Tuesday, May 11, 2010

Wrongful Death of 2 Women Caused By Bus Accident

A tragic death of two young women occurred April 26th, 2010,  as they and three others, were crossing the street on a walk light,  were all hit by a city bus  in downtown Portland. Police arrived and discovered three people still under the bus. Two young women were pronounced dead at the scene and a young man was taken to the hospital in critical condition, while the other two women received minor injuries.

The driver of the bus was turning left on a green light from a westbound street onto Broadway. the driver had to cross two lanes to complete the turn, and didn't see the pedestrians. There were no indications of mechanical failure, alcohol or speeding.

Very sad. Our sympathies are with the families and friends of those lost. All 5 young people were in their twenties.

When a person is killed or injured as a result of negligence by someone or something, a wrongful death lawsuit may be filed by the family of that person or persons. The law does allow suing for damages and loss of life. Legal cash is often available through companies that do lawsuit loan funding and advances. Getting pre settlement lawsuit cash is a way of helping when cash is needed to pay expenses until the case settles. This type of advance is non recourse, which means that it is paid back if and when the case is settled favorably.

                   No Risk   No Upfront Fees   No Monthly Payments   No Credit Checks

Freedom First Funding was begun to help plaintiffs with financial needs and sincerely cares about you and your situation. Our pledge is to do our very best to get you the desired amount of funding in the least possible time. We offer                   FREE NO OBLIGATION CONSULTATIONS.
             Visit us: http://www.freedomfirstfunding.com/      Phone: 877 386 3374
             e-mail: lhughes@freedomfirstfunding.com
        

Thursday, October 8, 2009

10 Things To Consider Before Applying for Lawsuit Loan Avances



The facts that every person considering a lawsuit loan or advance should know about and consider before applying are important. Understanding how litigation funding works, helps to make the right decision about lawsuit funding.  Terms used for this type of funding are, pre settlement loan settlement loan, lawsuit loan, case loan, lawsuit cash advance, plaintiff cash advance, litigation funding or finance, lawsuit funding, legal finance, legal funding    lawsuit cash,  personal injury funding and so on. Lawsuit funding is available in many types of cases. 



1. Do not think of an advance to solve all cash flow problems, and  understand that an advance is not another way to get cash for a  settlement. It is an advance to enable the plaintiff to meet expenses until the case settles either in or out of court.


2. Litigation funding  is not really a "loan". It's a cash advance based on the strength of the case that an investor of a litigation case is willing to advance on the possible successful outcome of the case. Companies that do these types of advances, invest in the lawsuit itself, rather than advancing cash to plaintiffs in the form of a loan. These are non recourse advances, which mean that if there is no recovery in the case, the plaintiff is not reponsible to pay back the advance. Plaintiffs only pay back the advance if the case is successful. Attorneys take these cases on a contingency bases, and they too, only get paid if the recovery is successful.


3. Lawsuit loans do not require credit checks, employment, or bankruptcy status. They are  based strictly on the strength of the case. There are no risks for the plaintiff and no monthly payments to be made as with traditional loans.


4. Although similar in what they do, each company is different, and charge fees and interest differently. Because lawsuit finance companies take on a lot of risk on these cases, the interest rates will vary depending on the amount of risk involved in the case. Even good cases can sometimes be thrown out by the court, and called "frivolous." With this in mind, investors charge high rates on successful cases in order to make up for the cases that are not successful.


5. Fees  asocciated with lawsuit finance are different with each company. The fees include: underwriting, origination, and multiplier fees. Some also have documentation, closing, and premature pay-off fees. These fees are added to the amount of the payback, and are based on how long it takes for the case to settle. Be sure to check with each company for their terms before applying. As with traditional types of loans, certain fees apply.


6. Use alternative funding whenever possible, because lawsuit loans can be expensive. Traditonal funding sources, do however, require monthly payments which can also put a real  strain the budget.


7. Investors will advance up to 10% of what they feel the case is worth, and will talk with the attorney to help determine the viability and value of the case.


8. When cases are not approved for funding, it doesn't  mean that it isn't a good case. It just means that investors are not interested in the case. Sometimes the case is not worth what the plaintiff is asking for in an advance, or what the plaintiff feels the case is worth. Funders determine the amount they are willing to invest, sometimes less than what the plaintiff requests.


