Car accidents happen every day in Florida, and when they do, the lives of those involved can change forever. Whether it is a minor fender-bender or a severe crash, the consequences can be overwhelming. Victims often find themselves dealing with medical bills, car repairs, lost wages, and other unexpected expenses. When someone else is responsible for the accident, you may decide to file a lawsuit to recover damages. However, the legal process can take time, and financial hardships may grow during this waiting period. This is where litigation funding can help. At, Fast Funds, we are here to guide you through the legal process and help you navigate the complexities of your case.

Understanding the Legal Process for Car Accident Claims in Florida

If you are involved in a car accident in Florida, you need to understand how the legal process works if you plan to file a claim. Florida is a no-fault state, meaning that after a car accident, drivers turn to their own insurance companies to cover their damages, no matter who caused the crash. This system is intended to make it easier to get compensation for medical bills and lost wages, but it is not always straightforward. There are limits to what your insurance will cover, and if your injuries are serious, the costs can quickly exceed your policy limits.

In cases where the damages are severe and exceed the no-fault coverage, you may be able to file a lawsuit against the at-fault driver. This can help you recover the additional compensation you need to cover your medical bills, lost income, and pain and suffering. However, filing a lawsuit can take months or even years to resolve. While waiting for a settlement, many car accident victims find themselves struggling to make ends meet.

The Financial Strain of a Car Accident Lawsuit

A car accident can create significant financial burdens, especially if you have been seriously injured. Medical expenses pile up quickly, and if your injuries prevent you from working, lost wages can make the situation even worse. Some people have savings or support from family and friends to help them get through this difficult time. But for others, the financial stress can be overwhelming.

- 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.

During a lawsuit, the opposing side may try to prolong the process, hoping that you will settle for less than what you deserve. They know that the longer the case drags on, the more desperate you might become. This is where litigation funding, also known as legal funding, can make a big difference.

What is Litigation Funding?

Litigation funding is a type of financial support available to plaintiffs who are waiting for their lawsuits to settle. This funding is not a loan in the traditional sense. Instead, it is a cash advance that is provided based on the expected outcome of the lawsuit. If you win your case or receive a settlement, you will pay back the funding, plus fees. If you lose your case, you do not have to repay the money.

Litigation funding can help cover the costs of living while you wait for your lawsuit to conclude. This includes everyday expenses like rent, utilities, groceries, and medical bills. The goal of litigation funding is to give you financial stability so you do not feel pressured to settle for less than what you deserve.

How Litigation Funding Works for Florida Car Accident Cases

If you are involved in a car accident lawsuit in Florida, litigation funding can provide the financial support you need during the legal process. Here is how it typically works:

After your car accident, you may decide to file a lawsuit to recover compensation. Your lawyer will gather evidence, negotiate with insurance companies, and prepare for trial if necessary. This process can take months or even years.

If you find yourself struggling financially during this time, you can apply for litigation funding. To qualify, you must be involved in an active lawsuit, and your lawyer must agree that you have a strong case with a good chance of winning. The funding company will review the details of your case and determine how much money you are likely to receive in a settlement or verdict. Based on this evaluation, they will offer you a cash advance.

If you accept the offer, you will receive the funds within a few days. You can use the money however you need, whether it is for medical bills, living expenses, or other costs related to your recovery.

Once your lawsuit is resolved, either through a settlement or a court decision, you will pay back the advance from your winnings. If you do not win your case, you will not be responsible for repaying the funding.

Benefits of Litigation Funding for Car Accident Victims

Litigation funding offers several key benefits for car accident victims in Florida who are waiting for their lawsuits to settle. One of the most significant advantages is that it provides financial relief when you need it the most. Instead of worrying about how to pay your bills, you can focus on your recovery and your case.

Another benefit is that it levels the playing field between you and the insurance companies. Insurance companies have the resources to drag out a case, hoping you will settle for less than what you deserve. With litigation funding, you have the financial stability to hold out for a fair settlement, knowing that you will not run out of money while your case is pending.

Litigation funding is also non-recourse, which means that if you lose your case, you do not have to repay the advance. This can give you peace of mind, knowing that you are not taking on additional debt or financial risk.

Who Can Benefit from Litigation Funding?

Litigation funding can be helpful for anyone involved in a car accident lawsuit in Florida, but it is especially beneficial for those who are struggling financially during the legal process. If your injuries are preventing you from working, or if your medical bills are piling up faster than you can pay them, litigation funding can provide the support you need to get through this difficult time.

It is also helpful for people who do not want to settle their case too early. Insurance companies often make lowball offers early in the process, hoping that plaintiffs will accept less than what their case is worth. With litigation funding, you have the financial security to continue negotiating for a fair settlement or take your case to trial if necessary.

Choosing the Right Litigation Funding Company

If you are considering litigation funding for your Florida car accident case, it is important to choose the right funding company. Not all companies are the same, and the terms of funding can vary. You want to work with a reputable company that offers fair rates and transparent terms.

It is also important to involve your lawyer in the process. Your lawyer will need to provide information about your case to the funding company, and they can help you understand the terms of the funding agreement. Your lawyer will also be responsible for repaying the advance once your case is resolved.

The Role of Litigation Funding in Achieving Justice

Litigation funding can play a critical role in helping car accident victims achieve justice in Florida. Without it, many plaintiffs would feel pressured to settle their cases too early or for too little. Insurance companies know that financial strain can force plaintiffs to accept low offers, even when they deserve more. By providing financial support during the legal process, litigation funding allows plaintiffs to pursue their cases to the fullest and recover the compensation they deserve.

When Should You Consider Litigation Funding?

If you are involved in a car accident lawsuit in Florida and are experiencing financial difficulties, litigation funding may be a good option for you. It is important to talk to your lawyer about whether this type of funding makes sense for your situation. Your lawyer can help you understand the pros and cons of litigation funding and guide you through the process.

Litigation funding can be particularly useful if your case is likely to take a long time to resolve, or if you are dealing with severe financial hardship. The funding can help you pay your bills and cover everyday expenses while your lawyer fights for the compensation you deserve.

If you are dealing with the aftermath of a car accident and struggling to make ends meet while waiting for your lawsuit to settle, litigation funding may be the solution you need. At Fast Funds, we are here to help you get the financial support you need during this difficult time. Contact us today to learn more about how litigation funding can help you pursue justice and secure the compensation you deserve.

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Car Accident

Florida Car Accident Lawsuits: How Litigation Funding Can Help