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4 Sure Signs That You Need Lawsuit Funding

signs-you-need-lawsuit-funding

Becoming the victim of an accident – be it on the road, at the shopping mall, or at the workplace – is something that we don’t like to think about. Unfortunately, these events do happen on a daily basis. If you are ever facing this situation, you may find yourself involved in a lengthy litigation process wondering how you will get by while your case is resolved in a court of law.

If that’s the case, you may need to consider the option of pre-settlement lawsuit funding. This is also known as a lawsuit cash advance or a lawsuit loan. But how do you know if taking advantage of this financial resource is right for you? Here are four key signs which indicate that you may benefit from lawsuit funding:

  1. You have no source of income. Sometimes an injury sustained as a result of someone else’s negligence is so severe that it prevents you from working. Without a steady income, you find yourself unable to pay for household expenses like groceries, rent, mortgage, car payments, and utilities. You may have also exhausted your savings and even had to sell things to scrape together enough cash to keep going. A lawsuit cash advance can be a “bridge” that allows you and your family to go about living your lives until your case is settled.
  2. You can’t qualify for a loan but need money quickly – If you are injured, your medical expenses will mount up quickly! If your income stagnates and your savings dries up, you may try to take out a personal loan from a bank or lending institution. It’s possible that the unexpected loss of income resulting from your injury will adversely affect your credit, preventing you from qualifying for a loan or even raising the limit on your credit cards. Because lawsuit funding is NOT a loan you don’t need to worry about qualifying, since it’s based solely on the legal merits of your pending case. Plus, in many cases you can receive your money in as little as 24 hours.
  3. You are facing a financial crisis – Not only are you dealing with the trauma of being injured, your life as you’ve known it is starting to unravel at the seams. You’ve always been able to pay your bills on time, but now the collection notices from creditors are piling up. You may even be facing bankruptcy, eviction, foreclosure, repossession, or other hardships. Additionally, because of this your credit rating may be seriously affected. Ruined credit could haunt you for years; even after your case is settled. Lawsuit funding can be the lifeline that will give you the money you need to weather these financial storms.
  4. You are willing to settle for much less to bring your case to a close – Of course the insurance companies and the defendants in your personal injury case are hoping you will do just that! However, that’s not how our legal system is supposed to work. No plaintiff in a personal injury lawsuit should ever have to feel pressured to settle prematurely in order to get the funds they need to financially survive. A lawsuit cash advance can provide the peace of mind you need to pursue your legitimate legal claims through the courts while you wait for a fair settlement to be rendered.

 

Now that you’ve considered these factors, you may decide that lawsuit funding is the right course of action in your particular situation. If that’s the case, then we encourage you to contact our trained professionals here at Global Injury Funding so that we can explain your options to you. We make this process extremely simple, because we know that if you’re involved in a personal injury lawsuit you already have a lot on your mind. Here’s how it works:

  • Fill in the “Free Evaluation” online application and answer a few simple questions about your case. Be as detailed as you can about the specific facts regarding your case.
  • Once submitted, a member of our team of legal professionals will contact you personally to obtain all the relevant documents regarding your case. We’ll also ask you to provide your attorney’s contact information, since they will play an important role in our evaluation process.
  • If your application is accepted, we will prepare and forward the necessary documents to both you and your attorney to review and sign.
  • After we receive the signed agreement, we will issue your pre-settlement funding directly to you. You can speed up the process by authorizing us to deposit the funds directly into your checking or saving account via wire transfer.

This process is 100% confidential. There are no upfront fees and you make no payments until your case is settled. Best of all, if you do not win your case, you do NOT have to pay the money back. Not a dime! We shoulder all of the risks. That’s right: You owe us nothing if your case does not settle!

To get started, fill out the online application form; or call us today at (800) 980-2278. We’re here to help.

What to Do When Waiting for Your Case to Settle

lawsuit-cash-advances

If you find yourself in the unfortunate and stressful predicament of being a plaintiff in a personal injury lawsuit, you may be wondering what you should be doing while waiting for your case to run its long and arduous course through the legal system.

Sometimes people who find themselves in this difficult situation are facing financial difficulties brought about by such factors as being unable to work due to injuries sustained as a result of someone else’s careless behavior. This may result in plaintiffs being backed into a financial corner unable to pay such essential living expenses as house and car payments, medical bills, utilities, even groceries. As a result, they may try to ask creditors to work with them. However, creditors are under no obligation to do so, and may require that the plaintiffs keep paying their debts, which could put their financial health and credit worthiness in serious jeopardy.

This may even force plaintiffs to ask their attorneys to find a way to quickly settle their case, often for much less money than they would have received if the case had been allowed to be fully resolved by the legal system

If this sounds like you, then it’s important that you know that you do have options when waiting for your case to settle. You do not have to be held “hostage” by the time it takes for your personal injury case to go through all of the legal hoops before you reach a settlement.

Here at Global Injury Funding, we can offer you a vital financial lifeline called a lawsuit cash advance which will give you the money you need now to help you survive financially while you are waiting for your case to settle.

Also known as pre-settlement funding, these lawsuit cash advances have become increasingly popular in recent years. Here’s how they work:

First of all, a lawsuit cash advance is based entirely on the merits of your legal case. Therefore, they are NOT a loan, so you don’t have to fill out any lengthy credit application. In fact, all you have to do is fill out a simple evaluation form on our website, answer a few questions, and let our expert lawsuit funding specialists take it from there.

Secondly, a lawsuit cash advance does exactly what it sounds like: You are “advanced” a certain amount of money based on the amount of the settlement funds you are expected to receive if you win your case. And because this is a special type of cash advance called “norecourse funding” you do NOT have to pay the cash advance back if you do not win your case! That’s right. We shoulder all of the risks involved giving you the peace of mind to focus on the things that really matter instead of worrying about your financial problems.

Thirdly, lawsuit cash advances are completely legal and we work in partnership with the attorney handling your personal injury case to ensure that its legal merits are properly and thoroughly evaluated.

Finally, once we determine that you are eligible for pre-settlement funding, we will have both you and your attorney sign the agreement. And here is the best part: Often our clients receive their funds in as little as 24 hours after signing the agreement.

If you believe that a lawsuit cash advance can help you in your particular situation, we encourage you to apply. Our compassionate and trained specialists will help guide you every step of the way.

Don’t wait another day. Contact us today and let us start working for you.

The History of Lawsuit Funding

lawsuit-funding

If you’ve been injured through no fault of your own and you are seeking legal compensation through the courts, you may find yourself in a difficult financial situation. Injuries you sustained as a result of another’s carelessness may prevent you from working or paying your household and medical expenses. It may take many months – even years – to reach a settlement.

Before the concept of lawsuit funding came into existence, persons who found themselves in this predicament had to rely on credit cards, personal loans, and other means to get by, often facing eviction, foreclosure, and other dire consequences. Statistics show that more than 62% of the funds provided to plaintiffs through lawsuit funding are used to avoid a foreclosure or eviction. In many instances, plaintiffs opted to settle for lesser amounts or were faced to deal with big insurance companies willing to “wait it out.”  Legal funding leveled the playing field, giving litigants the opportunity to endure a lengthy legal process without being pressured to settle by companies or corporations with “deep pockets.”

The American Legal Financing Association (ALFA) was created in 1997 to help alleviate this problem. The ALFA developed standards for the emerging legal funding industry and also acts as a liaison between the general public, government officials, and the news media. Lawsuit funding (also known as litigation financing or pre-settlement funding) has risen from relative obscurity more than 20 years ago to being a commonplace and widely-accepted financial solution for those persons going through lengthy and expensive personal injury legal proceedings. In fact, there are now more than 40,000 funding applications per month that the ALFA reviews for their members.

Since the advent of legal financing, litigants can now take advantage of the many benefits this form of pre-settlement lawsuit funding provides. The money advanced through this process can be used for a variety of purposes, including paying the rent or mortgage, car payments, college tuition, groceries and utilities, and even medical expenses.  Another important benefit is that people who have credit issues are no longer at the mercy of banks and other financial lending institutions, since the funding is based solely on the merits of one’s particular case. Proceeds are advanced based on the anticipated settlement if the plaintiff wins their case. Therefore, plaintiffs in a personal injury lawsuit are not required to fill out any credit applications in order to get a lawsuit cash advance because the funding is NOT considered a loan.

Most importantly, the company issuing the money assumes all of the risks. This is called a “non-recourse” cash advance. Simply put, it means that the plaintiff does NOT have to pay one dime of the cash advance back if they lose their case. Additionally, the plaintiff’s attorney is encouraged to be actively involved in the legal-funding process. They are often consulted to ensure that their client’s interests are best served by a lawsuit cash advance, and that the legal facts of the pending litigation are properly represented.

If you, or someone you know, is facing a lengthy and potentially financially ruinous personal injury lawsuit, then you owe to yourself to investigate the many benefits of pre-settlement funding from Global Injury Funding. Our experienced and compassionate professionals will guide you through the process every step of the way. Our online application process is simple and straightforward. After your application is submitted, our team of legal-funding experts will get right to work evaluating your case. Once approved, you can receive your funding in as little as 24 hours. We can even deposit the funds directly into your checking account.

While we sincerely hope that you never have to use our lawsuit cash advance services, rest assured that we’re standing by in the event that you do.

6 Common Worker’s Compensation Myths

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Unlike other personal injury cases, such as automobile accidents, worker’s compensation claims are a result of an injury sustained while on the job. Oftentimes an employer will refuse to pay a worker’s comp claim. When this happens, the injured employee may decide to seek legal action through a lawsuit to compel their employer to pay for lost wages and medical bills.

Unfortunately, there’s a lot of misinformation out there regarding worker’s compensation laws, rules, and the rights of employees. Here are some common myths regarding worker’s compensation:

Myth #1 – When I file for worker’s compensation, I am suing my employer – Depending on the laws of your state, when you file a worker’s compensation claim you doing so through a state agency, which is not a lawsuit. Most employers carry worker’s compensation insurance which pays out benefits. However, these insurance companies will sometimes try to fight the legitimacy of the employee’s claim making legal action necessary.

Myth #2 – My pain and suffering should be compensated along with my actual injuries – Laws vary from state to state but, generally speaking, many states do not allow compensation for “pain and suffering.” But they do cover worker’s comp benefits for such things as medical treatment, lost wages, the cost of rehabilitation or physical therapy, and longtime or permanent disability payments.

Myth #3 – I just started working at my new job, so I’m not eligible for worker’s comp protection – In most cases, this is not true. The minute you start working for a company that has worker’s compensation insurance, you are covered. Even if you are injured on your first day of work, you can still file a claim.

Myth #4 – I’ll be forced to see a specific doctor picked out by my company ­– Depending on state law, you are not required to see a particular doctor. However, you may be required to choose from a list of doctors covered by your company’s worker’s comp insurance for your initial treatment. Some company worker’s comp insurance plans will allow you to switch between their authorized physicians or be evaluated by your own doctor. Contact your company’s Human Resources Department for more information.

Myth #5 – I can’t be fired when I’m out due to a worker’s comp injury – In many cases, especially if you work in an “at will” state, an employer can terminate you if you can’t work for an extended period of time. Be sure to check your local state laws, review your employee handbook, or consult your business’s Personnel Office to determine their policies as it regards termination.

Myth #6 – I’m an independent contractor, so I can’t sue for worker’s compensation – Depending on the laws of your individual state, if you are an independent contractor and are injured when performing a work-related activity, such as driving a company vehicle on company business, you are covered. You have the right to file a worker’s compensation lawsuit if your company refuses to pay based on your independent contractor status. Check your local laws or consult an attorney who specializes in worker’s comp litigation to determine your specific rights.

The aforementioned information is meant to be only a general rule of thumb when it comes to worker’s compensation claims and lawsuits. It is not an attempt by Global Injury Funding to offer any legal advice. Worker’s compensation laws vary from state to state, so we encourage you to check your state’s legal statutes or speak to an attorney who is knowledgeable in this area.

