Premises Liabilaity

Michigan Premises Liability Lawsuits: Exploring Litigation Funding Solutions

Posted on by Fast Funds
Michigan Premises Liability Lawsuits Exploring Litigation Funding Solutions
30
Sep

When someone gets hurt on another person’s property, they may be able to file a premises liability lawsuit. In Michigan, these cases can arise when accidents happen because of dangerous conditions on someone’s property. Premises liability laws are designed to protect people who get injured while they are on someone else’s land, whether it is a store, a private home, or a public place. However, these lawsuits can be lengthy and expensive. That is where litigation funding solutions come in, helping injured parties manage the financial strain during their legal journey. Understanding how premises liability works in Michigan and how funding can help can make a big difference for those who are navigating these difficult situations. Fast Funds can provide essential financial support to cover medical bills and other immediate expenses while navigating the complexities of your premises liability case.

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Understanding Premises Liability in Michigan

Premises liability refers to the legal responsibility that property owners have to keep their property safe for visitors. This can include both private properties like homes and commercial properties like stores, restaurants, and public parks. If someone gets injured because of unsafe conditions on the property, they may be able to sue the owner for damages. These conditions can include things like slippery floors, broken stairs, poor lighting, and even dog bites.

In Michigan, the law requires property owners to fix dangerous conditions and warn visitors about any hazards they might encounter. The level of responsibility depends on why the person was on the property in the first place. Michigan law divides visitors into three categories: invitees, licensees, and trespassers. Invitees are people who have been invited onto the property, like customers in a store. They are owed the highest level of care. Licensees are those who enter the property for their own reasons but with the owner’s permission, like social guests. Trespassers, who enter without permission, are usually owed the least amount of care, but property owners still cannot willfully harm them. The specific duty of care owed by property owners to each type of visitor plays a crucial role in premises liability lawsuits.

- 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.

Common Types of Premises Liability Cases

Premises liability cases in Michigan can cover a wide range of accidents. Slip and fall cases are some of the most common. These happen when someone slips or trips due to a hazard like a wet floor, uneven pavement, or ice. Other common cases include injuries from falling objects, electrical hazards, structural failures, and even inadequate security, which can lead to assaults on the property. Dog bites also fall under premises liability if the dog’s owner failed to keep their pet properly restrained. Each of these cases requires proof that the property owner was negligent in maintaining a safe environment, and that negligence led directly to the injury.

In each of these scenarios, the injured party must prove that the property owner knew or should have known about the dangerous condition and failed to take steps to fix it or provide a warning. Evidence such as photos, witness statements, and medical records are critical in establishing the property owner’s responsibility. However, gathering and presenting this evidence can be time-consuming and costly, often requiring the assistance of legal professionals. This is where litigation funding solutions can offer much-needed support.

Challenges Faced in Premises Liability Lawsuits

Pursuing a premises liability lawsuit can be an uphill battle for many reasons. First, these cases can be complex because they often involve detailed investigations to prove the property owner’s negligence. Additionally, property owners and their insurance companies frequently have legal teams ready to dispute claims, making it difficult for injured individuals to get the compensation they deserve.

The legal process can also take a long time, sometimes stretching over months or even years. During this time, injured parties may face mounting medical bills, lost wages, and other financial pressures. The stress of dealing with these expenses can make it challenging to focus on recovery, and it can also tempt some to settle quickly for less than they deserve just to get immediate financial relief. This is especially true when the injured person cannot work and support themselves or their family during the litigation process.

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Exploring Litigation Funding Solutions

Litigation funding, sometimes called legal funding or lawsuit loans, provides financial assistance to plaintiffs involved in legal disputes, including premises liability cases. Unlike traditional loans, litigation funding is not based on credit history or income. Instead, it is based on the merits of the case. The funding company reviews the details of the lawsuit, including the strength of the evidence and the potential for a favorable outcome. If approved, the injured party receives a cash advance that they can use to cover living expenses, medical bills, or other costs while they wait for their case to settle.

One of the biggest benefits of litigation funding is that it allows injured parties to hold out for a fair settlement rather than feeling pressured to accept a low offer because of financial strain. Since the funding is repaid only if the case is won or settled favorably, it reduces the risk for plaintiffs who are already facing significant hardships. If the case is lost, the plaintiff does not have to repay the advance, making this a low-risk option for many people involved in premises liability lawsuits.

How Litigation Funding Works

The process of obtaining litigation funding is relatively straightforward. First, the injured party or their attorney contacts a funding company to discuss the case. The funding company will then evaluate the details of the premises liability lawsuit, including evidence, potential damages, and the likelihood of a successful outcome. If the case is strong, the company will offer a cash advance, which is usually provided within a few days of approval.

The advance can be used to cover any expenses, from rent and utilities to medical costs and legal fees. This flexibility is crucial for plaintiffs who need financial breathing room as they pursue their case. Importantly, the advance is not a traditional loan; there are no monthly payments, and repayment is contingent on the success of the lawsuit. If the plaintiff wins or settles the case, they repay the advance plus any agreed-upon fees. If the case is unsuccessful, the plaintiff owes nothing.

Why Litigation Funding Is Important in Michigan Premises Liability Cases

For those involved in premises liability cases in Michigan, litigation funding can be a lifeline. It empowers plaintiffs to continue their fight for justice without sacrificing their financial stability. This is especially important in Michigan, where premises liability cases often involve significant legal costs and long wait times for resolutions. Litigation funding ensures that injured parties do not have to endure undue financial hardship while they seek compensation for their injuries.

The ability to access funds quickly and without the burdens of traditional lending means plaintiffs can focus on healing and building their case, rather than worrying about how to pay their bills. In a legal landscape where property owners and insurance companies may attempt to delay or deny rightful compensation, having the support of litigation funding can make a significant difference in the outcome of a premises liability lawsuit.

If you or someone you know is pursuing a premises liability lawsuit in Michigan and is struggling to manage the financial challenges that come with it, Fast Funds can help. At Fast Funds, we understand the difficulties that come with these kinds of cases, and we are committed to providing the support you need to continue your fight without financial strain. Our litigation funding solutions offer a risk-free way to secure the resources you need while you wait for your case to be resolved. Let us help you navigate this difficult time so you can focus on what matters most—your recovery and getting the justice you deserve. Reach out to Fast Funds today to learn more about how we can assist you in your legal journey.