Settlement Cash Advance Industry Is Not So Bad After All

Auto accidents are devastating experiences Not only can they
cause physical damage and mental stress for those injured, they
can also have a tendency to induce long term financial hardships
if the person injured in an accident is the sole wage earner of
a family In most cases the injured party is at no fault and
does not deserve to go through the uninvited financial troubles
Well as they say reality bites
One evening I was returning home from a community gathering and
was stopped at a red light When the signal turned green I
started accelerating Suddenly I saw two bright lights
approaching me on the driver side I then felt a jerk and heard
a loud crash
The next thing I remember is that I was in the hospital and my
wife and kids were standing by my bed Apparently a drunk driver
had run the red-light signal and crashed into my car What was
to follow was pretty devastating
Apparently I had been unconscious in ICU for two days I had
multiple fractures on my left arm and leg and had a broken
clavicle My face had several deep cuts resulting from shards of
glass that had hit me from the broken driver side window
The doctors told me that I would have to stay in the hospital
for the next three weeks and that I would not be able to work
for the next 10 months since I am a construction worker This
was a bad news to me since I had to support my family I had
savings to keep me going for a few months, but 10 months was a
hill that I was not prepared to climb As destiny had to rub
more salt on my wounds, some medical complications arose and I
ended up not working for almost 15 months
During this time I luckily hired a good personal injury attorney
who said he would ultimately get me the kind of settlement I
deserved for my personal injury accident claim However these
cases take time, and I knew that my savings would not last
forever I did not have a good insurance carrier, so I knew that
I would not only have to support my family — I would also have
to pay a huge part of my medical bills It wasn’t long before my
savings were depleted and I was in distress I needed cash
My personal injury attorney mentioned that one possible option
for me to explore might be the lawsuit cash advance industry He
made it clear that this was an expensive option The lawsuit
cash advance industry is an industry made up of companies that
provide cash advances to lawsuit plaintiffs when no other
funding is available The rates the lawsuit cash advance
companies charge are quite high due to the fact that they only
recover money they advance if a case is won If a personal
injury case is lost, then the lawsuit cash advance company loses
all the money it has advanced
After considering all my options, I decided to search on the
Internet for a company that might provide me with enough of a
cash advance to pay my medical bills and keep my family afloat
until my personal injury accident case settled After weeding
out several bad ones I stumbled upon the website of Lawsuit Cash
Advance LLC (wwwlawsuitcashadvance
com), a Minneapolis based company and decided to call them
When I called Lawsuit Cash Advance, LLC and spoke to a customer
representative, I was taken by surprise Rather than trying to
hard sell me, she told me that this was an expensive option that
should be considered only if I had exhausted all other
resources She explained the whole process to me and advised me
to only apply for the amount of cash advance I really needed It
began to dawn on me that while applying for a lawsuit cash
advance might be an fairly expensive way to get the immediate
cash I needed, I nevertheless felt that I was in good hands
Applying for a lawsuit cash advance was simple All I had to do
was fax the police report along with other accident- and
medical-related reports to them and sign the agreements The
whole process took two days I must credit my attorney for
working with me on every step of the process and making this
happen If he had not sent the documents in a timely manner the
process could have taken a long time By the third day the money
had been directly deposited into my account and I could breathe
a sigh of relief
Although choosing to apply for a lawsuit cash advance was bit
expensive, doing so allowed me to avoid succumbing to any
out-of-the court deals that would have left me with much less
money than I deserved I was also able to go through the whole
settlement process without much pressure
All in all my experience with Lawsuit Cash Advance, LLC was a
positive one When exploring an option such as this, I think the
best strategy is to apply for a sensible amount and not go
overboard

Tags | attorney, broken, carrier, driver, financial, insurance, medical, personal, reality, result, signal, stress