It is estimated that 6 million Americans are involved in car accidents every year. That’s about 1-in-20 Americans a year in the United States. With the odds this high of becoming a victim of a car accident, there is potential for a lot of pain and suffering. A major roadblock in easing this pain and suffering is the lengthy delays in legal proceedings.
Although about 96 percent of personal injury lawsuits are settled before a trial, defendants often use dilatory tactics for leverage. Defendants know that when you are stuck in a situation where you need the money badly to cover basic needs, you may settle for less.
In order to solve this problem, financial specialists like The Legal Funding Group have come up with a way to help victims of car accidents when they need help the most. This solution is a cash advance that provides you with the instant cash you need after an accident. While it may seem like a very risky business to bet on the outcome of personal injury lawsuits, the laws are well-defined and provide strong guideposts for us to predict the outcome of your litigation.
What Can Cash Advances Be Used For?
Your automotive accident cash advance can be used however you’d like. For most accident victims, they need the money for expert medical care immediately after an accident. The difference between medical care at economy rates and having access to the top specialists in the field can be tremendous. It can even mean the difference between being paralyzed for life in a wheelchair or walking again. For some patients, it can even mean the difference between life and death.
You may even need access to instant money for daily living expenses. Home mortgage rules are very strict and can sneak up on you with extremely harsh consequences. It only takes 9 months of missed payments to go into foreclosure. Once your home is in foreclosure, it can be sold and taken by the bank at any time unless you file for bankruptcy. When you file for bankruptcy, however, you risk permanent marks to your credit record, which can immobilize you financially when you apply for a credit card, apply for a second mortgage, or even try to refinance your existing mortgage.
The worst possible outcome is if you are already in bankruptcy. If you are disabled and unable to work after an accident, the bankers will simply take your home after 9 months and leave you with no remedies. It does not matter how much you paid into your home. Whatever money you may have paid is taken by the banks. This makes it very lucrative for them to foreclose on homes quickly when they see that you are vulnerable and injured.
How Does a Case Qualify for a Legal Cash Advance?
In order to obtain a legal cash advance for a car accident, you need to have an attorney representing you in a personal injury lawsuit. Most attorneys are willing to work on contingency in car accident lawsuits. A contingency means that they don’t get paid unless you win. An experienced attorney will be able to settle your case for a fair value that can save you from the risks of going to trial.
Although attorneys try to present car accident cases in a very black and white manner, a lot of facts can be murky and hard to prove. Receiving fair compensation when it is likely that you are a victim and have injuries to prove it is usually enough to win some sympathy from jurors.
Lawsuits can get complicated, however, because the defendants can say that you caused your own injuries at trial. They can allege that you were speeding or did something wrong as well. They will allege this even if they are caught red-handed blowing off a stop sign or speeding well over the limit. For this reason, it is usually better to settle a lawsuit rather than taking even a small risk of losing at trial or having your damages reduced.
Car accident damages can be nullified using a theory called comparative negligence. In a comparative negligence case, both parties were found equally responsible for the accident. If both failed to use their turn signals, for example, and this led to some miscommunication, both parties may be deemed equally at fault. The five states that follow this rule are Alabama, the District of Columbia, Maryland, North Carolina, and Virginia.
Another theory is called contributory negligence. This theory will reduce the damages by whatever percentage of fault is imputed on the victim. It could be 10 percent in a case where the defendant was driving recklessly by blowing off a red light, but the victim also failed to look both ways before entering an intersection, for example. In this case, the calculated damages may be reduced by 10 percent.
Do You Need a Car Accident Cash Advance?
Contact The Legal Funding Group when you need immediate cash advances. Don’t fall victim to those cash advances that are based on your credit and create a duty to pay back the money. Our cash advances are risk-free and more valuable to you in times of emergency. Our approval process requires no credit check and we do not examine your past financial history. Obtain a free assessment of your case today by calling us or filling out our quick and easy online application.