pre-settlement funding in Florida include topics of the benefits of pre-settlement funding, comparative negligence, insurance limits for personal injury and auto accidents and who the some of the top attorneys in the state
are
Pre-Settlement Funding in Florida
Pre-settlement funding has become an increasingly popular option for victims of personal injury in the state of Florida to receive the money they need in order to cover costs associated with medical bills and other expenses while they wait for their settlement to be approved. Pre-settlement funding is typically a non-recourse cash advance in which the borrower agrees to repay the funding source once their personal injury lawsuit is complete. The process is fairly simple and quick and can help provide much-needed financial assistance in an otherwise difficult time.
Benefits of Pre-Settlement Funding
The primary benefit of pre-settlement funding is that it provides victims of personal injury in Florida the opportunity to receive cash payments to handle immediate bills and expenses before their case is settled in court. This type of funding is usually accessed for those who have incurred serious injuries and are faced with potentially draining medical expenses, as well as costly lawyer fees. Pre-settlement funding gives people in this situation the extra cushion of financial stability they may not otherwise have access to.
In addition, pre-settlement funding can offer peace of mind for those who worry about going bankrupt as a result of their legal case, as many victims involved in personal injury cases struggle to cover their everyday expenses while they are waiting for their lawsuit to be resolved. With pre-settlement funding, victims of personal injury have access to immediate funds, which can be used to pay bills, make payments, and increase their focus on the case, rather then worrying about how they are going to make ends meet.
Comparative Negligence and Insurance Limits
Florida is a comparative negligence state, meaning that if a victim of a personal injury is found partly to blame for the incident, his or her damages and financial compensation may be reduced to reflect that partial fault. As such, it is often crucial during a trial to prove that the other party was responsible for the majority of the injury. This is where a pre-settlement funding service can be beneficial, as the funds can often cover the costs associated with proving fault.
Moreover, many victims of personal injury are not aware of the maximum payout awarded by most insurance companies for cars or accidents, which commonly amount to around $25,000. This can be a shock to victims who have been subjected to a more severe injury, and may be unable to receive the full amount of compensation they are looking for in a court. Once again, pre-settlement funding can provide comfort to victims in this situation, as it can offer the extra surge of cash that is desperately needed to cover the financial gap between the damages awarded by an insurance company and the damages that a victim of personal injury can reasonably expect from a court.
Who are some of the Top Attorneys in the State?
When it comes to finding the best attorney for a personal injury case in the state of Florida, there are acknowledged names within the legal system, who have gained respect through their exemplary record of success and experience. Some of the most renowned personal injury attorneys in the state of Florida include but are not limited to:
• Chris Limberopoulos of the Limberopoulos Law Firm
• Scott Wagner of Wagner, Fromang & Olson
• Gail Levine of Levine & Associates
• Joel Remland of Remland and Associates
• Jonathan Cohn of Sibley Dolman
• Stephen Fernandez of Fernandez Law Group
These are only a few of the top attorneys in Florida when it comes to personal injury cases, and individuals in need of representation should always research their options thoroughly and make sure the legal counsel they choose is experienced and trustworthy.
Conclusion
Pre-settlement funding has become an increasingly useful resource for victims of personal injury in Florida who are struggling with costly medical bills and simply need some support to get them through the duration of their legal case. While this type of funding is not for every individual, pre-settlement funding can provide a financial buffer for those who would otherwise find themselves in a difficult situation. It is important to educate oneself on comparative negligence and insurance limits, as well as familiarize oneself with the best attorneys in the state, to ensure the best outcome for the victim of a personal injury case.
