Can I Get a “Loan” During My Lawsuit?

We received a call from an injured victim asking “Will you fund my lawsuit?”  John went on to say that he was seriously injured in an auto accident and had been unable to work for months.  He filed a lawsuit, but has received no compensation to date; his attorney said it could be several more months before a settlement could be reached.  John had back surgery and will need extensive rehabilitation and physical surgery.  He constantly suffers from acute migraine headaches.  The doctors are not sure if John will ever be able to return to work full-time.  He contacted our office because the bills keep piling up and he is on the verge of losing his home.

In many cases, help is a phone call away. It's stressful enough when you or a family member is seriously injured without having to worry about losing everything. When things are financially at their worse during a personal injury lawsuit, many people turn to us for lawsuit funding.

Lawsuit funding is ideal for people who need help paying the bills while waiting for their settlement.  It works by borrowing money from a lawsuit funding company, such as Lawsuit Financial and promising to pay back the “loan” when you receive your settlement.  The cash advance can be used for anything, but is typically meant to pay medical bills and cover living expenses while the case is being fought.  Lawsuit Financial never charges up-front fees and we don’t require monthly payments.  Our funding is also risk-free. If you lose your case, you pay absolutely nothing. Additionally, there are no credit checks and applicants need not be employed.  The only qualifying factor to received lawsuit funding is a case with merit.  This is why a lawsuit cash advance is a smart alternative. In addition, a lawsuit funding will allow plaintiffs to wait for a just settlement, meaning they don’t have to settle early and perhaps get less than they would from the court.

Simply complete our online application or call our office; we will do the rest.  If your lawsuit funding request is approved, we will provide the money you need, easily and quickly; typically within 48 hours.  We are dedicated to getting you the money you need when you need it the most.

Plaintiff Perseverance Leads to Just Compensation

Let’s assume you suffered serious injuries in an auto accident due to the negligence of someone else.  You have filed a suit against the negligent driver to compensate you for your losses and the negligent driver’s insurance company has offered you a settlement.  Should you take it? The answer depends on the circumstances of your case.  An experienced auto accidentattorney is the best to help you understand your rights and your chances of prevailing at trial, but it is true that jury-awarded compensation may be higher than an insurance company settlement offer. Here is an example.

A woman filed an auto accident lawsuit alleging her serious injuries were the result of a driver distracted with a text message.  The insurance company offered to settle the case for $300,000 despite the plaintiff’s attorney seeking $500,000 based on medical expenses, loss of wages, and need for future surgery and medical treatment. The plaintiff preserved and fought for full and fair compensation. In the end, the jury reached a verdict of $680,000 plus costs and interest, including all past medical expenses, $77,000 in past wage loss and $316,000 in future damages, for an approximate settlement of $930,000.

While a jury award will usually result in a much higher settlement, taking an auto accident injury claim to court is a lengthy process that could take months, even years.  During this time, plaintiffs often find themselves struggling to pay the additional expenses associated with their case.  If unable to work, even the daily bills may be hard to pay.  Sometimes, a plaintiff will be successful at trial and still not receive just compensation if the defendant appeals.

During a lengthy and stressful litigation process, don’t be intimidated by the defendant to settle for less than you deserve. Pre-settlement funding is a non-recourse cash advance to help plaintiffs wait out the long, legal process for settlement or verdict justice, without having to settle too soon for too little because the insurance company has all the time, leverage and money, and use these tools to its advantage.  The cash advance is often the answer to handling unexpected medical bills and ordinary living expenses, all while trying to pick of the pieces of their shattered lives. Repayment is contingent on the outcome of the lawsuit, meaning if the plaintiff loses their case, they would not be obligated to pay back the cash advance.

If you were seriously injured in an auto accident and need financial assistance to help pay the bills while waiting for your case to settle, pre-settlement funding may be the answer. There is no cost to apply, no monthly payments to make, and no upfront fees of any kind. After completing an online application, your case will be evaluated and if approved, funds can be wired into your account within 24-48 hours. Why struggle any longer?  If you are a plaintiff who needs immediate access to money, consider pre-settlement funding from an experienced provider rather than settling below jury award.

After Five Years, Family Obtains Justice in Cerebral Palsy Case

Medical professionals should be held accountable for delays in diagnosis that lead to life-long damages. Errors left unpunished are far more likely to be repeated. Unfortunately, many times plaintiffs can’t afford to pursue legal action due to financial constraints during a long litigation process.  This is where medical malpractice lawsuit funding may help.

According to a medical malpractice lawsuit, St. Charles Hospital and an obstetric nurse failed to properly monitor a pregnant mother and her fetus, missed important signs that the baby was in distress, and then failed to take corrective action resulting in the baby being born with severe brain injury and suffering a form of cerebral palsy.  The suit claimed that if the nursing team communicated with the obstetrician just 15 minutes sooner, and delivered the baby, this tragedy could have been avoided.  The child, now ten-years-old, will be confined to a wheelchair for the rest of her life.

After a four year legal battle, the family was awarded a $130 million settlement, the second-largest medical malpractice verdict in New York.  The defense attorneys have declared a “jury out of control” and calling for more tort reform.  An appeal is expected.

One point worth noting in this case is that the hospital offered to settle the case in 2008 for $8 million. The plaintiff’s attorney felt the offer was not enough to cover the damages done to this young victim and her family nor to cover a lifetime of care, hence the plaintiff declined the offer.  Although the case took nearly five years to settle, the couple is happy to know their daughter will be provided for their rest of her life.

I don’t know this family’s financial situation, but I would guess that the medical expenses alone left them financially strapped.  During this long ordeal, they may have qualified for litigation funding, a non-recourse cash advance against their pending lawsuit.  If the defendant files for an appeal, litigation funding can still be an option to alleviate some financial burdens.

When a plaintiff is dealing will the loss of income and mounting unpaid bills, lawsuit funding can be the emergency cash needed while the plaintiffs' attorney focuses on seeking full compensation.  Funding is based solely on the strength of the case; if the case is reviewed and appears to be winnable, the application will likely be approved with funds available within 24 - 48 hours. No money is owed until the case successfully settles at which time repayment is made from the proceeds of the case.  If the plaintiff loses the case, repayment is waived completely.

If you have filed, or plan to file, a medical malpractice lawsuit and are represented by an attorney, you may be eligible for medical malpractice lawsuit funding.  For a free consultation or to apply, contact LawsuitFinancial.