To help you recovery to your fullest
Personal injury lawsuit funding provides individuals who have been injured with funds to help them recover and to keep their finances from getting out of control. How does personal injury lawsuit funding work? There are a few things you need to know before considering if this type of loan is the best for your lifestyle and needs.
Everything can change in an instant
At the blink of an eye, your life can be changed forever by an injury caused by someone else’s carelessness. Furthermore, according to Wikipedia.com, the definition of a personal injury includes:
Most personal injury claims are based on a theory of negligence. To hold a party or parties legally liable for injuries so damages based upon negligence, four elements must be proved:
- The party had a duty to act reasonably according to the circumstances.
- The party breached the duty.
- The party’s breach of the duty caused you to be harmed.
- You suffered monetary damages due to the harm you suffered when the party breached its duty of care.
When the case goes to court, the amount of compensation for a personal injury depends on how grave the injury is. Rather, serious injuries like broken bones, lost limbs or serious brain damage that result in intense physical pain and suffering receive the highest settlements.
Examples of personal injury cases include:
- Car accidents
- Truck accidents
- Motorcycle accidents
- Pedestrian or cyclist accidents
- Trip/slip and fall and other types of premises liability
- Medical malpractice
- Mesothelioma and asbestos
- Worker’s compensation
- Aviation accidents
- Toxic mold and black mold cases
If you have suffered a personal injury, you will likely have severe injuries and disabilities that result in costly medical bills. Additionally, you will probably be unable to work due to your injuries which will also lead to trouble paying for basic living expenses. Consequently, this leads to an enormous amount of stress.
Furthermore, it can take months or even years for a personal injury case to go to trial. Even if you have the most solid case, it can take a long amount of time before you receive compensation for your pain and suffering.
A Glimmer of Hope
Mayfield Settlement Funding can provide you with funds the same day you complete an application. The purpose of personal injury lawsuit funding is to help you get back on your feet with funds designed to relieve stress related to paying bills.
Finally, if you have been victim of a personal injury and are considering lawsuit funding, Mayfield Settlement Funding can help answer your questions about personal injury lawsuit funding today. Lastly, with lawsuit funding, you do not owe anything if you DO NOT WIN YOUR CASE!