Litigation Funding for Motorcycle Accident Victims in Texas Navigating the Legal Process

Litigation Funding for Motorcycle Accident Victims in Texas Navigating the Legal Process

If you have recently been involved in a motorcycle accident in Texas, it is likely that you are feeling overwhelmed by the physical, emotional, and financial consequences of the incident. In the midst of dealing with your recovery, medical bills, and the need to navigate the legal process, it may seem as though there is no clear path forward. At our firm, we understand the challenges you face and are here to help guide you through every step of the process. Motorcycle accident victims often experience confusion and worry about how they can afford their case while they focus on healing. This is where litigation funding can play a crucial role in helping you get the justice and financial relief you deserve.

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What is Litigation Funding and How Can It Help?

Litigation funding is a financial option available to individuals who are pursuing a lawsuit but lack the funds to cover the costs of legal proceedings. Motorcycle accident victims often face unexpected medical bills, lost wages, and other financial burdens after an accident, making it difficult to keep up with everyday expenses. In many cases, victims must wait until their case settles or goes to trial before receiving compensation. Litigation funding allows you to receive an advance on your potential settlement or award, so you can pay for things like medical treatment, legal fees, and living expenses while your case is ongoing.

For many motorcycle accident victims in Texas, litigation funding can be a lifeline. It helps remove some of the financial pressure and enables you to focus on your recovery and the details of your case without worrying about how you will pay for your legal fees or day-to-day expenses. This type of funding can be particularly helpful when you have already experienced financial hardship as a result of your injury.

The Legal Process for Motorcycle Accident Victims in Texas

Understanding the legal process following a motorcycle accident can feel daunting, especially when you are already dealing with physical injuries and emotional stress. In Texas, the legal process typically begins with a consultation with a personal injury attorney who will help assess the strength of your case and determine the best course of action. If the lawyer believes you have a valid claim, they will initiate a formal investigation and gather evidence, which may include accident reports, witness statements, and medical records.

- 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.

After gathering the necessary evidence, your attorney will begin negotiations with the responsible party’s insurance company. Many times, insurance companies will attempt to offer a low settlement amount in an effort to avoid paying you the full compensation you deserve. However, an experienced attorney will know how to advocate for your rights and fight for a fair settlement. If negotiations fail, the case may proceed to trial.

Throughout this process, litigation funding can provide much-needed financial support. This is especially true if your case involves significant medical expenses or if you are unable to work while recovering from your injuries. By securing funding upfront, you can cover the costs of ongoing medical care, transportation, and other essentials as you move forward with your case.

How Litigation Funding Works in Motorcycle Accident Cases

When you apply for litigation funding, the funding company will evaluate your case to determine whether it is likely to result in a positive outcome. This assessment typically involves reviewing your attorney’s records and analyzing the facts of your case, including medical records, police reports, and any other relevant documentation. Once the funding company approves your case, they will provide you with a cash advance based on the estimated value of your settlement or judgment.

The amount of funding you receive will depend on factors such as the severity of your injuries, the potential liability of the at-fault party, and the likelihood of a successful outcome. In many cases, motorcycle accident victims can receive a significant amount of funding that will cover immediate needs like medical bills, property damage, and lost wages. The good news is that litigation funding is non-recourse, meaning you do not have to repay the money unless you win your case. If your case does not result in a settlement or judgment, you will not owe anything to the funding company.

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The Benefits of Litigation Funding for Motorcycle Accident Victims

There are several key benefits to pursuing litigation funding after a motorcycle accident in Texas. First and foremost, it provides financial relief during the often lengthy process of pursuing a personal injury claim. Without litigation funding, victims may be forced to accept a settlement that is lower than they deserve, simply to cover immediate expenses. By securing funding, you have the opportunity to wait for a fair settlement without rushing into an agreement that doesn’t fully compensate you for your losses.

Additionally, litigation funding allows you to work with your attorney without worrying about the cost of legal fees. Personal injury attorneys often work on a contingency fee basis, meaning they only get paid if you win your case. However, they may still require you to cover certain out-of-pocket expenses, such as filing fees and expert witness costs. Litigation funding can help cover these expenses, allowing you to continue your case without financial strain.

Lastly, litigation funding allows you to focus on your recovery without the constant worry of how to pay for medical treatments, physical therapy, or other expenses. It is important to remember that your health and well-being should be your top priority during this time, and litigation funding can help alleviate some of the financial pressure so you can focus on getting better.

Choosing the Right Litigation Funding Company

When deciding whether litigation funding is right for you, it is important to choose a reputable and reliable funding company. Not all litigation funding providers offer the same level of service or terms. Some companies may charge high fees or interest rates, which could reduce the amount of money you ultimately receive from your settlement.

It is important to carefully research potential funding companies and ask questions about the terms and fees associated with their funding. A reputable litigation funding company will be transparent about its process and will work with your attorney to ensure that you are making an informed decision. At our firm, we understand that navigating the legal and financial aspects of a motorcycle accident case can be challenging. We are committed to helping you secure the funding you need to get the best possible outcome for your case.

At our firm, we are dedicated to helping victims of motorcycle accidents in Texas get the compensation they deserve. We understand the difficulties you are facing, both financially and emotionally, and are committed to supporting you throughout the legal process. Whether you are looking for assistance with litigation funding or need help negotiating with insurance companies, our team is here to help guide you every step of the way.

If you have been injured in a motorcycle accident in Texas, don’t face the legal process alone. Reach out to our firm today to discuss your case and learn how litigation funding can help you navigate this challenging time. We are here to fight for your rights and ensure that you receive the compensation you deserve.

Let us help you get the support you need during this difficult time. Contact us today to schedule a consultation and take the first step toward securing the financial relief you need to move forward with your recovery.

To learn more about this subject click here: How Motorcycle Accident Plaintiffs in Texas Can Benefit from Litigation Funding