June 20, 2010
Settlement Loans: Getting Funded
Fantastic! My case is qualified to receive a lawsuit loan. So What? Most litigants don’t want cases that are merely qualified. They want to know how to receive settlement loans. How does one get from being “qualified” to receiving pre-settlement loans? Ah yes! That is the question.
Lawsuit Funding is an interesting industry. As I search the landscape of cases that may qualify for lawsuit loans, as both a healthcare provider and an attorney, I can assure that most applications submitted for pre-settlement loans fall into the abyss-of-denial. Why?
Quite simply, many individuals seek settlement loans who have virtually no discernible losses. Individuals who are unable to document losses (e.g., injuries, finances, etc.) are not going to obtain funding. As the saying goes, “Period. End of story!”
The process of filing a lawsuit today is quite easy. Nonetheless, there is a vast distance between filing a lawsuit and prevailing in the lawsuit filed. Defendants are likely to disagree with your theory of the case. (If this weren’t so, it is unlikely that the current litigation would be a consideration. Furthermore, the insurances carrier’s coffers are found locked in the absence of persuasive evidence that their insureds are indeed liable for injuries/losses alleged.
If you intend to obtain a pre-settlement loan, remember it’s your responsibility to clearly document what it is that you sustained by way of either loss or injury. Failure to do so will doom a case to failure. Therefore, it is prudent to retain competent legal counsel as you navigate these waters.
Frequently, plaintiffs come to us requesting lawsuit loans in pro se cases. Such cases are those brought by plaintiffs without legal counsel. A key fact to bear in mind when pursuing settlement loans, “No attorney, no funding!” Most lawsuit funding entities are not sufficiently foolish to place hopes of prevailing in the litigation for which funding is sought on the acumen of a pro se litigant.
In Law, the following adage is frequently echoed: “The attorney who represents himself/herself has a fool for a client.” This is generally true for attorneys and almost certainly true for lay-plaintiffs vying against defendants, insurance company defense attorneys et al.
Furthermore, those pursuing lawsuit funding must be prepared to proffer expert witnesses who are both reputable and credible with respect to the issues litigated. It will be necessary to have an individual who can clearly establish the link between the injuries allegedly sustained and the incident involving the plaintiff and the defendant. An example of this is a recent case brought to Legal Settlement Loans. That case involved “toxic mold.” The applicant had obtained an expert’s opinion regarding either the existence of toxic mold or the extent of injuries allegedly sustained.
Getting funded via settlement loans relies principally on these three key factors: (1) retain competent legal counsel; (2) reserve lawsuit loans for cases in which demonstrable injuries exist; and (3) be prepared to produce requisite expert testimony, either by way of reports or depositions/affidavits, to establish a credible nexus between the incident to which injuries are attributed and injuries resulting therefrom.
The vast majority of funding-entities offer virtually no guidance to those who seek settlement loans. However, litigation funding experts work very closely with their clients to assist them in finding the pre-settlement loans that are most applicable to the cases submitted. Additionally, these litigation funding experts will work closely with clients to assist them in finding the funding-entities that have the financing arrangements that are most desirable for the client’s needs. (Additionally, they will assist their clients in obtaining the funding as quickly as possible.)
Remember, it isn’t sufficient to have a case that “qualifies” for a lawsuit loan. As a plaintiff in need of financial assistance immediately, you want one that gets funded.
Do you think a lawsuit settlement loan is right for you? Would you like to learn more about lawsuit funding? Please visit us today and you may apply online for lawsuit funding and learn more about the benefits of settlement loans.
Filed under Loans by Dr. Tom Rhudy
November 23, 2009
If You Have Been Injured As A Result Of Medical Malpractice, Will You Be Eligible For A Lawsuit Loan? (Part 1)
Medical malpractice is responsible for many injuries sustained each year. Additionally, many deaths are attributed medical malpractice annually. These cases are often very expensive to bring against the providers and/or institutions responsible for the malpractice. Therefore, it is necessary, in many instances, to obtain a lawsuit loan to allow the plaintiff to successfully bring such an action.
