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Litigation Funding Blog

Don’t Let Money Problems Short-Change Your Medical Malpractice Claim When Lawsuit Funding Is An Option

April 7, 2016

You trust your doctor to make you better. When instead you are injured, the consequences can be devastating.

A medical malpractice lawsuit has been filed by a Connecticut woman after the wrong rib was removed during surgery. According to the suit, Deborah Craven was scheduled to have her eighth rib removed due to a lesion that was causing intense pain. The lawsuit alleges that the rib was marked by radiologists with metallic coils and a marking dye meant to avoid confusion. However, after surgery, Craven was still in pain so an x-ray was performed. It appears that despite the precautions, a surgeon-in-training who was allowed to conduct the surgery, removed the wrong rib and left the metal coils inside of her. To add insult to injury, the suit alleges the surgery then tried to cover up his mistake. The lawsuit explains that Dr. Anthony Kim, who did not partake in the surgery, informed Craven of the mistake and scheduled her in for follow-up surgery. However, the doctor who operated, Dr. Ricardo Quarrie, told Craven that the second surgery was necessary because not enough of the rib had been removed during the first surgery. The lawsuit names Yale-New Haven Hospital, as well as Yale Medical Group in Connecticut, Yale University and two physicians as defendants.

Bringing a medical malpractice suit holds hospitals, doctors, nurses, and other medical staff accountable, but these cases can take months or even years to settle. Bills tend to pile up as victims try to recover from the damage caused. For those needing money now to avoid falling into debt, Litigation Funding Corporation can help. We provide medical malpractice lawsuit funding based upon the anticipated settlement or verdict.

Lawsuit funding was created to help plaintiffs during a financially difficult time of need so they can keep up with the bills and remain in a position of strength to negotiate a fair settlement. Even for plaintiffs on the verge of being evicted or having the family car repossessed, we can help. After a plaintiff completes our one-page funding application, we do the rest. We will contact the attorney, obtain the information needed to make a legal funding decision, and make a funding decision within 24 – 48 hours. If approved, we can wire the funds directly into a client’s account as quickly as 24-hours. How can we do this so quickly? We provide funding solely on case merit, with no need for a credit check, employment verification, or collateral. With Litigation Funding, plaintiffs do not take on more debt because our lawsuit cash advances are provide on a no-risk basis, meaning we are only repaid if our client recovers damages for the lawsuit.

If you or a loved one has suffered serious injuries due to the negligence on the part of a doctor or hospital, you may be entitled to recover compensation. Additionally, you may be able to a candidate for lawsuit funding. To learn how much money we can advance you from your expected medical malpractice lawsuit settlement, contact our office. Our experienced funding specialists are ready to help.

No Risks Attached with Litigation Funding

April 5, 2016

Does this sound like your situation?

You were seriously injured in an auto accident due to a distracted driver. You were left with serious or debilitating injuries an unable to return to work. You have filed a lawsuit, but the medical bills are piling up, you need to replace your damage vehicle, your credit cards have reached their limits, and you are unable to return to work due to your injuries. You may even find it difficult to put food on the table. The insurance company extended an offer, but it is much less than your attorney says the case is worth. You wait, but the insurance company keeps delaying. You know they are trying to wear you down to accept the inadequate offer. But, how long can you wait. Financially desperate, you are considering taking their offer. Your attorney says to be patient; lawsuits take time, but time is not on your side. What can you do?

Credit Cards
If you have enough credit available, you can certainly charge expenses on your credit cards. But, there is more to it than simply pulling one out of your wallet. There are monthly payments and accumulated interests. The longer it takes to pay of the credit card, the higher the interest and fees. Furthermore, the debt must be paid even if the case is lost.

Banks
Traditionally, banks and other financial institutions will not provide a loan against a pending lawsuit. Additionally, the application process is time consuming and requires good credit, employment, and collateral. Even if you are approved, banks require monthly. Again, despite the results of the lawsuit, the plaintiff must repay the bank loan.

Family and Friends
Although you can certainly borrow money from family or friends, this could be a tough option. While it may help you with your immediate financial needs, if you lose your case you may still owe the money borrowed or the inability to repay may damage an important relationship.

Litigation Funding
Litigation funding is a risk-free solution to obtaining fast cash while your lawsuit and/or settlement check is pending. Often times termed as a “lawsuit loan”, this cash advance is one of the safest ways to obtain immediate cash during a pending lawsuit. With this emergency cash advance, a plaintiff can not only pay the bills, but is able to withstand lengthy litigation process needed to receive a larger and fairer settlement. The fees associated with litigation funding will be higher than a traditional bank loan or the interest on credit cards because the lending company assumes all the risks. There are no monthly payments and should you lose your case, there is no obligation to repay the cash advance or associated fees.

If you are currently involved in a personal injury lawsuit, don’t wait another day for the financial relief you need. Call Litigation Funding Corporation if you need “no strings attached” financial support. We can typically make a funding decision within 24 – 48 hours because we approve cases base on case strength alone; your credit standing and employment history are never considered.

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