9. Other reasons for a denial are the unwillingness of the attorney to either supply the necessary information, or sign the agreement to put the lien on the recovery. Sometimes, in cases with previous advances, the investors are not willing to go any more on the case because they feel the case is maxed out.

10. When approved for funding, a written agreement is signed by the plaintiff and the attorney puts a lien on the successful outcome of the case. Cash is received in 24-48 hours of the investor receiving the executed agreement.


In conclusion, plaintiffs applying for a lawsuit advances, should understand the process and make the decision if that is the best for them.  This way, they won't be disappointed if it wasn't what was expected.


Author:

Linda Hughes is the founder and president of Freedom First Funding, and is a full service legal funding broker, experienced in helping plaintiffs thoughout the US, obtain advances on their pending lawsuits. Freedom First Funding is not a direct lawsuit lending company, but is an independent third party that works through a network of national companies. We cut the stress of applying to multiple companies for both the plaintiff and the attorney.


                                                360 892 6667 TF: 877 386 3374
http://www.freedomfirstfunding.com/


Posted by My Business Life lj at 7:34 AM


Labels: lawsuit cash advance, lawsuit loans, pre settlement funding



Monday, September 21, 2009

Consider Lawsuit Funding for Maritime Injury Cases

Were You Injured At Sea? If You have a Pending Lawsuit pertaining to a Maritime injury you may want to Consider Lawsuit Funding. These laws apply not only to injured workers, but, to any passengers as well. http://en.wikipedia.org/wiki/United_States_admiralty_law Passengers on cruise ships, ferries, riverboat casinos, recreational boats, or other vessels may qualify. When ships or boats, are not maintained properly, unsafe conditions occur and vessels become unseaworthy. Owners may be liable for on-board passengers' injuries caused or contributed to by unsafe conditions. Operating or maintaining a ship or boat in a negligent or careless manner also creates liability for injuries to passengers. Passengers injured in Maritime accidents may qualify for financial compensation.


Working on a commercial vessel fishing boat, ocean liner, cruise ship, oil rig, or different types of commercial vessels can result in injury, serious injury, or even death. Maritime laws were created for compensation of injured workers, or for the survivors of workers who are killed in the performance of their duties at sea or, while the ship or boat is docked. The most common injuries are slip and fall accidents, , falling cargo, and loading and unloading incidents, which usually result in back injuries. In most instances, the injured worker must show that he/she was injured as the result of the negligence of his/her employer. Negligence may be proven if the employee can show unsafe work conditions, negligent navigation (collision with another ship, the dock, and iceberg, or other sea object). There are also laws that protect dock workers, such as longshoremen and other maritime employees who are considered "land-based".


Maritime laws cover a wide variety of on-the-job injuries. Financial compensation may be available under maritime workers' compensation laws if the employee works on vessels on the Oceans, Intra-coastal waterways, wharfs, docks or piers, or terminals. Injuries occurring in adjoining areas used for loading, unloading, repair, building and/or dismantling also qualify for compensation. The two main laws that cover or insure most maritime accidents are the Jones Act (aka the Merchant Marine Act of 1920) and the Longshore and Harbor Workers' Compensation Act. These laws provide for specific rights and protections to workers who are injured while at sea. Whether injured at sea, or injured on the dock, workers qualify for compensation for time off work, medical care, medication and/or physical therapy, living expenses, and, if necessary, job training for a new career if they are unable to return to their previous employment. Examples of qualifying occupations are employees on ships, offshore oil rigs and platforms, tugboats, barges, fishing and/or seafood boats, riverboats (including gambling boats), ferries, water taxis, coastguard vessels, and other ocean, intra-coastal or canal vessels.


"Employee" classes include crew members, captains, cooks, maintenance employees, and other vessel employees. The difference between on-land state workers compensation laws and Maritime laws is, that the employee can receive intangible damages for "pain and suffering" in Maritime cases, whereas in land based state workers compensation cases, only out of pocket medical, wage loss and retraining expenses are available. Under both systems, transportation costs for medical care are also available.


