The Lowest Rates in Lawsuit Funding and Pre Settlement Loans

1913 Atlantic Avenue, Suite 140, Manasquan, NJ 08736

News

Plaintiff ‘no caused’ in Galveston Texas Pedestrian Accident

A trial court recently reached a verdict in a personal injury action involving a pedestrian and an City truck.  While walking in a private driveway, the plaintiff was struck by the City truck, driven by a police officer, causing severe and permanent injuries.

The trial court disagreed and found for the defendants.

Persons who suffer injury or are otherwise damages by the actions of public entities and/or their employees AND have a case pending under state negligence laws, may be eligible to receive lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share

Fair Rate Funding Secures $5,000,000.00 for Pre-Settlement Loans to Help DePuy Hip Replacement Plaintiffs

Manasquan, NJ (PRWEB) January 20, 2012

Fair Rate Funding, an industry leader in the lawsuit funding business, announces the dedication of $5 million to help plaintiffs involved in Depuy Hip Replacement lawsuits cover some expenses while the action(s) are resolved.

In March, 2009, attorneys filed the first lawsuit in the country on behalf of a patient suffering a revision of a defective DePuy ASR hip implant in the Northern District of California Federal Court (Case No. C 09-01993 JL). In 2010, Johnson and Johnson recalled the product. Since then, thousands of plaintiffs have joined in legal actions against the manufacturer. This increase in complainants, while ultimately offering some relief to the victims, will unfortunately delay the distribution of monetary damages to future plaintiffs.

Fair Rate Funding currently offers pre settlement loans for a wide variety of legal actions, including automobile accidents lawsuits, slip and fall cases, medical and legal malpractice actions, Jones Act cases and many other legal proceedings. With the addition of funds specifically earmarked for DePuy cases, Fair Rate Funding plans to meet the growing need for pre-settlement funding for victims of the DePuy Hip products offered by Johnson and Johnson throughout the last decade.

Paul Coppola, President of Fair Rate Funding indicated an increase in application volume in recent months. “We decided to meet this increasing demand for funding by seeking out additional pools of funds to help these individuals,” Coppola said. “Fair Rate Funding now possesses more than adequate resources to fund DePuy Hip Replacement lawsuits.”

Coppola said that DePuy cases were funded by Fair Rate Funding in the past however, the amount of dollars available was capped at $10,000.00 to $15,000.00. “Because we were able to secure these additional funds, we are able to offer more money on DePuy cases than ever before,” Coppola continued. “Clients may expect approvals up to $50,000.00 in some cases.”

Applicants can apply for pre-settlement funding by calling 888-964-2224 or visiting http://fairratefunding.com. Fair Rate Funding offers lawsuit loans to plaintiffs who qualify. Once the process is completed; clients can expect their money in as little as 12 hours.

Share

Iowa Professor Recommends Regulation for Lawsuit Funding

An Iowa Professor recently published a paper in the Minnesota Law Review calling for appropriate legislation to deal with the growing lawsuit funding business.  The piece discusses the lawsuit funding industry in general and makes some recommendations with regard to the regulation of pre settlement financing as a whole.  More specifically, the author recommends the following:

  • Eliminating the legal prohibition against champerty – the legal doctrine that precludes a party to a lawsuit from transferring his/her/its rights under the lawsuit to another entity.
  • Extending the protections of the attorney-client privilege to include the lawsuit funder in the relationship.
  • Allowing attorneys to work directly with pre settlement loan companies.
  • Mandating the inclusion of consumer protection principles to funding contracts.

While it is unclear whether various state legislators would be willing to spend time and resources on regulating this growing industry, it is evident more and more plaintiffs are utilizing these services to help assist them while their lawsuit is pending.

Persons who suffer injury or are otherwise damaged by others and have a case pending under state or federal laws, may be eligible to receive lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

 

Share

Fair Rate Funding Approves Depuy Hip Replacement Case Advance for $25,000

Fair Rate Funding has recently become more aggressive in the approval of Johnson and Johnson DePuy hip replacement lawsuit loans.  Recently, one applicant was approved for a $25,000 lawsuit cash advance by Fair Rate Funding, a leader in the pre-settlement funding industry.

The applicant, a resident of California, desperately needed immediate cash to relocate due to another job opportunity.  Other funding companies were only able to offer $7,500 as a lawsuit advance.  This amount was insufficient to meet the applicant’s needs.

Not wanting to be a burden on his family and friends, the client sought lawsuit funding from Fair Rate Funding.  After reviewing the requisite paperwork, Fair Rate Funding was able to approve the case for the requested amount, $25,000 thus helping the client get on with his future plans.

Persons who suffer injury or are otherwise damages by defective products and have a case pending under negligence laws such as the Depuy Hip Replacement cases, may be eligible to receive Depuy Hip Replacement lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share

New Jersey Bill Seeks to Limit the Ability of Professionals to Contact Personal Injury Lawsuit Plaintiffs

In a recent Star-Ledger article seen here, a New Jersey legislator proposed a bill requiring state attorneys and other professionals to wait at least 30 days before soliciting accident victims.  Although current NJ laws prohibit the solicitation of accident victims in person for 30 days, the bill would expand the scope of these provisions to include written or other communication on behalf of all New Jersey licensed professionals.

The public policy argument stresses the importance of keeping insurance agents from swooping in on potential lawsuit plaintiffs to secure a quick settlement.  Also, cited is the desire to not tarnish the legal profession in general.

