How pre-settlement funding can help wrongful death plaintiffs
Dealing with the unexpected loss of a loved one is never easy. The grief can be overwhelming and have a lasting impact on the surviving family in many different ways. It is especially difficult and troubling when the death was possibly avoidable.
Wrongful death happens when someone is killed because of the negligence of another person or entity. Every state provides for legal action in these situations, known as a wrongful death lawsuit, which can be brought against the at-fault party. Wrongful death claims arise from a wide range of negligent acts, including:
- Motor vehicle accidents
- Slip and fall injuries
- Sporting accidents
- Violent crime
- Toxic torts
- Manufacturing defects
- Medical malpractice
Unfortunately, these incidents occur more often than they should. A study by Johns Hopkins Medicine found that more than 250,000 deaths per year alone are due to a medical error, making it the third leading cause of death in the United States. A report by the U.S. Department of Transportation released on February 1, 2022 announced that an estimated 31,720 people died in motor vehicle traffic crashes in the first 9 months of 2021 – a 12% increase over the same time period the year before. Countless other lives are lost due to other negligent acts every year.
It’s important to note that wrongful death claims are separate from any criminal charges. They can be brought by the representative of the decedent on behalf of the eligible survivors. In all states, spouses, children, and parents of unmarried children may act as representatives to sue the negligent individual. Some states allow other interested parties to sue as well.
Damages in wrongful death claims can include medical expenses, funeral expenses, loss of income, lost household or other services and lost prospect of inheritance. Financial strain in these situations can add to the stress as many struggle to keep up with bills and make ends meet as they continue to grieve.
If you have a pending wrongful death claim and are in need of immediate financial assistance, legal funding can help.
What is pre-settlement funding?
Pre-settlement funding – also referred to as a lawsuit loan or cash advance – is an up-front payment against the future proceeds of your lawsuit. This can help alleviate financial strain by providing extra money for you to make rent or mortgage payments, pay bills, and cover daily living expenses while you await settlement. And unlike a loan, a cash advance against your future settlement is non-recourse and there are no interim payments. Non-recourse funding means you have no obligation for repayment if your case is lost or dismissed.
Pioneer Legal Funding can help
Pioneer Legal Funding’s mission is to increase access to justice by providing best-in-class capital solutions for plaintiffs awaiting settlement. Backed by a team of knowledgeable underwriters, paralegals and attorneys, we’ve earned a reputation of excellence in the legal funding industry – working with hundreds of law firms and thousands of plaintiffs with all different types of injury claims.
Apply today with Pioneer Legal Funding
Fill out our quick and easy Funding Application here or give us a call at (877) 610-0950 and one of our team members can assist you with applying for funding. It only takes a couple minutes and there’s no cost to you. Tap into the value of your lawsuit today with Pioneer Legal Funding.