Lawsuit loans can lighten the burden of reckless holiday driving claims

The holidays should be a time spent relaxing with the company of loved ones, but given the driving environment, this time of year can become tragic in an instant. If you or a loved one has been involved in an accident due to another party’s negligence and are in the middle of a pending claim or personal injury lawsuit, a lawsuit loan can be your answer to tough financial strains through the holiday season.

The weather can make for dangerous driving conditions. The icy rain, fog, snow, sleet, and storms can limit visibility and make icy roads even tougher to navigate. Especially since the holiday season brings visitors to climates they are not used to driving in, the holiday weather means more accidents and injuries.

Stress can also contribute to unsafe driving conditions. With holiday celebrations and expensive gift giving, this time of year brings stress to even the most calm. People find themselves pressed for time and distracted while driving, so they are not putting their attention towards being a safe driver. Many stressed drivers are also sleep deprived, which is a known cause for unsafe driving. Busier drivers means more cell phone use while driving, which means even less attention on the road. This is a clear case of negligence that could qualify for a personal injury lawsuit, and a lawsuit loan should be obtained to help cover medical costs.

Alcohol is dangerous for driving any time of the year, but added with stress, weather, and crowds, there is a higher rate of accidents. This is a time of year for celebration, which means more alcohol use, especially with late night driving. The National Center for Statistics and Analysis states that on average, 45% of all fatalities during the Christmas and New Year holiday periods have occurred where at least one of the involved drivers was impaired. This is compared to 30% on any other December day. Drivers should be careful during these holiday periods so that they don’t risk injury, or worse, in a time of year that should be spent enjoyed.

If you are a victim of a negligent driver, the holidays can be a tough time for plaintiffs, as well. The accident may have left you out of work and there are holiday related expenses as well as the usual mortgage, car, medical, and family expenses. A lawsuit loan can get the money immediately so that these expenses can be taken care of. This can ease the financial burden and make the holidays more enjoyable.

About the Author: Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit

Road Map to a Successful Lawsuit with a Lawsuit Loan

Without preparation, a worthy lawsuit that could garner thousands for a deserving plaintiff could peter out when the plaintiff can no longer afford to pursue their claim. To use an analogy: if you were planning on taking a road trip across the country, one of the first considerations you would have would be how much gas you would need and how much it would cost. If your car needed repairs to make the trek, you would plan to have those made before you took off. These are all simple measures that we take to plan ahead, so that we don’t end up stranded on the side of the road, unable to ever reach our end destination.

Same logic should apply to your lawsuit. A lawsuit, even a worthy one with strong liability and clear damages, can and will take a toll on the plaintiff. Insurance companies will not only use their financial power to delay your settlement, but they will also try to break your resolve and catch you off your guard. Anything you say, even offhand or online, can be used against you in your case. Emotionally, mentally and financially, plaintiffs are brought to the brink so that they will settle early for less. Winning a fair settlement is like a cross-country road trip: a plaintiff needs to prepare themselves mentally and financially. By acquiring a pre-settlement loan, a plaintiff is taking the necessary measures to ensure that they can and will fight until they receive the best settlement amount possible. There could be delays, negotiations, and appeals that are par for the course with a lawsuit. For most plaintiffs, their finances are strained by the added pressure of lost wages or injuries. A lawsuit loan provides immediate financial relief and a way to solve short-term problems, while looking towards your long-term goals.

A pre-settlement loan, often referred to as a lawsuit loan, is unlike a traditional loan where an applicant would put up their house or other assets up as collateral. In the case of a pre-settlement loan, the lawsuit settlement itself serves as the collateral for the creditor. A lawsuit loan company will be looking to invest in you and your case, hoping that, with additional support, a plaintiff and their legal team can negotiate from the best possible vantage point. Ultimately, it comes down to planning. For plaintiffs who plan to pursue the best possible outcome, a lawsuit loan is a simple solution.

About the Author: Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit

Who should consider a lawsuit loan?

Lawsuit loans are often sought by the plaintiff of an ongoing lawsuit. When answering the question as to who exactly should consider a lawsuit loan, the answer is simply any plaintiff. However, there are certain situations in which this specific type of loan has an extra appeal.

