LAWSUIT FUNDING NETWORK, INC. SAVES CAR-WRECK VICTIM FROM FINANCIAL RUIN

Bob J., a car salesman from Houston, was driving home from work one night when a motorist in the oncoming lane suddenly swerved into Bob’s lane – and hit him head-on. The accident left the car salesman with injuries so severe that he was unable to work for many months afterward.

As it happens, Bob did have competent legal representation, and his attorney began working on recovering damages. But the wheels of litigation tend to grind very slowly – much too slowly, in fact, for many disabled accident victims, who find themselves unable to pay not only their stratospheric medical bills but their daily living expenses as well. Frequently, these plaintiffs are thus forced to settle their cases for lower dollar amounts than they truly deserve, simply because they cannot wait for their attorneys to take the additional time needed to achieve their case’s full value.

As for Bob J., unable to work and contending with mounting medical bills, he was threatened first with the cutoff of his utilities – and then by imminent eviction from his apartment, because he couldn’t keep up with the rent.



Fortunately for Bob, however, he did have access to the Internet – and it was there that he learned about Lawsuit Funding Network, Inc., whose web address is www.lawsuitfundingnetwork.com. Lawsuit Funding Network, based in Morton Grove, IL, is a leading company in the relatively new litigation funding business, which helps ease the burden on those experiencing financial difficulties due to an accident, medical malpractice or other types of personal injury.

Lawsuit Funding Network will assist an injured plaintiff, whose case is approved for funding, in securing a non-recourse advance of up to 10% of the value of that case – a dollar value determined by a group of underwriters. This allows the victim to avoid financial ruin while waiting for the legal system to work at its customary pace, and enables the victim’s attorney to take whatever additional time is needed to seek the case’s full value. The advance is secured by a lien on the lawsuit. A lawsuit advance works similarly to when an attorney is retained on a contingency fee basis and is compensated only if the plaintiff prevails.

This cash advance arranged by Lawsuit Funding Network is quite different from a bank loan: it is risk-free. If the lawsuit is settled for less than the amount represented by the cash advance – or even if the court rules in favor of the defendant, rather than the plaintiff, meaning no financial recovery for the victim – there is no obligation to pay back the advance.

For Bob J., getting a risk-free cash advance with Lawsuit Funding Network literally saved him from having to live on the street. “It wasn’t like I could take my lawsuit to a bank and say, ‘I need a loan,’” he says.

“It is very satisfying for us,” observes Al Johnson, founder of LFN, “to be able to secure non-resource funding for plaintiffs such as Bob J., who find themselves in financially stressful situations while they are still recovering from a trauma.”

“I couldn’t be happier with Lawsuit Funding Network,” says Bob J. “Once my attorney sent them my documentation, they got me funding approval within 24 hours. The funding advance arranged by Lawsuit Funding Network was a blessing and I don’t even have to pay back a cent unless I win!”

For further information about Lawsuit Funding Network, please visit www.lawsuitfundingnetwork.com or e-mail info@lawsuitfundingnetwork.com.

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Note To Media: For more information, or to schedule an interview with Lawsuit Funding Network, Inc., please contact Al Johnson at (866) 270-1466 or via e-mail at al@lawsuitfundingnetwork.com.