(1888PressRelease)
July 26, 2006 - Accidents and injuries happen every day, and while these accidents are sometimes the fault of the victim, they are often the result of the negligence or carelessness of others. A victim is entitled to file a lawsuit against the party responsible for the accident and to receive compensation should that party be found negligent by the court. A lawsuit advance is a pre-settlement advance provided by a lawsuit funding company to the plaintiff so he or she can pay their bills, including medical and other expenses. The website www.fundmycase.com belongs to a premier provider of lawsuit financing and lawsuit advances.
A lawsuit advances is a welcome relief to plaintiffs involved in personal injury, slip and fall, product liability, motor vehicle accident, medical malpractice, and other lawsuits in which the plaintiff faces both lost wages and medical bills. The survival of many families rests on successfully acquiring a cash advance against the proceeds of their pending lawsuit until their case settles.
In many cases, the plaintiff has lost time from his or her job due to the accident, or the victim cannot work at all as a result of an injury. Such victims are often not able to make mortgage, rent or car payments, pay medical bills, or cover basic living expenses. LawMax helps a plaintiff cover such expenses with a lawsuit cash advance, giving plaintiff’s attorney time to properly develop the case and receive a fair and satisfactory settlement for the client.
Pre-settlement financing, or a lawsuit advances, is very different from a bank loan. A conventional loan has a term, a defined period of time over which it must be paid back. Lawsuit advances accumulates interest and is paid back in one lump sum when the case settles or when the defendant pays after a verdict. Unlike loans, lawsuit advances are always non-recourse. If the plaintiff loses his or her case, nothing is repaid to the company that made the lawsuit cash advance and the plaintiff gets to keep the money.
In the past, many plaintiffs had to accept small settlements because they needed cash immediately. Lawsuit Advances
###
