Ohio 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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Ohio Medical Malpractice Lawsuit Loan Information
If you’re in Ohio and you’re fighting a medical malpractice lawsuit, getting a loan to see you through can be an invaluable resource. LawsuitLoans.io specializes in providing financial aid to plaintiffs in these situations, funding loans while they wait for their legal case to conclude.
| The average medical malpractice loan from LawsuitLoans.io is | $25,697.79 |
| The largest medical malpractice loan provided by LawsuitLoans.io was | $137,471.03 |
| Our average semi-annual rate for medical malpractice lawsuit loans is | 18.4% |
| As of 2022, the number of reports in Ohio for medical malpractice were | 1347 |
| The medical malpractice statute of limitations in Ohio: | 1 year from the discovery of the injury or from the termination of the doctor-patient relationship, however, there are some nuances and exceptions. |
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 Ohio?
If you are currently involved in a medical malpractice lawsuit in Ohio and find yourself facing financial hardship, you might be considering a lawsuit loan. But how do you know if you are eligible for this kind of assistance? The key criteria to qualify for a medical malpractice lawsuit loan include:
- Having a Valid Legal Claim: This means you must be the plaintiff in a medical malpractice case that is presently in progress or pending. Your claim must be against an insurance company, a self-insured company, or a large public entity.
- Having an Attorney: You should have a lawyer representing your case. The lawyer will need to cooperate with the lawsuit loan process.
- Being 18 years old or above: You should be at least 18 years of age.
If you meet these three primary requirements, there’s a good chance you could be eligible for a medical malpractice lawsuit loan in Ohio. This isn’t a cash advance- it’s a lifeline to help you cope during this stressful time of your life.
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Much Money Can I Get From my Medical Malpractice Lawsuit Loan?
Lawsuit loans at LawsuitLoans.io for medical malpractice can vary. They range from as low as $500 to as high as $1,000,000 and above. If your case is still ongoing, we can advance a maximum of 25% of the settlement you expect to get. Meanwhile, if you are dealing with settled police brutality cases, we can offer as much as 50% of your expected settlement.
Let’s use an example to illustrate this. Consider a plaintiff from Ohio who is dealing with a police brutality claim. The estimated value of their case is $200,000. The client is still getting medical treatment for their injuries while waiting around one more year for the case resolution. Generally, payment from settlement goes like this; about 1/3 goes to medical providers, another 1/3 to the attorney, so eventually the plaintiff would get around $65,000. If they were to apply for a lawsuit loan with LawsuitLoans.io, they could get an advance of approximately 25% of that, equivalent to $16,250.
How Can I Use the Money From my Medical Malpractice Loan?
Proceeds from a medical malpractice lawsuit loan can be a lifeline during the time you are waiting for your legal case to resolve. These funds are crucial, enabling plaintiffs to handle various costs and expenses that often arise during such a period.
The money from your lawsuit loan can primarily be used to cover day-to-day living expenses. For example, you can use these funds to pay for rent or mortgage, utility bills, groceries, transportation costs, and other household expenses. The purpose is to alleviate financial stress and help maintain a standard quality of life as you wait for your case to reach a settlement.
Besides living expenses, the loan can also be utilized to cater to your medical expenses. Remember, medical bills do not stop coming in just because you have a pending lawsuit. Having a means to offset such costs like therapy sessions, prescription medications, surgeries, or any other necessary healthcare services can be invaluable. A medical malpractice loan may provide the financial relief needed during such challenging times.
However, it’s important to understand that there’s a limit to what the lawsuit loan funds can cover. Explicitly, they cannot be used to handle litigation or legal case expenses directly. Your lawyer or law firm should manage these costs separately. While lawsuit loans offer a fair degree of flexibility in terms of their usage, they should not be misused.
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
LawsuitLoans.io stands out as a trusted source for pre-settlement and post-settlement medical malpractice loans. One of the many reasons to choose us is our competitive rates. We offer low, simple rates starting at 2.5% per month, making our services affordable and accessible for everyone.
Understanding that waiting for legal decisions can be stressful, we provide swift approvals. It is possible to get your case approved on the same day you apply. This fast, easy process eases the financial pressure faced by plaintiffs.
Unlike other companies in the industry, we have set a cap on repayment terms. This ensures that interest stops accruing after a certain date, making it less costly in the long run, even if your case takes longer than expected to resolve.
Our dedication to transparency sets us apart. We believe in a client-first approach to pre-settlement funding, where the concerns and needs of the client are always prioritized. We strive for clarity in every deal, taking time to clearly explain any unexpected complexities and all details of our agreement with you.
In choosing LawsuitLoans.io for your medical malpractice loan, you’re choosing a company with a proven record for fairness, speed, affordability, and outstanding service.
Most Common Personal Injury Claims we Fund in Ohio
We at LawsuitLoans.io fund a wide variety of legal claim types in Ohio. Below are some of the most common ones:
- Car accidents: Injuries from car mishaps can be severe. While your legal case progresses, we provide financial help.
- Commercial vehicle accidents: These involve commercial vehicles like trucks or vans. They can cause substantial harm and complex legal cases.
- Any other roadway accident: Incidents involving motorcycles, pedestrians or bicycles fall under this category. You can apply for funding while you wait for your legal claim to resolve.
- Premises liability claims: If you get hurt due to unsafe conditions on someone else’s property, we may assist with funding.
- Medical malpractice: When healthcare professionals cause harm by failing to perform their medical duties. We can support you financially.
- Work injuries: On-the-job accidents may result in serious injuries and lengthy lawsuits. We help by providing funds in such times.
- Slip and fall claims: If you have slipped, tripped, or fell because of negligent property conditions, you may qualify for lawsuit loans.
- Dog bite lawsuits: Bites from aggressive dogs can be painful and happen unexpectedly. Pre-settlement funding can help you stay financially stable during the legal process.
- Wrongful death claims: When a person’s misconduct results in another’s death, families often need financial aid during the long legal battle. We may help with funds.
- Police misconduct: While waiting for justice against law enforcement wrongdoings, we stand by your side providing monetary support.
Moreover, we fund almost any personal injury claim – not just the ones listed above. For more information, contact us or fill out our funding application form.
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.
Other Cases we Fund in Ohio
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Ohio. Read more about the personal injury cases we fund in Ohio 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 Ohio here: