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Lawsuit Funding Helps Plaintiffs Pursue The Full Value Of Their Lawsuit

This blog provides helpful information and perspective for people with a personal injury, medical, or workplace lawsuit in progress that need cash today. You don't need to settle your case prematurely, for less than it's worth, just to get cash to cover expenses.

$65M Auto Accident Award Demonstrates Need For Lawsuit Funding

todd bower - Monday, August 23, 2010

A Florida Court of Appeals has upheld a $65 million verdict resulting from a 2007 automobile crash. The victim was driving her car when a truck driven by an employee of Bynum Transport Inc., made a left turn into the driver’s side of the victim’s car.


The victim received severe injuries and, even with long-term therapy, is unlikely to make a complete recovery. She requires 24/7 care and needs assistance with all of the basic activities of life.


It took three years for the victim in this case to finally settle in a robustly defended action. During this time, the victim accrued major medical bills and was unable to work.


This is a perfect example of what lawsuit funding can do for the plaintiff. During the three years of litigation, pre-settlement legal funding can provide the victim the cash needed to pay for medical and living expenses. Without this advance legal funding, the victim likely would have to settle for a fraction of the amount just to get needed cash to pay bills.


As is often the case with lawsuit funding, the higher case settlement provides both the victim and the attorney with greater cash settlements than would be achieved without the pre-settlement funding.

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