Louisiana Medical Malpractice Lawsuit Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
Apply in Seconds
Louisiana Medical Malpractice Lawsuit Loan Information
If you’re a plaintiff in a medical malpractice lawsuit in Louisiana and are waiting for your case to resolve, you may qualify for a loan from LawsuitLoans.io. This pre-settlement funding can help cover your living and medical expenses in the meantime. Here are some key facts about these loans:
| LawsuitLoans.io’s average medical malpractice loan | $25,697.79 |
| Largest medical malpractice loan by LawsuitLoans.io | $137,471.03 |
| LawsuitLoans.io average semi-annual rate for medical malpractice lawsuit loans | 18.4% |
| Medical malpractice reports in Louisiana in 2022 | 787 |
| Louisiana medical malpractice statute of limitations | 1 year from the date of the act or omission or discovery, but not more than 3 years from the act. |
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Am I Eligible For a Medical Malpractice Lawsuit Loan in Louisiana?
If you have suffered harm due to medical negligence in Louisiana, you may be pondering whether you’re eligible for a medical malpractice lawsuit loan. We would like to point out the key criteria for eligibility here at LawsuitLoans.io.
Firstly, having a valid legal claim is perhaps the most important aspect of your eligibility. This means that you are suing an insurance company, self-insured company or a large public entity due to a practical case of medical malpractice.
Secondly, working with an attorney is another crucial requirement. Your attorney legally represents your interests and plays a key role in helping you procure a lawsuit loan. Therefore, if you have not hired an attorney yet, you should do so before applying for a pre-settlement loan.
Finally, as a loan applicant, you should be a legal adult which means you must be 18 years old or older. This is a standard requirement for all forms of loans, including medical malpractice lawsuit loans.
In summary, to be eligible for a medical malpractice loan in Louisiana from LawsuitLoans.io, you need to tick off these three requirements: having a valid legal claim against an insured entity, being professionally represented by an attorney and being at least 18 years old.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
How Much Money Can I Get From my Medical Malpractice Lawsuit Loan?
Medical malpractice lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. However, for settled police brutality cases, we are able to offer 50% of your expected portion of the settlement.
Let’s consider an example. Suppose you’re a Louisiana plaintiff pursuing a police brutality claim with an estimated value of $200,000. You are still receiving treatment for your injuries and we estimate it may take another year to resolve the case. Keep in mind that, as a rule of thumb, medical providers receive around a third of the settlement, the attorney gets another third, leaving about $65,000 for you. As we can offer advances of around 25%, you would receive about $16,250 from LawsuitLoans.io.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Can I Use the Money From my Medical Malpractice Loan?
The funds received from a medical malpractice loan obtained via LawsuitLoans.io can be used for a variety of purposes. They are designed to help support plaintiffs during the challenging process of their lawsuit. As a plaintiff, you often are dealing with physical, emotional, and financial struggles following your incident. The primary purpose of these loans is to provide you with the financial assistance you need while your legal claim is being resolved.
One of the major uses of this funding is for living expenses. This includes your rent or mortgage payments, utilities, groceries, transportation costs, and child care needs. These basic needs often become difficult to meet when faced with the additional expenses of a lawsuit for medical malpractice and possible loss or decrease in income.
Moreover, you may have ongoing medical expenses related to the malpractice incident. The funds provided by the medical malpractice loan will allow you to cover your medical bills, pay for necessary medications, or receive essential therapies without any financial strain.
However, it is important to mention one limitation for using these funds. Although they are available to aid you amidst your legal claim, they cannot be directly applied towards litigation or legal case expenses. Therefore, the loan won’t cover attorney fees, court costs and other related expenses. This policy exists to maintain a clear distinction between funding your lifestyle maintenance and the specific lawsuit case.
Get Started
Apply today and get funds in as little as 24 hours!
Why Choose LawsuitLoans.io for Pre-settlement and Post-settlement Medical Malpractice Loans
Choosing your pre-settlement funding provider is an important decision. Here at LawsuitLoans.io, we provide benefits that put us ahead in the industry. Here are some reasons why you should consider us.
Low Simple Rates
We value our clients and believe in fair pricing. We offer low, simple rates which start at as little as 2.5% per month. With us, there are no hidden costs or complicated fees to worry about.
Fast Approval
We know you’re under stress and need a fast solution. That’s why we can approve your application as quickly as the same day you apply for funding through the LawsuitLoans.io funding application.
Capped Repayment Terms
Your financial wellbeing is important to us. For this reason, we cap the repayment terms for our loan. That means the interest on your loan stops accruing after a certain date, keeping your repayments manageable.
Transparency and Client-first Approach
At LawsuitLoans.io, we take pride in providing transparent services with a client-first approach. When you choose us, there will be no unexpected surprises. We always make sure that our clients fully understand and are comfortable with their pre-settlement funding terms before proceeding.
Most Common Personal Injury Claims we Fund in Louisiana
At LawsuitLoans.io, we fund a wide range of personal injury claims in Louisiana. Here are some of the most common case types we handle:
- Car accidents: We provide funds for plaintiffs involved in car accident lawsuits. These include collisions involving other cars, pedestrians, or inanimate objects.
- Commercial vehicle accidents: Involved in accidents with trucks, buses, or other commercial vehicles? You are also eligible for our funding.
- Roadway accidents: Any other roadway accidents that result in personal injuries can qualify for our funding services.
- Premises liability claims: We also cater to those injured on others’ property due to unsafe conditions.
- Medical malpractice: If you’ve suffered due to negligent care from a healthcare provider, LawsuitLoans.io stands with you through your legal journey.
- Work Injuries: Workplace accidents due to employer negligence can lead to significant financial difficulties. We offer funding to lighten this burden.
- Slip and fall claims: Slipping, tripping, or falling due to unsafe property conditions often leads to personal injury. We provide funding for these claims.
- Dog bite lawsuits: Animal attacks, particularly dog bites, can result in severe injuries. We offer pre-settlement funding for people with these types of claims.
- Wrongful death claims: The devastating loss of a loved one due to negligence can lead to a significant financial stranglehold. We’re here to alleviate some of that pressure with our funding options.
- Police misconduct: Claims against law enforcement officers for excessive force, false arrests, or other civil rights violations also qualify for our funding.
- Almost any personal injury claim: If your case involves a personal injury and isn’t listed above, reach out to us. More often than not, we’ll be able to help.
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Cities we Service in Louisiana
LawsuitLoans.io provides funding throughout Louisiana. See more about our funding in Louisiana by visiting the city pages below:
Other Cases we Fund in Louisiana
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Louisiana. Read more about the personal injury cases we fund in Louisiana here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Louisiana here: