Litigation Funding Blog
October 26, 2016
Misdiagnosis and failure to diagnose are two of the most common issues in medical malpractice. As a result of a missed diagnosis you can became gravely ill and your condition can significantly deteriorate, resulting in a more serious condition or death. To prevail in a medical malpractice lawsuit, you must demonstrate that the medical professional’s negligence resulted in your injury. To initiate a claim, it is important to consult an experienced attorney.
While waiting for your lawsuit to make its way through the legal system, you will most likely still have medical bills to pay. You may also face other financial constraints. Life does not stop because you’re involved in a lawsuit and it does not wait for a settlement to be reached. If you simply cannot endure a long litigation process, you may wish to apply for lawsuit funding.
Lawsuit funding is cash “now” to cover your living and other pressing expenses while you wait for your case to be resolved. There are no up-front fees and no risk. If you lose your case, you are under no obligation to repay the cash advance. There is also no convoluted application process to get approved. If you have attorney representation and a strong case, you are already eligible for lawsuit funding. The application takes less than five minutes, and we do the rest. This type of financing is not provided against assets; rather it is against the potential settlement of the case. That means there is no need for a credit check or employment verification. You could receive financial assistance within 24 – 48 hours.
Lawsuit funding may not be the ideal solution for everyone, but it is worth considering if you are in a tight spot financially due to a medical misdiagnosis claim that may not be on the same timeline as your finances, Litigation Funding Corporation may be able to help combat mounting bills during a potentially long legal battle.
October 10, 2016
According to a 2006 study, medication errors harm approximately 1.5 million people in the United States every year. Medication errors can occur in many ways, such as if the doctor prescribes the wrong medication, the patient is harmed by a medication that was prescribed to treat a misdiagnosed condition, or the patient is given too much or too little of the drug. Side effects or damage may go undetected for months, even years. If the healthcare provider has failed to provide the accepted standard of care resulting in serious harm or death, the victim, or the family of a deceased loved one, should seek legal counsel to determine his/her rights.
A wrongful death lawsuit was recently filed by the family of a woman who allegedly died after taking medication prescribed by her doctors. According to the lawsuit, doctors failed to properly evaluate the woman’s condition and evaluate her medical history before prescribing Fluconazole, a medication that is used to treat fungal or yeast infections in the body. The complaint states that as a result, the woman suffered serious injuries, which led to severe deterioration in her health and ultimately her death. The lawsuit seeks damages greater than $50,000.
Although no amount of money can bring back their loved one or make up for the pain and suffering they have endured, this family has the right to be compensated. Unfortunately, receiving just compensation can take years, time which is often a financial burden for plaintiffs faced with medical and/or funeral and burial expenses. When a plaintiff does not have the financial resources to wait for justice, litigation funding is a great resource to see the case through to a fair and equitable settlement.
Litigation funding is a cash advance against the proceeds of a case. Without this option, desperate plaintiffs are often forced to settlements too soon, for too little. A plaintiff is eligible for funding once he/she has attorney representation. The next step is to complete an online application or call Litigation Funding Corporation. We will then request case documentation from the plaintiffs’ attorney to determine its strength and the funding amount. Approvals are typical provided within 24 – 48 hours because we do not need a credit check, employment verification, or collateral in order to fund a case. Best of all, there are no payments until the case settles, at which time we are repaid from the proceeds of the settlement. If the case is lost, the plaintiff is under no obligation to repay the cash advance.
To learn more or to apply for litigation funding, contact the legal funding experts at Litigation Funding Corporation.
October 4, 2016
A 75-year-old woman was admitted to the hospital with a blood clot in her leg. She was treated and released days later; a blood thinner was prescribed. Less than a week later, the woman woke up in the middle of the night with excruciating pain in her hip and groin area. She was transported by ambulance to the hospital. Although doctors performed no testing, the woman was diagnosed with a musculoskeletal pain attributed to her earlier blood clot, and she was subsequently discharged to a nursing home. A day after arriving at the nursing home, a staff member found the woman in hemorrhagic shock. She was rushed back to the emergency room but ultimately died six weeks later.
Her family filed a lawsuit alleging that the doctor failed to timely diagnose and treat what turned out to be a retroperitoneal hematoma (an accumulation of blood in the portion of the abdomen called the retroperitoneal space). After a six-day trial the jury awarded in favor of the plaintiff.
Nothing can ever replace the loss of a loved one, but Litigation Funding Corporation is happy that the family of the deceased was able to seek justice. While we don’t know their financial situation, this case would have been eligible for litigation funding.
Many plaintiffs often face financial hardship as their bills continue to pile up, during a lengthy litigation process. Litigation Funding Corporation can provide a lawsuit cash advance and help plaintiffs receive some of the proceeds from the case now.
A lawsuit cash advance helps lessen the financial burden until a settlement can be reached. Without the pressure to settle, the attorney has time to obtain just compensation. This type of financing is not provided against assets; rather it is against the potential settlement of the case. That means there is no need for a credit check or employment verification. The cash advance is simply repaid once the case successfully settles. Had this plaintiff applied for, and received, litigation from us and lost her case, we would have completely waived repayment of the cash advance. That is because we assume all the risks when funding clients.
If you have lost a loved one due to medical negligence, filed a lawsuit, and looking for immediate cash while waiting for your case to settle, you may be able to obtain a lawsuit cash advance. Contact Litigation Funding Corporation or complete our online contact form. You could receive financial assistance within 24 – 48 hours.
October 3, 2016
Filing a medical malpractice lawsuit can be overwhelming, even in a case that appears cut-and-dry. Even after winning your case the decision may be overturned on appeal and you could end up with nothing. One of the most common causes of medical error occurs not when doctors actually do something, but when they don’t. The most common cases of misdiagnosis occur when costly medical tests are skipped or when data from test results is overlooked or misdiagnosed as a less serious condition than it truly is. When this happens, the damage caused to the patient’s health becomes irreversible, leading to chronic pain, sickness or in the following case, death that could have been prevented.
A man went to the hospital in February 2010 with slurred speech; he was confused and disoriented. It was the fourth and most severe such episode he had experienced in eight months. The man was admitted to intensive care and underwent a CT scan and MRI. The neurosurgeon believed the patient may have been suffering from hydrocephalus, which is potentially fatal. The patient was monitored for 24 hours, at which time the neurosurgeon concluded that the patient did not have pressure or fluid on the brain; the infection that developed had resolved. He was released from the hospital five days later. Three months later, his 11-year-old daughter found him dead in bed. The medical examiner determined that the cause of death was fluid on the brain. He left behind a wife and three young children.
The family filed a medical malpractice lawsuit against the doctor claiming that he should have placed a shunt or drain in her husband’s brain and that he was negligent for failing to do so. The jury agreed and awarded a $4.2 million verdict. The amount was lowered to $1.87 due to state caps. The doctor appealed the decision. The higher court agreed with the doctor stating that the decision was based on insufficient and unsupported evidence and that it should be overturned. Specifically, they stated that the plaintiff failed to prove that the doctor was negligent and that this led directly to the patient’s death.
Most likely, the medical expenses alone left this family financially strapped. When a plaintiff is dealing will the loss of income and mounting unpaid bills, litigation funding can be the emergency cash needed to get through the litigation process, including an appeal. Once case documentation is reviewed and the strength of the case determined, approvals can be available within 24 – 48 hours. No money is owed until the case successfully settles, at which time repayment is made from the proceeds of the case. The most attractive part about lawsuit funding is that if the case is lost, as happened on appeal in this case, repayment is completely waived.
If you have filed, or plan to file, a medical malpractice lawsuit and are represented by an attorney, you may be eligible for medical malpractice litigation funding. For a free consultation or to apply, complete the online contact form or contact Litigation Funding Corporation at 1.866.LIT.FUND. We may have the solution you need to stay financially afloat in hard times.
May 26, 2015
If you are reading this, then you have probably suffered serious injury or lost a loved one at the hands of a medical professional. You may have contacted a medical malpractice attorney to determine your rights and compensation for medical bills, pain and suffering, and loss of income. Although a lawsuit will not take away the pain and suffering, or even bring a loved one back, it can play a role in ensuring the same devastating medical error does not happen to someone else.
Sadly, malpractice lawsuits can take years to settle. As the case drags on, the emotional and financial burdens increase for the plaintiffs. Simply paying day-to-day living expenses can be a struggle, let alone adding expenses such as those associated with physical therapy, long-term care, or funeral and burial expenses. Finances can be more devastating if the victim was the sole provider. The defendant will typically “delay, deny, confuse and refuse” until the plaintiff financially can’t hold out any longer. To avoid an early settlement and wait for fair compensation, plaintiffs should consider medical malpractice litigation funding.
Litigation funding is a lawsuit cash advance to help pay the bills without monthly payments or risking your credit reputation. Because funding approval is based entirely on case strength there is no need for a credit check or employment verification. Repayment is made once your case successfully settles; lose and you are not required to pay back the money.
After completing a funding application, we will contact your attorney for necessary case documentation. Then, your case will be evaluated by our underwriters and if approved, funds can be wired into your account within 24-48 hours. It is that simple!
Don’t struggle financially or settle early and cheap. If you are seeking litigation funding for your medical malpractice case, we stand ready, willing and able to assist you. We have provided medical malpractice funding for many types of cases including, but not limited to:
•Failure to diagnose a serious condition
•Birth trauma
•Botched surgery
•Failure to prevent or clear infection
•Misdiagnosis of a serious condition
•Administering defective or dangerous medication or providing the wrong dosage
•Negligent administration of anesthesia
•Neglect and/or abuse in hospitals or nursing homes
To apply for medical malpractice litigation funding, complete our online funding application or give us a call at 1-866-548-3863.
