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Litigation Funding Blog

Chicago Surgical Patient Alleges Medical Malpractice During Gall Bladder Surgery

February 29, 2016

Alfred Matthews went to the hospital for a routine gall bladder surgery. During his operation, the surgeon allegedly severed his common bile duct.

Matthews filed a personal injury lawsuit against the hospital Orland Park in Chicago, the surgeon Dr. James O’Donnell and two other named defendants doing business under Advocate Health and Hospitals Corporation. According to the statement of claim, the surgeon severed Matthews’ common bile duct during a laparoscopic procedure, then failed to switch to an open procedure to repair the error. As a result of the alleged medical negligence, Matthews had to submit to additional surgeries to repair the duct. He is seeking suitable compensation to cover the cost of his current and future medical treatments in addition to his pain and suffering.

The medical bills in this case would indeed be very high. The average American does not have access to the hundreds of thousands of dollars the surgeries, hospital time and other procedures demanded. In order to handle such staggering medical expenses while waiting for his case to go to court or reach a settlement, Matthews may find it worthwhile to search online for a lawsuit loan from a reputable litigation funding company.

Pre-settlement funding is fast cash sent to a qualified plaintiff in as little as 48-hours or sooner. It arrives by the fastest method possible and is deposited directly to an applicant’s bank account. A lawsuit loan is emergency funding that allows cash strapped plaintiffs to deal with their medical expenses and usual monthly financial obligations as soon as the litigation funding arrives.

The high stress level of being ill and attempting to recover, combined with no money to pay the bills, is something a plaintiff does not need when attempting to focus on their health. By applying for litigation funding, they can cover their expenses and have the peace of mind of knowing they do not need to deal with avaricious insurance companies who would pressure them to settle early and settle for less than they would likely be entitled to in court.

How Litigation Funding Can Protect You And Your Family

February 9, 2016

Until you are in a pending lawsuit, you may not realize how long the litigation process can take. Even if you win, you may not be paid for months or years, especially if the case is appealed. Most plaintiffs can’t afford to wait, especially if unable to return to work. The mortgage/rent and utilities must be paid. Household bills need to be paid, including groceries. There may be medical expenses or costs associated with ongoing care. The stack of bills may seem never-ending. Deep-pocket defendants and insurance companies know this and will use your financial hardship to pressure you into a low settlement. Believing there is nowhere else to turn, you may consider the offer. Litigation Funding Corporation is here to tell you that is usually not be in your best interest. We may be able to help get you fast cash without a credit check, employment verification, or assets.

Litigation funding is a non-recourse cash advance provided to a plaintiff involved in pending lawsuit or awaiting a settlement payment. The advance is only repaid when you win or settle your case and from the case proceeds; there are never out-of-pocket payments. Furthermore, n recover; no payback. That’s correct – if you lose your case, you are not required to repay the advance.

As long as you have been seriously injured, have legal representation, and a pending lawsuit, you are eligible for litigation funding. The amount of the cash advance you can receive is based entirely on your case. To get started, complete our online application or call our office toll-free at 1-800-LIT-FUND. One of our funding experts would be happy to assist you. We can typically evaluate cases and determine funding within 24 – 48 hours of receiving case documentation.

Opening Doors for Plaintiffs

February 2, 2016

A personal injury lawsuit usually lasts longer than any plaintiff could ever imagine. While waiting for a settlement, most victims will be out of work due to injuries and the bills and financial stress will mount. The longer the litigation process, the worse the financial situation becomes. The insurance company will try to settle for the lowest amount possible and not necessarily the amount you deserve. Because that is not the right decision for any plaintiff, Litigation Funding Corporation has opened doors for plaintiffs to obtain emergency cash while waiting for the outcome of their case. We aren’t a big corporate company where clients are just a number; we are a small company that puts the interest of our clients first with honesty and integrity.

With a simple phone call or by completing an online application, we can provide a cash advance in as little as 24 hours. The money allows plaintiffs to cover general living expenses, medical bills and other immediate needs. After receiving a funding application, we will call the plaintiff’s attorney to request information on the case. Based upon documentation provided, Litigation Funding Corporation will estimate the value of the likely settlement or verdict, and offer a cash advance based upon that estimate. If the plaintiff accepts the cash advance, we will draft a contract for signature. Once signed, funds are sent via direct deposit or overnight mail. The entire process can done through phone, fax, or e-mail. When the case settles, the cash advance and associated fees are repaid. Best of all, there is no repayment obligation if the case is lost.

One important thing to note is that although lawsuit funding is an excellent financial tool, this type of financing should be used as a last resort, after all other funding options are exhausted. If achieving a settlement seems like eternity, you need cash in the interim and have nowhere else to turn, give us a call or fill out our online application.

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