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How Does the Burden of Proof Apply to Personal Injury Claims?

Published on Sep 3, 2020 at 7:27 pm in Legal Information.

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Many situations have the potential to result in an accident—especially when negligent actions or inactions are involved. If you’ve been injured in an accident and are looking to receive compensation for your losses, you’ll need to build a claim that proves you were wronged because of someone else’s negligence. While you may feel the facts of your situation are straight forward, insurance companies and opposing attorneys don’t always see things the same way.

As the plaintiff, you’ll need to understand how the burden of proof applies to personal injury claims. Your lawyer can fully explain the concept of burden of proof to you and ensure your claim meets the required standards to prove you were wrongfully injured. For now, let’s take a look at the basics.

How Do State Laws Affect the Compensation Received After a Work Injury?

Published on Aug 26, 2020 at 7:23 pm in Legal Information.

Closeup of justice statue

While nearly anyone can get injured at work, there are certain occupations that are more dangerous. Jobs that involve construction, heavy equipment, and specialized tools are generally more likely to result in employee injuries. If you’ve been affected by an occupational hazard and are planning to seek workers’ compensation benefits, it’s important to understand how state laws affect the compensation received after a work injury.

Recovering Financially After Filing an Employment Lawsuit

Published on Jul 29, 2020 at 7:05 pm in Lawsuit Funding Information.

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As an employee, you are entitled to certain rights—as established by the federal government. This means you are protected from discrimination, harassment, retaliation, and wrongful termination. In the event an employer breaches a federal anti-discrimination law, the employee has the right to file a lawsuit to seek compensation for their losses and suffering.

How Delayed Injuries Affect the Compensation Obtained in a Lawsuit

Published on Jun 25, 2020 at 5:54 pm in Lawsuit Funding Information.

Stethoscope on form

No matter what type of accident you’ve been involved in, dealing with injuries is always challenging. The physical and emotional trauma may be preventing you from returning to work as quickly as you would like, which means finances could become a struggle. If you find yourself in a situation where you’re dealing with delayed injuries, you’ll want to understand how they could affect the compensation you could obtain in a lawsuit.

Why Do Car Accident Lawsuits Take a Long Time to Settle?

Published on Jun 4, 2020 at 6:48 pm in Car Accidents.

smashed red car

If you’ve been in a car accident and are planning on taking legal action to seek compensation for your losses, you could be dealing with a lawsuit for months or longer. There are a number of factors that impact how long a car accident lawsuit takes to settle. As time passes, you may start to find yourself running into problems financially. If that’s the case, you could benefit from applying for legal funding through Preferred Capital Funding.

How Lawsuit Funding Can Help Improve Your Case

Published on May 4, 2020 at 7:44 pm in Lawsuit Funding Information.

If you’re in the middle of a lawsuit and are struggling financially, you may be eligible for a pre-settlement case advance from Preferred Capital Funding. Litigation financing is essentially an advance on your future lawsuit settlement or award amount. You can use the money to pay your bills and manage other expenses while your lawsuit is ongoing. Let’s take a look at how lawsuit funding can help improve your case.

Take Care of Your Expenses and Medical Needs

Lawsuit loans give you access to money when you need it most. Depending on your lawsuit, it could take months or even years to settle. Cases that last a long time can be financially draining on any personal injury victim—especially if they’re drowning in medical debt and unable to work in order to properly recover. With lawsuit funding, you’ll have access to fast funds to cover bills and living expenses until your attorneys recover the compensation you deserve from the person that caused your injuries in the first place.

Breaking Down the Costs of Medical Care After a Car Accident

Published on May 4, 2020 at 3:22 pm in Car Accidents.

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Injuries from a car accident can be devastating physically, emotionally, and financially. Each car accident has a different financial burden that depends on the amount of damage and injuries. Across the country, car accidents rack up an estimated $44 billion in medical and work loss costs each year.

The average claim for bodily injury, as reported by Verisk Analytics, is over $15,000. That might sound like a lot of money, but when it comes to medical bills, that’s relatively low. And since the costs of medical services tend to rise over time, those costs will only get larger.

No matter how low the bill may be, that doesn’t make it easier to come up with thousands of dollars for medical bills from an injury that wasn’t your fault. At Preferred Capital Funding, we can provide you with pre-settlement funding for those costs to help you stay afloat before your case settles.

What Happens When a Car Is Totaled After a Car Wreck?

Published on Apr 10, 2020 at 10:00 pm in Car Accidents.

When car accidents occur, sometimes the vehicle sustains damage. While most people can usually take a car to the shop to get it fixed and insurance will cover the costs of the damage, sometimes the vehicle cannot be repaired. Having a totaled car from an accident can be frustrating and you may not know what happens afterward. In these situations, you may be seeking legal options. Before you begin down a legal path, you may want to understand more about car totaling and what it means.

10 Terms You Should Know When Filing a Lawsuit

Published on Apr 10, 2020 at 2:59 pm in Legal Information.

If you’ve been in an accident because of someone else’s negligence, it may have caused injuries and damages. As a victim of their negligence, you could have extensive medical bills, are unable to work at this time, and are experiencing pain and suffering as well. You can decide to seek compensation through a personal injury claim.

When you’re going through the legal process, many aspects of it can be confusing. While having a lawyer at your side to help explain everything can provide clarity on what’s happening, you may want to familiarize yourself with some of the common terms used when someone is filing a lawsuit. This way, you’ll feel a more comprehensive understanding of what you should know when you’re going through the legal process.

Understanding State Requirements for Seeking Pre-Settlement Funding

Published on Mar 16, 2020 at 9:06 pm in Legal Information.

Preferred Capital Funding provides lawsuit funding to plaintiffs throughout the country. If you’re in need of funding while in the midst of a personal injury claim, we can help. Before applying, however, it’s important to understand the state requirements for seeking pre-settlement funding, as it could affect the terms and conditions you sign. Let’s start by taking a look at how states protect borrowers in regard to traditional funding options.

Traditional Funding Options: How States Protect Borrowers

To understand pre-settlement funding regulations, it’s important to understand the regulations that exist for borrowing money from a bank or other financial institution. With traditional forms of funding, the state and federal governments try to protect borrowers from unscrupulous lenders. Laws generally regulate the amount of interest a lender can charge and how the lender discloses the terms of the loan.

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