Personal Injury can formally be defined as an injury that occurs to the emotional status, physical status or mental status of another individual. This is opposed to injury or damages to property; as it directly relates to the individual them self. This personal injury occurs when caused by a negligent act on the part of some other person or persons. These types of accidents and injuries can happen at any time, and are in some instances truly detrimental. In the case that an individual would want to move forward in taking legal action against the negligent party, lawsuit funding or a lawsuit cash advance may be needed to proceed.
What exactly is a personal injury, or what could be seen as such in a court of law? There are several types of injuries that can occur due to the negligence of another. This list may include, but is not limited to:
* Car, bus, truck or motorcycle accidents
* Accidents within a swimming pool
* Toxic or lethal mold
* Accidents occurring due to a railroad, train or train car
* Dog or other pet bites
* Incidents with aviation
* Assault and/or battery
* Occurrences at amusement or animal parks
* Accidents resulting in slips or falls
The list continues on, although the determination as to whether a suit is legally a personal injury, is determined within a legal process. Why is legal funding or a lawsuit loan important when one or more of these instances occur to you or your loved one? There are many costs that are involved with taking a case to court, as well as the injury issues and bills that will re-occur for some time until a suit is settled. It is sometimes also the case that an individual cannot return to work, which may make it difficult for the other partner to financially secure the family. This can lead to a build up of bills, including the possibility of a bankruptcy outcome.
The suit itself may require a large sum of cash to proceed also. With the cost of legal representation, possible trial dates, formal clothing, etc. the costs do add up. Until then, one must also worry about medical bills, doctor’s visits, and the possibility of continued or increased injury or illness.
Lawsuit loans can be an easy solution to moving forward with a case that has harmed you or your family. It never hurts to call a legal funding professional to get an opinion as to which road is best for you. If you do choose to move forward with a lawsuit loan, it takes as little as one to two days to get qualified by a legal funding team. In only having to return the loan after the settlement proceeds, there is nothing to lose.
If you, your spouse, or a family member has recently suffered a personal injury, and wishes to proceed with a legal claim; be informed of your financial options, with lawsuit funding and your personal injury.
Steven Medvin is the Executive Director of SMP Advance Funding, LLC, which provides lawsuit funding to individuals who need a lawsuit loan for pending lawsuits. For more information please visit: https://www.smpadvance.com.
