Boat Accident

Florida Boat Accident Claims: Unlocking the Power of Litigation Funding

Posted on by Fast Funds
Florida Boat Accident Claims Unlocking the Power of Litigation Funding
19
Nov

Florida is known for its beautiful beaches and countless water activities. Boating is a popular pastime in this state, with many residents and tourists enjoying the sunny weather on the water. However, boating accidents are common and can cause severe injuries, expensive medical bills, and long legal battles. People involved in these accidents often face many challenges, especially when it comes to pursuing a legal claim. In such cases, litigation funding can be a helpful tool. This process can provide financial support while you focus on recovering and seeking justice. Understanding how litigation funding works in Florida boat accident claims can make a big difference in your journey to get the compensation you deserve. At, Fast Funds, we are here to guide you through the legal process and help you navigate the complexities of your case.

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Understanding Boat Accidents in Florida

Boating accidents in Florida can happen in various ways. These accidents may involve crashes between boats, collisions with stationary objects, or even accidents caused by rough waters. Many factors contribute to these accidents, including reckless driving, speeding, poor weather conditions, and operating the boat while under the influence of alcohol or drugs. Sometimes, faulty boat equipment or improper maintenance can also play a role in these incidents. No matter how the accident occurs, the consequences can be devastating. People may suffer from serious injuries such as broken bones, head trauma, or even drowning. Additionally, property damage can be extensive, with boats and other belongings often needing costly repairs or replacement.

The aftermath of a boat accident can be overwhelming. Medical bills can pile up quickly, and victims may not be able to work, leading to a loss of income. The physical and emotional pain can also take a toll on a person’s well-being. In many cases, the victims have a legal right to seek compensation from the responsible parties. However, pursuing a claim can be a long and expensive process. This is where litigation funding comes into play, offering financial relief and allowing victims to continue their fight for justice.

What Is Litigation Funding?

Litigation funding is a financial service that provides cash advances to plaintiffs involved in legal disputes. Unlike traditional loans, litigation funding does not require credit checks or monthly payments. Instead, the funding company evaluates the strength of your legal claim. If they believe you have a strong case, they will provide you with the necessary funds to cover your expenses during the legal process. This can include paying for medical bills, living costs, and other financial needs. The best part is that you only have to repay the advance if you win your case. If you do not receive compensation, you do not have to pay back the funds. This makes litigation funding a low-risk option for many people dealing with financial stress after a boat accident.

- 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.

The Benefits of Litigation Funding for Boat Accident Claims

Pursuing a boat accident claim can be costly and time-consuming. Many people do not have the financial resources to cover their expenses while waiting for a settlement. Litigation funding provides several key benefits that can help victims during this challenging time. One of the biggest advantages is that it gives you the financial stability needed to cover immediate expenses. After a boat accident, medical bills can be a major concern. Hospital visits, surgeries, and rehabilitation can be expensive. Without financial help, paying these bills can become difficult. Litigation funding offers a way to pay for these costs without having to worry about immediate repayment. This allows you to focus on recovering and getting back on your feet.

Another benefit is that it allows your attorney more time to build a strong case. When victims are under financial pressure, they may be tempted to accept a low settlement offer just to cover their expenses. However, with the help of litigation funding, you can take the time needed to gather evidence, interview witnesses, and negotiate for a fair settlement. This increases your chances of receiving the compensation you deserve for your injuries and losses.

How Does Litigation Funding Work?

The process of obtaining litigation funding is simple and straightforward. After a boat accident, you and your attorney can decide if this type of financial support is right for your case. If you choose to proceed, the first step is to contact a litigation funding company like Fast Funds. You will need to provide information about your case, including details about the accident, the injuries you suffered, and any legal actions you have taken so far. The company will review this information to determine if your case is eligible for funding. If they approve your request, you will receive a cash advance to help cover your expenses.

It is important to note that the amount you receive will depend on the specifics of your case. The funding company will evaluate factors such as the severity of your injuries, the strength of the evidence, and the potential value of your claim. The advance is not a loan, so you do not have to worry about monthly payments or interest rates. Instead, the funding company will receive a portion of your settlement once your case is resolved. If you do not win your case, you do not owe anything to the company. This way, litigation funding provides a risk-free way to get financial help when you need it most.

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Common Misconceptions About Litigation Funding

Many people have misunderstandings about litigation funding. One common misconception is that it is the same as a traditional loan. However, there are several key differences. For example, unlike traditional loans, litigation funding does not require credit checks or proof of income. This is because the funding is based on the strength of your legal claim, not your financial history. Another misconception is that accepting litigation funding means you will end up paying more money in the long run. While it is true that the funding company will take a portion of your settlement, this amount is often much less than what you would lose by accepting a low settlement offer due to financial pressure.

Some people also worry that litigation funding will interfere with their legal case. However, the funding company does not get involved in the legal process. Your attorney will continue to handle your case, and the funding company will only provide financial support. This allows you to focus on your recovery and your legal battle without additional stress or complications.

The Role of Your Attorney in Securing Litigation Funding

Your attorney plays an important role in the process of securing litigation funding. They will work with you to decide if this type of funding is a good option for your case. If you choose to move forward, your attorney will help gather the necessary information and provide it to the funding company. They will also continue to represent you in your legal case, making sure that your rights are protected and that you receive fair compensation for your injuries. Your attorney’s involvement ensures that the funding process goes smoothly and that you have the financial support needed to pursue your claim.

It is important to have an open and honest conversation with your attorney about your financial situation and your need for litigation funding. They can help you understand the terms of the funding agreement and answer any questions you may have. With their guidance, you can make an informed decision about whether litigation funding is the right choice for you.

Unlocking the Power of Litigation Funding in Florida Boat Accident Claims

In Florida, boat accident claims can be complicated. Determining who is at fault, gathering evidence, and negotiating with insurance companies can be a long and difficult process. Victims often face financial hardships as they try to cover their medical bills and other expenses while waiting for their case to be resolved. Litigation funding provides a solution to these challenges. By offering financial support without the burden of monthly payments or credit checks, it helps victims focus on their recovery and legal battle. This can make a significant difference in the outcome of your case, allowing you to get the full compensation you deserve for your injuries and losses.

With the financial support provided by litigation funding, you do not have to settle for less than what you are owed. You can take the time needed to build a strong case and negotiate a fair settlement. This can make a big difference in your ability to cover your medical bills, lost wages, and other expenses related to the accident. By unlocking the power of litigation funding, you can level the playing field and take on large insurance companies with confidence.

If you or a loved one has been involved in a boat accident in Florida, you do not have to face the financial burden alone. Fast Funds can provide the financial support you need to pursue your legal claim and get the compensation you deserve. We understand the challenges that come with boat accident claims and are here to help you every step of the way. Our team offers quick and easy litigation funding with no risk to you. Contact Fast Funds today to learn more about how we can assist you during this difficult time and help you focus on your recovery and legal battle.