Fundable Lawsuit Advances
There are different types of cases that lawsuit advance companies will underwrite for plaintiffs with pending lawsuits. Some only do personal injury/medical malpractice cases, while others do a range of different case types. So, it is important to know what each company funds. Brokers can help find the best company to apply to, because they know what funders will be interested in looking at a case, and can submit the case to several funders, which saves the plaintiff time by freeing them up to do other things and get back to living.
1. Personal Injury cases top the list as the easiest type on which to obtain an
advance. Auto Accidents are the easiest because they almost always are
backed by insurance. Medical Malpractice is a type of personal injury case,
and then comes Slips/Trips/Fall cases, followed by Elder Abuse because they
too are usually backed by some type of insurance.
2. Worker's Comp. Cases in some states *Third party Worker's Comp in all
states except NC. Third party is when a worker is injured while on the job,
but not by the employer's neglience . These are usually because a person is
employed as a driver and then is involved in an accident through no fault of
their own. Railroad Injuries (FELA) Seaman's Claims (Jones Act)
3. Wrongful Death cases are often covered by insurance as well. When a person
dies because of the negligence of another person or company, they are liable
for the death of that person, and the heirs are entitled to compensation.
4. Product Liability is related to faulty products such as drug cases that
sometimes cause death and long term health problems. Other types are
products that cause injury or death.
5. Wrongful Imprisonment/Conviction because of being falsely convicted.
Other Case Types that are funded:
6. Wrongful Termination
7. Discrimation
8. Breach of Contract
9. Bad Faith Insurance
10. Attorney/Lawfirm Funding
*We no longer accept cases from North Carolina
Lawsuit cash advances are just that. They are non recourse advances made strictly on the strength of the merits of the case, and are only paid back when and if the case settles favorably.We work directly with your attorney. No risk is involved and there are no up front fees. There are of course fees that are involved in this type of funding. Fees are always stated in the agreement before any cash is disbersed, and the plaintiff has the option of either accepting or rejecting the agreement.
About the Author:
Linda Hughes of Freedom First Funding is a lawsuit funding broker and is the Chief Operations Officer for the company. We are experienced in all types of lawsuit funding, and will always do our very best to get you the advance you need in the least amount of time.
http://www.freedomfirstfunding.com/ 360 892 6667 877 386 3374
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