Tennessee 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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Tennessee Medical Malpractice Lawsuit Loan Information
In the state of Tennessee, LawsuitLoans.io is a trusted provider of pre-settlement funding for medical malpractice lawsuits. We support injured parties during their legal journey by offering non-recourse loans that help cover living and medical expenses. Our lending details and the Tennessee-specific information pertaining to medical malpractice claims are highlighted 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% |
| Tennessee Medical Malpractice Reports 2022 | 471 |
| Tennessee medical malpractice statute of limitations | 1 year from discovery, but not more than 3 years from the act or omission, with certain 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 Tennessee?
Many people often wonder if they qualify for a medical malpractice lawsuit loan in Tennessee. The process is fairly simple and straightforward. Here are the primary factors that typically determine your eligibility:
- Having a valid legal claim: You must have a personal injury claim or lawsuit against an insurance company, a self-insured company, or a large public entity. This indicates that you have suffered damages due to someone else’s negligence, which might be compensable.
- Legal representation: You must be represented by an attorney. This ensures that your case is professionally handled which increases the chance of winning your claim.
- Age requirement: You must be at least 18 years old to apply for a lawsuit loan. This is a standard legal requirement for entering into any kind of financial agreement.
These are the core requirements to qualify for a medical malpractice lawsuit loan in Tennessee. However, each case is unique and other factors might also come into play. So, it’s always best to reach out to a trusted lawsuit loan service like LawsuitLoans.io for a detailed evaluation of your situation.
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?
Medical malpractice lawsuit loans from LawsuitLoans.io can range from $500 to over $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 illustrate this with an example. Let’s say a plaintiff in Tennessee is pursuing a police brutality claim with a $200,000 estimated value. The client is still receiving treatment for their injuries and the case may take another year to resolve. Generally, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 portion of the settlement. This leaves the plaintiff with around $65,000. In such a case, we can advance around 25% of that amount or $16,250.
How Can I Use the Money From my Medical Malpractice Loan?
If an unfortunate incident led you to file for a medical malpractice case, dealing with the legal process while maintaining your personal life can be stressful. Through LawsuitLoans.io, you can receive a loan to ease the financial burden during this difficult period. But what exactly can this loan be used for? And is there anything it cannot cover?
Once you secure a loan from LawsuitLoans.io, you have the freedom to use the funds to meet your living expenses. This can include everything from your monthly bills, rent or mortgage payments, car payments, groceries, and other necessary costs of living.
In addition, your loan can also cover your ongoing medical requirements. If your medical malpractice incident results in follow-up visits, medications, rehabilitation, therapy, or any other trauma-related needs, the funds from your loan can provide support.
However, it’s important to note that there is one portion of your life that the LawsuitLoans.io loan does not cover: litigation or legal case expenses. This includes fees like those associated with hiring a lawyer, court fees, or any other expense originating directly from the legal case itself. Your loan is specifically intended to help manage your personal and medical expenses as you go through your case, not to fund the legal process itself.
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 seeking pre-settlement or post-settlement funding for a medical malpractice claim, there are several reasons why to choose LawsuitLoans.io. We pride ourselves on our low, simple rates that begin at only 2.5% per month. As a leading provider, we understand how important it is to get the financial support you need quickly. That’s why we offer fast approval in some cases as soon as the same day.
In addition to our competitive rates and rapid approval process, we also ensure that repayment terms are reasonable and capped. This means interest stops accruing after a certain date, avoiding any unexpected financial surprises down the line.
LawsuitLoans.io is perhaps most recognized for our industry leading transparency and client-first approach. We believe that pre-settlement funding should be as clear and straightforward as possible, which is why we always place our clients’ needs at the forefront of everything we do.
Most Common Personal Injury Claims we Fund in Tennessee
At LawsuitLoans.io, we fund a wide range of personal injury claim types. In Tennessee, here are the most common ones:
- Car Accidents: These include collisions between cars, with pedestrians or property. We help victims by funding their legal claims as they recover.
- Commercial Vehicle Accidents: These involve commercial vehicles like trucks and vans. If you’re involved in such an accident, we can support your case financially.
- Roadway Accidents: Any kind of accidents that occur on roadways. This includes car accidents, motorcycle accidents, pedestrian accidents, and more. Our funding can assist during legal proceedings.
- Premises Liability Claims: These cover any injury caused by unsafe conditions on someone else’s property. We provide necessary funds to victims while awaiting settlement.
- Medical Malpractice: Cases where healthcare providers commit negligence causing injury or harm. We provide funding to pursue these complex cases.
- Work Injuries: Inflicted at the workplace due to a variety of reasons. LawsuitLoans.io offers financial support for these legal claims.
- Slip and Fall Claims: Resulting from slipping, tripping, or falling due to hazardous conditions. We can help finance your lawsuit until you get the settlement.
- Dog Bite Lawsuits: Cases where a dog causes injury or harm. LawsuitLoans.io supports victims through necessary funding until the case gets resolved.
- Wrongful Death Claims: Suits filed when a person’s negligence causes the death of another. We help the victim’s family by providing funds for their legal fight.
- Police Misconduct: Cases related to abuse of power by the police. Our funding can bring you financial relief in such legal battles.
- Almost Any Personal Injury Claim: Regardless of the nature of your personal injury claim, if it has substantial grounds, we’re ready to help fund it.
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 Tennessee
LawsuitLoans.io provides funding throughout Tennessee. See more about our funding in Tennessee by visiting the city pages below:
Other Cases we Fund in Tennessee
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Tennessee. Read more about the personal injury cases we fund in Tennessee 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 Tennessee here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in Tennessee?
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 Tennessee.