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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.

Lawsuit Funding Example In DUI Case Settlement

todd bower - Wednesday, December 15, 2010

An intoxicated truck driver killed 4 people in 2005 and finally, 5 years later, the family of one victim has received a $15 million award on the case. This is a classic example of a case where lawsuit funding can make a big difference for the plaintiff.

As the primary breadwinner for the family, the loss of the deceased's income put financial pressure on his spouse and family. This type of pressure in cases like these very often forces the plaintiff to settle the case early in order to get needed cash to pay living expenses.

But pre-settlement lawsuit funding provides a portion of the settlement today, when it's needed, and allows the plaintiff and their attorney to continue to fight for a full and fair settlement. It is not unusual for final settlements to be 3-5 times larger than early settlement offers.

For this family, they had to wait 5 years for their case to settle and a pre-settlement legal advance very often plays a vital role for the plaintiff in these types of cases. P & T Financial provides litigation financing forvictims in all types of accident cases, including DUI cases.

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