Medical Malpractice Lawsuit Loans

LawsuitLoans.io provides low-cost medical malpractice claim funding

Instead of struggling to pay bills while your medical malpractice claim makes its way through the court system, a financial helping hand is available in the form of a cash advance from LawsuitLoans.io. Lawsuit loans are available for any amount you need up to $500,000 depending upon the value of the anticipated settlement or verdict of your medical malpractice claim.

Use the funds any way you want and pay nothing until the lawsuit is settled or a jury returns a verdict in your favor. LawsuitLoans.io offers interest rates starting as low as 2.5% simple interest per month. All you have to do to get the pre-settlement funding process started is to call LawsuitLoans.io at (800) 340-4973 or apply online and provide us with your name and contact information, the name of your medical malpractice attorney, and a few basic details about the lawsuit. 

Qualifying for medical malpractice pre-settlement funding

For your medical malpractice claim to qualify for pre-settlement funding, you must have a lawsuit pending in a court, and you must be represented by an attorney. If your claim meets those criteria or your lawyer plans to file a lawsuit on your behalf, then you should contact LawsuitLoans.io to apply online for a lawsuit loan or call us at (800) 340-4973.

After you apply for the loan, LawsuitLoans.io contacts your attorney to obtain additional information and documents needed to evaluate the strength of your claim and likelihood of it resulting in a settlement or judgment awarding you compensation for medical malpractice. An evaluation is made of the case to determine the value of the settlement or verdict. 

You and your attorney receive copies of the approval and loan agreement to review and, if you agree to the terms, sign acknowledging your acceptance of it. You can get a cash advance within 24 hours from acceptance of the loan agreement.

Common types of medical malpractice claims we fund

Medical malpractice occurs when a medical professional’s negligent act or failure to act causes harm to a patient. A few of the common types of medical malpractice claims that LawsuitLoans.io fund for cash advances include:

• Failure to treat: A doctor may correctly diagnose a patient’s medical condition and commit medical malpractice by failing to prescribe the appropriate treatment for it. Failure to treat may occur when a doctor releases a patient too soon from the hospital or fails to refer a patient to a specialist.
• Misdiagnosis and delayed diagnosis: A patient may be harmed when their doctor fails to properly diagnose an injury or illness—for example, diagnosing a patient’s cough as allergies instead of doing additional testing that would have revealed that the patient had lung cancer. This situation may also be a delayed diagnosis because the time wasted treating the patient for allergies may allow the cancer to progress and cause additional harm. 
• Surgical errors: There are many types of surgical errors that can harm a patient, including operating on the wrong part of the body, leaving surgical instruments inside a patient, and hemorrhaging or damage to tissue and organs.
• Birth injury: Serious, life-altering injuries may be caused by medical errors related to childbirth. Nerve damage, injuries to the spinal cord and cerebral palsy may be attributed to medical mistakes related to childbirth.
• Medical product liability: The failure of the manufacturer of a prescription medication or medical product or device to warn a patient about side effects or defects. Unlike other claims related to medical treatment, medical product liability claims are typically directed against the maker of the product or drug.

A patient injured by a defective medical device or the side effects of a prescribed drug may have a medical malpractice claim against their physician as well as a medical product liability claim against a manufacturer.

Benefits of medical malpractice settlement loans

The primary benefit of a medical malpractice settlement loan is its ability to free you from the financial pressure of waiting months or years to receive the compensation that you need and deserve. Your injuries probably limit your ability to work and earn a living, so getting an advance against a future settlement can really come in handy.

Relieving financial pressures with a settlement loan may improve the outcome of your lawsuit. If you are having difficulty paying the mortgage on your home or making a car payment, that financial stress may cause you to pressure your lawyer to settle your claim for anything that an insurance company for the defendant is willing to offer. Insurance companies know this and purposely drag out the litigation to add to your financial pressures. A lawsuit loan takes away their advantage by giving your lawyer the time needed to get you the money that you deserve.

What information does LawsuitLoans.io need to review a medical malpractice lawsuit?

Most of the information and documents LawsuitLoans.io needs to decide if your medical malpractice lawsuit qualifies for a pre-settlement loan will be obtained from your medical malpractice attorney. The following documents will help determine the strength of the claim and its value:

• Medical records: A review of your medical records offers insight into the injuries caused by the negligence of the health care professionals that your lawyer is suing on your behalf for damages. Copies of bills and invoices for the medical care and treatment required because of the injuries caused by the medical malpractice help to establish the damages you incurred and contribute toward determining the value of a future settlement or verdict.
• Affidavit of merit or expert report: In an effort to ensure that claims for medical malpractice have merit before a lawsuit is filed, many states require an affidavit from an attorney or from a medical expert attesting to the strength of the allegations raised by the injured party and the fault of the medical professional. The funding company relies on the affidavit or expert report to determine the strength of your lawsuit.
• Legal complaint and defendant deposition transcripts, if available: The complaint and deposition transcript offer details about your claim against the defendant and the evidence available to prove it.

Upon completion of its review process, you and your lawyer receive written notice whether or not the malpractice lawsuit qualifies for funding.

Major medical malpractice verdicts

Because of the severity of the injuries and harm suffered by the plaintiff in a medical malpractice claim, verdict and settlement amounts can be quite high. The following are a few examples of major medical malpractice verdicts:

• $101 million awarded to a child who suffered a severe brain injury at birth.
• $56 million awarded to a woman paralyzed front the neck down when doctors failed to detect a blood clot during spinal surgery.
• $48.63 million to the husband and daughter of a woman who died after hospital personnel administered an excessive dose of a drug that caused her to go into cardiac arrest. $32.4 million of the jury award was for punitive damages.

Punitive damages in medical malpractice cases can increase the value of the settlement or verdict. Contact LawsuitLoans.io to learn more about the value of your claim and how much you could receive now against a future settlement.

What steps are involved in a medical malpractice lawsuit?

A great deal of investigation into the merits of a claim for medical malpractice must take place before a lawsuit can be filed. Steps in a medical malpractice lawsuit include:

• Consult a medical malpractice lawyer.
• Authorize your lawyer to obtain all medical records.
• Investigate the claim.
• Retain an expert medical witness to attest to the merits of the claim.
• Commencement of lawsuit.
• Discovery phase, including depositions of parties.
• Settlement negotiations.
• Pre-trial conferences with the assigned judge and attorneys for the parties.
• Jury selection.
• Jury deliberations and verdict on liability. If a verdict is in your favor, the case proceeds to the damages phase that concludes with jurors deciding on the damages amount. 

Procedures may differ slightly based on differences in state laws around the country.