Can an Injured Car Wreck Passenger Apply for a Lawsuit Loan?

Published on Mar 4, 2021 at 8:17 pm in Car Accidents.

Smashed headlight on car

If you’ve been injured in a car accident, you may be seeking your legal options to recover compensation that will cover the expenses of your injuries and damages. This situation doesn’t change if you were a passenger in a car. Someone still caused the accident that led to your injuries and losses. It’s possible that the driver of the car you were in was at fault or you were struck by a negligent driver. However, the legal process can be complex and time-consuming. You may have bills that you need to pay now. It is possible that as an injured car wreck passenger, you can apply for a lawsuit loan.

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.

Breaking Down the Costs of Medical Care After a Car Accident

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

lab technician doing test on blood sample

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.

What Happens During the Process of Filing a Car Accident Lawsuit?

Published on Nov 21, 2019 at 9:05 pm in Car Accidents.

If you’ve been injured in a car accident and the incident was caused by the negligent actions of another or you’re being treated unfairly by an insurance company, your best course of action may be to consult with a personal injury attorney that can tell you if filing a lawsuit against the responsible party or the insurer is possible. By filing a lawsuit, you may be able to receive compensation that can go towards medical costs, recovery costs, loss of wages, pain and suffering, and more.

The process of filing a lawsuit can be complex, however, and takes time– especially if your case ends up going to trial. Why are lawsuits so complex and what does the process of filing one look like? Here’s some information that may be valuable to you.

Common Auto Accidents Where Victims Are Eligible for Pre-Settlement Funding

Published on Nov 8, 2019 at 11:30 pm in Car Accidents.

If you’ve been in an auto accident, it’s likely you’re dealing with physical injuries, emotional trauma, and financial struggles. When a lawsuit is added to your situation, the difficulties increase. Fortunately, Preferred Capital Funding offers pre-settlement funding to crash victims. With our help, you could have access to the money you need in just a few business days.

According to the Federal Highway Administration, three trillion miles are traveled annually across the United States. With approximately 253 million cars and trucks on the road, it’s no surprise that accidents occur regularly. Every year, there are more than six million car crashes. As a result 1.6 million people sustain injuries and 30,000 people lose their lives.

How Long Does the Average Car Accident Claim Take to Settle?

Published on Oct 23, 2019 at 3:04 pm in Car Accidents.

Car accidents can cause various degrees of injury, pain, and suffering. Depending on your injuries, other damages, and the factors that caused the accident to occur, it may be possible to file a legal claim against the at-fault driver. Your claim can seek compensation for medical bills, lost wages, property damage, and other costs that were caused by the collision.

Filing a claim against the person who is liable for your car wreck is one possible way for you to get justice for the hardship they caused. Since each case is different, it could take weeks, months, or even years to settle a car accident claim. Keep reading to find out what can prolong a case.

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