If you are dealing with a boat accident lawsuit in Texas, it is natural to feel overwhelmed. You may have suffered injuries or damages and are now faced with the complicated process of seeking justice. During this time, it can be easy to feel confused or worried about your next steps. At this point, having a dedicated legal team on your side can make a significant difference in your case outcome. If you are considering litigation funding to help cover the costs of your legal battle, it is important to understand how it works and how it can help you pursue your case effectively.

What is Litigation Funding and How Does It Work

Litigation funding is a process that provides financial support to plaintiffs who are involved in legal cases but are unable to afford the high costs associated with litigation. It allows you to pursue your case without having to worry about upfront fees or the financial burden of legal expenses. Instead, a third-party funding company will offer you a loan to help cover the costs of your lawsuit. In return, they may receive a portion of the settlement or award if you win your case.

This can be especially helpful if you are dealing with a boat accident lawsuit where the costs can quickly add up. Medical expenses, property damage, and other associated costs can place a significant financial strain on you and your family. Litigation funding gives you the breathing room to focus on your recovery and the pursuit of justice, without the stress of worrying about how to pay for your legal expenses.

Why Litigation Funding is Important in Boat Accident Cases

Boat accidents in Texas are not uncommon, and they often involve complex legal issues. Whether you were injured due to a collision, a slip or fall on a boat, or another type of boating accident, you may be entitled to compensation. However, pursuing a lawsuit against the responsible parties can be costly. Litigation funding can level the playing field and give you the resources you need to move forward with your case.

- WHAT CLIENTS ARE SAYING -

In June, my wife and I asked our attorney about giving us a loan against any settlement proceeds from our case. He told us that the state bar does not

permit lawyers to participate in the financing of clients. The offer of settlement was very low so the case needed to be filed in court. I called Fast Funds. Within 24 hours, I had entered into an agreement with them, selling a very small portion of the anticipated proceeds to them in exchange for immediate financing. Now my suit is in court and I don't have to worry about money until it's outcome. Thank god for Fast Funds

B.G.

As a result of the advances you have made to our client, we were able to refuse an extremely low settlement offer and take the case to court. We settled the day of the trial for a very generous sum. Had there been no advances by Fast Funds, our client would have had no choice but to accept the inadequate offer since he was in severe debt due to his inability to work. Thank you for your helpful assistance in providing our client with the ability to persevere.

C.F.

I was involved in an accident which took my left leg. I was forced to live homeless for eleven months. Thanks to the Fast Funds people advancing money. I now live in an apartment,I am walking on a prosthetic and otherwise getting my life back together, even though my attorney has not yet settled my lawsuit. I don't know what I would have done for money because the insurance company has offered nothing so far.

A.R.S.

I was involved in an auto accident which caused me to suffer a herniated disc. Because of this injury, I was forced to miss many months of work. I had no income and no place or person to turn to for money. My attorney told me he was unable to help with any financing and the insurance company was refusing to settle the case. I turned to a company called Fast funds. They immediately reviewed my file and took the financial pressure off by providing me with interim financing. I am now able to wait for as long as it takes for my lawyer to achieve a successful result in my case. Without the financial involvement of Fast Funds, I don't know what I would have done.

K.P.

I wanted to thank you for your sensitivity in helping me cope through a very difficult time in my life. Without your help, I would have been unable to pay my rent , forcing my wife and children to be put on the street. I have not been able to return to work and I was tempted to accept the insurance company's very low offer to settle, even though I knew it was not fair or reasonable. You have given me the ability to withstand the financial pressures. Thanks for your help. I will never forget it

C.S.

I have in the past referred clients to Fast Funds Inc., a non-recourse company. The experience of my clients

and my firm were totally positive. Fast Funds was responsive to the clients financial and emotional needs, provided the necessary emergency money and did not interfere in any manner with my handling of the cases. The clients, without my input, negotiated the advance directly with the company. In each case, they were completely satisfied with the final result of the case, including the amount of profit earned by Fast Funds. Non-recourse funding is clearly a valuable tool to the plaintiff's attorney.

M.J.L.

"I am writing to recommend the valuable assistance of the Fast Funds Inc., a company that provided interim funding to financially needy clients. They help to insure that a case will be brought to a successful resolution. A good case in point is when I was offered $75,000.00 for a seriously injured client. Had she not been able to take advantage of the advance financing offered by Fast Funds, I would have been forced to take the money. As it turned out, because my client now had the financial ability to withstand the pressures of time, I tried the case to a jury and received a verdict of $315,000.00.

M.S.D.