Whether you are injured as a passenger or an employee at sea, it is highly recommended that you retain the services of an experienced maritime attorney to pursue your Maritime case. If you already have an attorney and are pursuing a Maritime case, whether as a passenger or an employee, you are probably experiencing financial difficulties as the result of your injuries. Serious injuries usually cause long-term disability. Insurance companies often deny you the benefits you deserve so that you will be desperate to settle your case for their low-ball offer, when it finally comes. Freedom First Funding can help provide funding for your extraordinary medical expenses, mortgage or rent payments, car payments, food, utilities or other important expenses. Maritime legal funding can help between the insurance company's low first offer and a fair settlement at the end of the case. In addition to Maritime legal funding. we provide auto accident lawsuit funding medical malpractice legal funding, slip & fall lawsuit funding, airplane crash lawsuit funding, train crash lawsuit funding, and many other types of personal injury lawsuit funding. You don't have to accept first low offer because you need cash now. Legal funding from Freedom First Funding will help to pay your immediate bills and give you and your attorney the time needed to get the full value of your case. Use our money to get that larger case settlement. Contact us, toll free, at 1-877-Funder4 or, visit or website at: www.freedomfirstfunding.com

Friday, August 14, 2009

Getting Compensation for Motorcycle Accidents


Motorcycles and motorbikes are involved in only a small portion of road accidents. Statistics show that only about 1% of traffic on our highways are motorcycle and motor bike riders. Ridership has been increasing steadily though, because of high energy costs. It only takes a few gallons to fill the tank, and they get great gas mileage. Many drivers are abandoning larger vehicles for these types of vehicles.

Motorcycle accident claims are small in number, but they suffer 19% of deaths and serious injuries. Recent statistics reveal over 600 motorcyclists died in traffic accidents, in 2002, and 7000 suffered from serious injuries. Head injuries are the most common cause of death and serious injuries for motorcyclists, and are 45 times more likely to be killed than a driver of a car.

Motorcycle Accident Causes

The main reasons that accidents occur are other road users, poor highway maintenance of road surfaces, and the lack of any type of physical restraints or protection for the rider, and the lack of visibility to other highway users. There is only a 1/3 visibility of that of an automobile.


General Rules for Motorcycle Accident Victims


1. If the police are on the scene, make sure that a detailed report of the accident is taken, even if it seems unimportant. The smallest damage of the bike, personal injury, or anything carried on the bike can be important for a successful accident claim.
2. You can make a claim for compensation if the accident was not your fault or was only partially your fault. The speed at which you were traveling, along with whether you were wearing a protective helmet will be among the details that will be important when fault is being determined.
3. Accidents need to be reported as soon as possible because timeliness is very important. If the person responsible for the accident either doesn't stop or has no insurance, you can still make a claim. It is however, handled by the Motor Insurers Bureau. This is an organization that provides compensation for accident victims involving uninsured drivers, and hit and run cases.

It isn't easy... dealing with a motorcycle accident or injury can be complicated and needs to be taken care of quickly and with professional help. If you've been seriously injured and can't take care of it quickly, the best thing you can do, is to find a personal injury attorney to handle your claim details for things like injury assessment, accident reports, claim preparations, and so on.

Most importantly, you don't have to risk anything because of a "no win- no fee" arrangement, that means if your case wins, you keep the settlement, and if it loses, your attorney pays all the cost.

Be Safe. Don't Take Extra Risk

Even though motorcycle riding is a wonderful experience, it is very risky, and injuries can be very serious, sometimes fatal. Don't take another risk by trying to handle your claim by yourself after an accident, or employ a company that cares more about the money than about your well being and a successful claim. Use a personal injury attorney that will take your case on a "contingency" basis.(No win-No Pay)

When a cash advance is needed before the case settles, look for companies that advance cash on pending lawsuits that are only repaid when and if your case reaches a successful recovery. There are no risks, no monthly payments, no upfront fees, and no credit checks on lawsuit loans.


Freedom First Funding offers FREE NO OBLIGATION Consultations.

Contact us today @ 360 892 6667 TF: 877 386 3374 or apply online

www.FreedomFirstFunding.com


email: lhughes@freedomfirstfunding.com


Linda Hughes is the Chief Operations Officer, and founder of Freedom First Funding. Linda is an experienced lawsuit advance broker that cares about you and your case, and will work hard to get you the advance you need.