June 18, 2010
This is a tragic case, one that should never have occurred; a medication error took the life of a two year old child.
Apparently, the child was given a fatal overdose of Heparin while she was in hospital recovering from major organ transplant surgery. She was also recovering from gastroschisis (a birth defect in which an infant’s intestines protrude through a defect on one side of the umbilical cord). when she died, suddenly, when all signs indicated that she was making good progress. An investigation revealed that she had been given too much Heparin.
Although the hospital apparently tried to assist the parents any way they could to deal with the tragedy, there will be further investigations and it is more than likely the parents of this little girl will be talking to a personal injury lawyer about pursuing wrongful death or medical malpractice litigation.
The parents will have an enormous burden of grief to deal with, along with hospital expenses and funeral and burial costs. It’s likely to be a very overwhelming time for them, emotionally and financially. How will they maintain their bills and expenses under such extraordinary stress and strain?
If the investigation suggests that the hospital was negligent in its care and treatment of this unfortunate little girl, and litigation is pursued, there is a good possibility the family will be eligible for a lawsuit cash advance. This is a risk-free method of obtaining needed cash now, as litigation funding is contingent upon the outcome of the cases funded; if the family loses their case, it would not need to repay the lawsuit funding. Only if a case is successful does legal finance require repayment.
It is easy to apply for lawsuit financing; you may do so by phone or online. There are no up-front fees and no monthly payments. Legal funding may be used for any necessary expense, but we advise that it be utilized only for important bills and expenses, like medical or funeral bills, mortgage or rent payments, car payments, etc.
June 16, 2010
Lawsuit funding, also known as litigation funding or pre-settlement funding is an important tool for a cash strapped plaintiff to use when he/she needs a cash advance prior to settlement or court resolution of his/her lawsuit. Many of you don’t recognize a litigant’s dilemma. Lawsuits involving personal injury and/or disability take a long time to resolve; if the plaintiff is disabled from work, he/she may suffer through extreme financial hardship while waiting for the valuable case to settle or resolve by court verdict or appeal. Work loss results in financial hardship; medical bills, mortgage payments, rent, car payments, tuition, and other living expensive will accumulate while a plaintiff is disabled and without income. This is where a lawsuit cash advance may be used to alleviate financial pressure to settle the case too soon for too little; best of all, this is done with absolutely no risk to the plaintiff. Why, you ask? Because legal finance services do not require repayment unless you win the case. Stated another way, if you lose your personal injury case, you keep the legal funding company’s money and you don’t have to pay it back! In the legal community, this is referred to as a non-recourse transaction; repayment is contingent upon case outcome. The only collateral used for this settlement funding is your case; if your case is successful the lawsuit finance company is repaid its principal and profit. If the case fails, the money is free. That is the risk of non-recourse lawsuit funding. It is easy to apply for litigation funding; approvals are based on the strength of your case, alone; whether you qualify has nothing to do with your credit standing or job status. Job or no job, good credit or bad, if you have a qualifying lawsuit, you will qualify for a lawsuit cash advance. This means that ANYONE with a good personal injury case may apply and qualify for lawsuit financing.
Your attorney should be notified that you are seeking lawsuit financial services, as he/she is an important part of the process. Case records, provided by the attorney, are received and reviewed to qualify you for case funding. Thus, it is wise to give your attorney a “heads up” when you apply. The main focus of these “lawsuit loans” is to prevent you from allowing financial distress to cause you to settle your valuable case too early for too little. Lawsuit funding could make a real difference in the bottom line of your case and you owe it to yourself to check it out.