Discover the Benefits of a Lawsuit Cash Advance
If you are a plaintiff in worker’s compensation lawsuit, it may take months – or even years – to settle your claim. The length of time it takes will depend on the specifics of your case. If you find yourself in this situation, you may not be able to pay for household expenses, your rent or mortgage, medical bills, groceries, schooling, or car payments. A lawsuit cash advance from Global Injury Funding can get you the money you need to get on with your life while waiting for the courts to settle your case.

Here are some of the key “dos and don’ts” of a lawsuit cash advance:

  • It’s not a loan, so you don’t have to worry about a credit check to qualify. Your approval is based entirely on the legal merits of your case.
  • If you don’t win your case, you don’t have to pay the loan back, regardless of the amount. Hard to believe, but true! We shoulder all of the risks and you repay the loan only if you succeed in winning your lawsuit.
  • You don’t have to pay any money upfront. There are no fees and it’s free to apply for a lawsuit cash advance.
  • You don’t have to fill out lots of paperwork or give out personal information. It’s easy to apply for a lawsuit cash advance. You do just fill out a simple form on our website, click “submit,” and you’re done.
  • You do get your money quickly. Once approved for a lawsuit cash advance you can get your money in as little as 24 hours.
  • You do get a guarantee of 100% confidentiality. Rest assured that we do not share your information with anyone. The information you provide is only used by our team of experts to determine if you are eligible.

If you find yourself having to file a worker’s compensation lawsuit, contact us today to learn how we can help you during this difficult time. Our experienced, friendly, and professional staff will guide you through the process every step of the way.

Understanding the Most Common Personal Injury Cases

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We live in dangerous world. While you do your best to be safe, sometimes circumstances beyond your control may cause you or your loved ones pain, injury, and suffering.

If you have been the victim of someone else’s negligence, you have the legal right to financial compensation through the court system. But you may be asking yourself: What are some of the most common types of personal injury cases that would qualify for taking such legal action by filing a personal injury lawsuit?

Here are the five most typical personal injury cases:

  1. Automobile Accidents – This is, by far, the most common type of personal injury case. Unfortunately, millions of people are injured each year in car accidents despite many advances in automobile safety technology. Even seemingly minor accidents can sometimes result in lingering problems which require ongoing medical attention.
  2. Slips and Falls – You could be walking down the grocery aisle and slip on a patch of liquid someone failed to clean up. Or you could be shopping at your local mall and trip on an item that fell off the shelf. You could also be visiting someone in their home and fall as a result of their negligence. These types of accidents are just behind auto accidents as the second-most common cause of accidental death in America.
  3. Workplace Accidents – The workplace is another area where there’s potential for various accidents to occur. Accidents of this type range from slips and falls to malfunctioning equipment. Even if you work in an office environment, someone else’s carelessness could result in long-term or permanent injury.
  4. Medical Malpractice – In spite of the skill and training of medical practitioners and the advanced technology of modern medicine, doctors or other health-care professionals who fail to provide competent medical care can be held liable when a patient is injured. While these cases are often complex, requiring expert testimony and considerable research, they are not uncommon.
  5. Animal Bites – Sometimes an animal such as a dog can appear tame and docile one minute, but turn vicious the next. It’s the responsibility of the animal’s owner to ensure the safety of others when they come into contact with their pet. This is especially true if the pet’s owner knows that there is a history of biting in the past.

These are just some of the many different types of personal injury cases which do occur. If you or a loved one are injured as a result of someone else’s negligence and you do file a lawsuit for financial compensation, you may find yourself waiting a long time for your case to be resolved in a court of law. The length of time it takes for a legal claim to be settled varies from case to case. But oftentimes you may wait months or longer before you finally get your money when you finally win your case. In the meantime, you may be unable to pay for household expenses or medical bills because you are unable to work.

