Minnesota 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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Minnesota Medical Malpractice Lawsuit Loan Information
If you’re a victim of medical malpractice in Minnesota, you may be eligible for a lawsuit loan from LawsuitLoans.io. This pre-settlement funding can help cover your expenses while you wait for your legal case to resolve. Here is some essential information about medical malpractice lawsuit loans in Minnesota:
| 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% |
| Minnesota Reports 2022′ | 302 |
| Minnesota medical malpractice statute of limitations | 4 years from the act or omission for adults, and by the child’s 10th birthday for children. |
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 Minnesota?
If you find yourself in need of financial help while waiting for a medical malpractice case to settle, you might be wondering if you’re eligible for a lawsuit loan. In Minnesota, there are certain eligibility criteria that must be met for such a loan.
The primary requirements to be eligible for a loan are as follows:
- You must have a valid legal claim against an insurance company, a self-insured company, or a large public entity.
- You should be represented by an attorney. This is because your attorney plays a significant role in the process, mainly in providing necessary documentation about the case.
- You must be at least 18 years old.
If you fit these criteria, you may be able to secure a loan to assist with your living costs and other expenses as you await the resolution of your case. If you have any questions or wish to apply, feel free to click here or contact us directly at our toll-free number (800) 340-4973.
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 widely in amount from $500 to over $1,000,000 dependent on your case. In terms of pre-settlement advances, we are able to provide up to 25% of your prospective settlement amount if your case is currently in progress.
In cases involving resolved police brutality, we can offer up to 50% of the anticipated portion of your settlement. Let’s consider an example in which a plaintiff from Minnesota is pursuing a police brutality claim with an estimated value of $200,000. This client is still receiving treatment for their injuries and it may be another year before their case resolves.
Generally speaking, medical providers receive about one third of the settlement, with attorneys receiving another third. This means that the plaintiff would take home approximately $65,000 from the total settlement. Under these circumstances, LawsuitLoans.io could advance around 25% of the plaintiff’s share, or about $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?
The funds from your medical malpractice loan can be used for several purposes. LawsuitLoans.io provides these funds to help plaintiffs manage their finances while they wait for their legal case to come to a resolution.
One common use of these funds is to cover living expenses. These can include costs like rent, groceries, utilities, and other regular bills. By using your medical malpractice loan in this way, you can ensure that you can maintain your standard of living during the often lengthy legal process.
You can also use the loan to cover medical expenses. This could refer to hospital bills, medication costs, and fees for ongoing treatment needed due to the malpractice incident. Essentially, the funds can act as a buffer, freeing you from the stress of dealing with financial strain on top of your medical issues.
While the uses for the loan are broad, there is one important restriction. You cannot use the lawsuit loan to finance litigation or legal case expenses. This means you cannot pay your attorney or any other legal professional using the funds received from your medical malpractice loan. This is a firm rule, so make sure your loan usage aligns with LawsuitLoans.io’s policy.
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
When you are dealing with a legal case, especially ones related to medical malpractice, financial stability can be tough. This is where LawsuitLoans.io comes in. We are committed to supporting your fight for justice by providing pre-settlement and post-settlement loans. But why should you choose us over others? It’s simple.
First, we offer low rates, as low as 2.5% per month. This is aimed at easing the financial burden on you while your case is being resolved. In addition to our affordable rates, we pride ourselves on fast approvals – often as quick as the same day you apply. This ensures you get the financial help you need, when you need it.
At LawsuitLoans.io, we have a cap on repayments. This means that interest stops accruing after a set period. You’ll never be surprised with ballooning costs, even if your case takes longer than expected to settle.
We also take transparency very seriously. Our team is always ready to explain all the details and address any concerns you may have about your funding application. We operate with a client-first approach, focusing on your needs above all else. This commitment to serving our clients separates us from other pre-settlement funding companies.
LawsuitLoans.io offers you simplicity, speed, and service. Together, these factors make us the ideal choice for your pre-settlement and post-settlement medical malpractice loans.
Most Common Personal Injury Claims we Fund in Minnesota
At LawsuitLoans.io, we provide funds for a range of personal injury lawsuits. Below are the most common case types we fund in Minnesota.
Car Accidents
We frequently fund cases involving car accidents. These incidents can cause severe injuries and unexpected expenses.
Commercial Vehicle Accidents
Accidents including trucks and other commercial vehicles often result in complex cases. They tend to involve major damages and injuries.
Premises Liability Claims
Premises liability cases involve injuries sustained on another’s property due to negligence.
Medical Malpractice
Medical malpractice occurs when a medical professional causes harm through negligence or omission.
Work Injuries
We also fund cases related to workplace injuries. This includes incidents on construction sites, in offices, etc.
Slip and Fall Claims
Slip and fall claims result from injuries sustained due to hazardous conditions on someone else’s premises.
Dog Bite Lawsuits
Dog bite lawsuits are prevalent when a pet owner’s negligence leads to injury.
Wrongful Death Claims
Wrongful death lawsuits occur when someone’s negligence or intentional act results in another’s death.
Police Misconduct
Police misconduct suits can arise from abuse of power, excessive force, or unlawful arrest.
Besides these, we fund almost any personal injury claims in Minnesota.
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 Minnesota
LawsuitLoans.io provides funding throughout Minnesota. See more about our funding in Minnesota by visiting the city pages below:
Other Cases we Fund in Minnesota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Minnesota. Read more about the personal injury cases we fund in Minnesota 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 Minnesota here: