Southfield, MI (Law Firm Newswire) March 4, 2014 — Raising and caring for young children is a process fraught with dangerous events.
“Normally, a child eating a meal is not a cause for concern, even less so if they are supervised while eating. In this case, a young preschooler choked on a meatball while eating lunch at her daycare center and died the next day,” explains Daren Monroe of Litigation Funding Corporation, Michigan.
The 3 ½ -year-old child was at preschool child care one day when she choked on a meatball and died the next day of cardiac arrest and respiratory failure. The mother, who filed a wrongful death lawsuit, alleges that the child care provider was negligent in her supervision of the girl, did not offer adequate observation during lunch, did not prepare safe food items for a girl of 3 ½ or employ any life-saving measures to revive her after the incident.
“The care the child received after her choking while at her caregiver’s home would result in significant expenses for the family; a bill they would be hard pressed to pay. The perfect solution for them may be litigation funding, also referred to as a lawsuit loan. It’s an immediate cash infusion of the amount an attorney expects to recover at trial from the defendant,” Monroe says. Otherwise referred to as pre-settlement funding, a lawsuit loan is an emergency loan that allows the plaintiff the chance to get back on their feet financially and deal with their difficult financial situation.
Other benefits plaintiffs appreciate are they do not need to go through a credit check, are not required to pay anything upfront or during the course of traveling the road to justice, do not need to be working when they apply for help and do not need to deal with enthusiastic and predatory insurance companies who attempt to get them to settle for as little as possible. If they do happen to lose their case in court, the plaintiff gets to keep the lawsuit loan, with no strings attached.
“Lawsuit loans are not the perfect solution for everyone, but it is worth researching how they work in order to find out if applying for one would make an appreciable difference to a family’s lifestyle and ability to pay their debts while waiting for their case to be resolved,” adds Monroe. Litigation funding representatives are happy to help callers by answering their questions. They understand that if an individual is looking for pre-settlement funding, that they are in dire need of help.
Learn more at http://www.litigationfundingcorp.com
Litigation Funding Corporation
29777 Telegraph Road, Suite 1310
Southfield, MI 48034
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