If you’ve been involved in a bicycle accident in Texas, you likely feel a mix of confusion and worry about how to move forward. Understanding your legal options and the potential for financial assistance during your case can help alleviate some of these feelings. At this firm, we are here to guide you through the complex process and make sure you have the support you need. Our team understands the emotional and financial strain that often accompanies a personal injury case, and we are committed to helping you secure the compensation you deserve.

For many individuals who have been injured in bicycle accidents, the road to recovery can feel overwhelming. Between dealing with medical expenses, lost wages, and the emotional toll of the injury, it can be difficult to think about how to fund the cost of your legal case. This is where litigation funding can make a significant difference in your ability to pursue justice. In this blog, we will explore how litigation funding works and why it may be a helpful tool for those navigating the aftermath of a bicycle accident in Texas.

What Is Litigation Funding

Litigation funding is a financial option available to plaintiffs involved in personal injury cases. It is designed to help cover the costs of legal fees, medical bills, and other expenses that arise while you wait for your case to be resolved. In simple terms, litigation funding provides you with the financial resources you need to pursue a lawsuit without having to worry about your immediate financial needs. This is especially helpful for individuals who are unable to work or who are facing high medical bills as a result of their bicycle accident.

When you pursue litigation funding, a third-party lender agrees to provide you with funds in exchange for a portion of the settlement or verdict from your case. This means you do not need to pay the funds back unless you win your case. If your case is unsuccessful, you are typically not required to repay the loan, which reduces the financial risk associated with taking legal action. This can provide much-needed peace of mind, allowing you to focus on your recovery rather than stressing about your finances.

- 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.

How Litigation Funding Can Help You in a Bicycle Accident Case

Bicycle accidents in Texas can result in serious injuries, from broken bones to more severe damage such as traumatic brain injuries or spinal cord injuries. The recovery process often requires extensive medical treatment, rehabilitation, and time off from work, all of which can create a significant financial burden. Litigation funding can help bridge the gap during this challenging time.

In a typical bicycle accident case, the injured party may be dealing with mounting medical bills and lost wages due to their inability to work. This financial strain can make it difficult to focus on pursuing a case, as the need for immediate compensation can outweigh the desire for a lengthy legal process. Litigation funding helps alleviate this pressure by providing you with the financial means to continue your legal battle.

It is important to note that not all cases will qualify for litigation funding, and the terms of the funding will depend on the specifics of your case. However, for those who are eligible, litigation funding can give you the financial resources to afford expert witnesses, accident reconstruction services, and other necessary case expenses, allowing your attorney to build the strongest case possible on your behalf.

When Should You Consider Litigation Funding

While litigation funding is not suitable for every case, it can be an excellent option for those who are struggling financially but still wish to pursue justice. If you find yourself unable to afford the upfront costs associated with a lawsuit, litigation funding can provide the support you need to move forward with your case.

For example, if you are unable to work due to your injuries or are facing a large number of medical bills, litigation funding can allow you to focus on recovering without the stress of financial instability. The funds provided can help cover essential expenses, such as medical treatments, transportation costs, and legal fees, while you wait for the outcome of your case.

It is important to speak with an attorney who is familiar with litigation funding and can help you assess whether it is the right choice for your situation. An experienced attorney can guide you through the process and help you determine if you qualify for funding based on the specifics of your case.

The Legal Process and Litigation Funding

Navigating the legal process after a bicycle accident can be time-consuming, and the uncertainty surrounding the outcome of your case can create additional stress. Litigation funding can help you stay focused on your case and ensure that you are not overwhelmed by financial concerns throughout the duration of the legal proceedings.

Typically, after you hire an attorney, they will begin gathering evidence, speaking with witnesses, and working on building your case. This process can take time, and the legal fees and other expenses associated with your case may accumulate. With litigation funding, you can cover these costs without having to dip into your savings or go into debt.

Litigation funding is designed to cover the costs of your case as it moves forward. The funds are often provided quickly, which can help you avoid delays in your case. Since the funding is contingent on the outcome of your lawsuit, you do not need to worry about paying back the money unless you are successful. This reduces the financial risk associated with pursuing your claim and allows you to focus on your recovery and the legal process.

How to Apply for Litigation Funding

Applying for litigation funding is a relatively simple process, but it is important to understand that not all lenders will offer funding for every type of case. The lender will assess the strength of your case, the potential for a successful outcome, and the expected value of your claim before offering funding.

To apply for litigation funding, you will need to provide details about your case, including information about your injuries, the defendant, and any evidence that supports your claim. The lender may also request financial documentation to ensure that you are in need of funding to cover legal and medical costs.

Once the lender reviews your application, they will determine whether you qualify for funding and the terms of the loan. If approved, the funds will typically be provided quickly, allowing you to proceed with your case without worrying about how to pay for legal expenses.

How Litigation Funding Helps You Focus on Your Case

The primary benefit of litigation funding is that it allows you to focus on your case without the distraction of financial concerns. Bicycle accidents can result in serious injuries that require ongoing medical care, rehabilitation, and time off work. With the financial support provided by litigation funding, you can concentrate on your recovery and let your attorney handle the legal complexities of your case.

By securing the necessary funding, you are free to pursue your case with confidence, knowing that you have the resources to move forward. This can make a significant difference in the outcome of your case, as it allows you to fully participate in the legal process without being weighed down by financial stress.

At Fast Funds, we understand that pursuing a bicycle accident case in Texas can be a stressful and overwhelming experience. That is why we are here to offer not only legal representation but also guidance on how litigation funding can assist you in your case. If you are facing financial challenges as you recover from your injury, we can help you navigate the process of securing the funding you need to proceed with your lawsuit.

We are dedicated to providing our clients with the support they need to achieve a successful case outcome. Our experienced team can help you understand the options available to you, including litigation funding, and work with you to ensure that you have the financial resources necessary to pursue justice. If you are ready to take the next step in your bicycle accident case, contact Fast Funds today. We are here to help you get the compensation you deserve and guide you every step of the way.

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Bicycle Accident

The Role of Litigation Funding in Texas Bicycle Accident Cases