It is my belief that non-recourse companies, such as Fast Funds, the company to whom I refer my needy clients, perform an invaluable service to both the client and the attorney. Simply put, it is common knowledge that one of the tools negotiation utilized by insurance companies is time. Offering

considerably less money than the actual case value to a client in desperate need of funds while the case is pending, gives the insurance companies a tremendous advantage. This advantage is minimized and the playing field is leveled when the client has the ability to obtain funds for a minimal portion of the anticipated proceeds. Many times, with no prospects of income, an injured party will settle the case for whatever offer is made.

R.J.F.

One of the key benefits of litigation funding is that it helps you fight for the justice you deserve, even if you do not have the financial means to cover the costs upfront. Without this support, you might feel pressured to settle for less than you deserve, or worse, be forced to abandon your case altogether. Litigation funding allows you to hire the best legal team, obtain expert testimony, gather evidence, and continue your fight for a fair settlement or verdict.

The Process of Applying for Litigation Funding

Applying for litigation funding is relatively straightforward. Once you have a legal team in place to handle your boat accident lawsuit, they can help you apply for funding. The process typically involves an evaluation of your case to determine its merits and potential for success. Funding companies will assess factors such as the strength of your evidence, the potential value of your case, and the likelihood of a favorable outcome.

In most cases, the funding company will not require a credit check or collateral. Instead, they will base their decision on the merits of your case and its potential for success in court. If they agree to provide funding, you will receive a lump sum that can be used to cover your legal costs and any other expenses related to your case. It is important to note that litigation funding is a non-recourse loan, meaning you will not have to repay the loan if you lose your case. If you win, the funding company will take a percentage of the settlement or verdict.

How Litigation Funding Can Improve Your Chances of Success

When you are involved in a boat accident lawsuit, the process can take time. You may be dealing with insurance companies, medical bills, and legal proceedings that can stretch for months or even years. Litigation funding allows you to continue your case without being forced to settle prematurely due to financial pressure. This gives you the time and resources needed to build a strong case, hire expert witnesses, and present compelling evidence to the court.

Having adequate financial backing also allows your attorney to focus on the case without worrying about how to cover the costs of litigation. With litigation funding, your legal team can dedicate their time and attention to your case, helping to ensure the best possible outcome. It levels the playing field between you and the often well-funded defendants, giving you a fair chance to fight for the compensation you deserve.

The Benefits of Litigation Funding for Your Boat Accident Case

Litigation funding offers several benefits for individuals pursuing boat accident lawsuits in Texas. First, it provides you with the financial resources to pursue your case to the fullest extent possible. Second, it removes the stress of upfront costs, allowing you to focus on your recovery and the legal process. Third, it ensures that your legal team can fully invest in your case, giving you the best chance of securing a favorable result.

Another key benefit of litigation funding is that it allows you to maintain control over your case. You are not obligated to settle early or accept a low-ball offer just to avoid legal costs. Instead, you can wait for the right time to settle or proceed to trial, knowing that you have the financial resources to pursue the best outcome.

What to Consider When Choosing Litigation Funding

While litigation funding can be a valuable tool for individuals pursuing boat accident lawsuits, it is important to carefully consider your options before proceeding. Not all litigation funding companies are created equal, and it is important to work with a company that is reputable, transparent, and fair.

Before accepting any funding offer, you should fully understand the terms and conditions. This includes the amount of funding you will receive, the repayment structure, and any fees or interest rates involved. It is also important to understand how the funding company will be compensated if you win your case. By carefully reviewing the terms of the agreement and working with a trusted legal team, you can ensure that the funding process is as smooth and beneficial as possible.

How Our Law Firm Can Help with Your Boat Accident Case

At our law firm, we understand how difficult it can be to navigate the complex process of a boat accident lawsuit. We are here to provide you with the support, resources, and legal expertise you need to pursue your case. Our team is empathetic to your situation and will work closely with you to ensure that you have the best chance of securing a successful outcome.

If you are considering litigation funding to help support your boat accident case, we can guide you through the process. We have experience working with funding companies and can help you find the right financial solution to meet your needs. Our goal is to ensure that you have the resources to fight for the compensation you deserve, whether through a settlement or a trial verdict.

If you are ready to take the next step in your boat accident lawsuit, we are here to help. Contact our office today to discuss your case and learn more about how litigation funding can support your legal journey. Our team is committed to helping you achieve the best possible result, and we are here to provide you with the guidance and resources you need every step of the way.

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Boat Accident

Boat Accident Lawsuits in Texas The Role of Litigation Funding