Lawsuits From the Reno Air Show Crash Likely To Be Extensive Says Michigan Litigation Funding Corporation
Southfield, MI (Law Firm Newswire) November 15, 2011 - The 2011 Reno air show will live on as a horrific memory. Crash witnesses will live with the site of debris and dead bodies for the rest of their lives.
“The death toll for the Reno National Championship Air Races hit 11 and the country held its breath, hoping it would stay there, but mourning the ones lost in the crash,” said Daren Monroe, who writes for Litigation Funding Corporation in Southfield, Michigan. “It was a day that would forever stay emblazoned in everyone’s mind who saw the plane hit the ground and disintegrate.”
Although the pilot, an experienced man of many years, was killed, he was also credited with pulling the plane up before it took out the whole bleacher section where it crashed. In addition to the 11 dead, there were roughly 70 people injured who were taken to various hospitals in the area. Many were in critical condition, some were lucky enough to progress to fair condition after a few days and some were still listed in serious condition.
“Despite the fact that the pilot did pull up and averted an even worse tragedy, there are 11 people dead as a result of something that went wrong in the cockpit of that airplane that day and over 70 badly injured people who are struggling with their injuries whose lives are forever altered,” Monroe added.
Will there be wrongful death lawsuits and personal injury suits filed as a result of this accident? “It would be a major surprise if there were not,” stated Monroe. “There are a lot of people who were left behind and now face the financial loss of a family member, and many people may not be able to work again and may need care for the rest of their lives. Someone will need to be responsible for those expenses.”
The affected families in this case may wonder where they will get the funds to pursue a lawsuit for justice and still have to pay their other ongoing expenses. The perfect answer for them may be litigation funding. Lawsuit funding, also referred to as pre-settlement funding, is a lawsuit cash advance based on the premise that the case will win in court at a later date.
Once an injury lawyer has been hired, the family may fill out an application form for legal funding and have their case assessed. It is typically reviewed within 24 to 48 hours and a decision made to proceed. Any monies the lawsuit loan company wires to a plaintiff goes directly to the person’s bank where it can be used to pay for very important things such as medical bills, therapy, medications, funeral and burial expenses and the usual monthly expenses we all have.
Once a plaintiff has pre-settlement funding backing their case, they have no need to take any settlement offers from insurance companies trying to get them to settle for less than what they will likely get in court. “Insurance companies are cheap, and will use pressure to guilt a plaintiff into settling early and cheaply if they can. With a lawsuit case advance, this does not happen,” Monroe indicated.
Litigation Funding Corporation
29777 Telegraph Road, Suite 1310
Southfield, MI 48034
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