Premises Liabilaity

Litigation Funding for Premises Liability Claims in Florida: A Plaintiff’s Guide

Posted on by Fast Funds
Litigation Funding for Premises Liability Claims in Florida A Plaintiff's Guide
14
Oct

When you are injured on someone else’s property due to unsafe conditions, it can lead to serious consequences. Whether you slipped and fell, got hurt by falling objects, or faced any other dangerous situation, you may have the right to file a premises liability claim. These claims help you seek compensation for your injuries, medical bills, lost wages, and more. However, these legal battles can be long and expensive. This is where litigation funding comes into play. In Florida, litigation funding for premises liability claims is an option that can provide financial relief to plaintiffs, helping them pursue justice without worrying about how to pay for the legal process. This guide will explain what litigation funding is, how it works, and why it might be the right choice for your case. 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 Premises Liability in Florida

Premises liability is a legal concept that holds property owners responsible for maintaining a safe environment. If someone is injured due to dangerous conditions on the property, the owner may be liable for those injuries. In Florida, these cases can cover a wide range of situations. For instance, you may have slipped and fallen in a grocery store because of a wet floor that wasn’t marked with a warning sign. You might have been injured in an apartment complex where the management failed to fix broken stairs or handrails. These are examples of how negligence by the property owner can lead to a premises liability claim.

To win a premises liability case in Florida, the plaintiff must show that the property owner knew or should have known about the dangerous condition and failed to fix it or provide adequate warning. This can be a difficult task, requiring legal representation, investigations, and sometimes, expert witnesses. These cases can take a long time to resolve, which can be a financial burden for plaintiffs already dealing with medical bills and other expenses related to their injuries.

What Is Litigation Funding?

Litigation funding, also known as lawsuit loans or legal funding, is a financial option available to plaintiffs involved in personal injury claims, including premises liability cases. It is not a traditional loan, but rather a cash advance that helps plaintiffs cover the costs of their legal battle. Litigation funding companies provide plaintiffs with money upfront, which they can use for legal fees, living expenses, and other financial needs while their case is ongoing. The best part is that the plaintiff only has to repay the advance if they win or settle their case. If the plaintiff loses, they are not required to repay the money.

- 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.

This type of funding can be a lifesaver for plaintiffs who are struggling to keep up with their bills while waiting for their case to conclude. Legal battles, especially in premises liability cases, can drag on for months or even years. During this time, plaintiffs may be unable to work due to their injuries, which can make it difficult to cover everyday expenses like rent, groceries, and medical bills. Litigation funding provides financial stability, allowing plaintiffs to focus on their recovery and legal battle without the added stress of financial hardship.

How Does Litigation Funding Work?

The process of obtaining litigation funding is relatively simple. First, the plaintiff applies for funding through a litigation funding company. The company will review the details of the case, including the likelihood of success, the potential settlement amount, and the timeline of the case. Based on this information, the company will determine how much funding they can offer. If approved, the plaintiff receives the money, which they can use as they see fit.

One of the key benefits of litigation funding is that it is non-recourse, meaning the plaintiff is not personally responsible for repaying the advance. Instead, the repayment comes from the settlement or judgment awarded in the case. If the case is unsuccessful, the plaintiff does not have to repay the funding. This makes litigation funding a low-risk option for plaintiffs, as they only pay if they win their case.

It’s important to note that while litigation funding can be a great resource, it does come with a cost. Litigation funding companies charge fees and interest on the money they provide, which will be deducted from the plaintiff’s settlement or judgment. However, for many plaintiffs, the benefits of having access to immediate cash far outweigh the costs.

Why Consider Litigation Funding for Premises Liability Claims?

There are several reasons why plaintiffs in premises liability cases should consider litigation funding. First and foremost, litigation funding allows plaintiffs to pursue their case without worrying about how to pay for legal fees or cover their living expenses. Premises liability cases can be complex and time-consuming, and many plaintiffs do not have the financial means to wait for a settlement or judgment. With litigation funding, plaintiffs can focus on their recovery and legal battle without the added stress of financial strain.

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Applying For Lawsuit Funding

Types of Cases We Fund

In addition, litigation funding can help level the playing field. Property owners and their insurance companies often have significant financial resources at their disposal, allowing them to drag out the legal process in the hopes that the plaintiff will settle for less than they deserve. Litigation funding gives plaintiffs the financial resources they need to fight back and pursue the full compensation they are entitled to.

Another benefit of litigation funding is that it allows plaintiffs to make better decisions about their case. Without the pressure of financial hardship, plaintiffs are less likely to settle for a low offer just to get quick cash. Instead, they can take the time to negotiate a fair settlement or take their case to trial if necessary.

The Risks of Premises Liability Claims Without Funding

Without litigation funding, plaintiffs in premises liability cases may face significant financial challenges. Medical bills can quickly pile up, especially if the injury requires ongoing treatment or rehabilitation. If the plaintiff is unable to work due to their injuries, they may struggle to cover basic living expenses. This financial pressure can lead plaintiffs to accept a low settlement offer just to get some money in hand, even if it’s not enough to cover all of their expenses.

Furthermore, premises liability cases can take months or even years to resolve. During this time, plaintiffs may be dealing with the emotional and physical toll of their injuries, as well as the stress of mounting bills. Without financial assistance, it can be difficult for plaintiffs to stay focused on their case and fight for the compensation they deserve.

Litigation funding provides a solution to these challenges, offering plaintiffs the financial support they need to pursue their case without sacrificing their well-being.

How to Choose a Litigation Funding Company

If you are considering litigation funding for your premises liability claim, it’s important to choose the right funding company. Look for a company with a strong reputation and a history of working with personal injury plaintiffs. You should also pay attention to the terms of the funding agreement, including the fees and interest rates. While litigation funding can provide much-needed financial relief, it’s important to understand the costs involved and how they will impact your settlement or judgment.

You may also want to consult with your attorney before applying for litigation funding. Your attorney can help you understand whether litigation funding is the right choice for your case and can recommend reputable funding companies. Keep in mind that your attorney’s opinion is valuable when it comes to making decisions about your case and your financial future.

Is Litigation Funding Right for You?

Litigation funding can be a great option for plaintiffs in premises liability cases who need financial assistance while their case is ongoing. If you are struggling to cover your bills or legal fees, litigation funding can provide the support you need to pursue your case without settling for less than you deserve. However, it’s important to carefully consider the costs and benefits of litigation funding before making a decision. Make sure you fully understand the terms of the funding agreement and how it will impact your settlement or judgment.

If you have been injured on someone else’s property and are considering filing a premises liability claim, litigation funding may be the solution you need to get through this difficult time. By providing financial stability, litigation funding allows you to focus on your recovery and legal battle without the added stress of financial hardship.

For those who are navigating a premises liability claim in Florida and seeking litigation funding, Fast Funds is here to help. We understand the challenges that come with pursuing a legal case, and our team is committed to providing the financial support you need to see your case through to the end. If you are ready to learn more about how litigation funding can benefit your premises liability claim, contact Fast Funds today for guidance and assistance.