Fortunately, Global Financial Credit, LLC (http://www.glofin.com) offers low cost settlement loans against pending legal claims. A Settlement Loan is not actually a loan but rather a cash advance against any proceeds that may be received from the pending litigation. If you are injured and have hired a lawyer to represent you then you qualify for a settlement loan against the potential future proceeds you may receive from your lawsuit. You do not have to personally guarantee anything and there are no credit checks or income verifications.

Global will advance you a portion of your future settlement dollars today in return for a portion of your proceeds when the case settles. If the case is lost for any reason then no money is owed back to the funding company. The plaintiff would keep the money that was advanced from the Settlement Loan for free. Settlement Loan advances can be used for the necessary living expenses that so many injured people fall behind on when they have been in a major accident.

Global does not charge any application or upfront fees to apply. Once a plaintiff receives a settlement loan advance from Global there is a monthly fee of 3.99% that accumulates until the case is settled won by judgment. For those who have been injured in any type of accident and have a pending legal or worker compenstaion claim, Global Financial can provide you with some of your future settlement dollars, today.

About the author

Wensley McKenney is a Managing Director at Global Financial Credit, LLC. He has 15 years experience in the financial and legal fields. http://www.glofin.com, wensley@glofin.com

Certain companies like Global Financial (http://www.glofin.com) offer low cost cash advances to victims of personal injury & work related injuries. The cash advances can be obtained quickly and with very little personal credit, however, there are those that oppose this type of financing. Some lawyers point out that the fees are high for their clients and that other options like disability insurance or government programs may be more beneficial and less costly.

On the other hand, many Law Firms have used this type of financing to market their services to potential new clients and they realize that offering immediate cash flow can help their clients pay bills until they can heal their wounds and get back to work. It is clear that large insurance carriers are content to wait out the financially desperate plaintiffs that are desperate to settle their cases.

Plaintiff Funding can be used for many thing, many of which may directly increase the value of the legal claim. For instance, if a plaintiff does not have healthcare insurance but needs surgery, they may apply for plaintiff funding which can pay for their medical procedure and significantly increase the value of the legal claim. Even though the plaintiff will pay fees for the funding, the increased value of the legal claim will far outweigh the fees charged.

Regardless of your opinion of Plaintiff Funding, it is a new specialty finance area that is here to stay and like all other types of financial transactions it may have benefits or negative aspects depending on the terms and parties to the transaction.

About The Author

Wensley McKenney is a graduate of Tulane University and has 15 years experience in specialty finance and personal injury law. http://glofin.com, wensley@glofin.com

Personal Injury Attorneys began advertising for the first time in 1980 when firms like Jacoby & Meyers began to advertise on television and radio to solicit clients. Before this, no law firm in the United States had attempted advertising other than in the Yellow Pages. Jacoby & Meyers television advertising decision was a success and since that, thousands of Law Firms have decided to join in. At first there was a real concern from the American Bar Association that advertising for personal injury cases would tarnish the image of lawyers in general and bring about more frivolous lawsuits. In 1996 the ABA released a comprehensive advertising study of member law firms. In the report the study concluded that television advertising brought legal services to the poor that were not previously known or accessible and that the images of personal injury lawyers were not tarnished.

Frivolous personal injury lawsuits?

Frivolous lawsuits are often misunderstood by the public at large. A Frivolous lawsuit is by definition: A lawsuit is termed frivolous if it is brought in spite of the fact that both the plaintiff and his lawyer knew that it had no merit and it did not argue for a reasonable extension or reinterpretation of the law or no underlying justification in fact based upon the lawyer’s due diligence investigation of the case before filing (i.e. the well known U.S. Federal Rule 11). Since it wastes the court’s and the other people’s time, resources and legal fees, it may result in sanctions being levied by the court upon the party or the lawyer who brings the action. (Source: http://www.wikipedia.org). Frivolous lawsuits are misunderstood because many people do not understand the actual legal process.

