How Settlement Funding Helps in Car Accidents

Car accidents are a common occurrence in the United States. They can happen anywhere and at just about any time. It can happen even while you are stopping on a red light. Let’s take the case of Ted and his wife, for example. Ted and his wife Martha were among the last of a line of cars that stopped because of a red light. When the light turned green, the cars in front started to move but they quickly stopped because of a traffic jam up a head. However, the vehicle behind Ted’s car didn’t stop and it rammed through his car while running at a speed of about 25mph. Ted’s car was heavily damaged and it cost almost $7,000 to have the damages repaired.

There are also other cases wherein victims of the car accident sustain serious injuries. That is what happened to Marsha and her daughter Allie. Allie was injured in a car accident in Illinois and she was diagnosed with a cervical and lumbar sprain. Without an attorney to advise them on sound legal decisions, Allie settled with the other party for $12,000. A few weeks later, Allie went back to the hospital because of severe headaches. They found out that because of the car accident, she also had a brain injury. Marsha, concerned about her daughter’s condition, is now seeking justice for her daughter.

Car Accidents and Your Rights as a Victim

If your vehicle has been damaged or if you have sustained injuries on a car accident caused by the negligence of others, you have the right to demand for a compensation. Settlements are typically struck between you and the involved party and the amount depends on the severity of the damage or injuries. Most of the times, these car accident cases are settled quickly but there are some that can take a longer time. This is where settlement funding comes in handy.

Pre-Settlement Funding Can Help You

Some car accident lawsuits can drag on for months and years. This delay can have a drastic effect on you and your family. If it’s simply a fender bender case, then it’s easier to deal with but if you have sustained injuries especially severe ones, your livelihood and your family’s needs can be put at stake. With settlement funding you can provide for your family’s day to day expenses and pay your medical bills.

855-FUND-YOU / 855-386-3968

.:About the author:.

James Sheridan - Pegasus Funding

James Sheridan is the Contracts Manager at Pegasus Legal Funding LLC and is responsible for the final stage of the funding approval process. James focus and priority is delivering to PLF’s clients the funds they need as quickly as possible

Author:James Sheridan
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