Legal Specs

Accident Settlements

03 Sep 2006

Automobile accidents, personal injury accidents, slip and fall incidents, and industrial accidents occur every day. Those accidents that result in personal injury or property damage often end up in court as a lawsuit, and accident settlements can run from a few thousand dollars to millions of dollars.

When two or more parties are involved in any type of accident, the victim or victims are entitled to compensation from the party that can be proven liable for the accident. The liable party can be a person, business or government agency. The victim usually contacts an attorney to represent him or her, and the lawyer then contacts the liable party before filing a lawsuit. Some cases are settled without going to court, but if a satisfactory accident settlement cannot be reached, the plaintiff and his or her attorney may decide to go to court where a jury will decide if the defendant is negligent and, if so, how much should be paid to compensate that victim. Reaching out-of-court accident settlements can take weeks or months. Going to court to receive an accident settlement can take months or even years!

The purpose of an accident settlement is to compensate the victim for his or her pain and suffering, to replace property damaged in the accident, and to cover medical expenses, lost wages, physical therapy and other services. While victims wait for accident settlements to be reached, many take advantage of funding companies to receive a lawsuit cash advance against the accident settlement.

LawMax ( www.fundmycase.com) helps plaintiffs seeking accident settlements by providing cash advances months or years before the case settles. Such an advance is only paid back if the plaintiff wins an accident settlement in court or the plaintiff and his or her attorney reach a satisfactory out-of-court accident settlement. Should the plaintiff lose his or her case and fail to reach an accident settlement, the plaintiff owes nothing. Should the plaintiff win in court or reach an accident settlement, the plaintiff's attorney repays the advance plus interest from the proceeds of the accident settlement. There are no monthly payments on the advance. The original advance and all interest are repaid in one payment, and only once an accident settlement has been reached in court or through negotiations with the defendant.

If you are the plaintiff in a personal injury, motor vehicle accident, medical malpractice, wrongful death, product liability, industrial accident or related type of lawsuit, and you need cash now to pay everyday bills, medical bills and other expenses, lawsuit advances against the proceeds of your accident settlements can be an immediate source of cash. Visit www.fundmycase.com to get more information about LawMax and to learn how accident settlement cash advances work. You can apply on line at www.fundmycase.com or call 877-788-CASH.