The term Frivolous Lawsuits is most often used when referring to medical malpractice cases. Again, the argument that too many frivolous lawsuits are costing Doctors, Insurance Companies and their policy holders billions of dollars every year is simply not true. In most states a Medical Malpractice case cannot be brought unless a panel of three doctors review the claim in detail and agree that there was “gross medical malpractice”. These Doctors are peers to the same Doctor that they are accusing and it is human nature to be nice to your peers. In addition to the fact that it is very difficult for a panel of three doctors to unanimously agree that there was gross medical malpractice, it is extremely costly for a Personal Injury Lawyer to pay for expert witnesses & related case costs that are required to build a case against the defendant.

Frivolous lawsuits have also been associated with personal injury cases in which the client has only minor injuries. Sustaining minor injuries in a car accident or other personal injury accident and making a claim is not frivolous, it is a persons right. It should be agreed that the claim will be small and the monetary award should reflect this but it should not be considered a frivolous lawsuit. In addition, if a personal injury lawyer takes a case on a contingent payment basis then it would not be wise to take a case unless the legal claim is valid. Jacoby & Meyers was one of the first law firms to establish the fact that a contingent fee arrangement between lawyer and client is the framework necessary to level the playing field among defendants & plaintiffs in the pursuit of justice.

Personal Injury Lawyer’s incentive to bring valid cases to trial

The final reason that a Personal Injury Lawyer brings value and credibility to our legal systems relates to the time our justice systems takes to play out each lawsuit. In most jurisdictions it can take up to 2 years to obtain a trial date and so the Defendant has a clear advantage in delaying or even offering a fair settlement offer to the Plaintiff. Personal Injury Lawyers advance case cost money from their own funds when building a claim for their client. The are not only risking their time but their hard earned money when they fight a personal injury case for a plaintiff. This financial structure of a pending legal claim is the right framework to allow those personal injury claims with good merit make it to trial regardless of the financial strength the plaintiff. Many valid personal injury claims would be given up for financial reasons if the personal injury lawyer was not able to fund case costs. Even Defendants that have admitted liability are not inclined to make a fair settlement offer until a trial date is near. A Personal Injury Law Firm like that of Jacoby & Meyers realizes that a weak case will most likely be sent to trial and therefore be inclined to take strong cases that have a far better chance of settling prior to trial or even the filing of a lawsuit. In some cases a Plaintiff may obtain a Lawsuit Loan from a company to help pay bills until a fair settlement is reached.

Legal System needs change

The legal system in America does need some change and of course it will never be perfect. One change that would help avoid unnecessary claims and lawsuits is to have a panel of three experts in the field that the suit is being brought to filter out those claims that have no merit. This has been done rather successfully in the Medical Malpractice area and different forms of this approach may be successfully used in other parts of personal injury law.

In Conclusion

The Personal Injury Lawyer brings a very valuable legal service to the citizens of the United States, regardless of the economic standing. A contingent fee arrangement with their client is a structure that was formed around the time Jacoby & Meyers began advertising on television and has created a section of our legal system that works smoothly for all parties involved. Many plaintiffs that would not otherwise be able to receive legal services are now being serviced while the same lawyers screen for only the valid personal injury claims as not to waste their own time. It is time we recognize that the Personal Injury Lawyers provide a very valuable and necessary service to the citizens of our society. William Gladstone said “Justice delayed is Justice denied” and I couldn’t agree more. Our legal system in the United States may have some flaws but it is the Personal Injury Lawyer that improves the system. It is time we recognize that the Personal Injury Lawyers provide a very valuable and necessary service to the citizens of our society.

About The Author

Wensley McKenney is a graduate of Tulane University and has 15 years of legal and financial experience. He has consulted some Law Firms in 23 states about marketing their practices. http://www.glofin.com, wensley@glofin.com

Companies like Global Financial, which provide cash advances against personal injury and worker compensation cases in 48 states (http://www.glofin.com) can help with the settlement process. There is nothing worse than a financially desperate plaintiff when trying to achieve the highest settlement offer. Personal Injury Settlement is a very delicate process when you have a deep pocketed defendant trying to low ball offers to a financially desperate plaintiff. In many personal injury settlement situations an attorney will seek the financial support of a funding company to give his/her client the support to stand up to a low ball insurance offer and fight for a higher settlement offer.

