A dump truck and four cars blocked the Interstate 85 in an accident that was all due to a negligent driver changing lanes. This accident happened last month in Jamestown, NC, and resulted in closing the highway for more than four hours.
This particular accident took place at 7.30 am and the highway was particularly busy with rush hour traffic and it took more than 3 hours to fully re open the north and southbound lanes.
Fortunately in this multi vehicle accident there were no life-threatening injuries. Three people were taken to hospital for treatment, but there has been no report on the types of injuries they sustained.
It is unlikely the full extent of the victims’ injuries will ever be fully revealed but they could involve long periods of missed work due to recovery and treatment.
Auto accidents often leave victims with life threatening injuries such as, traumatic brain injury, serious spinal injuries or severe internal injuries. Non life threatening injuries such as whiplash are caused by the sudden impact of the vehicles in the collision.
In cases where injuries are serious enough to take time off work and need longer term treatment, victims often consider filing a personal injury lawsuit against the person responsible for the accident. The purpose of a lawsuit like this is to help compensate the victim financially for an accident he or she did not cause.
Lawsuits cannot always be settle in a timely fashion and even though an out of court settlement will most likely take place, it will be necessary for your litigant to furnish accurate details of the injury and recovery time before a settlement can be finalized.
While these steps are taken, litigants often face financial pressures. In many instances, they run out of financial options to ease the burden. Fortunately, lawsuit loans are available in most jurisdictions.
Lawsuit loans, sometimes referred to as lawsuit funding, are financial transactions where a company purchases a portion of the future proceeds of a lawsuit in advance. This provides much needed cash to those in need.
Lawsuit funding transactions are non recourse, which means they are not loans although they are sometimes referred to as lawsuit loans or settlement loans. It also means that in the event the lawsuit is unsuccessful, they advance is not repaid.