If you find yourself in this unfortunate type of situation through no fault of your own, a lawsuit cash advance from Global Injury Funding can help give you peace of mind by providing the funds you need to help pay the bills while you wait for your case to be settled. Here are some key reasons why a lawsuit cash advance may be right for you:

  • A lawsuit cash advance is NOT a loan. Therefore you do not need to fill out a credit application and wait for approval since the loan is based entirely on the merits of winning your case.
  • If you do not win your case, you owe nothing, regardless of the amount advanced to you. That’s right. You only have to make payments if you win your case.
  • There are no upfront fees or out-of-pocket expenses.
  • It’s easy to apply. Fill out our simple online form and our team of experts will get to right work evaluating your case. It’s free and there is no obligation to apply.
  • Get your money fast. Once you’re approved for our program you can get your cash advance in as little as 24 hours.
  • It’s 100% confidential.

We’re here to help. If you have filed, or will be filing, a personal injury lawsuit for whatever reason and need cash now, contact us today. Our experienced and compassionate team of professionals will walk you through every step of the process.

To find out if a lawsuit cash advance is right for you, call us at 1-800-980-2278.

 

Why People Acquire Lawsuit Cash Advances

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Being the victim of an accident through no fault of your own can be very stressful; especially when it comes to the impact such an unfortunate event has on your life and the lives of your loved ones.

Many people turn to lawsuit cash advances, also known as pre-settlement lawsuit funding, to help them through this difficult and challenging time. As the name implies, lawsuit cash advance provides you with an advance on the money you will receive once your case is settled. It is not a loan and best of all, you don’t have to pay the money back if you do not win your personal injury lawsuit.

There are a number of reasons why people decide to obtain a lawsuit cash advance. Here are some examples:

To pay bills and household expenses – It’s not uncommon for injuries sustained in an accident to affect your ability to work. If that’s the case, a lawsuit cash advance can help your pay your rent, mortgage, car payment, groceries, utilities, and other bills so you can get on with your life.

To pay medical bills – Even with co-pays and insurance, medical bills and out-of-pocket expenses do pile up quickly. This is especially true if injuries are severe enough to require hospitalization and lengthy rehabilitation.

To pay for funeral costs – Nobody likes to think about arranging and paying for a funeral, but unfortunately some accidents do result in loss of life. We certainly hope that this never happens to a member of your family. But if it tragically does, a lawsuit cash advance can let you focus on celebrating the life of a loved one without worrying about the financial details.

To help with car repairs, car rental, or replacement – If you’re involved in a vehicular accident and your car is severely damaged or totaled, you want to get back on the road as quickly as possible. A lawsuit cash advance can help you with car repairs, rental-car fees, or even to buy a new car while you wait for your case to settle.

These are just some of the many reasons why people just like you decide to obtain a lawsuit cash advance. If you find yourself having to file a personal-injury lawsuit due to the negligence of someone else, a lawsuit cash advance may be the right thing for you.

We care about you!
Our caring and compassionate staff at Global Injury Funding is here to help you every step of the way. It all begins by filling out a simple online application. Our experienced legal team will evaluate the merits of your case, consult with your attorney, and determine if you are eligible for a lawsuit cash advance. If you are, you can get cash in as little as 24 hours. We can even deposit the funds directly into your checking account. Because a lawsuit cash advance isn’t a loan, there’s no credit check or upfront fees. And remember, if you don’t win your case, you owe us nothing, regardless of the amount.

For more information, or to get started, contact us today at 800-980-2278.

Understanding the Differences Between Lawsuit Cash Advances and Loans

ThinkingAboutMoney

If you are a plaintiff in a personal injury case, you already have a lot on your mind. If your injury prevents you from earning an income, you may be concerned about paying bills or expenses during the course of the litigation.

“Lawsuit Cash Advances” are becoming an increasingly popular and widespread way for people such as you who find themselves in this difficult situation to receive much-needed cash before their case is settled. But there’s also some confusion about the difference between a lawsuit cash advance and a loan. After all, the idea of getting cash with “no strings attached” can sound too good to be true. So we’d like to explain the differences between lawsuit cash advances and loans.

