A lot of individuals contact us asking, "What kind of cases do people present when they're seeking either a lawsuit loan or lawsuit funding?" People come to us with all kinds of requests. Cases that are presented include automobile accidents, commercial property claims, patent-infringement cases, sexual harassment cases, EEOC cases, and much, much more.
In this article, we will share with you one real-life example of one particular client who sought our services. The client and her husband were traveling through an intersection when another vehicle failed to yield the right-of-way. The other vehicle was a tanker-truck. Upon impact, the client's vehicle burst into flames.
Our client's vehicle was engulfed in flames. The client's husband was the driver of the vehicle at the time of the collision. Both our client and her husband suffered extensive damage secondary to smoke inhalation.
Tragically, our client's husband died as result of these injuries. Our client was left needing to use a walker or for the rest of her life. Her husband, once the primary breadwinner, was now deceased. The client was unable to provide for herself. She had no income and was unable to meet ongoing expenses.
Unfortunately, when individuals suffer such tragic consequences, they find that their expenses remain unabated. Very often, they're going to find individuals who are not the least bit sympathetic to the individual's plight. The only thing the creditors want to know is when can they expect your next payment. Failure to pay in a timely manner will likely result in your particular case being turned over to a collection agency.
What would you do? The individual on whom you had relied to provide for you financially is no longer in the picture. You are unable to provide for yourself due to the injury suffered as a result of another's negligence. Your creditors continue to breathe down your neck. You find little hope for financial survival.
These are cases that are ripe for either a lawsuit loan or lawsuit funding. It is absolutely essential that these individuals retain the services of a competent attorney, an attorney experienced in handling such cases. Such cases also require the assistance of a broker who is willing to expend requisite efforts to allow the individual to obtain the settlement loan as quickly and efficiently as possible.
Most of the cases presented to us seeking either a lawsuit loan or lawsuit funding do not come to us under the present circumstances. Most of these individuals have suffered significant losses in their lives, but fortunately, most of the cases that present to us do not include the loss of a loved one. (However, many cases do.) It is very important that the broker work as closely as possible with the client's attorney to obtain requisite documentation so that that documentation can be presented to underwriters as quickly as possible.
Yes, the types of cases presented are quite varied. However, the need for attention-to-detail remains consistent. It is absolutely essential that you let your attorney know of your financial circumstances and your desire to obtain financial assistance as quickly as possible. Encourage your attorney to work closely with the litigation funding broker to obtain either the lawsuit loan or lawsuit funding that you need as quickly as possible!
No comments:
Post a Comment