Litigation Funding Blog
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.
April 26, 2010
Every year at least 1.4 million people suffer a traumatic brain injury (TBI). Unfortunately, almost 50,000 people die as a result of their injuries. Most often injuries like this occur from of a blow or impact to the head; most often from an automobile accident. It may surprise you to discover that many brain injuries result from medical malpractice. A TBI may result when a doctor provides substandard care to the patient. This is a form of negligence and may come in many forms. A misdiagnoses or non- diagnoses of a condition, improperly administered anesthesia, a surgical accident (a slip of the scalpel while working on the brain) or some interruption of blood flow to the brain are just a few examples. Anytime someone has a brain injury, the consequences are always serious and in many instances, life-altering.
In any case that involves head trauma, aneurysms or brain tumors, severe brain injury or death may be the end result if the condition is left untreated. Injuries of this nature have devastating consequences for those who have been hurt, and affect many areas of their lives. Victims may be dealing with speech impediments, paralysis, chronic pain, seizures, depression and astronomical medical bills. In addition, brain injuries impact on the whole family.
If the TBI was caused by an auto accident, slip and fall, or medical malpractice, a personal injury lawsuit is often filed by the victim/plaintiff; personal injury litigation takes a long time to resolve and TBI are often disabled as the result of their injuries. These litigants and their attorneys may be interested to know that they may be able to access lawsuit funding during the course of their litigation, to assist them, financially. Litigation funding is money given in the form of a lawsuit cash advance against the future settlement or verdict expected, or predicted by your attorney. The victim may use this lawsuit cash advance to pay mortgage payments, car payments and other important bills and expenses. They can also pay for medical or physical therapy treatments while they await settlement. And lawsuit financing is contingent upon recovery; if you lose your case you do not have to repay the money. The application process is simple; you can apply for free by phone or on the internet. Legal finance might make a huge difference in the bottom line in your case.
April 4, 2010
This case involves a New Jersey man who suffered brain damage due to a medical misdiagnosis and was awarded $25 million by a jury. Cases like this are hard fought and, in the right situations, excellent candidates for legal finance services.
John Stanford was only 40-years old in 2001, when he went to the hospital emergency room five days in a row to find out what was wrong with him. He had bad headaches, right leg paralysis and kept falling down. His family kept asking for help, but John kept being discharged and sent home. On his first visit to the ER, a CT scan of his brain showed a cyst doctors overlooked. That misdiagnosis and lack of appropriate treatment led to an aneurysm that left Stanford with irreversible brain damage. These types of serious breaches of medical standards of care will often result in medical malpractice lawsuits. Don’t be fooled by those who say that lawyers file “frivolous lawsuits” against doctors. These are serious cases, with serious breaches of professional conduct and serious, life-changing, often deadly consequences for victims and their family members.
This case did not come to trial until seven years after the incident. After the successful trial, there were several post-trial motions and, probably, an appeal. During the seven years the Stanford family waited, patiently for a trial, they probably experienced some serious financial issues. I am certain that his life-changing, disabling condition has an an impact on the family’s ability to pay its regular bills and expenses as well as the extraordinary bills and expenses for his long-term care and support. I am not aware that the case has resolved; these financial issues might still be a concern, 9 years after this unfortunate incident.
The Stanfords and people in similar situations (disabled family member with pending litigation over the cause of the injury or disability) can benefit from a service commonly known as lawsuit funding or pre-settlement funding. This is a service that provides financial assistance to accident victims who have pending litigation against the person or entity that caused their injuries or disability. The money can be used to handle the family’s regular bills as well as the extraordinary bills that they face now, and in the future, as the result of the accident.
In this case, John requires 24/7/365 care, medications, therapy and ongoing nursing assistance. He is no longer able to work, has no income and is unable to support himself and his family. The lawsuit did not result in a verdict for seven years and it is not clear whether or not the verdict has been collected yet. A lawsuit cash advance, with only the pending litigation as collateral, would help pay medical and nursing expenses and the family’s regular bills, until justice is done and compensation is received. And, the family would not have to repay the money until the case is resolved in their favor and their attorney receives their lawsuit proceeds. And, if they lose their case, they do not have to pay the money back. This is known as non-recourse lawsuit funding; accident victims only repay if they win their case and collect case proceeds. It is financial peace of mind while a family waits for justice.
Litigation funding transactions can be completed, with a check or wire in your hands, within 24-48 hours after receipt of information from your attorney. It is often a godsend in cases like this where the family has no other avenues of financial assistance open to them. The call and/or visit to the website is free; the advice and funding can be a lifesaver.
