MANASQUAN, N.J., March 30, 2015 /PRNewswire/ -- Fair Rate Funding, a lawsuit funding company, reports a dramatic increase in lawsuit funding applications for accidents which occurred during recent winter months. The industry leader suspects the weather has something to do with it.
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According to some accounts, snowfall totals in the Northeast were up by several hundred percent. For example, according to weatherworksinc.com, Philadelphia's total snowfall was up 309% as of March 9th. The temperature levels were significantly colder than normal as well.
Large amounts of precipitation and cold temperatures make for slippery road conditions. And obviously slippery roads lead to more accidents. More accidents lead to more injuries and thus more lawsuits.
"Due to extreme cold and steady precipitation this winter season, we have seen a spike in the amount of automobile accident lawsuit funding applications for accidents occurring since December 2014," said Paul Coppola, President. "Many northeast cities such as New York, Boston, and Philadelphia recently endured one of the coldest winters on record. It makes sense that icy road conditions would lead to more accidents."
Fair Rate Funding, a leader in the lawsuit funding arena, has seen a marked increase in not just automobile accident lawsuit funding applications but also other lawsuits such as slip and falls and workers' compensation cases.
Marjorie Ray, Head of Client Relations, stated, "Slip and fall lawsuit funding applications are up by 20% as compared to last year's slip and fall applications in New York City, New Jersey, Philadelphia, Hartford, and Boston. We think the weather was the trigger for this increase because many occurred on icy surfaces." More information on lawsuit funding of slip and fall accidents can be found at: http://www.fairratefunding.com/slip-fall-cases.html
Fair Rate Funding specializes in advancing cash now for plaintiffs who are involved in personal injury lawsuits. Sometimes referred to as settlement loans or lawsuit loans, settlement funding is NOT a loan transaction but a purchase of a portion of a future recovery. If the lawsuit is unsuccessful for any reason and no money is recovered, the lawsuit funding is not repaid.
Fair Rate Funding, a lawsuit cash advance company, stands ready to assist car accident lawsuit plaintiffs with various lawsuit funding services if they have a lawyer already, including obtaining a lawsuit cash advance funding up to a $250,000 today. To learn more about obtaining settlement funding on your automobile accident lawsuit or pre-settlement funding on a car accident case, visit: http://www.fairratefunding.com/automobile-accidents.html
Fair Rate Funding works diligently to afford lawsuit funding to its applicants and has representatives standing by 24 hours a day, seven days a week to answer questions regarding the lawsuit funding process.
Fair Rate Funding's representatives are working around the clock to make sure each and every client gets the attention they need and to see them through to obtaining a cash advance. Fair Rate Funding is able to offer the lowest rates in the industry and will make the process as seamless as possible.
Fair Rate Funding lawsuit settlement funding programs are not a lawsuit loan or lawsuit loans although they are often referred to as such. A pre-settlement lawsuit cash advance is not a settlement loan or settlement loans because the advance is only repaid if the case is successful. Your attorney will repay your case funding or lawsuit advance ONLY if your case is won or settled.
Fair Rate Funding prides itself on providing the quickest approvals – as soon as 24 hours on most cases, the lowest monthly usage rates – as low as 2.5% per month, and the most attentive customer service in the lawsuit funding industry.
Fair Rate Funding also offers free case evaluations. If you are, at any time, not interested in pursuing lawsuit funding, there are no costs to you and absolutely no obligations.
For more information about lawsuit funding and other services from Fair Rate Funding, simply call one of our representatives at 888-964-2224 or visit us at http://fairratefunding.com.
SOURCE Fair Rate Funding
Related Links
http://www.fairratefunding.com
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