Opponents question the bill’s constitutionality and asserts the state Supreme Court already regulates the advertisement practice of lawyers.

The measure passed the Assembly Judiciary Committee and is expected to be discussed by other New Jersey lawmaking bodies.

Persons who suffer injury or are otherwise damaged by the negligence of others and have a case pending under state negligence laws, may be eligible to receive lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share

Fair Rate Funding Participates in Multiple Assistance Programs This Holiday Season

Manasquan, NJ, December 22, 2011- Fair Rate Funding, a lawsuit funding company, is feeling the holiday spirit as the firm, which specializes in providing immediate cash for litigants, participated in both the Adopt-A-Family program and Toys for Tots this holiday season.

Fair Rate Funding worked with this year’s 2011 Season of Hope – Adopt-a-Family program, located at Healthy Families in Long Branch, New Jersey.  The Adopt-A-Family program allows local donors to provide toys, clothes, coats, and grocery store gift cards for families and their children.  The firm “adopted” two special families this season.

The Adopt-A-Family program is supervised by Maura O’Hara of the Visiting Nurse Association of Central Jersey (VNACJ), a non-profit organization that provides home health care and services to those with short-term and long-term medical needs.  “We can always count on Fair Rate Funding to show support to those in need,” said O’Hara, “their continuous participation in our programs is generous and appreciated.”

Fair Rate Funding also participated in the 6th Annual Toys for Tots Christmas Extravaganza & Toy Drive located in nearby Point Pleasant. The program coordinates the donation of new toys for children and is sponsored by the United States Marine Corps.  Although the donors will not get to see the look on the childrens’ faces when opening the presents Christmas morning, they do know there will be smiles.

“We are grateful to the VNACJ and the Toys for Tots programs for coordinating charitable intentions and doing it so well,” said Paul Coppola, President of Fair Rate Funding.

To donate to Adopt-A-Family you can reach Maura at 732.768.7758.  Toys for Tots can be supported at any Toys for Tots location.

Fair Rate Funding provides legal funding for those involved in civil lawsuits who qualify for financing. They provide immediate funding to meet a client’s needs during the litigation process. The money helps plaintiffs ride out the process long enough to realize a fair recovery.

Share

2008 Explosion Prompts Utah Woman to File Lawsuit Against Oil Company

A woman from Utah filed a lawsuit recently, in the 3rd District Court, against multiple parties for injuries sustained as a result of an explosion in 2008. The accident occurred at a gas station near Salt Lake City.

The woman sustained severe 2nd and 3rd degree burns to her arms, legs and other extremities when a worker negligently filled underground gasoline storage tanks resulting in a fuel explosion and fire.  The plaintiff spent over 10 days in the hospital burn unit and rehab facilities.

The lawsuit alleges negligence in that the defendant(s) did not utilize industry standards in transferring the fuel among other actions/omissions.  The lawsuit is for an unspecified monetary amount.

Persons who suffer injury or are otherwise damaged by the negligence of others and have a case pending, may be eligible to receive lawsuit funding from Fair Rate Funding, a company which offers lawsuit loans to plaintiffs while they wait for the lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share

New York Appellate Division Rules on Personal Injury Lawsuit

On November 22, 2011, the New York Appellate Court published their decision in Johnson v. City of New York where a personal injury lawsuit was summarily dismissed against the City of New York for the loss of an unborn child during a motor vehicle accident with a police car.  The city moved for summary judgment in the Supreme Court, where it was granted.  Plaintiff appealed the decision.  The Appellate Division affirmed the decision in part.

By affirming, the court found there were no triable issues of fact as it pertained to the loss of the unborn child.  However, plaintiff did sustain a fractured leg in the auto accident, which could satisfy New York statutory threshold issues.  That matter, the court opined, should be left for the trier of fact at the Supreme Court level.

Persons who suffer injury or are otherwise damaged by the negligence of municipalities and/or their agents and have a case pending under state negligence laws, may be eligible to receive lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share

Appellate Court Reduces Record Verdict in New York

In Buffalo, a New York Appellate Court reduced a jury award in a personal injury lawsuit in which a woman was left a quadriplegic when a weight machine fell on her.  Plaintiff was injured while using a Cybex machine while conducting physical therapy sessions.  A lawsuit was filed on her behalf alleging manufacture and design defects as well as maintenance issues on the part of the physical therapy center.

The matter went to trial and a jury awarded the plaintiff $66 million in damages.  The defense appealed the award, stating the amount far exceeded any reasonable measure of damages.  The Appellate Court agreed and reduced the award to approximately $45 million.  The award remains among the largest in New York State history.

Persons who suffer injury or are otherwise damaged by defective products and have a case pending under state negligence laws, may be eligible to receive lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share

Gary Busey Sued for Drunken Incident at Tulsa Airport

According to TMZ, actor Gary Busey is being sued for drunkenly battering a woman at an Oklahoma Airport.  The case was filed in California, where the plaintiff resides and essentially alleges that a visibly drunk Busey stormed past the plaintiff in an effort to bypass multiple passengers waiting to board the plane.  Plaintiff alleges severe and permanent injury in the lawsuit.

Busey, through his representative, denied the incident.

Persons who suffer injury or are otherwise damaged by others and have a case pending under state negligence laws, may be eligible to receive lawsuit funding from a company which offers lawsuit loans to plaintiffs while the  lawsuit is being litigated.  The money can be used at the client’s discretion and need not be repaid if the case is unsuccessful.

Share