Pre-settlement lawsuit loans in California.

Settlement Claims in California

California is the most populous state in America and has high-rated commercial activities in the country. You can imagine the level of car accidents, personal injury, and even death toll due to the population and the state's ongoing commercial activities. Since 2013, accident deaths in California have increased by 23.5%. Now, California accounts for 11% of the nation's auto death, with a total number of 3,898 deaths in 2017 and 276,823 injuries. The state's auto accident statistics in 2018 were also higher than those for 2017, and they ended in fatalities. The death toll, personal injury, and fatality are not limited to car accidents alone. Between the 2016 – 2017 fiscal year, the number of civil lawsuits filed was above 250,000. You can imagine the number of car accidents and see how uneasy it is to get an insurance settlement quickly. Despite this information, alone in May 2020, during the COVID-19 pandemic, while people were mostly at home, people who were killed in car crashes in LA alone is close to those who were killed in May 2019.

Accident stats in California according to the California Office Traffic Safety: 

• Accident stats in California: The fatalities that involved drinking and driving decreased by 6.8% from 1,147 in 2017 to 1,069 in 2018.
• Passenger seats: Fatalities for passengers in all seating positions decreased by 4.3% from 625 in 2017 to 598 in 2018.
• Motorcycle Accidents: Deaths involving motorcycle accidents decreased by 15.57% from 578 in 2017 to 488 in 2018.
• Pedestrian Accidents: Pedestrian car accident-related deaths decreased by 5% from 940 in 2017 to 893 in 2018.

Main causes of fatalities in car accidents in California: 

• Speeding;
• Making a wrong turn or against a one-way street;
• Taking the red light or stop sign;
• Driving while intoxicated under alcohol.

The insurance: 

California operates under pure comparative negligence law. This means that the jury will determine each party's level of culpability. For example, a plaintiff who is 10% at fault for contributing to a car accident and his injuries will only be 10% percent liable for the accident and injuries. The damages that a plaintiff can recover is based on the degree of his own causing. Basically, injured plaintiffs can collect a settlement even if they are at 99% at fault. Statute of limitations in California:

The statute of limitations in California can go up to ten years. The following list will give you a clue if you still have time to proceed with a lawsuit:

Personal injury: 2 yrs. Civ. Proc. §335.1;

False imprisonment: 1 yr. Civ. Proc. §340(c)

Libel/Slander: 1 yr. Civ. Proc. §340(c)

Medical Malpractice: 1 yr. from discovery, 3 yrs. if the injury is known Civ. Proc. §340.5;

Judgments: 10 yrs. Civ. Proc. §337.5

The legal funding company: 

With these laws in California, insurance settlement claims can seem stressful for plaintiffs in CA because insurance companies purposely delay settlements and payments. If you need to get a quick financial solution to hurriedly cover up your expenses due to the stresses of the lawsuit, you could obtain a lawsuit loan in the state of California from Baker Street Funding. We have fast turnarounds and can approve a no-fault case by the next-business-day. Baker Street Funding provides you with financial aid before your settlement claim is approved, and after you have settled your case. Please always consult your attorney for a question regarding your claim.