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Litigation Funding Blog

Auto Accident Lawsuit Dragging? Litigation Funding Corporation Can Help.

April 15, 2015

Sustaining auto accident injuries can be emotionally and financially draining. Serious injuries require extensive medical treatment and usually time off from work. The more complicated the personal injury lawsuit, the longer it usually takes to reach a fair settlement with the insurance company. Waiting months or years for a monetary settlement can take a quick a toll and you and your family. When financial resources are dwindling, but the bills still need to be paid, don’t compromise your ability to get the compensation you deserve; get pre-settlement litigation funding.

Litigation Funding Corporation provides plaintiffs with a non-recourse cash advance before a settlement is reached or a court award is granted. This legal funding helps plaintiffs pay expenses such as the mortgage, car payments, utilities, and out-of-pocket medical expenses. When plaintiffs aren’t stressing about their finances, it’s easier to focus on recovering from injuries and getting the medical treatment needed.

Our litigation funding program requires no credit check or employment verification, as the cash advance is based on the strength of the case. There are no upfront costs or monthly payments; we are repaid from the proceeds of the case. Best of all, litigation funding is risk-free. This means there is no obligation to pay back the loan unless the case successfully settles.

Litigation Funding Corporation is dedicated in assisting clients and making sure they receive the money they need before their case is settled. If you are in need of financial assistance during a pending claim, complete an online application. Once received, we will request case documentation from your attorney and make a funding decision within 24 – 48 hours. It really is that simple!

Plaintiffs Can Breathe Easy With Litigation Funding During a Pending Lawsuit

April 9, 2015

There is not much worse than realizing that an incident during birth caused your child’s serious injury. A birth injury typically occurs because of a complication during the labor or delivery process. Due to the fact that birth injuries often cause oxygen deprivation, many medical malpractice birth injuries lead to serious and even permanent birth defects. During the emotional litigation process, plaintiffs should be able to meet their financial needs, especially in providing care for the child. Litigation Funding Corporation can provide litigation funding without obstacles or risks.

A $17.5 million settlement was recently reached in a birth injury lawsuit involving a boy who was left permanently disable. The plaintiff alleged that the T.J. Samson Community Hospital in Glasgow, Kentucky and the obstetrician were negligent during her labor and delivery of her son, resulting in her son being born with spastic quadriplegia (a form of cerebral palsy). Jurors found the hospital negligent and liable, however, the doctor was cleared of any liability. Despite the evidence and jury award of $18.27 million suggesting medical malpractice, the hospital and its nursing staff admit to no wrongdoing. The plaintiff agreed to settle for $17.5 million. In return, the hospital agreed not to appeal the verdict.

In 2007, the expected mother arrived at the hospital to delivery her son. The doctor ordered Pitocin, a labor induced drug, known to cause complications for many women and newborns. According to the lawsuit, the obstetrician left “standing orders for the administration of the Pitocin,” and informed attending medical staff that the contractions should not exceed more than four contractions within an hour. Additionally, the doctor encouraged a lower epidural dose as a preventative measure, as the mother was having trouble pushing during the final stages of labor. Despite doctor’s orders, evidence revealed that the hospital staff did not follow the doctor’s orders and had the woman exceed the maximum amount contractions per hour for an entire six hours, resulting in oxygen deprivation to the baby’s brain. Additionally, nurses failed to reduce the epidural dose, which allegedly caused the baby to become stuck in the birth canal, also resulting in oxygen deprivation. The child now suffers from spastic quadriplegia, a severe form of cerebral palsy.

Children with spastic quadriplegia usually suffer widespread brain damage or significant brain malformations. Most children with spastic quadriplegia are never able to walk and have trouble speaking and being understood. Additionally, children with this form of cerebral palsy tend to display a floppy neck and severe stiffness in the limbs. They often suffer from frequent seizures that are particularly difficult to manage. The little boy will require life-long care for his disability; his estimated life expectancy is 67 years. These factors may have ultimately contributed to the jury award.

Although the case took nearly eight years to settle, the couple is happy to know their daughter will be provided for their rest of her life.

I don’t know this family’s financial situation, but I would guess that the medical expenses alone left them financially strapped. During this long ordeal, they may have qualified for litigation funding, a non-recourse cash advance against their pending lawsuit. Even if they did not settle and an appeal was filed, litigation funding could have still been an option to alleviate some financial burdens.

The level and expense of care needed for a special needs child are high. While litigation funding cannot solve physical and emotional issues, a lawsuit cash advance can substantially lessen the financial issues. Funding is based solely on the strength of the case; if the case is reviewed and appears to be winnable, the application will likely be approved with funds 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. If the plaintiff loses the case, repayment is waived completely. The application process is quick and easy by phone or online because we don’t care about credit-worthiness or job history. Most documentation we need to determine case merit is requested from, and provided by, the plaintiffs’ attorney.

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. Litigation Funding Corporation is one of the few litigation financing companies with the expertise to evaluate and provide legal finance for these complicated cases. For a free, no-obligation consultation or funding analysis, contact us online or by phone.

Water Park Safety in Question at Kalahari Resort

April 1, 2015

A Michigan family has filed a personal injury lawsuit against the Kalahari Resort in Wisconsin Dells alleging their son was injured on a ride the resort knew was unsafe. The lawsuit claims the teen was injured at the Kalahari resort in June 2012 on the Sahara Sidewinders that drops riders from a trap-door chamber into one of two looping slides. According to the family’s attorney, the ride imposed an “unreasonable risk of injury to Kalahari’s guests.” He also said that the resort was aware of the risk of injury due to prior reported incidents, but took no safety precautions. The lawsuit seeks damages for personal injury, medical expenses, pain and suffering, and loss of enjoyment of life.

Cases such as this can take months, even years before a settlement is reached. Fortunately, for victims who are struggling with financial responsibilities, litigation funding is an option. Litigation funding seeks to level the financial playing field between personal injury plaintiffs and defendants (insurance companies). Litigation funding is a means of advancing a portion of the settlement. This way, plaintiffs are not forced to accept low ball offers and can fight for fair compensation. This type of cash advance is provided on a non-recourse basis meaning if the case is not successfully resolved, there is no repayment of the advance. With litigation funding, there are no credit checks, employment verification or upfront fees. Once Litigation Funding Corporation receives a funding application, we will request case documentation to evaluate the case. If approved the money can be available within 24 – 48 hours and used at the client’s discretion, without restrictions.

We are committed to providing litigation funding so plaintiffs can move on with their life while their attorney pursues the claim. For a no-obligation consultation for your personal injury case, contact Litigation Funding Corporation.

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