It is often thought that most medical providers carry malpractice insurance. In fact, many states require physicians and/or surgeons to carry medical malpractice insurance. Unfortunately, many physicians and/or surgeons refuse to carry such insurance, thinking that, in many cases, they will be shielded from having to deal with medical malpractice.
The statute-of-limitations is relatively short in most states for medical malpractice cases. Many reasons are behind the legislation that requires that these claims be brought in a relatively short period of time. However, irrespective of those reasons, it will be necessary for you to work quickly to establish your claim and to obtain requisite information to assist your attorney in bringing such an action. You may anticipate a great deal of resistance in obtaining much of the information that you need from the facility at which the malpractice occurred. (In bringing such an action, it is prudent to retain an attorney who specializes in this area.)
If you intend to file a medical malpractice claim, this is not the time to retain a general-practice attorney. There many nuances involved in the medical malpractice claim, and it is important that you have an attorney who understands that system. Additionally, the records are often quite complex. It is customarily necessary to retain a medical expert who specializes in the specific area out of which the medical malpractice occurred to adequately establish the negligence and to submit your claim to the court.
Simply sustaining an injury as a result of medical procedures is not sufficient to justify bringing a medical malpractice claim. It is essential that you be able to demonstrate that the injury arose as a direct result of the physician’s and/or surgeon’s negligence. To make this determination, it will be necessary to retain a medical expert. To retain a medical expert, it will be necessary, in most instances, to pay that medical expert a retainer-fee. Thus, a lawsuit loan is often beneficial in this aspect of your case.
Another reason that it is necessary for you to retain an attorney who has experience in the area of medical malpractice is the fact that the medical records are intended for their physicians, not lay individuals, to interpret. (The records will ultimately need to be interpreted by an expert in the particular area out of which the malpractice occurred.)
In Part II, we will identify specific elements that must be addressed when pursuing a medical malpractice claim. We’ll also discuss critical elements that will be required to assist you in obtaining that much-needed lawsuit loan to permit you to pursue your claim against the provider.
Are you confused about obtaining a lawsuit loan? Please stop by our site to find out all about the benefits of obtaining lawsuit loans and what they can do for you.
Filed under Loans by Dr. Tom Rhudy
If you’re interested in providing some tips to the abuser on how to avoid in gauging in such conduct, you may wish to share some of the following with them: (1) don’t treat individuals in the manner you think they want to be treated, treat them in the manner they wish to be treated; (2) determine whether there is equal participation with respect to both the initiation and interaction between you and the other individual; and (3) never invade the other individual’s space without first obtaining permission.
It is also important that you avoid standing too closely to employees, as well as engaging in inappropriate touching of those employees without first obtaining their permission. Many individuals will be offended if you do so without first obtaining their permission. In most instances, such conduct would not be deemed appropriate unless you and the other individual had already established a close friendship. Such activities may, and often do, serve as grounds for litigation against the employer. They are also likely to serve as a basis to allow the offended employee to qualify for a lawsuit loan to pursue such an action against the employer.
One must realize that relationships often change over time. It should be borne in mind that simply because behavior was appropriate/acceptable in the past, this does not mean that such conduct would be appropriate at the current time. When relationships change, boundaries also change. If you do not know whether such activity would be deemed appropriate by that employee, you’re always advised to obtain that employees permission prior to engaging in such activity.
If individuals in managerial positions wish to play-it-safe, they are advised to limit their compliments to employees’ performance in the workplace, not on their personal appearance. Additionally, in most cases it is not appropriate to comment on other employees’ attire. Because of the doctrine known as “respondeat superior,” the employer becomes, in many instances, responsible for its employees’ conduct.
You may find a lawsuit loan is just what you need to assist you in pursuing litigation against an employer to bring cessation to such inappropriate conduct in the workplace.
Learn more about obtaining a lawsuit loan. Stop by our site where you can find out all about the benefits of obtaining lawsuit loans and what they can do for you.
Filed under Loans by Dr. Tom Rhudy
Were you aware of the fact that each year, 40,000 Americans lose their lives in car accidents? Review also aware of the fact that insurance carriers fight claimants tooth-and-nail to avoid paying claims to those who have been involved in car accidents. It is this scenario that creates the need to obtain a lawsuit loan in many such instances.
