How Litigation Funding Helps Bicycle Accident Victims in Georgia

How Litigation Funding Helps Bicycle Accident Victims in Georgia

If you’ve been involved in a bicycle accident in Georgia, it’s understandable to feel overwhelmed and uncertain about what steps to take next. You may be facing physical pain, medical bills, and an uncertain future. You might also feel lost in the legal process, unsure of how to afford the costs of pursuing justice for your injuries. At our firm, we recognize the emotional and financial burdens that bicycle accident victims often face, and we are committed to helping you navigate this difficult time with compassion and care. If you need an attorney to represent you in a bicycle accident case, we are here to help you secure the justice and compensation you deserve.

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What Is Litigation Funding and How Does It Work?

Litigation funding, sometimes known as lawsuit funding or legal financing, is a financial service that helps individuals who are involved in personal injury cases, such as bicycle accidents, manage the costs associated with their legal battle. The process allows accident victims to access funds while they are waiting for their case to be resolved. These funds can help cover various expenses such as medical bills, lost wages, and even legal fees, providing the necessary support for victims to continue pursuing their cases without the immediate pressure of financial hardship.

In simple terms, litigation funding works by providing a cash advance to the plaintiff in exchange for a portion of the final settlement or judgment. It’s important to note that these funds are typically repaid only if the case results in a positive outcome. If the case is lost, the victim is not required to repay the funds. This unique aspect of litigation funding makes it an attractive option for bicycle accident victims who are worried about the cost of pursuing their claims but are confident in the strength of their case.

How Can Litigation Funding Help Bicycle Accident Victims in Georgia?

The financial strain after a bicycle accident can be immense. Victims often face significant medical bills for treatment, rehabilitation, and surgeries, along with the loss of income due to an inability to work. For many, the cost of legal representation can also seem out of reach, leaving them stuck in a position where they feel forced to settle for less than they deserve. Litigation funding steps in as a solution to these challenges, offering victims the financial resources they need to keep fighting for their rights.

One of the key benefits of litigation funding is that it allows bicycle accident victims to focus on their recovery instead of worrying about how to pay for legal expenses or everyday living costs. With the added financial support, you can afford the medical treatments and therapies necessary for a full recovery while still pursuing your case. Moreover, litigation funding gives you the opportunity to wait for a fair settlement or trial verdict rather than being pressured into accepting a quick, often insufficient, settlement offer from the at-fault party’s insurance company.

- 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.

Addressing the Stress and Anxiety of Legal Costs

One of the biggest obstacles for many bicycle accident victims is the fear of the unknown costs involved in litigation. Many people are hesitant to pursue legal action because they worry they won’t be able to afford a lawyer or the associated costs of the case. Litigation funding eliminates this concern by offering financial support upfront. The funding allows you to hire an experienced attorney without worrying about paying out of pocket for legal fees, which can be a relief when you’re already dealing with the physical and emotional impact of an accident.

By providing immediate financial relief, litigation funding also gives you the freedom to choose the best attorney for your case, regardless of their upfront costs. This means you can pursue your claim with confidence, knowing that financial limitations won’t interfere with your ability to seek justice.

The Process of Obtaining Litigation Funding in Georgia

Obtaining litigation funding is a relatively straightforward process, and many funding companies work closely with your attorney to ensure you get the financial support you need. To start, you or your attorney will need to submit an application for funding. The application typically includes information about your case, including details of the accident, your injuries, and the expected timeline for the case. The funding company will review this information, often with input from your attorney, to assess the strength of your case.

Once the application is reviewed, the funding company will make a decision on whether to offer you a cash advance. The approval process can be quick, often taking just a few days. If approved, you will receive the funding, and you can use it as needed for medical expenses, living costs, or legal fees.

It’s important to note that litigation funding companies will typically only approve funding for cases that appear to have a strong chance of success. This ensures that the funding company is able to recover its investment if the case results in a favorable outcome.

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Applying For Lawsuit Funding

Types of Cases We Fund

Benefits of Litigation Funding for Bicycle Accident Victims

There are several key advantages that litigation funding offers to bicycle accident victims in Georgia. One of the most significant benefits is that it removes the financial pressure that often forces people to accept early settlement offers. Insurance companies know that many people are desperate for cash after an accident, and they may offer settlements that are far lower than what the victim truly deserves. Litigation funding ensures that you have the resources to hold out for a fair settlement or go to trial if necessary.

Another benefit is that litigation funding allows you to pursue your case without the constant worry about bills and other financial obligations. While you’re focusing on healing from your injuries and building your case, you won’t have to stress about how to pay for day-to-day expenses. This financial relief can make a huge difference in your overall well-being during a difficult time.

Litigation funding can give you the peace of mind that your attorney can focus fully on your case without being distracted by concerns about whether you can afford legal fees. With the financial support in place, your attorney can concentrate on building the strongest case possible, using their knowledge of the law to fight for the compensation you deserve.

At our firm, we understand the challenges that come with being a bicycle accident victim. We know that the aftermath of an accident can be incredibly difficult, both emotionally and financially. If you’re worried about how you will afford the costs of your legal case, litigation funding can provide a lifeline, allowing you to pursue your claim without the added stress of financial strain.

We work closely with litigation funding providers to help our clients secure the support they need to move forward with their cases. If you’re facing a bicycle accident claim in Georgia, we are here to guide you through the entire process, from securing funding to achieving a successful case result. With our help, you can focus on your recovery while we focus on getting you the compensation you deserve.

If you’ve been injured in a bicycle accident and need financial support to pursue your case, don’t hesitate to reach out to us. We can help you explore your options for litigation funding and ensure that you have the resources you need to get the justice you deserve. Let us help you move forward with confidence, knowing that we’re here to support you every step of the way.

To learn more about this subject click here: Florida Bicycle Accident Claims Securing Litigation Funding for Your Legal Battle