Lawsuit cash advances on Slip and Fall cases (Premises Liability)

March 27, 2008

I get referred a fair amount of premises liability cases. These among the medical malpractice cases can be some of the hardest to fund. Of the cases that get declined, premises liability cases have the highest decline rate in my 4 years of doing this.

To avoid getting declined, there are three factors that need to be present. The first is that the liability must be clear and strong. The defedant has to undeniably be liable. The stronger the liability, the more likely you are to receive an advance. The second factor are damages. That is, how you were affected by this either physically, economically, mentally, etc. In some states that have been crushed by tort reform this can be limited. However, the basic rule is that the more serverely injured you are (not just physically but economically) the better chance you have of getting an advance on your slip and fall case. The third and final factor is the strength of the defendant’s ability to pay. This is usually an insurance company so the policy limits and the company can make a big difference here.

If you have those three factors working for you, there is a good chance you will be able to get a lawsuit advance.

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Posted by Rob Thomas | Filed Under Blog, cash advance, lawsuit advance, lawsuit cash advance, lawsuit funding, litigation funding, plaintiff funding, presettlement funding, settlement funding 

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