Losing a loved one is always tragic but your grief is compounded when your loved one’s death was due to someone else’s negligence. A wrongful death settlement can’t erase your grief or bring your loved one back but when you are struggling financially after a loss, a settlement can lift some of that burden and allow you the space to begin healing.
The downside to the legal process is that wrongful death litigation can take a very long time. Stonewood Funding offers wrongful death lawsuit loans to help you cover immediate and necessary expenses while you proceed through this lengthy process.
Pre-settlement funding can offer you a piece of your eventual injury settlement in advance so you can get immediate financial relief while waiting for your final settlement.
Surviving Family Members Benefit From Lawsuit Funding
Lawsuit funding can help you and your family stay financially afloat, especially if you have lost your family’s breadwinner. After all, you still need to pay bills, rent, car payments, and your loved one’s burial expenses. You may even have hospital bills if your loved one received medical care before their passing.
Handling these expenses when you’re grieving is hard enough. But if you were financially dependent on your lost family member, it’s easy to find yourself in a very difficult financial situation without lawsuit funding or other financial help.
Wrongful death legal funding is designed to help you and your family regain financial independence, both in terms of covering expenses and making up for your late family member’s lost wages. A lawsuit cash advance gives you that help right away while your case settles.
What Is a Wrongful Death Personal Injury Claim?
Wrongful death claims can be filed if someone is killed due to another person’s wrongful conduct or negligence. Some of the most common wrongful death lawsuits are due to dangerous or defective products, medical malpractice, motor vehicle accidents, and premises liability claims.
In a wrongful death claim, you must prove two things: (1) that the other party acted wrongfully or negligently and (2) that that action directly caused your loved one’s death.
With a wrongful death claim, you may be entitled to two types of damages: economic and non-economic. There are several types of economic damages you may be able to recover, including:
- Wages and other types of financial support the victim’s family would receive if the victim were still alive
- Remaining medical bills related to the accident that caused the death
- Funeral and burial expenses
- Loss of any benefits the family would have received
- Loss of any household services the victim may have provided
When you’ve lost a loved one, the damages extend far beyond the financial realm. Wrongful death lawsuits can also award non-economic damages your family has suffered, including:
- Mental anguish and loss of the loved one’s love, companionship, and support
- Loss of training and guidance from the victim
- Loss of opportunity for sexual relations with the victim
The exact types of damages you can receive in a wrongful death lawsuit may vary slightly by state. Your attorney can review your case and tell you what types of wrongful death funding you may be eligible for.
Who Qualifies for Wrongful Death Lawsuit Funding?
Not everyone can file a wrongful death lawsuit or qualify for wrongful death funding. You must have had a significantly close relationship with the victim. These parties may be able to file a suit:
- The victim’s spouse
- The victim’s children
- The victim’s stepchildren
- The victim’s domestic partner
- The victim’s parents
Certain parties have priority when it comes to filing a wrongful death lawsuit. Children, spouses, and domestic partners have the first opportunity to do so. If the victim had none of these, then the other parties may file. To recover compensation, these parties must be able to demonstrate their financial dependence on the victim.
What Expenses Can Pre-Settlement Funding Cover for a Wrongful Death?
How much funding and financial assistance you can recover will depend on several factors, including how much your loved one earned and contributed to your household costs. The costs you incur after your loved one’s death can be astronomical. Hospital bills can add up quickly, and funeral expenses are usually at least $7,000 to $9,000.
Pre-settlement funding in the form of a cash advance can cover a range of expenses, including:
- Costs for memorial services, funerals, and burials
- Property damage (like damage to your car in a motor vehicle accident)
- Any remaining medical expenses
- Regular monthly expenses (rent, utilities, groceries, credit card payments, etc.)
- Attorney fees and other costs of pursuing legal action
- Other everyday expenses
It’s hard to say exactly how much you may recover in damages. With a successful wrongful death lawsuit, most people recover between $500 and $500,000, though the amount can vary quite a bit depending on individual circumstances.
Why Work with Stonewood Funding for Wrongful Death Pre-Settlement Funding?
At Stonewood Funding, we know how stressful it can be to wait for a wrongful death lawsuit to settle. A pending case can be drawn out by the insurance company of the opposing party and other delays in the legal system. But without some immediate wrongful death lawsuit funding, it’s easy for a family to face financial ruin.
With our lawsuit funding, you can get an immediate cash advance before your case is settled. This type of lawsuit cash advance is often called a “lawsuit loan,” but it doesn’t operate like a traditional loan where you receive funding and then pay it back in installments.
Unfortunately, some families of victims never end up applying for wrongful death lawsuit funding because they don’t think they can afford it. In some cases, they’re correct, as some funding companies require you to pay back the legal funding even if you don’t win. This can put your family back into the same financial predicament they faced before the cash advance.
By contrast, applying with us is completely risk-free. You only pay back the funding if you win your case and receive a successful settlement. If you don’t win, the money is yours to use to pay your expenses and you don’t pay us back anything.
When we’re considering you for wrongful death lawsuit funding, we also don’t take your credit history or score into account; our decision is based solely on the facts of your case and how likely you are to win a settlement. And when you apply, your credit score will not be affected.
We know your bills don’t stop with the loss of a loved one, so we’re committed to getting you a lawsuit cash advance as soon as possible. Here are the three simple steps to get started:
- You apply for legal funding (before you do this, make sure to contact your attorney and give them permission to speak with us)
- We review the facts of your case and the rest of your application
- If approved, you get a cash advance pretty much right away (within 24 hours)
Stonewood Funding strives to be a cut above other funding companies. We keep our application process simple, quick, and risk-free.
Apply for Wrongful Death Lawsuit Funding Today!
We know that struggling with grief and financial instability can be agonizing, and it might feel like there’s no way out. But a lawsuit cash advance is within reach! Let us help you find security as you grieve. Apply online today or call now at 844-544-3863(FUND).
FAQ About Wrongful Death
How Long Does a Wrongful Death Lawsuit Take?
Wrongful death lawsuits can take anywhere from a few months to four years or even more. Unfortunately, without knowing the facts of your case, it’s impossible to tell how long yours may take. In general, lawsuits will take longer if there’s a large settlement on the line. The larger the settlement, the more likely insurance companies are to drag out the process. They often do this to see if the victim’s family will run out of money and accept a lower settlement amount. That’s one more reason to work with an attorney and a lawsuit funding company you can trust. The insurance companies are not on your side!
How Can a Wrongful Death Settlement Loan Help Surviving Family Members?
Wrongful death lawsuit funding (sometimes called a lawsuit loan) can help family members stay financially stable and gain financial independence as they wait for a settlement to come through. This type of cash advance can help you cover costs related to the death, including medical and burial costs. It can also help you cover bills and everyday expenses.
Are Wrongful Death Cases Hard to Win?
Sometimes, they are. The most important factor is how obvious the other party’s negligence was. For example, if your loved one was hit and killed by a trucker who was drunk on the job, your lawsuit will likely be resolved quickly. You may even be awarded a settlement without filing a lawsuit. However, in other cases, negligence takes more time and resources to prove. One example is medical malpractice. These cases are very complex and difficult to litigate. In many cases, you also need an experienced malpractice attorney to represent you.