  • A lawsuit cash advance is NOT a loan. You are actually taking an “advance” on all, or a portion of, the anticipated cash award you’ll receive if you win your case.
  • If you do not win your case, you do NOT have to pay the money back, regardless of the amount you receive. This is perhaps the most an important difference between a lawsuit cash advance (also known as a “non-recourse” cash advance) and a loan. If we determine that you are eligible for a lawsuit cash advance based on the legal merits of your case (in other words, how likely it is that you will win), then we will advance you the amount of money we anticipate you will get when the case is settled in your favor. We shoulder all of the risk and only get our money at the end of the litigation process if you win your case.
  • You do not pay interest in a lawsuit cash advance. Since the cash advance is not a loan, no interest is charged on the amount of money you receive.
  • Unlike a loan, there are no monthly payments or up-front fees to worry about. Additionally, there is no cost or obligation to apply for a free evaluation of your specific case.
  • Unlike applying for a loan, there is NO credit check for a lawsuit cash advance, nor does it affect your credit score, since eligibility is determined solely on the merits of your case.
  • Getting approved for a loan takes time. But once you’re approved for a lawsuit cash advance, you can usually get your money within 24 hours.
  • Loan applications can be complicated, requiring you to disclose personal information. Applying for a lawsuit cash advance is straightforward and 100% confidential. Just fill out a simple online form, answer a few questions about your case, and we’ll take it from there.

These are just some of the key differences between a loan and a lawsuit cash advance from Global Injury Funding. If you think that you, a friend, or loved on can benefit from the financial peace-of-mind that a lawsuit cash advance provides, please contact us. Our caring, professional, and courteous staff will be there every step of the way to assist you and answer all your questions. Call us today at 800-980-2278.

 

Top 5 Benefits of Pre-Settlement Lawsuit Funding

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Unfortunately, accidents do happen.
We certainly hope that you or a loved one never have to go through all the hassles, worry, pain, and suffering of an accident or injury caused by someone else’s negligence. However, if you’re involved in an accident through no fault of your own; whether on the road, in the workplace, at the grocery store, or the shopping mall, you’re not alone, and we’re here to help.

The money you need – when you need it.
You may suffer a loss of income due to injuries severe enough to prevent you from working. Because of this, one of the first concerns you may have is: “How will I pay my bills and support my family during the time it takes to settle my case?”

The answer is: Pre-settlement lawsuit funding. What is it? Put simply, once we accept your case, we will pay you your settlement money, in advance, with no strings attached!

Here are the top 5 benefits of a pre-settlement lawsuit cash advance from Global Injury Funding:

  1. It’s not a loan. There’s no credit check involved. We work with your attorney and determine if you qualify for funding based entirely on the legal merits of your case.
  2. If you don’t win your case, you owe nothing. Hard to believe, but true! If you do not win your case, you do not have to pay one penny back, regardless of the amount funded to you.
  3. It’s easy to apply. We know you have a lot on your mind, so we make the process simple. Just fill out a quick online application and we’ll get to work evaluating your case right away.
  4. You’ll get peace of mind. It’s common for personal injury cases to take months to go through the courts. With a pre-settlement cash advance, you can continue to pay your bills and have the money you need without feeling pressured by the insurance company to settle for less.
  5. Get cash in as little as 24 hours. Why wait for your money? Once you are approved for pre-settlement funding, we’ll arrange to send you a check or electronically transfer funds directly into your checking account.

When you add it all up, these and the many other benefits of pre-settlement funding from Global Injury Funding just make sense. It’s easy. It’s fast. It’s affordable. And our friendly, caring staff will walk you through the process, step by step.

For more information, or to get started with your lawsuit funding, contact us at Global Injury Funding today.

Categories : Pre Settlement

What Happens if My Personal Injury Case Takes a Long Time to Resolve?

When a traffic accident results in a personal injury case, you could find yourself waiting for months, and even years, for your case to either settle or go to trial. During this time, you might find yourself dealing with financial issues. A process called lawsuit funding could help you get through and help you to afford to keep paying for your legal assistance during this time. During your case, you might spend months dealing with certain processes within the legal system.

Right after the accident, you are evaluated and treated. The insurance company receives this information, as well as the potential costs associated with it. During treatment, the doctors will decide if the injuries are temporary or permanent. This process can take a year or more, depending on the severity of the accident. Cooperating during this process will help your case.

Attorneys keep in contact during the treatment phase, gathering evidence towards the case. Once a doctor can provide a full evaluation of the injuries and prognosis, the attorney can submit the case. At this point, the case goes into discovery, which can last 6 months or longer. This is where all the medical evidence, traffic reports, and bills come into play. In addition, you might have to make sworn statements during a deposition.

The case will go into mediation, which will last until an agreement is made or one of the parties decides to go to trial. In many cases, mediation ends in a settlement. However, it may not. If the case goes to trial, a jury will decide what type of settlement you will get. Just to get scheduled on a docket, you might have to wait six months or more. The trial itself could last two days to two weeks; even then, it may not end there. After the trial, appeals can be made, or you might be offered another settlement, which stops the appeals process.

When hiring a lawyer for your case, you will have to ask many questions during the consultation to determine whether he or she is a good fit. Always ask about time frames and what his or her professional opinion is. Inquire about caseload to make sure he or she has time to help your case get to trial as fast as possible. In addition, do not forget to find out how outstanding medical bills are paid.

With how long a personal injury case can take, you might want to consider a lawsuit advance to cover expenses during this time. This advance depends on the specific details of your case. However, you will not have to worry about paying the amount back until you receive your settlement. If you feel this type of financing is right for you, completing the process is not hard.

To receive pre-settlement lawsuit funding, you will have to fill out an online application. The finance company will then ask for all relevant documents and contact your lawyer. If approved, you and your attorney will have to sign some forms. These forms include a repayment agreement and privacy notices. After receiving the agreement, the finance company then forwards your funds to you.

For more information on lawsuit funding, contact us at Global Injury Funding.

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Photo courtesy of renjith krishnan @ freedigitalphotos.net

Categories : Personal Injury

Worker’s Comp Cases vs. Injury Cases

When you are trying to get legal funding, the type of case that you have and how strong it is plays a major part in whether you get approved. Two types of cases that take a long time to settle are worker’s comp cases and injury cases. Due to the lengthy process and the often high payouts on these cases, petitioners (the persons requesting the cases) can get loans on the payouts.

Understanding Worker’s Comp Lawsuits

Worker’s comp cases involve employers and employees. Usually an employee will have been injured on the job and denied compensation. This compensation is called worker’s compensation. Employers have to compensate employees who were injured on the job, as long as it was an accident and the employee was not impaired. However, in many cases, employers refuse to compensate the employee, forcing the employee to enter a lawsuit.

Employers often try very hard to avoid paying the worker’s compensation. Even when the lawsuit is entered, the employer will likely fight it. The process is long and drawn out, at times, forcing the employee to either settle or get a loan to keep going to court until the lawsuit is won. This takes both time and money, which is why lawsuit loans are so popular.

The lawsuit loan allows you to borrow against the expected settlement. The lawyer often knows about how much the settlement will be, because they will ask for a certain amount in the suit. This amount includes lost wages, medical bills, and pain and suffering. If you have a strong case, you can finance your legal fees and borrow against the settlement. These loans work the same way in injury cases, which are different from worker’s comp cases.

Understanding Injury Lawsuits

Injury cases also involve two parties, but the petitioner is the person injured, and the respondent is the person, business, or entity that caused the injury. For example, if you slip and fall in a store, and it’s obvious on tape that the store is at fault, you can sue for your injuries. This would make the store the respondent to the lawsuit.

With injury cases, you can sue for medical bills, lost wages, and pain and suffering. The greater the injury, the larger your case is. Usually these cases settle outside of a courtroom. Most businesses, and home and car owners, carry insurance that pays out when the case settles. However, it is possible for the petitioner to sue for an amount above and beyond what the insurance covers. When this happens, the case usually goes to court.

Worker’s comp and injury cases are somewhat similar. Both involve a person creating a lawsuit over injuries. In a worker’s comp cases, the petitioner is an employee who was injured. In injury cases, the petitioner is a person who was injured due to another person’s fault. Car accidents are the most common type of injury case. Both types of cases usually settle, but they can go to court when neither party can agree to compensation. When this happens, the petitioner usually has to finance the legal fees in order to fight for their money.

For more information about lawsuit loans, contact us at Global Injury Funding.

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Photo courtesy of Lenara Verle @ flickr.com

Categories : Personal Injury

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