The father of a young Chicago woman seriously injured in an automobile accident has filed lawsuit against the driver of the vehicle.
Kelsey Ibach, a 25-year-old journalism student at the University of Michigan, and several of her friends were out for a night on the town, visiting several River North nightclubs. In the early hours of the morning, Kelsey’s group decided to call it a night. They were offered a ride home by 28-year-old Robert Cho. According to police, Cho was heavily intoxicated at the time and was not fit to operate a motor vehicle. Cho was apparently driving well over the speed limit when he crashed into a pole and through a fence before finally coming to rest, upside down in a ditch nearly 20 feet from the road.
Cho was uninjured in the crash and allegedly fled the scene on foot immediately after; not even stopping to call emergency services. His passengers, and Ibach in particular, were not so lucky. Ibach suffered a crushed spine and pelvis, broken ribs, a punctured lungs, and a blood clot in her brain. Ibach has been confined to a wheelchair since the accident and must undergo rehab several hours a day.
The Ibach family has filed lawsuit against Cho, as well as two of the clubs he had allegedly visited on the night of the incident, The Mid and Hubbard House. The lawsuit also names the entertainment company whom Cho works for.
Cho has already faced criminal charges stemming from the accident for several traffic related counts as well as for failure to report an accident. It would seem, in the light of such damning evidence, Ibach’s case should be a open and shut affair. Unfortunately, the realities of an auto accident lawsuit are not always cut and dry.
The Ibachs will face a long and costly court battle in order to realize fair compensation for their daughter. Over the course of that battle, expenses will grow and Kelsey’s medical expenses will mount. With the added financial pressure, the Ibachs may be pressured into accepting a settlement offer for far less than they are seeking. Securing Illinois settlement funding could provide the Ibachs with the financial support to keep up their fight and realize a fair recovery.
Illinois Settlement Funding Helps Plaintiffs in their Time of Need
Fair Rate Funding, a national settlement funding company with some of the lowest rates in the industry offers settlement funding to plaintiffs in auto accident lawsuits. Illinois settlement funding provides plaintiffs in civil lawsuits with a cash advance to help them weather the financial hardships associated with court proceedings.
Settlement funding differs from traditional loans in several ways. Where a traditional loan would require incremental payments, settlement funding stipulates that no payments need to be made until a judgment is rendered. And if said judgment goes against the favor of the borrower, they are not required to pay back anything.
Additionally, settlement funding in Illinois and other states, is structured in such a way that factors such as employment history and financial standing, which may keep a plaintiff from securing a personal loan, are not taken into consideration. Rather, the validity of the lawsuit and the likelihood of its success is the only concern.
Settlement funding provides plaintiffs with the financial backing and flexibility to see their case to completion and realize a fair reward. If you are involved in an auto accident lawsuit, consider acquiring Illinois settlement funding from Fair Rate Funding. Court can be a battlefield, and lawsuit funding can provide you with the financial ammunition to fight for your rights.