A young man was seriously injured in an auto accident in Argyle, New York which took place at the CR-49 and ST-40 intersection recently. A car driven by a 17 year old ran a stop sign and drove into the path of a Jeep Wrangler.
The driver reacted quickly and narrowly missed a collision with the auto. However, the vehicle drove into a ditch and crashed into a wall which caused it to roll onto its roof. Fortunately, the driver and his front seat passenger were belted up so they only encountered minor injuries. The passenger in the back was not so lucky because the seat belt was unbuckled. As a consequence, he suffered serious head injuries and is now lying in hospital critically injured at the Albany Medical Center.
An important issue is why the driver of the auto pulled out when there was traffic in the road. This is reckless driving as the driver was not paying due care and attention to current road conditions. It is the responsibility of all drivers of vehicles to yield at a stop sign and failing to do so could well cause a serious accident.
Uncovering the issue of fault is always important because under the American legal system, victims of negligence are entitled to monetary compensation. In fact, entire industries have evolved from this right. Without it, there would be no personal injury attorneys, less property and casualty insurance, less civil courthouse workers, etc.
More importantly however, is the victims’ current conditions. This unfortunate victim is critically injured. But many others will also contend with debilitating injuries. There remedy is often to file a personal injury lawsuit against the at fault party.
But personal injury lawsuits take time to reach a settlement. Sometimes years pass before the case can be successfully negotiated. Meanwhile, plaintiffs must still contend with medical costs, loss of working capacity and daily living expenses. Because of the mounting financial pressure, many plaintiffs are forced to accept “low ball” settlement offers simply to ease the immediate burden.
Lawsuit Funding to the Rescue
The lawsuit funding industry specializes in the advancing of money now, before the lawsuit is settled. Settlement funding companies offer immediate cash in exchange for a portion of the case’s settlement. This offering is often exactly what litigants need – the staying power to wait for a fair settlement.
Settlement loans, as they are sometimes called, are designed as a purchase of the future proceeds of the lawsuit. As such, they are NOT loans. This is important because if the lawsuit is unsuccessful, they advance in NOT repaid. Lawsuit funding then, is a no risk proposition for clients who need cash now, before their case settles.
Lawsuit funding cash can be used at the client’s discretion. There are absolutely no restrictions on how the money is spent.
Better still, anyone with a pending lawsuit can apply for lawsuit settlement loans. There are no credit checks and no upfront application costs whatsoever.
