A wrongful death lawsuit can financially devastate an individual, spouse or family, without the proper lawsuit funding to proceed with a case. It is often the situation that a family conclusively settles for far less than the wrongful death is worth financially and emotionally, for the remaining family members. There are several factors that determine a wrongful death, but consulting an attorney regarding laws, regulations and funding information is always in the best interest of the victim’s family or spouse.
What types of wrongful deaths may require pre-settlement funding? A victim’s family may have suffered a family member’s death with respects to: a defective product, medical misdiagnosis, a drunk driver or even an explosion. There are several additional causes of wrongful death, that can be discussed with a lawyer. Each case is different, and is be treated as such, respectively.
The bottom line is that the family or spouse left behind from such a tragedy, not only may suffer financially, but also emotionally. Considering the loss of a companion is a price-indefinite due. Also, if that individual was the head of household, their death may result in foreclosure of a home, loss of vehicle(s), incredible loss of monthly income or lack of proper childcare services.
The immediate funding necessary to complete a formal funeral in itself can also be quite pricey. Remaining medical bills can also lead to a pile of stress, due to collectors consistently calling and mailing information about amounts due. This is not fault of the loved one’s family, but an unfortunate situation they are, in turn, left with.
Legal Funding is an easy way in which to alleviate stress both financially and emotionally after the wrongful loss of a loved one. By calling a legal funding expert, an individual can apply for pre-settlement cash loan that is determined by calculating an estimation of the settlement amount. A portion of that amount is then given to the family seeking retribution for their loved one(s). Getting approved for legal funding can take as little as twenty-four hours, and having the cash in hand can be just as quick.
What are the risks of applying for a lawsuit cash advance? None. Legal funding experts will analyze your specific case, and listen to any information you wish to declare. They will determine how much your settlement will deliver, and give you a portion of that cash as soon as possible. Stresses can be greatly minimized by having the proper funding to distribute to your attorney or legal representative, along with paying all current funds due.
When your case is won, the money can easily be returned to the funding company, along with a fee for the lawsuit loan company. Legal funding is often recommended with respects to wrongful death suits so that family or spouses can pursue what is rightfully due to them. In only having to repay lawsuit funding if you win the wrongful death case, what do you have to lose?
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: http://www.smpadvance.com