Hit And Run Accident Launches Victim Into Mid Air Reports Litigation Funding Corporation, Michigan
Jul 10, 2012
Southfield, MI (Law Firm Newswire) July 9, 2012 – This nasty hit and run left one teen in serious condition after being flung into the air by a speeding car.
“This accident happened as three teens were walking along the street on their way home. The video footage of the event was particularly chilling, as it showed two of the young men frantically back peddling to get out of the way of the car, as the third teen was hit and tossed into the air. The graphic images galvanized the man’s family to seek legal counsel for their son and to file a personal injury lawsuit, to recover compensation for his multiple injuries,” explained Darren Monroe of Litigation Funding Corporation, Michigan.
The young man was thrown a fair distance and his injuries would likely remain with him for the rest of his life. Head trauma is something that, although silent, may manifest itself in unusual ways, later in life, if not immediately after an accident. Broken bones do heal, but the journey to wellness will be a long one, likely coupled with physical therapy. Bruises and contusions will also heal, but are painful. All of these injuries will need medical care, and that care does not come cheaply.
The health care system in the U.S. is expensive and even something like a broken leg could cost close to $30,000. Any other tests, medications, therapies, regimes or surgeries will tote that bill even higher. How would the family be able to pay for their son’s care, and also keep up to date with their other important bills? The answer would be litigation funding.
Lawsuit funding or a lawsuit loan, is not like a loan one would get at a bank. “In fact,” said Monroe, “you could not get a loan for this kind of a situation from a bank. When applying for pre-settlement funding, you are applying for an emergency loan that covers all major and incidental expenses, until the case is resolved, one way or another – either with a settlement out of court, or by going to trial.
The plaintiff just needs to apply for lawsuit settlement funding, and they may do that by contacting a litigation funding company. Most online companies have websites where information is readily available, as well as the option to call them to find out if legal funding would work for them.
It is not for everyone, but it is worth checking out, as there are a number of benefits for the plaintiff, including no upfront cash is required, no credit check is necessary, the applicant does not need to be working and they do not need to settle early and fast to make an insurance company happy.
To learn more about lawsuit funding and litigation funding, visit http://www.litigationfundingcorp.com/.
Litigation Funding Corporation
29777 Telegraph Road, Suite 1310
Southfield, MI 48034
Call: 1.866.LIT.FUND