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    Lawsuit Funding
    Author: Alec Schibanoff
    Website: http://www.fundmycase.com/
    Added: Thu, 17 Aug 2006 06:43:01 -0400
    Category: Law
    Printable version | Email | Bookmark

    Accidents are a daily occurrence today, often resulting in personal injury and property damage, as well as loss of wages for individuals and loss of sales revenue for businesses. Victims of accidents are entitled to compensation from the party (either an individual or a business) that can be proven to be negligent or admit negligence. Compensation for personal injury, pain and suffering, medical bills, and lost wages or lost business income sometimes comes directly from the negligent party, and sometimes it is paid by the negligent party’s insurance company (such as automobile or business liability insurance).

    The challenge facing individuals and small businesses involved in such lawsuits, as well as their attorneys, is that it can take months–sometimes even years–for the case to be resolved. Plaintiffs and their attorneys involved in personal injury, automobile accident, product liability, wrongful death, medical malpractice, industrial accident and similar cases, do not receive any compensation until they either reach an out-of-court settlement or win the case in court. And even if they win the case in court, appeals can take months or years, further dragging out the recovery!

    Lawsuit funding provides cash for both plaintiffs and attorneys before a case is settled. Lawsuit funding is the advancing of cash against the future proceeds of the lawsuit. Lawsuit funding advances are non-recourse. This means that such advances only are repaid if the plaintiff wins the case or reaches an out-of-court settlement. If the case is lost or dismissed, the plaintiff keeps the lawsuit fundingadvance and owes nothing to the funding company. To receive a lawsuit funding cash advance, there is no application fee and no up-front costs. And once a lawsuit funding advance is made, there are no monthly payments. The cash advance received through non-recourse lawsuit funding is repaid by the attorney directly from the proceeds of the settlement once the case is resolved.

    Headquartered in New York, LawMax provides lawsuit funding across the United States, serving plaintiffs and their attorneys from Los Angeles to Chicago, San Francisco to Miami, as well as clients throughout Canada and the British Commonwealth.

    LawMax provides lawsuit funding for many types of cases:

    • Automobile (car or motor vehicle) accidents
    • Medical malpractice
    Wrongful Death Settlement
    • Sidewalk and stairway cases
    • Burns and head injuries
    • Construction negligence
    • Slip, trip and fall claims
    • Industrial and premises accidents
    • Appellate litigation
    • Commercial litigation
    • Divorce and inheritance claims

    For individual plaintiffs, lawsuit funding provides cash to pay medical bills and household expenses, as well as to cover lost wages. For some plaintiffs, lawsuit funding is the difference between survival and living on the street! For small businesses, lawsuit funding may be the difference between staying in business and filing for bankruptcy!

    In addition, once a plaintiff has taken advantage of lawsuit funding, the pressure to accept an initial “low-ball” offer from the defendant is diminished. That gives the victim’s attorney the opportunity to develop the case, negotiating from strength so he or she can receive a fairer settlement for the plaintiff.

    Visit www.fundmycase.com to learn more about LawMax and the many lawsuit funding services they offer. When applying for lawsuit funding from LawMax, there is no credit check or employment verification, since qualifying for a lawsuit funding cash advance is based solely on the projected outcome of the lawsuit and the merits of the plaintiff’s case.

    Lawsuit funding from Law Max provides cash to lawsuit plaintiffs on the front end, and results in larger, fairer settlements on the back end!

    View all Alec Schibanoff's articles


    About the Author:
    Alec is a well known author and has been writing content for Lawsuit Advances as a Loan service to fight your legal case for so many years. His content is worth reading as it gives you an insight about different aspects of availing this service. For more information visit "www.fundmycase.com"

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