Yes, heavy traffic often does serve as the cause of car accidents. Collisions with commercial vehicles (e.g., tractor-trailers) also frequently occur.
Car accidents are by far the most common source of personal injury lawsuits. Therefore, these cases are ideal for those who seek a lawsuit loan.
Car accidents can result in many types of injuries. Such injuries include broken bones, neck and back injuries, soft tissue damage (e.g., muscles, ligaments, tendons), whiplash, and brain injuries.
Due to the increased dependency on cars for transportation, you’re very likely to be involved in at least one car accident in your lifetime. Car accidents are very stressful situations and need to be handled with both discretion and care for, among other reasons, liability and peace-of-mind purposes.
Of this you may be assured, the insurance carrier will devote untold resources to defend its insured. The insurance carrier is not going to pay your claim without a fight, in almost all instances. It is extremely important that you retain legal counsel as quickly as possible following the car accident.
Your ability to obtain a lawsuit loan will depend, in large part, to your ability to control communications with the insurance company.
It is an unfortunate fact that, prior to retaining an attorney, individuals frequently agreed to meet with an insurance adjuster, and provide statements under oath. Unbeknownst to the claimant, the insurance adjuster is amassing evidence against that claimant to mitigate liability and to find any and all reasons not to pay your claim.
If you want to put the odds in your favor, it is important for you to remain, after car accident. It is beneficial for you take into consideration just what may happen if you are involved in a car accident. This allows you to plan ahead. When you do plan ahead, it is more likely that you will be cognizant of rights and obligations that occur at the time of a car accident. It is vital that you recall that, irrespective of all be as damaging/injuries at the scene, you must notify the police. Failure to obtain a police report militates against the likelihood of either you or your attorney being able to clearly establish liability.
If you’ve been involved in a car accident, a lawsuit loan is very likely to be an instrument that will allow you to survive the months ahead in attempting to collect on your claim.
Learn more about lawsuit loans. Stop by Dr. Tom Rhudy’s site where you can find out all about the benefits of obtaining a lawsuit loan and what it can do for you.
Filed under Loans by Dr. Tom Rhudy
November 12, 2009
Lawsuit Loan: Am I Eligible For A Settlement Loan If I Have Been Involved In A Car Accident? (Part II)
Many wonder whether they can afford to pursue someone who ruins their vehicle and injure then in a car accident. In such situations, a lawsuit loan may prove extremely helpful.
A car accident occurs every 5 seconds in the United States. Yes, they are very common and create more than a mere inconvenience.
It may surprise you to learn that car accidents are the leading cause of death for Americans under the age of 34. In addition to deaths, millions of injuries are caused by them each year.
If you are injured in such an accident, what are your options if you reach an impasse with an insurance adjuster? It is at this stage that many are initially lulled into believing that the other person’s insurance carrier really cares about them and is genuinely concerned that its insured fairly compensates them for their losses.
This all changes very rapidly when the victim encounters an insurance adjuster who gradually begins shifting responsibility to them. If you’re not careful, they will have you paying them for the inconvenience you caused.
The seriousness of injuries resulting from car accidents is increasing, as the number that occur each year. A greater percentage of these cases result in personal injury lawsuits and litigation. Car accidents are emotionally trying, inconvenient and very expensive. A lawsuit loan may provide the financial relief you need to see this thing through to the end.
Tragically, if you are involved in a car accident, you run the risk of being one of 40 thousand Americans who lose their lives each year or one of the millions who sustain personal injuries as a result thereof. That which has become a scene most of us witness during our daily commutes is one of the leading causes of death and injury in the United States.
Through no fault of your own, another driver victimized you, damaging your vehicle and injuring you. Don’t allow yourself to be victimized twice! Fight back with a lawsuit loan. They are available for the asking.
Learn more about your lawsuit loan. Stop by our site where you can find out all about lawsuit loans and what they can do for you.
Filed under Loans by Dr. Tom Rhudy

