure pre settlement funding and structured settlement payouts.

Lawsuit Cash Advance

What exactly is a lawsuit cash advance? Throughout the United States there are millions of accidents that occur each year. Many of these accidents can prove to be a financial burden on both parties. When someone is injured due to another person or entity, they have the right to seek compensation for such injuries. This type of law is considered personal injury law which states if “you” the victim has been injured to to the negligence of another you may have the right to seek fair compensation for damages.

On the flip side, “me” the defendant also has the right to defend myself of the alleged negligence. At this point a personal injury suit may be filed by either the victim or by legal representation hired by the victim. At this point a lawsuit cash advance may help.

A lawsuit cash advance is a loan made by a lawsuit funding company to the victim with the understanding once the case has settled the loan will be repaid. For some people that have financial obligations that can’t be met, a lawsuit cash advance could make sense. Consider the following: a person was injured in an accident and they are unable to work and pay their bills. Unfortunately that person has horrible credit, lives paycheck to paycheck and does not have the luxury of financial support from friends or relatives. This same person’s credit card bills are maxed, they have car payments and a mortgage and in some cases have financial obligations of a family. This is when a lawsuit cash advance can be beneficial.

When a person applies for a lawsuit cash advance they should understand there are several different funding options. For instance, if a person is in current litigation or a settlement has been reached but not yet paid, they will apply for pre settlement lawsuit funding. If a person is receiving monthly or yearly checks for an accident in the past, they will apply for a structured settlement.  There are other funding options such as commercial litigation funding in which the plaintiff is suing for discrimination or breach of contract. Lastly, there are always cases in which a lawyer will apply for a lawsuit cash advance to help fight a case. This often occurs when a lawyer is going up against a large defense teams with an unlimited budget.

A lawsuit cash advance may be a last option but its certainly a viable option for many. If you are searching for a lawsuit cash advance consider the following:

  • Does the company offer non-recourse funding meaning you don’t have to pay back the loan if you don’t win compensation for your case
  • How much of a lawsuit cash advance will I need- Many companies will not take on a case that has been previously funded so make sure the dollar amount you request is sufficient.
  • How quickly do I need money- When applying for a lawsuit cash advance make sure you follow up with your application if you don’t here back from the lender within a business day. There are many companies that receive dozens of applicants a day and without proper follow-up your case may get lost.
  • Reviewing a contract- Make sure you review the contract prior to accepting a lawsuit cash advance. Look over the terms and agreement to be sure you fully understand the loan. While most companies are ethical there are always chances in which a contract says one thing and the lender is saying another.

A lawsuit cash advance is certainly something that should be considered if all other financial options have been exhausted.

Content Provided By LawLeaf:

If you are currently seeking information on a lawsuit cash advance visit LawLeaf today. We are an online lawsuit cash advance service that provides a matching service for plaintiff to lender. Our network of lenders compete for all lawsuit cash advances.  Visit us today at www.lawleaf.com.

Lawsuit Funding

Lawsuit funding can be defined as a cash advance against a pending lawsuit. The most common lawsuit funding types are those cases involving a personal injury. There are several benefits to those whom qualify for lawsuit funding. First, lawsuit funding for personal injury cases are typically loaned on a non-recourse basis, meaning you don’t pay back the loan unless you win your case. Second, lawsuit funding can help pay for medical expenses, rent & mortgage payments, car loans and other related living expenses. Third, for those people that are in immediate need of cash, lawsuit funding can help you keep your case open without having to settle for less compensation.

Too often people settle their cases prematurely because they are in need of money. They oftentimes don’t consider the repercussions of ongoing medical expenses and other expenses directly related to the accident. Its important to understand once a case is settled, you can’t receive additional compensation for costs associated with the accident at a later time. You have one shot and one shot only to get the full and fair amount of compensation from the accident.

An experienced personal injury lawyer will advise the plaintiff to seek medical attention immediately after an injury has occurred. They will also advise you never to settle a case prior to seeking medical evaluations and ongoing physical therapy if needed. During this phase a personal injury case can become slow moving. It is always recommended that you never settle your case until you have a good indication of the total expense surrounding the case.

While lawsuit funding isn’t for everyone it certainly can help those individuals that are not in the financial position to wait until a settlement is reached.

The 4 different types of lawsuit funding options include pre settlement funding, structured settlement annuity payouts, commercial litigation financing and law firm loans.

  • Pre-settlement funding – personal injury related accidents
  • Structured settlement annuity payouts – case has already settled and advancement is against monthly or yearly payouts
  • Commercial Litigation – includes cases such as breach of contract, class action and discrimination cases
  • Law firm loans – advancement to help build a practice or advancement for lengthly litigation cases

Content provided by LawLeaf:

LawLeaf is an on-line legal funding service that matches plaintiffs and attorneys looking for cash advances with our network of lawsuit funding companies. If you are currently searching for additional information or considering applying for a lawsuit funding, visit LawLeaf today.

Lawsuit Funding Company

A lawsuit funding company can help you secure money before your personal injury case settles. Over the last 10 years there has been a rapid increase in litigation financing companies also known as lawsuit funding. This month is historical as all 50 states now have passed legislation to allow lawsuit funding. There are certain things one must consider prior to applying with a lawsuit funding company.

Some of the requirements include:

  • You must have hired an attorney on a contingency fee basis. If you don’t have legal representation for your accident you will be declined during the application process.
  • When underwriters evaluate your case there must be a good chance that you will receive compensation for your injuries. Because most lawsuit funding companies provide non-recourse funding, they are taking the risk by lending you money. If your case never settles these companies do not require you to pay back the lawsuit loan.
  • A lawsuit funding company will fund a percentage of the potential settlement amount. These percentages vary from company to company. The higher your potential settlement amount the higher amount you can request.
  • The strength of your personal injury case will result if you get approved or not. The stronger the case the better chance you have in getting your case funded and the stronger your case the better chance you have in getting a better rate.

Because a lawsuit funding company offers non-recourse funding their rates are generally a little higher than a typical standard loan, however, there are some companies that can sometimes beat the rate of a standard loan. Again, it really depends upon the strength of your case.

The application process should be seamless no matter whom you apply with. This means during the initial application process you should only provide information such as name, numbers, attorney names and numbers, case type and the requested amount of cash. Once a lawsuit funding company receives this information the rest is handled between your attorney and the funding company until you are approved.

This includes the handling of case files and documents surrounding your personal injury case. When someone is requiring a lawsuit cash advance its because they need money now! This means its important that the process is handled with professionalism and urgency. A lawsuit loan shouldn’t take anymore than a day or so to get an approval. In fact depending upon how quickly a lawsuit funding company can get the required documentation from your lawyer an approval can take just hours.

In closing when you begin applying for litigation financing with a lawsuit funding company you should keep your options open and it could be advantageous to shop your case around to several companies.

*LawLeaf is an online legal funding services that matches plaintiffs searching for pre-settlement cash advances with lenders ready to compete for their business. If you would like more information on how our lenders compete visit our lawsuit funding company today at http://www.lawleaf.com.