Settlement Loans

August 21, 2014 by PMCESQ

Amusement parks often have safety problems but it is important to ensure the safety of the millions of people every year who ride them for leisure.

Attention to detail is required when inspecting amusement park equipment. Recently, attention was turned to safety in amusement parks when a tree branch fell onto roller coaster tracks causing the derailment of a roller coaster car. This happened at a Six Flags amusement park in Los Angeles a couple of weeks ago. The roller coaster car was in a precarious position for a considerable period of time with its occupants still seated.

According to the county fire department in Los Angeles, four people suffered injury on the Six Flags Magic Mountain Ninja ride.

The International Association of Amusement Attractions & Parks has stated there are 4.3 injuries for every million people who visit a U.S. fixed-site amusement park. The chance of being injured seriously is 1 in 24 million.

These are certainly statistics that indicate serious injury is rare but when a roller coaster car dangles off its track 20 feet in the air, it can be particularly alarming for occupants, onlookers and those who may be thinking of taking a ride at a future date.

Even though statistics indicate it is rare to be seriously injured in an amusement park, if that car had fallen to the ground from a height of 20 feet many of the 22 passengers would be seriously injured. Clearly, their injuries would not be their fault and lawsuits would likely result.

Under premises liability law, it is the duty of the owner of areas used by members of the public to keep them in a safe condition. This includes conducting risk assessments to ensure any potential accident risks are minimized.

Lawsuit Pre Settlement Funding Can Help

As with many accidents, amusement park liability lawsuits can become long, drawn out affairs as a thorough investigation must be conducted as to cause and the victims’ injuries must also be accurately assessed.

While waiting for a lawsuit settlement, victims may find themselves in need of money (funding) to help pay for expenses such as car payments, credit card debt, mortgage or rental payments, utilities, student loans or any other type of expense.

Pre settlement funding is one option for these individuals because provides immediate financial relief to plaintiffs who desperately need it.

The transactions are structures as a purchase of a portion of a future asset. The plaintiff sells a portion of the proceeds of the case and gets the money for the lawsuit immediately.

In return, the plaintiff repays the advance when the case settles, and only if the lawsuit reaches settlement. In other words, if the lawsuit is lost, the pre settlement funding is not repaid. For this reason, lawsuit settlement funding transactions are deemed “non-recourse”.

Any plaintiff who is represented by an attorney can apply for pre settlement funding. There are no credit checks, no upfront costs, and absolutely no restrictions on how the money is used.

Source: https://tukangblog.blg.lt/look/Roller_Coaster_Accident_in_California/Six_Flags_Roller_Coaster_Car_Derails_4_Injured__CNN_com/aHR0cDovL3d3dy5jbm4uY29tLzIwMTQvMDcvMDcvdXMvY2Fs

August 6, 2014 by PMCESQ

The elderly are often seen as vulnerable in our communities as they become more dependent on other people in order to survive. As a result, hundreds die through wrongful deaths, neglect, abuse and even financial fraud when they are put into a nursing home by their relatives.

There are many examples of abuse which often go unnoticed by busy relatives. These include, failure to clean and bathe, allowing bedsores, malnutrition, over medication, wrong medication and falls. Because people are entrusted to provide care, they owe a duty of care to individuals. Any breach of this duty, which results in damages, allows a possible recovery through a negligence lawsuit.

Throughout the US, courts routinely decide lawsuits where a relative finds an elderly family member residing in a nursing home neglected or abused.

Victims’ families should make written notes of the signs of the abuse. Taking photographs of bed sores, poor hygiene conditions, bruising from physical abuse or anything else is always a good idea.

If the neglect is minor then it is worth alerting the manager or owner of the facility. If no improvement takes place or the situation worsens, further action may be required.

If the abuse is physical such as bruising from beating, families should report the matter to the police. If a case of neglect, fraud or sheer abandonment, families can file a nursing home complaint with the State Department of Health Services.

Ultimately, families may be entitled to file a lawsuit for negligence against the nursing home. If a death has taken place a wrongful death lawsuit may also be a possibility.

Most personal injury lawyers work on a contingency fee basis so no upfront legal fees are required as these will be paid out of the lawsuit’s settlement. Many offer a free consultation so clients cannot lose by seeking advice.

Persons who are involved in a lawsuit against a nursing home often find that the lawsuit takes longer than expected to reach settlement. During this time, many litigants are forced to take lower settlement offers because of limited financial resources.

Lawsuit funding exists to help litigants weather the financial storm while waiting for the case to settle. Also known as settlement funding, lawsuit funding contracts are financial transactions where the litigant sells a portion of the future proceeds of the case. The lawsuit “funder” advances money for the lawsuit immediately so it can be used for things such as rent payments, car payments, insurance premium, groceries or any other expense. In fact, there are no restrictions whatsoever on the its use.

Pre settlement loans can be used for anything and no credit checks are required as the lawsuit loan company purchases a portion of the lawsuit settlement in advance. The advance is only repaid if and when the lawsuit settles. If the case is unsuccessful, there is no repayment. Lawsuit funding is non recourse.

