Maine 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
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Maine Medical Malpractice Lawsuit Loan Information
In the state of Maine, medical malpractice lawsuit loans provide financial support to plaintiffs in personal injury cases. Waiting for the resolution of a legal case can be challenging, and so these loans are designed to ease the burden. They offer access to funds that can be used to cover living expenses, medical fees, or any other financial needs.
| 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% |
| Maine’s reported medical malpractice cases 2022 | 161 |
| Maine medical malpractice statute of limitations | 3 years from the date of the act or omission. |
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 Maine?
To be eligible for a medical malpractice lawsuit loan in Maine, there are certain criteria that must be met. These aren’t overly complex and should be straightforward to understand.
First and foremost, you must have a valid legal claim. This claim can be against an insurance company, a self-insured company, or even a large public entity. Having a legitimate claim is the bedrock of eligibility.
The next criterion is that you must have an attorney. LawsuitLoans.io works directly with your attorney as part of the application process.
Lastly, you must be at least 18 years of age. This is a standard requirement across all types of loans, including lawsuit loans.
If you meet these three criteria – having a valid legal claim, an attorney, and being of legal age – then you may be eligible for a medical malpractice lawsuit loan in Maine.
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 – $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. For settled police brutality cases, we can offer 50% of your expected portion of the settlement.
Let’s consider an example where a plaintiff in Maine is pursuing a police brutality claim with an estimated value of $200,000. The client is still receiving treatment for their injuries and the case may take another year to resolve. Typically, medical providers receive around 1/3 of the settlement, the attorney gets another 1/3, leaving approximately $65,000 for the plaintiff. In such a scenario, at LawsuitLoans.io, we can advance around 25% of that amount or $16,250.
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?
One common question asked by plaintiffs seeking medical malpractice loans is, “How can I use the funds?” The answer is simpler than you might think. LawsuitLoans.io provides funds primarily to cover living and medical expenses. You can also use these funds to meet other costs that arise as a result of your legal situation.
For example, if you are unable to work due to the injuries or illness resulting from the malpractice, you can use the loan funds to pay for things like rent or mortgage, utility bills, groceries, and car payments. This allows you to maintain your current lifestyle while you wait for your case to resolve.
Funds can also be used to cover medical costs. For instance, they can help pay for treatments, therapy sessions, medications, and necessary medical equipment, among other things.
However, it’s important to note that one thing you cannot use your loan funds for are litigation or legal case expenses. But rest assured, there is a multitude of other purposes and needs that you can fulfill using your medical malpractice loan from LawsuitLoans.io.
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
There are several reasons why you should consider LawsuitLoans.io for your pre-settlement and post-settlement funding needs. The primary highlight of our service is the competitive, low rates we offer, starting as low as 2.5% per month.
One aspect that sets us apart from other pre-settlement funding companies is our fast approval process. We understand how time-sensitive these situations can be, which is why we aim to approve applications as soon as the same day.
In addition, LawsuitLoans.io offers capped repayment terms. This means that interest stops accruing after a certain date, making the loan less burdensome for our clients.
Lastly, what truly separates us from others in this industry is our commitment to transparency and a client-first approach. From the moment you apply for pre-settlement funding with LawsuitLoans.io, our team works diligently to ensure that you understand every detail of your agreement. Our aim is to provide you with the financing you need while maintaining the highest level of customer service.
Most Common Personal Injury Claims we Fund in Maine
When you need funds to cover expenses during your lawsuit, LawsuitLoans.io is there for you. In Maine, the case types we fund most frequently include:
- Car accidents: These are common legal claims. Car accidents often cause significant injuries and damage.
- Commercial vehicle accidents: This category includes accidents involving trucks, buses, and other commercial vehicles. They can lead to serious injuries due to the size of these vehicles.
- Any other roadway accident: All types of roadway mishaps qualify, ranging from pedestrian accidents to bicycle incidents.
- Premises liability claims: These cases come from injuries that happen on another person’s property due to their negligence.
- Medical malpractice: This involves lawsuits against healthcare providers who have caused injury through negligent or mistaken care.
- Work injuries: Injuries at the workplace can bring about lawsuits if the employer failed to ensure safe working conditions.
- Slip and fall claims: Slips, trips, and falls in public places are common and can cause injuries leading to lawsuits.
- Dog bite lawsuits: Dog owners can be held liable if their pet injures someone.
- Wrongful death claims: These occur when a person’s negligent actions lead to another person’s death.
- Police misconduct: Claims are made against law enforcement officers who have behaved illegally or unprofessionally.
We fund almost any personal injury claim. Therefore, if your specific lawsuit isn’t listed above, don’t worry, you may still be eligible for funding through LawsuitLoans.io.
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 Maine
LawsuitLoans.io provides funding throughout Maine. See more about our funding in Maine by visiting the city pages below:
Other Cases we Fund in Maine
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Maine. Read more about the personal injury cases we fund in Maine 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 Maine here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in Maine?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Maine.