The settlement process in itself is a cat and mouse type of game with the personal injury settlement attorney trying to convince the insurance adjuster that his/her client has a strong case and that the insurance carrier should offer money even before a lawsuit is filed.

If the personal injury settlement process is not successful then the litigation process may take place. Although this may be an expensive and lengthy process it can often yield far more money for the plaintiff. It is unfortunate that the playing field among personal injury victims and large insurance carriers is not level. It is actually a shame to think that a billion dollar company will low ball their offer to end a personal injury settlement when a severely injury victim is just looking for a fair shake!

Unfortunately this happens everyday and if not for companies like Global Financial (http://www.glofin.com) plaintiffs may be financially desperate enough to accept far too much for their injuries.

About The Author

Wensley McKenney is a graduate of Tulane Unversity and has 15 years experience in evaluating and consulting personal injury and worker compensation claims. http://www.glofin.com, wensley@glofin.com

It is clear that large insurance carriers for defendants in personal injury cases will make low ball offers to see how desperate a plaintiff may be. They are using their financial superiority in hopes of achieving a settlement amount that is lower than the ultimate value of the plaintiffs claim. It seems to be a game of cat and mouse in which the cat represents the defendants insurance carrier and the mouse represents plaintiff. Fortunately, litigation funding companies like Global Financial (866-709-1100) can help level the playing field for personal injury victims and allow plaintiffs to receive a full and fair settlement or judgment.

It is important to note that Litigation Funding can be considered as a form of insurance against a potential loss in the legal claim. In other words, the plaintiff receives a financial guarantee that they will receive a financial recovery regardless of the outcome of the legal claim. If there is no financial recovery from the legal claim then the plaintiff will still obtain a financial recovery from the claim by keeping the cash advance received from the litigation funding company without obligation to repay any amount. If, however, the legal claim is successful, the plaintiff is only obligated to repay the cash advance they received plus fees. Regardless of the outcome, a plaintiff is guaranteed a financial recovery and that is assurance or insurance no matter how you look at it.

About The Author

Wensley McKenney is a graduate of Tulane University and has 15 years experience in the financial and legal fields. His firm Emerson Capital, Inc. has raised more than $125 Million of public companies.

http://www.glofin.com, wensley@glofin.com

Companies like Global Financial (http://www.glofin.com) offer cash advances against all types of Personal Injury & Worker Compensation claims. It works like this: Global Financial will review the merits of an applicant’s legal claim and determine the chance & size of a financial recovery. They then offer the claimant a small percentage of the total value of their claim in return for an assignment of a portion of the potential future proceeds in the claim. If there is no financial recovery from the claim then the funding company receives nothing. This makes lawsuit loans very risky and actually a venture capital investment rather than an actual loan as the names suggests.

The fees charge by lawsuit loan companies can vary dramatically but it is usually best to stick with the larger companies, like Global Financial (http://www.glofin.com) because they work on larger volumes and lower pricing. Usually a funding company will charge either a monthly fee or a flat fee depending on the risk associate with the claim.

It is my personal opinion that a claimant should ask themselves one question before applying for a cash advance against their pending claim. Will the advance that I receive pay immediate and necessary living expense? If the answer is yes then you should accept a cash advance and continue with your legal claim. If the answer is no then it might be wise to hold off and wait before applying for a lawsuit loan or cash advance against your pending claim. In addition, a lawsuit loan may be a very important tool when the defendant’s insurance carrier decides to make a low ball offer for settlement in the claim. You can then use a lawsuit loan as a financial tool to say no to the low ball offer and have the financial strength to wait for a higher and fairer settlement.

Lawsuit Loans have been trademarked by Global Financial as “Lawsuit Insurance” because they offer insurance like protection to plaintiffs in the event that their claim is unsuccessful. If a plaintiff takes a cash advance against their pending legal claim and their claim is unsuccessful then they get to keep the money that was advanced to them. Thus the cash advance guarantees that their claim will be financially successful either by way of the cash advance or by way of settlement or judgment.
About the Author

Wensley McKenney is a graduate of Tulane University and has 15 years of experience in the financial and legal fields.

Lawsuit Insurance is a trademark of Global Financial Credit, LLC, http://www.glofin.com, wensley@glofin.com

UTU & BLE Union members and their designated counsel have been facing a problem with regards to injured railway workers and the protection they are entitled to. These union members are covered by the Federal Employee Liability Act or FELA which protects them due to their dangerous occupation, however, in recent years the large Railroad companies have been using sly tactics to try and show that on the job injuries are declining and that the FELA should be repealed. They are offering Maintenance Income or Maintenance Wages if an employee who is claiming to be injured does not hire an attorney to represent him/her in a FELA claim. The railroads have even been known to try to influence doctors in how they treat injured railway workers in an effort to reduce the number and severity of reported injuries.

The conditions that railroad workers face each day is deteriorating at a rapid pace. Old tracks and switches that have not been updated for decades are being ignored until there is a major injury or death caused. It seems that the railroad companies believe this is the most cost effective way of dealing with the maintenance of their equipment which is at the cost of the health of the very employees that run their trains.

Pressure should be put on the railroad companies at the highest level and all railroad workers. It is important that the members of the UTU and BLE unite together in this common effort to make the railway a safer place to work. These unions have not typically worked together, however, this is a common cause that affects each organization and its’ members alike and should be addressed in unity.

The National Association of Railroad Passengers (http://www.narpail.org) is responsible for investigating major accidents. Train accidents have been occurring ever since trains have been running.

OUR VIEW OF THE CURRENT FELA SITUATION

Our own view of the Federal Employee Liability Act (FELA), as it relates to Union Railroad workers, is that something must be done now to stop the major railroad companies from convincing the United States Federal Government that railroad workers are much safer today and that the FELA should be abolished. Their lobbying efforts and financial tactics of advancing wages to injured workers are having a real affect on the future of FELA and the protection it brings to BLE members and UTU members (http://www.ble.org, http://www.utu.org) . They are making the argument to the government that railroad injury claims are steadily declining and that this is a direct correlation to a safer working environment for its railroad workers. This is not true and the only statistics we believe to be true are that injuries remain steady amongst railroad workers while injury claims have declined since the railroad companies began offering maintenance income to injured workers.

At Global Financial Credit, LLC (“GLOBAL”), we believe all workers need access to affordable financing so they can make their own choice about whether to report an injury or not. Union workers should not be forced into letting short term financial requirements determine the choices for their future and that of their family. Our Maintenance Income financial products are designed to provide low cost financing to injured workers so they can make their own choices without influence from their employers.

THE PROTECTION OF FELA

Since 1908 the Federal Employee Liability Act (FELA) has protected railway workers from the dangerous job they face every day. In concept the FELA is very similar to both the Jones Act and the Labor Laws in each state. This law protects injured railway workers in the same fashion as the Jones Act. If a railroad worker is injured on the job then their injury is not subject to worker compensation laws but rather to FELA. The FELA allows injured railway workers who may be members of the BLE (http://www.ble.org) or UTU (http://www.utu.org) to sue their employer for lost wages, future lost wages and pain & suffering. The FELA dates back to the early 1908 when the average life of a railroader was only 9 years. The railroad conglomerates have been lobbying the United States congress to repeal the FELA which shows very little simpathy to the hard working BLE & UTU Union members who risk their lives every day so the people of our country can receive the transported goods which must travel by railway. When workers are injured they may have some type of disability insurance or they may apply for a lawsuit loan cash advance from companies that offer low rates on FELA cases. Global Financial (http://www.glofin.com) is one such company that offers low cost cash advance on pending FELA claims.

Litigation Funding is a new industry which will grow substantially so that the under-financed plaintiffs of this country can stand up to the deep pocketed defendants and receive the settlement they deserve from the injuries they sustained by the negligent acts of another. Global Financial has become a specialist in the field of providing litigation loans.

EXPERIENCE & FINANCIAL STRENGTH

Our team brings to BLE and UTU Union Members and their families the unlimited financial resources needed to achieve a truly fair settlement or judgment from their FELA claim. GLOBAL is not capital constrained and does not have to raise money every time a case is funded.

GLOBAL’s infrastructure was designed to fund more than 5,000 advances per month totaling over $20,000,000. Our experience from evaluating more than 23,000 personal injury, FELA & Jones Act cases in the past 5 years qualifies us to serve Union Workers by quickly evaluating their claims and approving them for financing within hours of their application.

WHAT GLOBAL CAN PROVIDE

GLOBAL can provide the following to Union Worker’s sanctioned under the division of the IBT Conference that have hired a designated union attorney and have a pending FELA claim.

Standard Maintenance Income equal to that offered by railroad
No taxes deducted from income so more money into their pocket.
Our lowest fees ever offered (see below)
Direct Deposit available
GLOBAL plays no role in the FELA claim itself.
Designated Toll Free number for Union Worker applications.
If the case is lost then the Union Worker keeps the money and has not obligation to re pay it. It is not debt. It is only repayable if the case is successful.
Financial independence to see their FELA case through.
Security knowing that repayment is contingent upon a successful resolution in the FELA claim.
MAINTENANCE WAGE RATES

GLOBAL offers and exclusive, low rate to BLE & UTU Union Workers in exchange for a portion of the FELA settlement amount. Following a train accident or train wreck the Railway Companies offer Maintenance Wages to BLE & UTU members if the member does not hire counsel to represent them. These members can now report the injury and get Maintenance Wages from Global while they are waiting for their settlement. The rates would be as follows and applies to:

BLE & UTU Union Workers – 1.99% per month
ARLA Member rates – 2.99% per month
GLOBAL standard rates for non members – 3.99% per month
All Fees and the repayment of principle are contingent upon the successful resolution of the FELA claim. If the case is lost then we lose all of our money and so our Fees must reflect this risk. This level of risk is not acceptable to conservative banks or credit unions, which is why they are not in our business.

About The Author

Wensley McKenney is a graduate of Tulane University and has 15 years financial and legal experience.  http://www.glofin.com, wensley@glofin.com

There are several revelations within the legal system that can assist accident claimants in their pursuit of justice. Firstly, Personal Injury Attorneys that work on a contingency basis allow accident claims to be pursued by Plaintiffs without the financial constraints of paying attorney’s fees. Secondly, financial companies like Global Financial (http://www.glofin.com) offer financial services that allow plaintiffs to pursue their accident claims and receive a full and fair settlement. Financial service companies pay for surgical procedures, diagnostic tests, physical therapy and ever general living expenses for plaintiffs that are pursing an accident claim.

George W. Bush has just been re-elected and is trying to take the rights of Personal Injury victims away and this type of government may restrict accident claim victims from obtaining a full and fair settlement for their injuries. It is important for personal injury attorneys and their plaintiff clients to pursue justice to the final end which helps accident claim victims in the future get their full and fair settlement. With Personal Injury lawyers that are willing to pursue accident claims to the courthouse and companies that offer financial assistance to help injured claim victims, deep pocketed defendants are up against a tough fight.

It is quite simple, Plaintiffs need financial support to pursue their accident claims and it is exactly that support that will help the population of the United States save their civil liberties to obtain fair compensation for injuries caused by the negligent acts of another. Trial Lawyer Associations and reputable Pre Settlement Funding companies will help innocent victims of personal injury collect a fair settlement amount for their accident claims. Our justice system should always be fair to all parties but unfortunately financial strength plays too large a part in who can pursue an accident claim and be successful.

Until the United States legal systems levels the scales of justice there will be a need for contingency lawyers and financial companies to support plaintiffs in their pursuit of justice for personal injury and accident claims.

About The Author: Wensley McKenney is a graduate of Tulane University and has 12 years experience in the financial and legal fields. www.glofin.com wensley@glofin.com