Lawsuit Financial Announces McCormick Decision Restores Rights of Victims to Recover Compensation

Sept. 21, 2010 - PRLog -- Southfield, MI – Lawsuit Financial Corporation (www.lawsuitfinancial.com), a leading national lawsuit funding company, today announces that, in Michigan, the McCormick decision (McCormick v Carrier) should help restore the rights of victims of serious automobile accidents to recover compensation for pain and suffering that results from their injuries.

This well-reasoned opinion reverses the Kreiner decision and restores application of an amended no-fault threshold, as passed by the Michigan Legislature in 1995. The McCormick decision recognizes that the Kreiner decision, which it overruled, was nothing more than judge-made law that constituted a radical departure from the specific language and overall intent of the Michigan No-Fault Act. Under the Kreiner decision, auto insurance companies were forcing victims to file lawsuits so they could defeat legitimate claims in court. Under the McCormick decision, insurance companies will now be forced to recognize legitimate claims and deal with innocent victims in a fair and just manner.

“The McCormick facts and circumstances were a perfect illustration of the unfairness and injustice of the Kreiner decision,” stated attorney Mark Bello, owner and founder of Lawsuit Financial Corporation. “Under a Kreiner-type analysis, McCormick would have recovered nothing, despite receiving very serious injuries. Kreiner created an almost impossible hurdle for a litigant to overcome. Now, with McCormick as the law of the land, people who have suffered a serious injury have a fighting chance to be compensated for the pain and suffering they have endured.”

“Too often we see victims of serious accidents having their lives turned upside-down physically and financially as a result of the serious injuries they have sustained. Our goal is to provide financial relief to litigants in this situation who need financial assistance but do not qualify for traditional loan products,” continued Bello. “Litigation funding seeks to assure that plaintiffs don’t settle a case too early—for too little—just to get the bills paid.

Contact Lawsuit Financial today at 1-877-377-7848 for a free consultation.

About Lawsuit Financial Corporation
Lawsuit Financial (www.lawsuitfinancial.com) has been in business for 12 years and specializes in delivering lawsuit funding during the pre-settlement stage of trial so plaintiffs can focus on their pending case, not their financial responsibilities. Lawsuit Financial will fund many types of litigation, including malpractice, personal injury, product liability, wrongful death, auto accident, premises liability/slips & falls, and employment suits, among others. The primary reason to obtain legal finance services for living expenses, medical bills, mortgage, car payments or other important obligations is to prevent a litigant with a valuable pending personal injury case from settling too early, for too little compensation, because of serious financial concerns.

Contact:
Mark Bello
Lawsuit Financial Corp
29777 Telegraph Road
Suite 1310
Southfield, MI 48034
877-377-7848
lawsuitllc@yahoo.com

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Lawsuit Financial (www.lawsuitfinancial.com) provides solid litigation investment returns while delivering lawsuit funding to cash-strapped plaintiffs, allowing them to focus on their pending case – not on their financial responsibilities.