June 30, 2014 by Sales

Pre Settlement funding for amusement ride injuries is extremely important. In this case, a family of four has to deal with the agony of a trial while waiting to be compensated. The operator of an amusement park ride in North Carolina is being sued by an injured family in federal court.

The family of 4 is accusing the operator of moving the car they were occupying in an effort to hurry the riders along so the next riders could get on. The operator is denying these allegations and he is saying that he did not tamper with the controls in order to override the safety device which prevents the cars from moving after the ride has come to a complete stop.

The lawsuit against the operator of the ride, the ride’s owners, and the company which brought the ride to the amusement park was filed in April for $150 million. The lawsuit filed states that the family has been enduring the pain and permanent damage caused by the accident for 8 months with no compensation.

The Department of Labor in North Carolina has fined the owner of the ride, as well as the company that brought the ride to the park a total of $100,000. With that being said the point of the lawsuit and the central concern of the family is the question of did the operator tamper with the electric circuitry or not.

Rides, such as the one in question, have a safety device which does not allow power from getting to the ride once it comes to a halt. This is so the passengers can get on and off without the ride moving resulting in them being harmed by sudden movements.

After investigating the ride the Department of Labor said that the owner of the ride ignored the safety device before the ride started operations by modifying the electrical circuitry.

These types of lawsuits fall under premises liability and they can cause the plaintiff to not be compensated at an appropriate time. This is due to multiple parties being involved each of them trying to prove their innocence. In order to do so the defendants must find information that someone else was at fault besides themselves through deposition testimony. Meanwhile the plaintiffs will be consulting with experts to prove negligence on the defendants.

In the midst of the trial the victims are still having to deal with their injuries and the effects they have on their daily lives. Sometimes the victims have to take a leave of absence from their job which will leave them in a financial struggle. When people are stressed about money they will be willing to take any form of compensation even if it is not nearly the amount they should be getting just to make sure they do not lose their cars or their homes. Also these cash advances are only paid back when the case is successfully resolved.

Pre settlement funding for amusement ride injuries can support the victim with their financial struggles. These loans are normally dependent on a personal injury attorney being retained on a contingency fee arrangement.

Pre settlement funding for amusement ride injuries will only be paid back if and when the claim has been settled in favor of the plaintiff. The lender of the loan is very careful to assess the risk of the lawsuit being successful. After such assessment these loans become virtually zero risk as far as the plaintiff is concerned because if the claim is lost they have nothing to pay for.

January 29, 2014 by Sales

In California, a man was transported to Ventura County Medical Center after he was injured as a pedestrian in a bus accident. The accident occurred at 3300 block on Telegraph Road at the Dunning Street intersection.

Generally, when a pedestrian walks on a sidewalk or crosses at a crosswalk, he or she expects to be able travel safely. However, there are times when drivers are not paying attention. There have even been a number of cases in New York City recently where automobiles ran onto crowded sidewalks and injured a large number of pedestrians.

If a pedestrian is negligently struck by a vehicle and suffers severe injuries, it may be possible to file a lawsuit against the person who caused the injury. State negligence laws and the property and casualty insurance industry exist to compensate victims of other people’s negligence. The remedy is usually an award or settlement in the form of money.

Monetary compensation normally considers damages such as lost wages, the cost of medical treatment and an amount for pain and suffering. Some accident victims think that filing a lawsuit will cost them too much money, as there are attorney’s fees to pay.

This concern is normally unfounded because attorneys who represent clients in personal injury lawsuits normally take on a lawsuit on a contingency fee basis. This means the attorney is only paid a fee if and when the lawsuit is successful.

Personal injury plaintiffs, injured as pedestrians or otherwise, may be surprised to find out that lawsuits take time to settle however. In fact, many serious personal injury cases settle years after the accident. Defendants and insurance companies sometimes use this delay to their advantage.

Plaintiffs often find themselves in financial trouble, especially if injuries eliminate or limit their ability to work. Faced with this situation, plaintiffs are sometimes forced to accept “low ball” settlement offers simply because they need money immediately.

Settlement loans designed to eliminate this problem as they are a purchase of PORTION of the future proceeds of the lawsuit. The settlement loan company buys a share of the lawsuit in advance of the settlement. The plaintiff receives immediate cash. Once the lawsuit is over, the company is repaid out of the proceeds, if any.

In the event the lawsuit loses, the settlement loan is not repaid. Nor is the plaintiff liable for its repayment. As such, settlement loans are risk free propositions for plaintiffs who wish to obtain a portion of the settlement right away.

Because settlement loans are no technically “loans”, there are no credit checks. Because clients are already in need of cash, there are no upfront fees to pay. And because the settlement advance is a sale of property rights, there are no restrictions on the money’s use. The settlement loan can be used at the client’s discretion.

Pre Settlement Funding For Roller Coaster Accidents Provides One Financial Option?

Settlement Loans

Lawsuit Pre Settlement Funding Can Help