Personal injury lawsuit plaintiffs sometimes cannot work because of their injury, and often insurance, if it is even available, is not enough to make ends meet. These plaintiffs have medical bills on top of the usual expenses stacking up, and getting their lawsuit funding sooner rather than later can make paying them easier.

Unemployed plaintiffs have similar reasons to consider a lawsuit loan. Wrongful termination plaintiffs find themselves in the midst of a legal battle and if they haven’t found new employment, the battle is fought without a regular paycheck. The economy is effecting everyone, and even if the unemployment is unrelated to the lawsuit, the legal bills, utilities, car payments, mortgage, and other payments are sure to stack up. In this economic climate, finances get even tighter. Getting a lawsuit loan can provide an answer to these problems.

Plaintiffs who are weary of traditional personal loans can also view lawsuit loans as a realistic alternative. Lawsuit loans are built on the strength of your case, not your financial history. With a personal loan, credit history, employment status, and other financial factors come into play, and based on these, you can be denied. Banks do not take into account the circumstances of the lawsuit. If you are concerned about the time and eligibility necessary for a personal loan, consider a lawsuit loan instead.

Plaintiffs with a family or other financial responsibilities that need to be settled as soon as possible can pay these expenses fast with a lawsuit loan. If a child needs medical attention or if you can’t possibly miss any more payments on your house or car, you don’t have the luxury of waiting until the lawsuit has been settled.

Plaintiffs in a case that drags on find themselves in a court battle that seems endless, not to mention the legal fees that long cases tend to allocate. In a case that is delayed, the plaintiff is left constantly thinking about what their life will be like once the lawsuit is over and they have their settlement, but with a lawsuit loan, you will no longer be left wondering. You can get on with your life, financially speaking, even if you are stuck legally. A lawsuit loan will allow you to hold out for the settlement you deserve.

About the Author: Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit

When is the Right Time to Consider a Lawsuit Loan

Simply knowing that a lawsuit loan is right for you may not be enough; a plaintiff also must know the right time to acquire the assistance of a lawsuit loan company. For many plaintiffs, the temptation of attaining a lawsuit loan immediately upon finding an attorney who will take up the cause of their case might prove too great. It’s easy to see how the temptation of buying a new house or car, taking a much-needed vacation, or treating yourself over the holidays can be an alluring possibility. But plaintiffs should know, and lawsuit loan companies should inform their applicants, that spending their lawsuit cash advance on unnecessary expenses is not in their best interest. How a plaintiff spends their money is indicative of their need, since a lawsuit loan should be utilized in serious financial straits.

If you are a plaintiff wondering whether your own financial situation applies, ask yourselves the following:

1. Has your mounting debt threatened you and your family with eviction or your house with foreclosure? If so, then a lawsuit loan can and should be used to keep you in house and home. With a fast-approval process, a lawsuit loan can allow you to access money immediately to save your house. The lawsuit loan amount will simply be an advance taken out of the projected outcome of your settlement, so both saving your house and continuing your lawsuit are sound investments in your future.

2. Do you have medical expenses that cannot be ignored? Often, an injured plaintiff’s entire lifestyle will be upended after their injury. Hospital bills, in-home care, and physical therapy can cripple a plaintiff’s chances of pursuing their lawsuit to an equitable finish simply because they can no longer put off paying medical expenses. A lawsuit loan can’t change the fact that your life has changed forever because of your injury, but it can get you back on track financially and mentally prepared to fight for a settlement that adequately compensates you for your injuries.

3. Lastly, do you simply feel out of options? Ultimately, your lawsuit lending provider has no real control over how you spend your lawsuit cash advance. But the best candidates for a lawsuit loan are the plaintiffs who have seen their finances dwindle as they pursued their case for weeks, then months, and maybe even years. It is these plaintiffs who need a lawsuit loan when they feel at the end of their rope, who could simply use a little extra time to achieve the best settlement on their case possible.

Fast, simple and ready at the moment you need them most, lawsuit loans are financially responsible solutions to burdensome debt during a lawsuit.

About the Author: Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit