New York 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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New York Medical Malpractice Lawsuit Loan Information
At LawsuitLoans.io, we offer pre-settlement funding for medical malpractice cases in New York. If you have a pending lawsuit and need funds to tide over until your case settles, consider our lawsuit loans. Let’s take a look at some crucial information below:
| 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% |
| New York Reports 2022′ | 866 |
| New York medical malpractice statute of limitations | 2.5 years from the act, omission, or end of continuous treatment. |
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 New York?
Are you wondering if you might be eligible for a medical malpractice lawsuit loan in New York? Understanding who can access these funds is important. The eligibility requirements are straightforward.
Firstly, you need to have a valid legal claim against an insurance company, self-insured company, or large public entity. Simply put, if you’re a victim of medical malpractice and the fault lies with a company such as these, you could be eligible.
Secondly, you must be represented by an attorney. If you have a valid case and an attorney to support you in court, you meet one of the critical eligibility criteria for a lawsuit loan. Remember, attorneys play a key role in helping you navigate the complexities of your case.
Finally, you must be at least 18 years old. Under New York law, minors cannot directly receive lawsuit loans. But don’t worry—if you’re under 18 and have a valid case, your parent or guardian can apply on your behalf. This ensures your rights are protected, and should you win your case, the money will be put to good use.
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 have the capability to advance up to a maximum of 25% of your expected portion of the settlement if your case is still ongoing. Particularly for settled police brutality cases, we can provide up to 50% of your anticipated portion of the settlement.
Let’s consider an example. A client in New York 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 come to a resolution. As a general rule of thumb, medical providers usually receive around 1/3 of the settlement, and the attorney gets another 1/3 of the settlement; as a result, the client ends up receiving around $65,000. In this scenario, we can advance approximately 25% of that amount, which equates to $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?
If you’re a plaintiff in a medical malpractice case, you may wonder how you can use the funds from a lawsuit loan. LawsuitLoans.io provides pre-settlement funding to help you manage your financial needs while you wait for your lawsuit to resolve.
One of the greatest benefits of getting a lawsuit loan is that there are minimal restrictions on how you can use the money. Primarily, plaintiffs use their loan to cover important life expenses. For example:
- Living Expenses: Lawsuit loans can be used to pay for your day-to-day necessities like rent, groceries, utility bills, and more. This allows you to focus on your lawsuit without worrying about maintaining your livelihood.
- Medical Expenses: If you’re facing a medical malpractice case, there could be ongoing medical costs to consider. A lawsuit loan can help cover these expenses, providing essential relief during a trying time.
In fact, the only restriction on lawsuit loans is that you cannot use them to cover litigation or legal case expenses. In other words, the fund should not replace your attorney’s fees or court costs. These expenses are typically part of your legal agreement and must be handled separately.
To learn more about how medical malpractice loans work or to apply for one, please visit our website at LawsuitLoans.io or call our toll-free number (800) 340-4973.
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
If you are a plaintiff awaiting a settlement from a medical malpractice lawsuit, your choice of funding sources is critical. At LawsuitLoans.io, we are confident in voicing our wide array of unique advantages. With us, you can expect:
- Low Simple Rates: Our rates start at 2.5% per month. This incredibly competitive rate serves to alleviate much of your financial burden.
- Fast Approval: Time is of the essence. We understand that, which is why we strive to approve loan applications as soon as the same day you apply.
- Capped Repayment Terms: With LawsuitLoans.io, you never have to worry about unending interest accruals weighing down on you. Our interest stops accruing after a specified date.
- Transparency and a Client-first approach: We prioritize understanding your needs and propose solutions accordingly. We lay bare all the terms and conditions before finalizing any deal, ensuring your decisions are well-informed.
Our unwavering commitment gives you an unmatched experience in the realm of pre-settlement and post-settlement financing. Contact us now at (800) 340-4973 or complete our online funding application to start the process.
Most Common Personal Injury Claims we Fund in New York
Here are the most common case types we fund in New York:
Car Accidents: These accidents can result in severe injuries that may require extensive medical treatment and recovery time. Our funding services can help you navigate this challenging time as you pursue your lawsuit.
Commercial Vehicle Accidents: Accidents involving commercial vehicles like trucks or buses can result in significant damage. Our funding can provide financial support while you fight for compensation.
Roadway Accidents: Regardless of the type of roadway accident, our pre-settlement funding can offer the financial cushion you need during your legal claim.
Premises Liability Claims: In cases where injuries arise from unsafe conditions on someone else’s property, we offer non-recourse lawsuit loans to assist during your claim.
Medical Malpractice: If you have been injured due to the negligence of a medical professional or facility, our lawsuit loan can provide financial relief while you seek justice.
Work Injuries: Workplace injuries can be distressing and financially draining. Our settlement funding can help ease your financial stress while your case is being resolved.
Slip and Fall Claims: Slip and fall accidents can happen anywhere and lead to significant injuries. Our funding services can offer financial relief during your legal proceedings.
Dog Bite Lawsuits: Dog bite injuries can be traumatic and costly. We offer pre-settlement loans to assist dog bite victims during their legal claim.
Police Misconduct: Police misconduct cases require a strong legal stand. Our lawsuit loan services can provide the financial support you need during this challenging time.
Wrongful Death Claims: In the unfortunate event of a wrongful death, our lawsuit funding can provide much-needed financial support while you pursue your legal claim.
We also fund almost any personal injury claim. To learn more, please apply here.
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 New York
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in New York. Read more about the personal injury cases we fund in New York 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 New York here: